Thinking of adapting NFTs as your business? Or Are you an NFT entrepreneur looking for a breakthrough? Since you are already here, you must be aware of the basic of these unique cryptographic assets. Nevertheless, we have put together a list of things that you might want to learn additionally. 

NFTs have outgrown their initial purposes and are now extending their diversity in commerce across hundreds of domains. Also, this ever-growing NFT venture allows you to grow as a professional, for they incline very much towards original aesthetics and technology. This short article will have you look at the typical NFTs in a new glass. 

What is new with NFT ventures?

A non-fungible token represents a physical object, sustains on a blockchain, and is traded both in a centralized and decentralized manner. We all have an idea of how a normal NFT works. But with the steady increase in the market since January, it is high time to think beyond the box. Now, when we say beyond, a business like NFTs requires careful attention to details and can mark peak with the slightest of tweak with the project. One such project that can see an upsurge in supply is the NFT Subscription. 

How do Subscriptions bridge with NFTs?

There were times when people made do with what was available. Now, with evolving trends and mechanisms, we are accustomed to having easy access to things we like or adore. Subscriptions are such a concept that brings in the idea of convenience. 

On the other hand, NFTs are popular for their comfortable and decentralized trading. The connecting link of these two is the attribute to be ‘ comfortable’. If we have to say subscriptions are the media’s future, it ain’t a stretch! Netflix is a great example. With the rapid-growing visual media, we are constantly hungry for some quality content, and they are now locked in the name of the subscription. Bridging these two dynamic concepts gives rise to an interesting venture, NFT-based Subscription platform development.

NFT Subscription platform to unlock exclusive features

Blockchain technology plays a significant part here, for they give the feature to monetize the asset. With NFTs as a mainstream subscription model, the competition is sure to heat up soon, with companies swarming to get the edge they dream of. But what are these NFT subscriptions, and how can they benefit you? 

• Unalterable assets (NFTs), like art collectibles, in-game assets, tickets, etc., can gain ownership of their physical counterparts.  Meaning an NFT subscription holder of the particular brand can utilize their customer reward points for a real-world profit. 
• The possession of an NFT-Subscription can drastically simplify the verification process and get your crypto wallet access benefits in an instant. 
• They can add lifetime value with the help of smart contracts providing royalties to the creators, allowing them additional income (resale in secondary marketplaces). 
• Some of the Monetizable Use-cases of NFT-based Subscriptions NFT Subscription to manage IPs and Royalties, Performace-based NFT Subscriptions, etc. 
• They will bring your business a new revenue stream with real value for you and your consumers. That is, you can decide on charges for every piece of content and track them via smart contract.

Our Interactive NFT-based Subscription Platform Development Process

Our development process is relatively simple for the benefits they bring to your business idea. To name a few, the tokens are customized and immutable, loyalty points for users based on the level, and so on. 

• The first step our alpha team of developers works on is the NFT’s designs on the blockchain network it will be registered. 
• Once the NFTs are created on the blockchain, they can be listed on our NFT-based subscription platform. 
• With the NFTs out on the platform, the membership works according to the tier specification on the NFT Subscriptions. 

For instance, using our NFT subscription platform, you can create and mint your NFTs. Once the subscription requirements are set in the smart contract, the assets can be distributed amongst the consumers. This will enable your business to build a strong community of loyal consumers with consistent exclusive benefits opening up for them. Hence, we serve as a bridge that will bring your brand a step closer to your customers with our prominent, user-biased platform into the market. 

Revenue Streams possible with an NFT Subscription Platform 

• Monthly subscription
• Paid Content posts
• Premium Features Accessibility 
• Personalized Purchase of NFTs. 

Business use-cases for NFT Subscription Platform Development 

We have listed a couple of business ideas where you can generate immense profits with NFT Subscription platform development across industries. Some of them include, 

• A game studio where the user can have early access to future drops by owning an NFT of your venture. They can be skins, in-game assets, arsenals, and many more. 
• Media, as a powerful pillar in today’s world, will be the next booming industry as the community that it will attract is massive. The NFTs of this industry can be simple content, engaging products with which the users can enjoy rewards. 
• A Music Agency can offer the listeners a premium subscription plan opening access to a bunch of services, rewards, and royalties. 

Wherefore AppDupe?

NFTs have become a mainstream business, allowing owners and users personalized interaction and benefits. As a proven service provider in the industry, our exceptional user interface to our NFT Subscription Platform Development offers enhanced security layers, flexibility, interoperability, and, more importantly, a consistent passive income while having fun.

AppDupe is a leading blockchain-based platform development company that has been striving in the cutthroat industry for over a decade. Our expertise and experience with trends have been tested time and again, delivering projects that the clients appreciate for their success. Our NFT-based Subscription Platform development is a great way to begin your 2023 NFT venture. Have a cool collection of NFTs but pondering for a platform that will pull your NFT business ahead? End your forage here and mint your subscription NFTs with us!