True On-Chain Marketplaces Empowered with ReserveBlock RBX Core-Wallet
• ReserveBlock RBX (ReserveBlock.io) has released its long-awaited p2p auction and collection features in the RBX core-wallet.
• This feature enables any creator, owner, or issuer to initiate self-custody marketplaces without a third-party and provides an elevated p2p commerce experience.
• The network activates true on-chain royalty enforcement for creators with bid fulfillment and ‘buy now’ transactions automatically enforced with transparent bid and transaction history.
ReserveBlock Releases Peer-to-Peer Auction and Collection Features
ReserveBlock RBX (ReserveBlock.io) has released its long-awaited peer-to-peer auction and collection features within the RBX native core wallet, enabling any creator, owner, or issuer to initiate self-custody marketplaces without a third party. This new feature provides an elevated peer-to-peer commerce experience with automated on chain bid fulfillment and ‘buy now’ transactions with transparent bid and transaction history.
True On Chain Marketplaces
The new on chain marketplaces provide users with the ability to publish auctions of minted assets from their non custodial wallet using features such as bidding options or ‘buy now’ options all natively, allowing them to trade directly with peers. These auctions can be viewed by anyone with an RBX wallet, which will auto verify funds prior to participation. In addition, all tokenized media associated with each NFT transfers automatically peer to peer at the completion of a transaction solving self custody needs natively.
On Chain Royalty Enforcement
The network also activates true on chain royalty enforcement for creators while ensuring that bids are fulfilled automatically on chain ensuring complete transparency throughout the process. All auction originators must remit 10 RBX upon publishing which is burned at the time of transaction while they may also utilize a real time chat feature directly through their wallet when arranging for transfer of tokenized physical or real world assets between peers or seeking additional information from issuers themselves.
Third Party Integration
Third party integration of the RBX engine is open to any authority providing on chain solutions for royalty enforcement as well as self executing smart contracts leveraging multi asset capabilities evolving features while also solving media transfer and ownership issues for issuer communities resulting in trustless solutions across the board.
Conclusion
Overall ReserveBlock’s new peer to peer auction and collection features offer users unprecedented advantages when it comes to trading assets in a secure manner without requiring third parties while also providing flexibility when it comes to conducting various types of transactions both through traditional means as well as utilizing more advanced tools such as smart contracts resulting in trustless solutions across all platforms involved providing convenience never before seen in this sector.