//ethglobal.com/showcase/flap-sh-nypdu. Flap is now incubated by Startup Lisboa https.//www.startuplisboa.com/ as one of the leading startups born out of Lisbon.
Project Description
We are trying to solve the following two problems faced by today's NFT market.
Low liquidity. The NFT market needs more buyers and sellers. Our protocol creates more "buy orders" in the market.
No incentives to bridge NFT to Layer2s. The gas cost on Layer2s is much lower than Ethereum. However, most NFT tradings still happen on Ethereum because people have no incentives to bridge their high-priced NFTs to layer2s. Our protocol creates an incentive by creating "buy orders" that may have an offer price higher than the floor price on Layer 1.