# Code Marketplaces and Auctions

The IP Commons provides a decentralized marketplace for buying, selling, and licensing code NFTs, using automated market makers (AMMs) and auction mechanisms. Developers can list their code NFTs for sale or rent on the marketplace, specifying the pricing, duration, and terms of the offer.

Buyers (dapps wanting to build on Flex) can browse and purchase code NFTs using FLEXE tokens or other supported cryptocurrencies, with the transactions being handled by the IP Commons' smart contracts. The purchased code NFTs are automatically transferred to the buyer's wallet, along with the associated access rights and permissions.


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