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NFT Marketplace

Definition

An NFT marketplace is a digital platform facilitating the buying, selling, and minting of non-fungible tokens. These platforms serve as central hubs where creators can list their unique digital assets, such as art, collectibles, or virtual real estate, for sale, and collectors can browse and acquire them. They typically provide tools for creating NFTs, managing digital wallets, and processing blockchain-based transactions securely. NFT marketplaces are essential for the liquidity and accessibility of the non-fungible token economy.