Build NFT platform like Rarible by using an ultra-modern tech stack
$19.78 million!!! If you are jaw-dropping about this number, this article is apt for you. The monthly trading volume of an Ethereum-based marketplace is gripping the whole world now. It is none other than Rarible which has been a popular choice for artists to mint and list their crypto collectibles. Entrepreneurs can own a Rarible clone that is filled with the right features and functionalities of the infamous buying and selling platform.
What is the tech stack used to develop an NFT Marketplace?
Investors are pumping billions of dollars into crypto collectibles. Artists are getting huge value for their unique work and traders receive exclusive ownership. “If you have everything under control, you are not moving fast enough”, says a well-known quote. Entrepreneurs can enlarge their wealth quickly by initiating NFT marketplace development. Whom to approach and how to formulate a business plan? They can reach out to an experienced service provider and get started.
The Technology Stack For Developing Cryptocurrency Exchange Software
Digital currencies have a humongous trading volume of $133.65 billion as per CoinMarketCap. Bitcoin (BTC) continues to be popular since it had the first-mover advantage (launched in January 2009). However, there are 11592 virtual currencies now with a market cap of $2.26 trillion. Investors are earning huge returns in no time. How can entrepreneurs enter this booming industry with a low capital expenditure? They can acquire Whitelabel Cryptocurrency exchange software. The licensed trading platform is feature-packed and also can be rebranded according to their business requirement
Build an NFT marketplace like OpenSea and make fortune in a short time
How to reach the top of the NFT trading sector? OpenSea, an Ethereum-based online marketplace has achieved it now. It has the highest daily trading volume ($46.75 million) in the entire industry as per DAppRadar. The OpenSea NFT marketplace is well ahead of rivals like Axie Infinity ($32.27 million), CryptoPunks ($2.58 million), and Rarible ($772,860). Hence, entrepreneurs can join the bandwagon by procuring an OpenSea clone script from a popular app development company.
Rarible Clone Script :Create blockchain NFT marketplace like Rarible
Rarible is a well-known NFT marketplace that operates on the robust Ethereum blockchain network. It sells a variety of artwork, DeFi assets, domain names, gaming assets, memes, metaverses, music, and photographs to investors through auctions. Additionally, the Rarible platform shares real-time information about hot bids and collections, a list of top buyers and sellers, and live auctions. Importantly, crypto collectibles have a humongous market cap of $18.95 billion according to CoinMarketCap. Hence, this is the right time for entrepreneurs to create a world-class NFT marketplace like Rarible.
NFT Marketing Services : How to promote your NFTs
Everyone in this world wants to maximize returns from their assets. Traditional financial avenues like bonds, debentures, mutual funds, and stocks are not offering high returns now due to economic depression.
Get the NFT Marketplace Development Solutions and dominate the crypto era
The whole world has welcomed the emergence of Non-Fungible Tokens (NFTs). These unique crypto collectibles are offering more returns than other assets like bonds, debentures, gold, mutual funds, real estate, and stocks. It has performed impressively in the competitive industry. Digital collectibles have accumulated a market capitalization of $17.46 billion and $1.48 billion in daily trading volume as per CoinMarkerCap.
White-label NFT Minting Platform Development Company
Though there are lots of technological innovations going on, is there anything bigger than the phenomenon of Non-Fungible Tokens (NFTs)?. These unique crypto collectibles have attained a market capitalization of $22.69 billion along with a daily trading volume of $2.02 billion as per CoinMarketCap.