In the ever-changing crypto world, blockchain technology plays a pivotal role in safeguarding transactions. The first-ever blockchain that has made a revolution is the Bitcoin blockchain, but it faced the highest drawback. Only bitcoins can be mined and traded with that blockchain. To sort the drawbacks of the Bitcoin network, Ethereum gave entry into the crypto realm. However, Ethereum faced high scalability problems, network congestion, low transactional speed, and regulatory issues.
To overcome these issues, many blockchains have been introduced and tokens have been created. However, only a few blockchains got immense attention. In the few, the unbeatable blockchain is the Polygon Blockchain. Polygon, previously known as a MATIC Blockchain is a layer-2 Ethereum blockchain that offers speedy transactions at low cost. Without any network congestion, the polygon network interacts with any decentralized applications (dApps).
That led many investors to create their non-fungible tokens in the polygon network. As more tokens are created on polygon tokens, the demand for blockchain networks also increases. In that regard, NFT Marketplaces are created in this Polygon blockchain. If you are also in the need to create your NFT Marketplace but need clarification about the blockchain? Don’t worry, You have found the perfect blog.
First, we will clear the necessary query of…
Why choose Polygon Blockchain for NFT Marketplace Development?
Polygon Network was first founded by Jayanti Kanani, Sandeep Nailwal, and Anurag Arjun in 2017. This is a layer 2 Ethereum blockchain, one of the most promising blockchains founded to sort out the scalability issues and transactional speed. The polygon network, also known as the Matic network, offers plasma sidechains.
The integration of the plasma sidechain is to ensure more transparency along with advanced-level security measures. Even though, you may question us,
Why specifically choose Polygon Network over other Blockchain Networks?
Blockchains like Ethereum, Solona, Tron, and others are recently facing huge scalability issues, network congestion, programming language complications, etc. On the contrary, the Polygon network offers its users low transaction fees, enhanced scalability, Interoperability, and advanced-level support for dApps. This enabled many new startups and entrepreneurs to create their NFT Marketplace on the Polygon blockchain.
Some of the successful NFT Marketplaces created on the Polygon network’s details are enlisted for you.
Best Polygon-based NFT Marketplaces in 2023
TofuNFT – The TofuNFT Marketplace offers its users seamless, reliable, and secure NFT transactions. On the homepage itself, a filter feature helps to choose the relevant NFT for trading.
PlayDApp – PlayDApp is both a gaming and NFT Marketplace that offers various gaming tokens. Users can even play without any cryptocurrencies.
Refinable – Through this platform, users can trade gaming items from various metaverse platforms on the Polygon blockchain network. Refinable is considered one of the top polygon-based NFT markets with a trading volume of $3.6 million.
NFTrade – Like Refinable, NFTrade is also the best marketplace with a trading volume of $3.7 million. Here, users can mint, buy or sell NFTs from various blockchains.
Hodl My Moon – In this NFT platform, users can turn their avatar into a non-fungible token. The NFT minting can also be executed easily.
Tixhive – The Tixhive is a ticket-selling blockchain-based NFT Marketplace to sort out fraud activities.
Altr – In this platform, physical assets can be turned into an NFT without any hassles. The rarest and finest NFT collections are available on this platform.
MBD Boulevard – The MBD Boulevard is an ‘out-of-the-box’ NFT Marketplace where goods and services can be sold and bought. Users can also build their financial ecosystem.
These are some of the popular NFT Marketplaces that run on the Polygon blockchain. Through these NFT Marketplaces, users can buy, sell, mint, list, and trade the finest NFT collections without any hassles. If you want to create an NFT Marketplace in this list, then it is essential to know about the development process. Keep scrolling, Next, we are going to see the topic…
Polygon NFT Marketplace Development process
The Polygon NFT Marketplace development may seem to be a daunting task, but with proper guidance and support, it is easy to launch. The step-by-step guide for launching a Polygon NFT Marketplace has been enlisted.
