Meebits NFT Marketplace: A Complete Overview: How To Launch Meebits Like NFT Marketplace?

Meebits NFT Marketplace



 Larva Labs just released another world-class platform, The Meebits NFT marketplace, after enthralling investors with the CryptoPunks NFT marketplace, which provided 10,000 unique crypto-collectibles for sale.

It is selling 20,000 premium 3D voxel characters to interested investors. The Meebits NFT selling platform’s unique selling point (USP) is that there are no trading costs. This helps to attract a huge number of customers to place bids on digital treasures. Above all, the Meebits marketplace provides a plethora of NFTs that combines gaming, virtual reality (VR), and virtual worlds.

Statistics About The Spectacular Success Of The NFT platform like Meebits

  • Meebits sold a remarkable 12,864 crypto-collectibles in only 18 days after its market debut, according to NonFungible dot com.
  • The overall trading volume on the Meebits NFT — the marketplace has exceeded $139.34 million.
  • Investors paid $357,350 for 212 NFTs in the previous 7 days, with $1.32 million in trading volume.
  • In the recent week, the Meebits marketplace sold more crypto-collectibles through secondary sales (161) than primary sales (51).
  • According to DAppRadar dot com, the Meebits NFT marketplace has conducted — 22780 peer-to-peer transactions and has a positive cash balance of $526,530.

Features Of The Customized Meebits NFT Marketplace

  • ERC-721 Compatibility:

ERC-721 Compatibility of the Customized Meebits NFT Marketplace

All NFTs offered on Meebits fully conform with the Ethereum blockchain network’s ERC-721 standard. Every crypto collectible has a unique contract address and a Token ID. In addition, the Etherscan Block Explorer allows entrepreneurs to follow the development of all tokens.

  • Transactions are processed quickly:

Content producers receive the money they require promptly. The Meebits NFT selling platform offers a high transaction processing speed of 100 Meebits. To complete the deals, both buyers and sellers agree on the ask (lowest selling price) and bid (highest selling price).

  • Extra Benefits for Investors

All owners of NFTs acquired from The Meebits marketplace may use the T-pose OBJ file to 3D-animate your crypto collectible. High resolution and lossless renderings are included as extras in the assets collection.

  • Open Bids

On the Meebits marketplace, trade transactions are quite transparent. It contains information on the offers made by the makers (sellers) and takers (buyers). Certain auctions will be available for a limited time, and investors must submit their bids straight to the artists’ wallet addresses.

Following that, the addresses may be validated via Etherscan, which also serves as a Block Explorer and an analytics platform.

  • Attributes List

The NFTs sold on The Meebits online marketplace have two characteristics (Jersey Number and Tattoo). Tattoo NFTs include a wealth of information regarding the look, such as (bandana, beard, glasses, earrings, hair, hat, headphones, jackets, jerseys, mustaches, pants, shirt, shoes, sunglasses, and trucker cap).

Each cryptocurrency collectible has its own Jersey Number. Buyers may access all of the NFTs listed on The Meebits marketplace via the OpenSea platform.

  • The Dutch Auction

The Dutch auction model is used by the Meebits NFT marketplace. NFT prices are high at the time of listing. However, the sellers steadily reduce the price until an interested bidder accepts the trade contract.

Integration with MetaMask Wallet is seamless

It is a safe digital wallet that is accessible as a browser extension and as a mobile app. On MetaMask, investors purchase NFTs using the Ether (ETH) cryptocurrency. Additionally, investors may protect their crypto assets with methods such as a key vault, a password, and a secure login option.

  • Owners of Meebits

The buyer of NFTs, their wallet address, and the total quantity of Meebits NFTs purchased are shown.

  • Trading Terminal for Meebits

Without a doubt, the seller of NFTs gives their wallet address as well as the name of the Meebits NFT.

1. After reviewing all of the proposals received, the artists can choose the best bid and notify the buyer. Finally, the investor enters his or her wallet address as well as the amount of ETH they are ready to pay.

2. Furthermore, the sellers must accept the terms and conditions outlined in the Ethereum-based Smart contract. They post the final offer details on the Meebits NFT marketplace.

Deposits And Withdrawals Using The Meebits Trading System

Investors can withdraw their trade balance at any moment by specifying the amount of ETH and their wallet address. They may also deposit an unlimited amount of ETH cryptocurrency to their wallet address in order to purchase high-value NFTs from the Meebits marketplace.

Integration of IPFS

The InterPlanetary File System (IPFS), a peer-to-peer (P2P) hypermedia protocol, is integrated with the Meebits NFT marketplace. The distributed file system securely backs up all of the artists’ and investors’ material. On the IPFS, a matching hash will be saved for each newly minted NFT.

How Does Turnkeytown Excel At Meebits NFT Marketplace Development?

In addition to the MetaMask wallet, we support alternative Ethereum-based digital wallets such as MyEtherWallet, Trust Wallet, and WalletConnect.

For further security, investors may keep their crypto assets in the Ledger Nano S and Ledger Nano X. Both the Ledger Nano Wallets (S and X) and the MetaMask wallet may be merged.

We increase sales for artists by promoting their NFTs via email, crypto forums, and social media networks. Furthermore, we safeguard content providers from difficulties such as copyright infringement and duplication. This ensures a secure and dependable trading experience.

Cost

The money for developing the deployable Meebits marketplace is divided into phases. It entails business analysis, market research, UI/UX design, prototype construction, front-end, and back-end development, testing, platform launch, and marketing campaign implementation.

Furthermore, the cost of development is determined by elements such as features, the hourly rate given to developers, the amount of customization, multi-platform compatibility, tech stack, the total time required, and third-party API integration.

Last Thoughts

The Meebits marketplace has undoubtedly become the buzz of the town. It has swiftly risen from strength to strength, acquiring more artists and dealers. As a result, entrepreneurs have the potential to emerge as unquestioned leaders of the crypto revolution. They may now collaborate with Turnkeytown to create wonderful Meebits like NFT marketplace development in the near future.

Location: United States

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