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
Want to create NFTs that have traits like permanency and immutability? Static NFT development is the right choice for you. Be it images, music files, game collectibles, or paintings; we can develop NFTs according to your preferences. If you want your NFTs to be more valuable and scarce, get in touch with us.
How about creating an NFT that responds to real-world events and changes and maintains traits like ownership and Verifiable Randmoness Functions? Dynamic NFTs can do that. We create DNFTs for ticketing systems, P2E games, fantasy sports, and magazines that are interoperable with off-chain environments.
NFTs have a high market value, and their growth is still very strong. The fractional NFT concept is a relatively new one. Through this, a token is split into different segments, and each has value. It creates newer opportunities in the NFT space like real estate tokenization and Play-to-Earn games.
A multi-token standard that is gaining immense popularity in the digital space. It makes token transfers much easier due to the fact that it supports NFTs and fungible tokens. Although semi fungible tokens will take some time for mass adoption, the trend is becoming popular, especially in the gaming industry.
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 to control all FTs and NFTs simultaneously.
ERC-2981 is a token standard that allows NFTs developed using ERC-721 and ERC-1155 standards to process a royalty amount to be paid to the original creator each time the token is sold. This token standard is mainly aimed at enhancing NFT royalty payments that are minimal and gas-efficient. It boosts the creator’s profits and credibility.
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 and copyright infringement; with various video-sharing platforms, claiming ownership of your unique video items is a tedious process. Music owners and video creators can patent their albums by converting the music and video files into non-fungible tokens.
Collecting ancient (vintage) bottles of beverages, especially alcohol, is a famous activity among the rich. It need not be physical from now on because we have NFT auctions. NFTs can be created for a given bottle, with the unlockable content being the bottle’s location, age, and other details.
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.
Unlikefungible tokens, NFTs are not interchangeable with each other, thereby adding and balancing scarcity to the digital world. They cannot be interchanged with each other.
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
NFT means Non-Fungible Token. They are considered unique digital assets assets that run on the blockchain, and each NFT has unique value and represents individual ownership. An NFT can be digital art, real estate deed, video, game collectible, music, or anything.
Ethereum-backed non-fungible tokens are developed using ERC-721 and ERC-1155 token standards. And Tron-backed NFTs are developed using TRC-721 token standards.
NFTs are used as digital collectibles. Any famous artwork or other items such as a popular tweet, a celebrity’s autograph, an NBA player’s video, unique stamps, a game-pass can be converted and traded as an NFT.
Unique art and other collectibles require proof-of-ownership to prove their authenticity, which further determines their value. When an artwork is tokenized as an NFT, the owner details, date of creation, and other information are stored on the blockchain. This NFT can be sold to interested persons either on a specialized marketplace or through P2P.
We provide all kinds of solutions and services related to NFT.