Building Live Auction Platform For Digital Art-Build An NFT Marketplace Like Foundation

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 Build an NFT Marketplace like Foundation is like building a live auction platform for digital art and NFTs on the NFT Marketplace. The artwork creators sell the digital assets through live auctions. Live bidding for various artworks, including the Edward Snowden NFT (journalism), is available on the platform.

NFT Marketplace Like Foundation

Features of Foundation


✔ Minting


The organization assists artists in creating blockchain-based digital assets. However, the process through which a digital asset/NFT becomes a part of the Ethereum blockchain is known as minting. As a result, the NFT may become tamper-proof, and the assets will be unmodifiable.


✔ Search and filters


The Foundation has a search feature that allows us to look for specific producers and collectors. Moreover, you can even use this tool to search for an artwork you are interested in. Also, there's a display of top collectors and creators with the Explore tab, which will be sorted according to different periods.


✔ Auctions


The creator can list it on a marketplace when the NFTs are issued. However, the marketplace operates based on an auction. Also, with the auction starting soon after the first offer is placed, the auction will not begin if none of them places a bid. In such a situation, the developer can change the price of NFTs, but it will result in gas taxes.


✔ Profile of the Author


As soon as a foundation developer creates an account on Foundation, a passionate profile is built for them. However, this profile will showcase the profile photo and their social media links, making it easier for them to gain followers. 


✔ Decentralized Storage


The most important fact is that its decentralized nature is the strongest selling factor. Moreover, one server does not control the entire ecosystem, it employs a decentralized peer-to-peer network, which improves efficiency, speed, and security, as well as lowers the operation's value.


"Build an NFT Marketplace Like Foundation with a top-tier development company's assistance."

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