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They provide access to a large pool of potential customers, without the need for significant marketing spend. However, startups must also be prepared to compete with other sellers on the marketplace. They must also be willing to adapt to changing customer preferences and market conditions. One of the key challenges for startups on a marketplace is building trust with potential customers.

Table of Contents NFTs can also offer a way to monetize digital assets and intellectual property, providing a new revenue stream for businesses. Refrences : Watch our videos