Trading Mechanisms:
Link: https://miro.com/app/board/uXjVKOzhUs8=/?share_link_id=167556113572
The trading process on COiTON is divided into two stages. Initially, the parties involved reach a consensus on the price and exchange the necessary documents. Following this, they depend on COiTON to carry out the transactions according to the terms agreed upon. These transactions are then recorded on the blockchain within the COiTON platform.
The COiTON trading platform is an active marketplace where agents or homeowners can list their NFTs once they receive approval. This approval comes from the DAO, which must first validate the properties before they can be listed on the COiTON platform.
The trading process on COiTON involves traders arriving at the trading index to select properties they wish to trade. The NFTs act as the trading indices. Traders can either buy or sell shares of these NFTs, and all transactions are conducted using COiTON tokens.
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