🥥Trade on Opensea
Last updated
Last updated
We focus on the Ferc721 and Ferc20 protocols, while leaving the Marketplace, Swap, and DeFi functionalities to Ethereum ecosystems. Therefore, for NFT marketplace, we recommend using third-party services such as OpenSea and Blur.
In the following example, we will use OpenSea to explain how to buy and sell Ferc721 NFTs, as well as important notes.
Menu -> My Cirths, open my Cirths list. Select one of Cirth and press "List" button.
Then an opensea page will open. Click the up-right "List for sale" button, follow the steps of Opensea to list your Ferc721 NFT.
After the process of List is done, you will see the following page:
And if you check your profile, you will find all Ferc NFT list in Opensea:
You can visit the Ferc NFT collections from the details page. Just click the Opensea button as following:
Chosing the item you like and buy it.
After successful purchase, you will find this Ferc721 NFT in your wallet.
Now, you can transact it to other guys or cross it to Ferc20 tokens.
If the Ferc721 NFT was deposited in Bridge Contract, it is not available to sell. Anyone checking the collection, he will find a LOCK on the right bottom of NFT image.
As the refreshing of opensea's image cache sometime is not stable, maybe you will not see the LOCK even the Ferc721 NFT was deposited.
But don't worry, these NFTs are not available for selling, you can not buy it.
Even though Ferc721 NFT implements ERC2981 and sets 2% as royalty rate, when trading on OpenSea, sellers still have the ability to custom royalty rates.
This rule was implemented by OpenSea starting from August 31, 2023. Reference: https://opensea.io/blog/articles/creator-fees-update
Anyhow, we highly suggest the seller keep Royalty as 2% to encourage the deployer.
