World's first decentralized NFT AMM powered by AI-driven price oracles.
seacows.ethOptimising NFT Liquidity: A Case Study of Blur, Sudoswap, and SeaCows
It is well known that the NFT market suffers from low matching efficiency due to NFTs being indivisible, having limited quantities, rarity differences (delta), and difficulty finding a uniform price. This leads to a big bid-ask spread and insufficient trading depth. Central limited order book marketplaces like Blur and NFT AMMs like Sudoswap aim to address this issue. However, SeaCows has the potential to be the ultimate solution for NFT liquidity provision in the Web3 world and can transform...
seacows.ethTrue on-chain gaming
When asked about the household names of web3 gaming, you would expect to hear of Illuvium, Star Atlas, BigTime or GalaGames. Yet you might be surprised that none of them exhibit fully on-chain gameplay. One could even categorise them as web2.5 or NFT games. While this may initially sound provocative, true on-chain gaming is something completely different than you think.The premise of on-chain gamingImagine a game where the entire back end sits on the blockchain. We are talking about every sin...
seacows.ethA hybrid NFT AMM model - AI-driven pricing
We previously discussed the usability of an NFT AMM (Automated Market Maker). In this post, we explain how the SeaCows NFT AMM protocol handles NFT pricing. The following assumed a good understanding of AMMs and liquidity pools.The status quoTo automate NFT trades two things are required. Essential liquidity and automated pricing. To provide the former existing NFT AMMs have adopted the now common notion of liquidity pools. In regards to the latter, other protocols such as sudoswap have sugge...
seacows.ethOptimising NFT Liquidity: A Case Study of Blur, Sudoswap, and SeaCows
It is well known that the NFT market suffers from low matching efficiency due to NFTs being indivisible, having limited quantities, rarity differences (delta), and difficulty finding a uniform price. This leads to a big bid-ask spread and insufficient trading depth. Central limited order book marketplaces like Blur and NFT AMMs like Sudoswap aim to address this issue. However, SeaCows has the potential to be the ultimate solution for NFT liquidity provision in the Web3 world and can transform...
seacows.ethTrue on-chain gaming
When asked about the household names of web3 gaming, you would expect to hear of Illuvium, Star Atlas, BigTime or GalaGames. Yet you might be surprised that none of them exhibit fully on-chain gameplay. One could even categorise them as web2.5 or NFT games. While this may initially sound provocative, true on-chain gaming is something completely different than you think.The premise of on-chain gamingImagine a game where the entire back end sits on the blockchain. We are talking about every sin...
seacows.ethA hybrid NFT AMM model - AI-driven pricing
We previously discussed the usability of an NFT AMM (Automated Market Maker). In this post, we explain how the SeaCows NFT AMM protocol handles NFT pricing. The following assumed a good understanding of AMMs and liquidity pools.The status quoTo automate NFT trades two things are required. Essential liquidity and automated pricing. To provide the former existing NFT AMMs have adopted the now common notion of liquidity pools. In regards to the latter, other protocols such as sudoswap have sugge...
World's first decentralized NFT AMM powered by AI-driven price oracles.
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NFTs represent ownership. However, such tokens of ownership are currently highly illiquid and lack an accurate pricing standard. Our NFT AMM (Automated Market Maker) protocol is here to change that. We believe in a future of decentralised, frictionless and instantaneous NFT trading that is facilitated by a secure and AI-driven price oracle.
Instead of an off-chain order book (i.e. Opensea, MagicEden), on-chain liquidity pools holding an ERC20/NFT pair enable truly decentralised NFT trading. Anyone can add and remove liquidity, anyone can buy and sell. Any developer can build on top of the permissionless protocol. All parties make up the AMM, and at its core lies an NFT price oracle.
NFTs are different from ERC20 tokens. A commonly used bonding curve pricing strategy does not account for their unique traits and non-fungibility. An AI-based price evaluation mechanism is required that combines both on-chain and off-chain data for a specific pool pair. It provides a fair pricing quote for non-fungible tokens in real-time.
GameFi: NFTs are the cornerstone within Blockchain Gaming and provide utility in the form of in-game items, each with its unique trait. Our protocol enables games to easily build their own decentralised in-game marketplace centred around their native token to increase in-game transactions, and strengthen their game economy. Their own NFT AMM will handle the entire transaction process while being secure, instant and easy.
NFT Marketplaces: NFT holders interact with NFT marketplaces to buy and sell their assets. NFT liquidity pools would provide higher liquidity to users, enable faster NFT trades and allow added functionality such as NFT staking. Based on the value of the NFT staked, as estimated by the AI-driven price oracle, the liquidity provider would receive a proportionate reward instead of being rewarded based on the floor price.
We have a core development team, consisting of gamers and NFT degens wanting to build a better and decentralised future for NFT ownership.
Find our Twitter: @siyunhe2 @JohnKaller_io
In this blog, we only scratched the surface of what we are building and the future we envision. We just publicly announced our product and vision, and at the end of August, we will release our testnet demo to be used by partners and users, to gather feedback and reiterate.
If any of this made you feel excited, and want to know more, join our discord and follow our Twitter.
You can also check out: seacows.io
NFTs represent ownership. However, such tokens of ownership are currently highly illiquid and lack an accurate pricing standard. Our NFT AMM (Automated Market Maker) protocol is here to change that. We believe in a future of decentralised, frictionless and instantaneous NFT trading that is facilitated by a secure and AI-driven price oracle.
Instead of an off-chain order book (i.e. Opensea, MagicEden), on-chain liquidity pools holding an ERC20/NFT pair enable truly decentralised NFT trading. Anyone can add and remove liquidity, anyone can buy and sell. Any developer can build on top of the permissionless protocol. All parties make up the AMM, and at its core lies an NFT price oracle.
NFTs are different from ERC20 tokens. A commonly used bonding curve pricing strategy does not account for their unique traits and non-fungibility. An AI-based price evaluation mechanism is required that combines both on-chain and off-chain data for a specific pool pair. It provides a fair pricing quote for non-fungible tokens in real-time.
GameFi: NFTs are the cornerstone within Blockchain Gaming and provide utility in the form of in-game items, each with its unique trait. Our protocol enables games to easily build their own decentralised in-game marketplace centred around their native token to increase in-game transactions, and strengthen their game economy. Their own NFT AMM will handle the entire transaction process while being secure, instant and easy.
NFT Marketplaces: NFT holders interact with NFT marketplaces to buy and sell their assets. NFT liquidity pools would provide higher liquidity to users, enable faster NFT trades and allow added functionality such as NFT staking. Based on the value of the NFT staked, as estimated by the AI-driven price oracle, the liquidity provider would receive a proportionate reward instead of being rewarded based on the floor price.
We have a core development team, consisting of gamers and NFT degens wanting to build a better and decentralised future for NFT ownership.
Find our Twitter: @siyunhe2 @JohnKaller_io
In this blog, we only scratched the surface of what we are building and the future we envision. We just publicly announced our product and vision, and at the end of August, we will release our testnet demo to be used by partners and users, to gather feedback and reiterate.
If any of this made you feel excited, and want to know more, join our discord and follow our Twitter.
You can also check out: seacows.io
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