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During DeCipher, Al Goanna completed their final public release with a charity auction. The auction featured the final 6 pieces from this breakout NFT series including a homage to Algorand founder, Silvio Micali.
The two rarest pieces in the collection each sold for in excess of 20,000A each with 100% of the sale being pledged to the tree planting initiative that Al Goanna has pioneered. This will see their total increase to over 70,000 trees planted during the project, an incredible achievement that will have a significant real world impact. A third Goanna inspired by the popular 1980’s TV show Miami Vice which is set to reboot in 2022, was also auctioned off raising 6,900A for Florida environmental charity, Everglades Foundation.
The auction was run on a unique platform created by the team at Exa Finance.
“With the rare pieces within the final collection going directly to planting trees and environmental causes, we wanted to use a traditional auction. Currently, the existing NFT marketplaces offer limited functionality to deliver a solid auction platform. So we reached out to the team at Exa Finance who were able to create a custom solution specifically for this event,” says Al Goanna project lead, Benji.
This gave a unique preview to the upcoming Exa Finance marketplace that is currently scheduled for mainnet release in Q1 2022. An intuitive user experience saw a high volume of users from around the globe successfully participate in the auction and it received widespread acclaim for those who took the opportunity to interact with the application.
“For the team at Exa Finance, this was an exciting opportunity to work with Al Goanna and showcase our platform to the Algorand community. We are continuing to deliver improvements to the platform ahead of our upcoming mainnet launch,” says Ted Nivan, Exa Finance CEO.
EXA Finance is a Peer-to-Peer Multi-Asset Exchange for Fungible and Non-Fungible Tokens (NFTs). Usually, on DEXes and NFT Marketplaces, users can trade one asset at a time, but within EXA Finance, users will be able to trade multiple assets at once. Baskets of assets can be created and those assets can be both FTs and NFTs. In addition to that, it will be possible to accept payments in either ALGO or any Algorand Standard Asset (ASA). NFT creators will be able to drop collections and also earn passive income through a royalty system.
Currently on testnet, the platform is set to launch on mainnet in Q1 2022 with a smart contract audit by Runtime Verification. Following that, the governance token will be released for the community to vote on protocol upgrades and receive a fee discount within the application. Founded by a French team, EXA Finance is on a mission to bring continuous innovation into the Algorand ecosystem.
