Feb 28, 2024
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NFT Marketplace - Demo Project
Ongoing

NFT Marketplace - Demo Project

$5,000+
2-3 months
Vietnam
2-5
Service categories
Service Lines
Blockchain
Ecommerce
Web Development
Domain focus
Technology
Programming language
CSS
HTML
JavaScript
Frameworks
React.js
Subcategories
Blockchain
Smart Contract

Challenge

Developing an NFT marketplace with experienced blockchain developers poses challenges such as scalability, interoperability, security, user onboarding, liquidity, regulatory compliance, high gas fees, marketplace adoption, and emerging technology risks. Solutions involve scaling techniques, interoperability protocols, regular security audits, user-friendly interfaces, liquidity pool strategies, legal compliance, gas fee optimization, strategic marketing, community engagement, and adaptive technology integration for sustained success.

Solution

We developed this project with a team of experienced developers in the blockchain field, and using smart contracts to create NFT based on ERC 721 & Solana NFT standard (Store image on IPFS, and ID on smart contract). For Marketplace, we create smart contracts to execute buy and sell orders (the seller will push the sell order up to a smart contract, and the buyer will also push the buy order up to that smart contract. Finally, the smart contract will execute transferring money to the seller and transferring NFT to the buyer)

Results

We succesfully created a scalable NFT marketplace with secure smart contracts on ERC-721 and Solana standards. It ensures a user-friendly experience, high liquidity, regulatory compliance, optimized gas fees, widespread marketplace adoption, and proactive adaptation to emerging technologies.
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NFT Marketplace - Demo Project
No image
NFT Marketplace - Demo Project
No image
NFT Marketplace - Demo Project