Step 1: Build a Perfect Roadmap
Before entering into the development process, go through a complete market analysis and identify your competitor. Once you have done with your analysis, then find their efficient features and plugins.
Step 2: Focus on your Niche
When the market analysis has been done completely, you have to choose the niche of your NFT Marketplace. You can focus on a specific niche or generic NFT Marketplace. Be clear with your target audience, and their choice of NFTs and NFT collections.
Step 3: Approach a Development Company
The crucial stage of the Polygon NFT Marketplace Development involves the choice of an NFT Marketplace Development Company. They play a pivotal role in launching your NFT Marketplace from the creation of a roadmap to marketing your NFT platform. The developer team would have enough knowledge in the creation of an NFT Marketplace as per your business needs and requirements.
Step 4: NFT Marketplace Designing
With the help of the NFT Marketplace development company, you have to integrate the smart contract, UI/UX design, front-end & back-end features, and plugins. Choose the solidity language and technology stack for the Polygon NFT Marketplace development. Implement the NFT minting, trading machine, listing fees, and bidding options.
Step 5: Testing and Debugging
Once the development process is over, it is essential to test the Polygon NFT Marketplace before launching. This is to reduce any technical bugs and issues. At the initial stage itself, you can rectify the technical side mistakes in the NFT Marketplace.
Step 6: Support and Maintenance
Even after the NFT Marketplace is launched, the NFT Marketplace development company offers maintenance for the website. Utilizing marketing strategies, influencer collaborations, and community engagement will help you enhance your NFT Marketplace.
This is how the Polygon NFT Marketplace can be developed and launched. Within a short period, you can launch the Polygon NFT Marketplace and reap huge profits. Through these, it is evident that developing an NFT platform is not that daunting a task. So, without any secondary thoughts, let’s discuss…
Perks of developing an NFT Marketplace in Polygon Network
Knowing the benefits of developing an NFT Marketplace on the Polygon network would encourage you to launch them as soon as possible.
- The NFT transactions can be executed as much as possible within the Polygon NFT Marketplace.
- Within the Polygon NFT Marketplace, the gas fees are completely affordable for users which helps you to gain more investors.
- Compared to other Blockchains, the Polygon network offers transparent, powerful, and secure transactions.
- As Polygon Network is more compatible, it can be also used to launch decentralized applications.
- Due to its scalable nature transactions in the polygon network are cheaper and faster.
- The polygon network has an interoperability nature where it is compatible with the Ethereum blockchain. Therefore, Ethereum users can also execute their transactions.
Due to these factors, the Polygon network is highly adopted in the NFT realm for marketplace development. While you have known about the perks, it is also essential to analyze the features. So, let’s have a look at that.
Features of Polygon NFT Marketplace Development
Through developing an NFT Marketplace on Polygon Network, you can integrate various advanced-level features. In simple terms, the features are the pillars of the Polygon NFT Marketplace development.
- High-end security features
- Scalability options
- Smart Contract Integration
- Cross-chain compatibility
- Speedy Transaction Facility
- Advanced UI/UX design
- EVM compatibility
- Robust Infrastructure
- Low Transaction Fees
These are some of the default and potential features of a Polygon NFT Marketplace. As mentioned earlier, with the help of an NFT Marketplace development company, you can launch your NFT platform efficiently. You may arise with the important question…
Where can I get Polygon NFT Marketplace Development Services?
You can get the Ideal Polygon NFT Marketplace Development services from Coinsclone. We have highly technical skilled developers and an expert team who have decades of experience in developing an innovative NFT Marketplace. If you are still in the dilemma of choosing us, you can call our expert team. We offer you a live demo which is free of cost.
With the live demo, you can get a clear idea of the Polygon NFT Marketplace. Other than this, we also offer non-fungible token development services and NFT Marketplace clone scripts. If you need your NFT Marketplace to stand out from the usual crowd, then choose our blockchain developers.
Why wait? Contact our team immediately!!!