6.2. NFT Marketplace
Last updated
Last updated
Marketplace will use smart contracts to auction and trade various NFT assets. This open marketplace for NFT creators and content developers enables the free trade of assets and content within the platform between platform users. An additional benefit of the marketplace is that the economic principles of supply and demand are automatically integrated into the system, allowing all assets available in the replica to determine fair prices. But the real strength of the marketplace is that the creators of these assets and content can generate real revenue value through REPL and LICA.
Assets and content tokens in our marketplace need some information such as the following to be displayed correctly as products available for sale.
● Name and Genre: Name and Genre are essential to better identify assets and content being sold and to enable potential buyers to locate assets and content in the marketplace.
● Description: This description helps authors add specifications, such as size, model, and potential uses, or attach brief virtual knowledge to assets.
● Thumbnail: Marketplace lets you take advantage of multiple thumbnail images of assets and content to show your true self. It also supports the automatic creation of thumbnails for creators in the NFT editor.
● Price: Creators have complete control over the market price of assets and content. This price should be based on REPL.
● Value: The SKILL & ABILITY system allows creators to define rarity, scarcity, and attributes.
Assets and content that meet these requirements will be displayed correctly in the marketplace and made available to players.
