Meebits NFT marketplace : A Complete Overview of How to launch Meebits like NFT Marketplace
Author Meebits NFT Marketplace, NFT Marketplace Development
After captivating investors with the CryptoPunks NFT marketplace that offered 10,000 unique crypto collectibles for sale, Larva Labs recently came out with another world-class platform, The Meebits NFT marketplace.
It offers 20,000 valuable 3D voxel characters for sale to interested investors. The Unique Selling Point (USP) of the Meebits NFT selling platform is that there are no trading fees. This helps in attracting a large number of buyers to make bids for purchasing digital collectibles. Above all, The Meebits marketplace offers numerous NFTs with a mix of gaming, virtual reality (VR) and virtual worlds.
The Meebits NFT marketplace generates an average trading volume of $102,940 every day, according to data given by DAppRadar.com. It has crossed a trading volume of $1.32 million in the past 7 days. Meebits ranks number 4 in the crypto industry in sales and trading volume 18 days after its launch.
Statistics about the spectacular success of The Meebits NFT marketplace
- According to NonFungible.com, Meebits has sold – a whopping 12,864 crypto collectibles in just 18 days after its launch in the market.
- The total trading volume on the Meebits NFT – marketplace has surpassed a mind-boggling $139.34 million.
- Investors bought 212 NFTs for $357,350 – in the last 7 days with $1.32 million in trading volume.
- The Meebits marketplace has sold – more crypto collectibles through secondary sales (161) than primary sales (51) in the last week.
- The Meebits NFT marketplace has processed – 22780 peer-to-peer transactions so far and also has a positive cash balance of $526,530 as per DAppRadar.com.
Win the race easily by commencing Meebits NFT marketplace development
Connect on WhatsApp Features of the customized Meebits NFT marketplace
ERC-721 compatibility
All the NFTs sold on Meebits completely comply with the ERC-721 standard issued by the Ethereum blockchain network. All the crypto collectibles consist of a unique contract address and a Token ID. In addition to this, the entrepreneurs can track the creation of all the tokens on the Etherscan Block Explorer.
Speedy processing of transactions
Content creators get the required funds quickly. The Meebits NFT selling platform has a high processing speed of 100 Meebits per transaction. Both the buyers and sellers agree with the ask (lowest selling price) and bid (highest selling price) to execute the transactions.
Extra incentives for investors
All the owners of NFTs purchased from The Meebits marketplace can use the T-pose OBJ file for animating their crypto collectible using 3D technology. The additional elements in the assets pack are high resolution and lossless renders.
Open Offers
The trading deals are highly transparent on the Meebits marketplace. It includes data about the offers made by the makers (sellers) and takers (buyers). Certain auctions will be valid for a specific period and investors have to place their bids directly to the wallet address of the artists.
Subsequently, the addresses can also be verified in Etherscan, which acts as a Block Explorer and an analytics platform.
List of Attributes
The NFTs sold on The Meebits online marketplace come as two attributes (Jersey Number and Tattoo). Tattoo NFTs contain extensive information about the appearance like (bandana, beard, glasses, earrings, hair, hat, headphones, jackets, jerseys, moustaches, pants, shirt, shoes, sunglasses, and trucker cap).
Each crypto collectible has a unique Jersey Number. The buyers can view all the listed NFTs on The Meebits marketplace through the OpenSea platform.
Dutch Auction
The Meebits NFT marketplace uses the Dutch auction format. The prices of NFTs are high at the time of listing. However, the sellers decrease the price gradually until an interested buyer accepts the trading deal.
Seamless integration with MetaMask wallet
It is a secure digital wallet available as a browser extension and a mobile app. Investors buy NFTs through Ether (ETH) cryptocurrency on MetaMask. Furthermore, investors can safeguard their crypto holdings with measures like a key vault, a password, and a secure login option.
Meebits Owners
Data about the buyers of NFTs, their wallet address, and the total number of Meebits NFTs purchased is shown.
Meebits Trading Terminal
Unquestionably, the seller of NFTs includes details of their wallet address and the name of the Meebits NFT.
Once they have reviewed all the received offers, the artists can select the best bid and inform the respective buyer. Finally, the investor enters his/her wallet address and the price in ETH that they are willing to pay.
Besides, the sellers have to agree to the terms and conditions mentioned in the Ethereum-based Smart contract. They submit details of the final offer on the Meebits NFT marketplace.
Meebits Trading System for Deposits and Withdrawals
Investors can withdraw their trading balance anytime by mentioning a specific amount of ETH and their wallet address. They can also deposit any number of ETH cryptocurrency to their wallet address for purchasing high-value NFTs from the Meebits marketplace.
IPFS Integration
The Meebits NFT marketplace is integrated with the InterPlanetary File System (IPFS), which is a peer-to-peer (P2P) hypermedia protocol. All the data of the artists and investors are securely backed up in the distributed file system. Each minted NFT will have a matching hash stored on the IPFS.
How is AppDupe highly proficient in Meebits NFT marketplace development?
Apart from integration with the MetaMask wallet, we provide support for other Ethereum-based digital wallets like MyEtherWallet, Trust Wallet, and WalletConnect.
Investors can also store their crypto assets in Ledger Nano S and Ledger Nano X for additional . Both the Ledger Nano Wallets (S and X) can also be integrated with the MetaMask wallet.
We maximize the sales for artists by marketing their NFTs through posts in email, crypto forums, and social media networks. Moreover, we also ensure protection against issues like copyright infringement and duplication for content creators. This assures a safe and trustworthy trading experience.
Cost
The budget for creating the readily deployable Meebits marketplace is divided into different stages. It includes business analysis, market research, UI/UX designing, prototype creation, front-end and back-end development, testing, launching the platform and implementing marketing campaigns.
Additionally, the cost of development also depends on factors like features, hourly rate paid to the developers, the level of customization, multi-platform compatibility, tech stack, the total time taken, and third-party API integration.
Final Thoughts
Undoubtedly, The Meebits marketplace has become the talk of the town. It has grown from strength to strength and acquired more artists and traders quickly. Hence, entrepreneurs can emerge as the undisputed leader of the crypto revolution. They can team up with AppDupe now for magical Meebits NFT marketplace development soon.
Boost your business performance with the game-changing Meebits NFT marketplace
Marketing is my soul mate and writing is my side kick. Using my writing skills to share the knowledge of app development and upcoming technologies.
