The document discusses the significant growth of the NFT marketplace, highlighting a 1,787% increase in market cap in 2021 and providing insights into the advantages and characteristics of non-fungible tokens. It presents recent statistics indicating a rise in global NFT transactions, with notable sales reaching millions, underscoring the profitability of NFTs. Additionally, the document outlines features of NFT market development and mentions Bitdeal as a leading company in this space, capable of offering tailored NFT marketplace solutions.

1. NFT Marketplace
Development

2. Non-Fungible Token - NFTs
As of now, the Marketcap value of NFTs has increased approximately by 1,787%,
which shows the potential of NFT usage and NFT Marketplace growth in 2021 and
beyond.
Still Unaware of the term NFT?
NFT is a Non-Fungible Token that has started revolutionizing the digital economy
on a large scale. These NFTs help many meme creators, artists, and individuals
who own digital assets to earn ownership for their digital works and assets
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3. Special Characteristics of NFTs
Listed here are the advantages of non-fungible tokens NFTs.
Indivisible
Scarcity
Transferability
Trustworthy
Uniqueness
Ownership and more.
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4. Recent Stats That Proves NFT Marketplace -
A Profitable Revenue Stream
The global transactions of NFTs recorded in 2018 is $40.96 M and in 2019 is $141.56
M and in 2020 is $338.04 M.
This concept of NFTs prevails from late 2012, and the first well-known NFT is Jack
Dorsey sold for $3 M.
An NFT is known as Everyday: The First 5,000 Days, was auctioned off for $69 M, in
2021.
The NFTs are utilized to show ownership of file format which includes JPEGs, GIFs
and MP3, and more.
This shows that utilization of NFTs and NFT Marketplace will be huge in 2021 and
beyond.
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5. Specialties of NFT Marketplace
Look at the specialties that make an NFT Marketplace more adaptable and popular
among crypto people.
Liquidity
Scarcity
Controllability
Interoperability
Tradability and more.
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6. Important Features of NFT Marketplace
Development
Storefront
Filters
Searching for Items
Buy & Bid
Wallet and so on.
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7. Popular NFT Marketplaces
Opensea
Rarible
Foundation
Super Rare
Enjin and more.
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8. Bitdeal - NFT Marketplace Development Company
We Bitdeal - Leading NFT Marketplace Development Company offers various
NFT Marketplace development services and solutions for all the clients across
the globe. Our NFT Developers are skilled in developing and deploying smart
contracts on any blockchain that performs the functionalities of NFT
Marketplace.
We develop NFT Marketplace development services that support a variety of
businesses and industries which includes gaming, arts, sports, fashion, and
more.
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9. Know More about
Bitdeal’s
NFT Marketplace
Development Services !!

10. Contact Whatsapp : +91 9677555651
Mail : Sales@bitdeal.net
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