Business Overview
- NFT Blockchain proposes to provide a hybrid blockchain marketplace where interested parties may easily purchase, trade, manufacture, or mint non-fungible tokens.
- The idea is to harness the power of blockchain technology to create a platform dedicated only to NFTs.
- The platform enables users to generate, trade, and adequately update non-fungible tokens to establish a complete and optimal ecosystem for NFTs.
- A hybrid blockchain properly combines high TPS and security characteristics with a bespoke, highly scalable protocol to produce very efficient and lightning-fast NFT transactions.
The Challenges
- No current blockchain was scalable enough for NFT Blockchain’s high TPS functionality. The first difficulty is to overcome the bottleneck caused by low TPS blockchains.
- Another challenge was adding a specialized element for the users. SoluLab chose to build a hybrid blockchain that combines Ethereum’s security and smart contract capabilities.
- Our experts did the best they could to take these challenges. They also built proprietary protocols on top of it to build a proprietary hybrid blockchain focused on the NFT business.
- NFT Addendum gives platform users additional freedom, although the work was pretty challenging. Lining up each of the DNA IDs correctly with the non-fungible tokens was difficult.
Our Solution
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NFT Wallet
With the NFT-focused wallet keep track of all your NFTs. Analyze asset performance and value using simple trading options.
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NFT Minting
It aids in converting assets into digital tokens, with the items going through the NFT contract procedure before acquiring their DNA.
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NFT DNA
During the tokenization process, each non-fungible token is given its DNA and a unique code for identification, which is then kept in a registry.
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NFT Contract
Unlike smart contracts, the NFT contract is a base template that allows basic information to be changed using the NFT addendum.
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NFT Addendum
This allows users to change the terms and conditions, access, and public or private status of non-fungible tokens. Only NFT DNA can be edited by it, giving users greater freedom.
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NFT Validation
Each non-fungible token is checked via checkpoints to ensure that the proper DNA ID is associated with the correct NFT.
Project Features
- The hybrid blockchain developed by SoluLab’s professional team allows users to simply and conveniently acquire, sell, and manufacture non-fungible tokens. Enjoy everything under one roof NFT with specialized bespoke blockchain development.
- NFT Vision, the social media platform, makes it simpler and more comfortable for users to interact with one another, enhancing their NFT trading experience and interacting with one.
- The whole marketplace is significantly more secure and built on a dependable blockchain to assure overall security. Because of the platform’s strict security, dealers may trade without concern.
Project Outcome
- The NFT Blockchain marketplace provides users with several fascinating reward currencies and incentives, which significantly increase community participation.
- Airdrops and perks that allow users to access various features of the NFT wallet and multiple community referral schemes run by the community are among the benefits.
- For ultra-smooth transactions, the NFT marketplace includes a secure wallet. Furthermore, the wallet’s security is relatively strict, ensuring the money is entirely protected.
- The primary purpose of enhancing and hosting NFT trading with the most innovative trading modules was successfully met.
Technology Stack
Clients’ testimonial
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