diff --git a/Cargo.lock b/Cargo.lock
index 44113772..cbf666b6 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -712,6 +712,20 @@ dependencies = [
  "soroban-sdk",
 ]
 
+[[package]]
+name = "phoenix-nft-auctions"
+version = "1.0.0"
+dependencies = [
+ "soroban-sdk",
+]
+
+[[package]]
+name = "phoenix-nft-collections"
+version = "1.0.0"
+dependencies = [
+ "soroban-sdk",
+]
+
 [[package]]
 name = "pkcs8"
 version = "0.10.2"
diff --git a/contracts/auctions/Cargo.toml b/contracts/auctions/Cargo.toml
new file mode 100644
index 00000000..8a08a19b
--- /dev/null
+++ b/contracts/auctions/Cargo.toml
@@ -0,0 +1,19 @@
+[package]
+name = "phoenix-nft-auctions"
+version = { workspace = true }
+authors = ["Jakub <jakub@moonbite.space>"]
+repository = { workspace = true }
+edition = { workspace = true }
+license = { workspace = true }
+
+[lib]
+crate-type = ["cdylib"]
+
+[features]
+testutils = ["soroban-sdk/testutils"]
+
+[dependencies]
+soroban-sdk = { workspace = true }
+
+[dev_dependencies]
+soroban-sdk = { workspace = true, features = ["testutils"] }
diff --git a/contracts/auctions/Makefile b/contracts/auctions/Makefile
new file mode 100644
index 00000000..1e1e69be
--- /dev/null
+++ b/contracts/auctions/Makefile
@@ -0,0 +1,20 @@
+default: all
+
+all: lint build test
+
+test: build # because of token dependency
+	cargo test
+
+build:
+	cargo build --target wasm32-unknown-unknown --release
+
+lint: fmt clippy
+
+fmt:
+	cargo fmt --all
+
+clippy: build
+	cargo clippy --all-targets -- -D warnings
+
+clean:
+	cargo clean
diff --git a/contracts/auctions/src/lib.rs b/contracts/auctions/src/lib.rs
new file mode 100644
index 00000000..8802cd3c
--- /dev/null
+++ b/contracts/auctions/src/lib.rs
@@ -0,0 +1,82 @@
+#![no_std]
+
+use soroban_sdk::{contract, Address, BytesN, Env, Vec};
+
+#[derive(Clone)]
+pub struct Auction {
+    pub id: u64,
+    pub item_address: Address, // Can be an NFT contract address or a collection contract address
+    pub seller: Address,
+    pub highest_bid: u64,
+    pub highest_bidder: Address,
+    pub buy_now_price: u64,
+    pub end_time: u64,
+    pub status: AuctionStatus,
+}
+
+#[derive(Clone, PartialEq)]
+pub enum AuctionStatus {
+    Active,
+    Ended,
+    Cancelled,
+}
+
+#[contract]
+pub struct MarketplaceContract;
+
+#[contractimpl]
+impl MarketplaceContract {
+    fn generate_auction_id(env: &Env) -> u64 {
+        todo!()
+    }
+
+    pub fn create_auction(
+        env: Env,
+        item_address: Address,
+        seller: Address,
+        buy_now_price: u64,
+        duration: u64,
+    ) -> Auction {
+        todo!()
+    }
+
+    pub fn place_bid(env: Env, auction_id: u64, bidder: Address, bid_amount: u64) {
+        todo!()
+    }
+
+    pub fn finalize_auction(env: Env, auction_id: u64) {
+        todo!()
+    }
+
+    pub fn buy_now(env: Env, auction_id: u64, buyer: Address) {
+        todo!()
+    }
+
+    fn distribute_funds(env: Env, auction: Auction) {
+        todo!()
+    }
+
+    pub fn pause(env: Env) {
+        todo!()
+    }
+
+    pub fn unpause(env: Env) {
+        todo!()
+    }
+
