NFT Marketplace Development Services

Want to create a unique marketplace for a particular niche or sell “everything at once”? Then you landed on the right page! Dorematrix Games is a team of experienced professionals who can set up a decentralized, secure, custom NFT marketplace for trading, buying, and selling tokens for a specific audience or a general public. Scroll down to learn more about NFT marketplace development with us!

WHAT IS AN NFT MARKETPLACE?

n NFT marketplace is a digital, decentralized platform for trading, selling, and purchasing non-fungible tokens. NFT marketplaces allow users and token collectors to create their own NFTs and convey ownership of tangible, non-tangible, and unique items.

A well-designed, intuitive NFT marketplace is a great way to attract and entertain more potential customers. Now, businesses from any industry are interested in becoming part of NFT communities and creating additional value for their products and services. Plus, such platforms are secure and provide high asset liquidity.

If you’ve already thought of setting up your own NFT marketplace, Whimsy Games can help you! As an experienced company, we can create a platform tailored to your specific needs and the highest quality and security standards. With us, you’ll get an interactive, decentralized marketplace!

Typical features of non-fungible token

Scarcity

It's no secret that developers can restrict the number of unique assets to create. Thus, it increases the value and uniqueness of every token. Every NFT has its own "DNA" that's impossible to change, alter, or erase, and this doesn't change once you upload it into a chain.

Tradability

You're free to sell your tokens through various platforms and marketplaces. The NFT ownership is easy to transfer, which enables users from all over the world to buy them. Enjoy all kinds of trading opportunities: bidding, bundling, and selling on specific markets in exchange for a particular currency.

Interoperability

NFTs are interoperable and interact in plenty of ecosystems. You can get information about the new token launch and keep track of it from a desirable platform or two. The option to release a token on various marketplaces allows you to discover the market and find the most favorable opportunities and platforms to sell or trade your NFTs profitably.

Controllability

The asset production process is quite simple. You can easily program it in the way you want. It helps NFT owners make their tokens unique and secure, with unlimited opportunities for creativity. The fact that tokens are secure means you won't lose control over them — that's their main power.

Liquidity

Since you can trade NFTs right away, their liquidity grows accordingly. You can keep your tokens as collateral for plenty of cryptocurrencies or liquid cash. Plus, a vast audience in the market adds up to the tokens' liquidity as well, which enables them to expand the market and hence, the opportunities for creating more unique tokens.

Integrity

By nature, NFTs are impossible to copy or change. It proves their uniqueness and adds to their value as digital assets. Plus, they're all placed in a blockchain, meaning you can't steal or change the core information about the token. Hence, it's practically incorruptible.

Scarcity

Tradability

Interoperability

Controllability

Liquidity

Integrity

marketplace development services we provide

Whitelabel NFT solutions

NFT wallet setup

NFT marketplace support service

NFT marketplace promotion and marketing

0 +

Games launched

Pro team

0 +

Years Of Experience

Total Games

Frequently Asked Question (FAQ's)

What is an NFT Marketplace?

An NFT marketplace is a digital platform where visitors can sell, buy, and trade non-fungible tokens. Such websites offer either nice NFTs for specific tokens or all sorts of them to a bigger, more generic audience. NFT marketplaces provide multiple kinds of tokens — there, you can find music, graphic art, videos, trading cards, memes, and many others. In most cases, you can get tokens in exchange for cryptocurrencies. Some of the platforms accept fiat payments and crypto-stable coins as well. Some examples of popular NFT marketplaces are OpenSea, SuperRare, Decentraland, NBA Top Shot, and many others.

What are the benefits of NFT Marketplace?

There are plenty of reasons why NFT marketplaces are useful and convenient. Main points include increased security, lower fees, greater liquidity, and independence. Since NFT marketplaces are decentralized, they don't follow the standard regulations like ordinary platforms. Hence, users have more freedom in buying, selling, or trading tokens. Plus, it also allows lowering the fees since such marketplaces don't need intermediaries to process transactions. Plus, because they're based on blockchain technology, NFT marketplaces can record all transactions and ensure increased transparency and safety for your funds.

How much time does it take to build an NFT marketplace?

Creating an NFT marketplace doesn't happen in a day, and the production duration depends on various factors. For instance, the complexity of the product and the number of features can easily add to the development time. Plus, it may also take longer to create a bigger marketplace for a wider audience as you'll need to add more assets and make it comprehensive for everyone — from newbies to professional traders. If you want to add a specific design or make your marketplace customizable, this may also increase the project completion time. So, the more features and opportunities you want to implement into your platform, the longer you'll work on it. Plus, it may also depend on the team members and their level of expertise. If you're not in a rush and have the opportunity to work on all the features and designs, it's not a problem.

How Much Does It Cost to Build an NFT Marketplace

The cost of NFT marketplace development services is always different for each client. The final price for a platform depends on the project's duration, complexity, amount of team members, and their level of expertise. Plus, you should consider the type of platform, its level of customization, and extra features or design elements you want to add there. You can consult with us, and we'll draft a price list tailored to your requirements and needed functions.

What affects the cost of NFT marketplace development?

If you want to set up your own NFT marketplace, you should consider several price-forming factors. Firstly, think of all the features you want to see there and whether it will be a niche or generic platform. Then, think about the number of experts that will help you develop a marketplace, their level of expertise, and their hourly rate. Another thing that affects the development price is whether the project is urgent or you have enough time to complete it. The faster you need to complete the project, the more expensive it becomes. Finally, include the price for UI/UX designers, implementing a checkout system, and all the basic elements of a well-built NFT marketplace.