WENEW Clone : How to Build NFT Platform for Iconic Moments?
Author NFT Marketplace platform development, NFT Platform for Iconic MomentsWhile the world is abuzz with the phenomenon of Non-Fungible Tokens (NFTs), more attention needs to be given to a particular digital artist. It is none other than Beeple. The American also known as Mike Winkelmann sold his crypto collectible for a whopping $69 million via Christie’s, an auction house in March 2021. Interestingly, Beeple had fixed the value of the digital collectibles at just $100. The NFT named “Winkelmann’s Everydays: The First 5000 days” was a collection of 5000 images that he had taken in a row from 2007. The graphic designer launched his own NFT marketplace called WENEW last month. It will sell iconic and rare moments as crypto collectibles. Digital collectibles have a trading volume of $4.63 billion every day as per CoinMarketCap. Hence, it is the right time for entrepreneurs to initiate NFT platform for Iconic moments.
What is the NFT platform for Iconic Moments ?
The online platform will sell a variety of crypto collectibles across industries like fashion, music, politics, sports etc. It will also focus on cultural and historical trends while selling NFTs through fixed-price auctions.
An NFT platform for Iconic moments will share real-time updates about upcoming auctions and the launch of new digital collectibles with the investors.
All the exclusive Non-Fungible Tokens (NFTs) are priced in US Dollars. Some crypto collectibles are embedded with autograph cards signed by celebrities and sportspersons.
Non-Fungible Tokens (NFTs) continue to perform tremendously in the market. The total sales of crypto collectibles in the last 7 days and 30 days are $50.90 million and $184.21 million, respectively. Importantly, investors have purchased 243,220 digital collectibles in the last 1 month as per the NonFungible database.
What are some interesting stats about WENEW NFT for Iconic Moments?
- An NFT of former World number 1 tennis player Andy Murray was sold for $177,777 on the WENEW marketplace. The buyer will get access to a video of Murray winning the Wimbledon in 2013.
Further, investors get benefits such as physical artefacts, signed souvenirs, a 30-minute practice session with Andy, two tickets to the Wimbledon men’s finals in 2022, and a Wimbledon 2021 official poster,
- The WENEW NFT marketplace sells limited-edition NFTs in different sizes. Crypto enthusiasts can choose between 1, 20, 50, 100, and 500.
- The WENEW platform will play a crucial role in the booming world of crypto collectibles. Non-Fungible Tokens (NFTs) have a gigantic market capitalization of $17.65 billion.
- The price of the other 4 NFTs of Andy Murray on WENEW is $4999, $499, $99, and $49 respectively. Investors need to bid for the digital collectibles before the auction gets closed.
How to develop an NFT platform for Iconic moments?
AppDupe creates the WENEW clone NFT marketplace on the robust Ethereum blockchain network. All the buyers receive a physical artefact along with the specific crypto collectible. You can get our world-class WENEW clone and impress millions of art collectors across the world.
The investors who obtain the museum-quality physical artefacts receive the benefits of immutable proof of digital ownership. Ethereum-based smart contracts take care of the day-to-day business operations efficiently.
Our development team helps artists, athletes, content creators, fashion designers, music composers, and photographers to list their precious digital collectibles. They can either sell it as ERC-721 or ERC-1155 standard assets.
ERC-721 based assets contain real-time information about the current token balance, owner of the token, token ID, token pair contract address, and total supply.
However, ERC-1155 crypto collectibles are an upgraded version of ERC-721. It is a perfect mix of fungible, non-fungible, and semi-fungible tokens. ERC-1155 is also called a multi-token standard. Further, each NFT possesses its own metadata and supply. Sellers can transfer several fungible and non-fungible tokens simultaneously and reduce their transaction processing fees.
Further, we offer seamless integration with various digital wallets. Investors can securely store their NFTs in software wallets like Coinbase Wallet, Dapper, MetaMask, MyEtherWallet (MEW), Trust Wallet, WalletConnect, and WalletLink.
Power up your crypto venture via NFT platform development for Iconic moments
What are the benefits for entrepreneurs from Iconic moments NFT platform development?
The WENEW NFT marketplace recently received aggressive bidding from sports fans across the world. This was because of the high demand from investors to purchase the rare digital collectible (Andy Murray’s video).
Further, cryptopreneurs can witness a huge rise in trading volume by selling Iconic moments as Non-Fungible Tokens (NFTs). You can partner with brands, corporate companies, models, and professional players to impress both institutional and retail investors.
Importantly, entrepreneurs mint revenue consistently from our NFT marketplace for Iconic moments. You can earn auction fees, bidding charges, a commission for every sale of a digital collectible, gas fees, listing charges, minting fees, registration charges from content creators, and transaction processing fees.
The Core Features of our WENEW clone?
We offer numerous features like a high-definition video display facility, a social media login option, and 24×7 technical support. Further, our developers integrate the power of Arweave. It is based on the Proof of Access (PoA) consensus mechanism.
The data (private and public) can be stored for a long time in an immutable manner. Buyers of NFTs get real-time information such as the auction deadline, backstory of the content creator, context of the digital collectible, names of the investors, price, recent bids, and total quantity.
Our WENEW clone NFT marketplace follows all the rules of the Children’s Online Privacy Protection Act (COPPA), 1998. Hence, there is no unauthorized collection and sharing of information of children below the age of 13.
Importantly, we ensure minimum energy consumption as part of Iconic moments NFT platform development. Hence, both artists and investors experience the benefits of low gas fees and transaction processing charges.
The cost to create NFT platform for Iconic moments?
The total cost of Iconic moments NFT platform development depends on numerous factors. It relies on the choice of the tech stack, the extent of customization needed by the entrepreneurs, the hourly charges paid to the front-end and back-end developers, the nature of basic and premium features, the type of blockchain network, and the time devoted.
Further, we offer post-deployment services such as API integration, fixing security vulnerabilities, maintenance of the auction website, software upgradation, and technical assistance.
Why choose AppDupe for Iconic Moments NFT platform development?
We are well-equipped with state-of-the-art frameworks and tools for establishing the WENEW like NFT marketplace. Further, we can also build industry-specific NFT marketplaces on other blockchain networks. It includes Binance Smart Chain (BSC), Cardano, EOS, Polkadot, Solana, Stellar, and TRON.
You can obtain our NFT marketplace for Iconic moments and attract artists, celebrities, gamers, models, photographers, publishers, and sports personalities from various parts of the world.
We also provide impactful NFT marketing services by posting paid ads and press releases, publishing articles and blogs, and sharing newsletters. This will maximize your business traction. This is because there is a high interest from investors on both instant messaging platforms and social media networks.
Wrapping Up
Above all, the WENEW NFT marketplace founded by Beeple has made a strong start in the world of tennis collectibles. Sports-based crypto collectibles are a rage in the market due to NBA Top Shot (basketball) and Sorare (football).
The NFT marketplace for Iconic Moments will focus on collaborating with more artists and brands in the future. It is also promoting eco-friendly trading of assets courtesy of its partnership with the Open Earth Foundation.
Hence, you can make waves in the thriving world of digital collectibles now by commencing NFT platform development for Iconic Moments. We guarantee you a rise in average daily investor activity and trading volume on your online marketplace.
Offer support to the creator economy by selling off NFTs for Iconic moments
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.