How to Find the Right Buyer for Your NFT
10 August 2022 - 6:23AM
NEWSBTC
Despite the recent downturn in the cryptocurrency market and NFTs,
the use-cases for NFTs are constantly expanding. NFTs are here to
stay, and with the current diminishing prices, it signals a good
buying opportunity for investors. But with NFTs being a new
technology, buyers and sellers are still facing difficulties
because most platforms make it very hard to find the right NFTs. A
company called LUDO is currently developing its own platform to
simplify the user experience in the near future. Today, with no
optimization or aggregation on marketplaces, organic exposure, SEO,
or proper advertising, it is tough to find the right NFTs. But with
the tools Ludo is developing for the space, they will change all of
that. NFTs have become immensely popular in the last two years,
recording a 200x surge in trading volume to reach $21.5 billion by
late 2021. However, such growth has also led to a saturation in the
market. The NFT space has become so massive and crowded that
discovering promising projects is like finding a needle in a
haystack. Leading NFT marketplaces like OpenSea and Rarible have
successfully connected buyers and sellers, but, at the same time,
their scope is mostly limited to front pages and promotions. This
creates a gap, especially because existing NFT marketplaces are
seldom creator-friendly. Most NFT marketplaces focus on high
trading volumes above everything else, including customer turnover.
But while ‘trending’ projects get much push from the platform’s
algorithm, others remain undiscoverable. Therefore, with no search
option helping buyers easily find projects they like, it is
virtually impossible to find smaller projects that are not in the
top 100. At the same time, creators find it difficult to sell their
NFTs unless they are super trendy or have a massive marketing
budget. Everything would be different if there was a
‘explore’ section helping buyers find projects according to their
tastes and interests. This would also significantly empower
creators, increasing their chances of a sale. This is where Ludo
comes in. LUDO, An All-In-One NFT Platform Ludo is a data-driven
metasearch engine aggregator that feeds user data to help NFT
collections achieve maximum discoverability. With a set of
profiling tools and features that help unique projects stand out
from the crowd and reach buyers with similar interests. Users enjoy
a metaverse experience tailored to their needs based on a
proprietary AI-based profiling algorithm or connecting their
digital wallets. One could think of Ludo as being the new optimizer
for the space, in the same way, Google optimizes ads and search
functions according to the users’ profiles. Ludo is an app store
that recommends similar apps to users who have a liking for them,
this could be NFTs, metaverse collectibles, and other non-fungible
items. This can help creators like you get the best value for all
kinds of NFTs without relying on viral marketing alone. In
conclusion, marketplaces like Opensea are platforms where ANY buyer
could buy from ANY seller. This leads to saturation and
discoverability problems for creators. However, Ludo is a tool that
would help connect the RIGHT buyers to the RIGHT sellers based on
user profile data and preferences, opening new exciting
opportunities for both.
Bitcoin (COIN:BTCUSD)
Historical Stock Chart
Von Mär 2024 bis Apr 2024
Bitcoin (COIN:BTCUSD)
Historical Stock Chart
Von Apr 2023 bis Apr 2024