Trading NFT
Last updated
Last updated
Entering the NFT trading interface, we see three main sections: Mint, Sell, and Buy. Additionally, basic information about the NFT is displayed, including:
Total Supply: The number of NFTs currently minted.
Listed: The number of NFTs currently listed for sale in the marketplace.
Owners: The number of unique NFT holders.
Floor Price: The current floor price of the NFT, which is approximately equal to the Mint Price, Sell Price, and Buy Price, plus the creator's transaction fee.
Mint Interface: This section displays the current minting progress and Mint Price. A curve below illustrates the relationship between the NFT supply and price. Generally, the NFT price increases as the market supply grows, controlled by the Bonding Curve algorithm in the contract. Click Mint to initiate a transaction.
Buy Interface: This section lists NFTs that users have put up for sale. Since both buying and minting prices are governed by the same Bonding Curve algorithm, the purchase price aligns with the current Mint Price. You can click the Buy button under a specific NFT to purchase it or use the Quick Buy button in the top right corner for a random purchase from the listed NFTs.
Sell Interface: This section lists the NFTs you currently own. The selling price is the Floor Price (minus transaction fees), and sales are executed instantly. Click Sell under an NFT to list it for sale. After a successful transaction, return to the Buy Interface, where you can see the NFT you just sold listed for purchase.