NFTs On Matic - The Novel Space For Digital Assets With Layer-2 Scalability

Matic fetches a tremendous scale to Ethereum network through a modified version of Plasma and Proof-of-Stake-based side chains. It is true that DeFi has commenced ruling the finance sector these days, and so, decentralized applications are on their way to create a huge impact, but unfortunately, it becomes very challenging to the present blockchain environment to scale the arising needs. The meticulous approach in the crypto space guided us to work on the pain points such as slow block transactions, high gas fees. This made Matic evolve as a decentralized ecosystem that facilitates rapid transactions at very low gas fees with the finality of the prime chain. Being a reliable layer-2 network, Matic now paves a path to include NFTs, thereby making it a profitable platform for users suffering from high gas fees in reality.

Cryptocurrency Exchange Script is a global crypto and blockchain service provider. Our quality services, accompanied by adept professionals, make us the best suit for all your crypto needs. To be more specific, we are a pioneer in NFT-based services. Our assorted range of NFT-based solutions has made us evolve as an industry-leading expert. In this way, we further strengthen our presence through Matic-Based NFT marketplace development. Get in touch with our experts to know more!

What is Matic?

Matic is a Layer 2 solution verified by Ethereum developed in the vision of solving the issues of slow block confirmations and high gas fees for the mainstream audience with a better user experience. Matic Network is architectured with a decentralized platform using an adapted version of the Plasma framework that provides a solution for faster and extremely low-cost transactions with finality on the main chain. Its architecture is designed to simplify the interaction between users and the decentralized world without worrying about the complexity of the system. The system ensures liveliness using PoS checkpoints which are pushed to the Ethereum mainchain. This enables a single Matic sidechain to theoretically achieve 2^16 transactions per block which are expected to perform millions of transactions on multiple chains.

Benefits of creating NFT marketplace in Matic

Scalable Environment

Scalability is realized by using a decentralized Plasma operator mechanism that supports our NFT platform to perform multiple transactions.

Higher Throughput

The platform can scale to millions of transactions on a sidechain tree architecture. The platform can support up to 65k transactions/second on a single Matic chain.

Friendly user experience

The NFT platform in the Matic network is designed to offer a friendly user experience without any complexity in connecting with a decentralized environment.

Security & Transparency

Matic‘s Proof-of -stake mechanism supports our NFT marketplace to make secured transactions with the same transparency as in the Ethereum Mainnet.

Interoperability

Matic network allows our NFT marketplace to connect with multiple sidechain networks for seamless trade and purchase of NFTs from different chains.

Develop your NFT Marketplace in Matic

NFT Marketplace is a platform that allows creating NFTs with the digital version of your unique assets. NFT marketplace allows to create trade and sell unique NFTs across different marketplaces in the side chains.

NFT Marketplace for Art

The artists play a vital role in NFT art tokenization with their unique assets. Digital arts are trending in NFT’s marketplace by enabling the creation of AR/VR. This technology makes the art unique to acquire a position in the marketplace. These digital arts are trending in the industry and act as a key point to levitate NFT marketplaces.

NFT for Games

Virtual assets in games offer exclusive gameplay with rare assets like characters, weapons, and tickets for upgrades. These assets are interoperable but the asset used in a game can not be used in any other games. Matic network supports the platform to make purchases in different side-chain platforms. Developers can list a unique character in NFT to offer in the games which enables the game developers to generate their revenues in NFT.

NFT for Accessories

NFT is popularized in the fashion industry by its tokenized unique accessories. Consumers can now digitally verify ownership of all their accessories and items like jewels to eliminate the risk of fraud. Consumers can also know details of the place of creation, ownership of the asset, and its originality. Companies started to use these NFTs as a branding tool to elevate their new product’s reach.

NFT for Fantasy sports

Fantasy sports are the type of games where you bid the players and form a team and play for real cash. This stream brings huge revenue and traffic from the market. Our NFT in fantasy sports changes the entire system by tokenizing the teams and players with NFT tokens in which a user can bid for the tokenized player or team and participate in matches for real cash or NFT. The traditional horse race is also adopting this platform where the digital horses will race and the horses will be in the form of NFTs. The price of these horses will be decided by their capabilities and uniqueness.

NFT for Virtual Land

Nowadays the real estate sector is being modernized by blockchain technology with NFT which is being evolved with interesting gaming methods. Few platforms emerged to offer virtual lands, hotels, houses as we used to do in monopoly. This asset will have value and the assets will be in the form of NFTs which possess surplus values. The user can purchase and sell those assets in the form of NFTs. The value of these assets will steadily rise with the demands and scarcity in the platform.

Our Expertise in NFT marketplace development in the Matic chain

Proficient Team

Our expertise in blockchain enlightens us to develop a reliable efficient NFT marketplace with Matic advanced features.

Security as Key

As security serves as the key to our success, we inherit Ethereum’s security and transparency in our NFT marketplace that manages all the transactions and other details in a secured medium.

Futuristic technology

Our enthusiasm for blockchain technology tends to offer futuristic technological advancements like third-party integrations and better visuals.

Reliable environment

We offer a reliable environment that can sustain any technological breach and catastrophic failures for the seamless trade of NFTs.

Personalized infrastructure

Our portfolio immerses you with the abundance of options to end-to-end customization of your NFT marketplace for your business requirements.

Efficient performance

Our NFT marketplace is designed and developed to handle multiple transactions efficiently, which can be expected to perform millions of transactions in seconds.

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