Open your NFT that has yet to be auctioned by clicking on the 'View' button under the desired NFT.
You will be navigated to your NFT details page, here you can set the auction details for your NFT.
Click on the 'Auction' button to start the auctioning process.
Set the Reserve Price that you would like the minimum price to auction your NFT.
Please note that you will be auctioning your NFT on the Polygon (MATIC) Token.
Consider how much your NFT is worth and set the reserve price in the 'Reserve Price field'
Your Wallet should be pre-populated from your MetaMask account.
Please be aware that you have full control on when your auction will expire.
Select the date for when you would like your auction to expire, otherwise, there will be another gas cost to update the auction.
Just like when you Minted (Created) your NFT, you have to make a small payment for Gas costs, this does not go to LoveMyNFT.com, this is sent to the Blockchain Miners that would confirm the scaling into the Blockchain.
These Gas costs would vary from 0.004 - 0.0124 MATIC (it can cost more).
Once you have read the MetaMask details and happy to proceed, click on the 'Confirm' button to proceed.
PLEASE DO NOT REFRESH OR LEAVE THE BROWSER.
This step is very important, we are updating the information on the Blockchain and updating the information of your NFT to display the value that you have set for the NFT (reserved price you want to auction your NFT).
It can take up to 20 minutes (sometimes longer), it all depends on how busy the Polygon Network is. The faster your internet connection can sometimes speed-up the process.
You have now updated your NFT with a reserved price for your NFT auction, and can now copy the URL address and promote your NFT on Social Media.
Please note, your customers will need a MetaMask account and Polygon (MATIC) to purchase your NFT.
Please inform your customers how to create a MetaMask account by sharing to this page.