# NFT Market Place ## J**INDO NFT MARKET PLACE -** It is a huge step in the development of JindoChain products**.** Create, make money, buy and sell - it's all made simple and clear so that we can quickly start creating our first NFT's - thats how will be working our platform. **BENEFITS** * Simple to use/ Simple to made * Secure * Strengthening the value of the wJCC Token * Opening up to completely new investors / artists * Increasing interest our project and products * Beneficial opportunities for the community * Increasing the usability of our JindoDex ## **THE VALUE OF NFT'S** **1- Limited:** Shortage of NFTs adds to their appeal. NFT developers may build an unlimited number non-fungible tokens, and they often modify the tokens to keep interest up. **2- Indivisible:** The majority of NFTs are indestructible into smaller units. You will not be able to purchase a digital item until you pay the full fee. 3- Unique: NFT is completely safe and accurate because it has a robust information tab. This feature makes the NFT more unique and potent. Decentralized exchanges have been transformed by non-fungible tokens. There are some of the advantageous benefits of this cryptocurrency: Benefits of Non-Fungible Token (NFT) **2 - Easily Transferable**: The transfers of NFTs are centered on their uniqueness and indivisibility, thus the tokens are sold and purchased on a unique market. ## **What is NFT ?** Non-Fungible Tokens (NFTs) further widen the applications and use cases of blockchain. By utilizing NFTs, both digital and physical items can be assigned ownership on the blockchain as well as any additional metadata. This capability can make many processes more efficient and remove the need for a “middle-person,” an example of this is transferring the rights to a digital asset without the need for an intermediate party or 3rd party escrow system. It also ensures that ownership cannot be tampered with and no longer has a central point of failure. Several NFT collections have been created and deployed, these NFTs are often collected, traded, and staked. An issue often seen with current NFT collections is the underlying infrastructure, most NFT collections are stored in a centralized server, for example, on a cloud server. NFTs are also simple to forge into perfect fraudulent replicas and sold on an open market at discounted prices before any unsuspecting consumer would notice. While ownership of these assets is recorded on the blockchain, the underlying digital asset (NFT) can be edited in the back end, therefore editing the supposedly immutable asset that the user purchased. Our solution can ensure that NFT collections, with added security protocols and authentication, cannot be tampered with in the Interplanetary File System (IPFS). IPFS is a distributed framework for storing files across a cluster of nodes. Every item added to IPFS is encoded and marked, this ensures that if any malicious node attempts to edit the file, the encoded hash would not match and hence the wider network would reject this file. IPFS operates similarly in similar fashion to the blockchain and is an ideal method to store NFTs where ownership is stored on the blockchain. NFT WALLART stores all generated NFTs on IPFS to guarantee the availability of the NFTs as well as to provide absolute assurance and extra immutability that no NFTs possess today. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://jindochain.gitbook.io/jindochain/products/nft-market-place.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.