BUSINESS VALUE SHOWCASE

Custom Blockchain Solutions To Develop an NFT Marketplace

Client : Collegiate Sports

Industry : Retail / Sports

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

Our team created 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 The client says about Our Work

“Blockchain technology is complicated, Elastech made 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
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