What is DomRaider? DomRaider (DRT) is a Blockchain project that aims to improve auctions for NFT assets. In this article, as Kriptokoin.com, we have answered questions such as what DomRaider is, what it offers, what is DRT, what it does, how to get it. Let’s examine together this Blockchain-based project that aims to make NFT trading better.
What is DomRaider?
DomRaider is a Blockchain platform that supports NFT asset trading and auctions. Built on the Ethereum network, this platform aims to make the auction processes more fair, decentralized and open source. However, the platform doesn’t just record auctions and bids. It provides an innovative solution for all auctions worldwide. It does this through a platform that is adaptable, secure and interoperable without sacrificing speed.
The network also allows the participation of all people who have important roles in the auction process. These include live auctioneers, appraisers, delivery services and online auction providers. These people offer their services through DomRaider. They also contribute to the Blockchain network through these services. At this point, DRT, the native cryptocurrency of the platform, comes to the fore.
What does DomRaider offer?
Auctions by DomRaider take place on the Blockchain. Users have the advantage of participating in various NFT auctions through the platform. These auctions are extremely secure, highly accessible and fast. Built on Ethereum, the network operates in a highly scalable manner. In other words, the amount of transactions the network performs per second is high.
On the other hand, the Blockchain network also offers a number of advantages such as low transaction fees. Thanks to the low fees, users do not have to spend big to participate in the auction. The decentralized and transparent structure of the network hosting the DRT token promises a safer environment to users.
What is DRT? What does it do?
DRT is a cryptocurrency created following Domraider’s ICO in September 2017. This cryptocurrency is built using the ERC-20 smart contract. However, it has various use cases within the network. Accordingly, DRT is improving its auction processes worldwide. That is, it aims to make auctions easier, safer and faster. In addition, users can buy and sell NFTs at auctions with DRT.
What is DomRaider? How to take DRT?
DomRaider is currently only traded on HitBTC, YoBit and Crex24 exchanges. Interested investors must access and become a member of one of these exchanges. They can then verify their membership, deposit an asset in their wallet that matches the DRT pairs, and purchase the token.
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