Metaplex Foundation Launches Solana-Based NFT Marketplace

The Metaplex marketplace for NFTs allows artists to create their own stores, similar to Shopify. You can also conduct online auctions, allowing sellers and buyers to negotiate directly without an intermediary.the Metaplex market will hold auctions and sales activities, and all minted NFTs will be stored using Arweave's decentralized storage log, which backs up data at a one-time fee. Creators who use Marketplace can access performance and sales data and make payments. It will be automatic for artists.In terms of infrastructure, Metaplex has partnered with the FTX cryptocurrency exchange to make payments. FTX Pay allows users to purchase digital collectibles using credit cards or cryptocurrencies. Audius music streaming and sharing platform will showcase Metaplex NFT and consist of features that encourage users to buy and sell. The creative partners are musician and producer Andre Allen Anjos, alias RAC; creative studios Street Dreams and CryptoKickers, which is a wearable brand based on NFT, which is used to make custom shoes for the Metaverse virtual 3D environment famous.

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