TopBidder is a radical auction protocol based on ERC721 standard. It adopts the theory of Radical Market and implements a crypto vickery commons’(rNFT) production and auction mechanism. Every rNFT has a self-pricing mechanism with bonding curve model
The artist can earn 50% of the premium when a bidder bid with a higher price to obtain the NFT. So they become the shareholder of their artworks. And the former NFT owner can earn 30% of the premium as subsidy
The bidders can earn $BID token when they bid the certain artworks