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Key Steps of NFT Marketplace Development If we summarize the experience Science Soft has had with blockchain-based marketplaces, we can describe the process of NFT marketplace launch in a number of key steps. 1. Defining a niche for an NFT marketplace. Among the most popular ones are artworks, video gaming content (e.g., online characters), music, sports memorabilia. 2. Choosing an optimal blockchain framework and launching the blockchain network. 3. Creating smart contracts that will be used to mint NFTs and trigger purchase transactions automatically if all the conditions of the sale are met. Non-Fungible Token Marketplace Development Services 4. Launching a web-based marketplace where users can act according to their chosen role: sellers upload their digital assets and buyers acquire associated tokens. 5. Setting up cryptocurrency payment gateways to enable marketplace users to buy, sell and transfer NFTs.
Features of NFT Marketplace Development Once the NFT marketplace owner decides which type of NFT marketplace to offer to the users, it’s time to decide which features to include when developing the NFT marketplace development Live Auction Filters Trends Listing Status 24×7 customer service Liquidity Easy deposits and withdrawals Smart contracts Decentralization NFTs Minting Multilingual support Trade history Crypto wallet Interactive dashboard
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