Business Idea: Start A Nft Marketplace in 2024
An NFT marketplace is an online site for crypto-collectibles and non-fungible tokens where traders can buy-sell and discover exclusive digital items.
Launching an NFT marketplace requires setting up a blockchain network, integrating a chosen digital wallet, and creating smart contracts. Finally, you need to build a customer-facing web application.
Experts estimate that NFT marketplaces will continue experiencing a YoY growth of 30.72%.
Therefore, NFTs are becoming some of the most profitable blockchain-based experiments.
Revenue & Profitability
How much do NFT marketplaces make?
Startup Costs
How much does it cost to start a NFT marketplace?
- It can cost as low as $350,000 to start a NFT marketplace.
- It can cost as high as $1,000,000 to start a NFT marketplace.
Learn more about the costs of a NFT marketplace.
Examples Of Successful Nft Marketplaces
Successful NFT marketplace businesses and case studies
Midas.Investments provides a digital asset investment platform, offering structured passive-income products for users seeking to build a long-term source of income in cryptocurrency while minimizing time and risk capital.
RMRK developed the most advanced NFT system in the world, generating $1 million per month in volume and $30k per month in revenue, due to founder Bruno's hack to put NFTs onto a chain without smart contracts.
See full list of successful NFT marketplaces.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
