Auctions
LOVE NFT Auctions
First LOVE Auction!
Our first LOVE Auction was held August 20th 2023 in the Moonbay discord Our auction consisted of 17 artists including artists with huge followings as well as those brand new to web3! The goal of the first auction was to raise funds for liquidity pools for the $LOVE token launch. Fees were 20% minimum going to LOVE of everything sold of the 17 artists 9 donated more than the 20% minimum! Every piece was bidded on and sold We raised over 1500 $FTM in a few hours!
Future LOVE Auctions
Our goal for future auctions is to bring more new artists and give them the opportunity to sell their art easily regardless of their experience level in web3 THEMES Every auction will have a theme that is voted on by the community. Each artist will interpret the theme however they want.
ART SUBMITTED DOES NOT HAVE TO BE MINTED! The LOVE community will provide the minting of the art so you only need to submit a jpg, png, etc. and we will take care of the rest. If you choose for LOVE to mint your art it will become part of the LOVE NFT art collection Funds and NFTs are held in the Treasury wallet and distributed after the auction concludes WHAT IF MY PIECE DOESNT SELL?! LOVE will list your piece on paintswap for 24 hours after the auction as a opportunity for those who could not make it to bid on additional pieces. If it still does not sell we will send the NFT back to you FEES! There will be a 20% minimum fee of all sold pieces going to the $LOVE treasury. This will be used to make additional liquidity and for buy backs. If an artists chooses they can donate more than the 20% WEN?! Auctions will be held monthly and will take place in different discords based on who wants to host. The first was hosted by Trippy Steve in the Moonbay discord, who knows where the next one will be.
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