Revolutionary RBX Launches P2P Collection Features Empowering Self-Custody Marketplaces

"ReserveBlock RBX Introduces Revolutionary Peer-to-Peer Auction and Collection Features for Tokenization of Assets"

ReserveBlock RBX, a decentralized layer one protocol that allows for the tokenization of assets, has launched its peer-to-peer auction and collection features in its RBX core wallet. This new feature enables any creator, owner, or issuer to create self-custody marketplaces without third-party intervention. With the new RBX features, users can publish auctions or self-hosted stores on-chain and on social media platforms.

The asset collections are broadcasted over the RBX network, and the auction and store originators can utilize a real-time chat feature directly with traders within the wallet. The RBX native auction engine enforces bid fulfillment and “buy now” transactions automatically on-chain with a transparent bid and transaction history.

Notably, the RBX network is fully autonomous, decentralized, and governed by validators through on-chain voting. RBX SENs (self-executing NFT smart contracts) can be deployed natively with peer-to-peer transferring of the underlying media and files associated with any NFT and through a non-custodial core wallet without any third-party application.

The RBX core wallet requires a fee of 10 RBX for publishing, which is burned at the time of the transaction. The network is gasless, with no lockups or holding periods, and gives zero weight to a user’s balance. Additional features and improvements by the community are expected in future releases, with the RBX auction engine being activated in the web wallet by the middle of the week ahead.

According to official documentation, RBX aims to democratize mining without the burdens and frictions of Proof of Work (PoW) or Proof of Stake (PoS). It offers a liquid Proof of Assurance (PoA) consensus while earning randomized block rewards in a carbon-neutral environment such as a laptop machine with at-will participation. Its engine is open to any authority providing on-chain solutions for royalty enforcement, multi-asset utility, and solving media transfer and ownership for issuer communities.

The release of ReserveBlock RBX’s peer-to-peer auction and collection features is a significant milestone in the world of decentralized finance. The new features allow any creator, owner, or issuer to create self-custody marketplaces without third-party intervention. This means that users can publish auctions or self-hosted stores on-chain and on social media platforms.

The RBX network is fully autonomous, decentralized, and governed by validators through on-chain voting. This ensures that the network is transparent, secure, and free from third-party intervention. RBX SENs (self-executing NFT smart contracts) can be deployed natively with peer-to-peer transferring of the underlying media and files associated with any NFT and through a non-custodial core wallet without any third-party application.

The RBX core wallet requires a fee of 10 RBX for publishing, which is burned at the time of the transaction. The network is gasless, with no lockups or holding periods, and gives zero weight to a user’s balance. This ensures that the network is accessible to everyone and that there are no barriers to entry.

RBX aims to democratize mining without the burdens and frictions of Proof of Work (PoW) or Proof of Stake (PoS). It offers a liquid Proof of Assurance (PoA) consensus while earning randomized block rewards in a carbon-neutral environment such as a laptop machine with at-will participation. Its engine is open to any authority providing on-chain solutions for royalty enforcement, multi-asset utility, and solving media transfer and ownership for issuer communities.

Overall, the release of RBX’s peer-to-peer auction and collection features is a significant development in the world of decentralized finance. The new features enable users to create self-custody marketplaces without third-party intervention and ensure that the network is transparent, secure, and accessible to everyone. With additional features and improvements expected in future releases, RBX is set to become a major player in the world of decentralized finance.

Martin Reid

Martin Reid

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