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Development of a Sports NFT Marketplace Platform
  1. case
  2. Development of a Sports NFT Marketplace Platform

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Development of a Sports NFT Marketplace Platform

emerline.com
Sports

Business Challenges

The client experienced challenges with an insufficient and unintuitive marketplace UI, resulting in poor user experiences, reduced customer satisfaction, and financial setbacks. Key issues included establishing credibility, navigating complex cryptocurrency regulations, and creating a seamless secondary marketplace for NFT resale.

About the Client

A US-based sports memorabilia seller looking to establish a platform for NFT package sales and secondary token resale.

Project Goals

  • Develop a user-friendly and intuitive NFT marketplace platform.
  • Enable secure NFT package sales and secondary token resale.
  • Ensure compliance with relevant cryptocurrency regulations.
  • Build trust and credibility for the platform and sellers.
  • Provide a seamless user experience for both buyers and sellers.

System Functionality

  • NFT Package Listing & Sales
  • Secondary NFT Marketplace
  • Secure NFT Storage (Arweave)
  • Multiple Payment Gateway Integration
  • KYC Verification (ONfido)
  • Admin Panel for Platform Management
  • User Account Management
  • Preventative Measures against Simultaneous Purchases

Technology Stack

Python (Backend)
React (Frontend)
Arweave (NFT Storage)
Circle (Payment Gateway)
ACH (Payment Gateway - Fund Withdrawal)
Wiret (Payment Gateway - Fund Withdrawal)
ONfido (KYC Verification)

External Integrations

  • Circle Payment Gateway
  • ACH Payment System
  • Wiret Payment System
  • ONfido KYC Verification Service

Non-Functional Requirements

  • Scalability to handle a growing number of users and NFTs
  • High performance and responsiveness
  • Robust security measures to protect user data and assets
  • Compliance with relevant regulatory requirements

Expected Business Impact

The successful development of this NFT marketplace is expected to drive significant business growth for the client by providing a user-friendly platform, expanding their market reach, and enabling secure NFT transactions. The focus on credibility and compliance will foster customer trust and long-term loyalty, mitigating potential financial setbacks associated with a poorly designed or insecure platform.

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