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How Does An OpenSea Clone Script Work?

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zoeluna

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The OpenSea Script is an NFT solution pre-engineered to provide a comprehensive set of features. The platform is based on a decentralized blockchain network. The customization feature will facilitate the launch of the platform within a short amount of time for entrepreneurs. Here is a brief explanation of OpenSea  functionality.

  • It does not matter whether they are buyers or sellers, they both have to register on the NFT marketplace and create accounts by filling out the required information.

 

  • Digital assets can be purchased only by buyers who connect their wallets.

 

  • However, sellers can mint their works and list them by providing the necessary details such as name, description, price, and other information needed to conduct a transaction.

 

  • It is possible to buy NFTs at a fixed price (when the NFTs are buyable) or join an auction and start bidding (when the NFTs are biddable). When listing on the Marketplace, sellers make these choices.

 

  • The buyers will hold the NFTs once the payment process is complete. When a transaction occurs, the platform owner will charge additional fees like gas fees. 

 

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