Trading System
Traditional NFT marketplaces operate on an order book model, where a transaction requires both a buyer and a seller. Due to the scarcity of NFTs, non-popular NFTs often struggle to find buyers, with transaction peaks typically occurring only at launch. This creates severe liquidity issues for long-term holders, who may wait a long time to sell their NFTsβor find that some NFTs never sell.
Flip abandons the traditional order book model and uses the Bonding Curve for pricing. Whether buying or selling, users interact directly with the contract, and transactions are executed instantly. This means you can sell your NFT at any time without waiting. Think of Flip as the NFT equivalent of Uniswap: Flip has a built-in trading pool where sold NFTs enter, and purchased NFTs come from this pool.
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