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Secondary Market

Secondary Market

Definition:

After an NFT project mints out, the NFTs can be bought and sold on the secondary market. Opensea, Looks Rare, Rarible and Super Rare are Ethereum-based examples of a secondary marketplace. This is where huge gains and losses can be made.

Degen Chat

“I bought some My Curio Cards off the secondary market from @punk6529. GMI?”

Related Terms:
  • Dictionary: Buying on Secondary
  • Dictionary: Reveal
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    ShowUps - Web3 for Creators - 2023