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Development of AI-Powered NFT Marketplace Platform

intuz.com

Information technology

Challenges in the Early NFT Market & Scalability Needs

During the initial NFT boom, the client faced challenges in providing a user-friendly NFT minting experience, particularly overcoming the complexities of crypto wallet creation and manual minting. With the product maturing and experiencing growth, there's a need to enhance the platform's functionality, scalability, and user engagement to maintain a competitive edge and cater to a wider audience. Artists need a seamless way to create and showcase AI-generated NFTs, and collectors need a robust and secure marketplace to discover and acquire unique digital assets.

About the Client

Intuz is a blockchain consulting and development company specializing in AI and blockchain solutions, particularly in the NFT space.

Project Goals

Enhance the existing NFT marketplace with advanced AI-powered features.
Improve user experience for both artists and collectors.
Ensure platform scalability and stability to handle increasing user traffic and NFT transactions.
Strengthen security measures to protect user assets and data.
Expand platform functionality to include more diverse art formats and features.

Functional Requirements

AI Art Generation (Text-to-Image) with customizable options
NFT Marketplace for buying, selling, and reselling NFTs
Custom Wallet Creation & Integration
NFT Listing and Management
User Profile Management
Search and Discovery Features
Community Features (e.g., artist profiles, follower system)
NFT Credit Purchase & Management
Integration with external services (e.g., Alchemy, Web3.js, OpenAI)
Reporting and Analytics dashboards for artists and administrators

Preferred Technologies

Polygon Blockchain

Next.js

TypeScript

Tailwind CSS

SCSS

MUI Components

React

Node.js

Express.js

Sequelize ORM

OpenAI's DALL-E 2 API

Alchemy

Web3.js

IPFS

AWS

Integrations Required

OpenAI API (DALL-E 2)
Alchemy Blockchain Development Platform
Web3.js for Wallet and Blockchain Interactions
IPFS for NFT Storage
AWS for Cloud Infrastructure

Key Non-Functional Requirements

Scalability to handle a large volume of users and transactions
High Availability and Reliability
Security (protection against fraud and unauthorized access)
Performance (fast loading times and responsive user interface)
Data Integrity and Consistency
Cross-platform compatibility (iOS and Android)

Expected Business Impact

This project is expected to significantly enhance Intuz's position in the NFT market by expanding the functionality and user base of their existing platform. Improved AI art generation capabilities and a more robust marketplace will attract more artists and collectors. Enhanced security and scalability will build trust and ensure long-term success. The platform will empower artists to focus on creativity while providing a comprehensive solution for managing their NFT assets and promoting their work, ultimately driving growth for Intuz.