Ethereum One of the most credible and prominent blockchains of today. Ethereum stands strong after Bitcoin as the next best blockchain.
Recognizing and adding value to innovations is the foundation of NFTs. Let’s innovate crypto collectibles by bringing them closer to the real world and create an NFT marketplace for physical assets.
The NFT trading platforms today are mostly about digital assets. They are overwhelmed with virtual assets like digital art,films, music, photos, and videos. But then we all are aware of the tangible assets that sum upto around $280 trillion in the market. Why not introduce the lucrative NFTs into this vast market by initiating NFT physical assets development?
Building a physical assets marketplace for NFTs can benefit the users with high liquidity, a risk-free investment, an inflation hedge, and also rewards investors with the personal joy of owning something real. The benefits of lucrativeness and security can assist you in attracting a huge audience to your marketplace.
When your strategies and vision are clear, success with a white-label NFT marketplace for physical assets is a cakewalk. Learn more about the financial potential of the NFT trading platform by talking to our experts for a 30-minute free consultation.
A physical asset NFT is a crypto collectible minted to a blockchain network that represents a real-world asset incorporated with insurance, legal protection, and warranty.
NFTs are mostly associated with films, music, photographs, and virtual artwork. Appdupe brings to you a unique NFT marketplace that tokenizes real-world assets like artwork, intellectual property (IP), patents, and real estate. Bringing this idea to effect with NFT Physical Asset Marketplace Development can be a deal-breaker in the world of NFTs.
Bolster authenticity, credibility, integrity, and legality to the era of crypto collectibles.
Advanced Navigating FeaturesReward your users with effective search filters like categories, date of posting, names of creators, prices, and more to navigate through a mammoth collection for finding an outstanding asset.
Auction HouseThe tangible assets enlisted by the users can be sold in auctions. The user predetermines the minimum value for the asset, and the collectors or buyers place their bids. The buyer who has quoted the highest value gets to own the asset. This is also called an English auction mechanism.
Crypto WalletIntroduce a powerful crypto wallet like Coinbase Wallet, Fortmatic, MetaMask, MyEtherWallet[MEW] for artists and investors to execute a seamless peer-to-peer (P2P) transaction. Ensure the wallet supports the leading cryptocurrencies and stablecoins.
Enlisting Physical Assets Frame a facile methodology for the users to mint their physical assets into non-fungible tokens (NFTs) and enlist them in the marketplace, along with a detailed description of the digital asset.
Virtual NFT Shopping MallGreet your users with diverse digital collectibles that represent tangible assets like real estate, machinery, art collectibles, automobiles, vintage machinery, and more.
The Unique Selling Point [USP] of NFT Marketplace for physical collectibles is minting a tangible asset like a vintage automobile to a crypto collectible. Get interesting insights on this process.
Embedding A NFC Tag To The Physical AssetThe NFCs(Near-Field Communication) that enhance the transfer of digitized information is installed in the tangible asset.
Tokenizing And Coupling The Real-World AssetThe asset installed with an NFC tag is minted as an NFT using the address of the creator. This process authenticates the asset.
Storing Metadata On The BlockchainDigital content that describes the physical asset is stored in the blockchain. The data may include the asset information, creator stories, legal contracts, and provenance details.
Verifying The Ownership Of AssetThe proof of ownership stored in the immutable smart contracts can be verified using the NFC-NFT linked asset. This verified crypto collectible can be sold on an online marketplace. Furthermore, buyers can confirm their ownership with metadata and transaction history.
RoyaltiesOne of the crucial features of NFTs is the creators get to receive royalties every time the art is resold on a secondary marketplace. This can be applied to physical collectibles too.
It is crucial to act as a third-party asset possessor when you launch an NFT marketplace for physical assets, as you will possess all the NFTs that users in your platform own. Your platform is more like a bank that holds the money of a customer but grants the customer to withdraw or transact the money at their convenience. This custodian mechanism increases trust amongst both artists and investors.
As a marketplace for tangible assets, you are responsible for the supreme condition of the product. It is better to be well-prepared by taking insurance for the physical holdings.. In case of any damage to the palpable asset, the insurance will clear you out from the burden of paying for it.
Develop non-fungible tokens, as they are unique and initiates a sleek transfer of ownership with no constraints.
Don’t stop yourself with smart contracts, as in the physical world, the assets need to comply with numerous laws and regulations relevant to them. These guidelines and standards issued by authorities authenticate the property.
Launch a robust marketplace that makes the process of minting a physical asset as an NFT simple and enables an instant transfer of ownership.
SneakersSneakers are no more just casual shoes with celebrities like Kanye West, Kylie Jenner, Rihanna, and more others collaborating with famous brands for new lineups. The fashion freaks have turned sneakers into precious crypto collectibles. Footgear can be a notable asset to be enlisted.
Comic BooksThe craze for comics never fades away. Irrespective of the age, people are fanatical about humoristic stories. Minting the comic books to NFTs can kindle the fan-child in the users out there.
ArtworksIt is a well-known fact that paintings and sculptures are a luxury market, and minting them into digital collectibles can add value to them. Get to it before your competitors by joining our Physical Goods NFT Marketplace Development.
Phonograph or Vinyl RecordsMusic lovers can be crazier than art lovers at times. Vinyl records are considered to be the authentic recording of music reproducing the music the exact same way the musician played in the studio, unlike digital music. Minting these disc records to NFTs can be a noteworthy opportunity.
