Five Different Categories of CryptoPunks
- Female
- Male
- Alien
- Zombie
- Ape
CryptoPunks are referred to as Digital avatars. Among the total 10,000 punks, 1000 are premium ones called Dev Punks.
With Bundle listing feature allow your user to list NFT tokens altogether in bundles, eliminating the need to give it one by one.
We build a completely decentralized platform that avoids the interference of any third parties in the NFT trading between the buyer and seller.
We integrate IPFS & Pinata applications & API to make the NFT marketplace more reliable and effective.
With this feature, users can get instant cash as fiat currencies or cryptocurrency by keeping NFT as collateral for loan exchange.
We devise our NFT marketplace with a defined simple protocol that lets any user operate the marketplace without any technical knowledge.
Trading can be made unrestrictedly from any device and operating system as our solution is designed with multi-device compatibility.
We ingrain the multi-currency assistance feature into the NFT platform that enables trading through local currency, global currency, or any other cryptocurrencies.
It provides ease for the users by eliminating the need to go through each determinant value one after the other. Instead, the NFT value estimators give the estimated value of the CryptoPunks immediately.
We adopt highly effective utility strategies to run the NFT marketplace in a more professional and user-friendly way.
One of the most important traits is the limited supply factor of the CryptoPunks that accounts for the uniqueness of the particular type of Punk.
This is the era where NFTs are gaining wide acceptance among the audience, holding great potential for entrepreneurs to make good profits with NFT marketplace development.
In the month of August, the NFT marketplace witnessed a peak of $86.55 million worth of transactions, all of which involved the sales of CryptoPunks avatars.
Ethereum-based NFT CryptoPunks is said to be the second NFT project to hit $1 billion in sales on August 28, 2021.
CryptoPunks tops the chart with over sales of $408 million within a week.
1 The CryptoPunks clone marketplace will be listed with unique pixelated characters at a number of your choice.
2 Firstly, the user has to create an account on a preferred Cryptocurrency exchange and have ETH in the Ethereum compatible wallet.
3 It then directs to the marketplace that lets users access digital collectibles and bestows ownership.
4 Generally, it follows a color-coding mechanism that highlights the status of the collectibles.
5 The NFTs in red color denote the one that is put for sale and can execute effective trade-offs.
6 Blue color denotes the NFTs that are acquired or not for sale and no active bids.
7 The purple color represents the NFTs that are on active bid. The highest bid of the NFTs wins the auction.
8 On successful completion of the bid, the assets on exchange to ETH are transferred to the wallet.
As we are well aware that only a limited number of collectibles can be created, making them unique and scarce in distribution.
The rarity of the CryptoPunks clone is directly impacted by the limited supply factor. Additionally, attributes and the type of punks also contribute to the rare nature.
Earlier, the punks were sold for free when it was released. Utilizing the chance, many investors acquired the CryptoPunks at that time.
One of the most important factors of investment is liquidity. It decreases when the value of the token increases. It applies to both fungible and non-fungible tokens.
Online value estimators give the estimated value of the collective CryptoPunks immediately instead of going through each value determinant one by one.
We follow an agile development strategy to create an NFT marketplace like CryptoPunks, ensuring all of the business criteria are rightly covered. Our step-by-step workflow is given below to uncover our process of NFT marketplace development.
Gathering and compilation of business requirements from clients.
Analysis and research on the scope of the business.
Selecting the right tech stack to carry out the development.
Choosing the blockchain platform for developing the marketplace.
Designing of the UI/UX.
Developing a robust NFT marketplace.
Testing the product.
Deployment on the preferred blockchain network.
Post the launch support and maintenance.
Our developers here assist you in building any popular NFT marketplace platform by employing state-of-the-art technologies with the latest tech features.
TurnkeyTown is well-known to offer top-rated CryptoPunks like NFT marketplace development services for various fields like artworks, videos, collectibles, etc. Moreover, we build solutions on any blockchain platforms like BinanceSmartChain, Ethereum, Tron, Matic, etc., as you prefer. Join forces with us to develop an attractive NFT marketplace and grab the attention of hordes of users to your platform.
Some of the highlighting privileges of our NFT development services