The NFT MarketPlace
Create Store Sell
Early Investor Funding Round Closes 31st January 2023
Update "On 3rd April 2024, the companies legal counsel recieved an email stating that their 'Secondary Review' of the corporate action application will be completed shortly. The legal advisors believe this means next week."
About
The road map is to create the world’s first publicly listed marketplace for buying, selling, trading and storing NFTs.
Our advanced blockchain payment mechanism will allow purchases to be made via mainstream crypto currency, fiat payments and our own DAO Governance Token.
We are building the modern day eBay and Paypal for Non-Fungible Tokens (NFT's) using Blockchain protocols with market penetrative though social influence.
An NFT is unique and cannot be replicated, replaced, or split into parts. For example if you lend someone £10, it doesn't matter if you get the same bill back. You just need £10!
But when it comes to collectible coins, each of which is unique and has its own value, the situation changes dramatically. An NFT is this unique coin, one of a kind.
Services
MINTING
Make, Store and Send your own NFT
MARKETPLACE
Buy 1000's of unique NFT's from our Marketplace
SELL
Sell your NFT to our community and anyone/anywhere in the world.
Timeline
STEP 1
- Scoping the business requirements
07/16/2021STEP 2
Evaluating the feasibility of the requirements
10/21/2021STEP 3
Coming up with an action plan
11/27/2021STEP 4
Framing a robust architecture
01/08/2022STEP 5
Designing the visuals and the user interface
03/10/2022STEP 6
Bringing the Application to life through designing and coding
05/04/2022STEP 7
Integrating third-party apps
08/15/2022STEP 8
Adding analytical features and additional tools
10/07/2022STEP 9
Quality assurance and Testing Process
11/23/2022STEP 10
Launching the platform
04/30/2024Contact
- United Kingdom
- 20-22 Wenlock Road London N17GU
Updates
Q4 Mid Update
I hope you are well. We are now over halfway through Q4 and I felt it appropriate to update you on things as we approach listing on the NASDAQ OTC as 'NFTM' I am delighted to announce the appointment of BAF as our beta developers/testers and future coders for The NFT Marketplace Ltd. BAF have worked on Blockchain projects for large PLC's namely Shell, Macdonalds and Tai Lopez's Radio Shack. This commercial relationship will ensure The NFT Marketplace is able to speed up its 2023 revenue opportunities as we roll out our software to 3rd parties during Q1 2023 with the security that all beta versions have been fully tested. We will shortly be closing this Investment Opportunity with a target 5x Capital uplift the target for initial Shareholders. Initial shares are £10,000 each with a maximum 10 shares available per investor. Please feel free to reply to this email for further information. Many thanks Ben Quick CEO and Director The NFT Marketplace Ltd
Read MoreQ2 Update
We have now completed Q2 pre listing (October 2022). The final items have now been returned via the company Lawyers(see below). Q3 will now see a 'quiet period' with some 6 to 12 weeks whilst we wait on regulatory checking by FINRA. I reviewed the Annual Report (Nov 2021) and Quarterly report (Feb 2022) and the changes below should be made. Also, we will need to post Q2 (May 2022) disclosure in order to bring BABL current with OTC. For Annual Report (November 30, 2021)- section 3-Issuance History Table- Under Exemption or registration type, I entered 4(a)(2). Attached is the updated Annual disclosure for BABL. Now Submitted. For Q1 2022 (February 2022)- Please change the exemption or registration type to 4(a)(2), update the dates on page 9, and for the stockholder’s equity section in the balance sheet, please change the date to issued as of 2/28/2022. Also, for the statement of stockholder’s table, OTC likes to see reporting going back 2 fiscal years. So going forward it would be good if you could add balance as of 11/30/2020 as well. Now Submitted. Q2 2022 (May 2022)- We will need to upload Q2 2022 OTC disclosure and financials in order to bring BABL current. Same thing as previous reports. List 4(a)(2) for the exemption type in the table and for the stockholder’s equity section in the balance sheet list the date issued as of 5/31/2022. Now Submitted. Ben Quick CEO
