Blockchain based NFT marketplace

In this era of technology, an online marketplace is any website, marketplace app, wholesale directory, or other eCommerce website where buyers and sellers exchange goods through the internet. The marketplace attracts various kinds of customers and sellers depending on what type of marketplace it is.

Project Title

Blockchain based NFT marketplace

Project Area of Specialization

Blockchain

Project Summary

In this era of technology, an online marketplace is any website, marketplace app, wholesale directory, or other eCommerce website where buyers and sellers exchange goods through the internet. The marketplace attracts various kinds of customers and sellers depending on what type of marketplace it is. Our marketplace is created for graphic designers using NFTs. A Non-Fungible Token is unique and cannot be replaced. It gives its owner all its right and allows him/her to use it wherever and however they want.

Project Objectives

Decentralize the system without anyone involvement from the third party, the user can buy and sell the NFT. NFT is secure in the form of hash and all data stored in blocks and each block has different transactions that provide the facility of trace to check the previous owners of the NFT. The Graphic Design NFT Marketplace will be a DApp the designer can mint the NFT and sell the NFT, user can buy and sell only. It will verify the designer. All the details of each transaction will be stored on a blockchain network that is secure, immutable, and transparent (Qin Wang).

Project Implementation Method

Front end development with responsive designs, designing the relevant graphic works and will also learn about the selection, understanding and making the most suitable logo for our website. Programming languages are most important for the development of project so we will learn about the basic concepts of languages that will be used in the development of the project and after that we will maintain the system according to the market/field requirements. Most Importantly we will learn about a decentralized app which is future of internet

Benefits of the Project

The system responds in less time as compare to other conventional websites which are following a centralized system. This system will override all the relevant sites for Graphic NFT’s which are used for minting artworks till date. It will be a wonderful and learning experience for us while working on this project. Due to this project, we experienced that how a professional DApp is designed, developed and tested one after another after requirements gathering and analyzing. The system will help us to reduce our time complexity and cost. The project has its future work which is of having a mobile application which can also help users.

Technical Details of Final Deliverable

•  It has a decentralized system, with no need for any third party.

•  Smart contracts with the cryptography technique.

 • Transparency NFTs are accessed by the public key and private key.

•  It benefits artists to promote their music NFTs to their fans.

•  Immutability, no person can tamper data.

Final Deliverable of the Project

Software System

Core Industry

IT

Other Industries

Media

Core Technology

Blockchain

Other Technologies

Others

Sustainable Development Goals

Peace and Justice Strong Institutions

Required Resources

If you need this project, please contact me on contact@adikhanofficial.com