The growing interest in blockchain, cryptocurrencies and non-fungible tokens (NFTs) is undeniable. But much of the focus has been on how to issue, store and manage crypto assets.
One of the most important aspects of NFT creation is having a set of tools available that make NFT development easier. NFTs have a real-world value that is more than just virtual, which is why so many companies are launching NFT ventures and building tools for them.
Below, we highlight some platforms that can be used by developers looking to create NFTs:
- Open sea
Open sea is a marketplace for digital items and collectibles that runs on the Ethereum blockchain. It allows users to buy, sell, and trade digital assets with each other using smart contracts.
- Rare Bits
Rare Bits is a platform that allows users to buy, sell, and collect digital assets using cryptocurrency or fiat currency. The platform offers a wide range of products including NFTs, but also physical goods such as art prints and sneakers.
- Crypto Kitties
Crypto Kitties is one of the best-known NFT projects in the world today. It was one of the first games to showcase the potential of blockchain technology for gaming purposes, with players able to breed different types of cats that could be bought, sold, or traded on an open market.
- Neon District
Neon District is a blockchain-based virtual goods marketplace, where users can buy and sell digital assets. The platform allows developers to create their games or apps and integrate them into the Neon District ecosystem. This way, they can easily monetize their content and receive payments from all over the world. The Neon District platform also has its cryptocurrency called NDZ which can be used for in-app purchases with zero transaction fees.
- Mobu
Mobu is a decentralized platform on which companies can tokenize their assets and launch ICOs in a regulated environment. The platform uses smart contracts to ensure transparency and security for both investors and issuers. Mobu does not accept utility tokens; it only accepts security tokens issued under relevant regulations.
- BlockExMarkets
BlockExMarkets is an exchange that provides KYC/AML services for ICOs as well as OTC trading services for large investors (banks, asset managers). It also acts as a custodian service provider, holding cryptocurrencies on behalf of clients while they are trading on the exchange or investing in tokenized assets via its ICO platform.
The key factor in choosing a marketplace in which to create your NFT is finding one with a growing community trading NFTs in Chandler is a good example of it. More users mean a platform with more potential for growth, and that will in turn attract more developers to build new products on the platform. This is the story of platform adoption in a nutshell, and it's a strategy that will pay dividends anyway you look at it. That being said, keep in mind that NFTs are not as simple to create as traditional blockchain applications. Developers should do their research before jumping into an industry they're unfamiliar with.
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