Here are some of the essential features of NFT marketplace platform
Storefront – The user-end portal should contain all the necessary information about NFT assets, such as descriptions, ownership history, bids, previews, and more.
Search Engine – The marketplace should contain an advanced search feature, where users can easily search for the NFT items they need. A faster execution here is essential as this plays a significant role in determining the user experience.
Filter and Sort Options – The NFT marketplace should also have a widespread filter option so that users can easily get relevant results and sort them easily according to their preferences.
Listing Portal – Creators on an NFT marketplace should be able to mint and list their NFTs easily. A dedicated portal should allow sellers/creators to list their NFTs by providing necessary details, including descriptions, sale mode, and tags.
Status Portal – This feature will be helpful for a seller while listing their NFTs for sale, as it will take some time for moderation. It will be beneficial for a seller who wishes to sell a collection of NFT collectibles.
Bidding Portal – Buyers on the NFT marketplace should be able to place bids easily and update themselves with the current status. It is important to set a deadline date as this increases the interest for the NFT items auctioned on the platform.
Crypto Wallet – It is a must-have feature for any NFT marketplace as they play a significant role in processing transactions. Although users can sign in with their wallet, it is advised to use a built-in wallet for security to offer a seamless experience to the users inside the platform. You can either build it from scratch or coordinate with a popular wallet provider like MetaMask or Coinbase.
Ratings and Reviews – It is essential to have these features so that buyers can know which sellers are the best before making a purchase. In particular, newbies to the NFT world will feel at home when they can judge the worth of an NFT item based on the ratings and reviews given.
Source: https://readwrite.com/nft-marketplace-why-are-they-necessary-and-how-can-they-be-developed/
White Label NFT Marketplace Development
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The white label NFT marketplace involves customization, wallet integration, Metamask integration, and other API integrations with trade charts to indicate the price fluctuation and integrated with the new NFT trends.
White Label NFT Marketplace is an NFT Marketplace platform that is designed to be customizable according to the business owners by meeting the exact requirement the business needs.
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