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.