Future Smart Contract Enhancements
Upcoming Integrations and Features
Self-Minting Capability. Users will gain the ability to mint their unique NFT directly within the Venera smart contract, fostering creativity and personalization within the platform.
Dutch Auction Implementation. The addition of Dutch Auctions will provide an alternative auction mechanism, allowing the price of an item to decrease incrementally until a bidder accepts the current price.
Deferred Sales and Auctions. The contract will enable deferred sales and auctions, empowering users to schedule and execute sales or auctions at a later specified time, enhancing flexibility in trading NFT.
Lazy Minting Support. Lazy minting, a feature allowing token minting upon purchase, will be integrated, optimizing gas usage and reducing initial storage costs for NFT creators.
Conclusion
The future enhancements aim to diversify and enrich the Venera platform, enabling more flexible trading, creating opportunities for self-expression, and ensuring compatibility with a broader range of NFT standards.
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