FTNFT is an Armenian NFT marketplace that utilizes blockchain technology for the creation, buying, and selling of NFTs, connecting artists with collectors in the digital market.
It offers a secure, transparent NFT marketplace that connects artists, creators, and collectors in the digital art ecosystem.
FTNFT empowers artists globally by offering advanced tools and resources to showcase and monetize their work.
It offers collectors a secure platform to explore and invest in diverse exclusive digital assets with full transparency.
As an innovator, FTNFT leads the digital art revolution, promoting creativity and collaboration in the global art community.
The integration of Bagisto development services boosted their online presence, offering tailored features and functionalities to enhance their digital operations.
Understanding the Armenian NFT Market
The Armenian NFT sector is rapidly evolving, fueled by the increasing adoption of blockchain technology and the global shift towards digital assets.
Statista projects that the NFT market in Armenia will generate a revenue of US$14.4K in 2024.
This sector offers platforms for artists, creators, and collectors to create, sell, and acquire NFTs in a decentralized marketplace.
Armenian NFT marketplaces provide solutions for creators to showcase their digital art globally, benefiting from blockchain technology transparency and security.
As the sector grows, it shapes digital ownership and positions Armenia in the NFT ecosystem.
The Armenia Digital Ecosystem Country Assessment (DECA) highlights significant growth within the country’s digital landscape.
It highlights the rapid digital shift in Armenia’s financial sector, driven by digital payments and e-commerce growth.
The assessment also points to a flourishing digital ecosystem, supported by government initiatives aimed at enhancing digital services and infrastructure.
Overall, Armenia’s digital economy is expanding, reflecting the country’s commitment to embracing technology and improving access to digital assets.
How FTNFT Established an Online Marketplace with Bagisto
Bagisto is an open-source e-commerce platform based on Laravel that shapes and specifies the features and configurations of webpages.
The client wanted a multi-vendor marketplace that was easy to set up, simple for vendors without technical skills, and helped them go online quickly and start selling.
FTNFT enhanced its online visibility through the customized features and capabilities provided by Bagisto.
Let’s review the features and specifications of the Bagisto Multi-Vendor Marketplace to see how they enhance eCommerce
Bagisto Multi Vendor Marketplace extension turns your Bagisto store into a multi-vendor platform allowing multiple sellers to list their products under a single storefront.
Sign-up Option for seller
By enabling vendor registration and NFT listings, the FTNFT Marketplace expands its offerings to cater to diverse customer preferences.
With a vendor registration feature, the FTNFT marketplace can grow faster by efficiently onboarding new vendors and their digital asset catalogs.
A vendor signup option creates a diverse community of sellers, encouraging healthy competition among them.
Diverse Products Range
The Bagisto Multi-Vendor Marketplace catalog system enabled FTNFT to showcase all digital assets under one unified platform.
This system streamlined NFT display while giving vendors the flexibility to list a wide range of digital assets to meet various customer needs.
It broadens the product range, encouraging diverse offerings and driving innovation among sellers.
By unifying all assets, FTNFT ensures a smooth and organized shopping experience.
The product page offers key details on seller name, features, value, digital asset types, and pricing, helping customers make informed decisions
Additionally, including relevant keywords in product descriptions helps online NFT marketplaces achieve higher search engine rankings.
Smooth Checkout Process
A seamless checkout process allows customers to select any seller with ease, removing barriers and encouraging faster purchases.
By removing unnecessary steps and limiting form fields, customers can easily complete their purchases quickly.
This flexibility provided by Bagisto’s multi-vendor marketplace extension helps drive impulse buying, ultimately boosting sales.
Ending Notes
Bagisto Multi Vendor Marketplace helped FTNFT build a strong presence in Armenia’s NFT industry.
Vendors benefit from Bagisto’s reliable platform, meeting all their needs and supporting FTNFT’s growth.
Bagisto’s features also boosted FTNFT’s brand image, providing the tools needed for an NFT marketplace.
Explore more Bagisto extensions to enhance your online visibility and achieve the revenue your business deserves.
Also, you can hire laravel developers to bring your eCommerce business goals to life.