Contract Overview
Element V2 is a decentralized NFT marketplace protocol, We try to design a gas-optimized solution with the most NFT swap features. It inherited a groundbreaking modular architectural from 0x V4, we add more new feature for buy/sell NFTs, spend countless hours optimizing the protocol to be the most gas-optimized protocol.
Every action in a decentralized network cost gas, especially in Ethereum gas is very expensive. We do a lot of code optimization and architecture adjustment for gas optimization, and achieved significant results.
Ethereum gas benchmark
- 55% cheaper than OpenSea
- 49% cheaper than LooksRare
BNBChain、Avalanche、Polygon gas benchmark
- 78% cheaper than tofuNFT
- 57% cheaper than NFTrade
To bring better liquidity for NFT buyer and seller, many new features have been added to Element V2:
- Collection Offer
- Instant royalties for creator
- Mixed Payment with ETH + WETH
- Multi Cancellation - cancel all active orders in one transaction
- English Auction
- Dutch Auction
- Scheduled Listing
Some advanced features have been added to the roadmap
- Property Offer - buy an NFT with specified property in a collection
Last modified 1yr ago