Polypunks Clone: How To Develop A Punk-specific Marketplace?

NFT functions similarly to a blockchain-linked Cryptocurrency with a monetary value and is tradable. However, it is attractive enough to be called NFTs creation or, even more simply, NFTs digital assets.

PolyPunks is one of the greatest markets for NFT, or virtual assets, with a wide range of GIFs, animations, and basic graphics, and whose authors can monetize their sizzling artworks. 

What is PolyPunks? – Explained

PolyPunks is a Polygon blockchain-linked unique punk NFTs, especially embedded with a rarity mechanism. Poly Punks NFT is a collection of 10,000 individual and randomly created Punks on the Polygon blockchain. Polypunks is a replica of Ethereum-linked CryptoPunks with entire digital ownership. There are various punks on various chains, but none on Polygon.

The predominant NFT principle relates to linking digital assets on the Ethereum blockchain, leaving NFT enthusiasts to rely (a lot) on the network. Due to that, they witnessed difficulties with massive gas fees. PolyPunks came in as a viable alternative to CryptoPunks and deployed unique algorithmically-generated NFT avatars on Polygon to overcome those. If you wonder about their statistical record, you can check it out here. 

How Works the PolyPunks NFT Marketplace?

You cannot trade your tokens directly on crypto exchanges, unlike Bitcoin and Ethereum. To buy and sell non-fungible tokens, you’ll need a unique platform that allows you to create, store, and trade them.

If you wish to leverage PolyPunks clone, first know how its marketplace works:

• Listing – The PolyPunks project kick started deploying unique punks available for trade on major marketplaces. Only later, they built their in-house marketplace, where punk lovers can trade their artpunks. 
• Auction – An NFT marketplace is incomplete without this feature as it facilitates equal opportunities (for everyone). Once the listing is completed, the auction takes place with bids everywhere.
• Payment – Once the bid/fixed price is accepted, the process moves to the payment section. The punk lovers will have to pay their crypto or fiat money for the NFTs they buy.

In the meantime, the PolyPunks platform users will have to connect their wallets (either fiat or crypto) to facilitate hassle-free NFT trading. 

Smart contracts are specific transaction protocols that regulate the relationships between two parties. The buyer and the seller are the parties in this case. These smart contracts are created in code and stored on the blockchain. The smart contracts also provide information about a non-fungible token’s identity. As a result, selling and buying tokens is a simple and user-friendly process.

Main Abilities of The PolyPunks Clone Platform

An NFT marketplace like PolyPunks combines the functions of an auction, an online store, and a non-fungible token-issuing blockchain platform. Users should be able to design and sell their NFT products. Furthermore, convenient marketplaces provide additional features to attract and retain customers and improve the overall user experience on the platform. When creating your own NFT marketplace, consider starting with the following items.

• Platform-agnostic Solution – The term ‘platform agnostic’ refers to the interoperability of an NFT marketplace like PolyPunks across various platforms. The feature saves time and money for many, including the new-gen entrepreneurs.
• Promising Project – While scouring through the project’s Whitepaper, one could see their long-term goals like setting afoot in gaming, farming, etc. Also, to enlist the project on Polygon’s NFT marketplaces is a significant one. 
• Trading History – The NFT marketplace usually has a component where users may look into their trading history. It will aid in determining the platform’s popularity and what is sold, and at what price.

Hands-on support is crucial for any NFT project/marketplace. An NFT platform like PolyPunks hits the ball in the right area with its round-the-clock support service coupled with social media handles. 

Why Choose AppDupe?

AppDupe masters the NFT marketplace development with a well-crafted PolyPunks clone that provides entrepreneurs with an admin panel. Appdupe’s admin dashboard is the most powerful in the industry, allowing you to manage all of your ongoing chores and backend in one spot like a bed of roses. It’s one of the most important aspects of a successful marketplace.

How much does it cost to develop a Polypunks Clone?

We often encounter this question: how much does it cost to build an NFT marketplace like PolyPunks? Everything, of course, is contingent on the amount of work required. If you choose to use a ready-made, ready-to-use solution, for example, the cost will be lower. The cost for developing a PolyPunks like NFT marketplace may vary depending on the customizations. The cost of building your own NFT marketplace from the ground up will be more than the cost of using a ready-made solution.

To Summarize

One need not be a fortune teller to ascertain an NFT project’s promise. One such NFT project is PolyPunks (launched very recently), with huge potential on its back. Entrepreneurs (like You) will undoubtedly want to create your NFT marketplace. If it is that, why can’t it be a PolyPunks replication?

Wish to Develop An All-punk marketplace? Contact us

Live chat with us Click here to proceed

Author

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.