The blockchain industries have witnessed influential developments in the field of cryptocurrency in the past few years. More financial products have been introduced that have transformed how we perceive finance sectors. In recent months, crypto users have shifted their focus towards the NFTs. As the NFT domain is experiencing massive growth during this period, investment in the NFT has been huge, leading to congestion and slower transaction time.
Due to these issues occurring in the NFT domain, the average transaction fee has skyrocketed. Thus, crypto users are finding it difficult to purchase and trade NFTs. In order to solve these problems for our customers, We at Blockchain App Factory will be developing NFT marketplace in Layer 2 protocol.
NFT in layer 2 is a distinct solution designed to scale the application by handling transactions off the main Ethereum chain (layer 1).
Our customer faces lower transaction speed problems when the network is busy which can make the user experience very difficult for certain types of decentralized apps (Dapps). As the network gets busier, our customers face an increase in gas fees as the senders aim to outbid each other and thus making Ethereum very expensive to use. We provide NFT Development in layer 2 services to the customers to overcome these problems and continue a smooth and easy transaction process
In the near future, the NFT marketplaces will be developed to gain the ability to support the function of the layer 2 protocol. We provide NFT development in Layer 2 services to the customers to enable a smooth gas-free trading experience without sacrificing the security of the Ethereum network.
We provide NFT development in layer 2 services to help scale the NFT marketplace by handling the transaction off the Ethereum blockchain, in this context, it is known as a Layer 1 network. We make sure that our customers can withdraw immediately without facing an attack on their marketplace regardless of how many funds are going through the marketplace. Our NFT development in layer 2 protocol aims to significantly increase the number of transactions carried out in a given period of time.
We at Blockchain App Factory serve as a ladder for the development of multiple businesses in the blockchain platform. Our professional experience and enthusiasm in the blockchain industry will provide you with a huge advantage over your competitors in the field of cryptocurrency. Our innovative and motivated team will ensure the creation of a stable and solid NFT marketplace in layer 2 protocol. We ensure that it is constructed with your requirements in mind and most importantly we will ensure that you are the frontrunner in the race of NFT marketplaces and emerge as a new trendsetter in the digital market.