The initial concept and idea of NFTmall have developed some time ago in Mid 2020, as I have been a crypto investor and researcher and was researching existing NFTmarketplaces and their limitations. I came to realise that monopolies and international entities were taking advantage of creators/Artists for many years by creating a huge barrier to entry! For example, traditionally, Artists have to physically produce a piece of artwork, get it accepted by a gallery, promote the exhibition and sell it.
Also, in the case of a verification test, the authenticity of an Art is determined by an Art expert panel by carrying out costly tests! This complex process involves a considerable barrier of entry and hinders creativity; as a result, creators often don’t get enough exposure and have to market their work instead of focusing on creation. The traditional approach hinders creators, but it also hinders creativity in general since younger artists may not afford the entry requirement to use the various platforms.