Today NFTs are a new way to make money. Every day new collections are launched. Not just NFTs, new marketplaces are also launched. In this post, we will cover a new marketplace called the Tofu NFT marketplace.
Tofu NFT marketplace was launched in January 2022. It is a brand new marketplace that offers special offers to its customers. It encourages the artist to sell their NFTs on this platform and also provides offers to customers to purchase more and more NFTs. This marketplace is still in its early stages and will expand soon to other tokens.
We will be covering more on the tofu marketplace. What is tofuNFT? How to buy NFTs here and how you can sell NFTs as well. How to get started with this NFT? So, without wasting your time, let’s get started.
What Is TofuNFT?
Tofu NFT marketplace or TofuNFT is a completely decentralized marketplace for buying, selling, and trading NFTs. This marketplace mainly focuses on GameFi and collectibles. This marketplace is created for ease of use and optimized for efficient trading. This is a successor of the SCV marketplace. You can enjoy all the benefits of the SCV marketplace like fast loading, advanced filters, and much more. TofuNFT currently supports ERC- 721 NFTs and they are planning to extend the support to ERC- 1155.
How To Get Started With Tofu NFT Marketplace?
As with other marketplaces, you need a wallet to get started with the Tofu marketplace. Not all wallets are supported by TofuNFT. Here is a list of supported wallets:
- Wallet Connect
- Math Wallet
- Get Coinbase Wallet
Just connect your wallet with the marketplace and start trading.
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How To Buy NFT On Totu NFT Marketplace?
If you want to buy NFT from this marketplace, then here is a guide for you.
- Go to the website of TofuNFT.
- Search for the NFT you want to buy.
- Select the NFT you want to buy.
- Now you have a choice. Either purchase directly or bid for it.
- Connect your wallet.
- Complete the transaction.
- Wait till verified
How To Sell On Tofu NFT Marketplace?
If you are planning to sell on the Tofu NFT marketplace, then you have to make sure of the following things.
- You have to create NFTs that are ERC-721 compatible.
- Other ERC models are not currently supported. The other thing you have to make sure of is the gas fees. You should have enough BNB in your wallet to pay the gas fees.
- You can choose how you want to sell your NFTs. You have two methods for that. One is the auction and the other is the fixed price.
- To sell the NFTs on TotuNFT, you have to visit the profile page which lists all NFTs in your wallet. You can use filters to search the NFT you want to sell.
- Then you have to fill in the details and choose the method of selling.
- You can click on either auction or fixed price button.
What Are The Different Ways To Sell On The Tofu NFT Marketplace?
There are four ways to sell on the Tofu NFT marketplace.
- Accepted Buy Offers
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Here we conclude our post on the Tofu NFT marketplace. We have discussed almost everything regarding this marketplace. If you are an artist then we surely recommend you to go through this marketplace and check the benefits.
Keep exploring our website to know more about NFTs.
Frequently Asked Questions
Q1. What Are Gas Fees Operations On TofuNFT?
Each operation below consumes a gas fee:
- Purchase a fixed price listing NFT;
- Place a bid in the auction;
- Collect a finished auction;
- Make a buy offer;
- Accept a buy offer;
- Transfer NFT to others.
And these operations will not cost you any gas fee:
- List NFT for sale or auction;
- Change listed price;
- Cancel a fixed price listing;
- Cancel an unbidden auction.
Q2. What Currencies Can I Use On TofuNFT?
Currently, tofuNFT only supports the native on each blockchain for now. Multi-currency support will be implemented soon.
Q3. What Blockchain Does TofuNFT Support?
Currently, tofuNFT supports Binance Smart Chain(BSC), Ethereum, Polygon, Avalanche, Fantom, and Arbitron. We are working to get it deployed on more blockchains.