▪️Selling NFT's

Selling NFTs

Create a Sales Listing: Users who own NFTs can select the NFT they wish to sell and create a sales listing on the marketplace. Users need to enter a sale price and can choose to set up an auction.

Sales Settings: Users can set a fixed price or opt for an auction format for selling. When setting up an auction, users need to define the starting bid, auction duration, and any bid increments.

Post and Manage: Once posted, other users can see the listing and make purchases or bids. Sellers can check the current bidding status at any time and can choose to end the auction or accept a satisfactory offer.

Transaction Completion: Once an NFT is purchased, the system automatically deducts the corresponding funds from the buyer's account and transfers them to the seller. At the same time, the ownership of the NFT is transferred to the buyer's account, and all these operations are automatically performed through smart contracts, ensuring the fairness and security of the transaction.