Alex Salnikov, Co-founder of Rarible, announced that users can create their own NFT marketplace without coding tools. It will be free to the community and there will be no setup costs, monthly fees, or transaction fees.
He also added that companies choose to create their own ecosystems instead of having Amazon stores. DTC vertical platforms allow for managing user flow in a secure environment for brands.
“We are optimistic about Polygon,” says Salnikov. “We support creators who want to take ownership of their assets and the contract.”
Rarible, the NFT marketplace that currently supports Ethereum, Polygon, Solana, Flow, and Tezos, has made its marketplace builder publicly available to the Polygon community.
Is your collection on @0xPolygon?
Starting TODAY you can use our free self-serve tool to build an on-brand community marketplace — without writing code. Plus no fees, custom royalties, and endless design possibilities. 👀
Try it today! 👇https://t.co/RdFfJqb43X
— Rarible (@rarible) January 18, 2023
Rarible’s new tool
The new tool, according to Rarible, will enable several customizable features, such as changing royalty percentages and will not require any coding.
To create the marketplace, you must link the collection account for which you are creating the marketplace. Next, select the collection for which you want to create the NFT marketplace. The last step is to fill out the form provided, after which the marketplace will be operational.
Some communities require unique features, numerous collections or other changes. For this reason, the team offers a “white glove” solution for marketplaces on all Rarible-compatible blockchain systems.
Rarible is an Ethereum-based platform that allows users to create, sell and buy ownership rights to virtual artwork using non-fungible tokens (NFTs). NFTs are unique cryptocurrencies that are used to tokenize unique assets, such as antiques and works of art.
Rarible is an app with several interesting features, such as the ability to mint your own collectibles.
Brands choose to have their own marketplace vs hosting a storefront on Amazon. Vertical DTC marketplaces allow to control user flow in a brand safe environment. Build your own with no-code tool from @Rarible now on @0xPolygon https://t.co/FQIeQRNXmc
— Alex Salnikov 🟡 Rarible (@insider0x) January 18, 2023
Since the integrated community marketplace displays aggregated orders, if collectors have their collections listed on other NFT marketplaces such as LooksRare, these orders will also appear on the community marketplace. Other platforms included in the aggregation are OpenSea, X2Y2, and Rarible.
Community marketplaces created with the Rarible builder will also support (in addition to Ethereum) the Polygon blockchain, known for its scalability, low cost, and speed.
The process will be simple and only take a few minutes; creators will have to log in to Rarible by connecting the wallet that hosts their collections, then navigate to the collection and select the “create marketplace” option. After that, a few simple actions will finalize the creation of the marketplace.
By creating a “personal” marketplace, NFT artists will be able to showcase their unique identity and distinguish themselves from other creators, something difficult to achieve on other NFT platforms.
There are many community marketplaces that have already been built using the Rarible builder, such as McFarlane Toys Digital, an NFT collection of McFarlane Toys, CryptoPunks V1, Pixel Vault and many others.
Other Rarible moves
It’s one more step by Rarible to enhance the creator experience.
Last October, the company focused on collectors by launching its NFT aggregator, which allows them to get the best NFT prices from various marketplaces while saving time.
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