Nft marketplace development platform

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Nft marketplace development platform

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  blockchainx

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• build an NFT marketplace?
• The growing interest people show in NFT trade
  makes entrepreneurs wonder how to create an NFT
  marketplace and make it a profitable business.
  Having a well-thought-out plan increases your
  chances of success. 
• how to conquer this profitable market.
• Step 1. Define your audience and niche
• Step 2. Take precautions against common threats
• Step 3. Consider the UX/UI design of your future
  NFT marketplace
• Step 4. Define the required functionality
• Step 5. Choose the NFT marketplace development
  approach
• Step 6. Find a development team to build your NFT
  marketplace app
• Step 7. Release an MVP first
• Step 8. Launch a fully-featured NFT marketplace
  website

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• Business models
• How do NFT marketplaces development make money?
  Lets take a look at the most popular
  monetization strategies adopted by the most
  popular NFT marketplaces.
• Listing fees the NFT platform charges sellers
  for posting (listing) their digital items.
• Transactions processing charges the marketplace
  takes a certain percentage from each transaction
  on their platform. For example, OpenSea charges a
  service fee of 2.5 for each sale.
• Initial setup fees the NFT marketplace charges
  content creators to list their first non-fungible
  token.
• Bidding charges buyers pay a particular fee for
  bidding successfully for a digital asset they
  want to acquire.
• Affiliate programs some NFT trading platforms
  may introduce specific affiliate programs for
  their partners. 

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• Key statistics
• Exciting statistics about the NFT market listed
  below explain why entering this lucrative domain
  seems like such a good idea.
• NFT sales reached 4.48 billion in January 2022.
• Non-fungible token trading volume increased by
  704 between Q2 and Q3 of 2021.
• The number of unique sellers has grown from
  27,963 in January 2021 to 759,145 in January
  2022. At the same time, the number of unique
  buyers has increased from 29,581 in January 2021
  to 910,611 in January 2022.
• The number of crypto wallets trading in
  non-fungible token marketplace has risen
  dramatically as well, from 545,000 in 2020 to
  28.6 million in 2021.
• The most precious NFT item was sold for 91.8
  billion.
• The first tweet by Jack Dorsey, Twitter founder,
  was sold as an NFT for 2.9 million.

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WEBSITE https//www.blockchainx.tech/nft
-marketplace-development MAIL
contact_at_blockchainx.tech COMPANY
BLOCKCHAINX