Execute fundraising campaigns by using NFT Development Services
Non-Fungible Tokens (NFTs) are undoubtedly the buzz in the market now. The power of crypto collectibles is reflected by its high trading volume of $6.83 billion as per CoinMarketCap. Similar to how companies and startups raise funds from investors via an Initial Public Offering (IPO), NFTs are now the big thing in Initial Coin Offering (ICO). Entrepreneurs can financially support their venture by attracting both institutional and retail investors. They can approach an NFT development company and make a huge impact in the market.
What are the different services offered for NFT based ICO development?
Conducting AML and KYC verification of investors - Crypto enthusiasts can participate in a fundraising campaign only after undergoing Anti-Money Laundering (AML) verification. An NFT development company will automatically analyze the financial background and transaction history of each investor.
Likewise, interested investors will be subject to Know Your Customer (KYC) checks. They will have to submit data such as their date of birth, email address, government-authorized ID proof, and name.
Implementing airdrop programs - The NFT based ICO development can become popular in no time by distributing free tokens. An NFT development company will assist in conducting large-scale airdrop programs. A small group of investors will receive lucrative crypto collectibles without paying any cost.
Preparation of press releases and whitepapers - Entrepreneurs can hire well-versed writers to publish informative press releases. It contains all details of the project (benefits for investors, business objectives, fundraising amount, and target audience).
As part of NFT development services, cryptopreneurs can get an insightful whitepaper. It contains data about deadlines for raising funds, hard cap, soft cap, and the total number of tokens.
Wrapping Up
Many ambitious projects are opting for NFT-based ICOs to expand their business operations. It is a decentralized and transparent option for fundraising. Moreover, an NFT development company will help in the listing of digital collectibles on the leading crypto exchanges and DeFi platforms. This will lead to more trust in the minds of prospective investors.
Hence, become a strong player in the crypto era by kickstarting NFT based development now.

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