What are the benefits of the NFT marketplace?

submitted 2 years ago by MathewWade1324 to cryptocurrency

Since marketplaces receive a cut of each transaction, creating an NFT marketplace is a profitable business. Finding a market niche and a target demographic is simple because your marketplace can concentrate on any type of tokens, from music to virtual characters. Creators can sell and share their works and buyers can get digital assets easily. So the marketplace earns a profit for assisting with the process.