Splinterlands card liquidity SC proposal

Intro

A market is composed of "price takers" and "market makers". Currently there is no possibility to build a true market for cards because you cannot place buy orders natively (only in peakmonsters 3rd party service yet you need to grant "purchase_permission".).

Basically, the goal is to make card markets more liquid.

How? By converting NFTs to tokens. (the reverse process should be integrated as well).

The premise is "all level-1 Zaku cards are fungible" (change Zaku for any other card).

The smart contract would tokenise level-1 cards so that they can be traded in bulk with order books on hive-engine.

Benefits over bidding system in peakmonster

• Permissionless
• More traders. Higher volumes.
• Native implementation. Orders will be visible directly in the hive-engine sidechain.
• More appropriate UI with candle and deph charts for traders
• Possibility to trade cards at 0% fee (the 5% fee only applies when exchanging a card in NFT format. Once the NFT is converted to a token, can be traded at zero cost)

TLDR

I would like to ask permission to build a new smart contract for hive-engine.

Opinions are welcome. Do not forget to vote https://feedback.splinterlands.com/346

Thanks in advance