As the digital world becomes more competitive, startups are striving for both perfect business plans and solutions. One of the growing businesses in the crypto market is Creating a Tokenization platform. But…
How to create a tokenization platform seamlessly at an affordable cost?
This can be made easy with the White Label Tokenization platform solution. A game-changer to kickstart a perfect crypto business career that lies within a startup’s budget. Think of it as a ready-to-roll blueprint that allows companies to tokenize assets without starting from scratch.
White Label tokenization platforms simplify the complex maze of blockchain technology into an easy-to-navigate path that enables businesses to focus on innovation, not reinvention.
Curious to know more about this exponential solution.
Then, scroll till the end.
What Is A White Label Tokenization Platform?
White Label Tokenization platform is a pre-built and ready-to-launch software where users can create, optimize, and manage tokenized assets effectively. Within the tokenization platform, users can convert their real-world assets into crypto tokens. As the tokenization market is expected to reach $13.2 billion by 2032, the demand for these platforms will skyrocket within 5 to 7 years.
Hence, initiating a tokenization platform development with a White Label Tokenization Platform will be an ideal choice for startups out there. Along with the essential features, plugins, and security mechanisms, the White Label tokenization platform can be customized depending on the business needs.
But…
What Is The Need To Choose A White Label Tokenization Platform?
Picking a White Label tokenization platform offers startups huge business benefits. Let’s explore them in detail.
-
Time-Efficient
As the White Label software is a pre-built model, it doesn’t take too long to complete the development process. When a platform is created from scratch it takes more time to complete the blockchain integration, testing, infrastructure designing, etc. However, the White Label software helps startups to launch their platform within 15 days to 3 months.
-
Cost-Effective
The White Label tokenization platform is a cost-effective way because a wide range of expenses are reduced. That includes,
- Hiring of skilled developers and technicians
- Infrastructure Designing
- Buying of Expensive Tools
- Testing Technologies
These factors are the reason for higher cost estimation. As these are reduced by buying a White Label tokenziation platform. Along with that, the White Label software enables ongoing support and maintenance for future enhancement of the platform.
-
Customization
As mentioned earlier, even though the White Label software is pre-developed, customizations can be done. With the help of the development team, the platform’s various optimizations can be enabled. Some of them are,
- Integrating different blockchain network
- Creating brand identity
- Feature adaptability
- Security feature enhancement
This helps startups to cope with the growing market trends and user needs.
-
Scalability
White Label software is designed with a higher scalability option where the platform can be scaled to the growing needs and requirements. This helps in accommodating increased token sales, crypto token creation, engagement, and user demands within the platform.
-
Reduced Risk
With the ready-made platform, the risks associated with creating a platform are drastically reduced. Significant risks including regulatory compliance issues, technical failures, security vulnerabilities, and compliance challenges are reduced. The White Label tokenization platform provider will also offer professional help and guidance even after the platform launch.
These are the wide range of business benefits associated with picking a White Label tokenization platform. As the White Label platform offers huge benefits, it suits aspiring startup’s new business.
Along with the business benefits, it is essential to get detailed knowledge about the features of the White Label tokenization platform. Explore the exponential features of the White Label tokenization platform in the upcoming section.
Key Features Of White Label Tokenization Platform
Features play a key role because they are the factors that catch the attention of users. The White Label tokenization platform comprises specialized features for both admin and user dashboards.
Admin Dashboard
- KYC/AML Compliance Tools – The admin of the platform will have the compliance tools for verifying the KYC (Know Your Customer) and AML (Anti-Money Laundering) for new users.
- Transaction Monitoring – Each transaction, engagement, and behavior of the crypto users can be displayed for the admin’s attention. This helps the platform admin to identify suspicious activity within the platform.
- Reporting & Analytics – Real-time analytics of the tokenization platform are displayed and insights regarding the transactions can be analyzed. Visual reports and metrics are displayed for better understanding.
- Audit Management – Regular auditing is done with specialized tools to avoid fraudulent activities, scams, and cyber threats. Through this, the platform’s security measures can be increased regularly.
