The blockchain is a decentralized, digital ledger where transactions made through smart contracts are recorded chronologically. This has been made possible by the introduction of cryptocurrencies such as Bitcoin and Ether. The value proposition of NFTs is even more prominent when you consider that blockchain technology makes it easier to create a marketplace for trading these digital tokens. This makes it easier for developers to build applications that use NFTs as an underlying asset, rather than just as virtual game items or collectible figures.
It can be difficult to know where to start if you want to develop your own NFT marketplace like Solanart. But what is the exact cost of creating an NFT Marketplace like Solanart?
Letβs check out how much it costs to build your own NFT marketplace
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