Crypto Market
July 11, 2021Increasing Fed Intervention In Treasury Market
July 12, 2021
Non-fungible tokens or NFTs, as they are commonly known, have taken the world of blockchain by storm. They have seamlessly integrated the blockchain world with real-world collectibles and have given them a digital dimension. NFTshave created an experience similar to owning a collectible without owning the copyrights to reproduce the collectible.This revolution has spearheaded a wave bringing into light a lot of artists specializing in programmable art, digital art, music production, and every other possible creative space. The participation of celebrities like Lindsay Lohan has further enhanced the popularity and the fact that the first tweet by the founder of Twitter Jack Dorsey was sold for a staggering $5 million as an NFT stand as a testimony to the awesomeness of this concept.There are certain countries like India where NFTs are gaining popularity, but they do not have a proper NFT marketplace. On the other side, literally, NFT marketplaces like Rarible and OpenSea have been creating waves. Rarible has gone a step further and has even enabled people to create their own NFT within their platform, making it easy for creators to launch their own NFT without any hassle. As a Marketplace, it has mastered the art of increasing the supply to keep up the curiosity and engagement on the side of the demand. The gap has opened a lot of opportunities for entrepreneurs to explore this space.There are different ways to develop your NFT marketplace. Building the platform from scratch, however, would be a cumbersome and daunting affair.A white label solution is available as a product that can be purchased off-the-shelf, unlike building a product from scratch, which needs to be availed of as a service by the entrepreneur from some company that specializes in NFT marketplace development. Hiring an in-house team of blockchain developers would be a bigger…
