Almost every asset in the world can be monetized as a Non-Fungible Token (NFT). Likewise, there is one platform that facilitates the instant minting of crypto collectibles. It is none other than Mintable.app. Importantly, it allows individuals, brands, as well as sellers to mint artwork, music, sports goods, videos, and other utility assets. Built on the Immutable X Protocol, users can also buy and sell NFTs without paying any gas fees. Do you want to be a victorious cryptopreneur? Develop a Mintable.app clone with AppDupe.
The main features of an NFT marketplace similar to Mintable.app
Search panel – Users can discover limited-edition collectibles instantly. They can enter the names of creators and retailers. Moreover, details like the NFTs for sale, number of owned collectibles, names of retailers and wholesalers, prices, a description of the asset, attributes, and reviews from customers are showcased.
Filter and search panel – Prospective investors can sort out collectibles by clicking the filter option. For instance, the Mintable.app has listed famous NFT collections like Audioglyphs, Azuki, Meebits, Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), and Terraforms.
Subsequently, they can select crypto-collectibles by clicking options like All (Buy Now, Ongoing Auction, and Has Offers), Newest (Most Viewed, Price (High to Low and Low to High), and Rarity (High to Low and Low to High). Later, they can view the profiles of the artist and purchase the crypto-collectibles.
Mint button – Artists can mint assets in a hassle-free manner on an NFT marketplace like Mintable.app. They should click the Mint button, select either the Ethereum mainnet or the Immutable X protocol, and choose gasless (no transaction needed) or traditional (transaction needed) options.
New NFTs section – Users can check out brand-new collectibles launched by renowned artists and acclaimed brands. They will receive real-time updates when new drops and auctions happen. Subsequently, prospective buyers can check details like the name of the seller, the name of the store, the price in Ethereum (ETH) and US Dollars (USD), and pay for the collectibles either in digital currencies or via credit cards.
Besides that, investors can also click the metadata and view details like the Token ID, name of the token, the original content (images and videos), the contract address on the Etherscan blockchain explorer, the royalty percentage (paid to creators and stores) and the mintable fee (in %).
Store History section – NFT collectors can click the store history dashboard and view the trends in sales and trading volume. They can view quantitative and qualitative information like the changes in average price (1 week, 2 weeks, 1 month, 2 months, 3 months, last year, and all-time), and transaction history.
Top Sellers panel – Artists and brands with the highest sales are showcased here. Buyers can click the profiles of the sellers and view information like the number of items, views, and the estimated value of the collectibles.
Help Centre – Users can sort out problems by contacting the help desk. They receive adequate support for issues like minting collectibles, high gas fees on Ethereum, Immutable X Protocol, and Zilliqa, depositing and withdrawal of funds from the MetaMask wallet, processing of payments, cancellation of offers post submission, and voting on different proposals that influence the future growth and development of the NFT marketplace.
Lit up the metaverse by creating an NFT marketplace like Mintable.app?
Live Chat With Us Analyzing how Auctions function on a Mintable.app clone?
- Generally, users can buy collectibles either from Auctions or Auctions with Buy Now section.
- Moreover, all auctions are open for a fixed duration (12 hours, 1 day, 2 days, 3 days, and 7 days).
- Thus, investors have to place bids within the deadline. Importantly, they can miss out on purchasing the NFT if other buyers bid them.
- Subsequently, winners will receive notifications after the auction gets over.
- How do auctions with buy now work? Users can select either the bidding or the buy now button. Importantly, they can purchase the item listed at a specific price. Hence, the NFT gets sold and the bidding stops.
- Moreover, artists and sellers of crypto-collectibles can extend the auction by a specific period if investors make bids at the last minute.
- Importantly, investors cannot cancel their bids after submission. If they win the auction, buyers have to process the completion of the auction.
- What if sellers do not receive the payment from the buyers? They can mark the collectible as “Not Paid”. This limits the ability of buyers to make bids in the future.
What are the sources of revenue from a Mintable.app like NFT Marketplace?
Advertisements – Talented creators and renowned brands can easily get more sales for their collectibles. They can aggressively promote their rare Non-Fungible Tokens (NFTs) across instant messaging apps and social media platforms.
Sellers also have the freedom in fixing the banner feature and the nature of content in newsletters and press releases. Eventually, investors will make more bids once the auction begins. You can also offer lucrative packages for social media posts, articles, and stories, and organize Ask Me Anything (AMA) and Giveaway sessions.
Custom Stores – Sellers can easily attract buyers through eye-catching landing pages for their stores. Moreover, project creators can reach a wider target audience by placing their home page banner ads strategically.
They can also send customized emails to a select number of investors, reach out to new buyers via comprehensive editorials, and organize interactive sessions with regular bidders.
Is Decentralised Autonomous Organisation (DAO) the future of NFT Minting?
Users who hold ERC-721 tokens receive voting rights on an NFT marketplace similar to Mintable.app. Thus they can vote on multiple proposals like upgradation of the NFT marketplace, selection of featured creators for eye-catching collectibles, and changing the terms and conditions of the Ethereum smart contracts.
Moreover, this offers several benefits like protection against market manipulation and more powers to holders than speculators. Interestingly, each NFT contains voting power. Users have to enter a specific amount in ETH and pass votes on several proposals, and process transactions by linking their MetaMask wallet.
Wrapping Up
Looking to overtake your competitors in the metaverse? Develop an NFT marketplace like Mintable.app by reaching out to us now.
Launch a Mintable.app clone that can mint and trade collectibles easily
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.
