AirNFTs Marketplace Review?
AirNFTs is an NFT trading portal built on the Binance Smart Chain and supports cross-chain transactions. The platform was launched in 2021. It uses a native utility token AIRT that functions on the BEP-20 protocol. AirNFTs has minted more than 110,000 NFTs with a trading volume in excess of USD 8 million to date.
What is an NFT Marketplace?
An NFT Marketplace is a marketplace for NFT. So far so good. But what is an NFT?
NFT is an acronym for “Non-Fungible Tokens”. Something which is fungible is replaceable. For instance, one kilo of 24 karat gold is – at least in theory – replaceable with any other kilo of 24 karat gold. When something is non-fungible, it means that it is unique, and not replaceable with any other item out there.
Although NFTs are conceptually similar to cryptocurrencies, these digital assets might represent antiques & artworks, collectables like trading cards, and other items with unique features. These tokens are stored cryptographically in a blockchain network for authentication and validation. Even when transacting, each token is sold as a whole, unlike cryptocurrencies which are divisible into smaller units. NFTs lose their value when split into smaller portions, however, they can be duplicated by the artist and each additional copy can be sold separately (but the total number of duplicates will then always be known).
AirNFTs Marketplace Focus
Artists can generate revenues on AirNFTs by creating and publishing their digital artworks on AirNFTs. They also have an option to generate additional income from royalties on secondary sales. It is a holistic NFT market with a wide range of artworks and collectables like art NFTs, sports and gaming NFTs, photography, video and music. It has also listed some of the artist testimonials on their platform.
AirNFTs Marketplace Fees
When you make a trade at any NFT platform, they may charge you a commission. The commission is generally a percentage of the sale amount in the relevant trade.
AirNFTs does not charge any commission, however, artists and users will have to incur network fees. The platform claims that using Trust wallet to carry out transactions can cut down the fee expenses to below USD 1. According to their FAQ page, the network fee is cheaper than the gas fee on the Ethereum network and is approximately USD 0.70 for minting an NFT.
Layout of AirNFTs Marketplace
Different NFT Marketplaces present their NFTs, the latest bid and the remaining time of an auction etc. in different ways. What you are most comfortable with viewing and using is up to you and no one else. The following picture is a print screen from AirNFTsMarketplace:
AirNFTs Marketplace Payment Methods
A few of the NFT Marketplaces out there accept deposits and payments via credit or debit card, and some even accept PayPal deposits.
We could not find any mention that AirNFTs accepts PayPal or debit/credit cards.