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  5. What are NFT Marketplaces?

What are NFT Marketplaces?

NFT marketplaces, as the name indicates, are platforms that allow the trading of NFTs. They are digital platforms where NFTs can be stored, displayed, traded, and, in many cases, created. The structure of NFT marketplaces is similar to that of e-commerce platforms like eBay and Amazon. On eBay, for instance, various items are listed by sellers. Buyers go through the various available option and can decide to buy one. This is the same way NFT marketplaces work, only that this time, the items are exclusively NFTs.

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