We live in fast-changing times. Almost every asset is being sold as a Non-Fungible Token (NFT) these days. Artwork, fashion accessories, films, gaming assets, photographs, source codes, sports goods, trading cards, and videos are fetching millions of dollars through auctions. It is quite stunning that crypto collectibles have a market capitalization of $18.57 billion.
Moreover, the demand for NFTs is increasing day by day. Currently, it has a daily trading volume of $3.57 billion as per CoinMarketCap. Hence, entrepreneurs can own a lucrative business by obtaining a White-label NFT Marketplace. It will take care of buying and selling crypto collectibles, conducting KYC/AML verification, payment processing, and storage of assets in digital wallets.
What are the various solutions offered by a White-label NFT Marketplace Development company?
Industry-specific White-label NFT Marketplaces
Cryptopreneurs can get hold of industry-agnostic online platforms for selling digital collectibles. They can choose from sectors like e-commerce, entertainment, gaming, music, real estate, social media, software, and sports.
Integration with digital wallets
Just like how people keep cash safely in a purse, precious NFTs need to be stored in software wallets. A White-label NFT marketplace will allow buyers to back up their crypto collectibles in multiple wallets.
All these wallets are safeguarded by end-to-end data encryption and private keys. For example, they can select between Binance Chain Wallet, Coinbase Wallet, Dapper, Fortmatic, MetaMask, MyEtherWallet (MEW), Portis, Solana SPL Token Wallet, Torus, Trust Wallet, WalletConnect, and WalletLink.
White-label clone solutions
Entrepreneurs can become a sensation in the crypto industry by purchasing white-label NFT marketplace solutions. They can obtain clones of popular platforms like Axie Infinity, Bitski, CryptoKitties, CryptoPunks, Decentraland, eBay, Gods Unchained, Meebits, NBA Top Shot, Polka City, Solible, Sorare, SuperRare, WazirX, and Xcad Network.
What are the numerous revenue streams from a White-label NFT Marketplace?
Entrepreneurs can mint income regularly by owning a ready-made NFT Marketplace solution. They will pocket revenue from auction fees, bidding charges, a commission on the primary and secondary sale of digital collectibles, gas fees, listing charges, minting fees, publishing of targeted advertisements, registration charges from content creators, and transaction processing fees.
Moreover, they can earn extra income by selling numerous crypto collectibles in a single auction. Further, cryptopreneurs can sell NFTs of famous artists and celebrities via a private auction
Wrapping Up
Unquestionably, NFTs have brought more power and value to the hands of content creators. They can command a high price for their own work. Importantly, crypto collectibles offer plenty of advantages like decentralization, immutability, rarity, and transparency.
Hence, become a big player in the new financial world by joining hands with a White-label NFT marketplace development company. Get ready-made NFT Marketplace solution now and be a trailblazer in the crypto sector.
