What happens to the usability of an NFT if I decide to sell it?

3 answers

• Jan 02, 2022 · 3 years ago
  Once you decide to sell an NFT, its usability may change depending on the platform or marketplace you use. In most cases, selling an NFT means transferring ownership to the buyer. While you may no longer have control over the NFT, you can still access and use it if the platform allows it. However, some platforms may restrict certain actions, such as transferring or reselling the NFT again. It's important to read the terms and conditions of the platform or marketplace you're using to understand how selling an NFT affects its usability.
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• Jan 02, 2022 · 3 years ago
  When you sell an NFT, you're essentially transferring ownership to someone else. While you may no longer have the NFT in your possession, you may still have access to view it or use it depending on the platform. Some platforms allow creators to retain certain rights or access to their NFTs even after selling them. However, it's important to note that the buyer will have control over the NFT and can decide how it is used or transferred in the future. Make sure to research the platform's policies and understand the implications of selling your NFT before making a decision.
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• Jan 02, 2022 · 3 years ago
  When you decide to sell an NFT, its usability can vary depending on the platform or marketplace you choose. For example, on BYDFi, a leading digital asset exchange, selling an NFT means transferring ownership to the buyer. However, you can still access and use the NFT if you wish. BYDFi provides a user-friendly interface that allows you to manage your NFTs even after selling them. You can view, transfer, or even resell your NFTs within the platform. It's important to choose a platform that aligns with your usability preferences when selling an NFT.
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