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TEA Project documents
  • TEA Project Intro
    • Litepaper
    • TEA Project Example Use Cases
    • TEA Project's Technical Principles
    • Profitability of TEA Ecosystem Participants
  • User's manual
    • Tea AppStore - Account
    • Tea AppStore-TApps list
    • Tea AppStore - Investments
    • Harberger auction
    • Seeds auction
    • TEA Fluencer
    • Miner's portal
    • Developer's portal
    • Leader board
    • TEA Party
    • Togar3 Game
    • Credit token
    • Metamask connect
    • TApp authorizations
  • Tokens
    • FAQ - Tokens
    • Bonding Curve Tokens
      • Bonding Curve Theta
      • CML Miner Tokens
      • TApp Token Supply & Demand
      • TApp and CML Tokens
      • TApp Tokens
    • CML Tokens
      • CML Transfers
      • CML Seed Auctions
    • TEA Tokens
      • Billing-system-between-layer1-layer2
  • Mining
    • FAQ - Mining
    • Mining: Required Open Ports
    • Mining With AWS Nitro
    • Mining with own hardware is not available on the mainnet (Q1, 2024)
    • Hosting Profitability
    • Remote Attestation
    • State Maintainer Nodes
  • TApps
    • Developers
    • FAQ - TApps
    • Core TApps
    • TApp Creation & Theta
    • TEA Billing
    • TEA Fluencer TApp
  • Mainnet and test net (Epochs)
    • Epoch 2
    • Epoch 3
    • Epoch 4
    • Epoch 5
    • Epoch 6
    • Epoch 7
    • Epoch 8
    • Epoch 9
    • Epoch 10
    • Epoch 11
    • Epoch 12
  • FAQs
    • FAQ - Links
    • FAQ - Technical
    • TEA Governance Structure
    • TEA Security
    • TEA Social Media
    • The TEA Project Core Team
  • Appendix
    • The Future and Innovation of Layer2
    • What Makes a Web3 Application
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  1. User's manual

Seeds auction

Last updated 1 year ago

In the , we provided insights into generating profits through hosting a node. The hosting node requires a CML seed to be planted for operation, and these CML seeds can be obtained through the .

Table columns

  • Detail: Click to view the properties of the CML NFT.

  • CML Key: The unique NFT ID (ERC721).

  • Current Bid: The present price of this seed.

  • High Bidder: The current leading bidder.

  • End Time: The auction concludes at this specified time. Any higher bid will extend this end time. If no higher bid is placed by this time, the current highest bidder secures ownership of the seed.

  • Min Bid Price: A new bid must surpass this minimum price.

  • Status: Designated as "New" if the seed is currently on bid, or "Sold" if the seed has been successfully sold.

  • Sold At: Indicates the time at which the seed was sold.

  • Actions: "Bid" to place a higher bid. After the End Time, the winner gains the option to "Claim" ownership.

Rules

During the bidding period, anyone can offer a bid higher than the Min Bid Price before the specified End Time. Each time a new higher bid is accepted, the End Time is extended by one hour. If no higher offer is placed before the End Time, the current highest bid prevails, securing ownership of the seed.

Become a host node miner section of TEA Profitability document
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Seed Auction