NFT marketplaces are blockchain-based platforms that allow artists and designers to sell their creations. Enthusiasts can bid on these NFTs during the time range stated by the vendor, with the highest bidder receiving the artwork.
The platform charges the seller a tiny fee known as gas fees/energy costs while making the deal, and the blockchain may charge the buyer a minor transaction fee. When the payment is made in the platform's native cryptocurrency, the owner receives an NFT token with their own data encoded in it.
The NFT can be used to track down the artwork's first owner and even the author. It is constantly updated when the owner of the NFT changes.
Some of the best known NFT marketplaces are:
Beyondlife.club, Opensea, Rarible, Foundation, etc.
