Opensea Clone App (Features + cost)

Recently the progress of digital world is so tangible and everyone can notice that the most important contracts are done in the ground of digital marketplaces. Artist and seller both have chosen the world of crypto currencies to improve and enhance their businesses and consequently, the need for Non Fungible Tokens (NFT) has raised. The need can be satisfied if one could own or create their own digital marketplace which can be in the shape of mobile application, but creating it is not something easy to do, it requires money, effort and competence, thus the process of making your own marketplace can be tricky. In this article we are going to introduce of the best companies in the field of NFT (Opensea) and some features and benefits of it. So get your coffee or any drinks available because it is going to be an interesting and informative article. Stay tuned

Opensea

One of most famous NFT marketplaces is Opensea that everyone who has even the slightest knowledge about cryptocurrency, digital art and NFT have at least heard of once in his entire life. Opensea marketplace is one of the greatest marketplaces that allows you to mint, buy and sell NFTs freely and with no difficulty and makes the users to fulfill their needs, therefore choosing it as a business model and using its clone script can be helpful, since it is a very successful NFT marketplace. Opensea is known as the main and largest peer-to-peer NFT marketplaces. Currently, the volume of this company’s exchanges amounts to 6.5 billion dollars, based on the data of the DappRadar analysis database.

The company was founded in 2017 and it has over 200 employees which is a proof for their success. This market houses a huge collection of NFTs such as gaming and collectibles, artwork, music, gifs, and more. They own about 2 million collections, such as, Dodoor NFT, Lost Miners Claim Psses, Kryptic Kids, Monsterland and etc, and 80 million NFTs. These numbers are not a joke.

Opensea App

Aside from the Opensea website, the company also have developed Opensea App which can be applicable both on mobile and computer. It has of course number of feature and benefits that distinguishes it from other NFT clone apps. OpenSea Clone app is a perfect replica of the OpenSea marketplace and it is made and developed by knowledgeable developers and designers to have fantastic features and functionalities. Different companies might offer different features for your desire, but what is for sure, is the fact that it is one of the best in the NFT industry and the ratings have shown that customers and clients were fulfilled by the service they were given in that matter. The mentioned clone app can be built on different platform like, Ethereum, polygon blockchain and etc. the followings are the list of Opensea like app features and benefits that might be helpful for getting to know it better.

Features of this clone app

• Storefront

OpenSea clone has all the information you’ll ever need about any digital object. Everything you will ever need will be available in a glance of an eye. You will be informed of anything new

• Filter

Filters in this clone app usually are used to filter your preferred assets based on the prize, artist and kind of the asset, and thus it helps you to have a great experience.

• Search

You can use this option to search for and locate your favorite digital items since finding what you want might be tricky so this feature can be so helpful.

• Connect with your profile

If you link your profile that you have created in the Opensea website to the openSea app, you can have access to digital items that you have acquired.

• Organizing the Favorite NFT

Users can save the NFT and digital assets that they like to find them easily because most of the time people cannot find the desired NFT and it can be overwhelming most of the time, but with this feature, you can find them by just a few clicks.

• Statistics on the collection and Item

Sometimes finding the best collection to invest in can be tricky, but in this app users are allowed to browse the most recent market trends or the requirements of the market and take the most advantage.

Benefits of opensea clone app development

• Multilevel security

• API Integration

• Compatibility

• Usability

• Instant Transfer

• Low Transaction Fees

• And I found it necessary to say that as a user, you can easily create your own NFT collection without any coding knowledge. Also, this service is free while most competitors' NFT marketplace charge fees to create NFTs.

Knowing how this app works can be a huge help for those who are having second thoughts on choosing this clone app or not, so in this part of article we are going to explain how the application works.

How does the clone app work?

Firstly, the users must create an account on the platform which can be done through Gmail, Facebook and etc, after that, they are required to create a crypto wallet on the platform to store NFTs and cryptocurrencies, because of the fact that every trade needs an amount of money and asset. Then, users can create an NFT and accurately set the auction parameters. Now the purchases of the NFT collections are available and users can easily buy or sell NFTs. the Items can be customized by the chosen platform. And then the non-fungible tokens are placed on the auction list ready to be sold

Why OpenSea for NFT marketplace development?

One might be wondering on the question “why opensea?”. the world is moving towards digitalization and many entrepreneurs have started to establish their business domains in the crypto systems through NFT marketplaces which is a decentralized platform that facilitates storing and trading of Non-fungible tokens that represent all forms of digital assets like video, music, art, etc stored on the blockchain network. NFT marketplace development includes the complete process of building an NFT marketplace for minting and trading NFTs, thus the process needs a very successful model and the success of Opensea NFT marketplace is not hid from people all arounf the world and the benefits they have gained has greatly attracted many crypto enthusiasts to launch their own NFT marketplaces similar to the Opensea platform. Listed below are reason behind choosing Opensea business model:

1. It's King of the NFT Marketplace in the Crypto era

2. Opensea aid around $14B in transactions in 2021 and already crossed $1B in 2022

3. OpenSea is currently valued at $13.3 billion.

4. According to Dune Analytics, on OpenSea (Polygon) sold nearly 2 million NFTs in December last year.

5. Competitive market commissions

6. Numbers and a variety of NFT & crypto collectibles

7. Industry-leading security protocol

8. OpenSea is secured by immutable smart contracts, creating fraudulent transactions nearly impossible.

9. Opesea charges some minimal commission fees for buying and selling NFTs.

and here are some reasons that shows Opensea can be helpful for your business.

1. Fast and easy connection with your customers

2. Show offerings and new arrivals to your customers using notifications

3. Reach customers’ engagement level

4. Create a stronger brand

5. Controls in your hand

The budget you need for crafting a non-fungible token marketplace platform from scratch will be around $60k — $100k but this number can change based on the features and functionalities you might want for your own application.