End-to-end NFT Marketplace

Listing Details

Product Description:

This is an end-to-end NFT marketplace that empowers brands and companies to create their own NFTs so that they can generate revenue and grow their following.

Buyers can invest in companies, big and small, unlocking exclusive benefits and even receiving dividend-style payouts.

With our NFT technology designed specifically for brands and companies, we've tailored the experience and properties locked into each NFT to make them unique and attractive to those looking to invest in NFT's. Some of the features include:

1. Exclusive Discounts - Discounts can range from 10% off every purchase to lifetime free access to the companies software.
2. Unlock Rewards - Own an NFT in a company, and join an exclusive club. Access a private community & unlock member benefits.
3. Dividend Style Payouts - Receive a percentage of quarterly or annual profits directly into your wallet.
4. Affiliate Commissions: Help grow the company by sending referrals. This creates passive income and increases the NFT resale value.
    

For the companies creating and selling an NFT on the marketplace, they benefit from the following:

1. Weeks not months - Create and launch an NFT in minutes with our listing builder.
2. You set the terms - Set your own entry requirements, allocation, price & royalty rates.
3. Grow your userbase - Unique NFT features help you grow your audience as well as your bank balance.
4. Unlock recurring revenue - Receive lifetime royalties when an NFT is re-sold.

I have recorded a Loom video to walk through the product, its features and the opportunities I see for growth:

https://www.loom.com/share/d6df534aa7cb47e1962ca96dc6a30d7d

Market Background / Opportunity:

NFT's as a technology and asset class are becoming increasingly more popular and understood. OpenSea etc are focusing on Art based NFT’s which is great for artists, but not so good for brands and companies.

This marketplace exists to shake up the market and provide a way for brands and companies to embrace NFT’s, generate revenue and increase their following.

Business / revenue model:

0.25 ETH (~$800) fee to list an NFT collection and then a 3% commission on each NFT sale. These parameters could easily be changed by the acquirer, if needed.

Growth opportunities:

Given that the marketplace is currently pre-revenue, an initial marketing push would be required. This could include SEO work, Social media marketing, content marketing and some ad-spend.

Key assets:

Primarily this listing includes the domain, branding and code-base. The code-base is the key asset here as this would cost $200k+ and 12+ months on the open market to develop.

Reasons for selling:

I spent the first 6 months of 2022 building and designing the product. I had planned to then raise some funding and launch in Q3 of 2022.

However, an acquisition deal for another business of mine (that at the time was in the process of being acquired) collapsed at the last minute. At the time, I was the majority owner, but I was non-operational (effectively just on the board). As a result of the failed acquisition, my CEO stepped down, and I have had to step in and run the company full-time. I cannot see myself being free to focus on the marketplace for at least another year, so I have regretfully decided to sell the technology to a suitable buyer.