The global non-fungible token market size is expected to reach USD 211.72 billion by 2030, growing at a CAGR of 34.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. This optimistic future has encouraged many enthusiasts to enter the market with their own NFT marketplaces.
White-label NFT marketplace solutions provide a cost-effective and time-efficient alternative to building a platform from scratch. With a white-label solution, you can launch your NFT marketplace quickly and with minimal upfront investment, as the core platform infrastructure and technology are already in place. You can then customize the platform to your specific needs and branding. The cost of launching an using a white-label solution will vary based on several factors, such as the customization requirements, features, and integrations needed, as well as the provider you choose to work with. In addition, the white-label NFT marketplace development process requires a thorough understanding of blockchain technology and the NFT ecosystem.
Features of White label NFT marketplace
What should you look for in your White Label NFT Marketplace?
White Label NFT Marketplace Development Cost
Undoubtedly, it depends upon the features it brings, developing a white label NFT marketplace ranging from 10000 to 90000 USD. Apart from features and functionalities, the selection of blockchain also contributes to the final cost. Such as, choosing Ethereum or BSC takes longer to construct the marketplace, increasing the final developmental cost.
How can a company earn from White Label NFT Marketplace?
In addition to all the above-mentioned technical features, it is essential to consider user-friendliness, the prime concern while developing any platform. By getting a white-label NFT marketplace developed, the owner can have lucrative chances to generate revenue from commissions, trading fees, listing fees, minting fees, etc. A few common ways to make money from an NFT marketplace are;
Select a blockchain development company that is an expert in creating White Label NFT Marketplace which is cost-effective and easy to customize. At Minddeft, our NFT developers produce ready-to-deploy platforms which provide unlimited scope to scale it up with customization. With our white-label NFT marketplace, you can build a feature-rich marketplace with an attractive store, user and admin dashboards, sophisticated filters, and cutting-edge trading tools and features.