The rise of non-fungible tokens (NFTs) has revolutionized the digital assets industry, providing creators with a new way to monetize their works and collectors with a unique opportunity to own and trade digital assets. However, this emerging market also poses challenges in terms of Authenticity, Security, Provenance and Efficiency. Enter martNFT, a digital NFT marketplace powered by blockchain technology. Let’s explore the benefits of martNFT which is launching soon, for both Creators and Collectors, as well as real-world examples of NFT marketplace success stories.
MartNFT: Marketplace for Collectors & Creators
The digital assets market is booming, with more creators and collectors than ever before. However, there are also some challenges that limit the potential of this emerging industry. For example:
- How can NFT creators protect their Intellectual Property rights and prove their ownership of their creations?
- How can NFT collectors verify the authenticity, provenance and scarcity of the digital assets they purchase?
- How can both parties avoid intermediaries that charge high fees and create inefficiencies in the NFT market?
These are some of the problems that martNFT, a digital NFT marketplace from ChainCode Consulting LLP, aims to solve with blockchain technology.
martNFT is a platform that allows creators to create, sell, and showcase their digital content as non-fungible tokens (NFTs), which are unique and indivisible digital assets that represent ownership of a piece of digital assets.
By using blockchain technology, martNFT ensures that each NFT is Secure, Transparent, and Immutable, meaning that it cannot be duplicated, altered, or destroyed.
The Benefits of martNFT for Creators
martNFT will offer several benefits for creators who want to monetize their digital works and reach a global audience of collectors. Some of these benefits are:
Easy and affordable creation of NFTs
Artists can use martNFT's user-friendly interface to upload their digital assets and mint them as NFTs in a matter of minutes. They can also customize their NFTs with metadata, such as title, description, price, edition size, etc. Moreover, martNFT charges a low minting fee of only 0.01 ETH per NFT, which is much lower than other platforms that charge up to 0.1 ETH or more.
Full control and ownership of digital assets
Creators retain full ownership and intellectual property rights of their artworks when they create NFTs on martNFT. They can also decide how to distribute their NFTs, whether they want to sell them directly to collectors, auction them off, or gift them to fans. Additionally, creators can set their own royalty fees for each NFT, which means that they will receive a percentage of every future sale of their NFTs on any platform.
Exposure and Recognition
Creators can showcase their NFTs on martNFT's online gallery, which features curated collections of various genres and styles of digital assets. They can also promote their NFTs on social media platforms, such as Twitter, Instagram, Facebook, etc., by using martNFT's integrated sharing tools. Furthermore, creators can benefit from martNFT's marketing campaigns and partnerships with influencers and media outlets that help increase the visibility and demand for their NFTs.
The Benefits of martNFT Collectors
martNFT will offer several benefits for collectors who want to discover, buy, and trade NFT assets. Some of these benefits are:
Access and Diversity
Collectors will be able to access a wide range of digital assets from various creators around the world on martNFT. They can also browse through different categories and filters to find the NFTs that match their preferences and tastes. Moreover, collectors can enjoy the diversity and uniqueness of each NFT, as no two NFTs are alike.
Security and authenticity
Collectors can trust that the NFTs they purchase on martNFT are authentic and secure, as they will be verified by blockchain technology. Each NFT has a unique identifier that links it to its creator and its history of transactions on the blockchain. This way, collectors can avoid frauds and counterfeits that plague the traditional market.
Liquidity and profitability
Collectors can easily buy and sell NFTs on martNFT using cryptocurrencies, such as ETH or USDT. They can also trade their NFTs on other platforms that support the ERC721 standard, which is the most widely used protocol for NFTs on the Ethereum blockchain. Additionally, collectors can profit from their NFTs by taking advantage of the growing demand and appreciation for digital assets.
NFT marketplace Success Stories
CryptoPunks: are pixel art characters that were created in 2017 as one of the first NFT projects on the Ethereum blockchain. Each CryptoPunk has a unique combination of attributes and is owned by a single person. There are only 10,000 CryptoPunks in existence and they have become highly sought-after collectibles. In March 2021, a collection of nine CryptoPunks sold for $16.9 million at Christie's auction house, setting a new record for NFT sales.
Beeple: is the pseudonym of Mike Winkelmann, a digital artist who has been creating a new artwork every day since 2007. His project, called Everydays, consists of over 5,000 images that showcase his evolution as an artist and reflect on current events and pop culture. In December 2020, he sold a collection of 20 artworks as NFTs for $3.5 million on Nifty Gateway, a platform for buying and selling digital art. In March 2021, he made history by selling a collage of all his Everydays as a single NFT for $69.3 million at Christie's, becoming the third most expensive living artist in the world.
NBA Top Shot: a platform that allows fans to buy and sell video highlights of NBA games as NFTs. Each highlight, called a Moment, is officially licensed by the NBA and has a limited supply and serial number. Fans can collect Moments of their favorite players and teams, trade them with others, or showcase them in their digital wallets. Since its launch in October 2020, NBA Top Shot has generated over $500 million in sales and attracted over one million users. The most expensive Moment sold so far was a LeBron James dunk that went for $208,000 in February 2021.
Axie Infinity: a game that lets players breed and battle fantasy creatures called Axies, became the most popular NFT project with over $2 billion in sales and over 250,000 daily active users.
Bored Ape Yacht Club: a project that features 10,000 unique ape NFTs with different traits and accessories, sold out in less than a day and generated over $600 million in sales on the OpenSea marketplace.
Thus, martNFT, the soon to be rolled out digital NFT marketplace from ChainCode Consulting, is a blockchain-powered delight for creators and collectors alike.
- It solves several challenges, including protecting the Intellectual Property rights of creators and ensuring the authenticity and scarcity of digital assets purchased by collectors. martNFT will offer several benefits for creators, such as easy and affordable creation of NFTs, full control and ownership of their assets, exposure and recognition.
- For collectors, martNFT will offer access to a wide range of digital assets from various creators, security and authenticity, and liquidity and profitability. The success stories of CryptoPunks, Beeple, and NBA Top Shot show the potential and promise of the NFT market, which martNFT will tap into for everyone's mutual gain.
Are you ready to be part of the revolution in digital ownership?
Look no further than martNFT - the ultimate marketplace for creators, collectors, and investors seeking unique and valuable NFTs!
martNFT is a dynamic platform for buying and selling NFTs that supports emerging artists and uses cutting-edge technology. Invest in the future of digital assets and join our passionate community of enthusiasts and investors waiting for our launch. Unlock the true potential of NFTs with martNFT - reach out to us today!