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NFT Marketplace - A Legit Revenue Generation Model

Developing your own NFT marketplace opens up your portal to having your business running, fueled by the ever-growing NFT craze spreading all over the world. Your investment in the NFT marketplace development unlocks your potential to earn from every trade that happens on your platform and for every NFT listed!

Infinite Block Tech is a world-class NFT marketplace development company that brings you a holistic and complete NFT marketplace packed with remarkable features that converge the best of an impressive front-end, robust back-end, cross-chain and multi-chain compatibility, multi-blockchain compatibility, and a lot more.

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Our Step-by-Step NFT Marketplace Development Process

01

Determine your Product Niche

The first step in the process of shaping your own NFT marketplace is to decide the product niche. You can either stick to a marketplace model that exclusively concentrates on a particular domain (Eg: only art) or the model that features mixed domains (Eg: art, sports, games, collectibles, etc.).

02

Market Research & Competitor Analysis

Once the niche is fixed, you can work on market research to know more about the target audience and their behavior in similar business models. It is also imperative to analyze the competitors in the market to understand the business. Additionally, token protocol, tech stack, revenue system, and other parameters are fixed in this stage.

03

UI/UX Development

User interface and experience are the significant metrics to take utmost care of. This is because your NFT marketplace should bestow a seamless NFT trading experience overall and must enable even a newbie in the crypto realm to buy, sell, or trade NFTs effortlessly. User-friendly navigation, easy uploading of files, and all-inclusive listing insights are some of the areas to work on.

04

Front-End and Back-End Development

This is the crucial phase for developers as both front-end and back-end developers will collaborate to complete the model. Each blockchain network will have its own token standards, and it must be developed accordingly. All the blockchain-based tasks, smart contracts and crypto wallet integrations, and auction portal developments are some of the milestones covered in this stage.

05

Product Testing

This is the part where QA engineers join the journey. Once the development of the application is completed, the next stage would be testing. Here the platform would be subjected to various tests, including security tests, installation tests, functionality tests, load tests, etc. Once the software secures good grades, it will be moved on to the next phase. The storage platforms for NFTs will also be finalized.

06

Product Deployment

This is the final phase of the development. If testing gives a green signal, then the application will be deployed in the cloud. That's it, you are done. Now, you have to focus on marketing to promote your brand's visibility worldwide.

Features Of Our NFT Marketplace Development Platform

The NFT Marketplace features we provide in Infinite Block tech are listed below.

Interoperability

Our NFT marketplace development solutions ensure that your NFTs can be floated and traded across multiple blockchains. Let blockchain's never block your quest for exploration!

Security

As an NFT marketplace development company, we're uncompromising on the standards of security we provide... both for your assets and your funds. Our encryptions and access-gates do it for you!

Scalability

Be it a micro NFT marketplace operating with a few hundred collectors and creators, or be it a global NFT marketplace with traffic and trades in millions, our NFT marketplace development services handle it all!

Multi-Currency Support

NFTs are slowly getting their much-deserved legal endorsement. Our NFT marketplace development services provide you the flexibility to trade and transact in a variety of crypto and fiat currency.

Multi-Standard Accommodation

Be it super-exclusive ERC-721 NFTs or the extremely limited ERC-1155s, our NFT marketplace can help you accommodate all token types, and that too, with complete control on counts and trades.

Flexibility To Extend

Our NFT marketplace development solutions ensure that your NFT marketplace can seamlessly integrate with other ecosystems like metaverses, NFT galleries, NFT P2E Games, and anything else!

In-Built Tools & Analytics

Easily view your most popular & most viewed NFTs. Get a bird's eye view of your NFT marketplace ecosystem with our advanced and actionable analytics for your NFT marketplace.

Marketing-Ready Platform

Be it simple social sharing enablement or user-notifications for vital events or creation of a display-category of your hottest selling NFTs, our NFT marketplace can support it all!

Why NFT Marketplace Development With Us?

Infinite Block Tech - A Top NFT Marketplace Development Company, has compelling reasons why you should choose us as your tech partner!

  • A Team That Brings Complete Technical Expertise
  • Compliant with Highest Standards of Security
  • User-Centric & Community-Focused Features
  • Multi-Blockchain, Multi-Currency Support
  • Readily Available Tech-Support For Resolutions
  • Dedicated Team To Onboard You Seamlessly
  • Track-Record Of Multi-Domain Success

At the end, more than our technology, security, and design, what delights us more as an NFT marketplace development company is your sense of satisfaction in the features and our perfection in complying with your timelines and exceeding your expectations.

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FAQ

Why not? You can build your own marketplace in just a matter of the next few days. Infinite Block Tech is a pioneer in NFT marketplace development and will make your job really easy.
An NFT marketplace is a platform where creators and buyers meet. The marketplace enables users to buy, sell, bid, trade, and hold NFTs seamlessly and securely without any complexities.
The following are the business benefits of developing an NFT marketplace with Infinite Block Tech.
  • Affordable price
  • Remunerative Business Model
  • Global Traction
  • Brand Partnerships
  • Almost Nil Maintenance Required
The simplest way to build your own NFT marketplace is to hire an experienced NFT marketplace development organization like Infinite Block Tech. We guide you through a step-by-step process, right from determining your product niche to the product deployment stage.
We would love to answer this question, but not all the NFT marketplace development costs the same. It totally depends on the features and functionalities you choose.
We provide a wide range of marketplaces, including
  • NFT Marketplace for Arts
  • NFT Marketplace for Sports
  • NFT Marketplace for Games
  • NFT Marketplace for Music
  • NFT Marketplace for Collectibles
  • NFT Marketplace for Fashion
  • NFT Marketplace for Real Estate
And the list goes on. Check our website to know more.
The revenue model of the NFT marketplace is crucial. You can generate income from various sources, such as transaction (trading) fees, listing fees, minting fees, and other miscellaneous fees.
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