Introduction to NFISpace

What is NFISpace?

NFISpace is a secondary NFT marketplace platform built on the Bitkub Chain. A secondary NFT marketplace allows users to buy and sell NFTs that are available for sale, bid on NFTs in auctions, and place offers on NFTs that they desire but are not currently listed for sale or in an auction. This differs from Bitkub NFT, which is a primary NFT marketplace that only enables users to purchase directly from the store. Additionally, NFISpace supports both the Bitkub NEXT wallet and MetaMask, whereas Bitkub NFT only supports the Bitkub NEXT wallet.

But why NFISpace? Aren’t there any secondary NFT marketplace platforms available?

There are several secondary NFT marketplaces available, such as OpenSea, Rarible, and MagicEden, but these do not support the Bitkub Chain. The only secondary NFT marketplace on the Bitkub Chain is MegaLand. However, MegaLand has a limited selection of NFT collections for users to purchase. In contrast, NFISpace offers a much larger variety of NFTs for buying and selling.

Additionally, NFISpace is not just an NFT marketplace; it aims to be a community-driven platform. This means that NFISpace prioritizes the community by providing various benefits to its users. More details on these benefits will be covered later in this document.

Are there any fees associated with the sale of NFT on NFISpace?

Yes, there are fees associated with selling NFTs on NFISpace. Initially, the platform charges a fee of 2.5% for every transaction. However, during the first few months after launch, this fee will be reduced to 1.25%. These fees contribute to the maintenance costs of the NFT marketplace.