Why Starting A Fractional NFT Marketplace A Brilliant Idea?

 Why Starting A Fractional NFT Marketplace A Brilliant Idea?

What Is Fractional NFT?

As the name denotes fractional NFT means a NFT is divided into multiple fractions. These smaller sub-divided NFT can be later used to claim ownership from a piece of single NFT. NFTs are fractionalized  with the support of smart contracts and simply referred to as “fractional tokens”. 

Percentage of ownership can be claimed for those fractional tokens, so that it can be later traded & exchanged. In general, fractional NFTs reduce the cost of NFTs, increase access to it, and allow the ability for creating new communities. It unlocks NFT liquidity by increasing access to its NFT community. 

Fractional NFT Marketplace Development

Fractional NFT Marketplace Development is developed with an intent to offer an exclusive NFT marketplace to exchange fractional NFTs at the cutting-edge features. Fractional NFT marketplace differs from the original NFT marketplace that we see. In this Fractional NFT Marketplace, the fractions of divided NFTs are minted, sold, or exchanged by adding more liquidity to the marketplace. 

It reduces the value of NFT and enhances the investment in NFTs much better than before. One who aims to build a Fractional NFT Marketplace can approach our team for Fractional NFT Marketplace Development Services & Solutions. 

The Benefits Of Creating A Fractional NFT Marketplace

 

Auction

Bidding of the fractional NFTs determines its price value. On the whole, bidding is the best way to sell a NFT in the Fractional NFT Marketplace. 

Fractionalizing

Fractionalizing of NFT improves the liquidity of it as it can be sold at multiple places.

Past Sales

Analyzing the previous data of NFT sales results in better prediction for the future. A-Z data like previous sales, lowest sales, & much more will be analyzed for             later prediction. 

Price Discovery

One of the biggest evolutions in the NFT industry is “Price discovery”. It has the potential to determine the fractional NFT value in future. 

Democratization

NFTs in fractions are open for all for exchange so its value remains high at all-time. In future it’s value will be peaking as the traffic rate will be high. 

Buyout

With buyout a owner can revoke the process of fractionalization.

Why Prefer Sellbitbuy For Fractional NFT Marketplace Development?

Popularity of the NFT market continues to explode and certainly many more upcoming projects will arise in the future. With Sellbitbuy - Top notch NFT Development Company you can further make the NFT ecosystem grow, by building a Fractional NFT Marketplace. You can speak with our team, if you have queries based on our Fractional NFT Marketplace Development solutions. 

Talk with experts!

Mail: support@sellbitbuy.net

Phone : +91 8015204845

Hike Introduce NFT avatars on blockchain gaming platform - Why Start Yours?

 Hike Introduce NFT avatars on blockchain gaming platform - Why Start Yours?

Hike, the erstwhile internet messaging service that has since pivoted to blockchain gaming as its key offering, today announced the introduction of non-fungible token (NFT) virtual profile displays, called Rush Avatar NFTs, on its blockchain gaming platform – Rush Gaming Universe (RGU). The airdrop or the initial rollout of the NFTs would take place on Android today and on iOS at a later date.

Hike states that as part of the initial offering, the company will send ‘launch edition’ NFTs to the platform’s most active players, which would be rarer than other NFTs on the platform – and would therefore reward the most active players of the platform with higher value tokens than others.

NFTs are digital artwork that feature a unique underlying digital signature. The latter is what makes an NFT unique. An NFT ‘airdrop’, meanwhile, refers to a promotional activity where the issuing party, in this case Hike’s RGU, sends any web3 asset such as a crypto token or (in this case) NFTs to designated wallet addresses for free.

Kavin Bharti Mittal, founder and chief executive of Hike, said upon the announcement, “With the Rush Avatar NFT, players will now own their digital identity in the RGU. This launch brings the Rush Gaming Universe on-chain, to build a new game economy where consumers are owners." He also added that players holding the Rush Avatar NFTs would get value added to their presence on the platform in the form of “superpowers, more personalization" and more.

