Own an NFT Exchange Software and rule the crypto sector
Onlinemarketplaces across the world have sold 243,249 Non-Fungible Tokens (NFTs)worth a humongous $184.08 million in the last 1 month. Since the entire worldis bullish about crypto collectibles, entrepreneurs have a good opportunity inhand to commence NFT exchange platform development. They can reach out to aprolific NFT Exchange Development company for achieving their business goalssuccessfully.
What are the various servicesavailable for NFT exchange platform development?
Creation of NFT marketplaces onnumerous blockchain networks - It includes the development of an NFT exchange software onimmutable blockchain networks. Cryptopreneurs can choose between Binance Smart Chain(BSC), Cardano, EOS, Ethereum, Flow, Polkadot, Solana, Stellar, and TRON. Theywill receive real-time information from the Blockchain Explorer. It includesdata about the block size, energy consumption, number of blocks, and totaltransactions
Designing industry-specific NFTExchange Software - A NFT exchange development company will establish onlinemarketplaces for several industries. Generally, it comprises artwork,e-commerce, gaming, property, social media, and sports. Furthermore, NFTmarketplaces can be created for exclusively trading fashion accessories, memes,music, and photographs.
Entrepreneurscan purchase white-label solutions of Axie Infinity, Cryptograph,CryptoKitties, CryptoPunks, Decentraland, eBay, Gods Unchained, Mintable.app, Meebits,Momint, NBA Top Shot, Nifty Gateway, OpenSea, Polka City, Rarible, Solible,Sorare, SuperRare, The Sandbox, WazirX, and Xcad Network.
AML and KYC verification - A NFT exchange developmentcompany will conduct Anti-Money Laundering (AML) verification of all investors.This will prevent crimes like misuse of funds and unauthorized transactions asthe financial background of each buyer and seller is checked.
Likewise,Know Your Customer (KYC) verification is also done. It screens the documentsand identities of all the NFT traders. Generally, KYC tasks are executedthrough biometric authentication and digital signature. It follows all theguidelines and rules issued by the regulatory authorities.
Wrapping Up
Importantly,many new NFT marketplaces are emerging in the industry now. Hence, competitionis at an all-time high. Entrepreneurs can power up their crypto venture bygetting hold of a world-class NFT exchange software now.
