Site for the sale of a unique NFT token painting, implemented on the strategic purchase market - buying tokens for a large amount (whales) or profit for small rates at auctions (shrimp).
The IdeaThe main logic follows two bidding sides – Shrimp and Whales. The Whales are defined as high stake bidders able to bid large amounts on the painting. The Shrimp is a small bidder that adds up to other Shrimps
Whale is always alone on the bid:
If a Whale wants to place a bid, the bid must be higher than the previous one in order to overthrow the previous Whale and become the new one. The overthrown Whale automatically gets their bid returned.
The current Whale can add to their bid at any given time, e.g. if they sense or see Shrimp catching up or surpass the current highest bid (NOTE: only the current and active Whale can do so). The Whale’s goal is to win the painting for himself.
Shrimp always bid together:
All the placed bids stay and are accumulated into a “pot”, which competes with the Whale’s bid
Shrimp will have a maximum bid placement limitation (as they would not become Whales themselves and surpass the auction intentions and idea).
The number of Shrimp is unlimited.
Their goal is to overthrow the Whale and get the painting parts to themselves.