CryptoBlog n.767
KuCoin Labs, the investment and incubation arm of the KuCoin ecosystem, has officially announced its co-incubation with Republic Capital in BidShop.io, a startup that creates additional liquidity streams for NFT holders. BidShop.io introduces game theory factors into the traditional NFT auction process, which has the effect of creating additional liquidity streams above floor price for holders of non-fungible tokens. On the buyer side of the equation, the solution also allows bidders to acquire rare NFTs at a fraction of the price. In the future, KuCoin Labs will further explore potential and diversified collaborations with BidShop.io to vastly improve the NFT ecosystem.