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Lesson 1: Introduction to Trading NFTs

MetaMonarchIX February 27, 2023

NFTs are cryptographically unique tokens that are linked to digital ( and some physical) content, providing proof of ownership.

A. Why do we need an NFT Marketplace?

Basically, the Marketplace is an online platform where users/artists can buy or sell non-fungible art pieces and earn cryptocurrency, e.g. BitCoin.

Non-Fungible Token or NFT marketplace is a marketplace that functions as a public Blockchain platform. However, this platform is gaining traction and driving developers and businesses to construct a marketplace, despite being in its nascent stage.