NSP
Nominal Sale Price
The Nominal Sale Price (NSP) technology transforms collaborative purchasing for consumer goods with 2 sales models. Participants register on the secure platform, where sellers list items, and NSP is calculated as 1/100th of the total sales price or 1/1000th. A bidding mechanism, triggered at the last entry bid of whichever model is chosen and it initiates a randomized drawing, selecting one participant to receive the item. A secure payment system, feedback mechanisms, and robust data security contribute to a transparent, scalable, and engaging collaborative purchasing experience while ensuring legal and regulatory compliance. The NSP technology fosters affordability, inclusivity, and community engagement in acquiring consumer goods.
Register
Create yourself an account to access full benefits of buying or selling.
Reserve
Place your fractional bid on any item. Once the item has received the maximum incremental buys, it will trigger a randomized drwaing.
Drawing
After the maxed bid, a random drawing will determine the winner, and they will be notified by email. Once payment is received and verified, the winner will receive their item.