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Collection/Trait Bidding Tasks
Beni presenting Collection & Trait Bidding Tasks.
Collection Bidding Tasks are used to create automated offers on all tokens of a collection
- Resource-friendly because 1 single offer is covering the whole collection
- Low profit spans on most collections as it's very competitive
Click on the "Bid" (hand) icon to start a collection bidding task.
Collection Trait Bidding Tasks are used to create automated offers on all tokens of a specified collection trait.
- Very profitable strategy
- Research-intensive as profitable traits have to be identified first
- Resource-friendly because 1 single offer is covering the whole collection
- Low profit spans on most collections as it's very competitive
To start a Collection Trait Bidding task, you have to click on the very left icon "traits", which will open the trait overview.
Click on the very left icon to see all traits of a collection.
You can filter for collections that have Collection Trait Bidding enabled on OpenSea.
From the traits overview page, you can start a Trait Bidding by clicking the "bid" (hand) icon.
After creating a Collection Trait Bidding Task, it will appear in the third tab of NFT Butler:
On this screen you will see all your Collection & Collection Trait Bidding Tasks.
You will need to start the Collection Task Engine (on the left side) before bids go through. This is some kind of control feature to make sure your tasks don't run automatically when you restart the application after a long time.
- Green border: means you're having the highest bid(s)
- Yellow border: someone else is having the highest bid(s)
- Red border: there's an error (shouldn't happen)