The market capitalization of Non-Fungible Token development is now worth a whopping $19.08 billion as per CoinMarketCap. Investors trade crypto collectibles valued at $2.66 billion.
Currently, the hot-selling NFTs are artwork, digital horses, gaming assets, memes, music, photos, videos, and virtual property. Non-Fungible Tokens have some special characteristics like indivisibility, interoperability, non-interchangeability, ownership rights, and scarcity.
Who are the biggest creators of Non-Fungible Tokens (NFTs)?
Artists, content creators, fashion designers, game developers, music composers, photographers, publishers, singers, social media users, and videographers are the largest creators of valuable NFTs. They earn millions by selling their digital collectibles in numerous NFT marketplaces.
Hence, entrepreneurs can mint hefty revenue by using a high-quality NFT development service provided by a well-known app development company.
What is the crucial role of an NFT Solutions provider?
Undertaking Non-Fungible Token development - based on different standards like ERC-721, ERC-1155, and TRC-721.
Creation of NFTs on multiple blockchain networks - like Binance Smart Chain (BSC), Cardano, EOS, Ethereum, Flow, Polkadot, Solana, Stellar, and TRON.
Offering white-label NFT marketplace solutions - like Axie Infinity, CryptoKitties, CryptoPunks, Decentraland, eBay, Foundation.app, GhostMarket, Gods Unchained, Momint, Meebits, NBA Top Shot, Nifty Gateway, OpenSea, Solible, Sorare, SuperRare, Rarible, WazirX, and Xcad Network.
Enabling secure storage of crypto assets of investors - in digital wallets such as Coinbase, Dapper, Fortmatic, MetaMask, MyEtherWallet, Portis, Torus, Trust Wallet, and WalletConnect.
NFT marketing services - through various solutions like affiliate email marketing, conducting airdrop and bounty programs, preparing case studies and whitepapers, publishing targeted advertisements, Search Engine Optimization (SEO), sharing press releases, and social media promotion.
Conducting KYC/AML verification - of both content creators and investors to ensure a high level of safety and transparency.
It is a great opportunity for entrepreneurs to boost their crypto venture by kickstarting lucrative Non-Fungible Token development. They will witness a better business performance by partnering with a competent NFT solutions provider in the market.