NFT Development Company
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NFT Development Company
Dorematrix Games is a renowned NFT development agency with over seven years in the industry. We assist our clients with every step of the making process. Our expertise lets us know what you need: trendy, eye-catching, and genuinely rare tokens worth the attention of the most indulgent buyers. With our range of cutting-edge development tools, we meet and exceed your expectations.
WHAT IS NFT DEVELOPMENT?
Non-fungible assets provide ownership rights to various items. No wonder NFTs are very much in play for generating extra revenue and value. An NFT website development company helps grow one’s digital art collection and earn even more from the purchased tokens. If you lack skills, time, or market knowledge, it’s worth trying NFT development services.
Our team unites seasoned and motivated experts with over 200 successful projects in the portfolio. So, we at Dormatrix Games deliver what our clients want to get. We match your key input with our creative approach. What’s the outcome? You get a piece of art everyone would be jealous of — and eager to buy.
So, if you have some ideas but don’t know how to bring them to life, we got it sorted!
Our NFT Development services
Benefits Of NFT Development services
Collectibility
Copyright
Decentralized market
Promising reselling opportunities
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Frequently Asked Question (FAQ's)
What is a non-fungible token?
NFT is a unique cryptographic asset that contains a set of metadata and codes that helps distinguish them from each other. They're used to represent real-life items — from artwork and music to someone's identities and property rights. NFTs are part of the blockchain ecosystem, mostly the Ethereum one. Since they're non-fungible, these tokens can't be replaced with something else. It means you can't exchange a token for another one, as you can do with cryptocurrencies, for example. Sure, you can simply make copies. Yet, their value will be zero since authenticity plays the role. Some of the most popular items to be turned into non-fungible tokens are sports cards, pieces of art, rarities, and other collectible things. You can even find an NFT of the first-ever Tweet written by the company's CEO sold for almost $3 mln.
How can I earn with NFTs?
The most convenient and proven way of earning extra revenue with non-fungible tokens is selling them through a special marketplace like OpenSea, Mintable, and SuperRare. However, here are some tips from our experienced NFT development company on other ways of earning additional profits. Some of the methods include Investing in NFT startups, staking, NFT gaming, passive royalties, trading NFTs, and renting out.
How long does it take to develop an NFT?
Depending on various factors like the number of details, the complexity of the artwork, etc., it can take up to a couple of days to create your own NFT. However, if you're not looking for the hard way here, you can simply upload any of your photos and mint it as a token in just 15 minutes on platforms like Binance.
How should I price my NFT?
Once you've created a token or a full collection, you'll need to give your work a price. It would depend on the NFT's demand and rarity. This means that, if people are looking for something like you did and it's quite a rare creation, your token will get its high price. If you want to create a successful NFT development agency, try the following: first, learn more about the ecosystem you're selling a token in and the existing trends on the market; see what potential buyers consider valuable and have a look at other creators' works — how they evaluated their effort; start from a modest price and raise it gradually, find a balance; take your time and don't rush into things; don't be afraid to experiment; represent your artwork on different platforms; give your creation a description; and of course, don't get greedy on discounts.
Are NFTs a risky thing to try?
Indeed it is a high-risk, high-reward business. You should clearly understand what you're about to get into. Being able to regularly earn on NFTs requires a lot of market research and a profound understanding of cryptocurrencies and their ecosystem. In this area, timing is also crucial — getting a chance to buy the token at a lower price or sell it at the higher one requires a lot of patience and trading skills. Hence, if you're 100% sure you're about to succeed and have enough relevant knowledge, you should try it. There are some other nuances you should consider at a time. Remember, you're not fully protected from scammers, so that's another issue with the ecosystem. Plus, you should be aware that you practically don't own the content to a token while investing. Keep these in mind while searching for a new NFT to purchase or invest in a crypto startup.
How can I create and release my own NFT?
Depending on your skills and effort, you can create an NFT in a couple of minutes or days. The process itself is always pretty much the same and consists of the following steps: first, select a platform where you want to sell your token; then set a crypto wallet you will use to buy and sell your NFT; connect it to the platform so you can process transactions; after that, create an NFT — either through a marketplace or by yourself; finally, list your token and set up a price for it — mind the market trends and be fair.
What is the cost of creating an NFT?
Practically, you can create a non-fungible token for free. On average, the price for NFT development services goes as far as $150. However, you should expect to pay more if you're creating a complex project with multiple tokens. The cost can go up to $500 in some cases. This can also depend on what blockchain you used to make an NFT. Ethereum is the most expensive one with the $50-$150 price range. If you look at others, Solana may charge $0.01, Tezos — $0.2-$8, and Polygon is free but may take marketplace fees.
