NFTs are altering the way we buy and sell digital art by utilizing blockchain as proof of ownership. However, there are issues with the clarity, safety, and usability of the current NFT markets. To address these problems, this research proposes utilizing blockchain smart contracts to create a new marketplace. It is intended to be an easy-to-use, secure platform where artists can produce, exchange, and validate their ownership of NFTs; blockchain ensures that all information is transparent and unchangeable. This study demonstrates how everyone in the NFT world may find it simpler to access and trust digital assets thanks to this new marketplace.

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NFT Marketplace for Exchange of Digital Artifacts Using Smart Contract

  • B. S. Jayasri,
  • V. Balaji,
  • Praveen Narayan Bhat,
  • Riteesh Deepak Pai,
  • Sanjana Ananthu,
  • H. P. Shree Hari

摘要

NFTs are altering the way we buy and sell digital art by utilizing blockchain as proof of ownership. However, there are issues with the clarity, safety, and usability of the current NFT markets. To address these problems, this research proposes utilizing blockchain smart contracts to create a new marketplace. It is intended to be an easy-to-use, secure platform where artists can produce, exchange, and validate their ownership of NFTs; blockchain ensures that all information is transparent and unchangeable. This study demonstrates how everyone in the NFT world may find it simpler to access and trust digital assets thanks to this new marketplace.