About

The Client is a US startup business considering to step into and capitalize on NFT trading.

Challenge

The Client had an idea to launch a marketplace to sell digital assets. The company wanted to employ NFT technology to transfer the right of ownership to a buyer and thus justify an asset s uniqueness and value. The NFT market was relatively new so the Client was hurrying to take a niche until the competition severed. With the idea in mind, the Client was looking for a competent team to plan out an NFT marketplace.

Solution

The Client commissioned VolgoTechnologies to prepare an elaborate concept of the NFT marketplace and roadmap the development project taking into account our profound expertise in the development of blockchain-based apps.

VolgoTechnologies team started by analyzing the original idea of the NFT marketplace. As the Client s vision of the marketplace to-be was vague, the team built a business case to understand the marketability of the Client s idea and uncover possible risks. The idea was verified and the project moved on.

Staging

Data Ware House

Data Ware House

Desktop Application

Results

The Client got a third-party take on the feasibility of their business idea and a blueprint of their NFT marketplace. The company s stakeholders interacted with the marketplace prototype and confirmed its usability for both user roles – buyers and sellers.

Technologies and Tools

Golang, React.js, Web3, Solidity, OpenZeppelin, Polygon framework, LevelDB, AWS S3, IPFS