Read MoreQ3 Update
Operations During Q3 further Beta testing was required with the platform rolled out to 100 post graduates to test and feedback. This feedback/data is now being reviewed. The additions and amendments required are now being coded during Oct/Nov 2022. Target launch date Dec 2022. Brand relationships have now been agreed. This will endure the marketing's costs month 1-3 are controlled as the platform increases its customer base. Market The process has entered its 'quiet period' as the regulator permits its checks on the companies application. The shell is now live on the pinks. Many thanks for your support. Ben Quick CEO The NFT Marketplace Ltd
Read MoreQ1 2023 UPDATE
Latest News Thenftmarketplace.io can confirm it's FIAT payment gateway to allow payments via Credit/Debit cards to purchase NFT's has now been successfully interacted with a collaboration with sendwyre.com. In addition, the marketplace will be ported to thenftmarketplace.io domain and this website will move to website.thenftmarketplace.io Listing update FINRA requested more info on 2nd March which went back to them and now we wait again. A different department requested proof that the company is now trading to remove 'the shell' icon off the company. So hopefully this month it'll be finally listed. Ben Quick CEO
Read MoreQ1 UPDATE
Hi all We have just completed a really busy Q1 2022 and have an even busier Q2 lies ahead as we push forward with operational activities. It is now the intention to list on OTC markets in Q3 2022. Exciting times. Market We have now completed the following actions Q4 2021 Completed Court custodian documentation and release Board resolutions appointing the new board and releasing the old board Board resolutions confirming name change, stock holdings and application to OTC markets Application to OTC markets IQ service Acceptance into IQ 2020 and 2021 annual and quarterly disclosures Q1 2022 Completed Filing the disclosures on OTCIQ Obtaining legal opinion and letter for the validity of the disclosures Q1 2022 disclosure prepared and filed April 2022 In progress Fully executed plan of exchange for the preference shares and the common stock Commencing a corporate action with FINRA for the stock split and name change Transfer Agent approvals The massive progress made during 2021 and Q1 2022 maintains the expectation of NFTM going live in October 2022 with a $100m Market Cap. Our advisers believe this could be significantly more as the NFT space is exploding. Operations Operationally we have agreed to expand the projects offering to include third party services for design, marketing, coding/dev and project consulting. Phase 1 of these additions have now commenced and have a sprint time frame of 3 months. This will allow The NFT Marketplace to be a true 'One Stop Shop' for anything NFT related. We have commenced discussions with several concierge service providers in London, Manchester and Marbella to design, produce and market their own NFT collections. This will provide significant PR for us. Our next collection of NFT's is currently being planned and we expect to announce the project next month with a launch party at the end of Oct in either Miami or Las Vegas. Next update July 2022. Thank you for your contimued support. The NFT Marketplace Ltd
Read MoreQ1 2023 Update
Latest News The NFT Market Place Ltd has just approved its next NFT collection for Level Up Technologies. The collection will be a very limited collection of just 500 unique NFT's The collection is titled 'The Machine Monkeys'. The MINT date will be 8th March 2023. The collection will MINT on the Polygon network.
