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A guide to NFT STARS auctions and drops
NFT STARS offers two options for artists and buyers to sell and buy NFTs on NFT STARS: auctions and drops. In this guide, we are going to explain the difference between the two and how both of them work.
What is an auction?
NFT STARS will auction NFTs of the works released on NFT STARS. Every auction will be time-limited.
The NFT STARS team and the artists determine the initial value of each NFT. In order to prevail in an auction, you will have to offer the highest bid. The bidder who makes the final bid wins the auction and the NFT is transferred to their wallet. As well as the NFT, users can also receive other gifts, such as the physical copy of the purchased NFT or a meeting with the artist. All these details are covered in each lot's description.
All the NFTs featured in the auctions will be previewed by the NFT STARS team.
What is a drop?
Anyone who pays the specified price will become the owner of the NFT. In one drop, the artist can sell several copies of their work. The drop will continue until the last NFT is sold.
All NFTs sold in drops will be previewed by the NFT STARS team as well.
Create NFTs and sell them in auctions or drops on NFT STARS! Check this guide to learn how to create an NFT on the platform. An NFT STARS drop is the sale of NFTs at a specified price. Every drop will consist of multiple reproductions of the artwork, each with its own NFT. The quantity of NFT’s and their prices will be set by the artist.
Last modified 10mo ago
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