The gravitation towards the digital world has maximized the usage of cryptocurrency. Many fundraising models and crowdfunding platforms were developed to increase the profit yield for business entities. The most popular type of fundraising model is Initial Coin Offering (ICO). In this model, the user rewards the investor with a crypto token for funding the platform. Initial Coin Offering and Initial Exchange Offering are the two most commonly adopted fundraising techniques by business models. The high demand for decentralized platforms due to the popularity of cryptocurrencies has given rise to non-fungible tokens. The non-fungible tokens have been the gamechanger in the business world, where all business models are interested in developing NFTs. Due to the high demand for NFTs, many development companies have devised a strategy to combine NFTs and crowdfunding platforms together. This platform is known as the Initial NFT Offering model. At Infinite Block Tech, we have the required resources to develop a crowdfunding platform like Initial NFT Offering for our customers.
Concept behind Crowdfunding
The idea of crowdfunding revolves around the concept of raising funds for different business reasons. In general, a crypto project will be available on the interest, and anyone interested in contributing to the project can participate and invest in those projects. Many crypto entrepreneurs and budding startups use this trend and generate initial-stage support for their business ideas.
The most famous fundraising model available in the crypto universe is Initial Coin Offering that has heavily inspired the rise of other productive fundraising projects like Initial Exchange Offering, Initial Decentralized Exchange Offering, and more.
Initial Non-Fungible Token Offering aka INO is the latest addition to the fundraising method that was solely designed for decentralized platforms and is seen as a better strategy in the sight of many crypto experts who have prior experience in the field.
What Is Initial NFT Offering?
Initial NFT Offering or Initial Staking NFT Offering is a new type of crowdfunding platform, where the non-fungible tokens are sold at the crowdfunding platform for a certain period of time. These NFTs are backed by a native cryptocurrency. The token holders can burn the NFTs and unlock the cryptocurrency from them. These non-fungible tokens can be artwork collectibles, music files, audio files, or trading cards.The Initial NFT Offerings simplifies the selling process of developers and digital artists. Initial NFT Offering allows partaking investors to benefit from fundamental supply scarcity of NFTs. When the NFT market matures, INO rises as an answer to incentivize and reward investors and communities.
Why Use NFT as a Fundraising Model?
Recently, these Initial NFT offers have gotten a lot of attention. As previously stated, NFTs are seeing widespread acceptance as a result of numerous new supporters entering the market. This exposure explains the rising number of NFTs, which coincides with an increased push in INOs, which provides the NFT market with a plethora of benefits like:
- They’ve cut transaction costs while increasing financing returns.
- Customers that use INOs with unique features are more likely to spend less for transactions.
- Reduced transaction fees are a boon to innovators and developers since NFT products assist to keep transaction prices low.
- The more significant budget returns are linked to the limited transaction expenditures.
- Initial NFT Offerings offer traders a competitive edge due to the NFTs’ intrinsic scarcity.
Our Initial Non-Fungible Token Offering Platform Benefits
- High Investment Returns
The NFT holder experiences high investment returns when there is a rise in the trading volume of the NFTs.
- Fewer Transaction Costs
Since the crowdfunding platform is developed on a decentralized exchange platform, the transaction cost is less. Both Investors and creators benefit from the feature.
- NFT Lending
NFT lending protocol is integrated with this crowdfunding platform, as interests are added to the NFTs for the investors. The investors can lend the assets to the borrowers for a certain period of time and gain an extra source of income.
- Purchasing Of NFTs At Ease
Non-fungible tokens are purchased easily as they provide partial ownership to the investor. By this method, even a small-scale investor can earn a high profit with less involvement of risks.
- Instant Launch of NFT Projects
INO permits users to issue limited edition NFTs in an effortless manner. People with no great knowledge about NFT space also can be benefited with Initial NFT Offering. Digital artists see this offering as a Godsend blessing as it helps them to raise funds for projects with the support of INO.
Our Main Features Of Initial NFT Offering Platform
Our crowdfunding platform also functions as a launchpad for digital content creators, like an artist, musicians, gamers, etc. It helps content creators monetize their digital work, and it targets the appropriate audience by offering fractional ownership of the non-fungible token.
- Peer-To-Peer Marketplace
Our peer-to-peer networking feature simplifies the purchasing, selling, and trading of non-fungible tokens in the marketplace.
- Optimized Earning Program
Our platform enables different staking and farm-yielding programs, in order to raise more income and monetization for the investors.
- Decentralized Exchange
Our decentralized exchange platform is developed based on the functionality of Automated Marketing Maker (AMM). The investors invest their crypto token in the liquidity pools and these liquidity pools are managed by liquidity providers.
- Integration NFT Marketplaces
Our crowdfunding platform has the ability to integrate with multiple NFT marketplaces at ease.
Why Hire Infinite Block Tech To Develop Initial Staking NFT Offering Platform?
Infinite Block Tech is a pioneering crowdfunding platform development company in the crypto space. We have developed many crowdfunding and fundraising platforms in the past. Thus, we have the required technical expertise to develop a crowdfunding platform like the initial NFT offering. Our knowledge and experience in the field of non-fungible tokens are unparalleled. As the craze for NFTs and cryptocurrencies is increasing day by day, many new advancements are happening in the digital space much to the delight of crypto fanatics. Initial NFT Offering facilitates NFT liquidity, simplifies the process of listing, and offers a user-friendly experience to users. Thus, we ensure to provide a complete crowdfunding platform that elevates your business entity to the next level. The features we integrate into our platform are top-class and they are integrated with the purpose of delivering a world-class experience to our customers. Our primary focus is to guide the customer with the required guidance in developing the platform and also after developing the platform by providing quality nft marketing services. To avail of our top-notch crowdfunding development services, reach us soon!