This project aimed to create an innovative NFT marketplace that would stand out by allowing users to trade NFTs backed by real-world non-digital assets. The goal was to develop a platform with seamless user experience and robust features to attract a broad user base.
Head of Development
$ 100 000+
1 000+
A US startup with a vision dared to dream big. Their goal was creating an NFT (Non-Fungible Token) marketplace that would stand out from the rest. The project aimed to build an innovative platform that would allow users to trade NFTs backed by real-world non-digital assets.
Building an NFT marketplace from scratch is no small feat. The challenges were numerous and daunting. The client needed an NFT marketplace that operated on EVM blockchains. This meant architecting the blockchain side, including the creation of smart contracts, and developing the user-friendly Web3-client web service. The requirements stacked up: 1. **Gas Fee Coverage**: Users often hesitate to engage with blockchain platforms due to the unpredictable and sometimes exorbitant gas fees associated with transactions. The client demanded a solution that would cover these fees seamlessly. 2. **Effortless wallet top up experience**: To attract a wide range of users, the marketplace needed to offer an intuitive and hassle-free experience. This meant integrating with multiple "on-ramp" services to allow users to top up their crypto wallets instantly. 3. **Flexible Fee System**: NFT creators and owners should have the freedom to choose their fee structures. Implementing a flexible fee system was fundamental. 4. **On-Chain Transaction History**: Transparency and trust are vital in the NFT space. Implementing an on-chain NFT transaction history was essential to build this trust. 5. **Time Constraints**: The startup was under pressure to deliver a production-ready alpha version within a limited timeframe. We had only several months to present a production alpha.
Users' gas fees were covered by the platform itself, ensuring a frictionless experience. This innovative approach significantly lowered the barrier to entry for users, attracting a more extensive user base.
To make the customer journey as convenient as possible, the team seamlessly integrated with multiple "on-ramp" services. Users could now fund their crypto wallets right on the platform, eliminating the need for external transactions and streamlining the process.
Recognizing the importance of flexibility, the team designed a fee system that allowed NFT creators and owners to tailor their fee structures according to their preferences. This customization empowered users and creators alike, fostering a more dynamic marketplace.
Transparency and trust were bolstered by the implementation of an on-chain NFT transaction history. Every NFT transaction was recorded on the blockchain, providing an immutable and transparent record of ownership and trading history.
Despite the tight time constraints at the project's beginning, the team managed to release a production-ready alpha version, showcasing their dedication and expertise.
The platform registered thousands of users who flocked to the marketplace for its user-friendly approach and transparent operations.
With its flexible fee system and on-chain transaction history, the platform attracted hundreds of sellers, creating a thriving ecosystem.
By leveraging blockchain technology and secure smart contracts, the platform ensured robust security for all transactions, enhancing user trust and platform integrity.
The use of GCP and scalable architecture allowed the platform to handle increasing user demand and transaction volumes without compromising performance.