Steps should be Taken While Developing NFT Marketplaces

submitted 2 years ago by heyryanpaul to cryptocurrency

In NFT marketplaces, the two primary activities that take place are minting and trading. During the minting process, you have the ability to convert any digital file (JPEG/MP3/MP4) into an NFT, which can then be safely stored on the blockchain of the marketplace that is hosting the blockchain. After that, these NFTs may be traded in order to make a profit.