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[lyra_bennett]

Launching a cross-chain NFT marketplace is not just enough. You have to implement the right monetization strategies to make your platform profitable in the market. To get more profits from your cross-chain NFT, you’ve to choose the best cross-chain NFT marketplace development company that implements different ways to earn. Let’s explore the top ways to earn from a cross-chain NFT marketplace.

Transaction fees are the basic way to generate income from your cross-chain NFT platform. Whenever a user buys or sells NFTs on your platform, you can earn a small percentage of the amount (usually <5%). Allow creators to mint NFTs on your platform and charge a commission as a minting fee. You can earn staking fees by allowing users to stake NFTs and earn rewards.

Earn through listing fees by letting creators promote their NFTs on the home page, trending section, or top of the search results. Offer premium monthly and yearly subscriptions to your users to let them access advanced analytics, bulk listing tools, and exclusive NFT drops. If your platform is widely popular, you can earn by promoting other crypto projects via display and video ads.