Hike says that the RGU offers eight games that are amounting to 100 million gameplays per quarter, and issuing winnings to players worth $50 million per year. In December 2021, the company had announced what it claimed was India’s first cryptocurrency based employee referral scheme. The plan allowed any user, within or outside Hike’s organization, to refer a potential candidate for a position. Upon joining, the referrer could get up to 2 ETH (Ether, the token for Ethereum).

The RGU is based on the Polygon blockchain, and Hike says that the platform can be scaled up to support over 100 million “non crypto-native" users on the blockchain network. 

Source: LiveMint

Blockchain technology brings a Win-Win Opportunity and lets the users earn while playing in any form, either as a crypto, NFT or fiat. This “N” number of benefits made sellbitbuy to turn towards design, develop and deploy lucrative blockchain games with various genres across various blockchain platforms from Ethereum, TRON, and more.

Why Choose Sellbitbuy For Blockchain Game Development?

Our major goal is to assist you in achieving the image goals you've set for your company so that it may continue to support your mission. We Sellbitbuy is a prominent Blockchain Game Development Company, supports in developing blockchain powered gaming platform with cutting edge technology.

• On time delivery
• 24*7 tech support
• We are expert in 8+ blockchain networks
• Launch ready DeFi gaming platforms
• We develop platforms in both Android & iOS 
• 6+ years experience
• Complete white label solutions
• Attractive UI\UX design

Ethereum Dapp Game Development - Leverage Stunning Benefits By Starting A Ethereum DApp Gaming Platform

Ethereum Dapp Game Development

Ethereum Dapp Game Development is a tedious process of building quality gaming platforms on decentralized applications. Dapps are steadily growing by introducing a N number of gaming business models by inventing new ones, one by one. With Ethereum Dapp Game Development the gaming market founds a prolific growth on play store & Apple store. 

It’s just a matter of time, to develop a hifi global level gaming dapp on Ethereum network. We Sellbitbuy make your work simpler and elegant, as our developers are ready to constantly support you in delivering Ethereum-based Dapp games. Our team solves the problem faced by the entrepreneur who aims to launch their own decentralized gaming applications on Ethereum. 

Features Of Ethereum Dapp Games

• Immutability
• Decentralized
• Token Standards
• Encryption
• Network Size

Future Of Ethereum dApp Games

Gaming market is globally active by making millions of revenue. The revenue stream crossed across $143B by making a positive impact in the gaming industry. On Ethereum blockchain, the dApp games are more loved by the gamers as blockchain makes gaming faster than usual. Studies stays Ethereum dApp games has a bright future as it is planning to release more P2E games on this network. 

As of now the number of active Ethereum dApp games have doubled when compared to the previous year. As there is no border for Ethereum dApp games it continues to flourish across countries. It is one of the secret reasons behind building Ethereum dApp Games. 

Why Sellbitbuy For Ethereum Dapp Game Development? 

Gaming has become a kith and kin in everyone’s life. To enhance it to the next level our core team at Sellbitbuy is ready to offer constant support for you. We are experts in delivering many successful gaming projects for the clients across the globe. Our developers are trained to deliver a top-class gaming experience in decentralized applications on blockchains. Collaborate with our Blockchain Development Company and get to enjoy our elegant Ethereum Dapp Game Development Solutions. 

More Queries:

Mail: support@sellbitbuy.net

Phone : +91 8015204845

Earn By Starting A NFT Play-to-Earn Game

An experience-to-earn (E2E) nonfungible token (NFT) ecosystem rewards people on-chain for doing everyday activities, bringing new forms of value creation to everyone. This was previously reserved for invested gamers in play-to-earn (P2E) worlds.

While P2E has experienced a record-breaking year ($4.5 billion in-game NFT sales, according to the recent DappRadar report), most blockchain games still rely on some level of skill such as battling, breeding or collecting strategy that attracts gamers with the downtime, temerity and sometimes some starting funds to invest — prerequisites that can put off any non-gamer from entering NFTs to earn.

