Workflow OF NFT

NFT (Non-Fungible Tokens) are cryptographic assets on a Blockchain with individual codes and metadata that differentiate them from each other.in simple Words NFTs can represent real world items online On NFT marketplace.

NFT is an ecommerce marketplace for Digital Products. NFT represents Physical arts Online on NFT marketplaces like music, paintings, 3d Models , Collections OF any item etc. 

Workflow OF NFT: -

  1. Seller signs Up:- 

First Seller Sign up on The NFT marketplace.

  1. Seller creates a Crypto wallet: - 

Seller Create a Crypto wallet after the sign up.

  1. Seller Upload a digital art to create NFT;

Seller Upload Their Digital art for Create NFT.

  1. Seller List the Objects on storefront

In This Step Seller Step Seller List Their Object on storefront.

  1. Moderators Publish the objects

And This Step Moderators Publish Seller Object.

  1. The NFT platform executes the transactions 

 IN this step NFT Platform executes the Transactions on NFT Marketplace for Buyers.

  1. Seller Gets Money, Buyers ownership

This is the last Step in this step sellers Get Money and Buyers Ownership.

 

If you want Learn More about how NFT work, we provide Best guide step by step How NFT Works. in India LBM blockchain Solutions is the Best NFT Development Company. We provide Best NFT Development Services to Our Clients.

 

 


Lisha Jain

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