Non Fungible Token

NFTs stands for Non-Fungible Tokens. Non fungible token is a term that is used to describe things having unique identity managed via blockchain. These items are not a substitute for other items because they have unique properties and digital identities. Non fungible tokens are used to signify ownership of unique items.

Although NFTs have been around since 2015, they are now gaining more popularity than ever owing to several factors. People want the opportunity to be able to retain ownership of their own digital items and then keep them as a form of investment.

When these digital assets are sold, the original creator and the platform keep a small percentage of the revenue generated, whereas the rest of it goes to the person who owns the asset. You can gain enhanced revenue from NFTs as they are bought and sold over time.

Importance of NFT Industry

A non-fungible token, also known as an NFT can be traded in an NFT marketplace. The rise of NFT marketplaces has created an incredible NFT business model. Even though there are still some aspects to sort out, NFT marketplaces are opening up many possibilities related to NFT development and the digital products associated with it.

Non fungible tokens allow us to tokenize things like art, game items, tickets, collectibles, even domain names. They can only have one certified owner at a time and they're secured by the blockchain. Non fungible tokens are associated with a blockchain ledger that holds the records of every information and transaction associated with them.

Art & games are the attention-seeking industries in the NFT marketplace which boosts NFT development. The NFT market grew tremendously in Feb- 2021 with its ability to create, sell and exchange various digital items, like games, arts, sculpture, lands characteristics, videos, music that attracts a large number of collectors, artists, and traders.

Features of Non Fungible Tokens

All NFTs are unique and have distinct features.

NFTs are indivisible. An NFT cannot be sold in smaller portions.

Non fungible tokens can be an excellent source for earning lifetime royalties for NFT artists and retailers.

The ownership information of an NFT is stored on a Blockchain network.

WebPixel Pro NFT Development Services

NFT Marketplace Development

NFT marketplace is a decentralized platform that allows users to create, buy, sell and store non-fungible tokens.

NFT Marketing Services

WebPixel Pro delivers impactful NFT marketing strategies that drive awareness and value for your brand.

NFT Minting Services

The NFT minting process means generating a new NFT on a blockchain and then adding it to the network. We deliver multiple NFT minting services.

NFT Designing Services

We excel in delivering the NFT designing services according to user specifications.

Our NFT Development Services for Different Sectors

NFT for Music

Music is a great asset that can be transformed into an NFT. If music is transformed into NFTs, the creator will have an audience around the globe to showcase his work and monetize it instantly.

NFT for Real Estate

It is a process of creating a complete NFT marketplace just for real estate assets where investors and agents can connect to buy and sell NFTs. The benefit of Real Estate NFT Marketplace is secure transactions.

NFT for Automotive

The Automotive giants are leaping towards NFTs to launch their concepts models and new products. Automakers can also create their NFT in the business industry.

NFT for Infrastructure

Our NFT groundwork includes interior designs, infrastructure development, architecture, sculptures, etc. NFT infrastructure development is the process of digitally converting your infrastructure and tokenizing it.

NFT for Sports Games

Our NFT gaming development services incorporate NFT in your game environment and transform the entire gaming experience. Developing a unique NFT podium entirely for sports offers greater market visibility and attracts a huge crowd to your platform.

NFT for Art Tokenization

Non-fungible token development favors artists and creators who tokenize their signature products in the market. Distinctive products like music and art videos are tokenizable digital assets that generate huge traffic in the market.

NFT for the Fashion Industry

Non-fungible tokens are promoted in the fashion industry by their tokenized unique accessories. Consumers now can digitally verify the proprietorship of their accessories and items like jewels to eliminate the risk of fraud.

NFT for Domains

The development of NFT for domain names will include searching for excellent and catchy domain names, and owning them is the initial step. The domain names are now converted into an NFT with the token standard of ERC-721.

NFT for Architecture

This is a business that has already flourished. Designing simulated buildings, towns, cities, or parks and listing them in the market attracts architects to try and own the extraordinary creations, making it a highly profitable business.

Our Project Roadmap for NFT development

Stage 1: Project Discovery

Stage 2: Design

Stage 3: Development

Stage 4: Deployment

NFT Marketplaces Development Services

Our NFT development company provides the following services:

OpenSea Clone

Rarible Clone

Custom Marketplace development

FAQs

What are the WebPixel Pro NFT standards?

We are working on the following standards

ERC-721
ERC-1155
TRC-721
BEP-721 and more.

How to buy NFTS from the marketplace?

You can browse over the range and find the NFT you want to purchase. Click on the non-fungible token you want to purchase and then on the ‘Buy’ option.

Do your company propose to secure my business plan?

We are working on blockchain development which is all about security. We sign a non-disclosure agreement with you to ensure that your business is safe with us.

What is the dissimilarity between non-fungible tokens & fungible tokens?

Fungible tokens can be exchanged with each other since each token holds the same potential that does not differ from one another. Non fungible tokens can’t be exchanged because they have unique identity and specifications.

Why Choose WebPixel Pro for NFT Development?

Our team works tirelessly to provide quality consultations while keeping your needs at the forefront. We offer services that are completely tailored to your requirements.

Our goal is to provide the most reliable solutions that help propel your NFT collections and marketplaces towards success. Our qualified team of professionals know the ins and outs of NFT development and will work alongside you to develop NFT marketplaces that will attract your desired niche.

We have affordable price quotes while making sure we never compromise on quality. In case you have any issues or queries, our team is available to cater to any issues that you may have. We make sure to offer the best customer support and ensure your issues are resolved in a timely manner.

We offer complete honesty and transparency throughout the duration of your NFT projects and make sure to deliver your projects according to the deadlines set.