NFTs (non-fungible tokens) can present significant technical challenges for traditional brands and businesses looking to enter the Web3 space.
The complexities of blockchain technology often make it difficult for those unfamiliar with it to efficiently integrate NFTs into their business models.
NMKR – a leading tokenization service powered by the Cardano blockchain – solves this problem by simplifying the process of minting and selling NFTs through its no-coding required platform.
With its NMKR Studio tool, businesses and individuals alike can easily create and launch an exclusive NFT collection.
Below, we explore five of the major features that make it a game-changer in the NFT ecosystem.
First and foremost, NMKR Studio is a powerful tokenization platform designed for easy NFT minting. It empowers all user types, even those with minimal blockchain knowledge, to create complete NFT collections through a simple interface that handles every aspect of the process.
One of the standout features of NMKR Studio is its seamless integration with any sales page. Also, creators aren’t restricted to using NMKR’s branding as they have full control to customize their NFT pages to match their unique vision.
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NMKR Studio provides a variety of payment options, including traditional methods. One of the many hurdles to buying an NFT is owning the appropriate cryptocurrency to use as payment. In most cases, a buyer needs to go to an exchange and buy it before doing the NFT purchase.
In the case of NMKR Studio, it is fully capable of processing fiat payments in Apple Pay, Google Pay, and credit cards for an NFT. This reduces the friction for each purchase as users can directly buy with their preferred traditional payment method.
NMKR Studio offers extensive customization options for selling NFTs, empowering creators to manage their collections and exert some control over how buyers purchase them.
Key customization features include:
- Setting Prices: Creators can set individual prices for each NFT in their collection.
- Free Drops: Launch free NFT collections to engage with or grow an audience, allowing users to claim NFTs without payment, which can boost awareness of the creator.
- Auctions: Set up on-chain NFT auctions to generate excitement and competition among buyers.
- Discounts: Offer discounts on specific NFTs within a collection to incentivize purchases.
- White-Listing: Pre-approve specific digital wallet addresses for early access to NFTs, rewarding loyal community members with exclusive purchasing rights.
Managing token metadata is a crucial aspect of creating an NFT, as it includes key conditions and relevant data about the asset in text form. With NMKR Studio, creators can easily write and automatically attach this metadata to their tokens. Additionally, NMKR Studio allows metadata to be updatable, enabling creators to modify it in the future for specific use cases.
NMKR Studio also supports both CIP-25 and CIP-68, the primary metadata standards for the Cardano network. While CIP-68 can be challenging for newcomers, NMKR simplifies the process, reducing it to just a few easy choices on the platform.
Related reading: How CIP-25 enables the concept of Dynamic NFTs
Finally, NMKR Studio enables all of this functionality to be seamlessly integrated into a custom page. Brands looking to create their NFTs no longer need to rely on external platforms that divert traffic to separate websites. With NMKR Studio, the platform integrates directly into the creator’s project, not the other way around.
This empowers brands, businesses, and creators to design their campaigns while retaining full control over their message.
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Disclaimer
You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained herein shall constitute a solicitation, recommendation, endorsement, or offer by EMURGO to invest.
