According to DappRadder, NFT Marketplaces had a steep increase in trading volume of 700%, worth $10.67 billion, in the q3 of 2021. NFT and digital trading’s rising popularity, White label Your prospects of expanding your business in the digital market in various ways have grown thanks to White-Label NFT Marketplace development models.
Even though it has existed since 2008, Blockchain technology remains a relatively young idea, and it has seen numerous changes in the industry over the years. Blockchain technology has grown in popularity and has become the center of any firm in today’s market because of the numerous technological developments that produce something new in this area every year. The market is the latest change to the NFT & NFT trading marketplaces because of the popularity of blockchain technology.
The Non-fungible Tokens have been there since 2014, but it took them almost five years to become well-known and feel their presence in the market. NFTs are now valued at over $200 million in just a few short months, having grown more quickly when their existence became known. Nearly 90% of it actually peaked in February 2021.
The most fascinating and lucrative aspect of the current NFT Marketplace Solution is that its potential is still mostly unrealized because of how plain the surface appears. It also offers anyone joining the market a very lucrative business opportunity. The smartest people in the field also have many opportunities to advance more quickly.
All you need is a flawless marketplace brimming with possibilities and skills. Here is a list of the top White Label NFT marketplace solutions from across the world that people value highly for their potential and capacity to make business operations easier.
The industry has several well-established companies, some still in the background. And for you to exalt your innovative business concept, navigate through this Readymade NFT marketplace, which may be elevating you to a false sense of potential. Below is a list of reputable NFT Market Place Solution markets to keep up with current trends, thanks to a greatly enhanced user experience.
White label NFT marketplace — what is it?
A pre-built, customizable white-label NFT marketplace is what your NFT business requires. An NFT white-label marketplace must be pre-integrated with the necessary functionality to support customers and creators in their free creation, purchase, exchange, and sale of NFTs. You must add your own NFT business labeling to make the NFT marketplace appear your own.
Highlighting Features of an NFT Marketplace
1. NFT Minting Process through White-Label NFT Marketplace
Daily NFT transactions occur in an NFT marketplace, so the entire NFT minting procedure must be, at the very least, reliable and error-free. There are currently some white-label NFT minting platforms that provide both lazy minting (where NFT gas fees are charged at the moment of purchase) as well as traditional minting methods (where gas fees are charged at the moment of NFT creation), each of which has a different purpose and a different target audience.
2. Crypto Payment
An NFT marketplace must support crypto payment for most of its transactions in addition to NFT minting, making it a crucial component you cannot do without. Through crypto payment, buyers and sellers can interact in a safe, secure, & transparent manner using cryptocurrency. The transactions are recorded on the blockchain for all time and are fully accessible and readable.
3. Customization & Customizable
The white-label nature of an NFT marketplace means that it has a level of customizability with which you can apply your branding – and popular white-label NFT marketplaces should all support this. At the base level, you should expect basic customizability, such as the ability to change the header & footer of the NFT marketplaces to add some touches to your brand. On a more advanced level, you should expect the ability to deep-customize your NFT marketplace further with theme customization, add-ons, and so on.
4. Dashboard of Management
Because NFT marketplaces are white-label, you can customize them to add your branding, and all well-known white-label NFT marketplaces ought to enable this. You can expect some basic customization at the most basic level, like the ability to alter the NFT marketplaces’ header and footer to represent your brand better. At a more advanced level, you should anticipate having the option to further deep-customize your NFT marketplace with add-ons, theme customization, etc.
9 White-Label NFT Marketplace present In The Market
A few NFT markets with substantial trading volume and rising recognition are listed below. Each White label NFT Marketplace Solution platform is limited to a particular demographic and has a special feature to draw users and artists. You will find the greatest Pre made NFT Marketplace model featuring enhanced and greatly expanded capabilities to operate the business while immersed in the flow.
Here, we’ve provided a list of them that may be motivating for you, ultimately igniting your desire to create your own White Label NFT platform & turning it into a success story that will serve as an inspiration for your commercial operations.
1. SoluLab
Solulab offers comprehensive white label NFT marketplace services that empower businesses to establish their own NFT platforms with seamless bidding and buying experiences for buyers. Their solution encompasses a network of NFT Marketplace development services, carefully crafted with a focus on user interface and international NFT trading to enhance comfort and reduce time-to-market. Leveraging Solulab's expertise, businesses can effortlessly create a sophisticated white label NFT marketplace platform that supports multiple blockchains, expanding the possibilities for trading and engaging with NFTs.
$25-$49
50-249
2014
Los Angeles, CA, USA
Disney, Microsoft, Georgia Tech
2. OpenSea
OpenSea is among the primary NFT markets with rising user traffic and fairly good market credibility. A multifaceted NFT trading platform comparable to Rare that can exchange special digital assets, The 20th Century Fox collaborators created and sold a limited edition of Deadpool Two unique digital posters thanks to OpenSea’s reputation in the market. We can also argue that OpenSea appeared worldwide, eliminating the restriction and allowing the crypto industry to explore the market fully.
$80-$95
201-500
2017
New York, United States
DeFi Republic, Aramco
3. Rarible
Rarible is the market pioneer who introduced NFT trading. The first & most well-known marketplace on the international market, NFT Marketplace, is infallible. This is the first place in the developing digital era for creators to discover their ideas, works, and invocations with value. Additionally, it provided a platform for makers and collectors to work together to understand and adapt to their respective markets. Not only that, but Rarible has continued to maintain its originality. Technology was able to easily transition into improved technology thanks to the interface’s simplification and simplicity. Furthermore, it is indisputable that Rarible created the opportunity for developers to acquire stock in the company.
