Announcing the NFT Secondary Market Launch

28 Jul 2022



We are happy to announce that Ignium has launched the NFT Secondary Market functionality!

NFT holders are able to put their NFTs up for sale. Once the sell offer is created, everyone who wishes to, will be able to purchase the NFT at the set price. Currently all the trades are initiated by the seller. The opportunity to create buy offers is coming next, so stay tuned for further announcements!

In order to place a sell offer, follow the steps described below:

1. Log in to your Ignium account
2. Open the “Dashboard” page
3. Select the NFTs tab in order to see the list of your NFTs
4. Select one of your NFTs and click on it
5. On the detailed NFT page Click the button ‘Place Sell Offer’
6. Enter the price that you are willing to sell your NFT for
7. Finalize creating the sell offer by clicking ‘Place Sell Offer’’
8. Now your NFT is on the secondary market and is waiting to be bought


Place Sell Offer

Also be aware, that there is a fee of 5% from every trade of an NFT on the secondary market.

If you change your mind, you can always cancel your active sell offer before the NFT is sold by clicking on the ‘Stop Selling’ button in the detailed NFT view.

Stop Selling

Thank you for your attention!

Kind Regards Ignium Team

Got any questions?

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About Author

Reimo Hammerberg
CEO & Co-founder

Reimo has worked for close to 20 years at law firm Sorainen as a capital markets and financial services attorney and last 13 years as partner and head of the practice. He has advised numerous capital markets transactions, projects related to regulated entities, licensing, including advising capital markets infrastructure (stock-exchanges, CSDs) operators as well as technology start-ups acting in the space of financial services. Reimo is a board member at Finance Estonia (industry organisation for financial sector in Estonia) and heads blockchain related sub-group in FinTech group.

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