NFTciti Project - First Marketplace to Share Revenue for NFT Creators
According to the most recent nonfungible.com report, the NFT Market is stabilizing in Q3/2022, thanks to strong and engaged communities with healthy trading behavior. Token utility appears to have surpassed the concept of financial investment. The next boom is taking shape, and it will be even more explosive and impactful than the "NFT Collectibles" era. Following that market trend, NFTciti Marketplace was created to embrace the new NFT wave.
What is NFTciti?
NFTciti is an aggregated, creator-centric, multichain NFT marketplace where you can mint, buy, and sell digital collectibles and any other type of digital content. It’s built to be easy to use and a joy to explore, whether you’re a longtime NFT enthusiast or a newbie just encountering the blockchain miracle for the first time. On the NFTciti marketplace, collectors can easily stay updated with the latest information about NFT collections and manage their portfolios with high security.
Notably, NFTciti is the first marketplace to share revenue with NFT creators. If normally NFT creators just earn from sales of their products, they can get more with the revenue sharing policy from the platform. The official information related to revenue sharing hasn't revealed,so Market247 will update the details in the upcoming time. Importantly, the project has no plan to release the token.
The NFTciti has a plan to open for mint its first NFT collection La'eeb. You can join its whitelist giveaway program to get a free mint slot. The minting event will happen on 17th, Nov.
NFTciti Highlighted Features
Most people go to NFTciti to buy and sell NFTs. This marketplace, however, allows you to do much more than just make purchases. The NFTciti marketplace has numerous new features as follows.
Create, List, Mint, and Transfer NFTs Items.
The platform provides tools for minting and listing NFTs and education to guide users through the platform. If you want to get started, you must create an NFT collection, and then you can begin uploading your creations to the platform with very simple steps. There is no requirement for a fee to creators.
Then, you can share some information about your NFT projects, such as a website and any social media channels associated with it. Then you must "mint" your NFT. This is the process of publishing your NFT to the blockchain and making it available for purchase. The platform charges very little or no fees for minting NFTs.
For any transactions, you’re going to need a crypto wallet such as MetaMask. It is used to make blockchain purchases as well as to store non-fungible tokens. Decentralized smart contracts are a great way to help you protect and control your digital assets with high security.
NFTciti never owns or stores the digital assets that you put on the platform. Rather, these assets are placed onto the blockchain, where they are tied to a specific address, and the platform simply lists them and facilitates the transaction. However, the core NFTciti platform has always been inherently centralized, meaning they have full control over which assets remain listed for sale on their site.
NFTciti provides a handy “explore” button in the center of the NFTciti Home Page. This feature enables you to explore a wide variety of choices and filter items by price, status, blockchain, and more.
Before purchasing non-fungible tokens, many collectors and investors prefer to review historical data. However, locating this information can be challenging and time-consuming, particularly if you wish to examine data on numerous NFTs at once. The NFTciti marketplace provides a variety of rankings and advanced analytics tools that can be useful for tracking projects. NFTs are ranked by the latest sales volume, floor price, price fluctuation, and other statistics through Collection Trending or Collection Top Volume features.
Here users can explore the most amazing upcoming NFT that is soon going to hit the NFT marketplace. Upcoming NFT events and the real-time data for events are also provided logically on this site.
La'eeb, Otis and Beauty Goblin are three first NFT collections which will be released in the platform.
What kinds of NFTs is NFTciti compatible with?
NFTciti platform is compatible with various NFTs, including art, music, domain names, virtual worlds, trading cards, collectibles, sports assets, and utility NFTs. Furthermore, it is also compatible with several blockchain networks. According to the latest announcement, the platform will support Polygon-based NFT first, then expand to support other blockchains.
Fees and Supported Currencies on NFTciti
NFTciti works as a functioning marketplace for artists to sell their digital collectibles. Every NFT marketplace charges fees to support its infrastructure which is 2.0 % of the sales price of every purchase (only for sellers). Buyers are not charged a service fee by NFTciti.
The platform accepts a wide range of currencies. There has been no announcement from the project regarding this issue, so we will provide an update as soon as possible.
In conclusion, NFTciti is a very promising project for the long-term development of the NFT industry. In the upcoming time, NFTciti website will be released with full features, so you can stay updated with the project through these links below.
Common Questions Related to NFTciti
What makes NFTciti unique?
NFTciti is the first marketplace that distributes revenue to NFT creators. It's designed to be simple to use and enjoyable to explore, whether you're a longtime NFT fan or a newcomer discovering the blockchain miracle for the first time.
Which blockchain does NFTciti support?
According to NFTciti Team, the project is multichain NFT marketplace. Polygon is the first blockchain that platform support.
Which NFT collection will be launched on NFTciti in the upcoming time?
It will release 3 first collection, includes La'eeb, Otis and Beauty Goblin. The minting date for La'eeb will happen on 17th-18th, Nov
Market247.io offers fundamental and technical analysis of potential crypto projects and hidden gems. By doing so, we hope to bring information promptly to support investors in making investment decisions. All information provided by Market247.io is just a reference, not investment advice.
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