The push towards the development of the NFT platform has created an impact lately. According to recent analytical reports from DAppRadar, the non-fungible token trading volume has grown profitably to reach $ 10.67 billion in the third quarter of the year 2021. Without further doubt, it is indeed about ‘a huge success in the cryptocurrency market. If you are looking to get into the lucrative cryptocurrency business, the Foundation clone will be the right choice and this blog will shed more light on it for you.
What Is The Significance Of The Foundation Clone?
The Foundation clone comes ready to launch with software that can be customized to suit your business needs. It is built entirely using source code integrated with essential functionality and other features. The Ethereum-based blockchain network provides users with secure ETH wallets and helps creators digitally tokenize their works. By doing so, you can launch an NFT digital asset trading platform without further ado with an out-of-the-box solution.
In general, Foundation is a US-based NFT platform that emerged in the online cryptocurrency market in 2020. As defined by the term non-fungible token, digital assets cannot be manufactured on the Foundation platform.
In this case, almost all NFT platforms are built on the basis of Ethereum standards, such as ERC721 and ERC 1155. Additionally, the open-source Ethereum blockchain is widely used in the NFT marketplace to tokenize digital collectibles. In addition to this, the main objective of the Foundation NFT platform is to serve the NFTs for social good and to promote a charitable cause.
Now, look at the amazing stats from NFTmarketplace that will propel you to get started with your own creative collectible digital platform.
In-depth Statistics Of The NFT Auction Market:
With the craze for cryptocurrencies, the white-label NFT auction market has seen tremendous growth in recent times. You will be amazed at the data of the cryptocurrency industry and you will never stop creating one.
1. While there are the best NFT platforms such as OpenSea, CryptoPunks, and Rarible, without a second thought, the Foundation NFT platform has undertaken the identity of all cryptocurrency enthusiasts. If you take a look at the statistical reports, the NFT market has created a spike among cryptocurrency enthusiasts who have held $ 116.5 million in trading volume in the past 24 hours.
2. The international newspaper “The Economist” has been sold on the Foundation’s NFT platform for 99.90 ETH [$ 473,251.28] recently. On the Opensea NFT platform, digital asset sales reached $ 150 million in June 2021.
3. Apart from that, the “Disaster Girl” meme was sold for $ 473,000, while the “Nyan Cat “was sold for $ 473,000. sold for $ 590,000.
4. Meanwhile, the Foundation, a community-based NFT platform, has caught the attention of cryptocurrency users around the world. It saw a 23.90% increase in the number of users with a transaction volume of $ 1.08 million in 24 hours.
I hope it would have been lively for entrepreneurs like you to enter the NFT market with confidence. Now let’s move on to the most important part of this blog. The effective ways to strengthen your digital collection platform in the competitive market.
Cost-effective Features Of WhiteLabel Foundation:
Clone As mentioned above, the White-Label Foundation clone can be fully customized to meet your business needs. Likewise, you need to integrate your NFT marketplace as a Foundation with the necessary features that will appeal to your users. at once.
There is space for Creators on the Profile page to view their work, offer details, a general introduction to Creators, and more to catch the attention of designers. cryptocurrency enthusiasts bid and buy. With the Ethereum blockchain network, creators can quickly build their digital assets.
Cryptocurrency users can link their other social media accounts to share them effectively for any charitable and decentralized cause.
When you build your foundation as an NFT developer with an attractive showcase, you will attract the attention of investors. Attractive information about digital collections helps investors navigate your NFT market successfully.
Creators can display their digital collectibles on top of the NFT platform as a multi-investor foundation to bid on digital artwork. This Foundation clone displays the prominent artwork as well as the award for the digital artwork and beyond the creator’s details.
The NFT market is focused on a decentralized storage platform with a peer-to-peer network, thus excluding third-party access. It also makes the transaction more transparent, secure, and efficient.
Advanced Resource Search Filters:
You cannot let your user stumble upon your digital collection platform with many categories displayed. Therefore, the advanced search filter feature will help investors navigate efficiently and quickly through the digital assets displayed on your platform.
Live Auction is the essence of NFTs and drives investors to hold onto the rare collector’s item. The basic NFT platform displays the current bid price as well as the end time of the live auction.
Discord Community Support:
With the dedicated Discord community, artists and buyers can communicate effectively. In addition, all traders will be included in the discord channel after successfully registering in the NFT foundation market.
What is the advantage of creating an NFT platform without integrating them with advanced features? Hope the features mentioned above sparked the spark to come up with different creative ideas. Stay focused to learn more about the offerings that can be used at our prestigious blockchain development company.
Why Choose Us To Develop A core Market Like NFT?
Turnkeytown is a renowned blockchain development company with highly professional developers to meet customer needs globally. Our NFT market development services are positively recognized by all entrepreneurs who have successfully boosted their NFT business.
We help you build Foundation as NFT market development with the latest technology stack and other features to make your platform easier to build, buy, sell and trade digital assets.
1. High-Level Services
2. Smart Contract Integration
3. Advanced API Integration
4. FrontEnd Framework
5. CrossPlatform Compatible
6. EndToEnd Customizations
7. Constant Customer Support
In conclusion, the White-label NFT Auction Marketplace is at its peak because it is more profitable for users to own artists’ cryptocurrencies. If you are a successful entrepreneur who dreams of entering the NFT market, Turnkeytown offers the best solutions instantly. Time to draw lots of cryptocurrency fanatics right away!