# NFT Marketplace
## Introduction {% embed url="" %} NFT Marketplace {% endembed %} ## Paintswap History and Evolution * In early September of 2021, a **world-first multi-standard** **secondary NFT marketplace** NFT marketplace is introduced with Paintswap. Leveraging Fantom's combination of [high throughput, low latency, and low costs](https://fantom.foundation/fantom-faq/), the NFT community can now find a place for all their needs without worrying about gas wars, failed bids, and auctions. * Only one month later, with more than 1 million FTM traded, version 2 of the NFT marketplace was released. The main change has been to switch the main currency from $BRUSH to FTM, with the goal of staying as the #1 NFT marketplace on the Fantom Opera Network. * In July-August 2022, we released version 3 of the NFT marketplace, which was a revolution in the space. From fan-favorite features such as batch minting, bulk transfers and offers, checkout cart, and being able to offer on any NFT of a collection, to novel features like the NFT vaults to manage custody when necessary, ability to one-click liquidate your NFTs. Along with the financial NFT (fNFT) marketplace allowing for safer trading of locked assets behind NFTs. * In December of 2024, Paintswap **started the Sonic era** with a new refreshing look. Paintswap remains the #1 NFT market place on Sonic and continues to lead and innovate NFT space. {% embed url="" %} ## Main Features Paintswap's NFT marketplace provides feature rich platform for both Creators and Collectors. Paintswap is known to implement innovations which are often first in the industry. Below is the quick summary of the features of Paintswap: #### Creators: * Create your NFT from media you own, at a low cost. From JPEG to NFT in seconds, with support for metadata. Storage is managed through IPFS with reproducible ownership proofs. GIFs, video and even 3D formats are supported. * Easily create your own NFT collection all on Paintswap in the [NFT Creator](https://paintswap.io/sonic/factory/info) section * Support for [ERC2981](https://eips.ethereum.org/EIPS/eip-2981) NFT royalties on-chain. Earn royalties on every sale of your minted NFT on Paintswap. * A marketplace to sell or auction any NFTs you own, not just the ones obtained through Paintswap. Sonic's low gas costs allow the sale of low price NFTs. * Featured collections, with additional optional royalties on all NFTs from the collection. NFT contract developers on Sonic now have a one-stop-shop to advertise and sell their collection. #### NFT Traders/Collectors: * My NFTs" page to view NFTs owned or listed by you. Also, explore your activities (offers, bids etc) * Explore NFTs across various collections. Paintswap provides ability to explore both Approved and Unapproved collections * Ability to offer on listed or unlisted NFTs on any collection. Payment is only put in escrow in case of an auction. Uses Wrapped Sonic ($WS) as means of payment for NFTs, however, the seller will always receive the payment in native $S. * Bulk list/transfer/auction/offer ERC1155 & ERC721 NFT actions, all via our UI * Initiate and accept P2P Swap of NFTs * Sonic’s first secondary market supporting both [ERC721](https://eips.ethereum.org/EIPS/eip-721) & [ERC1155](https://eips.ethereum.org/EIPS/eip-1155) NFTs. Mint or sell multiple of the same ERC1155 NFT without having separate entries. * Discounts for owners of a copy of official Paintswap NFTs. #### Financial NFTs (fNFT): * Explore fNFTs leveraging special feature such as Token types, Locked token amount and Expiry. * Make your fNFT trades profitable my exploring fNFT listings based on the discount #### Statistics and Monitoring: * An API for other platforms to use and retrieve NFT ownership data. * Track Users, activity, statistics (volume etc.) across collections ## For NFT contract developers View your individual NFTs at: *paintswap.io/\/assets/\/\* * [Example](https://paintswap.io/sonic/assets/0x8500d84b203775fc8b418148223872b35c43b050/1) Check out our support for rich metadata {% content-ref url="/pages/zBxzscMG4nNpHDuxTaZp" %} [Metadata](/nft-marketplace-1/minting/metadata.md) {% endcontent-ref %} Want your collection featured on Paintswap? You will need to [reach out to the team](/nft-marketplace-1/collections.md#submit-your-own). ## Getting Started {% content-ref url="/pages/-MiKos\_GRsdph4YqyTvr" %} [Introduction & Fees](/nft-marketplace-1/introduction.md) {% endcontent-ref %} {% content-ref url="/pages/-Mg-fgCW0yUxskBKCcJp" %} [Creating NFTs](/nft-marketplace-1/minting.md) {% endcontent-ref %} {% content-ref url="/pages/uEeH1OgcAXDo4UrJkNBP" %} [NFT Vaults](/nft-marketplace-1/nft-vaults.md) {% endcontent-ref %} {% content-ref url="/pages/-MiKpCFR6c-k-Y6SOBkj" %} [Trading NFTs](/nft-marketplace-1/trading.md) {% endcontent-ref %} {% content-ref url="/pages/-MiGfUMwwLcWKcQyNr-i" %} [Collections](/nft-marketplace-1/collections.md) {% endcontent-ref %} --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.paintswap.io/paintswap-dapp-suite/nft-marketplace.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.