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Johon Son

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What is the NFT revenue model?
10/27/2023 4:48:44 AM

NFT business model is very popular among startup and established business persons. Also, NFT is a developing industry with many million users. So starting the business with the NFT marketplace is a trendy thing and contains a good revenue generation feature in it. As an entrepreneur, you analyze the competitor's marketplace to find out the gap they missing to provide it in their marketplace. Then fill that gap with an exclusive feature to your platform. below are some of the revenue-generating options on the NFT marketplace.


Listing Fees: Charges collected from NFT collectors for their created things on your marketplace.


Minting Fees: This is the amount collected for the thing deployed on the particular blockchain.


Bidding charges: pay some amount to the marketplace and its fees depending on the auction conduction time.


Sale charges: In the NFT marketplace lot of sales happen by the creators of the NFT. So it was collected from the name gas fees.

Heart of the businesses is revenue generation, therefore the above NFT revenue model options are available in the NFT marketplace to generate the revenue methods.


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