2.2 NFT Marketplace
Most users trade NFTs on dedicated marketplaces, similarly to how they might buy conventional cryptocurrencies on an exchange. Many NFT marketplaces, such as OpenSea, don’t custody users’ NFTs for them, instead allowing users to transfer NFTs directly between their own wallets — in this way, those marketplaces are similar to decentralized exchanges or P2P exchanges. Others, however, like Dapper Labs, handle custody on behalf of users, however, under both options, users are paying very high fees and often wait for the orders to be executed due to high fees as the NFT value is less than these platforms' fees.
Dexo offers a fully decentralized NFT platform that enables users to create, list and trade into NFTs. Dexo aims to offer the cheapest fees for NFTs as compared to other platforms.