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Development and launch of an NFT marketplace in 4 months

Superior user experience for buyers and sellers
High degree of protection of assets and personal information
Various asset sale and airdrop mechanics
Market 2022–2023

What happened to NFT in 2022 and why it might not be bad for the technology

The NFT market is still at an early stage of development and is subject to high volatility. Explosive growth is followed by periods of decline.

The actual binding of NFTs to cryptocurrencies in terms of technology and audience determines the current dependence of asset behavior. The collapse of cryptocurrencies led to the fall of the NFT segment. However, this is not the only reason. The market itself was "bloated". The saturation and maturation of the market leads to a decrease in hype demand and the transformation of technology into a tool. The expectation of the introduction of regulation of the NFT market further reduces the interest of speculators in the asset
Forecasts and prospects
It is difficult to predict specific scenarios for the development of the market, but it is likely to continue to grow. More professionals and official organizations will enter the market. As the market matures, we will see more professionalization and regulation. The technology behind NFTs is still relatively new, which means we will see more innovation and experimentation in this area.

The focus will shift from tokens that do not provide any value, such as digital avatars, to innovative use cases for non-fungible tokens - in games, royalties and proof of ownership of real assets, in the field of state and municipal services. NFT tokens are increasingly of collectible interest.

NFTs are no longer perceived as an investment and are becoming a technology
What the numbers say
To what extent does the news flow about the fall in the value of tokens reflect the real situation in the industry? What happens to financial flows? What are the expectations of venture investors? Real numbers can complicate the picture of what is happening:
  • x3

    NFT gaming projects raised $1.77 billion in 2022 vs. $573 million a year earlier
  • x3,5

    NFT marketplaces raised $1.1 billion in 2022 vs. $294 million a year earlier
Business profitability

How much can an NFT marketplace earn?

Calculate the profitability of a hypothetical NFT marketplace
Monthly income
Transaction fee
$500 000
$250 000
Premium Services
$100 000
Secondary sales
$50 000
$75 000
Monthly expenses
Employee salary
$200 000
Server and infrastructure costs
$200 000
Legal and compliance costs
$50 000
Total monthly income
$975 000
Total monthly expenses
$450 000
Total monthly profit
$525 000
It is worth noting that this is a simplified example, and in the real world there are many other factors that can affect the profitability of a project, such as current competition, market conditions, and the regulatory environment.

In addition, the profitability of the NFT market can vary significantly depending on the specific business model
Our solution

Why our solution suits you

To deploy an NFT marketplace, we use our own ready-made solution. This is a fairly flexible technology that can be customized to suit your requirements
Launch in 4 months
Unique design and customization
High security
Web + mobile apps
Scalability when trading volume changes
Technical support after development

Features of our NFT marketplace solution

By launching your own marketplace on our solution, you control the result from the design and layout of the platform to functions and tools. This allows you to create a unique solution and distinguish the exchange from competitors. Serve specific user groups to help attract and retain customers

Working with users

Web3 authorization
Metamask, WalletConnect, etc.
Personal Area
— Purchase history
— Linked Wallet
— Shopping list
— List of sales
— NFT listing on external platforms

Working with assets

Issue of tokens
Issuing NFTs in one of the blockchain networks
— Sale of NFTs at a fixed price or auction
— Withdrawal from sale before the end of the auction
— Change in the cost of NFT offered for sale
— NFT filtering
NFT card
— description
— owner
— price
— sales history
— ...
Buying/selling NFTs
— Initial sale
— Secondary sale
— Accrual of royalties
Giving away free NFTs to promote collections. The mechanics under which an airdrop can occur can be different and are determined at the stage of forming the concept of the marketplace
"Burning" tokens
Withdrawal of NFT and return of the coin amount under certain conditions. The burning mechanism can be different, it is determined at the stage of formation of the concept of the marketplace
White list
Priority access and the ability to purchase NFTs from newly released collections during the initial sale

Additional functionality

Unique Design
$15 000
Registration and authorization of web2 users
$4 500
Authorization Oauth2
$6 000
Extended admin panel
Reporting system: statistics on new user registrations, new collection releases, token sales, etc.

$5 000 - $10 000
KYC and user moderation
$3 500
Advanced User Profile
Avatar, cover image, activity notifications, etc.

$3 500
NFT pre-moderation
$3 000
Buying and selling tokens for fiat
$5 000
$5 000
Creating Generative Collections
Based on a set of standard elements

Price on request
Visualization of 3D NFT collections
Price on request

How the process of creating an NFT marketplace works

There are many factors to consider when launching a platform. Legal aspects, security, competitive environment and characteristics of the target audience
Planning and design
Determination of the goals and objectives of the marketplace. Market research, determination of the target audience and functionality. Design and design of user interfaces
Development and testing
Finalization of the solution for the collected requirements, integration with blockchain networks. Infrastructure setup. Functionality and infrastructure testing
Launch and support
Public launch followed by maintenance of the platform. Updates, release of new functionality and bug fixes. Ensuring the security and scalability of the platform
It should be noted that the process can be non-linear. You can return to the previous stages in order to optimize and develop the site after receiving and analyzing real data

How much does it cost to develop an NFT marketplace

Base price in the described volume
$59 900
Additional functionality
See price

Contact us to learn more about features and technologies

We will discuss your tasks, think together, offer options, calculate
Principles, team, history, technology
Moscow, Tula, Berlin, Yerevan