Direct listings

Direct listings on PulseMarket refer to the process of putting Non-Fungible Tokens (NFTs) up for sale without the need for an auction or bidding process. When a seller wants to offer their NFT for sale, they create a direct listing with a fixed price, making it available for potential buyers to purchase at that set price.

The process of a direct listing involves the following steps:

Setting the Price: The seller determines the price they want to sell the NFT for and sets it in the listing.

Metadata and Description: PulseMarket includes a title, description, and any relevant information about the NFT, providing potential buyers with an understanding of the asset's content or utility.

Image or Media Representation: An image or media representation of the NFT is included to give potential buyers a visual preview of the digital asset.

Listing Duration: The seller may choose to specify how long the NFT will be available for purchase at the set price before the listing expires.

Royalties (Optional): Some projects have a royalty fee, meaning they receive a percentage of the future sales whenever the NFT is resold in the secondary market.

Once the direct listing is live on PulseMarket, potential buyers can browse through the available NFTs and find ones they are interested in purchasing. If a buyer wants to buy an NFT, they can execute the transaction by paying the specified price in the supported cryptocurrency. The ownership of the NFT is then transferred from the seller to the buyer on the blockchain, and the buyer becomes the new owner of the unique digital asset.

Direct listings provide a straightforward and convenient way for sellers to offer their NFTs for sale at a fixed price without the complexities of auctions or bidding, making it more accessible for both buyers and sellers on PulseMarket.