The digital world has been experiencing plenty of changes in the last few years and nothing has stopped the influence of non-fungible tokens that have been administered to the digital space. Everything has changed ever since the inception of NFTs. From businesses that deal with art to businesses that deal with real estate; NFTs have transposed these industries into a revenue-generating platform. That’s why it would be the right time to indulge yourself in the world of non-fungible tokens.
There are a wide array of blockchain development companies that have joined the NFT race, but nothing has come closer to catching up to our development company, Infinite Block Tech. We are certified to provide the best development services to your platform and convert your ideas into something that is beyond dimensions. Before we could get on the NFT bandwagon, it is necessary to have a clear understanding of how this innovative platform works and why it is deemed to be the future of digital technologies.
Non-fungible tokens have paved the way for artists, musicians, real estate developers, common individuals, and much more to depict their talents on the grandest stage. NFTs have been life preservers for individuals that dedicate themselves to creating something astonishing. It made it easier for creators to submit their talent and work at a global scale and deserve the recognition that is due. These beneficial factors have gradually built up and architected themselves into a tower of revenue and profits. Therefore, hire us, and create your own NFT marketplace to unlock the doors for a seamless revenue stream.
NFT marketplace platform offers attractive characteristics that attract upcoming investors to kick start their dream business now.
The NFT marketplace development platform allows the users to trade and list any kind of digital collectibles like art, music, video, etc., in the form of non-fungible tokens.
Non-fungible tokens are of various types that hold unique functionalities and high-end features. NFT platform turns out to be the best trading platform for users to trade and purchase NFTs.
The NFT marketplace needs to be more liquid to facilitate the trader's and users' trade on the NFT collectibles. The user can obtain instant funds on keeping the NFT collectibles as collateral.
The users who pay a visit to the NFT marketplace behave as pre-determined audiences for the non-fungible tokens.
Our marketplace promotes non-fungible tokens by scouting every business opportunity that is available.
The integration of multi-chain in our platform significantly maximizes the trading of NFT as they bring in users from other chains.
The NFT marketplace furnishes you with the option to mint NFTs and import them directly from the crypto wallet as well.
Our NFT marketplace functions as a mode of verification and authentication of NFTs as well, because of the ability to trace back the identity of the buyer.
The listed below are the common NFT development services we provide in Infinite Block Tech.
NFT for art tokenization
NFT for memes
NFT for games
NFT for the fashion industry
NFT for sports
NFT for real estates
NFT for fantasy sports
NFT for music
NFT for videos
Due to its immense popularity, numerous NFT marketplaces are introduced in the market, each with distinct functionalities. The common three categories of NFT marketplaces are given below.
Rarible marketplace is similar to all marketplaces, it is also built on blockchain technology that secures digital assets in the blockchain. It uses its own ERC-based governance token called RARI, which enables the users to vote on multiple platforms.
OpenSea is the first marketplace platform that was developed in 2018. OpenSea is the most commonly used marketplace by the audience in the digital world. Since it is an open platform, any type of non-fungible tokens can be traded, sold, and bought.
In Exclusive platforms, only a selected group of digital collectibles can be bought and sold. The most popular and commonly used exclusive marketplaces are SuperRare, Nifty Gateway, and Foundation.
SuperRare is a marketplace that is integrated with a social media networking platform. It provides P2P networking to the NFT marketplace. It is created on Ethereum. It is used for trading digital artwork collectibles, and the transactions are done using Ether.
Nifty Gateway is also known as Nifites, is a popular NFT marketplace. Nifty Gateway was created with the goal of making the trading of artwork collectibles accessible to the general audience.
Foundation was created in February 2021, and it has been a huge success. This NFT marketplace is developed to function as a digital art trading platform, and It is a creator-first NFT platform.
Zora is an open protocol that is built on the Ethereum blockchain. It is built with a market that consists of a transparent pool of bids. The marketplace creator can select a fixed rate of the bid, which is the recommended rate that initiates the execution process.
The open protocol is a type of open system that is associated with NFT marketplaces. It concentrates on forming a wider audience and network effect by initiating transactions in NFTs. Zora is a common example of this type of platform.
KnownOrigin is an artist-centric marketplace. This marketplace runs on the Ethereum blockchain which makes it simple for users to trade. This NFT marketplace functions towards providing a perfectly unique digital asset that is genuine and rare. The Ethereum blockchain network makes this NFT marketplace platform highly scalable and efficient.
AtomicMarket is a distributed liquidity NFT marketplace. Just like every other NFT marketplace, it is built on a blockchain network. This platform enables users to trade all types of digital assets. The unique feature of this platform is to enable users to sell their own NFTs for sale and also explore the existing NFTs at the same time.
MakersPlace is an NFT marketplace that trades digital art collectibles. This marketplace also allows artists to sell their digital art infractions each day until it completes the final picture with the help of blockchain technology. The selling process functions like every other marketplace; an auction is placed or a fixed price sale is initiated.
Mintable is a NFT marketplace that has similar features to eBay. It is a two-sided market that is used for buying and selling digital assets. It only supports MetaMask. This marketplace allows the digital creators to mint their digital assets like audios, image files, and arts into non-fungible tokens without requiring any technical expertise.
Async art is an exclusive NFT marketplace that trades digital art collectibles on blockchain technology. There are two core components in the platform; layers and masters. The layers are the fractional elements of the master which build up the complete image. The master is the combination of layers that transforms into a digital art.
