Create a Post
1
purchase price calculation error after nft bundle auction
I paid 1.74 wax for 2 nfts in a bundle through an auction. When I go to "My Inventory" and check my two purchased NFTs, it shows 1.74 WAX as "Your Purchase Price" for each of them. Instead of taking the purchase price of the whole bundle for each of the NFTs contained in the bundle, I think the purchase price of the NFTs contained in the bundle should be determined in such a way that the purchase price for the whole bundle is weighted proportionally with the respective "Suggested Price" (which is a relatively good indicator for the true current market price) of the NFTs contained in it. In my case I would NOT see 1.74 WAX each for my NFT "frosKey" and "The White Wizard" in "My Inventory" as "Your Purchase Price", but the "Suggested Price" of the NFT "frosKey" is 2.78 WAX and the "Suggested Price" of the NFT "The White Wizard" is 2.56 WAX. Total weight: 2.78 WAX + 2.56 WAX = 5.34 WAX. The proportionate estimated true weight of the auction price for the NFT "frosKey" is then: 2.78 WAX divided by 5.34 WAX = 0.52. Multiplied by the purchase price of the bundle in the amount of 1.74 WAX this results in an imputed purchase price of 0.52 times 1.74 WAX = 0.90 WAX. The proportionate estimated true weight of the auction price for the NFT "The White Wizard" is then: 2.56 WAX divided by 5.34 WAX = 0.48. Multiplied by the purchase price of the bundle in the amount of 1.74 WAX this results in an imputed purchase price of 0.48 times 1.74 WAX = 0.84 WAX. Test: 0.90 WAX + 0.84 WAX = 1.74 WAX. True.
0
Load More