Auction Light offers gas-free NFT trades via auctions. lendNFT is a non-transferable debt NFT mirroring the original's metadata.
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Auction Light is an NFT marketplace focused on auctions and gas-free transactions, designed to improve market efficiency. It addresses the issue of high gas fees relative to the value of smaller NFTs, allowing users to make trades by simply signing a message, leading to better prices and lower fees. The platform also introduces lendNFT: when an NFT is deposited into ACL DAO, a non-transferable, non-approvable Debt NFT (lendNFT) is minted, retaining the original NFT's metadata and token ID for social media use, ensuring security and digital expression.
As of now, Auction Light is trading at 0.000012 USD, with a 24-hour trading volume of approximately 24.17K USD. The ACL to USD price is updated in real time. Over the past 24 hours, Auction Light has increased by 4.14%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 2.85K USD. Currently, there are 232 000 000 ACL in circulation out of a maximum supply of 2 000 000 000 ACL.
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