Case study Deatails

NFT Marketplace Development

How we helped a forward-thinking startup build a web-based NFT marketplace that removes blockchain complexity, making digital art authentication seamless.

Business Need

The client approached us for a marketplace that felt easy for anyone to use, handled crypto complexity in the background, and could scale fast as the NFT space kept evolving.

Solution

After conducting the Discovery Phase, Inoxoft designed and developed a tailored NFT marketplace that streamlined the process for both creators and collectors. With features like user-friendly onboarding, quick minting of NFTs, and secure blockchain integration, the platform offered creators a hassle-free way to showcase their work and collectors a secure, seamless purchasing experience. Additionally, the scalability of the solution ensured that the platform could grow alongside the NFT market, supporting future demand and traffic.

Business Value

The platform attracted a large community of both creators and collectors. The streamlined user experience significantly reduced the barriers to entry for new creators, leading to a 40% increase in NFT minting. The marketplace's secure infrastructure fostered trust, leading to higher transaction volumes and repeat purchases.

Core Features

1.

Captivating storefront withunique assets

2.

Advanced assets search bar

3.

Smart contracts

4.

Admin panel (reports, 3d party services, transactions data)

5.

Integrations with Stripe, Twilio, Binance, Sandgrid and Pinata

6.

Royalty fees

7.

Create/ Buy/Auction NFT

8.

User profile management

Full Story

Inoxoft solution

The first NFT-based social network is a marketplace for artists who are not tech-savvy when it comes to blockchain and want to focus on the art itself. The platform offers tools and features for transforming digital artworks into NFTs so that creators can sell them directly on the platform.

Users (artists, buyers) who are interested in digital art can sign-up for the platform. The process is free-of-charge. To create an NFT artists have to enable two-factor authentication. Then they can convert digital assets (pictures, videos, GIFs) into NFTs by uploading them onto the platform through the creator section. This process is called “minting”. Users can sell NFTs they already own by trading or minting their own NFT, and then sell it.

Artists are able to set up the NFT for sale or for free, choose the license type, add unlockable content and define a fee royalty for future trades. Buyers can purchase an NFT on the platform by simply connecting their Stripe accounts before, clicking the “Own” button.

Behind the scenes, the platform creates a blockchain-based contract for every listed NFT. A so-called smart contract is used to regulate, monitor, and authorize transactions between the buyer and the seller.

Results

With full responsibility for the technical solution on our side, Inoxoft’s team has implemented the client’s business idea and delivered a responsive web platform that enables users to:

Create any type of digital content.

Trade, buy, sell, transfer or receive Assets.

Buy a digital asset and a physical asset altogether.

Put their assets up for auction.

Set the license type.

Connect Stripe account.

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