⚒️Caboz Tool
Utility alone is the cause of value, and here is the tool that will be available very soon named as CABOZ.
CABOZ allows users to place Multiple Limit Orders (MLO) on every collection with the same bag of cash. In addition, users can also specify attributes and rarity parameters. As the process is quite simple, the user goes to the CABOZ dashboard, selects the collection, defines their purchasing zone, locks the money including any fees and the NFT has immediately sniped once it reaches the price specified by the user. Additionally, We're establishing a market dedicated exclusively to buyers, which we called the Buyers market. Furthermore, CABOZ comes with a fairly new solution called Ceiling Price (CP).
Key Points:
CEILING PRICE (CP): You read it right. The ceiling Price is the highest zone where buyers are willing to acquire any certain collection, essentially the zone where liquidity can be found. It is quite similar to the Floor Price (FP) which indicates the sellers' lowest zone where they are willing to sell. MULTIPLE LIMIT ORDERS (MLO): This allows buyers to create as many limit orders as they like with the same bag of cash, but if any of the orders is executed, the other orders are deactivated until more funds are placed. BUYER'S MARKET: Users of CABOZ are able to access all active buy orders for every collection and can trade directly with any order that they deem appropriate. Better than OTC trade :) TECHNICAL ANALYSIS (TA): Tradingview integrated charts to include a technical analysis feature where you can draw patterns, lines, and locate resistance and support zones allowing you to create multiple limit orders near the support of the collection. SAFE AND SECURE: Upon deposit, all funds will be locked in a smart contract and released only upon completion of the order, and in the event that the order is canceled, the deposited funds will be returned to the wallet within a few seconds. There is no need to worry, we have top-notch security in place for you. COST-EFFECTIVE: Since the fees are to be charged once the orders are executed, you can deploy as many limit orders as you want, and the Caboz fees are structured as follows:
| Requirements | Fees |
|---|---|
Non-holders | 2.5% |
Partners | 1.875% |
Holders | 1.75% |
NO PANIC: During market downturns, sellers want to get out of the market as soon as possible, so they keep listing at lower prices, resulting in floor collapse. But in CABOZ, if a user wants to sell immediately and the price is favorable to him, he can sell at CEILING PRICE (CP).
CABOZ is our primary utility and we've planned to begin CABOZ's development and publish the previews before the mint.
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