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What is an NFT marketplace?
What is an NFT marketplace?

Definition of the NFT marketplace

Alex avatar
Written by Alex
Updated over a week ago

An NFT marketplace is a platform where users can buy, sell and trade non-fungible tokens (NFTs). NFTs are a type of digital asset that is unique and cannot be replicated or replaced. They are verified on a blockchain network, a technology that records digital transactions.

NFT marketplaces allow creators to mint their own NFTs, which can be things like digital art, collectible items and even virtual real estate.

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