# System Overview

Beramarket technical design is driven by two tenets:\
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1\) **General marketplace features** like buying, listing, selling, sweeping, bridging, and NFT aggregation offer important value and allow for a free market around creativity to grow on any chain.\
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2\) Smart contracts can allow **gamified liquidity provision**, creating **autonomous free markets** that grow perpetual price floor liquidity for NFTs.\
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Our liquidity concept is originally inspired by the paper [*Intrinsic Value for Digital Content & the Perpetual Price Floor Liquidity Mechanism, by Carlo Acutis.* ](https://beramarket.gitbook.io/beramarket-wiki/introducing-beramarket/intrinsic-value-for-digital-content-and-the-perpetual-price-floor-liquidity-mechanism)The smart contracts and mechanism design are modeled after the technical paper [*NFT Treasury and Liquidity Concept (NTLC), by Indigo and FullyAllocated*](https://hackmd.io/@ind-igo/ntlc?utm_source=preview-mode\&utm_medium=rec)[*.* ](https://beramarket.gitbook.io/beramarket-wiki/introducing-beramarket/nft-treasury-and-liquidity-concept-ntlc)\
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The authors of the above documents have drawn inspiration from each other, as well as protocol owned liquidity models like OlympusDAO, Baseline Markets, among others. The authors are not affiliated with Beramarket. \
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The Beramarket backing contracts were originally written by[ JeffX (OlympusDAO, HyacinthAudits)](https://x.com/JeffExtor), with development contributions from [*WraithWorks*](https://x.com/WraithWorksCo), [*Miyamaker*](https://x.com/miyamaker2), and other independent developers. \
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Frontend is NextJS/React\
Database is Postgres\
REST API NodeJS/Fastify                                                                                                                                       Contracts are Solidity with Hardhat/Foundry\
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Audits: \
[-HyacinthAudits 10/11/23](https://twitter.com/HyacinthAudits/status/1712109299843965322) Backing Contracts\ <br>

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