It has never been clearer that non-fungible tokens are popular than today. NFT assets are coveted by everyone, with a total market value of $17 billion. Niftables might introduce white-label solutions as well an interconnecting market to increase valuations.
NFT Industry Growth Continues
Two years ago have seen a lot of volatility in the cryptocurrency market. In particular, major celebrities and investors have flocked to cryptocurrency because of the non-fungible tokens. While NFTs are primarily speculative – like cryptocurrencies – several projects have established a long-term presence. The market value of all the projects combined is more than $17Billion in 2021.
This market cap represents a significant increase from the $82.5 million it was in 2020. It’s amazing to see how far NFT has advanced in such a relatively short period of time. This industry continues to be of interest to brands as well as creators. They face difficulties due to a dearth of easy-to-use and automated tools that will take care everything related to the creation of new collections.
This pressing problem may be solved by Niftables. With its white-label solution any brand or creator can enter the NFT sector. Niftables metamarket is what makes this shift possible. It allows full automation of NFT utilities, seamless integration between frontend and backend into an NFT network and seamless integration with the NFT community. Collections are launched directly by creators into the market to provide utility for a greater ecosystem.
Additionally, metamarket allows support for VR/AR-compatible 3D galleries. The technology stack, which includes integrated custody and fiat payment solutions and crypto payment gateways, makes it easy for mainstream users to join the non-fungible token universe. Creators have full control over NFT distribution, including via subscriptions services and drops.
The Niftables Marketplace Vision
Niftables also aims to launch a cross-chain gas-free NFT marketplace to help enthusiasts buy, trade, sell, swap, or redeem NTs and rewards from creators’ white-label platforms. Marketplace will be a central hub for users looking to view verified white label platforms, stores and profiles as well their collections. Furthermore, Niftables’ integration with Rarible and OpenSea will help facilitate secondary market sales.
Niftables Co-Founder Jordan Aitali adds:
“A one-stop-shop doesn’t mean one-size-fits-all. That’s why Niftables is built to let creators and brands fully customize their white-label NFT platforms from the get-go. We ensure that each creator’s NFT platform is in tandem with their branding and overall vision.”
Niftables’ $NFT asset is a critical component of the ecosystem. The $NFT asset is used as a means of payment throughout the ecosystem. This includes white-label platforms that have been created by brands and creators. In addition, holders of $NFT can benefit from custom user profiles and reduced purchase rates for all other white-label platforms.