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.
One of the biggest advantages of NFTs is that artists and content creators are getting adequate monetary compensation for their work. Digital collectibles eliminate the role of intermediaries in buying and selling. Content developers can directly reach out to their target audience. They need not depend on any middleman or a platform. NFTs are interoperable, non-interchangeable, scarce, and very transparent.
Entrepreneurs looking to enter the profitable opportunity of NFT trading can partner with a competent app development company to fulfil their business objectives. Skilled developers create an advanced White-label NFT minting platform. It can run on several blockchain networks like Binance Smart Chain (BSC), Cardano, EOS, Ethereum, Flow, Polkadot, Stellar and TRON.
What is the crucial role played by a White-label NFT Minting app?
It facilitates the hassle-free sale of - artwork, domain names, fashion accessories, gaming assets, music (albums and tracks), photos, software licenses, sports goods, and videos.
A White-label NFT Minting platform also distributes - crypto collectibles for free to investors through an airdrop program. Users have to complete certain tasks within a stipulated time to get free crypto tokens.
A White-label NFT Minting app ensures a high level of safety - and transparency for all buyers and sellers. It conducts Anti-Money Laundering (AML) and Know Your Customer (KYC) verification on all the traders. This ensures a trustworthy experience for both institutional and retail investors.
An ERC-721 Token Minting platform contains - comprehensive information like contract address of the token pair, name of the owner, token balance, token ID, and the total supply of the token. Besides that, it contains a function for the quick transfer of the tokens.
Investors can keep close track of the Ethereum (ETH) tokens through the Etherscan Block Explorer. It shares real-time updates about the daily and weekly trading volumes/ transfers on the Ethereum blockchain network.
An app development company will also help in the hassle-free sale of ERC-721 digital collectibles on white-label Ethereum-based NFT marketplaces like CryptoKitties, Mintable.app, OpenSea, and Rarible.
A White-label NFT Minting platform safeguards - the crypto assets of traders. It offers secure digital wallets like Argent, Fortmatic, MetaMask, MyEtherWallet (MEW), Portis, Torus, Trust Wallet, WalletConnect, and WalletLink.
A White-label NFT Minting app gives 24x7 technical support - for artists, buyers, and content creators. Round-the-clock assistance is offered to resolve their glitches and issues via Discord, email, live chat, phone, and Telegram.
Wrapping Up
The global NFT trading market has grown tremendously with the emergence of multiple marketplaces. Content creators can become millionaires overnight by selling their crypto collectibles for a high price.
Hence ambitious entrepreneurs can become an important part of the booming digital collectible selling industry. Set up a game-changing White-label NFT Minting platform with dedicated assistance from an app development company.