Read MoreQ4 Update
We have made great strides Operationally with the partnership formed with BAF in Q4 2022. This partnership has not only led to a more secure/protected platform it has also simplified the user experience which is one of our fundamental goals for this project. The USER has to be able to Create, Store and/or Sell their NFT's simply and securely. In addition to this we have been able to add a FIAT (Debit/Credit Card) payment gateway via a commercial Agreement with Moonpay. This will allow non crypto savvy USERS to be able to pay for their NFT in good old fashioned money. This will open up the project for the mass market. PUBLIC LISTING............ Now onto the listing process. We had several meetings in Miami over the festive period with our Lawyers to establish the final timeline for the project to be listed and therefore Trade as a Public Stock. We are awaiting final information/confirmation of this event but believe it will be by the end of this month January 2023. This is massive and all early investors are likely to see a huge capital uplift. Keep an eye out for updates as there is likely to be a further one next week. Many thanks for your support. Ben Quick CEO THE NFT MARKETPLACE LTD
Read MoreQ2 Update 2023
Q2 2023 Update Market Q2 has proven to be challenging due to OTC rules changes in 2022. We started the quarter as normal at Pink status and unfortunately due to a rule disclose rule change in 2022 our Q1 submission did not meet the changes and OTC Markets downgraded the shell company to 'Expert Market'. Once this happened the legal team immediately reviewed and resubmitted the return and I'm glad to report the company Pink status was reinstated. We have continued to respond quickly to FINRA questions during Q2 and had hoped and expected to be announcing the long over due FINRA approval for this reverse merger we commenced in 2021. We remain patient and have been told that our file is still being reviewed. As soon as we recieve positive news, we will communicate out to all.sharedholders. we really hope July will be positive. Operations Q2 started in a really positive way, with Sendwyre approving our application for a FIAT payment process. Unfortunately, there has been further delays with getting this coded into the platform. However, I am pleased to report this is now complete and by next week (1st week July 2023), we can start to test the platform with a select number of trialists with an expectation of launching during the 3rd week of July. The company can then 'open for business' Thank you to everyone for their patience. Ben.Quick CEO The NFT Marketplace Ltd
Read MoreQ1 2023 UPDATE
The goal of this update is to provide information with respect to the company's Q1 2023 actions. The Company was previously deemed to be a Shell Company and is changing its status as the Company has determined that it no longer meets the definition of a Shell Company. The Effective Date of the change in Shell Company Status is March 8, 2023, having commenced operations as further set forth below. On March 8, 2023, the Company, executed a marketing agreement with Moonclub whereby Moonclub will provide full marketing services for the Company, including social media management, project collaborations and community management. Moonclub will also launch an NFT collection for the Company which includes designing the artwork, developing the smart contract and developing the minting website. In addition, the Company signed a commercial proposal with Advanced Living Technologies GmbH (“SONIO”), Whereby SONIO will work on a Software As A Service (SaaS) sales model and provide the Company with a complete seamless and paperless onboarding and approval process. These agreements are part of the Company’s overall strategy to create a one-stop-shot for the buying and selling of non-fungible tokens (NFTs) and to build an all-inclusive NFT platform for buyers and sellers. These agreements alongside its work with Blockchain App Fsctory will enable the company to commence income generation during Q2 2023. Finally, a notarised name change was executed and submitted to FINRA during March 2023 and it is expected this will be the final piece in obtaining regulatory approval to list as a trading public stock. Ben Quick CEO The NFT Marketplace Ltd
Read MoreQ3 Mid Update following Appeal
Update: Following the appeal to the subcommittee of FINRA’s Uniform Practice Code Committee (“UPCC Subcommittee”) The appeal was denied due to 3 missing filings covering the period 2012/2013. The NFT Marketplace is now working to resolve this issue. An update will follow at the end of September 2023.
Read MoreMid Q4 UPDATE
During Q4 we have been back and forth with FINRA regarding, firstly an appeal process initiated in Q3 over missing report filings going all the way back to 2012/2013. There were 3 accounting reports missed by the company and previous directors. The NFT Marketplace Ltd argued that these reports were out of time and therefore did not need to be filed, due to the length of time. However, FINRA rejected the appeal and have insisted the reports are filed. The company immediately instructed its legal advisors to produce and file the missing reports. This process has taken 2 months due to the time spent gathering historic information. The reports will be filed this month. This will then satisfy the regulators requirements and we can finally list. Thank you for your patience. Ben Quick CEO The NFT Marketplace Ltd.
