I am very new to Cardano and also a fan of NFTs. Today, I went over the most recommended NFT website (cnft.io), created an account and did some test on the platform. But what concerns me is the decentralization level of the approach. As I understand, to buy an NFT token, there are basically 3 steps.
- When I hit the Buy button, there displays an address (I named it “designated address”) and asks me to send ADA to this address. So in this step, the Buyer sends some ADA to the “designated address”
- The Seller sends the NFT to the “designated address”.
- Finally, the NFT is send to the Buyer, and the ADA is sent to the Seller from the “designated address”.
So my question is, who has control over the designated address, or specifically, who owns the designated address?