+    pub fn get_auction(env: Env, auction_id: u64) -> Auction {
+        todo!()
+    }
+
+    pub fn get_active_auctions(env: Env) -> Vec<Auction> {
+        todo!()
+    }
+
+    pub fn get_auctions_by_seller(env: Env, seller: Address) -> Vec<Auction> {
+        todo!()
+    }
+
+    pub fn get_highest_bid(env: Env, auction_id: u64) -> (u64, Address) {
+        todo!()
+    }
+}
diff --git a/contracts/collections/Cargo.toml b/contracts/collections/Cargo.toml
new file mode 100644
index 00000000..f1f64bf5
--- /dev/null
+++ b/contracts/collections/Cargo.toml
@@ -0,0 +1,19 @@
+[package]
+name = "phoenix-nft-collections"
+version = { workspace = true }
+authors = ["Jakub <jakub@moonbite.space>"]
+repository = { workspace = true }
+edition = { workspace = true }
+license = { workspace = true }
+
+[lib]
+crate-type = ["cdylib"]
+
+[features]
+testutils = ["soroban-sdk/testutils"]
+
+[dependencies]
+soroban-sdk = { workspace = true }
+
+[dev_dependencies]
+soroban-sdk = { workspace = true, features = ["testutils"] }
diff --git a/contracts/collections/Makefile b/contracts/collections/Makefile
new file mode 100644
index 00000000..1e1e69be
--- /dev/null
+++ b/contracts/collections/Makefile
@@ -0,0 +1,20 @@
+default: all
+
+all: lint build test
+
+test: build # because of token dependency
+	cargo test
+
+build:
+	cargo build --target wasm32-unknown-unknown --release
+
+lint: fmt clippy
+
+fmt:
+	cargo fmt --all
+
+clippy: build
+	cargo clippy --all-targets -- -D warnings
+
+clean:
+	cargo clean
diff --git a/contracts/collections/src/lib.rs b/contracts/collections/src/lib.rs
new file mode 100644
index 00000000..85b33ae1
--- /dev/null
+++ b/contracts/collections/src/lib.rs
@@ -0,0 +1,43 @@
+#![no_std]
+
+use soroban_sdk::{contract, contractimpl, contracttype, Address, Env, Symbol, Vec};
+
+#[derive(Clone)]
+#[contracttype]
+pub struct Collection {
+    pub id: u64,
+    pub name: Symbol,
+    pub description: Symbol,
+    pub creator: Address,
+    pub nft_contracts: Vec<Address>, // List of NFT contract addresses
+}
+
+#[contract]
+pub struct CollectionContract;
+
+#[contractimpl]
+impl CollectionContract {
+    fn generate_id(env: &Env) -> u64 {
+        todo!()
+    }
+
+    pub fn initialize(env: Env, name: Symbol, description: Symbol, creator: Address) -> Collection {
+        todo!()
+    }
+
+    pub fn add_nft(env: Env, collection_id: u64, nft_contract_address: Address) {
+        todo!()
+    }
+
+    pub fn remove_nft(env: Env, collection_id: u64, nft_contract_address: Address) {
+        todo!()
+    }
+
+    pub fn get_details(env: Env, collection_id: u64) -> Collection {
+        todo!()
+    }
+
+    pub fn get_nfts(env: Env, collection_id: u64) -> Vec<Address> {
+        todo!()
+    }
+}
diff --git a/contracts/nft/src/lib.rs b/contracts/nft/src/lib.rs
index 5fc9f6d3..63567659 100644
--- a/contracts/nft/src/lib.rs
+++ b/contracts/nft/src/lib.rs
@@ -1,11 +1,3 @@
 #![no_std]
 
-// mod admin;
-// mod approval;
-// mod balance;
-mod contract;
-// mod event;
-mod interface;
-// mod metadata;
-// mod owner;
-mod storage_types;
+use soroban_sdk::{contract, Address, Bytes, Env, Symbol, Vec};