What's Bull v Bear ?

BullvBear is a new NFT marketplace enabling traders to buy and sell NFTs in the future - powered on the back-end by a put option peer-to-peer matching protocol, associated with an Automated Pricing Engine.

On BullvBear traders can take Buy or Sell Orders on available collections:

• Traders taking a buy order will pay the settlement price to get any NFT from the collection at any time before the settlement deadline (generally in less than 24h).

• Traders taking a sell order will lock a security deposit to be able to sell an NFT from the collection at anytime before the deadline to the buyer.

The settlement price is a price regularly updated by BullvBear, and is based on the collection market activity. It's a price set below the current floor price of the collection (5% to 20%), meaning that:

• Traders bullish on a collection can take a buy order to get NFTs at a 5% to 20% discount

• Traders bearish on a collection can take a sell order to short the collection. They will send any NFT from the collection before the deadline to settle and will get the settlement price. So if the floor price is below the settlement price at the settlement, they will cash out the difference.

At anytime only a limited number of collections are available. The protocol filters the pumping collections with the following parameters:

• High 24h volume variation

• High 24h floor price variation

• Affordable floor price (<1Ξ)

The settlement deadline is also set by BullvBear (a few hours to a few days after the start of the order), and depends on the volatility of the collection.