Advertisement

Multimedia

Growing secondary market to help NFTs mature as asset class

Advertisement

As non-fungible tokens (NFTs) trade more on the secondary market, their status as an asset class will be strengthened, states Sandesh Suvarna, VP, WazirX NFT Marketplace. Primary market is where a creator lists their NFT for sale, whereas secondary market is where a collector, who has bought an NFT, can resell or relist their NFT. "Almost 20% of our entire volume is on secondary market," says Suvarna.

Follow us on Facebook, X, YouTube, Instagram and WhatsApp to never miss an update from Fortune India. To buy a copy, visit Amazon.

NFT WazirX nft full form nft meaning nft price nft marketplace nft collection nft art nft crypto non fungible token nft secondary market invest in nft buy nft nft investment

Leave a Comment

Your email address will not be published. Required field are marked*

Top Videos