An NFT Marketplace is actually a cryptocurrency exchange. It is a digital marketplace where traders can buy and sell various kinds of NFT tokens via different cryptocurrencies. They are online platforms that act as intermediaries between buyers and sellers of assets. These assets are basically represented by NFTs. This is a fast-growing market and IOI Corporation decided to follow these trends with its new marketplace.
The majority of these platforms require buyers to have a digital wallet and use cryptocurrencies to pay for their purchases. Most non-fungible tokens are minted on the Ethereum network. This means that transactions are mostly done with ETH. They also have to use cryptocurrency platforms with Ethereum, World Asset eXchange (WAX), Polygon, or Flow.
What does the IOI Market mean for users?
Trade Race Manager as the first IOI Corporation project enters the crypto market with NFTs which are interoperable on Ethereum and Polygon chain. The IOI Corporation is also working on the Binance chain which is planning to be launched in the middle of this year.
About the new IOI Market
The market is the new IOI corporation project as a unique digital marketplace for crypto collectibles and Non Fungible Tokens. This marketplace is supporting charities including ERC721 and ERC1155 assets. Buy, sell and discover exclusive digital assets like Axis, ENS names, CryptoKitties, Decentraland, and more.
Join more than 20 000 creators and collectors and discover the main features:
- No code required – means in practice that you can deliver designs as .png and .svg as well.
- Community driven – IOI Market team listens and cares for the communities voice daily.
- Auction functions – IOI Market team listens and cares for the communities voice daily when it comes to auction functions as well.
- Helping charity – IOI Market decided to dedicate 10% of every single purchase to charity and to people who need it the most. So we can help the ones who are in need.
- Verified creators – We verify our creators. You therefore don’t need to worry about fraudulent artists.
IOI Charity Market
IOI Market is the first auction charity marketplace for Non Fungible Tokens. As many people are in need and go through difficult periods in their life. This is why IOI Market decided to dedicate 10% of every single purchase to charity and to people who need it the most, so we can help the ones who cannot handle it from various difficult situations.
What can you buy in the IOI Market?
There will be extensive NFT selections available on the IOI Market including the Trade Race Manager ones. Moreover the IOI market will be the first platform in middle Europe.
The basic NFT game family implemented will be:
- NFT collectibles
- NFT arts
- NFT audio
- NFT video
- NFT specials promo editions
Conclusion
IOI Market is a unique digital marketplace for crypto collectibles and non-fungible tokens including ERC721 and ERC1155 assets. IOI Market is the first auction charity market for NFTs. With IOI Market, you can become our creator, design new items, help to support those in need, and grow. This is another business model IOI Corporation addition that helps to benefit the whole community.
It is a prospective project which is evolving more and more.
Dominika
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
