Our NFT marketplace comes with a simple registration process followed by a stringent KYC/ AML verification process to regulate the credibility of the users in the platform. On registering, an Ethereum-based wallet like MetaMask of the user is linked to it.
This process is similar to uploading an image on a social media platform. The user mints their digital art collectible into an NFT and is stored on the public ledger. This process may take somewhere around thirty minutes.
Going For Auction
On tokenizing an asset, the user enlists it for auction. The minimum bidding price, the closing amount, the royalty percentage, and other factors are determined by the owner of the Non-Fungible Token (NFT)
The users start bidding prices on the non-fungible token based on their interests. The prices may skyrocket at times. With NFTs, booming prices are never a surprise.