# NFT Marketplace Questions

* Network: MATIC
* Currency: LWA(LumiWave), MATIC(POLYGON)
* Service fee: 0%

<details>

<summary>How to bid the auction for NFT at INNO?</summary>

### ☝**Pay a deposit before you make an offer.**

<mark style="color:red;">\*\*The deposit for the auction must</mark> <mark style="color:red;"></mark><mark style="color:red;">**be paid**</mark> <mark style="color:red;"></mark><mark style="color:red;">for</mark> <mark style="color:red;"></mark><mark style="color:red;">**each item.**</mark>

<mark style="color:red;">If you win the auction, you only need to pay the</mark> <mark style="color:red;"></mark><mark style="color:red;">**final price**</mark> <mark style="color:red;"></mark><mark style="color:red;">besides the deposit.</mark>

<mark style="color:red;">The IP-NFT LumiWave offered</mark> <mark style="color:red;"></mark><mark style="color:red;">**DOES NOT**</mark> <mark style="color:red;"></mark><mark style="color:red;">include the</mark> <mark style="color:red;"></mark><mark style="color:red;">**copyright of the images**</mark><mark style="color:red;">. Unauthorized reproduction and secondary production without the consent of the original copyright owners are</mark> <mark style="color:red;"></mark><mark style="color:red;">**violations**</mark> <mark style="color:red;"></mark><mark style="color:red;">of the original IP owner's legal rights.</mark>

![](https://content.gitbook.com/content/s4BvhFtQSNcfpXOLSNZm/blobs/gciOwUgVF9Me1eb1Rx3U/%EC%BA%A1%EC%B2%98_2023_12_16_10_16_49_190.png)

#### **Check the deposit and Agreement for the setting deposit.**

**Consider the&#x20;**<mark style="color:blue;">**transaction gas fee**</mark>**&#x20;(ONIT-Ethereum, MATIC-Polygon) and confirm.**

<img src="https://content.gitbook.com/content/s4BvhFtQSNcfpXOLSNZm/blobs/V92FLUpvBHUdZuTB4Axt/image.png" alt="" data-size="original">

#### Check that your deposit for joining the auction was completed, and confirm.

### ✌Make an offer to bid, and you can make a higher offer during the auction again.

<img src="https://content.gitbook.com/content/s4BvhFtQSNcfpXOLSNZm/blobs/vd3hj8vNRE2VqLmgJntV/%EA%B2%BD%EB%A7%A4%EC%83%81%ED%92%88%EC%9E%85%EC%B0%B0.gif" alt="" data-size="original">

#### Click the bid button again to make an offer with the price you are willing to pay. Type or click the right button for the price of the NFT you want to buy, and confirm. The set button is from <mark style="color:blue;">5% to 30%</mark> of the current highest price at the auction.

<mark style="color:red;">\*\*Once you make an offer, you are</mark> <mark style="color:red;"></mark><mark style="color:red;">**NOT**</mark> <mark style="color:red;">able to</mark> <mark style="color:red;">**CANCEL**</mark> <mark style="color:red;"></mark><mark style="color:red;">it, but you can make another offer until the date expires.</mark>

### 👌Wait until the auction period expires. You can check out your bidding status at "My NFT" or "Detail page of the NFT".

![](https://content.gitbook.com/content/s4BvhFtQSNcfpXOLSNZm/blobs/i6y4S17HBeZcb96kx3S8/%EC%BA%A1%EC%B2%98_2023_12_16_10_18_46_866.png)

<mark style="color:red;">\*\*\*Win the auction and</mark> <mark style="color:red;"></mark><mark style="color:red;">**pay**</mark> <mark style="color:red;"></mark><mark style="color:red;">the price of your offer</mark> <mark style="color:red;"></mark><mark style="color:red;">**within 7 DAYS.**</mark>\ <mark style="color:red;">If you</mark> <mark style="color:red;"></mark><mark style="color:red;">**give up**</mark> <mark style="color:red;"></mark><mark style="color:red;">on the NFT you win, your deposit will</mark> <mark style="color:red;"></mark><mark style="color:red;">**NOT**</mark> <mark style="color:red;"></mark><mark style="color:red;">be</mark> <mark style="color:red;"></mark><mark style="color:red;">**refunded**</mark> <mark style="color:red;"></mark><mark style="color:red;">as a penalty.</mark>\ <mark style="color:red;">Also if you choose not to proceed, the auction will</mark> <mark style="color:red;"></mark><mark style="color:red;">**reopen**</mark><mark style="color:red;">.</mark>

#### After payment, check out your INNO wallet with your new NFT! The item will be sent to your INNO wallet within <mark style="color:blue;">5 business days</mark>. If you lose the auction, the deposit will be <mark style="color:blue;">given back</mark> to your INNO wallet.

</details>

<details>

<summary>How to purchase NFT at INNO NFT Marketplace?</summary>

### ☝Choose the NFT you wish to buy.

### ✌Choose the currency you'd like to pay with.

![](https://content.gitbook.com/content/s4BvhFtQSNcfpXOLSNZm/blobs/jvDzMEmA3welnnOX9ygW/%EC%BA%A1%EC%B2%98_2023_12_16_10_20_23_521.png)

#### Check the <mark style="color:blue;">price</mark> of the NFT and <mark style="color:blue;">gas fee</mark> for the transaction and confirm. The <mark style="color:blue;">gas fee</mark> for minting the NFT is <mark style="color:blue;">flexible</mark> and depends on the <mark style="color:blue;">current</mark> network <mark style="color:blue;">status</mark>. It may <mark style="color:blue;">vary</mark> accordingly.

### 👌The NFT you bought will be sent to your INNO wallet. Check out your My NFT page.

</details>


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