“WHY” Go With a White Label NFT Marketplace?
Non-fungible tokens (NFTs) have been the most trending topic of 2021 and the same has continued in 2022, the NFTs business has absolutely skyrocketed! NFTs have set over a billion-dollar market value record in 2021 and it is expected that NFTs will reach new heights and make new records in 2022. Following our previous article on “WHAT” an NFT White-label Marketplace is, it is just as important to understand why organizations, regardless of their industry, are looking to explore their own NFT branded Marketplace. This is where Sportsfinda comes in, with our bespoke NFT platform solution built on the Ethereum and Polygon BlockChain networks.
NFTs are an excellent example of how blockchain technology has steadily diversified in applicability and use cases. These crypto tokens have initiated the ongoing NFT revolution in the crypto space as a novel asset class. So much so that these digital assets accumulated total sales of over $2.5 billion in the first six months of 2021.
What truly makes the sale of an NFT a success, is the marketplace in which it is trading. Its security and user experience contribute significantly to the revenue, and this leads us to this question — why should you use an existing White-Label NFT marketplace solution like we at Sportsfinda offer our clients through our White-label SAAS solution?
To make this easier to understand and why it is important, we’ve listed some of the reasons to be considered, and why our existing clients have decided to go this route:
Quick-Tech Development:
If you were to build your own NFT marketplace from scratch, it would take a significant amount of time. An average NFT marketplace platform needs at least 3–6 months to develop. However, it can go up to 12 months or more depending on the level of sophistication and unique platform features. On the contrary, releasing a White-label NFT marketplace that we at Sportsfinda offer, takes much less time by taking advantage of our already established NFT marketplace technology for a faster plug and play approach.
Cost-efficient implementation:
You are free to build your own NFT marketplace from scratch, but be prepared to shell out large sums of capital. The prices become steeper as you keep adding extra layers of security and additional features. But launching your own branded NFT marketplace with the Sportsfinda White-Label solution will be a lot easier on the pocket, helping you save thousands of dollars and a faster turnaround time.
Wallet integration:
The problem with building an NFT marketplace platform on your own is that you need to separately focus on wallet creation. Additionally, you need to focus on developing wallet integration services to make the platform functional. With our White-label NFT marketplace solution, it comes with an integrated Metamask wallet already, with additional integrations that will allow clients to differentiate themselves further.
Our White-label NFT marketplace is an exclusive customizable NFT marketplace developed to list and trade digital assets in the form of NFTs. The NFTs listed may be any digital assets like arts, videos, images, and other digital collectibles. The Sportsfinda White-label NFT marketplace solution is a ready-made NFT platform to buy, sell and bid for NFTs. Creating and owning your own NFT marketplace, provides control, exclusivity, and complete visibility of the NFTs listed on your platform, creating greater engagement with your audience and fans.
Have an idea in the NFT marketplace? Approach the Sportsfinda team to develop your NFT platform. Sportsfinda, the pro-player in the NFT White-label space has successfully launched client projects on the Ethereum and Polygon blockchain networks, would you like to be next?