Axie Infinity is a combination of a virtual game and an NFT marketplace. This is a unique platform that has the potential to reach great heights in the future, and it is at a great rise because of its ability to be active over numerous continuous months. This NFT marketplace is the center of attraction for online gamers on a global scale.
V.cent is an NFT marketplace that trades non-fungible tokens that represent tweets from Twitter. This platform is used for digital creators, influencers, and users to mint their unique non-fungible tokens seamlessly. There are three primary components that power up this platform; minting, offers, and sales.
NBA Top Shot is an exclusive NFT marketplace that was built by Dapper Labs. This marketplace trades non-fungible tokens that are only related to the NBA league. This platform is built on a blockchain called Flow. It is specifically designed for managing multiple transactions at the same time with high speed.
The NFT Marketplace features we provide in Infinite Block tech are listed below.
NFTs follow the ERC standards like ERC-721 and ERC 1155 token, which allows communication between multiple environments. When a fresh project is executed in the form of NFT, it becomes visible instantly for the wallet holders.
NFT Marketplaces are similar to decentralized exchanges, and they are completely programmable. At the present time, NFT marketplaces are designed by the NFT marketplace development company with more complex mechanics such as crafting, redeeming, forging, etc.
NFT marketplace developers can write programming codes that can restrict programmatically that a specific number of digital assets can be created within the marketplace. This increases the value of the creation.
The interoperable functionality feature in non-fungible tokens initiates the trading of NFTs in multiple ecosystems and marketplaces. This enables the token holders to enjoy an incredible trading experience.
The instant tradability function allows the users to experience higher liquidity. Non-fungible tokens can be held as collateral for liquid cash or another version of crypto tokens for immediate distribution of cash.
TThe developers create common, inheritable, reusable standards that are relevant to all NFTs due to the contribution of NFTs to public blockchains. These include basic primitives as transfer and ownership to control the item the user tokenizes.
The act of getting involved with counterfeit products is always a fearsome experience. It has led digital audiences to lose their trust in purchasing digital products and services since everyone wants their product to be authentic and unique. This is where NFT comes into play; non-fungible tokens provide ownership authentication to the buyer once the digital product has been purchased. Ownership of the NFT is completely secured and it is immune to hacking; this is all possible because of our seamless integration of blockchain technology on your NFT platform.
The authenticity of any physical and digital product lies in the rarity of a certain product. Everyone loves to own something that is unique and uniqueness derives from the concept of rarity; the rarer the digital asset, the more unique it is. Uniqueness and rarity are the components that make NFTs special. It perfectly attracts audiences by analyzing what they supposedly need. The rarity of the NFT decides the market value. The maintenance of rarity is dependent on the programmers as they limit the production of NFTs to a certain limit.
Rewards are always part of any cryptocurrency application. The NFT also circulates around the sector of rewards. There are various DeFi protocols, which we implement in our marketplaces for you. From NFT loaning to NFT renting, we have covered all. The most primarily used DeFi protocol would be the NFT loaning protocol. It enables users to loan their NFT for temporary liquidation and it has proven to generate enormous incentives and rewards for the business. And there are other impressive DeFi protocols available for your NFT marketplace.
There are various types of NFT marketplaces in the digital space. There are platforms for all categories of NFTs and there are some platforms for only exclusive categories. We create all types of marketplaces for you. Non-fungible tokens are popular for their representation of the abundance of assets, such as image files, videos, GIFs, trading cards, digital art collectibles, real estate, domain names, etc. We keep the current knowledge of these types of digital assets and develop a platform that can trade all types of digital assets or exclusive types, which is completely dependent on the user.
There are numerous NFT marketplaces that have been dominant in the digital space for a while. This dominance is the result of using compatible technologies and intense research of the current market. Our NFT marketplace is very similar to the marketplaces out there in the digital market but much better because of our research and development team. Our R&D team is one of the best in the crypto space. We perfectly craft the marketplace with customizable features and compatible blockchain technology based on the requirements of the clients.
The listed below are the common NFT development services we provide in Infinite Block Tech.
At Infinite Block Tech, we furnish you with aesthetically crafted NFT development services. Our NFT development company has a stellar reputation as one of the best in the crypto space. Our expertise in the NFT domain expands in a wide range of technological fabric with specialized NFT features. Security, the most important feature in any platform, can be digital or non-digital, it is as important as the blockchain of the digital platform. We offer a seamless security protocol that is invulnerable to any type of cyber-attacks, thus, making your NFT marketplace an invincible platform.
Our expertise in this domain always stands out from the rest of the companies in the crypto space because of one component, blockchain technology. We have the flexible skill of offering a wide array of blockchain platforms to your NFT marketplace. The most implemented blockchain platform is Binance Smart Chain, Ethereum, EOS, Polkadot, TRON, Matic, and much more to the plate.
These salient features and benefits are just the tip of the iceberg. Our primary competence is established by appointing various product managers to each of our customer’s NFT projects and providing assurance to furnish them with comprehensive support and guidance during the development stage. Our dedication towards customers is unparalleled as we make sure to launch your NFT marketplace at the highest possible care and efficiency. After every implementation of technologies and salient features to your NFT marketplace, our priority comes to the final notion of making you the frontrunner in the NFT race.