I am looking to start my own NFT marketplace soon. However, there are some questions concerning the logistics I simply don’t have the answers to as of yet.
These are as follows:
How is security ensured on the platform ? What service providers need to be contacted and what can be done in house ?
Do commissions end up in a crypto wallet or a bank account ?
Are those funds accessible straight away ?
Will royalties still apply when an NFT posted originally on my platform is sold on another afterwards (e.g. Opensea) ?
Will proceeds from the marketplace end up as cryptocurrency or FIAT currency ? If FIAT currencies are involved, will a payment gateway need to be integrated ? (tied to 2nd question)