Create an NFT marketplace app with AR features and sell rare collectibles easily/ Merge the physical and the digital world by initiating Veve like app development

  

Collectibles are the biggest trend in this era of Web 3.0. Artists, brands, and popular celebrities are launching their exclusive collections on blockchain-powered trading platforms. Subsequently, die-hard fans and customers would make bids in auctions for buying these rare items. Are you an entrepreneur interested in using the potential of technology? Create an NFT marketplace app with AR features now.

 

Deciphering the meaning of an NFT

 

It is a unique digital asset created by artists, brands, award-winning celebrities, and even conglomerates. Generally, they list these one-of-the-kind tokens on marketplaces running on blockchains like Binance Smart Chain (BSC), Ethereum, Cardano, Flow, Solana, Tezos, TRON, WAX etc. 

 

Do buyers purchase an authentic NFT? Yes of course!. All the data is recorded on the distributed ledger of the blockchain. Subsequently, users can tap blockchain explorers like Etherscan, TRONScan, and BscScan. 

 

They can verify the originality of the asset (artwork, GIFs, photos, merchandise, films, sports goods etc). It contains details like the token ID, contract address, and the date and time of minting the NFT. 

 

Besides that, the media file is stored securely in a peer-to-peer protocol like the InterPlanetary File System (IPFS). Importantly, buyers and sellers of collectibles can click the Transfers Section on the blockchain explorer. They can see data like the transaction hash, the sender and receiver of the peer-to-peer (P2P) payment. Moreover, interested buyers can click the Method Tab and view details about the Mint and Approve and Create Reserve Auction. 

 

Know how the metaverse is blooming in 2021

 

  • As per the NonFungible data tracking portal, the trading volume of crypto collectibles surpassed $1.44 billion in December this year. 
  • Investors purchased 482,287 collectibles this month. Interestingly, secondary sales of NFTs (277,155) surpassed primary ones (205,132). 
  • Augmented Reality (AR) and Virtual Reality (VR) will determine the future of content creation, minting, and listing. The VeVe NFT marketplace is the leader in this. Since its launch in 2018, the online platform has sold 2.6 million collectibles. Importantly, VeVe has more than 1 million active users. 

 

How Augmented Reality (AR) will offer a one-of-the-kind experience?

 

Engaging with the target audience is a crucial aspect for sellers of NFTs. For instance, if an investor wants to purchase a branded product, they can tap the Augmented Reality (AR) view button and visually experience it. Thus, customers can put on the good, try it out, and apply different kinds of colours and effects. Thus, interested buyers will know if the merchandise perfectly fits their interests and preferences. 

 

Moreover, users can create and share AR-based effects across instant messaging apps and social media platforms. Thus, it facilitates an interactive environment with a mix of In-Real Life (IRL) and virtual elements. 

 

Connecting AR and Veve like app development

 

E-Reader - VeVe is the New Zealand origin NFT marketplace that sells premium and licensed collectibles to investors. Consequently, users can purchase common, rare, as one-of-the-kind collectibles. 

 

For example, selling comic books as collectibles will help in attracting bibliophiles significantly. Likewise, buyers of NFTs can tap the digital reader, go to the collection, and choose the genre they want. Moreover, readers can click the Augmented Reality (AR) button. 

 

Consequently, they can scan the surroundings with their devices. Readers should place the virtual comics and the pages of the content will automatically load. Thus, the engaging and interesting content from the comics is streamed onto the devices. 

 

Readers can also utilize other options like tap edge for turning pages, moving forward and back through the comic books, scaling up and down to increase the size of a character or a letter, rotating, repositioning, taking snaps, and recording content. Thus, this facilitates a comfortable experience for book lovers.

 

Stand together with favourite characters - VeVe currently operates on Immutable X, the layer 2 protocol of the Ethereum blockchain network. Thus, the NFT marketplace is offering a host of advantages to both artists, brands, and their legion of fans. It comprises zero gas fees, 100% ownership of the collectibles, scalability, sufficient liquidity, and instant minting of the collectibles. 

 

Moreover, the NFT marketplace is the trendsetter in both Augmented Reality (AR) and Virtual Reality (VR). For instance, it has teamed up with iconic brands like Disney, Marvel, DC Comics, Back to the Future, and Warner Bros. 

 

Thus, entertainment fans can choose their most-loved characters and purchase virtual collectibles. They can click the AR button, pose along with popular collections, and also modify their appearance accordingly. Thus, users can add special effects, adjust the dimensions, and take snaps of their eye-catching NFT. 

 

Creation of Showrooms -  Collectors of NFTs can create digital showrooms and share them with their colleagues, family members, and friends. They can use their smartphones, click the Augmented Reality (AR) button and give an In-Real-Life (IRL) effect to their showrooms. This feature is highly useful especially when new digital collectibles get launched. 

 

Hence, investors can check out the drops section periodically. This shares real-time updates about the upcoming launch of NFTs. Hence, users can see the names of artists, brands, and celebrities who are launching NFTs.

 

They must sync their digital wallets, possess the needed native tokens and cryptocurrencies, and make bids in the auction. Eventually, buyers will get hold of the one-of-the-kind collectibles ahead of other investors in the fray. Subsequently, investors can utilize 3D effects for customizing and decorating their set of collectibles. 

 

Do Carbon-Neutral NFTs have a strong future ahead? 

 

Unquestionably, blockchain networks consume a lot of computing energy. For instance, VeVe has made a strong commitment in March 2021. This is because it has contributed a whopping amount of $7 million to non-profit organizations working for the environment. 

 

This is possible because of Immutable X, an Ethereum Layer 2 scaling protocol. State-of-the-art Application Programming Interfaces (APIs) assist in setting up an NFT business in a quick time. 

 

It provides several advantages like zero gas fees for P2P trading, complete control of private keys, a whopping speed of 9000 peer-to-peer payments per second, and the absence of centralized authorities. Artists, as well as brands, can mint single and multiple NFTs and protect their collections with multi-layer security measures. 

 

Wrapping Up

 

Are you that cryptopreneur who wishes to offer an experience like no other to the universe? Launch an NFT marketplace app with AR features by connecting with a white-label solution provider soon. 

 

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