MarketPlace
Last updated
Last updated
In the Gallux ecosystem, the Marketplace serves as a bustling digital bazaar where users can trade and auction their Non-Fungible Tokens (NFTs). This Marketplace allows users to unlock the true economic potential of their gameplay, providing a stage where the digital assets acquired through gaming efforts can be sold or traded. As such, the Gallux Marketplace is a key player in maintaining and amplifying the value derived from in-game activities.
The Loot Boxes will be airdropped to our staking users and will contain a blank 3D Companion Bot airdrop & many different GALLUX traits & attributes!
After our marketplace launch, you will be granted the ability to access our partner’s utilities! We are currently partnered up with a couple of large NFT projects, and more to come Future partnerships will also be Web2 brands, and not only NFT projects
On this Marketplace, the pricing of tokens isn't dictated by a central authority, but instead, it's shaped by the dynamics of supply and demand among players. Rare items that are hard to obtain or unique tokens boasting special attributes are likely to command higher prices. For players, this creates a thrilling possibility: the time and effort invested in playing a game can translate into substantial financial rewards, if they manage to secure and sell such coveted items. This adds a whole new dimension to the gaming experience, turning the Marketplace into a strategy game of its own.
On a technical level, the Marketplace operates through smart contracts, which govern the buying, selling, and auctioning processes. For instance, when a user wants to sell an NFT, they would interact with the smart contract to list their item, set a price, and approve the contract to manage the sale. Potential buyers can then interact with the same contract to execute a purchase, which triggers the automatic transfer of the NFT to the buyer and the funds to the seller.
Here's a simplified Solidity smart contract to illustrate the concept:
This contract accepts an NFT contract upon deployment, then allows users to list their NFTs for a price. Buyers can purchase the listed NFTs by calling the buyNFT
function with the appropriate listing ID and sending the required amount of Ether.
Keep in mind, this code is greatly simplified for illustrative purposes. The actual implementation would be more complex and would include further considerations for security, efficiency, and usability. It's always recommended to get professional help when writing and auditing smart contracts, and thoroughly test any contract in a safe environment before deploying to the main network.