Inspired by many popular NFT trading platforms our client demanded a solution with similar functionality. Our experienced developers used their hands-on experience in blockchain technology to propose a feature-rich idea to them.
Our NFT marketplace is a platform for users to buy and sell their NFTs which they mint by themselves. The respective solution seamlessly is integrated with the metamask wallet making the trade secure, quick, and easy.
Challenges
- To create interoperability among tokens that are built on the ethereum network.
- The file storage, that has the requisite which is IFPS integration.
- Developing distinct smart contracts for various tokens trading over networks as both ERC 720 and ERC 1155 have different functionalities.
Solution & Approach
- The Grey MatterZ expert team with the utilization of the technology stack, map architecture, and design prepared the platform. The front end is developed using React.js and the back end with solidity and node.
- In addition to the standard marketplace features we added:
- Custom cataloging to marketize NFT
- Easy payment gateway and wallet
- Quick NFT minting for both technical and non-technical user
- NFT bidding and auction functionality
- Compatible interface.
- An IPFS integration for digital data asset storage
- Use of OpenZepplin libraries to speed up the smart contract development process.
- Employment of polygon framework for circumventing the transaction costs and lower processing Ethereum.
4.5 Weeks of development, deployment, and testing
