Non-Fungible Tokens (NFTs) continue to capture the interests of artists, content creators, and investors across the world. Crypto collectibles possess a daily trading volume of $6.62 billion as per CoinMarketCap.
Did you know that even a Tweet can be monetized and sold for a high price? Jack Dorsey, the CEO, and co-founder of Twitter kickstarted this trend. He sold his tweet for more than $2.9 million on the Valuables by Cent (Vcent) NFT marketplace in March 2021.
The platform is owned by Cent, a blockchain-based social media company. Not just Jack, even ordinary artists and users who are on Twitter can do the same. Entrepreneurs who want to make money by trading Tweets can create a Valuables clone in collaboration with AppDupe.
How will $3 million help the Valuables NFT marketplace?
- Cent, the owner of the Valuables NFT trading platform, raised $3 million in funds recently. The company will focus on adding new tools for content creators to monetize their tweets.
- The Valuables by Cent (Vcent) NFT marketplace aims to provide a sustainable source of income for artists and influencers on Twitter. People who write Tweets can also make profits and own the data related to their target audience.
- The Valuables tweet monetization platform will look to earn more revenue from commission. Currently, it imposes a 5% commission on every sale of an NFT. Further, it pockets a 2.5% commission on secondary trading of Tweets.
- Cent which controls the Valuables NFT marketplace would strive hard to increase the user base of 50,000. It is planning to entice creators from other famous platforms like Instagram and TikTok by introducing non-crypto payment methods.
- The Valuables NFT trading platform allows artists and previous seeders to get 47.50% each of earnings from their primary sale. Seeders receive a share of the future profits minted by content creators. Besides that, users on Twitter can pocket 10% from the secondary sale of their Tweets on Valuables.
What is the meaning of a Valuables clone?
- It is a world-class NFT marketplace for buying and selling Tweets. The Valuables clone operates on the robust Ethereum blockchain network. It also uses the Matic sidechain. This ensures more decentralization and scalability for all users.
- The online platform shares real-time information about the date and time of listing of the NFTs, names of content creators, new Tweets minted to the gallery, and reserve price in Ethereum (ETH) or US Dollar (USD).
- Buyers can process transactions for purchasing their favourite Tweets in Ethereum (ETH) cryptocurrency. They should use the MetaMask digital wallet through a browser or a mobile app. Likewise, investors can safeguard both their ERC-721 and ERC-1155 assets on the software wallet with passwords or private keys.
- Importantly, the Valuables clone integrates seamlessly with the API of Twitter. Hence, the online NFT trading platform gains direct access to users’ information like accounts (blocked, muted, and followed), collections, email addresses, lists, protected tweets, and tweets.
Impress Twitter users by purchasing our Valuables clone
Connect on WhatsApp Analyzing the significance of the Leaderboard on the Valuables clone?
At AppDupe, we ensure that you can share information transparently about the purchase and sale of Tweets on the online platform. Users can check the View Leaderboard section on the Valuables like NFT marketplace.
They can see 3 sections (Top Bidders, Top Sellers, and Top Collectors). Netizens get real-time data about Tweet-related NFTs daily, weekly, and monthly. For example, they can click the profile of a person mentioned on the Leaderboard. Users will know the number of NFTs that are collected and minted. They can be aware of the past and present offers being made.
Further, interested investors can filter the Collected Non-Fungible Tokens (NFTs) from newest to oldest. This will enable them to know the names of previous buyers and the price of purchase (ETH or USD).
Moreover, NFT enthusiasts can view the Top Tweet Sales panel. They can see the names of buyers and sellers, the date and time of the trading deal, offer history, the selling price, and the type of tweet (GIF, image, meme, and video).
Therefore, the Leaderboard keeps refreshing with insightful data based on the number of new Tweets being bought and sold.
What is the counter-offer mechanism on the Valuables clone?
Anyone on the entire Internet can purchase a Tweet on the NFT marketplace like Valuables. They need to price their offer attractively. If not, another buyer who makes a better offer will easily outbid them.
This concept is called the “Counter-Offer”. Importantly, the content creator or seller of the NFT has full freedom to accept or reject an offer made by an investor. Moreover, buyers must bid early when Tweets are listed for sale in an auction. They have to select a particular Tweet and copy its share URL from the Twitter platform.
Investors should paste the URL on the Valuables clone. They have to pay a specific gas fee in Ethereum (ETH) for making the bid. Buyers can inform the seller through Twitter or other platforms like Instagram and LinkedIn.
In case, the seller accepts the buyer’s offer, the sturdy Ethereum blockchain network will automatically mint the Tweet. Hence, investors do not receive any notifications concerning the acceptance or rejection of the bids. They can execute their transactions immediately.
If users do not possess Ethereum (ETH) cryptocurrency, they can purchase some units from a crypto exchange. Later, they can transfer it to their MetaMask wallet via the Wyre Payment API.
Furthermore, the buyer of a Tweet-based NFT pays Network Charges for processing the transaction on the Ethereum mainnet.
Finally, he/she gets hold of the unique NFT with an exclusive autograph of the artist. The investors can see their new crypto collectibles on the Collected Tab of their profile.
Wrapping Up
The Valuables NFT marketplace is very innovative since it converts all the free content posted on Twitter into premium digital assets. Hence, artists and influencers will use the platform to monetize their funny memes, texts, threads, photos, and videos.
Further, users would pocket extra income through Spots. Each Spot refers to a Like on their Tweet. Generally, content creators can earn $10 if they get 1000 Spots.
Therefore, entrepreneurs like you can change the social media industry forever by getting our Valuables clone. Contact us now and modernize the creator economy soon!
Use our Valuables clone and storm ahead in the digital era
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.
