An NFT Marketplace is a specialized platform where users can buy, sell, and exchange NFTs, unlike traditional trading platforms that deal with fungible assets like stocks or cryptocurrencies. NFT trading platforms focus on unique digital assets, representing ownership of digital art, collectibles, virtual real estate, and more.
NFTs are indivisible and carry distinct attributes, making each token one-of-a-kind and verifiable on the blockchain. This key difference from traditional trading platforms allows NFT enthusiasts, artists, and collectors to participate in a novel and decentralized ecosystem where ownership and provenance of digital assets are transparently recorded and immutable.
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