How to trade in the NFT marketplace?

How To Trade On An Nft Marketplace?


SunContract introduced its first global NFT marketplace this year. The NFT Marketplace allows buying and selling of NFTs, and it features real and already working solar panels. So how can a user find the desired NFT from the previously sold primary series?

The “trade” button will take you to the secondary market, where you can make an offer to buy the selected NFT. Allow us to introduce some of the functionality that our NFT Marketplace has to offer.

Learn about our NFT marketplace and our NFTs

Our NFT marketplace platform integrates block chain technology, NFTs and solar sector expertise to make clean energy easy for everyone, everywhere. Sun-related NFTs can be bought and sold at any time through the SunContract NFT marketplace, while token holders can manage the energy their “personal power generator” generates from their smartphone.

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Each NFT represents a specific panel on a specific farm, the holder of which enjoys the benefits associated with the physical asset. The initiative is aimed at people who are committed to the green transition and eager to invest in a renewable future, as well as the crypto community, to gain real economic exposure through the renewable energy sector.

The solar farm SunGenensis, which has been tochemized for the first collection, is located in the village of Višnje in Slovenia.

By purchasing our NFTs, the user owns a digital asset that represents the actual solar panel that generates electricity. The owner can receive income from the energy produced with SNC tokens, sell NFT or use the energy at home or business (in countries where SunContract has an energy license or license, such as Slovenia, Croatia and Estonia, among others).

This approach connects energy consumers and producers worldwide and makes each user part of a larger community, promoting sustainability, self-sufficiency and decentralized energy management. It thereby enhances economic, social and environmental development.

How to buy the first NFT

To purchase NFTs, individuals must:

First, register on our official platform. You can do this by pressing the Login button.

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All the main features of the NFT marketplace – log in, collect, trade – are located in the upper right corner of the page.

After that, you need to complete the KYC verification on the platform. Once KYC is verified, the next step is to purchase SNC tokens which can be used to purchase NFTs. SNC tokens can be purchased on exchanges such as Kriptomat or HTX. These tokens must be transferred to your SunContract account. You can also purchase SNCs directly on the platform with a credit card linked to Kriptomat. With Sepa Pay you can transfer funds to your account in Euros. The transferred funds will be converted into SNC tokens for you. When you have enough SNCs on your account, you are ready to buy your NFT in the “Collect” or “Trade” section.

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Check your SNC and Euro balance in the Wallet overview on your account, transfer SNC to your account or buy them by credit card or SEPA payment.

The “Collect” section represents the main market, where users can buy NFTs from the current collection for sale. Previously released collections are also displayed there.

Users can click to open a specific collection where NFTs are still available, select the “Solar Panels” option and select the desired NFT associated with a particular solar panel. Energy production analysis can be checked in this section by clicking on the “Analysis” button.

The “Trade” section is a secondary market intended for NFT holders who wish to resell NFTs. Interested users can purchase NFTs from the pre-sale batches. It offers a ‘Buy Now' option, where each NFTs is available with specific discounts and prices (in SNC and EUR) and a ‘Delivery' option.

When you submit an offer for a desired NFT, the owner of the NFT accepts your offer and decides whether or not to sell the NFT. If you accept your offer, NFT will be transferred to your account.

Related panels, solar farms, location, minimum maturity months, and production of zero discounts and non-zero discounts further filter NFTs offered on the secondary market.

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When choosing to choose an offer for NFTs on the secondary market, you can narrow your choices by choosing from the many available filters.

Each NFT offered in the “Collect” or “Trade” section has a unique image, power, estimated annual yield and maturity date. Additionally, for each NFT, you can view past (historical) and future (forecast) production statistics for one day, seven days, 30 days, or 90 days.

Each NFT features an image of a hero from our history. It's a fictional tale about time travel that includes accurate historical information. Our first alternative energy source is located near a historic battle between two Roman emperors in 394 AD.

How to track statistics

Each registered user can track different statistics. As mentioned above, you can track NFT statistics in the Collections and Trades sections and in the My Dashboard section where all your purchased NFTs are collected.

You can track product statistics for one day, seven days, 30 days, or 90 days. In addition to past yield (historical), you can also track predicted future yield (forecast). You can also track earnings history – for one day, seven days, 30 days or 90 days.

Also available are leaderboard statistics. This ranking NFTs highlights all users who have generated the most electricity in our marketplace. In addition to the “Top Power Producers Last 7 Days” statistics, there are also “Top NFT Buyers Last 7 Days” statistics.

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When you register to the platform, you will get access to your dashboard where you can track collected NFTs. The leaderboard shows the ranking of TOP energy producers and TOP NFT buyers for the past 7 days.

Additional functions

Every user can see two icons in the upper right corner of our NFT marketplace. The wallet icon will take you to your SunContract digital wallet, where you can view the current balance of SNC coins and review all assets (wallet, transactions and payments) on the platform.

A bell icon shows notifications. Here, if someone responds to your offer on the secondary market, sells NFTs, etc. Notifications convey all the important information needed for users on our NFT marketplace.

Benefits of owning an NFT with SunContract

What does NFT bring to its owners?

Owner of NFT:

• Represented by the associated NFT is entitled to the income generated by the solar panel, paid in SNC tokens directly to their SunContract wallet.

Or

• Electricity produced by Personal Power Plant (PPP) can be used in SunContract P2P energy marketplace and can ensure self-sufficiency in SunContract licensed countries.

Opening up access to renewable energy for all

With this innovation, SunContract opens the door to self-sufficiency for those who cannot obtain a permit or are denied a permit to connect a solar power plant.

The proposed solution is also intended for people who do not have the technical means to invest in renewable energy sources, because they live in an apartment building, multi-family house or apartment and do not have a roof to install it. Their solar power station.

It is useful for all those who have found investments in renewable energy sources to be too expensive. The solution with NFT tokens allows a private power plant to appear as if it is on the roof without worrying about maintenance or fear of a possible fire.

This innovation is also suitable for companies that want to lease their own renewable energy sources for a long time.

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Three sets of NFTs have been released so far. The last “SunVista – Primordiun” is coming soon. If you want to be alerted when this happens, you can apply for special NFT alerts.

Disclaimer

This article is sponsored content and does not represent the views or opinions of BeInCrypto. While we adhere to The Integrity Project's guidelines for impartial and transparent reporting, this content was created by a third party and is intended for promotional purposes. Readers are advised to independently verify information and consult with experts before making decisions based on this sponsored content. Please note that our terms and conditions, privacy policies and disclaimers have been updated.

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