Features and Advantages Of NFTmall Project
The NFTmall project is the marketplace for non-fungible tokens. It is the first marketplace that is DeFi powered, creator-centric and physically redeemable. With the current buzz in the crypto space about NFTs, lots of people are jumping into the bandwagon. The funny thing is that even those who don’t understand a thing about NFTs are also jumping into the trend. Everyone wants to take a bite off the pie.
The NFTmall project is coming at a time when the market is not a level playing ground for content creators, curators, etc. The goal of the platform is to create a level playing field for all parties in the NFT marketplace. Today, any creator can tokenize his or her work and put it up for sale on the NFTmall marketplace.
In this post, we shall be considering the different features and advantages of the NFTmall project.
The Features of NFTmall Marketplace
There are certain things that set NFTmall apart from the rest of the platforms where you can buy or sell NFTs.
- The Platform is decentralized
It is completely transparent and a healthy ecosystem that is fully powered by DeFi and eCommerce. NFTmall eliminates intermediaries and connects content creators directly to their buyers. The decentralized nature of the platform means that it is not under the control of any entity.
- Creator-friendly marketplace
It is arguably the most creator-friendly marketplace that is built for mainstream digital content creators like artists. These artists receive the full price and other royalties of their content or artwork without paying any fee to the platform.
- Affiliate marketing feature
On the NFTmall marketplace, users can promote their favorite creator’s NFTs for an affiliate commission. The creators of the artworks set the fee for their affiliate commission. Therefore, you don’t necessarily have to be a creator before you can earn from the NFTmall platform. Through the affiliate feature, you are sure to earn good money if you are good at closing sales.
The Advantages of NFTmall Project
- NFTmall eliminates barrier of entry
There are certain policies that have been put in place to ensure that creators can easily gain access to the platform. The platform is open to everyone and there is nothing like KYC or a form of permission before being a member. It is completely decentralized and creator-centric. The project brought the barrier of entry to zero for content creators.
- Users will enjoy multiple standard support
Another interesting advantage of the NFTmall project is its support for multiple standards. The slogan is “One Platform for all” and they have been working to ensure it remains that way. This project supports BEP721, BEP1155 & Erc721 & 1155 standards.
- It has a smart sorting engine
In order to tackle the low-quality and spammy NFT problem, NFTmall is leveraging a Google-like smart sorting engine. They also hope to improve on it in the future through the integration of artificial intelligence and machine learning. It makes easier for content creators with good reputation to rank higher in search engine results.
Conclusion
With the high level of work going on in the NFTmall project such as the built-in application, the platform hopes to disrupt how NFTs are traded around the world. It will be clear to creators and collectors that they have always been the ones in charge and they decide what happens on the platform.
