🖼️NFT Marketplace

The MagicSea NFT Marketplace is a cornerstone of the protocol offering:

➡️ Buy, Sell & Manage NFTs

➡️ List NFT Collection of your Project

➡️ Use NFT restricted Staking Pools

Projects can list their collections for trading and earn royalties for every NFT trade of their collection. Further, projects can benefit from the functionality to open NFT restricted staking pools! This is a way for projects to distribute rewards to the community in a fully decentral yet targeted way. Only owners of the NFT will be able to join the staking pool.

MagicSea and its community is benefiting from the NFT Marketplace even further. The NFT Marketplace takes between 2.5% and 5% trading fees. However, these fees flow back to the community in full. All trading fees earned by the NFT Marketplace will be used to buy back and burn LUM. This way the entire MagicSea ecosystem benefits from every trade made on the marketplace.