BUSINESS VALUE SHOWCASE
Custom Blockchain Solutions To Develop an NFT Marketplace
Client : Collegiate Sports
Industry : Retail / Sports
I week
TO START
6 Person
CORE TEAM
90 Days
WORK
Rapidly expanding
MARKETPLACE
DIGITAL TRANSFORMATION GOAL
A Commercial NFT
Solution
This client chose us to develop a solution that would allow him to capitalize on the escalating interest in owning NFT-backed digital assets in sports.
PROBLEM
NFTs are unique, non-interchangeable digital assets stored on a blockchain. Developing a marketplace for NFTs is complex and the business value is often not immediately apparent.
SOLUTION
A proof-of-concept (POC) application for a marketplace that allows the public to buy, sell and trade NIL digital assets.
Business case assessment and brand concept creation
Architectural and high-fidelity UI/UX design
Iterative application development to create POC
TESTIMONIAL
What clients say about Us
“Blockchain technology is complicated, ELASTECH makes it understandable. Their experts built an amazing platform, delivered it on time, and did it on budget. We are now using the POC to raise money. We could not have done it without them.”
Senior VP
A Sports League
BUSINESS IMPACT
- Revenue increased by more than 27%
- Sports fans can now purchase digital assets via the marketplace
- Better protection of athletes by allowing them to control the use of their NIL assets
- Payment and ownership of the NFT are secured through Blockchain technology
Key Technologies
Flow
ReactJS
NodeJS
Google Cloud Platform
Docker
PostgreSQL
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