The Selene Network Marketplace

The latest project has been to put together and posted for the Selene Network. It’s a marketplace smart contract that anyone can use to exchange NFTs on the Theta network. To interface with that contract, I’ve modified the high-level Selene Network code so that it’s integrated in a useful way.

Connect your Metamask wallet and click the wallet icon in the upper right corner of a Selene Network page.

When the wallet view unrolls the NFTs in your wallet, it will provide a “LIST” decal that is clickable which loads that specific NFT up so that it can be listed in the marketplace.

But, before listing in the marketplace, you should make sure that you understand the features and functionality of this marketplace. This is where I’d highly recommend reading the whitepaper that is associated with the project. It covers all the details.

Yet, the basic idea is this. You:

  • List – to place something in the market
  • Buy/bid – to change ownership
  • Claim – to remove something from the market

When purchasing something, it’s done in the Theta native coin Tfuel and in order to buy or bid, you have to provide the collateral for that operation. Once ‘money’ changes hands, the person/account can claim the money from the contract via the withdraw functionality.

Highlights

What’s kind of cool about this marketplace is that it works for any erc-721 compatible resource on the Theta blockchain. When the NFT is added, you get a marketplace id that represents the resource until it is removed.

And, of course, it’s integrated into the Selene Network software. Anyone running that software will be providing access to the marketplace smart contract that it is effectively a decentralized trading environment.

Summary

Would love to make this marketplace more usable for you. If you have suggestions, please let me know. Keep in mind that this is a distributed, decentralized, has no database other than the blockchain type of marketplace. Because of this, it’s a little harder to use than a centralized source.

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