NFT Marketplace Royalties: A Definite Guide On How It Works

3 minutes read NFT Marketplace Royalties are the crypto payments (typically a percentage of the sale price) given to the original NFT creators each time digital assets are sold on a marketplace. Generally, the NFT royalties may range from 2,5% to 10%, but it varies based on the percentage set by NFT creators themselves. The question might arise whether NFT royalties are […]

What are ICO, IDO, IEO

What are ICO, IDO and IEO? 

3 minutes read When it comes to creating innovative ways to kickstart projects and raise capital, the crypto community has been incredibly innovative, creating 3 main methods to boost funds: ICO, IDO, and IEO. The 3 abbreviations are some of the most familiar terms in the crypto world as they all refer to fundraising blockchain platforms. Although ICO, […]

ICOs vs STOs: Analysis And Comparison

STOs And ICOs: Analysis and Comparison

3 minutes read Many have known that influential firms such as Tesla, Mastercard, BNY Mellon have embraced cryptocurrency, with some creating their own financial token. This is enough to show that the booming token market will only attract more and more attention. With these tokens come ICOs (Initial Coin Offerings) and STOs (Security Token Offerings), which are digital […]

NFT Marketplace Business Model: How does it work?

NFT Marketplace Business Model: How Does It Work?

5 minutes read “How do NFT Marketplaces make money?” you might ask. Imagine that you want to develop the NFT Marketplace as you have considered this as the trending business model in the crypto work. Yet, you are not sure which types of NFT Marketplace Business Model to go for?   If the answer is yes, this blog […]

How To Estimate NFT Marketplace Development Cost

How To Estimate NFT Marketplace Development Cost

4 minutes read “How much does it cost to build an NFT marketplace?”, “What is the cost of building NFT marketplace development?” are some of the intriguing yet interesting questions you might ask. Unfortunately, there have not been any fixed answers, as the cost might vary based on various factors. Based on our own experience and previous projects […]

Top 8 Must-have NFT Marketplace Features That You Need To Know

Top 8 Must-have NFT Marketplace Features That You Need To Know

4 minutes read Defining must-have NFT marketplace features is the indispensable yet hardest part of building an NFT marketplace, as you need to find a suitable feature set to satisfy your user’s needs.  Synodus has already done thorough competitor analyses for clients and noticed that most of the popular NFT marketplaces have several irreplaceable features. Below, we listed them. Please […]

Blockchain Developer Salaries Around The World - 2023 Edition

Blockchain Developer Salaries Around The World [2023 Edition]

6 minutes read Are you curious to know about the average blockchain developer salaries around the world?especially when it is evident that there is a rising demand for blockchain-related jobs? According to Glassdoor, the average base salary for a blockchain developer in the U.S is $89,932 per year. However, the salaries might vary and differ based on locations, […]