A white-label, NFT minting service that can be integrated into dApps and websites to facilitate and manage the minting and sale of NFTs on a large scale.
Different elements of NMKR can be integrated into dApps and websites through a set of APIs. This allows users to facilitate the sale of NFTs through their own platform where they have already curated a community, fan-base, or following. When creating their NFT collection a user has complete control over all aspects of an NFT's metadata, its policy ID, and a they can set multiple parameters on the purchase of their NFTs, including:
- Time-limited reservations
- Requiring that a particular NFT already exists in the purchasing wallet
- Requiring that a particular NFT does not already exists in the purchasing wallet
- Time periods with different prices
To help users create and manage their NFT collection(s), NMKR offers an intuitive dashboard through which they can view data points and track their NFTs. Through this dashboard users can:
- Create and manage multiple NFT collections
- View sales data over various time periods
- View transactions
- View the amount of revenue generated
- See how many NFTs are currently available, reserved, or sold
Many of these data points are available as easy-on-the-eye visualizations.
NMKR also offers a payment gateway, with multiple Cardano wallet integrations, allowing users to simply accept ADA as payment from buyers of their NFTs. ADA used to purchase NFTs can be sent straight to the wallet of the collection creator’s choosing, but NMKR fees and Cardano transaction fees are deducted first.
NMKR does require some technical knowledge to utilize it to its fullest extent, however a user doesn’t necessarily need to be a highly adept developer to use NMKR. At minimum a user should be able to utilize APIs, write scripts, and set up metadata to CIP25 standard.
Whilst there is this technical knowledge requirement to use the NMKR service to its fullest extent the protocol does take some -maybe foreign- technical aspects off the user's plate, namely interacting with the Cardano blockchain. The protocol also scales with heavy on-chain loads to ensure a smooth UX for buyers of a user's NFT collection.
Other Notable Features
Alongside the above described features the following are also present on the NMKR protocol:
Incorporating royalties into a collection per the proposed and widely recognized CIP27 standard
Minting NFTs ahead of drop time for the users to use as they wish e.g. promotional giveaways
A wide variety of file formats are accepted as content for NFTs in the following categories: images, audio, text, application, and video
A testnet functionality. This is used for soft launches of new features and users can test new and existing features on the testnet. (Note that testnet use requires a separate account)
A knowledge hub offering an in-depth walk-through of how a user can get the most out of the protocol
Fees for using the NMKR service vary by the quantity of NFTs minted through the service. Note that the counter resets each month and the user starts again at the most expensive tier. The first 5000 NFTs minted each month are charged at a cost of 2ADA each (plus Cardano transaction fees). Then the price per NFT incrementally decreases until the user has minted 100,000+ NFTs in a month, where the creators say to contact them regarding pricing.
NFTs are minted at the time of purchase by the buyer, and the user of the NMKR protocol is only charged when an NFT is minted. This means, for example, that if only 5 NFTs from a 10,000 NFT collection are minted then the user only pays the fees for minting those 5 NFTs.