Foundation · interactive mechanism simulation

First qualifying bid triggers a 24-hour countdown; bids in the final 15 minutes extend it by 15 more (compressed here for demo). Winner settles onchain — 15% platform fee, 10% creator royalty on resale.
Artist invite-gated mint FND contract reserve 1.0 ETH Auction idle Bidders 0.0 ETH high bid Escrow settle onchain, auto-refund Platform fee 15% Creator royalty 10% on resale
Auctions run
0
Primary sales volume
0.0 ETH
Platform revenue
0.0 ETH
Cycle volume (demand regime)
peak
Parameters — edit me
1.0 ETH
5
15%
3/min
Controls

Illustrative simulation. Defaults mirror Foundation's researched mechanism (24h reserve auctions with 15-minute anti-snipe extensions, 15% platform fee, 10% creator resale royalty, onchain escrow with auto-refund) but bid sizes and timing are randomized and compressed for visualization — not live onchain data. "Trigger 2022 demand collapse" simulates the post-boom volume crash that emptied the auction house. Part of The Onchain Experiment Atlas.