The power of experience-to-earn

An experience-to-earn model will create significant and sustainable benefits for members, businesses and nonprofits alike.

Living a storied life: The human element is the differentiator in the E2E ecosystem where activity, engagement, personalization, self-development and empathy drive the rewards structure compared with P2E’s virtual activities of gamer skill and strategy. In E2E, time is the currency of value, and people see value in time well spent on the range of everyday experiences through to more coveted and exclusive experiences that contribute to a storied life that people can’t wait to tell others about.

Fuelling holistic growth: E2E encourages a growth mindset, one of development where learning governs across many facets in the journey to become their best selves. Akin to how Pokémon GO added more than one dimension (interactivity, moving and exploring), E2E model plans to earn members, small businesses and nonprofits more holistic growth: personally, mentally, physically, socially, professionally and economically.

Improving emotional well-being: The more immersive, shared and memorable the E2E reward, the more dopamine created leading to a better psyche, especially after years of COVID-19 limiting IRL events, travel and sport.

Creating conscious communities: While Gen Z is proving to be the most self-aware generation, the pandemic has also deepened people’s understanding and compassion. An E2E model enables connection in more meaningful ways with one another, with their communities and with their world. This way experience rewards can reflect who they are and inspire them to become who they want to be. For example, rewarding eco-tourism activities.

Metaverse elevates IRL experiences: Rather than seeing metaverse events as cannibalizing IRL events, E2E will see them as complementary, fuelling people’s passion for existing interests and exposing them to new, unique and intimate experiences. For example, creating metaverse street parties could scale more intimate VIP experiences with artists.

Rewarding contribution to the community: Central to any NFT earning DNA are its economic benefits in the form of tokens, NFTs, annual percentage yields (APYs) or other ecosystem perks. A successful and sustainable E2E universe will reward members financially for holding, contributing, supporting and building the project.

Sustainable revenue and funding streams: An E2E NFT ecosystem will supercharge loyalty and traceability on-chain. For businesses, this opens up new revenue streams and new global audiences. For charities, nonprofits and NGOs, this opens up sustainable funding streams and enthusiasts of global causes to renew their positive change initiatives.

Experience is the catalyst for normies

Offering experiences that move people forward in their own way presents an exciting opportunity to bring normies into NFTs and keep them there with a range of E2E experiences.

Key to its longevity will be welcoming different groups (beyond just crypto Twitter) for different experiences and deriving different kinds of value that ultimately builds your best life, however unique to you. For me, that means thinking community-first to avoid a gatekeeper-first mentality of centralized experience brands.

Source: Cointelegraph

Why NFT Is Trending In Games?

NFTs - Nonfungible tokens in gaming hits its popularity because there is an ever-green interest shown by people in this gaming field. People of all ages are fond of playing games and it has become great addictive from ever since video games are introduced to our world.

As games are fun, a huge crowd of people likes to make a change in this fun-loving gaming world, and thus NFT collectibles create a huge base for developing a gaming platform. The goal of NFTs is to deliver a realistic NFT gaming experience for users across the world. One who wishes to increase your business revenue in this blockchain era, can make utilize this open-source computerized resources like nft game development.

Why Sellbitbuy Specializes In Developing NFT Gaming Platform?

Specialized NFT development company has skilled NFT gaming platform developers who meet the customer requirements to the core. Our NFT gaming platform development company is recognized by many individuals as we also offer solutions by building an extremely user-friendly gaming platform.

Experts in our team, are proud to deliver NFT gaming projects within the expected duration at an affordable price. One who wishes to build an empire in the NFT gaming world can contact our technical support team. We are also obliged to provide services for NFT marketplaces developments, NFT token developments, NFT wallet development, & more.

More Queries:

Mail: support@sellbitbuy.net

Phone : +91 8015204845