Trading Cards For Sports FansThe enthusiasm sports fans bestow to own a trading card displaying the picture of their favorite players and teams is still high. Mint them to NFTs and watch its value soar up high.
NFTs are casting spells on investors and driving their market to the sky. Apart from all the buzz, they enable real-time tracking of total supply, provide proof of ownership and transparency. These features can be highly useful in adding value and enabling swift transaction of real-world assets.
A physical asset is linked to an NFT as the first and foremost step.
Every time the asset is sold, the price is recorded in the public ledger, making it transparent to all the stakeholders.
As the asset is now recorded on a blockchain network, the circulation and supply can be traced in a tamper-proof way. It allows the end buyer to be informed about the current availability and origin of the product.
The artists who sell their paintings or sculptures can now receive a royalty every time their precious work is sold. As the smart contracts can be embedded with a command for automatic execution of payments to the creator of the work This happens every time when the ownership of the assets are transferred from one person to another.
Access To A Plethora Of AssetsBy introducing an NFT trading platform for physical assets, you open a gateway of opportunity for users to buy a plethora of collections that won’t be available on the internet if not for your marketplace.
Quicker Buying And Selling Of AssetsBuying and selling a physical asset in the real world is a time-consuming process. By minting them to NFTs and listing them in a marketplace, trading of tangible assets is now fast and secure.
Inducing Liquidity To AssetsOne of the prominent shortcomings in real-world assets is they are of high value, but when it comes to liquidity, they are inefficient. With an NFT marketplace, quick conversion of assets into a currency (crypto or fiat) without influencing the market price is no more an issue.
Price RealizationThe value of an asset can be found by the prices quoted by the buyers. It is similar to the demand and supply method of pricing. The owner sets a price and waits for the buyers to quote a price and then changes the price according to the bids received. Generally, price realization refers to the average selling price per collection. It varies from one person to another depending on the age of the asset and the location.
Every blockchain has its own unique selling point (USP) that may enhance your idea of an NFT marketplace for physical assets. Keeping this in mind, we keep the options open for you while creating NFT physical assets solutions. You can select the blockchain, and we will assist you by building the trading platform on the chosen framework.
Ethereum One of the most credible and prominent blockchains of today. Ethereum stands strong after Bitcoin as the next best blockchain.
TRONWith nearly 54.19 million accounts, TRON grows steadily as a peerless blockchain network. No wonder why it has gained a huge fan following named the TRX army. TRON is also renowned for its low trading fees and supreme transaction speed.
Binance Smart Chain (BSC)A new member of the blockchain family launched in April 2019 that has been showing stupendous traction in a short time. It is comparatively one of the easiest blockchain networks to be used from a user point of view. The Binance Smart Chain (BSC) is powered by a dual-chain architecture. This helps artists to easily build digital assets on any blockchain network and trade their unique work quickly on another blockchain.
PolygonPolygon presents itself as a sidechain that enhances the operations of Ethereum. It is a scalable framework that is built on the Proof of Stake (PoS) consensus mechanism. It provides an opportunity to eliminate high gas fees for NFT transactions. Importantly, popular NFT marketplaces like OpenSea and Rarible have also partnered with Polygon.
PolkadotThe new-gen blockchain elevates cross-chain usage for communication and interoperability. If your NFT project idea requires cross-chain compatibility, then Polkadot is undoubtedly the blockchain you should opt for.
OpenSea CloneBuild a replica to the most successful NFT marketplace and enhance it to a greater degree with unique features. A greater trading volume is assured as the OpenSea clone is fully compatible with the Ethereum network and the Polygon protocol.Get It Now
Rarible CloneAn exuberant NFT marketplace widely loved by digital artists from around the world. Build a marketplace as buoyant as Rarible.Get It Now
Decentraland CloneLet your imagination run riot by building virtual cities and countries on an NFT platform.Get It Now
OnlyFans CloneWondering how an OnlyFans clone? Yes, we also assist you with building an OnlyFans clone based on NFTs. Innovation can make you the market leader in no time.Get It Now
NBA Top Shot CloneCreate a platform to celebrate the fandom of NBA where users can collect the best moments of NBA as NFTs. You can also create trading platforms for other leagues like La Liga, IPL etc.Get It Now
Gods Unchained CloneA card gaming platform that claims to pay the users to play. The contestants can buy exclusive cards just by playing games but sell them for a huge amount.Get It Now
Axie Infinity CloneCapture the interest of users as if by a spell by creating a gaming universe that allows users to buy Axies and sell them.Get It Now
SuperRare CloneExhibit a wide range of digital art collections and lure the collectors into your platform by launching a SuperRare clone now.Get It Now
Appdupe is a leading NFT marketplace development company with a team of experienced blockchain developers expertise in Ethereum, Binance Smart Chain, TRON, Polygon, Polkadot, and other renowned blockchain networks.
Our blockchain developers keep it a practice to analyze in-depth before developing a platform to ensure the best possible outcome.
Our client base extends through all the continents from the East to the West. We keep it a habit to appease our clients with our services.
We offer you a wide range of options when it comes to developing an NFT marketplace. You get to choose the blockchain platform from a plethora of renowned immutable networks, the tech stack for creating the front-end and back-end, the features, and more.
We design and develop the NFT marketplace as per your needs by building it on the ideal blockchain network and using an exemplary tech stack.
Our services include developing a robust NFT platform, NFT marketplace development, marketing services, extended support post-deployment, fundraising services, and more.
Our support services prolong even after the deployment of the NFT marketplace for physical assets.
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.