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With the support of an experienced development team, you can create an NFT marketplace with any functionality from scratch. While this option will cost you more, it has many benefits. At the very least, you are not limited by the capabilities of the SDK. You can implement any features you want and create a more sophisticated solution that will help you stand out from the competition and attract more customers.

The custom development process for the NFT marketplace consists of the following steps:

Step #1: Define your niche

To increase your chances of success, it is better to bet on a vertical market rather than a horizontal one. Horizontal market suppliers sell everything to everyone. Vertical market service providers specialize in providing services or products that meet the needs of a specific target group. In other words, instead of trying to sell a lot to many like Amazon and Bonanza do, focus on a specific set of products or services.

Step #2: Choose user roles

Commonly, NFT marketplaces have three user roles. They are artists, buyers, and administrators.

Step #3: Project specification

The site development stage begins with project documentation. While it may seem like a boring and repetitive task, detailed documentation will save you a lot of time and money down the road. If you are hiring full-time tech specialists, this is not that important. But if you choose to manage a remote development team, documentation becomes an important roadmap.

Step #4:The development stage

This is the stage in bringing your idea to life. Choosing the best framework for their project, dedicated software developers implement all the necessary functions on the client-side. The main task here is to ensure fast platform operation, good performance, and reliability.

Step #5: Implement smart contracts token generator

The back-end is the logic of your platform. When designing an NFT marketplace, this step will be different from a similar standard custom design step. The fact is this web app is a decentralized platform, so most of the data is verified on the blockchain. For example, Ethereum allows the network to run certain scripts to make the application decentralized, so most of the internal logic is passed on to the decentralized part.

Step #6: Test and deploy

Never skip this step. Finding and fixing bugs quickly ensures your product is ready to launch. Additionally, software testing helps ensure that your platform is performing as expected and meets the original project requirements. Remember that a properly tested software product provides reliability, security, and high performance.

Read more: https://code-care.com/blog/how-to-build-an-nft-marketplace/

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