Buy or sell NFTs
with LOW Fees!

Trade NFTs on the only Solana Dutch Auction marketplace.
The price can only go down. Sign up today for early access.

The Blob website with a live auction

What is Blob?

Blob is an NFT marketplace on the Solana network. We allow anyone to buy or sell verified Solana NFTs using a unique approach of the Dutch auction. 

Blob stands for ”Binary Large Object” and is a generic term used to describe the handling and storage of long strings of data by database management systems.

Buy or sell NFTs with LOW Fees

The only fees we charge are a 0.002% listing fee and a 1% transaction fee.

Dutch auction style

Price declines over time!
Read more about it here

Sell NFTs in bulk

Post multiple NFTs for sale all at once!

How does it work ?

Connect your Solana Wallet

Get started buying and selling Solana NFTs buy connecting to your Phantom Wallet.

Connect your Solana Wallet
Start an auction from an NFT in your wallet

Start an auction from one (or many) of your NFTs

Any Solana based NFTs will be available to auction after you connect your wallet. Choose to publish one or many.

Share your auction with friends

Buyers can watch as the time and cost count down — The buyer that bids, wins!

Share your auction link

FAQs

Web3, Crypto, Dutch Auctions. It might sound confusing, but we've got your answers.

What is a Dutch auction?

A Dutch auction is a sales event in which the price of an item starts high and declines over time. It's different from the traditional open or English auction. In an open auction, the price of an item increases with every new bid. We want to give our users a good deal, without a bot snatching it at the last minute, as is the case with most NFT auctions. 

Why build a Dutch auction? 

Dutch auctions are an opportunity for NFT buyers to find prices that appeal to them on a dynamic basis. The price keeps lowering until the right or most impatient buyer is found.

An NFT collection usually doesn't have a floor price (eg., a very old low-volume collection, a one-off item, etc). In traditional auctions, the reserve is typically set at the floor price. This hinders volume as items will not sell if the floor gets lowered. 

NFT Dutch auctions are unique. They are an efficient price discovery mechanism for matching buyers and sellers. Sellers spend less time adjusting reserve prices ("set it and forget it"). Buyers have more opportunities to identify NFTs in their price zone. 

Will my auction go to zero?

It depends on your reserve price. The reserve price is set by you so you decide how low you want to go. Remember, you may not want to set a price lowered than what you paid!

How can I cancel my auction?

You can’t. This is a Dutch Auction platform. It's an area of opportunity for both NFT buyers and sellers. You can buy back your items to cancel the listing. Please keep in mind that we will still charge the listing fee (0.002%) for the transaction.

What’s the duration of a Dutch auction?

The current version on our platform has duration of: 1hr, 6hrs, 12hrs, 24hrs, and 48hrs. This means that your listing(s) will drop in price x% every x# of hours the seller chooses. We will be upgrading options in future releases. 

The listing will countdown in time towards the reserve price set by the seller To learn more about the Dutch auction model click here

What are your fees? 

We have LOW transaction fees! We only have a 0.002$ listing fee to minimize spamming and auctions created by bots and a 1% transaction fee.

Do creators get royalties?

Not at the moment. We are launching with low fees and zero royalties. This is something that we are considering implementing soon though. ;)

Why partner with SolanaFloor? 

We partnered with SolanaFloor to bring you more clarity around Solana NFT creators and collections. The buyer can click to view the NFT data and analytics before making a purchase. This helps our users become more informed. We hope this data can provide a more secure experience. There are a lot of dishonest NFT projects being produced and SolanaFloor provides a good place to verify authenticity. Currently, we only allow NFTs to be auctioned on Blob that have been listed in the SolanaFloor database. 

Do you have ledger support?

Yes, we do! You can use any ledger on Blob to trade NFTs.

About Us

Blob was born out of the Solana IGNITION hackathon by Web 3 entrepreneurs. Our goal is to launch and nurture Blob into an NFT marketplace and community.

Join our Discord and Twitter to learn more and get in touch!