On Craft, you can create your own NFT tokens as collectibles and buy/sell them in the marketplace. The collectibles you created are permanently recorded on the ICON blockchain, which proves authenticity and ownership of your creations.
To craft a collectible, you simply need to log in with ICONex (top right of the screen). A Craft button will appear, click, follow a few simple steps, and it’s done! You have effectively minted NFT tokens on the ICON blockchain, with your digital signature and proof of ownership!
During the creation process, you may create under the default Craft collection or create a collection of your own. You can also adjust granular details like royalty fees, list the item for sale, or add additional properties to the NFT items. Give it a try, it’s really simple!
Once your collectibles are created, you can list them for sale on Craft marketplace. Upon successful purchase, your collectible will be transferred automatically to the buyer and the funds will be credited to your wallet (minus fees and royalties).
If you’re the creator of the collectible, any secondary sale will also earn you royalty fees based on the sale price.
The platform will provide marketplace liquidity mining, in simpler terms, any buy/sell activity will be recorded and you will receive $CFT tokens in proportion to the overall network activity. The more you participate, the more you earn!
Craft will provide incentives for early platform adopters, with a linear distribution of $CFT tokens over a 30-week schedule. Again, this is based on your buy/sell activity, a bonus reward scheme for the early birds!