Steemit Crypto Academy - Season 2 Week 4 by @levycore| Selling and Buying NFT
Select the NFT market that you want to try to sell and buy NFTs and why did you choose this market
The interest in NFT markets is quite high. There is a continuous upward trend in NFT markets. One of the NFT markets of interest is Rarible. It is located on the Ethereum blockchain platform. Artists who create works of art in any category present their works to buyers in a digital environment. Buyers buy their favorite products in exchange for some cryptocurrencies. It is very important that NFTs cannot be copied or changed.
Rarible is a market that has proven itself in NFT markets. It is among the preferred markets of users who show interest in NFTs. In addition, the fact that he has a Pari Token shows that they work this business more professionally and in a blockchain-friendly way. The Pari Token price is constantly increasing and is in line with the quality of the platform.
Another remarkable aspect of the Rarible market. Our ability to connect to the Rarible market with many wallets. Our ability to connect to the Rarible market through many wallets provides users with an advantage. A Coinbase user who does not use MetaMask has the ability to access Rarible using a Coinbase wallet.
In conclusion, my reasons for choosing the Rarible market. Its relationship with the Ethereum network. Ethereum is a very impressive blockchain and will impact the growth of the Rarible market. Professionally designed. Have the Pari Token and users have a say in governance. It is a very popular market and users are interested. Providing access to the market through various wallets.
How to Buy NFT ( Screenshot needed)
We have to use wallets to connect to the Rarible market. The most popular and heavily used wallet is Metamask.
https://rarible.com/
After connecting to the site through the browser, we choose a wallet.
I want to access the market with Metamask. Since my Metamask wallet is open, I immediately connected. I am over 13 years old and I have accepted the terms.
I chose the NFT product I want to buy.
I don't have enough Ether in the Metamask wallet. That's why my purchase has not been completed.
How to Sell NFT ( Screenshot needed)
Selling NFT on Rarible is more challenging than buying. After logging into Rarible.com site, I will create an NFT product before the CRETA section.
There are two different options, single and multiple. We can create only one NFT product in Single. In multiples, I create a large number of NFT products from the same NFT product.
I am installing my product. I prefer the Steem logo as a product.
I chose the crypto money I want to sell my product on. I determined the other details.
I was filling out the introductory parts about our product. I also specified other details.
Since there is not enough funds in my Metamask wallet, I cannot put my product on sale. The gas fee is $ 7, and that's pretty much.
Mention and explain the advantages and disadvantages of the NFT market you have chosen
Rarible is one of the most impressive NFT markets. Most of the artists who show interest in NFT exhibit their products in this market and bring them together with buyers.
Rarible's possession of the Pari token and its relationship with the Ethereum network shows that they are doing this on a professional level.
We can connect to the Rarible market with decentralized wallets. It is an advantage that users can buy and sell products in the market without intermediaries.
It is important that we categorize our products that we will buy on the Rarible platform in various ways.
There are parts of the Rarible market where it is disadvantageous. We can sell products that do not belong to us here. There are no measures taken for this. The platform does not say whether this product belongs to you. We can buy someone else's products here. We can be victimized when their real owners come out
The commission fees in the Rarible market are high. Commission fees should be free. Isn't it ridiculous to pay $ 7 commission for a $ 1 product?
Conclusion
Rarible is one of the most popular NFT markets. In this lesson, I explained why I chose Rarible. I showed how the product is purchased in the Rarible market with screenshots. I showed us how to sell an NFT product in the Rarible market. My transaction is not completed due to the gas fee. I talked about the advantages and disadvantages of the Rarible market.
CC:@levycore
Hi @zonkork, thank for submitting your homework
Feedback:
Well done.. you have explained well about Rarible marketplace.
Rating : 7