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FEB 22, 2024

PriceLock by Tensor

by ZIBAH

Are you tired of the unpredictable NFT market? Ever seen your dream NFT skyrocket in price just before you could snag it? Or have you ever felt the frustration of waiting for a buyer for your own creation? Well, say goodbye πŸ‘‹ to FOMO and say hello πŸ‘ to 𝗣π—₯π—œπ—–π—˜ π—Ÿπ—’π—–π—ž by TENSOR - the revolutionary tool that brings certainty and security to your NFT trading experience!

What Price Lock does:

Price Lock enables users to long or short NFTs by locking the buy/sell price of an NFT for 7 days. With Price Lock, users can not only perform active trades on NFTs, but they can also track the live prices of NFTs on Solana easily, gamble on the prices of NFTs, calculate expected earnings before placing trades, and make extra money for themselves.

What makes Price Lock so exciting?

The most exciting feature here is that everyone benefits from using Price Lock either as buyers or sellers of NFTs:
- As Buyers: Buyers can lock in their dream NFTs before prices rise for 7 days and avoid FOMO-driven decisions.
- As Sellers: Price Lock connects sellers with guaranteed buyers for their NFTs, which eliminates the uncertainty of auctions. To make this even better, the Tensor team has integrated a mutual benefit scheme where as a seller, you’ll receive an upfront fee of 3.5% from a proposed buyer of your NFT. So even if the buyer backs out, you’ll still benefit from the deal.
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How to use Price Lock:

With Price Locks, you can either be the TAKER or the MAKER:
As a Taker, you are buying or purchasing a Price Lock and as a Maker, you are funding or supplying a price lock.
πŸ”˜ Taker: Buying a Price Lock
πŸ”˜ Maker: Funding a Price Lock
Here’s a key thing to note: Price Lock does not rely on any oracle, and it is entirely peer-to-peer, which signifies zero protocol risk.
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Why Price Lock Matters:

  • Say goodbye to FOMO: Lock in prices and avoid impulsive buys driven by market fear.
  • Eliminate seller anxiety: Guarantee sales and avoid the stress of waiting for bids.
  • Peace of mind for everyone: Enjoy a transparent and secure experience with locked-in prices and guaranteed transactions. Afterall, it's all about taking control and enjoying the NFT market with confidence:
To learn more about PRICE LOCK by TENSOR, watch the video below: 
Don't forget to use Price Lock by Tensor and make some extra gains for yourself.
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