- CMS Configuration – The tokenization platform’s CMS (Content Management System) can be modified, changed, and customized by the admin. This enhances the User interface for an effective user experience.
- Customer Support – The 24/7 customer support offers a help desk for user queries, issue tickets, etc.
User Dashboard
- Token Access – Crypto users who utilize the platform will have complete access to tokens. They can view, manage, and configure their tokens in the wallet account.
- Wallet Integration – The tokenization platform comes with the cryptocurrency wallet feature where users can connect their DeFi wallets to get access to creating tokens.
- Transaction Management – This feature lets users track their token transactions and transaction history. Users can also get real-time data and detailed information regarding the crypto tokens.
- Profile Settings – The token account can be modified with higher security features like 2FA (2-factor Authentication), biometric integration, etc. The theme, display, and push notification can also be modified.
- Ticket Raise – Users can raise tickets for transaction-related issues that may occur within the platform.
- Educational Tutorials – The tokenization platform comes with educational content in the form of blogs, podcasts, FAQs, and beginner tutorials. This helps new users to utilize the platform wisely.
- Investment Opportunities – New & highly preferred tokens, and tokenized asset details are entitled within the platform. This increases the investment opportunities for beginner-level users.
These are the essential features to be included in the tokenization platform. Each feature is designed based on usage, utilization, and importance. As this is a White Label software, the above-mentioned features can be modified or customized depending on the business needs.
Once the features are known, it is the right time to know about the development process of the tokenization process. Explore them in the next section.
Steps To Built A Tokenization Platform With White Label Software
The creation process of the tokenization platform is made easy with the White Label software. The essential steps to be followed are,
-
Roadmap Creation
The foremost step to be followed is the creation of a roadmap for the business plan. When the plan is organized, the platform can be created without any hassles. Market research and resource allotment can also be done in this process.
-
Adoption Of White Label Software
Analyzing the White Label tokenization platform helps to integrate other important features and further customizations. In this step, queries regarding the White Label software solution can also be discussed with the development team.
-
Software Customization
The White Label tokenization platform can be customized with new UI/UX design (Themes, display, logos, etc), technical infrastructure, integration of additional features, and other security mechanisms.
-
Testing
After the customizations, the tokenization platform has to undergo the quality assurance process. This helps to enhance the platform’s quality and working nature. Also, the technical errors, bugs, and glitches can be rectified.
-
Deployment
Finally, the tokenization platform can be deployed in the crypto market for work. Further ongoing maintenance and upgrades are given by the developers to update the tokenization platform.
These are the simple steps that are to be followed to create a tokenization platform with the help of White Label software. Now comes the important query, where to buy the White Label software.
The crypto market is flooded with thousands of White Label tokenization platform providers. But, only a few offer the best solutions at an affordable cost. One such development company is Coinsclone.
Why Choose Coinsclone For Adopting White Label Tokenization Platform?
Coinsclone is an exponential crypto token development company that offers you the best White Label software solution for tokenization platforms. We have helped many newbie startups achieve their dream crypto project by blending advanced-level technology within the White Label software. Our developer team offers you fully customizable platforms that align with your vision and mission in the crypto realm.
We also customize the UI/UX design, technical aspects, etc of the White Label tokenization platform seamlessly. Whether you’re looking to tokenize assets, create NFTs, or manage investments, Coinsclone’s White Label solution delivers the perfect combination of reliability, innovation, and flexibility to drive your success.
FAQ
-
How much does it cost to buy a White Label tokenization platform?
The average cost to buy a White Label Tokenization platform will be around $13,000 to $17,000. Based on the customizations, security feature modifications, and feature integration, the cost may vary.
-
How long does it take to build a Tokenization platform with the help of White Label software?
It takes nearly 15 days to 3 months to launch the tokenization platform with the White Label software. This is not the exact time to launch the platform, it may vary depending on various factors.
-
What type of real-world assets can be tokenized within the White Label tokenization platform?
A wide range of real-world assets including real estate, artworks, collectibles, rare items, intellectual property, Commodities, infrastructure projects, etc can be tokenized within the platform.