2021 is the year of the NFTs. According to the website NonFungible.com, the total volume of NFT transactions in the Ethereum blockchain amounts to more than 400 million dollars by March 2021. There were eye-dropping significant sales auctions of NFT, for example, Beeple’s artwork hosted by Christie's, which generated $69M.
This growth can only be sustainable if the NFT marketplace can provide a better user experience. However, the current NFT market focuses only on selling, buying, and trading. Creators and investors are facing multiple challenges, such as volatile minting costs, and most platforms don't provide a clear distinction between ownership of NFT and ownership of the underlying intellectual property. Other problems in the NFT marketplaces include:
- Lack of intellectual property rights
- Lack of a listing mechanism
- Lack of a pricing standard
- High transaction fees
- Lack of interaction with other market users
Thanks to RareMall, the problems above will be overcome. RareMall marketplace comes with ground-breaking features and aims to be a user-centric platform that delivers a superb experience via the following features:
- Interactive Social Media integration: The platform values creativity and offers creators a hassle-free platform to showcase the NFTs they created and collected. The design of user profiles resembles those of social media. This feature helps users update information quickly, share personal preferences, and enjoy meaningful interactions with other users.
- Radically advanced filter &search navigation system: RareMall platform comes with an advanced technique for analyzing, aggregating, and extracting market data for users. Advanced filters sort data by date, week, month, and year. With this feature, users can spot the buying and selling trends while exploring the best-selling NFTs in a fraction of time.
- Auction live chat: The platform has set up a live auction chat with moderators and algorithms to keep it secure and user-friendly. Sellers can create a public chat group for bidders to participate and make ongoing bids. This technique hastens the exchange, speeds up buying and selling, as well as helps to form a FOMO effect.
- Fast Checkout: Through the platform, users can buy up to 10 NFTs at the same time by adding them to the cart. During checkout, the buyer can link to their wallet once only to pay for all the different sellers effectively.
“ We recognize the immense potential of NFTs in the future. With an outpouring of support by an experienced development team, competitors’ operating models, as well as a rich knowledge of the market and users psychology, we hope to provide a comprehensive solution to the problems occurring and bring value to all NFT communities,” said RareMall team. Visit: http://raremall.com/ and contact the team at:
Twitter: https://twitter.com/RareMall_NFTs
Telegram: https://t.me/raremall_nfts
Email: [email protected]
