Requirements Gathering
Our blockchain professionals collect your requirements and analyze them to come up with the best possibilities. After that, both teams will work on conducting a product feasibility study.
It took approximately a decade for digital assets to gain the widespread popularity it enjoys today. The real potential of digital assets is sculptured one by one. NFTs were a big success on the market within a short span of time. With artists and investors making merry in the market now, Non-Fungible Tokens (NFTs) are offering humongous returns.
These Tokens are unique digital assets developed using ERC-721 token standards that run on the Ethereum blockchain. They can’t be interchanged since they differ in value; instead, users can trade them for digital assets or other assets. Each token has a minimum of one distinguished character, and also, it cannot be used in commercial transactions. Since these tokens run on the blockchain network, digital content creators & artists can connect with buyers & collectors without any intermediaries. The supply of NFTs is limited to retain or increase the values.
Blockchain Firm provides a suite of NFT development services - from artworks to game collectibles, videos to music, and land deeds to cars. Our blockchain experts specialize in developing tokens based on ethereum ERC-721 token standards
NFTs have a high market value and their growth is still very strong. The fractional NFT concept is relatively new. It splits the NFTs into different segments that have a high value. Since there is a possibility of separating the NFT into smaller pieces will make it more affordable and beneficial in many scenarios including high traffic. The transaction will increase because NFT is one of the most attractive investments.
The SFT development is a multi-token standard that is gaining immense popularity in the digital assets space. It makes the token transfers much easier due to the fact that it supports both NFTs and fungible tokens. Although semi fungible tokens will take some time for mass adoption in the world of NFTs, the trend is certainly becoming popular, especially within the gaming industry. Since it is highly versatile, having both fungible and non-fungible properties increases the liquidity of the token.
ERC-721 token standard is a unique protocol that defines standard rules & regulations for developing non-fungible tokens. Basically, it denotes that no two tokens can have the same value. This non-fungible token standard determines the minimum interface required for smart contracts to allow users to manage, organize, own, and trade unique tokens.
ERC-1155 is a multi-token standard, meaning it has the power to regulate the tokens developed through both ERC-20 and ERC-721 standards. It was designed to overcome the limitations in the fungible and non-fungible token standards. The ERC-1155 standard creates a robust smart contract interface that can control all fungible tokens and NFTs simultaneously.
TRC-721 token is a protocol on the Tron Network used to develop NFT. individuals and businesses can rely on this service to digitize their assets, collection to NFT, ultimately increasing the unique value. Moreover, Tron infrastructure deploys TRC 721 to your unique assets.
We help artists & digital content creators to create non-fungible tokens for their artworks, paintings, or drawings. The creators can auction the artworks in an NFT marketplace, where sellers can bid and purchase the items. Once the auction closes, smart contracts transfer the ownership of the item to the buyer.
Our blockchain professionals specialize in assisting players & game developers in tokenizing digital assets like game characters, special passes, unique upgrades, and skins. Players can sell the tokens in the marketplace, and developers can offer the tokens as rewards or allow the players to use them on other platforms.
Do you specialize in creating customized accessories or luxury products? Showcase your products to a much larger audience by tokenizing them as NFTs. When a user bids and buys your product, the ownership right of that item is automatically transferred to the buyer. It further helps to mitigate the creation of duplicate items.
The music industry witnesses problems like music theft, copyright infringement, and dis-incentivization. By converting the music files as non-fungible tokens, small artists and renowned music owners can patent their albums. This also creates opportunities for the creators to sell their music online without intermediaries.
With various platforms to share videos, claiming ownership of your unique video items is a tedious process. Not anymore! Our blockchain-based NFT services help you create digital ownership rights for your videos. Furthermore, you can also auction the NFTs in popular marketplaces and allow sellers to buy them for digital assets.
Do you have a VIP pass for an event? Are you a privileged customer who gets special passes? There might be situations where you can’t attend the events. Why throw away those tickets while you can monetize them through the strategic implementation of NFTs? Connect with us, and our blockchain experts will tell you how.
NFT-powered domain names are becoming a new trend. Buyers can directly contact the NFT owner and purchase the domain without the involvement of mediators. Do you want to transfer your domain ownership rights to NFT? Contact us.
We provide state-of-the-art NFT development services for sports personalities and team owners to gain fame and monetize through NFTs. From autographed t-shirts to player cards and video clips, the sports industry can benefit the most.
Our blockchain team provides excellent services to tokenize your real estate properties. You can list your virtual land in NFT marketplaces and allow the participants to buy/bid on your property. This also creates opportunities for international purchases.
The value of a non-fungible token depends on its scarcity. NFT developers limit the number of circulating tokens to create rarity, thereby increasing the value.
No two NFTs can have identical records. Each NFT has a permanent information tab determining its uniqueness. It is the most valuable characteristic of NFTs.
Non-fungible tokens cannot be divided into fractions or parts. Unlike digital assets and other assets, they can be bought or sold only as whole units.
NFTs have custom-built blockchain-powered marketplaces, where users can easily buy and sell their tokens. The value of each NFT is based on its uniqueness.
All NFTs are genuine - they are powered by blockchain technology. It is nearly impossible to create fake NFT replicas on a distributed and immutable ledger.
Each non-fungible token has a unique digital signature stored on the blockchain ledger. So when NFTs are traded, only the ownership rights are transferred.
Benefits For Buyer | Benefits For Creator |
---|---|
You have the ownership rights | Proof-of-Ownership (Creation) |
Your NFTs are immutable | You decide the scarcity & value |
You can sell them at any price | You can also earn royalties |
You can also hold the NFTs forever | You can sell them either through P2P or in a marketplace |
Our blockchain professionals collect your requirements and analyze them to come up with the best possibilities. After that, both teams will work on conducting a product feasibility study.
Our experts then do thorough research to identify the risks associated with the project. Next, our team clearly defines & documents the requirements and plans for your approval.
The actual development begins now. Our blockchain developers perform everything in an organized manner, and also they make sure that the product is built with advanced features.
We test the product in diverse environments to ensure that there is no room for bugs & errors. After a demonstration, we help you to release the product for User Acceptance testing.
We analyze the feedback, and if you approve, our team makes the suggested improvements and assists you with the launch. We also provide maintenance services post the release.
Whether you are an early stage startup, or a multi-national corporation looking for growth, scaling, or transformation, we deliver Enterprise Blockchain Services and flawless solutions to your business with comprehensive competence.
About UsWhether you are an early stage startup, or a multi-national corporation looking for growth, scaling, or transformation, we deliver Enterprise Blockchain Services and flawless solutions to your business with comprehensive competence.
About UsWe provide all kinds of solutions and services related to NFT.
Having an idea to build a blockchain product? Or are you looking for a dynamic blockchain integration service? Schedule a direct appointment with our blockchain experts.
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