Marketplace: One-stop Shop for NFTs and ingame item

World of Masters
3 min readMay 24, 2022

The NFT Marketplace. If you have at least played an NFT video game before, then you might be familiar with this term. But if you are new to GameFi in general, fear not, as we will educate you right here and now! Please keep in mind that we have not released the official version of World of Masters. Therefore, the fees and features we mention here may change in the future (follow our social media, folks).

World of Masters Marketplace

WofM NFT Marketplace is where players can trade Heroes and game items in the form of NFTs. Rare Heroes with high levels and unique abilities are also available for purchase on the Marketplace. Users can use any BEP-20 tokens to participate in trading activities on our NFT Marketplace.

Players can buy, sell — exchange NFT champions on Marketplace. The transaction fee is 10%, in which:

  • 35% of the tokens transferred to the Bonus Fund
  • 30% of the tokens will be burned
  • 15% of the tokens transferred to the Marketing fund
  • 20% of the tokens transferred to the Project Development fund

Find yourself in a bind situation where the enemies’ forces are too strong? Then, take a look at World of Masters Marketplace, and you will meet many legendary Heroes who are ready for battle. If you are still unclear about our NFT Marketplace or want to know what exactly is an NFT Marketplace, then read on to learn more 😀.

A Digital Marketplace? For NFTs?

What’s an NFT?

To understand NFT Marketplace, you will first need to know what NFTs are. Unfortunately, we have seen many users rushing in many NFT projects, wasting money on something they genuinely do not have a clear grasp of.

In a nutshell, NFT is a digital contract that confirms your ownership of an object, whether it is a picture, a video game item, a ticket, or even a house in real life! The NFTs are stored on a blockchain network, and to put it simply, once they are displayed on the blockchain, the actions are essentially irreversible.

Thanks to blockchain, NFTs can circulate on the internet as digital commodities, allowing users to keep, display, or sell them to others. Unfortunately, a frequent mistake for crypto investors is buying NFTs based on hype. Buying a monkey jpeg NFT won’t instantly make you rich or famous. That’s why we believe only NFTs with practical use cases can stay relevant in the long term, like video game item NFTs. Video-game NFTs are amazing!

What’s an NFT Marketplace?

When there are needs, there will be demand. People go to grocery stores because they need food and drinks to satisfy their needs. The same story goes for NFTs: The people needed a place to buy and sell NFTs, so it’s only a matter of time before an economy flourishes around the NFTs. Many NFT Marketplaces have appeared over the last two years, such as OpenSea or Binance NFT.

For World of Masters, we see that having access to an NFT Marketplace can be incredibly useful to any content creator and user. The reasons include the more intuitive user interface, the reduced transaction fee, and additional user protection measures. The list goes on and on, and we can’t wait to show what our NFT Marketplace can offer 😁.

Looking forward

Developing a user-friendly NFT Marketplace has always been our most demanding task during the past two years. On the one hand, we have to take care of the massive amount of content in World of Masters (Mind you, we have hundreds of NFT Heroes with different rarities), so you can only imagine how much number-crunching work 😆. But on the other hand, it is so much fun for us to send the NFTs around.

So, when should you be expecting our NFT Marketplace? According to our scheduled roadmap, the World of Masters NFT Marketplace should be released during Q2 2022. In the meantime, there will be a lot of exciting activities with tons of rewards for you to join!

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World of Masters

The first Martial Arts Metaverse. Fight. Play. Earn. 👨‍✈️ Telegram Channel: https://t.me/WorldOfMaster 🌐 Website: http://wofm.io/