# 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. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://whitepaper.luxeya.io/marketplace-and-rwa-nft.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.