Zero-deposit Offer

ZERO-DEPOSIT (ZP) Deals It is like Amazon but in the crypto space.
It is an analogue of the auction model - Bestbid just without locking your funds. Operates on both the ERC and BSC networks, giving it a wider reach and access to a larger pool of potential buyers and sellers.
There was a situation when for the purchase/sale of tokens for 150k, bids were blocked for all 500k from several people. Many users don’t want to do it which is also clear. In addition, now investors are more likely to buy in the dip than block assets somewhere.
It was an obstacle to working with b2b segments such as VC funds or mainers for example. That's why we created a zero-deposit deals.

The difference between Best bid auction and zero-deposit?

  1. 1.
    You do not need to block the funds in the contract, you just need to create an announcement about selling a token.
  2. 2.
    When the offer maker and the best bid offer match, then a contract best bid deal is automatically created, and the funds are from their wallets exchanged automatically.
  3. 3.
    If there are no funds, the bidder has limited time to replenish the wallet. Otherwise, the maker selects the next/other best bid. Marketplace works in ERC-20 and BSC and you only need to pay for the gas fee.
In the future, we will implement a label that will reflect if the deal is collateral or not.
The main advantage of the Marketplace model is the ability for users to keep their assets in their own wallets, rather than having to freeze them in a contract for the duration of the transaction. This allows for greater flexibility and control over one's funds.
Creating a new non-collateral auction or bid takes place in the Marketplace section.
It is important to note that the user must ensure that they are connected to the correct network (either BSC or ERC) in order to access the appropriate auctions and bids.

List of active ZD offers

"Offer ID" refers to a unique identification number assigned to an offer that has been made on the platform. This number is used to track and manage the offer and can be used to reference the offer or to look up information about it. Sometimes might be used for escrow deals.
"My offer" refers to an offer that has been created from your wallet and submitted to the platform or OTC desk.
The "amount" field indicates the number of tokens that are being offered for sale in the auction.
The "bids" field shows the number of offers that have been made by other bidders in the auction.
The "View offer" button allows you to view the details of the auction, including the terms of the offer, the current bids, and the expiration date.
The "Create new offer" button allows you to create a new auction
Active offers are typically sorted by their creation date, with the most recent offers appearing at the top of the list. It is important to periodically visit this section to keep track of new offers and to place bids on the ones that you are interested in. You can also enable Telegram notifications to receive updates about new offers and bids in real-time

Other actions with ZD