Bazar: Decentralized Atomic Asset Exchange on Arweave

Arweave is a blockchain that has capacity to allow your data to be stored on the permaweb. So such blockchains have a strong value for storing the content which you can access forever and also be looked as a snapshot blockchain.

So any such blockchain that stores the asset perma style, they can be used for storing your art and the assets which can be used for the exchange and also for the artist marketplace.

In case of the Arweave there is one such marketplace which is being built named as Bazar. This allows many nft artists and digital creators to store on the permaweb.

This sort of the marketplace does not require the trust as they happen at the UCM with trustless connection and the lowest fees. So it’d be possible for you to also apply the universal data license which would make the transfer of the fees and the original artist getting the funds through flow.

You need arweave wallet plus profile and also have to fund it for the UCM fees. And so you are free to make the transaction to either upload your assets or if you are a buyer you can also buy it on the Bazar marketplace.

In short, permaweb digital assets can be sold and exchange in the marketplace. And this would give you a good standing while the artists are compensated and on the consumer level you would not feel anything.

This is a good progress on the Arweave permaweb for the Digital assets and the marketplace on the chain!