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Introduction
Welcome to the official documentation for the MysticSwap ecosystem
The NFT space has grown astronomically over the past few months. Unfortunately, with that growth has come a wave of scammers and players looking to take advantage of the freedom that web3 brings.
We started seeing a pattern, and felt something was lacking: the ability to easily and safely trade NFT collections peer-to-peer (P2P). We felt that a beginner-friendly Over-The-Counter (OTC) platform was needed.
More than that, it became apparent that what the community wanted was to negotiate freely with their peers. This is the reason why most, if not all NFT collections have Discord channels for over-the-counter (OTC) trades.
The current experience when doing OTC trades is terrible. You have to manually look for people, only to find yourself doing peer-to-peer trading on exchanges not built for it. A lot of time wasted, a lot of uncertainty.
On the other hand, using public escrows comes with the problem of security - there are a lot of scams and unsafe platforms out there. It is easy to be fooled and accidentally end up losing your assets.
To top this all off, OTC trading is basically "the black market" for creators, since these trades don't count as sales and thus cannot be monetized via royalties.
Seems obvious we need a better solution.
And that is why we've created MysticSwap, the safest way to trade NFTs & tokens OTC. We enable you to meet your counterparties, as well as to propose, negotiate and execute your trades all in-app.
For NFT projects - partner with us to monetize your OTC trading for the very first time. We want to see you thrive, as we realize the space doesn't exist without creators.
Last modified 5mo ago