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NewsBTC 2021-12-08 11:19:56

Learn About the Most Important NFT Black Market Today

The NFT market continues to boom and with it the emergence of many sectors such as investment games, digital art, music, among many others to position itself as the most attractive market today, and we get to place a value on each element that we can see on the screen. Today we show you the core of a platform created to favor the trading of NFTs in a decentralized way using the latest blockchain technology and the use of cryptocurrencies as a form of payment. Without further ado, let’s get to it. What is NFT Black Market and how does it work? Through the use of smart contracts, NFT Black Market operates as a decentralized trading platform. which allows the execution of transactions in a secure environment so that each party can receive what it deserves, this is due to the ledger of transactions that the blockchain offers to avoid the alteration of each element in the network and thus allow each piece to be genuine and immutable. And that is precisely what the NFT world is all about since by its acronym it stands for “non-fungible token” which basically means that it cannot be modified in quality or quantity and is only held by one person at a time. This creates scarcity in the market as each token is unique with a distinctive code that allows it to be traded appropriately among the different wallets in the network. Does NFT Black Market support multiple blockchains? Currently, the platform only allows the use...

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