> For the complete documentation index, see [llms.txt](https://whitepaper.luxeya.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://whitepaper.luxeya.io/marketplace-and-rwa-nft.md). # Marketplace & RWA NFT ### Luxury NFT Marketplace The π™‡π™π™“π™€π™”π˜Ό NFT Marketplace allows users to trade both in-game NFTs from Mystery Boxes and Luxury Real World Asset (RWA) NFTs within the platform. #### Seamless Trading & Auctions * Sellers can set a price or initiate an auction, where buyers place bids. * To bid, users must hold the required amount of $π™‡π™π™“π˜Ό in their wallet. * If the highest bidder fails to complete the purchase, the NFT is automatically awarded to the next highest bidder. #### A Marketplace for Luxury & Gaming The marketplace supports both game NFTs and RWA NFTs, making it the largest luxury-focused Web3 marketplace where users can trade high-end fashion, jewelry, hypercars, real estate, and more. #### Powered by Blockchain Transparency Built on blockchain technology, the marketplace ensures secure, transparent, and verifiable trading of valuable tokenized assets. #### Consignment example If a winner of an RWA (e.g., a watch valued at $50K) opts to sell it below market price (e.g., $40K), the original storeβ€”where the prize would have been claimedβ€”can choose to resell it. The store sets a higher target price (e.g., $50K) and lists it on π™‡π™π™“π™€π™”π˜Ό marketplace. Users can then purchase fractional ownership by staking $π™‡π™π™“π˜Ό tokens totaling $40K. Once the store sells the watch for $50K, the $10K profit is distributed proportionally among fractional owners, rewarding them for their investment. #### Sustainable Economy & Token Utility * π™‡π™π™“π™€π™”π˜Ό takes a 3% fee from the final sale price of all auctions, supporting the marketplace's sustainability. * Increased $π™‡π™π™“π˜Ό demandβ€”since all purchases require $π™‡π™π™“π˜Ό, the marketplace drives token adoption and strengthens its value in the ecosystem. *** ### Real-World-Assets Tokenisation Prizes are facilitated by partnerships between π™‡π™π™“π™€π™”π˜Ό and third-party tokenization services, working with luxury item dealerships in various sectors, such as high-end consumer electronics, luxury jewelry, watches, designer handbags, supercars, real estate and more. The aim is to offer highly sought-after, timeless prizes that retain their value over time.