How does creating an exclusive and community-friendly marketplace like Foundation help you to generate high revenue?
Wanna know how the foundation nft marketplace generates high revenues? This blog is for you!
NFTs are becoming the new-age assets in this digital era, and the recent dip in Bitcoin has turned the attention of crypto enthusiasts towards NFTs. NFTs or Non-fungible tokens are proofs that represent digital assets like art, music, video, gaming accessories, etc. The blockchain network backs these Non-fungible tokens, and most of the NFTs are created in the Ethereum network. The place where the NFTs are minted, auctioned, and bought is the NFT marketplace, and some of the most popular NFT marketplaces are OpenSea, Rarible, Foundation, SuperRare, and Solanart.
Among them, Foundation is a unique NFT marketplace as it gives more benefits for both users and the marketplace owner by generating more revenue. Foundation NFT marketplace allows its users to mint 3D NFTs, which is one of the attractive aspects of the Foundation, they also have private sales, referral joinings, and authentic and rare collections of NFTs. This makes them stand out from other NFT marketplaces. With these features, they earn high revenues each month, and the revenue module seems pretty basic compared to the innovative aspects of their platform.
How does the community-friendly aspect benefit the Foundation NFT Marketplace’s Revenue?
In Foundation, almost all activities take place on a community basis, this way the NFT marketplace has built loyal creators and buyers. This way they have achieved networking strength in the crypto business space. This aspect of community building and networking contributes much to their revenue factors. The main stream of revenue is the fees for primary and secondary sales, which are up to 5%, and this fee goes to the Foundation marketplace owner. So if an NFT is traded in their platform, the Foundation marketplace charges a certain percentage from each transaction(both primary and secondary sale) that occurs and the rest of the amount goes to the creator. Here both the user as well the admin is benefitted.
Foundation also collects a certain amount of fees for listing, basically in Foundation if one needs to pay certain fees to list their NFT, minting fees are included with the gas fees in the Foundation NFT marketplace. Most of the revenue is generated from transaction fees in the Foundation, this marketplace allows only referral people to list their NFT making it a very exclusive place to buy or sell an NFT. This has influenced many entrepreneurs to start an NFT marketplace that is similar to the Foundation, and the smart possible way to start an NFT marketplace like Foundation is with the Foundation clone script.
Now that you know how reaping the business module of an NFT marketplace is, let us get into the topic of how to develop an NFT marketplace like the Foundation.
How to Start an NFT Marketplace like Foundation?
The most efficient way for NFT marketplace development like Foundation is to get your hands on the Foundation clone script. It is pre-developed software that is a whole package of all the features and security options available in the original Foundation marketplace. Every edge of it is customizable, allowing you to add or remove features as per your wish, by which you can build a personalized NFT marketplace. Since it is a pre-built one, you can launch it within 10 days and it won’t take more than that. It has numerous revenue-generating features integrated into it. Let me give you the features and security options of the Foundation clone script.
Features integrated with the Foundation Clone Script
- Storefront
- Multi-wallet integration
- Asset categorization
- NFT Minting
- Advanced search option
- Diverse types of assets
- Asset listing
- Analytics
- Performance Monitor
Security Options of Foundation Clone Script
- Multistep authentication
- Support for SSL protocols
- End-to-end encryption
- Incoming and outgoing API security
- Complete protection for Digital arts
- Secure transactions
- Secure crypto wallet integration
Yes, the Foundation clone script has all the above-mentioned features and security options integrated into it. Not only these but there are also mindblowing benefits in using the Foundation clone script to build your NFT marketplace.
Benefits of Foundation Clone Script
- With the clone script, it takes less time to establish the NFT marketplace similar to Foundation.
- Customizable, depending on the entrepreneur’s business preferences and plan.
- The Foundation clone script is packed with exciting features with an easy-to-use interface.
- Due to the addition of security measures, the Foundation clone script’s security is significantly stronger.
- The ready-made nature makes it simple to deploy, and the finished product is error-free.
Where to Get the Foundation Clone Script?
The Foundation clone script can be obtained from the NFT marketplace clone script providers in the market. Before picking the suitable clone script provider, you need to make sure that the provider has significant years of experience in the field, including their ratings, review, cost of their service, and portfolio. If you choose your clone script provider based on these criteria, you would be able to pick the best Foundation clone script provider for your NFT marketplace business. This is the right time to begin your NFT marketplace business like Foundation therefore do some analysis and opt for an appropriate clone script provider, communicate your requirements and start your business instantly.
