FOX COIN Proposal - Ecosystem Genesis Fund

Super!) Now everything is very clear!)
But, one more small question!) Excuse me please)!

what will be the fate of the tokens? Suggestion that I made.

Usually thereā€™s a ā€˜Cancel Offerā€™ or ā€˜Cancel Listingā€™ option on other marketplaces, but you can double check with @Fox_Coin on this.

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On FOX, there is no such opportunity now! The rate was not big - not scary! But I definitely began to better understand how marketplace lace works!) Thanks to you!
Thanks a lot!))
And the fox team, of course, needs to do lessons and add information on the site itself.

Iā€™m sure they are preparing the tutorials behind the scenes, so donā€™t worry. :wink:

:point_down:
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marketplace.foxchange.io:

The NFT Marketplace of Foxchange provides traders with an efficient and secure way to buy, sell, and trade NFTs. The marketplace is powered by a function x decentralized network of nodes that make it impossible for anyone to violate ownership or manipulate transactions.
NFTs are becoming increasingly popular within the crypto world due to their ability to authenticate ownership and transfer value over time. Foxchange NFT Marketplace also includes built-in tools such as NFT auctioning sites, NFT wallet services, and NFT trading platforms to help traders gain better insights about the NFT market. Foxchange is home to the official Fox Genesis NFT Collection which provides users with additional benefits like zero fees for a lifetime. The platform is designed specifically for those looking to invest in NFTs, providing users with the best selection and prices of NFTs on the market.

What is an NFT?

A Non-Fungible Token (NFT) is a unique digital asset that is stored and tracked on a blockchain network. NFTs have certain characteristics that set them apart from traditional currencies, such as ownership of unique digital assets, the ability to transfer value over time, and authentication of ownership. NFTs can represent physical items such as artwork, collectibles, in-game items, or virtual real estate, or even intangible concepts such as digital events or non-fungible memberships.

How to buy an NFT?

In order to buy an NFT, youĀ“ll need a crypto wallet and cryptocurrency (FXG and FX for gas). We recommend f(x) wallet or metamask. Foxchange runs on the FX EVM Chain. The native currency from our NFT marketplace is $FXG you can buy it on fx-swap.io After you set up your wallet and have both currencies in your wallet, you can buy NFT on our marketplace.

What types of sales are there?

Currently, there are three ways to buy an NFT.

  • Fixed Price
  • Auction
  • Make offer

Fixed Price:

After you found an NFT you like to buy, you can click on ā€œBuy Itemā€. Sign the transactions and wait for the blockchain to confirm them. After the transaction got confirmed the exchange over our escrow contract happens. You receive the NFT and the seller your tokens.

Auction:

Once an NFT is placed for sale, the auction will start at a relatively low price to attract a large number of bidders. The price increases each time someone makes a new, higher bid until finally, the auction comes on a fixed date to end. After you won the auction, the NFT is claimable for the winner, or the seller can claim the tokens both will result in the same transfer NFT<>TOKENS. Once you are overbid, you receive automatically your last bid back.

Make Offer:

With the feature Maker Offer, you are inviting buyers to negotiate with you. After a buyer makes an offer, you can choose to accept or decline. You can also Make Offers on unlisted items.

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