Read MoreQ4 2023 UPDATE
Q4 2023 UPDATE Market: Q4 2023 has been a difficult quarter due to regulatory challenges. In Q3, FINRA rejected the company's proposed corporate action due to three missing reporting filings from 2012 and 2013. Unfortunately, following an appeal process, the regulator confirmed these missing filings were in breach of their rules. Q4 saw the company adhere to this request and, from October to December, produce and submit the three historic filings covering 2012 and 2013. Subsequently, a new corporate action application has now been submitted to FINRA, and we now await their feedback. We expect a seamless process due to the time and effort spent addressing all the points, including the three historic filings in the first application from Q1 2023. Once FINRA has responded, a new update will be available. Operations: The company has continued to develop it's marketplace and has been given a Q1 2024 completion date from its developers. The company has continued to grow its social media accounts, mainly through organic growth. Once the platfrom is completed, the social media accounts will be beneficial to attract new users to the marketplace. The company has also enlisted the services of a UK marketing specialist to maximise the growth of new users using an email marketing strategy. A further update will be posted in Q1 2024. Ben Quick CEO The NFT Marketplace LTD
Read MoreQ1 2024 Update
Following a quiet period at the start of 2024 whilst we have patiently waited for Finra to review the corporate action application. Yesterday (3rd April 2024) the Finra auditor confirmed that the 'Secondary Review' will be concluded shortly. The companies legal advisors believe this will be as early as next week. Further, all current reporting requirements have continued to be met with the yearly Attorney Letter being filed last week (https://www.otcmarkets.com/stock/BABL/disclosure) Operationally, I have signed off the platform upgrade and expext to have this in MVP format next week. Thank you again for your patience. Thank you Ben Quick CEO The NFT Marketplace Ltd
Read MoreEXECUTIVE SUMMARY
- Mission statement
To build the first all inclusive turn key NFT Platform for buyers and sellers which provides clients the opportunity to generate significant revenue whilst delivering real benefits for their customers.
- Company information
Company name: The NFT Marketplace Limited Company number: 13612921
Lawyers: Aticus Law Solicitors, Queens Chambers, 5 John Dalton Street, Manchester, M2 6ET
Accountants: Carl Ford Accountancy Limited, 8 Bridge Street, Tamworth, B78 1DT
Bankers: Virgin Bank, Jubilee House, Gosforth, Newcastle upon Tyne, NE3 3PL
Advisers: Taylor Black Wealth Limited, 20-22 Wenlock Road, London, N1 7GU
- Market Challenges
Finding businesses/companies/people that know this market
Having to go to multiple places to find NFT specialists
Knowing the credibility of businesses and if they are capable of delivering
Wasting money on marketing and influencers
Funding the launch (capital raising)
Knowing which platforms produce ROI's and how to reach your audiences to achieve ROI's
Maintaining knowledge and keeping up to date with the ever evolving industry
High gas fees across multiple blockchains
- Platform Features/Benefits/Solutions
Bringing all the requited NFT services into one place
Credibility check of businesses with ratings based on previous experience
A platform to pitch and raise money peer to peer
Experienced marketing and influencer agencies to give a step by step plan for a real achievable ROI
Expert consultants to give end to end advice on a roadmap and utility
Experienced Devs/Coders to ensure full functionality and delivery
- Financial
A seed round of funding is underway with a target raise of £2,000,000 which is being deployed into i. Public listing of NFTM stock £500,000 ii. Beta stage platform development £750,000 iii. Marketing to align with significant hospitality brands £250,000 iv. NFTM token launch £250,000 v. PR marketing post list £250,000.
Target date for raise January 2023 Target date for Public list Q2 2023.
Target date for Beta launch Feb 2023
These dates are subject to a regulatory process and are approximate. All investors/Shareholders will recieve regular updates.
Target market cap on list $100m
- Summary
Operation: The NFT Marketplace Limited will provide operationally a 'one stop shop' for NFT's which will generate multiple streams of revenue throughout its platform. Each on figure 1 below can generate income from buyers and sellers.
Market: The NFT Marketplace Limited will provide real shareholder value once listed through its expected capital growth. This sector has already shown huge valuations and investor appetite.
