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 * Introduction
 * Properties
 * Technology
 * Space
 * Expansion
 * Marketplace
 * History
 * Roadmap
 * Links

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MARKETPLACE

DANGER

OpenSea has once again regressed support for legacy ERC721 contracts (As of June
2022)

INFO

Due to the OpenSea regression in March 2022 affecting legacy contract listings
we have re-enabled our basic marketplace entrypoints. We also have plans in the
work to introduce a modern ERC-721 wrapper in the short term to get us back on
Marketplaces. You can read more about this effort here.

Back in 2017, OpenSea did not exist and NFTs we're only traded within closed
ecosystems. Much has changed today as the NFT formula converged and marketplaces
were formed around the ERC-721 standard. Today we have multiple competing
marketplaces and protocols that have created the movement we see today.

> A Dutch auction is a market structure in which the price of something offered
> is determined after taking in all bids to arrive at the highest price at which
> the total offering can be sold. In this type of auction, investors place a bid
> for the amount they are willing to buy in terms of quantity and price.

Aether's core contract is attached to a sibling contract called
AetherClockAuction to enable our own marketplace ecosystem. This allows all
Aether properties to be listed in a trust-less dutch auction style. Our contract
is based off of the CryptoKitties marketplace which has withstood the test of
time.

NOTE

If you want to list an item at a fixed price, simply use the same Start and End
prices in your listing. Share your listing in our #marketplace channel on
discord for more visibility to prospect buyers.


HOW TO LIST

TIP

A property page url has the format of https://aethercity.org/{token_id}
(Example)

 1. Starting from the property page, click the gear menu, click Sell this will
    lead you to the Auction Page

 2. In the Auction page, enter value in ETH (not WEI). Submit and wait for
    transaction to go through (costs gas).

 3. Viewer side, they should see a Buy option on the property page

 4. If you are the seller you can Unlist


NOTES

Here are some additional things to note about the sales auction flows.

 1. Ownership: The ownership of the NFT goes into the auction contract while its
    being listed but can be claimed back at anytime through Unlist
 2. Out of sync: Ownership takes ~10 minutes to sync on our application so
    property access may get out of sync. When in doubt, the block-chain is the
    source of truth.
 3. Royalties: There is a 5% royalty fee built into the contract.

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