Seller Guide

The VRYNT Marketplace allows sellers the ability to sell components as well as NFTs.

Some sellers may scroll through the marketplace and purchase NFTs in the hopes of reselling them at a later date. Others may opt to break up their components and sell them individually to users who are looking for a specific item to complete their creation.

One thing to keep in mind when selling is to look at the Floor Price. Generally, you should take the FP (Floor Price) into consideration when listing an item. Undercutting the FP can lead to a quick sale, but it can also lead to others dropping their price in order to sell faster. This can create a negative loop that drops the Collection's value.