Enhancing NFT Trading
The NFT In-Game Trading Platform expands an existing marketplace for digital gaming assets by attracting NFT investors and providing additional revenue opportunities for gamers. As a result, this feature supports NFT flippers — users interested in investing in-game assets for resale.
Flippers can use the platform to create or enhance unique NFTs from specific games by assigning tasks to skilled gamers. Additionally, the process is secured by smart contracts to guarantee the transfer of rights and payments.
Key Features Delivered
NFT Investors (Flippers):
- Lot Placement: Flippers create lots for new NFT creation or boost existing ones, specifying games, asset attributes, and payment terms.
- Asset Ownership and Sale: Equally important, flippers can retain and resell valuable assets after creation or boost by skilled gamers.
- Smart Contract Transactions: Ensures secure payment, rights transfer, and quality assurance upon order completion.
Players:
- Earning Opportunities: Gamers can fulfill NFT lots, using their game expertise for extra revenue.
- Proposal Submissions: Players submit proposals for lots, with flippers selecting offers.
NFT Creation and Enhancement Process:
- Smart Contracts for Agreements: Defines NFT creation terms, including payment, quality, and rights transfer.
- Automatic Rights Transfer: Smart contracts securely transfer NFT ownership back to the flipper upon completion.
- Upgraded Assets with Market Value: Enhanced assets gain rarity and appeal, allowing flippers to resell at higher prices.
Technology Stack
- Blockchain: Ethereum, Polygon, Solana, Binance Smart Chain.
- Cross-Chain Bridge: Allbridge for multi-network compatibility.
- Wallet Integration: MetaMask, Phantom, and Trust Wallet via WalletConnect.
- Backend:
- Python (FastAPI, Django) for existing system integration.
- TypeScript/JavaScript (Node.js, Express) for APIs.
- Database: PostgreSQL/MongoDB.
- Frontend: React, Ethers.js, Web3.js, Solana Web3.js, Flutter for mobile app.
- Geolocation Service: MaxMind for location-based access control.
Project Stages
Smart Contract Development
Developed and tested contracts for 12 games, covering:
- Rights transfer, payment, NFT rentals, lot creation, and payment verification.
- Tested on Rinkeby and Solana Devnet, with Ethereum, Polygon, Solana, and BSC deployment.
Backend and API Development
- Integrated API to connect frontend, wallets, smart contracts, lot management, and proposals.
- Enhanced back-office and added geolocation restrictions using MaxMind.
Frontend Development and User Interface
- Flipper Interface: Order creation, proposal management, transaction tracking, and history.
- Player Interface: Order browsing, proposal submission, and order management
Project Benefits
For Platform Owners
- Increased Revenue: Boosts platform liquidity and transaction volume by attracting NFT investors.
- New Monetization Opportunities: Fee from NFT trades, rentals, and upgrades.
For Investors (Flippers)
- Investment in Unique Assets: Commission new NFTs and enhance existing ones to increase market value.
- Control and Security: Smart contracts protect quality control and secure rights transfer and payment.
- Profitable Resale Opportunities: Enhanced assets can be sold at premium prices.
For Gamers
- Revenue Generation: Additional earnings through asset creation and upgrades.
- Incentive for Expertise: Monetize high-level gaming skills in popular games.
Why The Customer Choose Our Services
Our team initially developed the in-game platform using our iAM-Trade solution, which needed expanded functionality.
Although we didn’t have prior experience with blockchain projects, our strong foundation built trust in our professionalism. This positioned us as the top choice for implementing advanced NFT functionality.
- Eagerness to Embrace New Technologies
- End-to-End Development
- Scalable and Tailored Solutions
- Industry knowledge in Sports Solutions and Ready-to-use Framework
Overall, the NFT In-Game Trading Platform provides an innovative marketplace for gamers and NFT investors, enhancing asset value and creating new income streams.
By leveraging secure smart contracts and a robust technology stack, we ensure a seamless experience for all users, from flippers to skilled gamers.
Contact us today to discuss how we can collaborate and help you harness the benefits of this innovative marketplace!
