SudoSwap: Reconceptualizing NFT Trading

Times of market exuberance can often blind investors to the existence of alternative technical solutions. The barrage of investment opportunities that investors are typically bombarded with during these frothy periods suddenly takes center stage, while the striving for streamlined trading infrastructure inevitably takes a backseat. Hunting “the next big thing” can, therefore, quickly interfere with the pursuit of operational excellence.

As the NFT market fell into a collective trance against the backdrop of exploding interest at the beginning of the year, mesmerized traders took the current generation of NFT marketplaces for granted, not exploring perhaps more efficient protocol design paths. In parallel with this negligence to expand into uncharted territory, the progressing convergence between NFTs and DeFi has unlocked a wealth of experiments sketching out ideas through the combination of concepts from both domains to tackle some of the thorniest problems nagging the space.