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Development of Solana-Based NFT Marketplace with Charitable Donation Functionality

suffescom.com

eCommerce

Information technology

Environmental Services

Non-profit

Challenges

King Cubs requires a secure and scalable NFT marketplace on Solana that facilitates seamless transactions and automated donations to environmental charities like Born Free and OneTreePlanted. They need a platform with robust user data security, fast transaction speeds, and transparent donation tracking.

About the Client

King Cubs is a Solana-based NFT marketplace focused on enhancing the creator economy and supporting environmental conservation initiatives through charitable donations.

Objectives

Develop a secure and scalable NFT marketplace on the Solana blockchain.
Implement a system for automated and transparent quarterly donations to designated environmental charities.
Ensure 100% user data security and compliance with relevant regulations.
Achieve fast transaction speeds and low gas fees.
Provide a user-friendly platform for creators and collectors to buy, sell, and mint NFTs.

Functional Requirements

NFT Minting and Listing
NFT Buying and Selling (including auctions)
User Registration and Authentication
Wallet Integration (Solana wallets)
Donation Calculation and Tracking
Automated Donation Transfers to Partner Charities
User Dashboard with Transaction History
Admin Panel for Platform Management and Charity Fund Oversight

Preferred Technologies

Solana Blockchain

Smart Contracts (Solana)

Web3 Integration

Secure Storage Solutions

Required Integrations

Solana Wallet Providers (e.g., Phantom, Solflare)
API for Charity Tracking and Reporting (Born Free, OneTreePlanted)
Secure Payment Gateway (for potential future integration)

Non-Functional Requirements

High Security (three-level staging locking, secure smart contract implementation)
Scalability (handle increasing user base and transaction volume)
Performance (fast transaction speeds and low latency)
Data Integrity
Reliability

Estimated Business Impact

The successful implementation of this NFT marketplace will enable King Cubs to establish a strong brand reputation as a socially responsible platform. The transparent donation mechanism will attract environmentally conscious users and creators, leading to increased platform adoption and revenue generation. The use of Solana will ensure low transaction costs, further enhancing the user experience and promoting wider participation in the creator economy and charitable giving.