NFT MARKETPLACE DEVELOPMENT
Building a comprehensive, secure, trustworthy, and blockchain-backed NFT marketplace to tokenize all real-world and digital assets.
The growing popularity of NFTs has led to the need for a digital space to support the trade of non-fungible tokens. NFT marketplaces are trading platforms where users can buy and sell these unique assets. Launching a dedicated marketplace for non-fungible tokens is a lucrative opportunity for businesses interested in the crypto space. NFT marketplaces come in different forms - users can create, sell, and buy all types of tokens; the marketplace is limited to the sports industry; space for game collectibles, and more.
Blockchain Firm provides enterprises with top-notch NFT marketplace development services to build a robust and responsive platform. We ensure that the platform is integrated with advanced features similar to a crypto exchange, including the option for users to create NFTs directly on the platform. We also provide services to customize an existing crypto exchange and integrate the NFT marketplace into it.
We provide enterprises with an excellent suite of services required to build a dedicated marketplace to create, sell, buy, send, receive, transfer, and upgrade non-fungible tokens. Since NFTs are primarily developed using ERC-721 token standards, we ensure that the marketplace is built on the Ethereum blockchain. In our NFT-specific marketplace, users are allowed to buy and sell only non-fungible tokens.
Do you have a crypto exchange and want to integrate the NFT marketplace into it? It’s possible! Our blockchain professionals can help you with coupling a reliable & secure NFT marketplace module into your existing cryptocurrency exchange software without disturbing the platform’s original working flow. With an integrated platform, you can offer your users various services in one place and increase your profits.
We provide reliable NFT wallet development services to build a secure & scalable wallet to store and access all your non-fungible tokens. Our wallet comes with excellent features that allow you to send, receive, deposit, withdraw, transfer, and upgrade the tokens seamlessly. We also provide wallet integration services to customize an existing wallet to be compatible with the ERC-721 token standards.
An NFT marketplace has features similar to a cryptocurrency exchange platform. But the working model is different. In a crypto exchange, users place buy or sell orders, and the trade engine matches the orders automatically. Whereas in an NFT marketplace, users create their unique NFTs and auction them. Interested buyers bid for the auctioned token, and when the conditions are met, the order is executed successfully.
Create an account on the NFT marketplace with KYC verification and link your existing Ethereum-based wallet.
Develop an NFT from scratch with smart contracts or create a replica for an existing physical or digital asset.
Put the NFT for auction along with details like selling price, min. bidding amount, royalties, & other attributes.
Buyers bid for the NFT during the stipulated time. (the bidding amount may vary according to the buyer’s preference)
Whoever bids the NFT for the highest price receives the token, and the ownership rights are transferred through smart contracts.
Our all-powerful Trade Matching Engine offers a smooth & seamless trading experience for the users. We have strategically integrated diverse algorithms into the platform to ensure the trade engine’s reduced latency and automatic matching of trade orders.
Never get doomed or cheated by fake sellers. Our KYC standards are international, and there is no room for counterfeit tokens, fake resellers, and unauthorized copies. We monitor the platform round-the-clock to make sure no illicit trades take place.
We have got assistance from blockchain-powered smart contracts to transfer ownership rights automatically when an NFT is traded. Smart contracts are automated programming codes, and no third parties can modify or delete the data verified by them.
Our marketplace is borderless - all the users can connect with peers worldwide. We have added standard international guidelines to the platform and KYC services to protect your tokens & personal data from falling into the wrong hands.
Users on our marketplace can also connect with their preferred parties through the P2P feature. Our blockchain professionals have implemented the best-in-class escrow services, and so both buyers and sellers need not worry about their tokens or funds getting lost.
Our NFT marketplace focuses on providing the governance and decision rights to our platform’s users, thereby transforming into a Decentralized Autonomous Organization or DAO. With the power in their hands, users can contribute towards the platform’s upgrade.
Hire our team of blockchain professionals to work dedicatedly on your NFT marketplace development project. Our blockchain team includes research experts, developers, designers, testers, and marketers. All our executives have proficient knowledge of blockchain & cryptocurrencies, and they provide innovative and trustworthy solutions for your project.
Our blockchain professionals collect your requirements and analyze them to come up with the best possibilities. After that, both teams will work on conducting a product feasibility study.
Our experts then do thorough research to identify the risks associated with the project. Next, our team clearly defines & documents the requirements and plans for your approval.
The actual development begins now. Our blockchain developers perform everything in an organized manner, and also they make sure that the product is built with advanced features.
We test the product in diverse environments to ensure that there is no room for bugs & errors. After a demonstration, we help you to release the product for User Acceptance testing.
We analyze the feedback, and if you approve, our team makes the suggested improvements and assists you with the launch. We also provide maintenance services post the release.