How does an NFT Marketplace work?

The user has to upload the digital asset into the marketplace, after the uploading process, the minting process takes place, as the digital asset is converted into an NFT. After the minting process, the user is granted the option to add a description to the newly minted NFT. After adding a description to the NFT, it is listed on the platform for purchasing. The buyer can purchase the chosen NFT through the respective cryptocurrency of that blockchain. The user can also buy NFTs by initiating an auction on the platform.