Broctagon Launches Social Media-Based NFT Marketplace White Label

Broctagon Fintech Group has launched a unique social media-based NFT marketplace white label solution for businesses, communities and individuals looking to launch their own NFT marketplace. A White Label NFT Marketplace is a ready-made NFT platform that can be customized to your business needs, and launched into the market without hefty developmental costs and time.

Broctagon’s NFT Marketplace white label is uniquely social media and app-based, making it the easiest way for your community to mint, sell and buy non-fungible tokens.

Key Features

• Brand Customization: Fully-branded platform colour scheme for your unique brand identity

• Configurable Commission: Determine your own percentage of platform revenue fees, create your own flexibility for incentives and marketing referral campaigns

• Smart Wallet Support: Customizable smart currency support for crypto and fiat transactions, with API for external wallet compatibility via API

• Tiered User Group Control: Create different customizable plans (free, premium, etc) for user groups for marketing promotions and user perks

• Gas Fee Optimization: Built-in gas fee optimization system to ensure seamless user experience without centralization

For Users:

• Minting: Snap photo or upload photo via mobile to turn them into NFTs.

• Marketplace: Streamlined filer and smart suggest social algorithm to view and purchase NFTs.

• Auction: Auction for a limited time to generate the best sale price.

• Recurring Royalty: Attach original creator attributes and set recurring royalty so the original creator profits if NFT is later sold for a higher price.

• Fractional Ownership: Tokenized divisible NFTs  for shared community ownership of NFT assets, making even the most expensive NFTs accessible.

What does a Social Media-Based Marketplace do?

Broctagon’s NFT marketplace white label provides unique social networking features that fuels liquidity and value for non-fungible tokens on the marketplace. With social tools, enhance engagement via likes and shares and smart algorithm to create more visibility and liquidity. The app-based social media NFT marketplace generates higher value NFTs from personal connections between your brand, creators and collectors, establishing your brand as the preferred NFT marketplace.

Read More:  The Future of Social Media with NFTs

Why Launch an NFT Marketplace?

An NFT (non-fungible digital token) is a token minted on blockchain technology that represents a one-of-a-kind asset and is not interchangeable. On the blockchain explorer, the history, owners and authenticity of each NFT can be verified. An NFT can consist of an asset, say a piece of digital artwork, music or photo, plus a contract on blockchain asserting that the created piece of art is the original. NFTs have taken the world by storm, where the global market has hit $22 billion in 2021.

Launching an NFT marketplace can unlock new revenue streams for businesses, by profiting from existing content. It helps brands connect on a more intimate level and build a stronger community by understanding their wants and creating perks, and giving them an avenue to take control and ownership over their content.

Read: How NFTs Can Help Artists

Why a White Label?

Building and developing an NFT marketplace platform is typically costly and time-consuming and the right professionals would have to be hired to design the platform. A company would have to hire developers who can build the front and backend, consider UI and UX, server setup, technology stack and other developmental costs to build the NFT marketplace. After it is developed, they would need to deal with server maintenance, minting and transaction costs.

Choosing a white label NFT platform development ensures a ready-made solution for your business rather than developing an NFT platform from scratch. A white label NFT Marketplace allows you to get a quick start to a fully-branded NFT marketplace ahead of competition, without hefty developmental costs.

Schedule a Demo for Our NFT Marketplace White Label Now!