Thread by @AlphaFinanceLab

1/8 Launching #AlphaBuyWall, a smart contract that allows bidders to bid for NFT & sellers to access liquidity without slippage!
buy-wall.alphafinance.io

Now supports:
1) #Loot @lootproject @dhof
2) #Bloot @beaniemaxi
3) @Pudgy_Penguins
4) @0n1Force
5) @coolcatsnft
6) @BoredApeYC

2/8 How is #AlphaBuyWall unique and useful for the community?

1⃣Provide price floor for all #NFTs
2⃣Instant liquidity for NFT sellers
3⃣No slippage
4⃣On-chain orderbook, transparent and fair for all.
5⃣No fee
6⃣No fake NFT

3/8 How to bid on #AlphaBuyWall?

Deposit $ETH, which will be locked on Alpha Buy Wall contract, to bid for floor #NFTs. If matched, you will exchange your ETH with an arbitrary NFT of the given collection.

4/8 How to sell on #AlphaBuyWall?

Sell #NFT for instant $ETH liquidity at the highest bid price. Alpha Buy Wall will match and conduct the exchange process.

5/8 Why not @NFTX?
1) Slippage

2) Supply-side requirement: Every NFTX PUNK token requires someone to lock PUNK making. If there are not many PUNKS locked, there would not be many PUNK tokens in circulation, leading to high slippage.

6/8 Why not @fractional_art?
1) No instant liquidity: Holder needs to fractionalize and set desired reserve price. This requires matching from demand side.

2) No price floor: Each NFT is fractionalized and has its own reserve price. No price floor for collection can be derived.

7/8 #Alpha is officially venturing into #NFT and #Metaverse world.

The blockchain industry is evolving fast, expanding use cases to NFTs and the Metaverse. We'll move together with the broader community to build & innovate in new segments that blockchain technology touches upon.

8/8 For more details and step-by-step guide to use Alpha Buy Wall, see the launch article below.

blog.alphafinance.io/launching-alph…