The client sought to create an NFT marketplace that not only allowed creators to mint and sell their digital assets but also created a vibrant community where collectors could effortlessly discover, purchase, and trade NFTs. The main challenge was creating a platform that was intuitive for users of all experience levels, offered secure transactions, and scaled as the market for NFTs expanded.
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.
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.
- Captivating storefront withunique assets
- Advanced assets search bar
- Smart contracts
- Admin panel (reports, 3d party services, transactions data)
- Integrations with Stripe, Twilio, Binance, Sandgrid and Pinata
- Royalty fees
- Create/ Buy/Auction NFT
- 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 (pictures, videos, GIFs).
- Put their assets up for auction.
- Own, showcase and collect NFT’s in 3 clicks.
- Set the license type (unique, limited quantity, unlimited).
- Trade, buy, sell, transfer or receive Assets.
- Connect Stripe account.
- Buy a digital asset and a physical asset altogether.