What is 10FT Marketplace
Buy and sell whatever you want with your own $GRF tokens.
"The marketplace update is still under construction. If you have any additional suggestions for shopping with GRF token during this process, please let us know."
A trustworthy and unique platform where you can buy and sell NFTs such as art pieces, music tracks, and games. As you read about how this platform will work, we wanted to explain it to you with an example dialogue so that you don't get bored and understand the marketplace features better.
10FT Market : If you have your own money, you should be able to buy something with it, if you can't buy anything, what's the point of having that money?
John : But I can exchange my $GRF token for ETH whenever I want.
10FT Market : Yes, just one of our great talents. There is no limit to what you can buy with ETH, but our marketplace only works with $GRF
John : Well, I can buy whatever I want with ETH, what could I possibly want from your marketplace?
10FT Market : Imagine a NFT project, the mint price is 0.05 ETH. You didn't mint it, and two days later you see that this NFT's value is 1 ETH. Would you be disappointed?
John: Yes
10FT Market : Don't be! On the 10FT Market, that NFT may still be available to buy for its mint price or close to it, with $GRF.
“John wonders how this could be possible and asks :) (I know you are curious now :) )”
John : But how would that be possible?
10FT Market : Our marketplace works like a real marketplace. Every new collection holds potential. The market manager and employees (a team will be active on Discord) will mint the collections they decide have potential and transfer them to the marketplace contract. They will be available for purchase with $GRF on the marketplace website for a 10% profit (or without profit or at a loss depending on market conditions if there is no demand).
John : Hey, that's amazing, what else can I buy?
10FT Market : We will reserve 500 10FT Giraffes for the market and these Giraffes will start earning $GRF when staked. They will be available for purchase on the market with $GRF at low prices periodically. And many more products will be added and developed by market managers.
John : Thanks and it always seems like it will be great to be a part of this community.
Summary
Valuation of $GRF token is one of our primary goals. A strong community currency ensures a strong community and sustainability of the project. We want to encourage people who see that NFTs in the marketplace have not decreased in value unlike other platforms to make purchases on our platform. This will increase demand for the $GRF token, which we believe will lead to an increase in its value. The marketplace will work like a real marketplace, but profitability will not be the first priority, the important thing is not to incur large losses in the first stage and to be able to stay afloat. "
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