Example

A buyer is convinced that DeGods NFT price will increase after the roadmap v2.0 reveal. He doesn’t have enough liquidity to spend 375 SOL in a DeGod NFT right now but wants to benefit from his market read. He’s listing a new offer on Anture website including the following parameters.

• Option type: Call

• Underlying asset: DeGod NFT

• Strike price: 375 SOL

• Expiration: 30 days

• Premium: 37.5 SOL

• Collateral: Underlying NFT (DeGod NFT)

• Payoff: Underlying NFT (DeGod NFT)

Once the buyer has listed his option on Anture website, other users (potential sellers) are able to make counter offers to challenge the parameters of the option (negotiating the strike price, the expiration, the premium, the collateral or even the payoff).

Once both the buyer and a seller have agreed on the option’s terms, a NFT is generated directly from Anture website to materialize the option contract. This NFT can be listed on secondary markets and will be burnt upon the call option activation by the owner or when the expiration date is reached.