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About MONKI NETWORK
1-In a future world devastated by centralization, a MONKI named Pager is sent back to 2021 to gather information about the centralization that wiped out most of the human passion and social equality on the planet. With two Neuralinks implanted in the motor cortex area of his brain, Pager begins his legendary life by playing Pong with his mind.
2-MonkiSwap is going to be launched at LATE MAY.
3-BANANA NFT is an off-chain platform that allows individual buyers and sellers to easily trade with collectibles(NFTs) without having previous experience.
The glittering of BANANA NFT is that it will provide a new auction mechanism for global bidders. MONKI has developed an auction bidding mechanism based on the "simultaneous upward bidding theory" (i.e., synchronous multi-round auction theory, SMRA) which is proposed by Paul Milgram, winner of the Nobel Prize in economics in 2020.
Each bid will provide several rounds of quotation, the quotation can be repeated. After bidder finalized the price, the algorithm will choose the highest price and regard it as the initial price of the second round auction, and then the second round quotation begins. If price makes a new high, the bidding ends. Otherwise the bidding will continue as usual until there is no new high price.
The BANANA platform will become a brand new market for small and micro auction enthusiasts in the world.