Web3 item auctions
Web3 items, bid in the open.
Whitelist spots, guaranteed mints and pre-market allocations. The seller locks collateral first, and your payment waits in escrow until you confirm delivery.
Auctions
On the block now.
Live and upcoming listings, each backed by collateral the seller locked before bidding opened.
- The seller locks collateralA listing opens only once the collateral behind it is locked.
- The winner pays into escrow24 hours to pay; the seller cannot touch it yet.
- Delivery is confirmed72 hours to confirm. Nothing delivered means your money back with the collateral.
Payments are not open yet: collateral, bids and escrow start when they do.
Questions.
What can I bid on?
Whitelist spots, guaranteed mints, pre-market tokens and allocations, and whatever else a seller describes. Each listing says what the item is, who sells it and how it reaches the winner. Some listings also offer Buy now at a fixed price.
What keeps the seller honest?
The seller locks collateral before bidding opens, at least 20% of the starting price. If the item is not delivered by the deadline on the listing, the winner gets their payment back plus that collateral.
When do I pay, and when is the seller paid?
The winner pays into escrow within 24 hours of the auction closing. The seller is paid when you confirm delivery, or 72 hours after they mark it delivered if you neither confirm nor dispute.
What if something goes wrong?
Raise a dispute from the listing before you confirm. The payout waits while a person on the spaca team reviews it, and they either pay the seller, refund you with the collateral, or refund you.
Who can list an item?
A project can sell its own spots and allocations, and a holder can resell one. Either way the listing opens for bids only once its collateral is locked.
What are the fees?
Fees are shown before you pay. [FEE POLICY — published before launch]
Have a spot to sell?
List a whitelist spot, a mint or an allocation. Set a starting price, lock the collateral, and bidding opens.