A development group called Ghostdevs is working on a cross-chain NFT market that supports bulk buying. Ghostmarket is compatible with Phantasma and NEO. At the same time, the market will encompass two blockchain projects yet to be announced.
NFT Asset Bulk Buying is a very cool feature for gamers and collectors. At this time, especially on the Ethereum blockchain, buyers need to pay a transaction fee for each item they purchase. Including a game asset of 1 dollar may have a fee of 2 Dollars. That is why buying in bulk is interesting. At the same time, is more equivalent to the way shopping websites like Amazon work.
For now, Ghostmarket is only compatible with Phantasma and NEO. The first is a very new project, while the incorporation of NEO is quite remarkable. Right now there are only a handful of projects in NEO that use non-fungible tokens. Despite this, as a last resort, the development team wants to incorporate all the major blockchains in their market. This would mean that Ethereum, Tron, WAX and EOS will also hit Ghostmarket sometime.
Ghostmarket also enables users to log in using multiple wallets at the same time.. When using multiple wallets, the account view will show a combined version of all wallet balances. Users can choose a main wallet to buy, while the sale can still be made from each individual wallet.
What is a non-fungible token or NFT?
A non-fungible token is digital data that confirms through blockchain technology that a certain data is unique. There is only one version of each non-fungible token. Where 1 bitcoin is just like any other 1 bitcoin, that's not the case with a non-fungible token. Each non-fungible token is unique. That makes them very useful for digital art., game items and other alternatives for contractual property.
Niftex was launched two months ago, which is a shared property exchange over non-fungible tokens. This works because they put a certain NFT behind a smart contract and then divide it into so-called chunks. Each fragment represents a part of the property, and when someone has enough shards, full ownership can be claimed through a purchase.
