What is a community marketplace?

  • Updated

A community marketplace is a customized NFT marketplace for a project’s collections which offers several advantages:

1. Foolproof revenue for your project.

The fees from each trade go directly to your project's treasury, benefitting your project and the community (instead of simply going into a centralized company's pocket).

2. Aggregated liquidity + enforced royalties.

On a community marketplace, royalties are paid on each sale. Even if the listing was aggregated from a marketplace that would allow users to circumvent royalties, should they trade via that marketplace's UI instead of your new platform.

3. No copycat scams + better navigation.

Your community is safe from copycat scam collections—and have a much better time navigating your project's NFTs.

4. Web3 freedom.

Your project no longer has to rely on centralized marketplaces that technically can delist your collection at any time, causing massive damage. Owning a community marketplace is a much more Web3-native experience.

5. On-brand shopping experience for your holders.

Your community feels at home and has an awesome, deeper experience trading NFTs on their new marketplace. Especially when it's designed with on-brand colors, font and other customizable elements.


Was this article helpful?

13 out of 17 found this helpful

Have more questions? Submit a request