LiquidFactory.io to launch privacy network auction-style NFT marketplace
KuCoin Labs, the investment and incubation arm of the KuCoin ecosystem, has announced its co-lead investment in LiquidFactory.io, a startup that is building a privacy network with native encrypted cross-chain communication.
LiquidFactory.io’s first product, BIDSHOP.io, is an NFT auction-style marketplace that introduces game theory elements into the traditional NFT auction process. Bidders on the platform will be able to hide their bids from others in a decentralized and trustless manner using the platform’s encryption layer — allowing for additional liquidity streams for NFTs.
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