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The NFT marketplace faces significant challenges including high transaction fees, poor user experience, copyright infringement risks, limited creator expression tools, inadequate customer support, insufficient payment options, and vulnerability to cyber threats. These issues hinder user acquisition and platform growth.
NFT marketplace specializing in rare digital collectibles with a focus on creator engagement and secure transactions
Implementation will reduce transaction costs by 40%, increase user retention through improved UX, enable 200% growth in creator onboarding, and establish platform trust through enhanced security measures. The solution will position the marketplace as a top-5 NFT platform for rare collectibles within 18 months.