Solving problems of existing NFT markets

1. Liquidity

The bitter truth to the solution of low liquidity: the best method is to pump up the floor price. It is costly and mainly relies on the NFT project team to do it. However, there are other ways to mitigate the liquidity problem under certain circumstances. For projects that were once active but now liquidity is low, they can be tagged into two categories: high floor price and low floor price.Instead of selling, DaiDai developed a loan market for high floor price NFTs, just like a pawnshop. Except DaiDai will not loan the token, it relays the borrow offers to the loan market we made. The loan contract itself is also an NFT, which means the lender can sell this contract immediately, NFTfi! DaiDai uses EIP-3589 to assemble NFTs (both ERC-721 and ERC-1155) and tokens to make an immutable bundle NFT. So the borrower can stake an even more valuable asset for more token. As for the low floor price NFTs, DaiDai has a NFT fragmentation contract like the project NFT20. But instead of a 5% tax on the fragment token, DaiDai only takes 2% of them. The 2% fragment token is used to provide liquidity to a swap pair along with a 2% fragment token worth $DDT(DaiDai's utility token). And the LP token is sent back to community vault. By this mechanism, the low floor price NFTs' liquidity is connected, via $DDT.

2. A true web3 project

For our familiar web2 giants such as Google, their free users are not traditional customers. The users are just a part of their ecosystem, 'data producers' to be specific. The real users of Google are agents who advertise on it. No wonder the free users are not well respected. DaiDai team wants to build a web3 NFT market that listens to users, invites users to participate in business and finally share profits with users. An NFT market with DAO built in. Currently, DaiDai DAO has two roles: Primer and Ambassador. Primers are DaiDai's membership NFT 'Primer Card' holders. Anyone willing to help promote DaiDai can be Ambassador. An Ambassador can propose a promotion plan to Primers. If this plan gets accepted by primer voting group, both Ambassador and Voters will be rewarded with $DDT. More details will be shown in Architecture section.

3. Interactiveness

DaiDai is an interactive NFT market. That means you can use DaiDai to do INO (initial NFT Offer, i.e. minting), you can make an event on DaiDai and even work with DaiDai marketing team to promote your own project. Sharing resources is the key to success in the web3 world.

4. NFTs with utilities

NFTs are powerful financial instruments because NFTs can present anything, not just JPEGs. DaiDai team is working with traditional companies like auction platform and whisky industries to NFT-ify their products. Those projects can be sold via NFT and are also claimable physically by burning NFT. The buyers can buy and sell NFTs freely for a myriad of uses.