NFT MARKETPLACE ON DEAL PROTOCOL

WHAT IS AN NFT? WHAT DOES NFT STAND FOR?

🎨Non-fungible token.🎨

“Non-fungible” more or less means that it’s unique and can’t be replaced with something else. For example, a bitcoin is fungible — trade one for another bitcoin, and you’ll have exactly the same thing.

A one-of-a-kind trading card, however, is non-fungible. If you traded it for a different card, you’d have something completely different. You gave up a Squirtle, and got a 1909 T206 Honus Wagner, which StadiumTalk calls “the Mona Lisa of baseball cards.

There are businesses that literally take a design and create a replica for a lower price point. On the flip side, there are businesses that will try deceiving consumers into believing that their version is the original. In this world of NFTs🎨, there cannot be more than one original.

Block chain technology serves as a record-keeping system that assigns unique lines of code; remember? Since this is the case, you can sell the ‘replicas,’ but can’t hold the title
(or the monetary value) of being the first and original. Not only does this promote exclusivity, but it also completely erases the issue of making an investment without being 100% confident that a physical, tangible product is authentic.

While many have the ability to do a quick search and view an NFT 🎨– you would have the ownership of this digital asset and the opportunity to generate more income because of it.

What impact do NFTs🎨 have in the world of finance?

When we think about how technology continues to revamp and shift the world we live in — it definitely has its’ benefits. For example, let’s use luxury handbags

DEAL PROTOCOL NFT MARKETPLACE 🎨

Deal Protocol alongside its iGaming Initiatives a decided to go further length to host a marketplace within our Ecosystem , thus people not only enjoy Lotteries and Jackpots or other iGaming Events but also take time to participate in the creative world of Art using our Ecosystem.

At Deal Protocol , the Kind of NFT marketplace we are building will exhibit the following feautures:

Visually pleasing storefront- Can you imagine any marketplace solution without a nice storefront where everything is in the right place? We can’t. So while developing our own Nft solution we are paying special attention to storefront design. All information about assets for sale should be well organized, so that the users can easily check object description, price, characteristics, and place a bid instantly.

Bidding options- The objects on NFT platforms can be sold using fixed-price or auctioning models. The second one requires the development of a special auctioning mechanism. That mechanism will help to manage biddings efficiently and identify automatically the bid expiration date and current status.

Wallets- Our NFT platform users will need to buy tokens seamlessly. And the easiest way to let them do so is by integrating their existing wallets into our platform. You may add support of MyEtherWallet, Trust Wallet, or any other decentralized Bsc supported wallet by using an API.

🎨Advanced tokens search:

🎨With so many pieces of digital art, users may get confused and even feel lost if they don’t have a chance to search for something that they are looking for. That’s why a great search with a variety of filters is a must-have. We will let our users select token categories, sort them by price, popularity and date.

🎨Token listings:

🎨There are some digital assets that can be sold in a collection. So the users may need an option to organize tokens in the collections and to make various listing where they will specify token properties. This option contributes to better NFTs sales.

🎨Rating system:

To win loyalty of the NFT sellers, it would be great to add ratings optionality. Your NFT marketplace can rate sellers according to the number of successful deals, listings, amount of added valuable tokens, etc. On top of that, We will add a feature to ensure effective communication between the sellers and their buyers. It can be a real-time messenger or some kind of forum where they will discuss tokens. Apart from all great features that it is possible to add, We will also make our NFT platform easy and cheap to use by utilizing the Binance Smart Chain low fees