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NFT Marketplace - A Legit Revenue Generation Model

Create a customized marketplace with attractive and advanced security features that offer a super-cool trading experience to users across the globe. We provide top-class NFT marketplace development services that suits your business expectations. Team up with us and step into this massive revenue-generating business model right away!

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.

Our NFT Marketplace Development Services In Different Fields

Listed below are the top platforms in which we provide NFT development services.

Different Types Of NFT Marketplaces Available

Due to its immense popularity, numerous NFT marketplaces are introduced in the market, each with distinct functionalities. The common categories of NFT marketplaces are given below.

Open Platform

Open platform marketplace provides users the freedom of trading, and users can trade any form of digital assets in the marketplace. For example, music files, audio files, video files, domain names, etc. OpenSea and Rarible are popular open marketplaces.

Rarible

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

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.

Exclusive Platform

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

SuperRare is a marketplace that is integrated with a social media networking platform. It provides P2P networking and is created on Ethereum. It is used for trading digital artwork collectibles, and the transactions are done using Ether.

Nifty Gateway

Nifty Gateway was created with the goal of making the trading of artwork collectibles accessible to the general audience.

Foundation

Foundation was developed to function as a digital art trading platform, and It is a creator-first NFT platform.

Zora

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.

Open Protocol

The open protocol 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

KnownOrigin is an artist-centric marketplace. It 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 platform highly scalable and efficient.

AtomicMarket

AtomicMarket is a distributed liquidity 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

MakersPlace is an NFT platform that trades digital art collectibles. This platform 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 platform; an auction is placed or a fixed price sale is initiated.

Mintable

Mintable is a NFT platform 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 and 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

Async art is an exclusive NFT platform 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

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 gaming marketplace is the center of attraction for online gamers on a global scale.

V.cent

V.cent is an NFT platform 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

NBA Top Shot is an exclusive NFT platform that was built by Dapper Labs. This platform 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.

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Features Of Our NFT Marketplace Development Platform

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

Interoperability

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.

Controllability

NFT Marketplaces are similar to decentralized exchanges, and they are completely programmable. At the present time, these platforms are designed by the NFT development company with more complex mechanics such as crafting, redeeming, forging, etc.

Scarcity

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.

Tradability

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.

Liquidity

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.

Standardization

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.

Ownership Rights

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.

Authenticity

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.

Extensive Rewards

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.

Trading All Types Of Digital Assets

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.

Compatible Blockchain

There are numerous NFT platform development services 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 R&D team is one of the best in the crypto space. We perfectly craft the NFT platform with customizable features and compatible blockchain technology based on the requirements of the clients.

NFT Platform Package

NFT development cost estimation with a wide range of futuristic upgrades.

Development Services Basic Advanced Multichain NFT Platform Premium Multichain NFT Platform
NFT Token Development (ERC721 & 1155)
LaunchPad
Marketplace
Collectibles(Art, Music, Video)
Explore
Filters
Share
Rankings
Admin Portal
Ethereum/ BSC/ Polygon Any one Any Two Multi-chain - Support
Wallet Integration Meta mask Trust wallet, fortmatic wallet, myether wallet- anyone Metamask and Wallet Connect which connects more than 100 wallets
Decentralized Centralized or Decentralized
Bids open Auction & Instant Buy Different Types of Auction
Multi-language Only one Upto 5 languages
Marketing Services

Add ons- (Any Two)

  • Lazy Minting
  • Drop
    • Timed Auction
    • Reserved Features
    • First Come First Serve
  • Fiat Integration (Only one)
  • Own Token Development with Integration
  • Split Royalty
  • NFT Packs
  • Import NFT’s
Any Two
  • Physical product delivery API
    Integration
  • NFT Staking

Our Expertise In NFT Marketplace Development

Infinite Block Tech offers meticulous services that will give you a clear idea about our NFT marketplace development services.

  • Our NFT Platform is invulnerable to all types of cyber-attacks.
  • Utilization of a wide range of blockchain technologies, such as Ethereum, Binance Smart Chain, Polkadot, etc.
  • A stable amount of assurance is provided to the NFT marketplace.
  • Highly customizable and crafted with all the required specifications.
  • An optimized level of guidance and technical support is provided.

Our foremost priority is to make you the frontrunner in the NFT race by implementing our extensive beneficial features and technical expertise in the NFT platform.

NFT Marketplace Development

Build Your Own NFT Marketplace Platform With Us

Why Choose Infinite Block Tech?

  • We are the leading blockchain service provider in the USA.
  • A versatile portfolio of contented clients across the globe.
  • We are a crew of adept professionals who have hands-on experience in blockchain and NFT.
  • Round the clock support to solve the queries on the development services.
  • We deliver our projects on time without compromising on the quality and quantity.
  • A wide range of customizations to make the end-product in-line with all your requirements.

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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