How does it work?

DoubleWeb3 NFT option platform consists of an off-chain order book and an on-chain collateralize / settlement layer.

By introducing the pre-signed offer, it allows buyer to send an offer without paying gas.

There are 4 actions you can take on our platform:

1. long call (buying a call Option, paying the premium)

2. short call (selling a call Option, earning the premium)

3. long put (buying a put Option, paying the premium)

4. short put (buying a put Option, earning the premium)

In order to buy an option, you can purchase the available contract or put up an offer. It works like opensea offers. You will need to authorize doublweb3 to use your WETH access to put on an offer. (putting on an offer doesn’t require gas)

If you want to sell an option, you can accept an existing offer. Or you can open a contract by staking an NFT with your desired strike price, premium, and duration. You can always modify the settings according to the market situation.

You can take a look at our demo video.