The future of the technological world has set a course towards the domain of digitalization. This futuristic revolution paved the way for cryptocurrency. The concept of cryptocurrency is very simple and it is a mode of payment for the customers in the digital marketing globe. The rise of cryptocurrency has introduced many finance applications and platforms. Non-fungible tokens are the latest crypto platform that has gained massive popularity among the crypto community.
What Are Non-Fungible Tokens?
Non-fungible tokens, also known as NFTs, are a digital certification for the authenticity of a digital product. It also can be represented as a digital asset in the platform. NFTs are unique and non-identical, they cannot be traded since each NFTs carry a certain value. Blockchain technology has taken crypto projects to the next level. Non-fungible tokens are built on a blockchain network. This powerful technology stores the transaction data of the user’s purchases securely. Thus, it eliminates fraudulent activities like replication, manipulation, and deletion of data.
NFTs can be represented as music files, image files, audio files, domain names, trading cards, virtual real-estates, etc. Non-fungible tokens can be represented as any physical asset that is being digitized. NFTs in the crypto world are vast in quantity and many varieties of non-fungible tokens are present. CryptoPunk is the first type of non-fungible token that was introduced, and it has gained a huge level of popularity at its initial stages. The integration of NFTs into the gaming realm has uplifted the popularity of NFTs among the common audience. This rapid rise in popularity has made major business models take a keen interest in the world of NFTs. Many business entities are shifted towards developing their own type of NFTs and trade them on a marketplace to yield profits. We at Blockchain App Factory provide NFT services for business models that are interested in developing their own NFT like CryptoPunks.
Why is CryptoPunk Is So Popular?
CryptoPunk is the first type of non-fungible token that was created by Larva labs. This type of NFT is a 24×24 dimensional, 8 bit-style image representation. These images represent the London-punk style characters with distinctive character designs. There are around 10,000 punks, where all the punks are unique. The primary reason for its popularity is because of the varieties of punks that are available in the platform, all are unique and distinctive, and it was at the initial stages of NFT development, its distinct features captured the interests of the audience.
Our Development Services For Creating An NFT Like CryptoPunks
- At first, we analyze the requirements and study the type of non-fungible tokens the customer wants to create.
- We make use of the expertise that we possess in blockchain technology, and provide a suitable solution.
- We integrate a digital wallet that is compatible with the chosen blockchain technology.
- The specified type of NFT is developed by our NFT development team and the framework is built by our user-interface team.
- The description of the NFT like CryptoPunks is added, which includes the price range, bidding time, and availability.
- At the final stage, testing is done to eliminate bugs and produce a smooth operational token and the created new NFTs are deployed into the crypto market.
Future Of Non-Fungible Tokens
The popularity level has been enormous for non-fungible tokens. The support for this type of crypto service is provided immensely by well-known business models, celebrities, and social influencers at a large scale. It is enabling the common audience to take interest in selling and buying digital assets in the marketplace platform.
In the near future, NFT like CryptoPunks is expected to take over the digital marketing world, as everything is digitized in recent times. In the older times, it was very difficult to trade arts and assets due to the interference of a third party or a centralized body. Non-fungible tokens completely eliminate the presence of third-party intermediaries as they are decentralized and built on a blockchain network, thus providing a smooth transaction experience for the users.
Why Hire Blockchain App Factory?
Blockchain App Factory is one of the most proficient NFT development companies in the crypto world. We have professional experience in developing NFT like CryptoPunks. In the past, we have developed many non-fungible tokens and NFT marketplaces for customers. Our blockchain expertise in this field is unparalleled. We develop digital tokens on different blockchain platforms, such as TRON, EOS, Binance Smart Chain, Ethereum, etc. Our primary aim is to develop the crypto project according to the specifications of our customers. The customer’s desired specifications are also merged with our very own features to make the crypto project more efficient. We at Blockchain App Factory dedicate ourselves to providing the best post-deployment and post-marketing services to our customers to uplift their newly developed NFT like CryptoPunks to the next level. We provide 24×7 round-the-clock services to our customers and make sure they become the best business model in the crypto space. To make avail of our NFT development services, contact us soon!