TokenTrove - a brand new NFT marketplace. Its goal - to give users the ability to find quickly popular tokens, using powerful search and filtering. Each token will have its own trading platform with filters for users, search, price analysis and much more.
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Description of the TokenTrove
TokenTrove - a trading platform that runs on the 0x protocol. The main idea - to give the opportunity to search for various tokens quickly. All marketplaces, that also work on the 0x protocol, will be able to share lists with the service. Thus, the user can be sure that he is getting the lowest available price. The main advantages of the resource:
- Firstly, tokens never leave your wallet, until you sell them. You can freely transfer them elsewhere.
- Secondly, automated listing tools will be available soon. This will allow you to list a large number of tokens simultaneously. It’ll also be possible to track lists through the resource API.
These factors also indicate that the user may not worry about the safety of funds. You can learn more about the benefits of the site by subscribing to their Twitter page.
Sequence of transactions in dapp
As stated earlier, TokenTrove uses the 0x protocol to buy and sell collectibles. There is no WhitePaper on the resource that you could get acquainted with. But, despite this, the principles of operation and functionality of the platform are clear even to a beginner. Highlighting the main points, the exchange process consists of the next stages:
| Step 1 | A personal activity list is created. |
| Step 2 | All potential buyers get this list. |
| Step 3 | TokenTrove sends the listing to the 0x protocol along with customer information. |
| Step 4 | Protocol 0x transfers the collectibles. |
These are the main steps that you can observe in all transactions on the resource. All of them are thought out in such a way that the user can make transactions on the site quickly and he doesn’t have concerns about the safety of funds.
The 0x protocol is checked and can’t be changed. In fact, he does all the work for you.
How to get a blockchain token?
The lack of a RoadMap in the project didn’t affect their development level. At the moment, there is a function, that allows you to add any ERC721 or ERC1155 tokens. No need for own resource token. The team work is aimed at ensuring that you enjoy the TokenTrove’s work. This takes an extra time to develop, adding the new token. That’s why tokens are added only when there is a great demand for them. If you have the token that you’d like to see on the resource, you can inform the developers about this by a feedback.