NFT Launchpads: Here are 7 Tantalizing Features of these platforms

nft launchpads

According to Google Trends, the keyword search volume for NFT and its related terms like NFT launchpads has hit record levels. Google trends in Asia, the US, and Europe show renewed interest in the NFT niche.

With the heightened interest in NFTs, you should also take advantage of the booming market and take a piece of the pie. Indeed, you can’t afford to standby as other people gobble up all the benefits of this partially exploited field. If you’re a budding entrepreneur in NFT, you may be at a loss on what to do to participate in the market. Some of the difficulties you may encounter include where to sell nft art and how to sell nft art. And this is how NFT launchpads come in. Here we explore the critical features of NFT launchpads and how beginners in NFT can benefit from this platform.

NFT marketing statistics

Before exploring the key features and benefits of NFT launchpads, let’s crunch the NFT marketing numbers (see also here for more numbers on NFT sales and launchpads). According to Larva Labs, NFT trading volume exceeded $3 billion in December 2021. This was an improvement from the preceding month, which had a total trading volume of $2.8 billion.  

Google keyword search information indicates that interest in Non Fungible tokens has spiked to unprecedented records. The Google search data indicate that keyword search for NFT has surpassed that of other crypto products, like DeFi. Asia tops the charts, with search percentage in August 2021 hitting 100%. Other continents with high search trends include the US and Europe.

From September to December 2021, the weekly sales volume of NFTs ranged from $2.5 to $3.5 billion. This was in contrast to June and July 2021, when weekly sales volumes were insignificant.

These stats buttress the fact that NFTs have become an important business within the blockchain ecosystem. As a savvy entrepreneur, you should pay attention to these trends because they indicate that the nft market is steadily growing. Fortunately, budding entrepreneurs can enjoy the multiple perks that come with NFT launchpads.

What are NFT Launchpads?

‘Crypto launchpads have been gaining tremendous amounts of attention. They allow you to identify early-stage crypto projects and participate in their presale rounds. They also have a vetting process in place to avoid scams and rug-pulls, so you can invest with peace of mind without worrying about losing your hard-earned money.’

Source: Hackernoon

When you’re new in the blockchain environment, you may lack information on where to sell nft art or how to sell nft art. But if you’ve got a tool to help you in the business, you can move faster and start reaping the benefits of the nft field within no time.

NFT launchpads are platforms that accelerate the expansion of top-notch NFT startups. Creating these projects on blockchain technology makes them secure, independent, and decentralized. They display finer details of your project, including mission, vision, and the project’s roadmap. The comprehensive information helps investors to conduct an in-depth evaluation of a project to discover whether it’s the right one to invest in. So, any artist who wants to start their journey on digital artworks and collectibles should find the right NFT launchpads.

Key benefits of NFT Launchpads:

With NFT launchpads, you can create an outstanding portfolio that you can quickly release to the market. The platforms help early-stage projects reap high profits and reduce the cost of doing their business. Here is a comprehensive exploration of the benefits of NFT launchpads:

  • Global Reach: NFT launchpads enable artists to access various audiences worldwide. Your nft marketing efforts receive a big boost with exposure to the global market. You’ll also the latest nft news, that informs you on the trends in the industry.
  • Instant liquidity for minted digital art: With a unique project and a loyal audience, your launchpad’s traffic spikes. And this leads to enhanced nft businesses and immediate liquidity of the virtual artworks.
  •  Royalty: Committed NFT launchpads enable creators to provide loyalty bonuses and legacy development.
  • Native token: Some NFT launchpads offer creators a choice to develop their native token. This option assists in raising finances and provides token staking bonuses to the audience.

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Critical features of NFT launchpads

1.      Deflationary NFT launchpads

The platform can be created in various blockchain networks, such as Solana and Polygon. This strategy ensures that your NFTs are evenly distributed. It also lowers the gas fees that clients may encounter when minting your digital collectibles.

2.      Staking

People with tokens on the NFT launchpads can stake them and earn rewards. This excites the community members who will yearn for more from you.

3.      NFT Vaults

These features offer unmatched safety to NFT users. Users can have peace of mind knowing that their creations are secure with the quality.

4.      NFT Swaps

The feature allows users to place their NFTs on the platform and get B2P20 or ERC tokens. They can exchange their tokens straightaway on different decentralized exchanges (DEXs).

5.   Cross-chain

An annoying issue in the blockchain ecosystem is that not all things token or virtual artwork can benefit from cross-chaining. Luckily, a cross-chain Launchpad enables users to get their NFTs at reduced rates because they can rotate the collectibles across various blockchains. This feature can evade exorbitant gas fees on specific platforms.

6.      Early community building

Keeping an outstanding creator portfolio develops a crowd of collectors who can buy from you. If your NFTs prove exceptional, this would be excellent nft news as collectors will come back to you again for more purchases. Airdrops and other remarkable drops give the collectors an excellent reason to go for more.

Fundraising frameworks on NFT Launchpad platform

  • Initial Coining offering (ICO): NFT launchpads can develop native tokens on behalf of creators. The platform markets these coins, enabling creators to use proceeds to build their projects further.
  • Initial Exchange Offering (IEO): the platform can verify the creators and business and share the data with end-users. This enables the end-users to access appropriately verified projects.
  • Initial NFT Offering: this framework allows particular token holders of specific NFT projects to access NFT sales.

Conclusion

Beginners in the NFT niche can benefit from exclusive features of NFT launchpads. Whether you’re wondering where to sell nft art or how to sell nft art, the platform has all the answers. Here, we’ve explored the trends of the NFT market, the benefits of NFT launchpads, and the key features of these platforms.

Please find here the link to the research overview.

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