Become an early adopter in a digital revolution that will redefine digital asset ownership. Our NFT marketplace development solutions cater to businesses in different verticals.
NFTs or Non-Fungible Tokens are tokens representing digital assets that can be traded in exchange for cryptocurrency. At Pyramidion, we will help you convert your art or other traditionally reserved assets to a token to generate crypto profits. By minting an NFT, you place a verifiable tag on your asset. This provides you digital ownership, makes your asset secure through blockchain technology and provides you with robust, irreversible, irreplicable IP rights.
NFTs are simply digital counterparts of real-world assets. They are generated on the Ethereum token standard. Regardless of the business you are in - media, real estate, art, - you can benefit from the current trend of NFTs. Due to being tokenized using blockchain technology, they are highly secure and there is no hassle of worrying about IP rights. You can always track their movement and transfer in the virtual space due to the digital ownership it confers you.
This year alone, the early adopters of NFT marketplace technology have seen millions in revenue. As more and more artists and collectors hear about the technology, they want to start trading. Currently, there are only 27 marketplaces on Ethereum that cater to digital art NFTs. This leaves tremendous opportunity for other players.
One of the hottest trends in the financial and technology markets today is blockchain technology. It is touted to have the potential to transform entire business models in various sectors. This e-book will help you understand the different aspects of blockchain and cryptocurrency and how they present potential for you and your business.
The NFT marketplaces we create could cover a wide area of industries and business verticals, and serve different purposes:
Convert an intricate or exquisite work of art to a digital asset. Assign an NFT token and value, and start selling it in the NFT marketplace.
An NFT is inherently an asset with a value. If your NFT is highly valued, you can use it as a collateral to get loans.
In-game purchase of limited assets just got easier with NFTs. Collect player cards, signature cards, videos, and others. You can also use some of these across gaming platforms.
All kinds of fashion accessories, rare items and ornaments can be minted and tokenized as NFTs. Details of their value will now be made public and easy to track.
Build and sell land and buildings virtually in NFT marketplaces for a profit. Creators can also do the interior design of the properties and sell them for a higher price.
Convert the best designs, interior or exterior, that you created for a building into NFT tokens. Monetize your talent for architecture.
Your original music and video files can now hold a tokenized counterpart to gain and transfer ownership to interested fans for a fee.
Our blockchain-based naming system allows users to trade domain addresses using NFT tokens.
Defi stands for Decentralized Finance. It stands for conducting financial transactions on blockchain networks without intermediaries such as banks. NFTs hold promising applications in Defi.
NFTs are assets with a value. They can be liquidated in DeFi.
NFTs can also be converted into tradeable funds with DeFi.
NFTs can be placed as collateral in processes such as borrowing a loan.
DeFi increases the legitimacy of NFTs in business verticals such as real estate, gaming, music, etc.
By aligning tokens in the DeFi network, we can ascertain the real-world value of NFTs.
The original Ethereum token standard for NFTs. Each token is unique and can be valued independently.
An Ethereum token standard used for both fungible and non-fungible assets
An NFT token based on Binance Smart Chain
A token standard on Binance Smart Chain that provides a flexible template for developers
The marketplace is where creators showcase their non-fungible assets for sale with an assigned value. Most NFT marketplaces list diverse types of NFTs from different business verticals, from gaming tokens to paintings to domain names. Each marketplace trades over a specific type of blockchain technology such as Ethereum or Binance. Pyramidion guides businesses through the complete process of custom NFT marketplace development.
In our marketplace, it is possible to list NFTs according to their rank that is accorded on the basis of price, availability, and other statistics. This also lets the owners understand the demand for their work.
Our marketplace lets users bundle several of their tokens and list them.
Our marketplace lets users either fix a price for their NFT or bid them. Bidding happens either via a Dutch auction or an English auction.In an English auction, the seller denotes the minimal acceptable price and starts the auction. The sale is made for the highest bid. In a Dutch auction, the seller begins the auction at a price above the expected slab and the value declines over time.
Users can browse through NFT listings by applying several kinds of filters such as Recently Listed, Highest Price, Oldest, Most Viewed, etc.
Before brainstorming on NFT marketplace development, you might want to understand the existing players:
It is the first NFT marketplace and currently the biggest one. It lets users mint, buy and sell a wide variety of products.
Another open marketplace that is gaining widespread popularity and lets users mint and trade a variety of assets.
It is a marketplace for fantasy sports that lets players participate in fantasy league games.
Considered as the most successful project of Dapper Labs, it tokenizes video clips, player cards and other approved memorabilia of the NBA.
It is an innovative marketplace that helps monetize tweets in the form of NFTs.
It is a game developed over the Ethereum blockchain platform, and it gained popularity due to the virtual cats that players can buy, collect, raise and sell as NFTs.
We are a group of blockchain technology experts with extensive experience in NFT minting and NFT marketplace development, with several successful projects to our name.
Our custom software facilitates quick and optimal creation of marketplaces best suited for your business requirements.
We carefully integrate all the optimal features such as crypto wallet, an effective user interface, and tamper-proof security.
We provide support and guidance round the clock.
A non-fungible token, or NFT, is a digital asset - such as a music file, image, text or video - that is recorded in a decentralized database and bid for a certain value in the NFT marketplace. The entire transaction is secure and private. The price of a particular token is determined by its creator based on market fluctuations.
A fungible token is not unique, and all tokens of a certain kind have the same value. A non-fungible token, on the other hand, is distinct and irreplicable. Think of it as the difference between a bar of gold and a gold ring. All gold bars of the same weight hold similar value at any one point in time. However, the value of the gold ring is variable on its unique make and weight.
NFTs are based on blockchain technology, a decentralized system that replicates blocks of transactions on several systems so that there’s no intermediaries required. Blockchain technology is currently enjoying immense interest from investors, private companies and governments. They have varied applications. NFTs will play a significant role in this ecosystem, and it will help to invest in these value-based assets.
To create an NFT, you must have the ethereum currency ETH and a crypto wallet. Then you upload your digital asset and mint your NFT, that is, get it tokenized onto the blockchain with a unique token sent to your wallet. The entire process can take upto five days when minting for the first time. Subsequent transactions are faster.
Some marketplaces have mining fees to list an NFT. Some others take mining fees only when the item gets sold. It also costs to open a crypto wallet account.