Explainer: How to build an NFT Launchpad Platform?

The NFT sales witnessed a massive 82% jump in the year 2020 and amounted to $250 million. These sales continued to grow and crossed a volume of over $2 billion in the first half of 2021. Such high trade volumes proved that NFTs can generate unparalleled revenues. But all this was accompanied by challenges like too much traffic on the Ethereum blockchain. This led to a massive surge in gas fees making NFT minting expensive and NFT creators started to face the burn. A unique solution was offered in the NFT by NFT Launchpad Development.

What is an NFT Launchpad?

NFT Launchpad is a platform that supports the minting and launch of NFT projects. With the NFT Launchpad Development services, the creators can raise funds to build NFT projects, launch their NFT projects, and market their NFT projects too. These are very much like IDO launchpads but cater specifically to NFT creators.

What are the business benefits of NFT launchpads?

The NFT launchpads help NFT creators build a unique portfolio, making it easy for them to launch NFT projects. These platforms help creators or businesses in early community building, higher return of investments and lower transaction costs on their NFT trades. However, that’s not it, with the right

NFT Launchpad Development Services Company, the launchpad can be customized to deliver more business benefits:

Global Reach

NFT launchpads will offer NFT creators’ access to the audience who are interested in NFTs across the globe. This helps creators and businesses market their NFTs to the right audience.

Immediate liquidity for minted NFTs

With the unique portfolio, loyal community following, the traffic to the launchpad increases leading to more NFT trades and immediate liquidity of the NFTs.

Royalty

With a dedicated NFT launchpad, it becomes easy for NFT creators to offer users loyalty rewards and build a legacy.

Native token

The launchpad can be designed in a way that offers NFT creators a native token development option. This helps raise funds and offers token staking reward benefits to the end-users.

What are the features of some of the successful NFT Launchpads?

Deflationary NFT Launchpads

Deflationary NFT launchpads guarantee a fair distribution of NFTs and this solves one of the biggest problems of blockchain space which is the gas wars.

Staking

The token holders of the NFT launchpads can stake their tokens and participate in the NFT sales happening on the NFT launchpads. By staking their tokens the participant can earn staking rewards too.

NFT Vaults

NFT vaults promise top-notch security to the NFTs of the user. As a result, users can enjoy complete peace of mind.

NFT Swaps

NFT swap enables users to deposit their NFTs on the launchpad and obtain BEP20 or ERC20 token derivatives which they can exchange directly on different DEXs.

Cross-chain

One of the biggest issues of the blockchain space at present is that not everything token or NFT has access to cross-chaining. A cross-chain NFT Launchpad platform allows end-users to get access to NFTs at the lowest possible price because the launchpad allows them to move it across different blockchains where they can save hefty amounts in gas fees.

What fundraising models can an NFT Launchpad offer?

Wrap up

Antier Solutions has a stronghold over the entire NFT process including minting and marketing. With the NFT Launchpad development services, we are helping creators and businesses mint and fairly market their NFTs.