$55-$90
51-200
2020
Delaware, United States
Siemens, Nestle, Liveramp
4. SuperRare
The more useful SuperRare becomes superior as a marketplace. For platform creators, there is room for growth. It provides a venue to transact and exchange NFT and enables social interaction. The idea of a social network in marketplaces similar to SuperRare has acquired traction and expanded the platform’s functionality. In the forum, the buyers and sellers converse, talk about NFTs, and interact with locals.
$25-$50
10-50
2018
Delaware, United States
Eduvalue, Etisalat, Landmark
5. Axie Infinity
The gaming platforms that have equally positioned themselves on the front row in the digital trading market must be noticed within the list of talkies on Blockchain technology, NFT, and other topics. Axie Infinity-style game NFT marketplaces were established to link popular gaming cultures with the technology trend. Users and gamers on the site can breed and engage in combat, and they can also exchange their Axies as NFT in the market, together with their qualities, powers, and other characteristics, using Ethereum blockchain networks. The most valuable collectible generated $42 million in sales by June 2021 because of the pioneering information about NFT Marketplace, which includes Axie Infinity.
$55-$90
11-50
2018
Vietnam
JABIIL, SITA, J2 Global
6. CryptoPunks
Since its inception with Ethereum blockchain networks in June 2017, The CryptoPunks has experienced both the first-generation NFT’s speed and the eventual rush. For their uniqueness, around 10,000 Cryptopunks are establishing rarity & producing scarcity in the ecosystem.
$55-$90
10-49
2017
New York, USA
Fedex, KraftFoods
7. DecentraLand
The NFT revolution’s entirely transactional nature is the most astounding development, & Decentraland is such a prime illustration. In June 2018, during DecentraLand’s early phases, a real estate company got close to a $1 million transaction for 259 parcels with an ambition to build a virtual metropolis known as the Metaverse, according to the Welcome of a Digitized Real Estate Trade. The Ethereum blockchain, which has generated significant fanfare and has a place in the cryptocurrency world, powers this 3-D VR platform.
$55-$99
11-50
2017
Beijing, China
Amazon, Mitsubishi
8. Foundation
Artists can play games on a unique platform called Marketplace Like Foundation. All selected artists & collectors have more room to delve into their specialized areas. These platforms clarified that they wanted to enable consumers to experience the entire range of the creative economy’s characteristics.
$25-$50
11-50
2020
California, USA
Airbnb, Sony, Nintendo
9. NBA Top Shots
The National Basketball Association joins the NFT bandwagon. It’s the most technologically significant time in basketball and NFTs history. The fans were ecstatic to purchase NBA Top Shots, Video clips, and more. There is room for NFT, which has overflowed with opportunities for participants and enterprises with improved profitability. The Blockchain enabled this to happen.
$25-$50
50-100
2020
Vancouver, Canada
Airbnb, Sony, Nintendo
Conclusion
These are some markets with expanded capabilities and distinctive action tales. You can select the best option available and the one that is most appropriate for your company, launch it and then make any necessary customizations based on customer expectations and operational needs. Although it doesn’t look like the party has begun, it is already hopping. Although anything may appear simple and magical from the outside, many technical & logical inputs must be processed internally. Additionally, there’s always room for fresh updates and innovations. With your carefully built White Label NFT platform, which includes the necessary adaptations and input from the top local developers, you may explore your ideas and progress among the NFT industry’s titans.
SolubLab offers white label NFT marketplace development services that enable businesses to build their own NFT marketplace platform from scratch. With a focus on user interface and international NFT trading, SolubLab’s solution provides a comprehensive package of NFT marketplace development services with support for multiple blockchains. Their experienced team has a proven track record in developing NFT solutions across various domains such as artwork, digital collectibles, gaming, and asset tokenization. By leveraging SolubLab’s expertise, businesses can create a seamless white label NFT marketplace platform and benefit from increased comfort and reduced time-to-market. To get started, contact SolubLab today.
FAQs
1. What is a White-Label NFT Marketplace Solution?
A White-Label NFT Marketplace Solution is a pre-built, customizable platform that allows businesses to create their own branded NFT marketplace. It offers a ready-to-deploy solution for buying, selling, and bidding NFTs in the form of digital collectibles. This platform can be customized with specific branding and features, making it an efficient and cost-effective way for businesses to enter the NFT market.
2. What are some benefits of using a White-Label NFT Marketplace Solution?
White-Label NFT Marketplace Solutions offer several benefits. They provide a time and cost-efficient way to launch an NFT marketplace, eliminating the need to develop a platform from scratch. These solutions also allow for customization, enabling businesses to tailor the platform to their needs and branding. Additionally, they offer increased revenue potential, security, scalability, and access to a global market.
3. What are some common features of White-Label NFT Marketplace Solutions?
White-Label NFT Marketplace Solutions come with a range of features. These include customizable front-end design, flexible smart contract creation, secure storage of NFTs, and integration with popular wallets. They also offer features like product listings, payment processing, and order management, which are essential for running an online marketplace.
4. What are some examples of White-Label NFT Marketplace Solutions?
There are several White-Label NFT Marketplace Solutions available in the market. Some of the most popular ones include SoluLab, Opensea Clone, Rarible Clone, Enjin Clone, Sorare Clone, SuperRare Clone, Foundation Clone, Solanart Clone, and Solsea Clone. These platforms are developed on various blockchain networks and can be customized according to business requirements.
5. What are the benefits of developing a White-Label NFT Marketplace Solution?
Developing a White-Label NFT Marketplace Solution offers numerous benefits. One advantage is scalability, allowing the platform to handle a growing number of transactions efficiently. Additionally, the solution provides enhanced security measures, seamless integration with multiple wallets, and the ability to adapt to the ever-changing trends of the NFT market.
