NFT Marketplace Case study

Pioneering NFT Marketplace with Chatbot & Social Media Integration

Let’s Dive Deeper into the Complete NFT Case Study!

Client Background

The client is a US-based tech company that has been a unicorn in the social media space while hosting popular live shows on television.

With millions of active users, they have established themselves as a leading agency for sharing digital content while targeting modern users while having plans to set a benchmark in the NFT marketplace development space.

SOLUTION

NFT Marketplace

DEMOGRAPHICS

USA

INDUSTRY

Social Media

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Problem Statement

Emphasizing on Gen Z generation and millennials, the client approached Antier with the requirement of building a web and mobile-based platform that combines social media functionalities in an NFT marketplace, all in one place, and gain a competitive edge in the social media and NFT marketplace services market.

Major challenges and concerns of the client included:

Lack of monetization opportunities for content creators.

Increasing demand for NFTs, but limited avenues for creators to sell and showcase their work.

Limited integration between social media platforms and NFT marketplaces.

Analysis & Approach

In this case study on NFT, our NFT development team embraces the agile approach, showcasing their exceptional expertise by seamlessly navigating the development lifecycle, delivering an innovative NFT marketplace with unrivaled precision and a skillset that fosters rapid iteration and continuous value creation.

PHASE - 1

BA Phase - Consultation & feature finalization

PHASE - 3

Documentation (FRD & BRD) & React Conversion (HTML)

PHASE - 5

Development - Front end, backend & smart contract

PHASE - 2

Wireframing & UI / UX process

PHASE - 4

Third-party API integrations & biweekly JIRA sprints

PHASE - 6

Testing & deployment

Analysis & Approach

In this case study on NFT, our NFT development team embraces the agile approach, showcasing their exceptional expertise by seamlessly navigating the development lifecycle, delivering an innovative NFT marketplace with unrivaled precision and a skillset that fosters rapid iteration and continuous value creation.

PHASE - 1

BA Phase - Consultation & feature finalization

PHASE - 2

Wireframing & UI / UX process

PHASE - 3

Documentation (FRD & BRD) & React Conversion (HTML)

PHASE - 4

Third-party API integrations & biweekly JIRA sprints

PHASE - 5

Development - Front end, backend & smart contract

PHASE - 6

Testing & deployment

Solution & Market Stats

We proposed a full-fledged consultation to develop a unique NFT marketplace with seamless social media integration. The platform will feature a user-friendly interface for both creators and collectors, ensuring an intuitive experience. We leveraged smart contract technology and ERC 1155 token standard to ensure secure and transparent transactions, including royalty mechanisms for creators to earn ongoing revenue from secondary sales.

Backed by a user-friendly interface, we delivered a marketplace where artists and collectors can list, explore, purchase, sell, and trade NFTs for fiat and cryptocurrency and post them on their feed while connecting with others using the chat module. Users can log in via multiple sign up methods and use Web3auth as non-custodial wallet solutions while supporting fixed selling and auction selling and supporting crypto payments for the transactions.

Users can import their NFTs from other marketplaces and sell them on our marketplace platform which supports dual themes and third-party KYC integration. Bringing every operation to the fingertips, admins can manage every activity in real-time, from changing banners to managing the royalty backed by a help centre for users to raise tickets and get their issues resolved in real-time.

Build a Similar NFT Marketplace Flawlessly

Key Differentiators

Social media integration over an NFT marketplace

Multiple login methods powered with Web Auth solutions

Features

Social media integration

Multiple sign up methods

List, explore, purchase sell & trade NFTs

Dual theme support

Lazy minting

Fixed and auction-based purchasing options

Royalty standard

Non-custodial wallet support

Secure payment & transaction processing

Third-party KYC integration

Admin & sub-admin user roles

Real-time activity tracking

Chat module

A Visual Journey Through Our Trailblazing Project

Architecture

Final Outcomes

96%

Innovative and lucrative revenue streams

67%

potential buyers & creators

100%

Seamless user experience

59%

Return on investment

83%

User retention rate

41%

Broader potential partnerships

Client Speak

I'm thrilled with the expertise of Antier that has helped me turn the unique concept of social media integrated NFT marketplace into reality. Their development skillset has seamlessly merged social media engagement with NFT trading, providing me with a user-friendly platform to showcase and trade my digital assets and target audience at a broader level.

Use Cases

Creator Monetization

NFTs can be used to give creators more control over their content and how it is monetized. For example, artists could sell their digital artworks as NFTs, which would allow them to collect royalties on each subsequent sale.

Fan Engagement

NFTs can be used to create more engaging and rewarding experiences for fans. For example, a sports team could sell NFTs that give fans access to exclusive content, merchandise, or experiences.

Social Proof

A social media platform could track the number of NFTs that have been sold on the platform and display this information to users. This could help to create a sense of FOMO and encourage more people to buy NFTs.

Community Building

A social media platform could create groups for NFT collectors, artists, or developers. These groups could provide a forum for people to discuss NFTs, learn about new projects, and connect with other like-minded individuals.

Brand Awareness

NFTs can be used to create more personalized and engaging branding experiences. For example, a brand could sell NFTs that give users access to exclusive discounts, products, or services.