Please enable JavaScript.
Coggle requires JavaScript to display documents.
Four ways to create and sell your NFT - Coggle Diagram
Four ways to create and sell your NFT
Deploy own smart contract and sell on own marketplace
++
High Complexity and management effort.
--
High Costs : Costs related to implementation, setup, maintenance and marketing...
++
High Flexibility and Programmability : It is possible to implement your own business logic and special functionnalities in the NFT smart contract.
+-
Full control over NFT standartization and interoperability.
++
No Third party fees.
++
Full control over the marketplace business strategy.
+-
Low to Average Tradability and liquidity.
Deploy own smart contract and sell on external marketplace
--
No control over the marketplace business strategy : Your own marketplace, your own rules.
+-
Average Costs.
++
High Flexibility and Programmability : It is possible to implement your own business logic and special functionnalities in the NFT smart contract.
++
High Tradability and liquidity : A great range of customers that have interest in buying/selling these tokens.
-- Third party fees : NFT marketplaces applies fees to selling and buying operations.
+-
Average complexity, integration and management effort.
+-
Full control over NFT standartization and interoperability.
Mint NFT with a platform smart contract and sell on own marketplace
+-
Average Costs.
+-
Average complexity, integration and management effort.
--
Low Flexibility and Programmability : Dependent to the platform smart contract basic functionnalities.
++
No Third party fees.
+-
Low to Average Tradability and Liquidity.
+-
NFT standardization and interoperability : dependent to the platform NFT specificities.
++
Full control over the marketplace business strategy : Your own marketplace, your own rules.
Mint NFT with a platform smart contract and sell on external marketplace
++
Low Complexity and management effort.
++
Low Costs.
++
High Tradability and liquidity : A great range of customers that have interest in buying/selling these tokens.
-- Marketplace Fees : NFT marketplaces applies fees to selling and buying operations.
-- Low flexibility : Dependent to the smart contract basic functionnalities.
+-
NFT standardization and interoperability dependent to the platform NFT specificities.
--
No control over the marketplace business strategy.