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SwapMarket

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Ethereum
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What is SwapMarket?

SwapMarket — the first dapp, built on the 0xcert platform, that is powered by powerful atomic operations on the blockchain.

Contents:

swapmarket дапп

Brief description of the SwapMarket project

SwapMarket — the first decentralized exchange for unique crypto collectibles.

Project opportunities:

1 Replace multiple NFTs (ERC-721) at the same time.
2 Swap NFT and ERC-20 tokens.
3 Swap groups.

An NFT or non-functioning token is a unique, one-of-a-kind asset, tokenized on the blockchain. It can be a crypto-collectible, a certified document or even a physical asset. Atomic operation is the best way to exchange digital assets (both ERC-721 NFT cards and tradable ERC-20 tokens) without the risk of losing tradable assets.

Atom exchange on SwapMarket

SwapMarket is not a general marketplace, where you can buy or sell freely available and listed assets. Firstly, you need to determine who will participate in the exchange. The creator (or you) starts the order by entering the details of all trading parties. You are the Creator or initiator of the order and the Contractor is the one, who fulfills it. You will need to enter the names of all participants (nicknames) and their wallet addresses here. What follows is the essence of the atomic operation - the items that you would like to exchange.

It can be:

  • ERC-721 essential tokens / crypto collectibles
  • ERC-20 tokens
  • and even CryptoKitties.

SwapMarket — one of the rare platforms that allows you to add multiple tokens and create resource sets in combinations that suit you best. Swap Market detects assets, available for exchange automatically, so you don't have to worry about remembering everything you have in stock. You simply browse your assets that SwapMarket supports and select the ones you would like to exchange.

Please note that Swap Market does not work with tokens, based on other, but not confirmed standards yet, so they may not appear among your exchange options.SwapMarket

Once you've decided on the subject of your order, it's time to sign it. Also, don't forget to set an expiration date within which the Taker must confirm and complete the transaction. If he does not have time to do this in time, the order is canceled and the assets are not transferred. You can check the status of your exchange in the swaps menu tab or on Etherscan.

Additional information about dapp

WhitePaper and RoadMap are not available on the site. However, the developers provide information and rules for using the project in the appropriate sections. The smart contract has not been audited. There is no referral system at the moment. From social networks, the community maintains facebook and twitter. You can subscribe to stay up to date with all news.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.