1 Introduction to Cardano on DEMARKET DEMARKET is not only a project of BLOCKALPHA, but also part of a larger mission - to contribute to the decentralization of exchanges around the world.
DEMARKET is a decentralized NFT exchange project developed by the BLOCKALPHA team. The project has received high ratings from the review (CR) community with a score of 4.61, and ranked 2nd in the ranking in the Startup & Onboarding for Students category of Project Catalyst Fund 10. DEMARKET possesses many superior features, bringing great benefits to users, including:
• Popularizing Blockchain for common users: DEMARKET is designed with a friendly, easy-to-use interface, suitable for all audiences, including beginners.
• Contributing to promoting the transition of web2.0 to web3.0: DEMARKET uses Blockchain technology, helping users own their NFT assets safely and transparently.
• Stop illegal data collection and asset theft: DEMARKET operates on a decentralized platform, does not require users to provide personal information.
Non-fungible tokens (NFTs) are digital assets that represent ownership of unique items or content. Unlike cryptocurrencies like Bitcoin or Cardano, which are fungible and interchangeable, each NFT has distinct properties and cannot be exchanged on a one-to-one basis. NFTs can represent digital art, music, videos, virtual real estate, and more.
3 What is Cardano ecosystem? Cardano is a third-generation blockchain platform that offers a more eco-friendly and sustainable alternative to Ethereum, the current leading platform for NFTs. Cardano's proof-of-stake (PoS) consensus mechanism reduces energy consumption and transaction fees, making it an attractive choice for minting and trading NFTs.
4 Getting Started on DEMARKET To begin your journey with Cardano NFTs on DEMARKET, follow these simple steps:
• Step 1: Connect your wallet: Connect a compatible Cardano wallet, like Nami, Eternl, Lace, Flint, or Vespr by clicking the 'Connect Wallet' button on the top right corner of the DEMARKET homepage.
• Step 2: Browse the marketplace: Discover unique NFTs created by talented artists and creators from around the world. You can filter your search based on categories, collections, and more.
• Step 3: Buy, sell, and trade NFTs: Interact with the vibrant DEMARKET community by buying, selling, and trading NFTs.
• Step 4: Mint your own NFT: Have a piece of digital art, music, or video that you'd like to turn into an NFT? Visit the 'Mint' section and follow the instructions to create and list your NFT on DEMARKET.
DEMARKET offers a range of benefits for users, including:
• Users participating as buyers can purchase assets on DEMARKET.
• Users participating as sellers can sell or withdraw assets.
• Users will receive royalties if the NFT is minted by them.
• Users can register intellectual products by minting NFTs on DEMARKET.
• Users can create intellectual product collections.
• Users can build an account to become a store page.
• The platform includes documentation on how to use it for beginners.
• Users can tracking the history of transaction NFT.
• Users can donate to the operating platform.
DEMARKET is developed based on Cardano, an ecosystem with a series of outstanding advantages compared to other Blockchain platforms, helping users to be assured of security, personal information will never be compromised. violations, costs incurred are less expensive,…
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