For the complete documentation index, see llms.txt. This page is also available as Markdown.

How to create an auction for my NFT?

When you place your NFT on Scove.io via an auction, your NFT is sent to a decentralised smart-contract. You have the choice to set some options:

  • The date and time of the start of the auction

  • The end date of the auction: when the auction ends, the highest bidder wins, if the minimum price is not reached (reserve price), the owner can recover his NFT

  • Starting price: bids below this price will not be accepted

  • Reserve price: If this price is not reached at the end of the auction, the NFT is not sold.

  • The acceptance price: Once this price is reached, the auction will be automatically concluded, the NFT will be awarded to the buyer and the EGLDs sent to the seller.

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