Build Your White Label NFT Marketplace in Just 5 Days
The NFT market possesses a total market cap of more than $11.3 billion. This data comes from a report published by Verified Market Research (VMR) which further predicted a compound annual growth rate of 33.7% in the following eight years and a prediction that the NFT space will see its total market cap climb to $231 billion by 2030. (Cointelegraph).
For years, the NFT marketplaces have been all the buzz. A lot of people are now just beginning to catch on and understand their true potential and wider uses. In fact, there has been a growing demand for NFTs over the past few years which is why so many new NFT marketplace development companies are cropping up every day.
The Smart Choice: White Label NFT Marketplace
Creating your own marketplace is one of the most important things you can do for your blockchain business (if you have/want to sell NFTs). You already have a large community of users that trust you and believe in your brand. If you want to do more than just create an average product or service, then creating a white-label exchange is where it’s at.
Building your own NFT marketplace will allow you to focus on building the perfect exchange and not worry about the technicalities of running one.
In this article, we will take you on a journey and provide you with all the information you need to make an informed decision. Whether you’re a seasoned crypto pro or just starting out, you won’t want to miss this informative and exciting read.
How does a White label Solution fit into an industry where established companies like Blur and Opensea are disrupting the market?
Whitelabel NFT marketplace solutions can be beneficial in several ways. Here are 5 reasons to choose a ready-to-deploy marketplace:
1. Customization:
According to a survey conducted by Statista, 58% of NFT buyers are more likely to buy from a marketplace that offers customization options.
Established entities have a fixed set of features and functionalities that may not cater to the specific needs of every artist, musician, or entrepreneur. A white-label solution provides the flexibility to customize the platform as per the business needs and create a unique brand identity.
2. Cost-effectiveness:
According to a research report, the global Non-Fungible Tokens market size is expected to grow from USD 3.0 billion in 2022 to USD 13.6 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 35.0% from 2022 to 2027. (marketsandmarkets.com)
Building an NFT marketplace from scratch can be expensive, time-consuming, and requires a considerable amount of expertise. White-label solutions offer a cost-effective alternative to building from scratch, providing a pre-built platform that can be customized based on business needs.
3. Scalability:
The global research and consulting firm valued the global NFT market at $11.3 billion in 2021 as part of 202-page deep dive into the burgeoning space. VMR predicted that the sector will grow at a compound annual growth rate of 33.7% over the next eight years.
A Whitelabel NFT marketplace can be easily scaled up or down based on your business needs. You can add new features, modules, or integrations as your business grows, enabling you to stay competitive in the market.
4. Increased control:
According to a survey conducted by PYMNTS, 64% of small business owners believe that control over their business operations is essential for their success. With a white-label solution, businesses have full control over their platform, including design, pricing, and other important features.
5. Easy Integration:
According to a report by Statista, the global mobile payment transaction value is projected to reach $5.5 trillion by 2022. As mobile payments continue to grow in popularity, it becomes increasingly important for businesses to have a seamless and secure payment process.
White-label NFT marketplaces that offer easy integration with existing payment gateways can help businesses provide a convenient and trustworthy payment experience to their customers.
Top 5 NFT marketplaces that are in high demand in 2023
1. OpenSea
OpenSea, a reputable NFT marketplace, has been providing its services since 2018 and has gained immense popularity among the global audience. The platform confidently claims to be the largest NFT marketplace in the world, which is evident from its website.
Due to its exceptional performance and widespread recognition, many businesses have been seeking white-label Opensea clone scripts to emulate Opensea’s success in their NFT marketplace development.
2. SuperRare
SuperRare is a curated NFT marketplace that focuses on digital art. The platform features a limited number of high-quality NFTs that are selected by a team of curators. SuperRare has gained popularity in the art world and has seen significant growth in the number of active users and trading volume.
3. Rarible
Rarible is a prominent NFT marketplace on the Ethereum blockchain, and it is owned by the community. The platform has a strong focus on the social aspect of its business, enabling users to track general user activity and follow each other.
Additionally, Rarible allows users to create their ERC-721 token and build their smart contract as a minter, similar to OpenSea. Furthermore, users can also set their royalties on the platform.
The Rarible Clone offers a premium NFT trading platform with a wide range of features and domains. As one of the most popular white-label NFT marketplaces alongside OpenSea, Rarible has a large user base and continues to grow in popularity.
