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NFTA

Web 3 SaaS platform for NFT Monetisation

Australia
Market: Other, Blockchain, Crypto currency, Virtual and Augmented Reality
Stage of the project: Operating business

Date of last change: 31.03.2023
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Idea

NFTA is revolutionizing e-commerce by providing a Web3 SaaS platform for NFT monetization and merchandising. NFTA removes the barriers to entry for Fashion, Web3, e-commerce and Metaverse all in one!

Current Status

- Deployed Multichain NFT Marketplace and 0 code minting dapp deployment ecosystem (MaaS)
- Partnered with over 40 Large NFT Projects for official merch supply and Ecosystem partners including Polygon, Hepton chain, TCG Metaverse, Envelop Protocol and more!
- Partnered with Multiple POD companies to Supply NFT stock imaging for their customers and ecosystem.
- $50,000 + in revenue since September 2022, from ecosystem services including NFTA-built NFT deployments, Marketplace fees and Merchandising.
- Joined Two VCs/Accelerators in Q4 2022 with GSD Labs and Faculty Group!

Problem or Opportunity

Billions of Dollars of Digital Art NFTs sit un-monetized every day! The Barriers to entry for Fashion, Web 3, NFTs and Metaverse is also very high!

As opposed to other ecosystems, we don’t just facilitate the multi-billion dollar resale market of Digital assets but also cater to providing utility to those assets so that projects and holders can monetize their ownership.

We also remove Barriers to entry for Web 3 and Fashion by providing 0 code solutions to creating, monetizing and distributing digital and physical assets.

Solution (product or service)

NFTA is a Web3 SaaS e-commerce platform for NFT monetization and merchandising. Print on demand Companies and fashion brands gain access to NFT digital artwork and redistribution rights. While NFT projects can create instant physical brands around their projects and artwork.

Competitors

Current NFT Marketplaces such as Opensea are competitors with in the NFT resale space and Some big fashion brands such as Nike and Gucci have dabbled in NFT's previously.

Advantages or differentiators

As opposed to other ecosystems, we don’t just facilitate the multi-billion dollar resale market of Digital assets but also cater to providing utility to those assets so that projects and holders can monetize their ownership.

Business model

NFTA earns revenue through multiple streams. we are both B2B and B2C
- Our NFT Marketplace has a 2% platform fee on every transaction.
- We make revenue from supplying our NFT partners and individuals with Merchandise
- We gain revenue from fees on mint for our 0 Code solution MaaS
- We earn the majority of Net Profit on any use/sale of an NFT through our ecosystem.
- We also have a package structure for fixed fees to provide design and creation services to existing NFT projects and new Artists.

Money will be spent on

Future development scaling.
We will be building out our Metaverse presence enabling all of our real-world products to also be wearable or usable within the Metaverse.

We will also be implementing our own blockchain to enable gasless deployments for all new NFT projects and artists onboarded through our 0 code Minting as a Service (MaaS) ecosystem.

We will also be increasing our Marketing drive to push for a huge uptake in brand awareness in 2023 for our suite of products including NFT Apparel and the MaaS ecosystem.

Incubation/Acceleration programs accomplishment

GSD Labs/GSD Ventures
Currently working with Faculty Group as well.

Invention/Patent

Patent 2021903625
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