NFT STAKING PLATFORM DEVELOPMENT
What is an NFT Staking Platform?
NFT Staking Platforms are in high demand alongside the NFT marketplaces and are the basis for a variety of NFT-based services. They are rich in its features and also make people believe in the platform they stake in.
NFT staking refers to locking up non-fungible tokens on a platform or protocol in exchange for staking rewards and other benefits. Staking NFTs permits holders to earn an income from their collection while maintaining ownership. NFT staking opens up a new chance for collectors to monetize their NFT collections.
NFT staking refers to locking up non-fungible tokens on a platform or protocol in exchange for staking rewards and other benefits. Staking NFTs permits holders to earn an income from their collection while maintaining ownership. NFT staking opens up a new chance for collectors to monetize their NFT collections.
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Features of NFT Staking Platforms
API Integration
To enhance efficiency and speed up the process, third-party payment gateways and wallets can be integrated with the staking platform.
Rewards Calculator
Rewards for the staking assets can be calculated on the level of inflation, the duration of staking assets, and the type of asset staked on the platform.
Exclusive Add-ons
Integration of attractive features such as impressive icons and UI / UX to automatically create a platform and gain more attention in the NFT community.
Payouts
It gives a clear picture of how they will receive their share of the rewards to the people. It also shows activity history to trace their past actions.
List of Supported Assets and Protection
Protocols, and firewalls withstand any security breaches. Security is a reassuring factor when choosing an NFT platform for staking.
Top NFT Staking Platforms
NFTX
The NFTX platform allows users to create ERC20 tokens supported by NFT collections. Here, users deposit NFTs into the NFTX vault, which produces the ERC20 token that is composable and fungible at a ratio of 1:1.
BAND NFT's
It's an NFT market where users may buy music NFT's and stake them in royalty pools to get a share of the revenue earned by their songs or albums.
Polychain Monsters
Polychain Monsters is a blockchain-based platform for animated collectible NFTs known as Polymon, which are acquired through digital booster packs.
Doge Capital
Doge Capital is a collection of 5000-pixel art NFTs that were minted on the Solana Blockchain. They are available for purchase in any Solana marketplace. Doge Capital has a staking scheme that rewards NFT holders with daily DAWG tokens.
Splinterlands
Splinterlands is a blockchain-based collectible card game similar to Hearthstone in which players collect and use cards with varied abilities and stats. Here, SPS (short for "Splintershards"), the traditional coin of the game, is listed as DAO in Binance Smart Chain (BSC). Users can use their SPS tokens to bet on players in ranked battles, liquidity pools, and the DAO governance voting pool.
Top NFT Games That Support NFT Staking
1- Axie Infinity
2- Splinter lands
3- MOBOX
Benefits of NFT Staking Platform
Staking Rewards
Based on the rarity of the NFT being staked, the NFT staking platform offers owners a unique set of prizes and idle earnings.
Airdrops
Users are provided with random and unique airdrops to attract new users to the platform. However, it encourages the user to try the NFT staking platform while gaining pre-existing benefits.
Incentives
As long as the NFT is staked and remains staked in the staking platform, the NFT staking user receives a steady stream of rewards.
Transparency
The NFT staking platform is completely open to the public, and this openness promotes confidence between the platform's owner and its users.
Why Choose Us for NFT Staking Platform Development?
NFT’s staking platform offers features that are very different from any other platform. Being the most reputed NFT staking development company, Mobiloitte owns several years of experience in NFT staking development. We offer our development services on various blockchain networks such as Ethereum, Binance smart chain(BSC), Polygon, Solana, and Cardano.