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Author Topic: Can Express P2P option in NFT Marketplace Possible!!! ?  (Read 74 times)
Sharonchy (OP)
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December 27, 2022, 04:10:27 AM
 #1

As a beginner participating in bounty hunting, some of this campaign's rewards included Nfts; unfortunately, selling these Nfts has proven to be a very challenging process. One may argue that the prize is pointless because you can't convert it to fiat money after three months of distribution.

My inquiry! Is it feasible to add a P2P EXPRESS option on an NFTs marketplace where users can sell their NFTs after 30 to 1 hour of listing?
libert19
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December 27, 2022, 04:30:42 AM
 #2

If there is demand for the nfts you have got, you would automatically see offers from people on opensea, if you are satisfied with offer, you accept it and your nft will be sold in an instant.

https://opensea.io/ >> connect wallet >> account >> profile >> more >> offers received.

If your nfts are in 'hidden' section, it won't show up here and you will have to check manually.

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Doan9269
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December 27, 2022, 03:15:49 PM
 #3

OP your discussion goes more with talks on altcoins which makee it more suitable for the altcoins discussion, while this is been bitcoin discussion board, you can as well change this by moving your thread to the appropriate board, most often are discussions of bitcoin here and most of the members coming here wouldn't have got enough experience in giving you accurate answer to your question as expected.
vv181
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December 27, 2022, 06:33:33 PM
 #4

Did you mean the NFT getting sold after an hour or can it only be listed after an hour? Essentially, There is no such guarantee option an NFT will be sold within an hour if there isn't any buyer. The main point is a buyer, so, the concept of yours is improbable, it is not how an NFT works.

One of a few reasons people bought an NFT besides its uniqueness is its rarity. So, if the NFT itself is merely based on a bounty reward, where it isn't required to be produced with a valuable "cost" behind the NFT, I doubt people will consider those kinds of NFTs.
bitbollo
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December 27, 2022, 06:51:40 PM
 #5

most of NFTs are just overpriced digital garbage with any utility/interest behind.

we have seen tons of such products so it's something hard see anything really valuable that has not distributed with some whitelist or people in some inner circle... or priced pumped by default.

this preamble to say that even if you add other sales methods it is not certain that you will be able to sell it...

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jossiel
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December 27, 2022, 09:08:24 PM
 #6

That's possible to be added as another feature if the developers want to have that type of feature. But just accept the fact that this is what the NFT marketplace is and as well as the bounty marketplaces.

It's hard to have that reward where you can liquidate it as much as you can and as quickly as possible as you can.

I get the idea on where you're coming from if the bounty is giving the reward through their NFT.

Bitcoin_Arena
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December 27, 2022, 11:26:13 PM
 #7

Just so you know. NFTs are not like the old ordinary tokens you know about that can be easily be dumped on someone on the market. Someone actually has to be interested in your NFT in order to buy it. If there is no one willing to buy, then you won't be able top sell them off

My advice is you should completely avoid bounties that involve NFTs, the whole thing is completely useless.


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kelonmusk
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March 13, 2023, 05:16:17 AM
 #8

I can understand your concern about the difficulty of selling NFTs as gifts. It is true that the process of selling NFTs can be complicated, especially for beginners. I'm also a bounty participant, so I understand.

So, regarding your question, it may be possible to add a P2P EXPRESS option in the NFT market where users can sell their NFTs after a short time.

However, it's important to remember that any new feature in the marketplace requires careful consideration of its impact on user experience, security, and legal compliance.

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