NFT Marketplaces
Plain English
Platforms where you can buy, sell, and discover NFTs - like eBay for digital assets. Popular Solana marketplaces include Magic Eden and Tensor. They handle the technical aspects of trading and provide user-friendly interfaces for browsing collections.
Technical
Decentralized platforms facilitating NFT discovery, trading, and price discovery through smart contracts. Solana marketplaces (Magic Eden, Tensor, OpenSea) implement features like: collection verification, royalty enforcement, bulk operations, bidding mechanisms, and creator tools. Revenue models typically involve transaction fees and optional creator/platform royalties.