What is the White Label solution and how does it help intermediation companies?
The white label crypto launchpad model is considered one of the most used methods by several companies in the world. As a general rule, it involves the sale of services or products created by another company through a new brand. There is no doubt that adoption of this strategy is most widespread these days among companies with huge consumer bases and well-established brands.
In general, this model is used by companies that do not have the necessary resources to develop their own products or solutions. This model allows companies to leverage the experience of others. By having professional experience in their own business, companies want to avoid getting involved in an area they don’t understand. The integration of White Label solutions is usually relatively simple, so you can start working comfortably from the beginning. While the system is implemented under the White Label model, there will be no need to hire programmers to develop the website or other elements.
By using the White Label solution, your team members will be able to focus on other essential tasks, without getting distracted by irrelevant topics such as updating products or solving unnecessary problems.
The White Label model is a great way to get your product to market in the shortest time possible, its other main advantage is its affordability. Compared to launching your own product, the costs associated with purchasing such a solution are significantly lower, including everything from software to hiring employees in different departments to ensure optimal operation. You are also sure to be more successful because you will have more time and energy to devote to sales.
Application areas of White Label solutions
There are various areas where a White Label model can be used. The simplicity, speed of implementation, and relatively low cost of using these types of solutions have increased the popularity of this technology. Below mentioned are the main uses of white label solutions in different industries.
Electronic payment services
Companies are adopting new payment methods and introducing innovative solutions in the field of electronic payment systems into their arsenal.
Digital currency exchange services and crypto services
This area is one of the most popular today for the use of White Label solutions. This is mainly due to the rapid development of blockchain technology, which has become the basis for the creation of countless projects in many different categories, including NFTs, GameFi, Metaverse, DeFi, Web 3.0, and others. Taking into account the wide range of applications of this technology, every day more and more companies begin to use cryptocurrencies in their needs, which gives rise to the need to develop special services and tools designed to provide a reliable environment for working with crypto assets.
The NFT sphere
Today, the NFT market is one of the most significant and largest in the crypto industry, as it provides access to new technology designed to change the perception of electronic art and expand the scope of understanding of the technology behind it. of the creation of electronic art objects. Numerous companies are already using blockchain technology and non-fungible tokens to build entire marketplaces where digital artwork is exchanged.
SaaS tools
A SaaS service is a cloud-based service that can be used online without requiring prior installation on your computer or mobile device. The main difference between SaaS as a business model is that the owner of the service is fully responsible for its updating, maintenance and management. Users do not need to download software, install and update it in order to use the functionality of the platform.
Electronic trading in financial markets
Electronic currency trading, being one of the most popular investment methods today, gives access to financial markets of various types with the aim of making a profit. In this sense, multifunctional systems and platforms are being developed that allow not only access to the trading of financial instruments, but also an in-depth analysis of any asset using a wide range of tools, charts, signals and other resources necessary for successful negotiation.