Key Benefits of White Label in the NFT Market
Non-fungible tokens (NFTs) continue to make headlines and capture the attention of investors from all over the world. The innovation environment is interesting for its unique properties and revolutionary approach to the very definition of “property” and “copyright”.
Now every talented designer, artist and developer can sell their collections by linking an asset to a token. The main condition is the registration of the item in the blockchain network. After successful registration, the item or asset can be put up for sale. The key feature is the ability to customize access and parameters of the asset being sold. For example, the owner may allow the buyer to replicate the asset with a limited number of copies, or use the item for non-commercial purposes.
The flexibility of blockchain technology holds incredible promise for a smart commodity. Today, developers do not need to prove their copyright, NFT tokens guarantee the preservation of the uniqueness and ownership of any digital asset: image, picture, music, video, program or application.
Only novelty can be called a conditional disadvantage of the NFT space. But, like any technology in the conditions of the mass market and the presence of progressive advantages, sooner or later it will become publicly available. UAStar actively contributes to this.
The issue is that now not every user has the ability to quickly create, configure and deploy an NFT platform. This requires knowledge, experience and information. The NFT environment does not yet have such a level of popularization at which any interested consumer can find the right answers to the questions posed. In this regard, White Label is a unique solution that can significantly reduce the time spent on deploying and developing an NFT platform.
What are the advantages of White label NFT?
“White label” means the sale of a certain brand, digital asset under its own logo. A site in the White label NFT format visually differs little from typical sites. But the proposed assets on the showcase are sold with the logo of the owner, that is, the owner of the site. The White label also provides the right to purchase collections for the purpose of resale and investment before other users.
In addition to the uniqueness of the site, White Label NFT marketplace solution has a number of advantages:
Fast time to market
Developing the Marketplace platform in an NFT environment is costly and requires a lot of time and effort. It is problematic for a beginner to create a store from scratch. This requires analytics, design, copywriting, management and other services. A trading company can easily launch a large-scale project, while a consumer will face many difficulties. White label is a ready-made solution with a high level of uniqueness of your own site. In practice, a well-designed White label NFT platform is a beautifully designed and balanced storefront with all the necessary options for trading in an NFT environment.
Customizable appearance
The site showcase, user interface, internal structure components, banking applications – everything can be configured and edited. Only the basic options remain standard in terms of filling out a profile and designing an asset card. For the purpose of trusting relationships, the system will require you to fill in information about yourself, connect social networks, set an avatar and connect an electronic wallet.
Also, when adding a digital asset, the user is obliged to accompany the item with a brief and detailed description, display an advertising banner as a poster and determine the cost. All these conditional rules are mutually beneficial for both parties and represent a generally accepted practice, following the example of any modern marketplace.
Wallet Integration with NFT Cryptocurrency Support
This requirement is mandatory for the initial registration of the user. White label gives the developer the right to integrate several multi-currency applications at once for the comfortable implementation of payment transactions. The seller will be able to operate, for example, with ETH electronic coins, and subsequently transfer the received monetary asset into a traditional cryptocurrency.