An NFT (non-fungible token) is a unique, non-replicable digital certificate that proves ownership of any digital asset. Most commonly, the token is an ERC 721 that is hosted on a blockchain and backed by a smart contract.
Any digital asset can become an NFT, including collectibles, art, music, videos, and even tweets. Because each non-fungible token is unique, it can’t be divided or replaced but can be resold to someone else in the marketplace.
The uniqueness offered by non-fungible tokens can be used to secure digital ownership, protecting intellectual property (IP) rights and creating value in the real world. Because of the clear advantages, we’re seeing rapid growth in NFT development around the world.
NFT’s ability to prove immutable ownership is an important progression in today’s increasingly digital landscape. Working with Blockchain Australia, businesses can create decentralised platforms and applications for the creation and management of non-fungible tokens. Businesses that introduce NFT platforms will have the capabilities to represent large numbers of users and investors, assets can be easily traded, and our development team will ensure the process is seamless for you and your customers.
Our technology stack includes protocols, ERC & EOS standards, smart contracts, dApps and smart contract audits.
Find out more
Our NFT consulting experts help you determine the best solution for your next big NFT idea
Disrupt the gaming industry with play-to-earn strategies
Australia’s multi-chain decentralised exchange ecosystem for NFTs
We’ve streamlined the NFT platform development process so you can stay a few steps ahead of your industry. Our services are designed to maximise efficiency and minimise risks, while building the most effective solutions from the industry’s best developers.
Your roadmap is defined by your business’ goals and the steps we need to take in order to get there. This stage includes estimated timelines along the way.
We’ll find out more about your target audience through conversations with you and our own market research. That way, we can uncover the best ways to solve their needs and provide a detailed audience report.
The security of your business is a major focus for us, and we don’t start the project until we have a complete security and risk assessment in place.
Our web developer works with you to define how users should interact with your NFT platform, to come up with the features and functionalities that will make it as user-friendly as possible.
This is where we work on the technology that powers your solution, including the development environment and structure of the platform. We’ll talk you through everything you need to know, even if you’re completely new to all of this.
Our design and development teams create a guide to showcase what your users will see when they interact with your non-fungible token platform. This helps us to optimise the user experience at every stage.
Once you have approved the interface, we’ll kickstart development. All functionalities will be implemented inline with what was previously defined.
Once we’ve gone live, we’ll carry out beta testing and bug fixing. Our aim here is to make sure the product works as it should do, is free of bugs, and has a robust level of security.
We work with leading blockchain technology experts in Australia and around the world. This puts our clients in the most beneficial position, as their combined skills and expertise will power your project. Working together, you can get access to the support, strategy and funding you need to drive success.
For more information about non-fungible token development, or to access our consulting services, contact Blockchain Australia™.
For more information about non-fungible token development, or to access our consulting services, contact Blockchain Australia™.
Got a quick question? Give us a call to speak with one of our blockchain consultants.
1300 462 562An NFT platform works like a digital “marketplace” where people can buy and sell non-fungible tokens. They can host the trade of anything from digital art to collectibles, virtual games and real estate. Non-fungible tokens can usually be transferred between platforms, browsers and servers, but they each have a unique code that works as a signature to authenticate the token on any platform.
Crypto collectibles are a type of non-fungible token. They describe digital assets that people can collect, such as fine art, gaming assets, certificates, and sports memorabilia, where ownership is verified and authenticity is confirmed. Users usually buy these tokens for investment reasons, or because they have a strong affinity to a particular brand or asset.
Non-fungible tokens are trending in the marketplace and we can’t see any signs of them slowing down, which is why new and seasoned investors want a piece of the action. You can launch a basic ERC721 on blockchains, and each platform will have a unique step-by-step guide.
You’ll need some knowledge of the crypto space, and can reach out to Blockchain Australia for help.
Fungible tokens are those that represent a standard value that can be traded in a like-for-like way, such as the Euro or the Australian dollar. They’re interchangeable and not unique; you can swap $5 for $5 and would still have the same value. Non-fungible tokens represent a unique asset (like ownership of a painting). They are not interchangeable and don’t hold the same value as other tokens of the same type.
Founder and CEO, Blockchain Australia™
