How to Auction
1. Access Wallet Management
Navigate to the top right-hand corner of your screen where your wallet ID is displayed. Hover over the ID and select "Management" from the dropdown menu. This will take you to the wallet management section.
2. Initiate Auction Process
In the wallet management section, look for the option labeled "Add New Listing." Click on this option to initiate the process of listing items for auction.
3. Select Items for Auction
Once in the "Add New Listing" section, filter through your inventory of items. Select and highlight one or more items that you would like to auction. After highlighting the items, click on the arrow "->" icon to confirm the selected item(s) and proceed to the next step.
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4. Toggle "Time Auction" Option
After confirming the item(s) you want to auction, toggle the "Time Auction" option. This will enable the auction feature for the selected items.
5. Set Reserved Price and Auction Duration
With "Time Auction" enabled, set a reserved price that bidders need to meet for the auction to complete successfully. Additionally, select the duration period for the auction, indicating when it will end.
6. Complete Auction Setup
Once you've set the reserved price and auction duration, click on "Complete Listing" to finalize the auction details.
7. Review and Confirm
A summary page will appear, allowing you to review the items being auctioned, their reserved prices, and the auction end time. Confirm that all details are accurate. When ready, click "Confirm" to list the items for auction.
Congratulations! You've successfully listed items for auction on the UniPaws NFT Marketplace. Keep track of your auction progress, monitor bidder activity, and be prepared for the conclusion of the auction at the specified end time. Check your notifications for updates on the auction process.