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NFT Flow Blockchain Solana NFT Marketplace

NFT Marketplace on Solana

Create Your Own NFT Marketplace using Solana and bring revolution in your NFT trading.

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What is Non-Fungital Token (NFT)?

NFT or non-fungible token is data stored on a blockchain that is distinctive in nature and can’t be interchanged.

NFT is associated with art, collectibles, and even real estate. They are the tokens that enable you to take ownership of your physical and digital assets by a unique digital signature.

In a short span of time, NFTs has gained huge popularity and most people are buying NFTs for their assets like paintings, music, artwork, etc., and earning huge amounts of money.

What is Solana and How Does it Work?

Solana is an ultra-fast blockchain platform that uses proof-of-stake as well as a proof-of-history mechanism and processes the blocks in blockchain with higher speed and efficiency.

Solana, created by Anatoly Yakovenko, is one of the fastest blockchains which has the capability to process 65,000 transactions per second at a very nominal cost.

Solana uses the Verifiable Delay Function and SHA256 mining algorithm to create a historical record of events and timestamp them. Each event in the Solana blockchain has a unique hash and count with a hash function of real-time which tells which information has to come in which order giving us a verified order of events.

Each node in the Solana blockchain validates the cryptographic clock which helps all other nodes to validate events based on time and order of events.

How Solana is Beneficial For NFT Marketplace Development

High Speed

NFT Marketplace built on Solana ensures the ultra-fast processing of transactions which is high-demand for gaming NFT marketplaces and metaverse.

Cost-Effective

Solana is one the fastest blockchain platform which processes thousands of transactions per second with a very minimal transaction fee which makes it a cost-effective blockchain technology.

Interoperability

NFT Marketplace built on Solana helps you to leverage its interoperability feature to trade NFT’s securely on multiple virtual platforms and process bulk transactions seamlessly.

Composability

The NFT Marketplace developed on Solana is highly composable which allows the end-users to easily integrate, bid, and trade the NFTs conveniently.

Why Choose Blockchainrabbit as your NFT Marketplace Development Company?

We provide NFT development services to ensure that you can have your own NFT marketplace backed by Solana blockchain technology. Harness the power of Solana, an emerging technology that can power various industries like sports, games, eCommerce, etc., and scale your business in the digital world. 

Choose us as your NFT Marketplace development company. Escalate your business growth by utilizing the benefits of a robust and scalable NFT solution from our high talent pool. 

Empower your business to reach end-users without any intermediates and generate profits.

Our 4-Step NFT Marketplace Development Process

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BPM Supreme

OpenXcell is a great team to work with, highly recommended

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    Frequently Asked Questions

    How to launch your own NFT Marketplace on Solana?

    All you require – skilled developers, the latest technologies, and the appropriate platform.

    Based on your business model, Blockchainrabbit helps you to launch your own marketplace where you can buy, sell and trade your assets to generate revenue.

    How much budget is required to launch an NFT Marketplace on Solana?

    The budget simply depends on your business model. We create and launch a highly efficient marketplace at affordable prices based on your requirements.

    How long does it take to build an NFT Marketplace on Solana?

    We have various phases to process your business idea and deliver you the optimum product. There are various factors like features, chosen platform, technology stack, etc. which decide the timeline for the successful delivery.

    Solana is one of the fastest blockchain technology which can process thousands of transactions within seconds with full efficiency and security.

    Solana different from Ethereum?

    Apart from processing speed, Solana’s transactional fee is low in comparison to Ethereum.

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