Definition ∞ A resale market is a secondary marketplace where previously owned or acquired goods, services, or digital assets are traded between individuals or entities. In the context of non-fungible tokens, these platforms allow collectors to buy and sell digital collectibles after their initial distribution. This market provides liquidity for unique digital assets. It enables price discovery beyond the primary sale.
Context ∞ The volume and activity within NFT resale markets are closely watched indicators of digital collectible interest and value. This market directly influences artist royalties and platform fees across various blockchain ecosystems. Understanding its dynamics is crucial for assessing the health and maturity of the NFT space.
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