DEVELOPMENT OF AN NFT MARKETPLACE

The Zircoo — Emerline team created an attractive, user-friendly marketplace for selling NFT packages.

Development Of An NFT Marketplace

Customer

Sports NFT seller operating in the USA

Challenge

Our client wanted to develop a user-friendly platform where NFT enthusiasts could resell their tokens.

Solution

Zircoo — Digital Identity Management System created an NFT marketplace solution with an appealing UI and UX. Its primary feature is the opportunity to resell NFT tokens on a secondary market.

Challenge

In August 2021, an NFT seller turned to the Zircoo team. The client sought to establish a marketplace enabling users to buy NFT art and subsequently trade NFT tokens on a secondary market housed within the platform. Our development team needed to address the following challenges:

  • The necessity to demonstrate the reliability of the website and sellers with the help of UI/UX and the need to optimize user experience with top-notch customer service.
  • Ensuring adherence to regulatory frameworks at both federal and state levels that govern cryptocurrency enterprises.
  • The development of a secondary marketplace platform where users could resell NFT tokens.

Our Contribution

  • Our team chose Python for the backend and the React framework for the frontend to develop the required solution.
  • Arweave was used for NFT storage.
  • The system was integrated with multiple payment systems: Circle for in-app payments and adding funds to users’ wallets; ACH and Wire for the withdrawal of funds.
  • To adhere to the standards set for NFT marketplace platforms, the system underwent integration with Digital Identity Management System, facilitating users in smoothly fulfilling KYC verification requirements.
  • AWS services were used for building the solution.

Underlying AWS Infrastructure

AWS was chosen as the best balanced and scalable Cloud Service Provider. The services listed below were used: 

  • AWS VPC
  • AWS CloudFront with S3
  • AWS ECS Fargate with Elasticache and AWS MQ
  • AWS RDS PostgreSQL 

Key Features

  • UI/UX with animated drops unpacking
  • Clubhouse-like registration system
  • Know Your Customer (KYC) verification process
  • A user-friendly admin panel and user account 
  • A secondary marketplace for users
  • Prevention of simultaneous buys
  • In-app payment and money withdrawal systems 
  • Legal compliance with government and state regulations

Results

Zircoo — Emerline met all the client’s requirements and built a marketplace platform with an engaging UI and UX. Both admins and users of the marketplace benefit from a user-friendly interface that, in addition to a well-thought-out design, includes animated drop unpacking for a more comprehensive and transparent purchasing experience. 

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