4. Nifty Gateway
NiftyGateway is a leading NFT marketplace that collaborates with well-known artists and businesses to create Nifties, a collection of NFTs. You can display your Nifties in the metaverse, transfer them to your crypto wallet, or even add them to your collection.
For those seeking exclusive NFTs, NiftyGateway is a top-notch secondary market for collecting limited edition NFTs. However, due to the restrictions on the types of NFTs available on NiftyGateway, you won’t be able to access all the popular projects, such as CryptoPunks, Bored Apes, etc., like you can on OpenSea.
NiftyGateway is a fantastic platform for artists and buyers alike to create and trade high-quality exclusive NFT collections.
5. Binance
In 2021, Binance, one of the world’s largest cryptocurrency exchanges, ventured into the NFT sector with the launch of its own NFT marketplace. Binance NFT offers a range of digital assets, including artwork, gaming items, and collectibles, that are commonly found on other major NFT platforms.
Binance NFT provides a significant benefit to users as it only charges a low 1% trading fee. Additionally, the platform is user-friendly and built using similar technology and layouts as their exchange.
One of the key advantages of Binance NFT is that it runs on its own blockchain, providing users with a more secure and seamless experience. Other notable players in the NFT sector include Crypto.com NFT, a highly-curated NFP marketplace. With Binance’s reputation as a major player in the crypto industry, its entry into the NFT space is a significant development.
Top 5 White Label NFT Marketplace Development Companies to Partner With in 2023
AppDupe is a reputable provider of White label NFT marketplace solutions. They have been leading the industry in designing and delivering top-notch tagless NFT solutions. Their comprehensive NFT marketplace solutions cater to your specific needs, providing end-to-end functionality.
With a team of young and skilled professionals, they can build your ideal solution tailored to your requirements. If you’re searching for a White label NFT marketplace development company, AppDupe should be at the top of your list
Renesis Tech is a leading provider of White Label NFT Marketplace Solutions. They offer a complete end-to-end solution that includes marketplace development, customization, deployment, maintenance, and support. With years of experience in the blockchain industry, Renesis Tech has helped many entrepreneurs and businesses build and launch their own NFT marketplaces.
Their team of experts is well-versed in the latest technologies, and they use their skills and knowledge to develop cutting-edge NFT marketplaces that are both functional and visually appealing. They have a proven track record of delivering high-quality solutions that meet their clients’ needs and exceed their expectations.
If you operate in industries such as real estate, banking, finance, healthcare, hospitality, or travel and tourism, Renesis Tech can be your go-to solution provider.
Aetsoft offers robust NFT market solutions to companies. The company’s expertise in NFT development expands its reach and provides NFT development services to various industries such as music, videos, real estate, infrastructure development, sports, P2P sharing, content subscription, fantasy, and more.
Aetsoft has cutting-edge technological advancements and is ready to provide you with state-of-the-art NFT development services.
Netset Software is a reputable company that specializes in developing White label NFT marketplaces and has a long history of successful projects. They have been providing complete solutions based on various blockchain networks, such as Ethereum, Polygon, Solana, Cardano, Binance Smart Chain, PolkaStarted, and many more.
Their expertise in creating popular clones like OpenSea, Foundation, and SuperRare, as well as other White-label solutions, sets them apart in the industry.
RisingMax Inc is a top white-label NFT marketplace development company and is listed first among its competitors. Based in the United States, RisingMax boasts a team of over 150 developers and designers with more than a decade of experience in blockchain and web3 solutions.
They recognized the potential of decentralized solutions early on and were one of the first companies to offer NFT solutions.
Their cost-effective development rates and high-end solutions make them an ideal choice for your needs. In addition to white-label NFT marketplace development services, they also specialize in metaverse platform development, NFT token development, NFT minting websites, metaverse avatar development, and more.
Launch Your White Label NFT Marketplace
The NFT industry continues to thrive and shows no signs of slowing down. It’s no secret that online marketplaces are thriving and flourishing. With transactions exceeding $700 million and valuations reaching billions of dollars, the White Label NFT marketplace has become a force to be reckoned with.
Are you ready to take the plunge and create your very own White-Label NFT Marketplace in just 5 days? With the help of our expert team and cutting-edge technology, you can bring your vision to life and become a part of the booming NFT industry. Don’t miss out on this opportunity to elevate your business and join the future of digital ownership. Contact us today to get started!
