Marketplace
Last updated
Last updated
The market structure is built on top of a blockchain network that serves as the foundation for Eontribe's decentralized architecture. The market is decentralized, which means there is no central authority or intermediary that controls or manages it. Instead, it is governed by a set of smart contracts that regulate the buying and selling of assets.
Users can browse the market to see and purchase a wide range of tokenized assets, including art pieces, collectibles, and other real-world items that have been tokenized and presented as NFTs. Assets are listed for sale by their creators or owners, who can set the price and conditions of the sale.
Buying and selling assets on the market is facilitated by the use of cryptocurrency or the Eontribe token. Users can use this token to purchase assets on the trading platform, and sellers can receive payment in the form of the token. This provides a frictionless and secure transaction process without the involvement of intermediaries or central authorities.
The trading platform also has built-in features to ensure the authenticity and origin of the assets being sold. For example, it can use blockchain-based verification systems such as digital signatures and timestamps to ensure the authenticity of assets. Additionally, the trading platform can have a reputation system where users can rate sellers and make reviews, creating a trust-based system.
Users can also create their own digital storefronts on the trading platform, where they can list their own assets for sale, or participate in the community by creating their own digital assets for sale.
The trading platform also includes a search and filtering feature that allows users to easily find specific assets based on criteria such as price, category, and creator. This makes it easy for users to find and purchase assets that interest them.
Additionally, the trading platform can be integrated with other social network features, such as the ability to share assets and showcase them to other users, or the ability to use assets in virtual worlds or other virtual situations.
Overall, the market on Eontribe represents a decentralized and secure platform for buying and selling tokenized assets such as NFTs of art, collectibles, and other real-world items. Its decentralized structure, use of smart contracts, and its own cryptocurrency token, Eontribe, make it a safe and frictionless way for users to buy and sell assets. The market also has built-in features to ensure the authenticity and origin of assets, as well as integration with other features.