7 Nft Marketplace App Business Success Stories [2024]

Updated: November 19th, 2023
Start A Nft Marketplace App Business

Here are some real life success stories of starting a NFT marketplace app business:

1. RMRK ($360K/year)

Bruno, a former web developer, noticed the NFT craze in 2020 and saw an opportunity for Kusama to participate. Despite Kusama lacking smart contracts, Bruno devised a hack called RMRK to bring NFTs to the platform. With an investment of $350k, Bruno launched RMRK and its NFT system, which now generates $1 million in monthly volume and $30k in revenue per month.

How much they make: $360K/year
How much did it cost to start: $350K
Current team size: 18

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How We Accidentally Built The Most Advanced NFT System In The World

RMRK developed the most advanced NFT system in the world, generating $1 million per month in volume and $30k per month in revenue, due to founder Bruno's hack to put NFTs onto a chain without smart contracts.

About
Bruno started RMRK about 3 years ago
Revenue
Bruno grew the business to $30K/month
Costs
It cost Bruno $350000 to start the business
Read by 9,737 founders

2. Lemmings

Welcome to Medium, a place where words matter. Medium taps into the brains of the world’s most insightful writers, thinkers, and storytellers to bring you the smartest takes on topics that matter. So whatever your interest, you can always find fresh thinking and unique perspectives.

Where they're located: Kannavia, Cyprus

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So... can you actually make money with a NFT marketplace app business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

4. Tumblr

Tumblr is a place to express yourself, discover yourself, and bond over the stuff you love. It's where your interests connect you with your people.

Where they're located: Nashville, Tennessee, USA
Website traffic: 328M/month

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5. Binance

As of January 2018, Binance was the largest cryptocurrency exchange in the world in terms of trading volume.

Binance was founded by Changpeng Zhao, a developer who had previously created high-frequency trading software.

article

So... can you actually make money with a NFT marketplace app business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now