Why is the NFT marketplace business model important for businesses?

[Petersonk]

NFT marketplace is a lucrative business in this modern era. There are millions of collectibles available in the marketplace for trading. A vast number of collectibles from art, music, real estate, gaming, and fashion are getting listed on the platforms, which creates a buzz among entrepreneurs, and they started digging for a way to earn from it and decided to invest in the platform development to make a profit through the revenue module.
But developing an NFT marketplace isn’t an easy thing; it involves several factors to be considered. These need a proper plan, market research, and a business model to execute a successful platform for your reference I have listed some of them
1. NFT Marketplace Value Propositions
2. Customer Segments and their geolocations
3. Customer Relationships in the NFT Marketplace Business Model
4. Infrastructure aspect – Things You Need to Focus on!
5. Key Activity: Where to focus on?
6. Key Partnerships: Whom to Collaborate?
7. Financial wise – Know Your Revenue and Expenses
8. NFT Marketplace Revenue Streams
9. Cost Structure of your NFT Marketplace Business Model
These may enlighten your thoughts, If you want to know more, take a look at this InnBlockchain Academy blog to gain detailed insights and ideas for the NFT marketplace business model and reach new heights.

[Francis Ramirez]

Low-tax jurisdictions
Jurisdictions and countries offering a low-tax regime to domiciled and/or foreign companies are most commonly referred to as tax havens. Generally speaking, a tax haven is a jurisdiction in which taxes are either applied at a low rate or not at all. Well-known examples include Panama, Belize, the Seychelles, the Cayman Islands, the Isle of Man and Hong Kong. Very often, such territories are also called offshores, with companies registered under these jurisdictions described as offshore companies.

An offshore company (also called an international company) is a company established in order to operate and perform business activities outside the jurisdiction in which it was officially incorporated, as well as outside (or off the shores of) the place of residence of its directors, shareholders and beneficial owners, which may be crucial for tax planning in certain legal systems. Usually, an offshore company is established in order to receive certain legal or tax benefits, to allow for a particular corporate structure or to protect the beneficial owner’s and/or asset holder’s privacy.

It is widely recognised that in the modern, dynamic business environment, with most countries collaborating to create an intergovernmental tax-monitoring system, it is becoming more and more difficult to achieve your corporate and personal goals. Low-tax jurisdictions provide the perfect environment and the right tools to create a unique, functional corporate structure that suits your needs. Confidus Solutions will provide you with the most efficient solution, tailored just for you.