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Building An Advanced NFT (Non-Fungible Tokens) Marketplace

3 years ago

ID: #790843

Business Description

NFTs, unlike Bitcoin, Litecoin, Ether, and other fungible tokens, cannot be exchanged directly; instead, they must be exchanged through a dedicated platform. NFT Marketplaces are the names given to these unique platforms. These markets are a decentralized platform where Non-Fungible Tokens may be bought and sold. The platform’s digital assets can be purchased at a preset price or through an auction. To complete transactions, the majority of marketplaces need buyers and sellers to have an electronic wallet. There are several sorts of markets; some are more exclusive, while the majority of markets are focused on the creation and sale of art.

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