Submissions
This is an NFT market place where buyers can pay in dribs and drabs for any Non-fungible token of their choice in as much as it is listed on Bit-NFT-Market place. Bit-NFT-Marketplace is a marketplace where you as a seller can list your erc721 tokens for sale either on cash and carry basis or on installmental basis. It is a platform where buyers can buy NFT in dribs and drabs. sellers sends their nft to the contract using its address and the tokenId where it is secured. At the end of the duration of the sale which is 40 days, the seller gets his ether while the buyer gets his NFT if the buyer defaults, he forfeits 10% of total ether sent(5% to the marketplace and 5% compensation to the seller) then the seller gets back his NFT while the buyer gets back his ether minus 10% of total. If it is an instant sale or on instalment basis, the marketplace receive 5% of the NFT price...
FEEDBACK
This is an NFT market place where buyers can pay in dribs and drabs for any Non-fungible token of their choice in as much as it is listed on Bit-NFT-Market place. Bit-NFT-Marketplace is a marketplace where you as a seller can list your erc721 tokens for sale either on cash and carry basis or on installmental basis. It is a platform where buyers can buy NFT in dribs and drabs. sellers sends their nft to the contract using its address and the tokenId where it is secured. At the end of the duration of the sale which is 40 days, the seller gets his ether while the buyer gets his NFT if the buyer defaults, he forfeits 10% of total ether sent(5% to the marketplace and 5% compensation to the seller) then the seller gets back his NFT while the buyer gets back his ether minus 10% of total. If it is an instant sale or on instalment basis, the marketplace receive 5% of the NFT price...
Thanks a lot @aishatakinyemi for your constructive feedback. Let me start from the last point raised on the modifier canBuyInBits. I have used the amount paid so far by the bit buyer and the amount received by the bit seller as a proxy to check if the token is on bit or not,noting that the bit buyer needs to put in the bit seller's address to buy in bit. I have also implemented the handlePayOut function and merged the buyInBit and the payLastBit function. About the buyerClaimFund function,it is used when the buyer did not fulfil his obligation before the sale time expires. Then he has to pay a penalty fee which will stand as a compensation to the seller whose NFT has been locked for some time,hence the variable name penaltyValue.
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