Rarible is a marketplace for buying and selling NFTs. Rarible allows creators to mint and sell NFTs, and buyers to purchase and own them. Rarible also has features that allow creators to set royalties for their NFTs and to verify ownership of collections created on other marketplaces.

What is an NFT markeplace?

An NFT marketplace is a platform that allows people to buy and sell non-fungible tokens (NFTs). NFT marketplaces typically provide a way for creators to mint and sell NFTs, and for buyers to purchase and own them. Some NFT marketplaces also provide additional features, such as the ability to set royalties for NFTs or verify ownership of collections created on other platforms.

NFTs are unique digital assets that represent ownership of a specific item or piece of content, such as a piece of art, a collectible, or a digital game item. NFTs represent ownership of objects in the real-world or a set of permissions in the legal, physical, or digital worlds.

Can you receive royalties from NFTs?

Some NFT marketplaces allow creators to set a percentage of the sale price to be paid as a royalty whenever one of their NFTs is resold. This can provide a ongoing source of income for the creator of the NFT. It is important to note that the ability to receive royalties on NFTs may depend on the specific marketplace and the terms of the sale.

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