NFT2NFT — Payment NFT(EV) for NFT (EV), Payment ERC20 for EV (NFT)- Polygon Network
This guide will take you through the third test towards the goal of the NFT2NFT marketplace release
Circuits of Value (COVAL)’s project EmblemVault https://emblem.finance is one step closer to its Universal Cryptocurrency/NFT Marketplace.
First thing to do, is to create an EmblemVault (EV) NFT
Payment EV/NFT for Payment EV/NFT
Ill be purchasing this EV from the last tests, on account 0x5B3cFb86a9575a2C42fd88AA71F0957004fa9209
Making an offer to trade this EV containing a xDai Nifty.ink NFT from this account 0x5fD31ec5b8bEdDF0312ae0905B74E50ab0DcDDa4
I have changed the settings to switch off Dark Mode — top left corner, easier to read the drop down button text.
Clicking the “Make an Offer (NFT2NFT)” button, then select “Emblem Vault V2” for the EV, then “825758” in the drop down, finally clicking “Make Offer” and sign the MetaMask transaction.
If you haven't used this before, there will be a further “Approve Spend” option to confirm on MetaMask
This will take the payment in Coval (set at 10 for this test) then display the offered EV/NFT.
You have the option to “Withdraw Offer” if you wish to cancel the transaction.
I have changed EVM account to the Owner of the NFT (0x5B3cFb86a9575a2C42fd88AA71F0957004fa9209)
Click the “My Offers (NFT2NFT)” will allow you to “Reject Offer” or “Accept Offer”, opening up MetaMask to sign the confirmation and swap will occur.
If you haven’t used this before, there will be a further “Approve Offer” option to confirm on MetaMask
The swap will occur and the seller will also pay 10 Coval (set at 10 for this test).
ERC20 Payment for EV/NFT
I shall be the following EV (NFT) held on account 0x5fD31ec5b8bEdDF0312ae0905B74E50ab0DcDDa4 from account 0x5B3cFb86a9575a2C42fd88AA71F0957004fa9209 with 1000 Coval’s.
A test fee of 1% has been set for ERC20 tokens.
Clicking the “Make an Offer (NFT2NFT)” button, then select the ERC20 token “Circuits of Value V2”, then input the quantity “1000”, finally clicking “Make Offer” and sign the MetaMask transaction.
If you haven’t used this before, there will be a further “Approve Spend” option to confirm on MetaMask
This will take the payment in Coval (set at 10 for this test) the offered amount of “1000” will only be taken when the swap is completed.
I have changed EVM account to the Owner of the NFT (0x5fD31ec5b8bEdDF0312ae0905B74E50ab0DcDDa4)
Click the “My Offers (NFT2NFT)” will allow you to “Reject Offer” or “Accept Offer”, opening up MetaMask to sign the confirmation and swap will occur.
If you haven’t used this before, there will be a further “Approve Offer” option to confirm on MetaMask
The swap will occur and the seller will also pay 10 Coval (set at 10 for this test), plus 1% of the 1000 Coval (10 further Coval).
Further Testing
Attempt to scam/fraud a purchase
Different Network Testing
Further information
Circuits of Value Official Telegram room : https://t.me/Coval_Chat
Circuits of Value web page : https://circuitsofvalue.com
EmblemVault application : https://emblem.finance/create
Tokenomics : https://medium.com/@emblem_vault/circuits-of-value-tokenomics-9a0f5d72789b
