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Near Names is a smart contract and application allowing users to safely sell and buy near accounts (and more importantly their respective domain names).

Auction flow

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The sale process is an auction, the account offering the highest price wins. Read more in Auction Flow

Prior art

There already exists https://near.bet accounts auction marketplace. This project brings more flexibility to the auction process.

Key features

• Custom bid amount: no fixed bid step, bidder can place arbitrary high bid right from the start.
• Adjustable duration: after auction time ends, either lot is sold, or returned back to owner.
• Lot withdrawal: lot can be withdrawn from auction if there were no bids yet.
• Reserve price: minimum amount for the bid
• Buy now price: price for which lot will be sold instantly.

Marketplace contract documentation

Detailed description of marketplace contract is in Marketplace contract