- -GamesPad, which is known for having the world’s first holistic game, NFT, and metaverse ecosystem, comes to the fore with the innovation it has created in the NFT market.
- -The GameFi ecosystem is starting its reveal, ready to launch some of its own NFT collections.
In the first quarter of 2022, with the total market value of some NFT projects increasing at a high rate, many institutions have turned to this area. That’s why the entire market grew by 300% last year. Some NFTs may sell instantly, while many NFTs may take a long time to sell. But it also turns out that some NFTs are seen in sales for a value of almost 70 million.
- -NFT trading proceeds through private markets. That’s why GamesPad decided to create a platform to offer more possibilities to projects, investors, and the community. For this reason, by making his statements, he put his decision to move forward on this path before the media. After his successful NFT at BullPerks, where GamesPad sold his NFTs for $4.5 million, he was poised to make progress in this regard as he received many offers.
- -Later, GamesPad’s NFT collection began to be listed on the three major NFT markets. These NFT markets came out as Binance NFT, OKX NFT, and Liquidity. From now on, all GamesPad NFTs are in a position to show sales in the company’s local NFT market. In this way, all sales are ready to take place. Over time, the project will also progress toward NFT creators, collectors, and portfolio companies. In particular, the opportunities for these people to list and trade their NFTs in GamesPad’s market will begin to occur within the site.
How Will the NFT Market Work?
Unlike Bitcoin, Ethereum or Dogecoin, some tokens cannot be exchanged on regular cryptocurrency exchanges. These tokens are not easy to exchange. Therefore, to buy and sell NFTs, some specialized trading platforms are preferred. This will allow you to trade on specialized trading platforms that will allow you to issue, hold and trade non-exchangeable tokens.
- -In simple terms, NFT markets operate with the same logic as normal shopping sites. In summary, first, the user needs to register on the platform and create his wallet to store NFTs and cryptos. Starting an NFT is also straightforward. Short information such as name, price, description, picture, photo, video, and gif will be enough for this.