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Whitepaper

Table of Content
NFT
About Auction Token
Benefits Of Auction Token
Features
Details
Roadmap
NFT
NFT stands for non-fungible token. Non-fungible referred to unique or
special. Opposite to it, fungible things are those which can be easily
replaced like currency notes, digital coins, etc. On the other hand, non-
fungible tokens are unique and can’t be replaced like a short video
clip, digital art, etc. The technology of NFTs has started working in near
2010 but was not famous like this. Recently the technology becomes
popular in 2017 and growing rapidly by leaps and bounds. People are
thinking that this will lead the world of cryptocurrencies in near future.
About Auction Token
Auction Token is BSC based Defi token. With the emerging technology
of blockchain, Auction Token is going to change the way to mint NFTs.
NFT marketplace is a huge market but due to a lack of focus and
proper treatment, it is not being used to its full potential. Auction
Token is going to bring a new evolution in the NFT market. Auction is
going to provide the NFT market a Virtual Auction House which
includes a virtual gallery and platform where the buyer can sell NFT
work by using our token. It is a great step toward the betterment of
both the NFT marketplace and the process of trade in NFT.
Benefits Of Auction Token

Bye-Bye to human error and mismanagement

We already know that financial crises occurred


due to the mismanagement of central
banks(CBs) and third-party intermediaries (TPIs).
But thanks to BSC now we can fix those faults.

Transparency Fewer Steps and Quick Results

Full support by real people behind the Convenience to achieve your goals in far
project. Users will have points of contact to less time than it currently takes today to
assist them for any reason and at any time. accomplish the same result.
Our project will have world-class service and
we will speak to users to assist their needs as
they arise.
Features

Virtual Auction House


We are developing a virtual auction house with a virtual gallery where people can
stroll to find specific artwork. The virtual auction house will be an automated auction
house created by the user's voting system. The virtual auction proceedings will have
a specific redistribution system so that the buyer and the seller will have a much
easier experience.

Transparency
We believe our supporters and users are our most valuable assets. We are open to
any creative ideas and concepts to add to our roadmap. We want everyone to have
a voice and feel like part of the team.

Community Focused
We are 100% Community obsessed! We strive to build a best-in-class community
with active members who are part of the evolution of Auction Token. Join our
movement and change the way of the NFT marketplace.
Details

Supply chain 100,000,000,000

4% 1%

LP Marketing

4% 1%
Holders Developer Locked
for
35% 30 days

Burn
Roadmap

July December

5000-members London Gallery

200- artists All artwork will be printed on


Eco-friendly materials
Beta launch
Real London auction where
1st virtual auction
buyers will receive physical
artwork.

August Redistribution system of


developer wallet.
Virtual Gallery development

Automated auction
November
Full platform launch
Redistribution of tokens for
contest winners
September
October
User auction voting system

First virtual auction in 25.000-members


collaboration with one of
Contest system implementation
England biggest auctions
house

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