📊NFT Marketplace

Coming Soon on Sinfonia

An NFT marketplace is a platform where creators can sell their NFTs, and buyers can purchase them using cryptocurrency. These marketplaces provide a space for creators to showcase and sell their NFTs to a global audience, while buyers have access to a wide variety of unique and rare digital collectibles.

The marketplace typically allows creators to set the price and terms of sale for their NFTs, and buyers can place bids or purchase the NFT outright. The transactions are secured using blockchain technology, providing a transparent and secure platform for both parties.

Therefore, Sinfonia NFT marketplace is the platform where NFTs can be listed, stored, displayed or traded. These marketplace is to NFTs what Amazon or eBay are to goods.

In order to access and use the marketplaces, you will need to have the following:

• A bitsong wallet

• An amount of BTSGs in the wallet: You will need to pre-fund your wallet with BTSG before buying, listing or minting an NFT.

In the perfect blockchain ideology, BitSong/Sinfonia will never ask for a registration via email and password to any of its services, but the only way to interact with them is by connecting a bitsong wallet to those services. It’s worth noting that, for the most part, listing and creating NFTs on the marketplace platform incurs a bitsong blockchain network fee, which is in any case very low.

Buying an NFT

NFTs are usually purchased directly for a fixed price or through an auction. In some cases, prospective buyers can submit offers to the owner and attempt to negotiate a better price.

Selling an NFT

Selling unique digital assets can be a more technically complicated process than buying them, particularly if the user is attempting to sell something they have created themselves (artwork, a soundtrack, merchandise etc.).