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**NFT marketplace development** is the process of building a platform where users can **mint**, **buy**, **sell**, and **trade non-fungible tokens (NFTs)**. These platforms can be general-purpose (like OpenSea) or niche (like Rarible for creators or Magic Eden for gaming NFTs).
Here’s a complete breakdown:
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## 🧱 What Is an NFT Marketplace?
An **NFT marketplace** is a decentralized or centralized platform that allows users to:
* Create (mint) NFTs
* List NFTs for sale or auction
* Buy, sell, or trade NFTs
* Connect with wallets (like MetaMask or Phantom)
* Manage collections or portfolios
Popular examples: OpenSea, Blur, Rarible, Magic Eden, LooksRare, Foundation.
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## 🚀 Key Features of an NFT Marketplace
### 🛠️ Core Features
* **User onboarding** (wallet integration, profile management)
* **Minting engine** (ERC-721, ERC-1155)
* **NFT listing and auctions**
* **Search, filters, and categories**
* **Royalties system** for creators
* **Transaction history and analytics*
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