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Guide for Sellers

The TokenTrip Auction House empowers you to get the best market price for your unique experiences.

Step 1: Navigate to Your Dashboard​

After connecting your wallet, go to your Dashboard. Here you will find all the ExperienceNFTs you own under the "My Collection" or "Inventory" tab.

Step 2: Select an NFT and Start an Auction​

For any NFT you own, you will have an option to "Start Auction". This will open a configuration modal where you can set the terms of your auction.

Step 3: Configure the Auction​

You will need to provide the following details:

  • Currency: Choose whether you want to receive bids in SUI or TKT.
  • Start Price: The minimum amount for the very first bid.
  • Reserve Price (Optional): A secret minimum price that must be met for the sale to go through. If the final bid is below this amount, the NFT will be returned to you.
  • Duration: How long the auction will last (e.g., 1 day, 3 days, 7 days).

Once you submit the transaction, your Auction object is created on-chain and will appear on the main "Auctions" page.

Step 4: The Outcome​

When the auction's timer runs out, one of two things will happen:

  • Successful Sale: If there was at least one bidder and the final bid met or exceeded your reserve price, the auction is ready to be settled.
  • Failed Auction: If no one placed a bid or the reserve price was not met, the auction is also ready to be settled.

In both cases, you don't need to do anything. The final step, settlement, can be triggered by anyone. Once settled, you will automatically receive either the funds from the winning bid (minus creator royalties) or your NFT back in your wallet.