If getting hold of eminence in a short span is a maneuver, then NFTs are the ones that have nailed it. Over these months, sales of NFTs have been breaking their own records, thereby affirming their strong position in the investment industry.
NFTs are pure representations of assets that are converted to digital formats and available on the NFT marketplaces. These marketplaces are developed with the help of any blockchain technology. And of course, each blockchain technology has its own set of pros and cons. In order to let NFT creators build their collectibles on multiple blockchain networks, the concept of NFT platform development in multi-chains came into existence.
Literally, multi-chain means that your NFT marketplace will be built using multiple blockchains and thus making it possible to gain interoperability. To date, there aren’t any notable multi-chain platforms. So, get mileage out of this opportunity by launching your white-label multi-chain NFT marketplace.
At Appdupe, our multi-chain marketplace developers are on a constant mission to explore the NFTverse. In that sequence, we have stepped into developing multi-blockchain NFT marketplace platforms. Head to know the different blockchain technologies we use for building a first-string marketplace platform for NFTs.
EthereumThe prominence of the Ethereum blockchain is its reliability and stability. Interestingly, it can handle voluminous amounts of transactions and provide seamlessness at the same time. The network size of Ethereum can support millions of users and can be scaled up to handle more than hundreds of transactions per second.
Polygon Polygon is one of the best blockchain networks as it resolves all the traditional issues in other blockchain networks like scalability, higher transaction costs, higher gas fees, and poor user interface. This blockchain is highly compatible with Ethereum, which makes it easy to develop smart contracts. Chiefly, the Polygon blockchain in itself is a network of interconnected blockchain networks.
Binance Smart Chain Binance Smart Chain is highly suitable for developing Dapps, NFTs, and smart contracts. Since the Binance Smart Chain blockchain works on the proof of stake consensus, it ensures scalability and faster transaction speed. Moreover, it employs the voting mechanism for any new proposals that are made on the platform.
While NFT trading has become a thing of the present times, the need for ideal marketplaces is becoming a concern. Since you are on the verge of developing an NFT marketplace, you must stuff it with some remarkable attributes in order to make it an ideal marketplace. Let us see the personas for an NFT marketplace to be labeled as an ideal one.
Speed Of TransactionsSpeed of transactions is obviously one of the vital characteristics for the marketplace involving the trading of digital collectibles. While offering high-speed transactions, the marketplace should not compromise security and transaction costs.
Cost Of TransactionsIrrespective of the marketplace and the blockchain network it runs on, the transaction fees must be reasonable. NFT trading is not always about a million-dollar transaction. There are microtransactions as well like how one can purchase in-game accessories. Hence, setting minimum transaction costs will grease the wheels for making your marketplace a special one.
Sturdy smart contractsSmart contracts are the ones that display the conditions to be met for successful transactions. Thus, the smart contracts developed must be sturdy enough to withstand the vulnerability of the blockchain. The stronger the smart contracts, the more secure will be your marketplace platform.
Our white-label multi-chain NFT platform has a simple user interface that greatly helps platform users in easy interactions.
From signing up to finding the desired NFTs to completing the transaction, users must find it absolutely easy. Users can cherry-pick the type of NFT by utilizing the search field accompanied by multiple filters.
This feature will determine the realistic price of NFTs based on their previous sales and historical prices.
The automatic liquidity generation feature guarantees instant liquidity so that traders can swiftly trade their NFTs.
The robustness of smart contracts is the foundation for the authenticity of transactions taking place. Our developers make it a point to develop highly robust smart contracts.
Interoperability The maiden benefit of a multi-chain platform is interoperability. Generally, interoperability has been a struggle for letting NFTs interact with multiple blockchains. But with a superior multi-chain platform, interoperability can be ensured, which trails with benefits like more users, voluminous trades, etc.
Bringing In New UsersEach blockchain bags a set of attributes, which makes users inclined towards that specific chain. What if all such blockchains are clubbed together? Obviously, the number of users will get elevated since your platform will feature various blockchains. Eventually, irrespective of the blockchain a user prefers, they can sign up for your platform.
Unleashing Additional LiquiditySuppose an individual chain has liquidity, but it is seeking some of the alluring set of NFTs. In that case, there’s no point in having liquidity without being able to capture the audience due to the absence of some highly enchanting NFTs. Whereas if a platform is stacked with fascinating NFTs as well as supports multiple blockchains, then there is an obvious chance for unlocking liquidity in large volumes.
DecentralizedOur NFT Platform Development in Multi-Chains is completely decentralized. This decentralized nature strikes out intermediaries involved in managing the trading and transactions.
TransparencyTransparency is the key highlight of our development solutions. From the initial stages of commencement to the completion of the entire project, our team will remain transparent by letting you know the ins and outs.
SecurityOur White-label Multi Blockchain NFT Platform is intertwined with complex security features. Anti-DOS, end-to-end encryption, etc., are notable security features.
Cross-ChainOf course, cross-chain support is one of the chief benefits you will profit from our white-label NFT development solution. Since our marketplace supports cross-chain interaction, traders can efficiently perform trading between any blockchains.
Multi-platform CompatibilityNeed for your NFT platform to be compatible with multiple devices is necessary. Our solution will support Desktops, Tablets, Smartphones, etc. Alongside, the solution is developed for OS like iOS, Linux, Windows, and Android.
Comprehending Your Requirements We very well understand that discussing the requirements in detail will give a clear perspective on what you expect from us. You can feel absolutely free to come up with your personalized requirements, and after analysis, we will start working on them.
Back-End Development This is the phase where the smart contracts, features, and other back-end-related developments will be addressed. This is the phase where all your requirements will come alive. Irrespective of the phase of development, we will keep it transparent.
Front-End Development Developing the client-side is all about front-end development. Since we let you state your customizations, you can tell us how you need the front-end to be implemented, be it the overall UI or some specific elements.
Meticulous Testing This phase is where your requirements are validated using different test cases that our testers will prepare. We will 100% ensure to provide an ideal NFT platform that is built on multiple blockchain technologies.
Launching Generally, going with the white-label solution has the advantage of launching the product soon. And, the time for launching your platform will also be based on the requirements you articulate during phase 1.
Choosing a decade-old NFT marketplace development company like Appdupe has its own bag of benefits for you. All thanks to our squad of geeky developers and testers, who play a critical role in delivering projects on time and without compromising on the standard of the product. Know the highlighting benefits we can offer you.
White-label i.e., ready-to-launch solutions
NFT marketplace platform solutions that are flexible to customizations
Comprehensive security features
Technical support as long as you need
We are available to discuss your project 24x7x365. Once we have an alignment about the details of the project, you are invited to see your requirements designed in front of your eyes at our development centre. Interact with our project manager, developers and designers regarding your platform. We will help you through the visa process and other travel hurdles.
Get your blockchain application development idea validated right away.