Original title: Inventory of the past, present and future of NFT transactions
Original Author: Vivian
How can the NFT aggregation platform promote the development of the industry?
As early as 2016-2018, the first batch of NFT trading markets represented by OpenSea, MakersPlace, and SuperRare emerged. At that time, some trading platforms used an invitation system, and only invited artists could create and distribute. With the development of the market, more and more NFT trading platforms have entered everyones field of vision. These platforms have incorporated more financial gameplay and elements, including the NFT AMM market, decentralized market, lease and pledge market, etc. In this article, we will explore the development of NFT trading platforms and how to use the 4F model to evaluate a good trading platform.
development path
To some extent, the NFT trading platform reflects the hot changes in the entire NFT market. At the beginning of 2021, through social media to amplify discourse dissemination and artist focus effects, auctions such as Beeples high-priced NFT works have become market hotspots. At that time, NFT often revolved around art and artists, and most trading platforms would only select and invite well-known creators to create 1/1 artworks.
NFT itself also has the style represented by street artists such as Banksy, repeated pasted pictorials, exaggerated strokes, oncoming cultural shock, and most importantly-personality, in other words, identity.
Although we cant paint the entire wall in the streets and alleys of Los Angeles, we can spread the culture we identify with to the entire network through meme. The graffiti on the street corner may be covered with white paint by the police the next day, and the NFT stored on IPFS will always be there.
Therefore, NFT does not stop at the art single product transaction itself, but conducts transactions in a collective way, and meme gradually becomes a community and a brand. From this, we can see that OpenSea far surpassed other trading platforms in the same period in 2016-18. At the same time, due to the popularity of NFT transactions, many other trading markets have also been born.
But since then, the NFT market has undergone a new evolution. There will always be opportunities under hot spots, and the NFT market also has a herd effect. FOMO, FUD and a series of slang words in the circle came into being. In addition to community and communication attributes, NFT is also an asset. Many people have found an opportunity to make money by taking white and Flip NFT. Therefore, a series of data analysis tools have appeared on the market, such as NFTGo.io, rarity.tools, etc. These tools not only increase the chances of winning for buying and selling NFT, but also create new paradigms and gameplay in the market.
Changes in the needs of users in the market have also changed, for example, how to find the lowest quotation in all large and small trading markets? How to choose the most valuable NFT? The NFT trading market has also shifted from version 1.0 to version 2.0—an NFT platform that combines data analysis and aggregated transactions.
Why NFT Aggregation Platforms Matter
Google aggregates content from websites, Facebook aggregates social relationships, and DEX aggregates different liquidity mining models. Aggregators can not only help users capture more of the value of the blockchain era, but are also an integral part of the NFT ecosystem.
Generally speaking, NFTs are mainly created on various chains such as Ethereum, Flow, and BSC, and each chain has an isolated protocol ecosystem. At the same time, various trading markets are currently emerging. Although these markets provide a variety of NFT services, they will bring certain challenges when trading and finding NFT information. On the one hand, newcomers may not know how to find the best market, and professional traders may want to find the best s price. On the other hand, different markets have different interfaces, which also increases the learning cost for users.
Imagine that you want to search for the best offers for popular NFT projects in the market, and you may need to switch between different markets to view all NFTs. Or if you are an investor and want to see all the latest data and various indicators for the NFT market. Because NFT information is so scattered, it can take minutes to get data that should be found in seconds.
For those unfamiliar with NFTs, they often spend a lot of time searching for content, only to end up with nothing useful. Therefore, a professional NFT aggregator is very important.
The NFT aggregator is to gather all kinds of NFT transaction information on the major chains in one place, saving users time and improving efficiency, so as to achieve a better transaction experience.
Through NFTGos one-stop NFT aggregation service, users only need to open a webpage to get an overview of the NFT market, understand the latest fashion trends, find, search and trade everything about NFT.
4F Evaluation Model
There are several aspects to measure a good NFT trading market, which we call the 4F model, namely Fluency, Fees, Function and Finance.
Fluency refers to the smoothness of transaction and user experience, whether you can buy the desired NFT with one click, whether there is a clear interactive interface and user logic, and whether there is a visualization function. NFTGo.io has a full-featured search engine that supports users to search for NFTs using metadata and even natural language. The powerful search algorithm and sorting logic greatly improve the efficiency of users information collection and enrich the presentation dimensions of search results. At the same time, users can sweep the floor in batches, and the secure transaction mode can prevent attacks and waste Gas fees.
Function refers to whether the function is comprehensive and meets the requirements. For example, is there a Filter function that allows users to quickly find the traits and conditions they want. At the same time, the product can help users analyze and compare the current quotations of different trading platforms, and then choose the lowest price, and add the NFT they want to buy to the shopping cart for purchase. Users can not only see the prices on various trading platforms, but also find the lowest offer. You can also buy NFT in batches, and at the same time be able to understand the current NFT data or market.
Fees refers to transaction fees. As we all know, in addition to the price itself, there are royalties and handling fees when purchasing NFT. Is it possible to save gas fees, or can get quotes from multiple markets, so that users can get the best price.
epilogue
epilogue
To sum up, the NFT aggregation platform centralizes NFT information into one place, and users can optimize their purchasing experience. Without the use of an aggregator, users must individually visit each NFT exchange, register information, and view each exchanges respective NFT. Whether it is for enthusiasts who want to get started in the NFT world, or for analysis experts in the NFT field, NFT aggregation transactions will open a door to the future of NFT for users.
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