BUSINESS VALUE SHOWCASE
Custom Blockchain Solutions To Develop an NFT Marketplace
Client : Collegiate Sports
Industry : Retail / Sports
![Custom Blockchain Solutions To Develop an NFT Marketplace](https://epgfey97r4q.exactdn.com/wp-content/uploads/2023/03/interface_01_no-rounded-corners-1.jpg?strip=all&lossy=1&ssl=1)
![Custom Blockchain Solutions To Develop an NFT Marketplace](https://epgfey97r4q.exactdn.com/wp-content/uploads/2023/03/interface_01_no-rounded-corners-1.jpg?strip=all&lossy=1&ssl=1)
![time-to-start icon](https://epgfey97r4q.exactdn.com/wp-content/uploads/2023/03/light-icon.png?strip=all&lossy=1&ssl=1&fit=44%2C44)
I week
TO START
![team icon](https://epgfey97r4q.exactdn.com/wp-content/uploads/2023/03/user-icon.png?strip=all&lossy=1&ssl=1&fit=44%2C44)
6 Person
CORE TEAM
![calender icon](https://epgfey97r4q.exactdn.com/wp-content/uploads/2023/03/calender-icon.png?strip=all&lossy=1&ssl=1&fit=44%2C44)
90 Days
WORK
![marketplace icon](https://epgfey97r4q.exactdn.com/wp-content/uploads/2023/04/marketplace-icon.png?strip=all&lossy=1&ssl=1&fit=44%2C44)
Rapidly expanding
MARKETPLACE
![Developing a commercial NFT solution](https://epgfey97r4q.exactdn.com/wp-content/uploads/2023/03/image-247.png?strip=all&lossy=1&ssl=1)
DIGITAL TRANSFORMATION GOAL
A Commercial NFT
Solution
![Developing a commercial NFT solution](https://epgfey97r4q.exactdn.com/wp-content/uploads/2023/03/image-247.png?strip=all&lossy=1&ssl=1)
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
![NFT marketplace that allows the public to buy, sell and trade NIL digital assets](https://epgfey97r4q.exactdn.com/wp-content/uploads/2023/03/clients_digital-asset-marketplace_bottom-image-1.jpg?strip=all&lossy=1&ssl=1)
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](https://epgfey97r4q.exactdn.com/wp-content/uploads/2023/03/3412.png?strip=all&lossy=1&ssl=1)
Flow
![React JS](https://epgfey97r4q.exactdn.com/wp-content/uploads/2023/03/3408.png?strip=all&lossy=1&ssl=1)
ReactJS
![node js](https://epgfey97r4q.exactdn.com/wp-content/uploads/2023/03/3409.png?strip=all&lossy=1&ssl=1)
NodeJS
![google cloud platform logo](https://epgfey97r4q.exactdn.com/wp-content/uploads/2023/03/3404.png?strip=all&lossy=1&ssl=1)
Google Cloud Platform
![docker](https://epgfey97r4q.exactdn.com/wp-content/uploads/2023/03/3410.png?strip=all&lossy=1&ssl=1)
Docker
![Postgre SQL](https://epgfey97r4q.exactdn.com/wp-content/uploads/2023/03/3411.png?strip=all&lossy=1&ssl=1)
PostgreSQL
Learn more or have a similar project?
![Lets-work-together](https://epgfey97r4q.exactdn.com/wp-content/uploads/2023/02/let-work.png?strip=all&lossy=1&ssl=1)