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The client owns an online marketplace that helps users mint, buy, and sell nonfungible tokens (NFTs). The platform has all the functional and technical prerequisites that make transactions of digital tokens smooth. It has a sleek interface, listing capabilities, an insights page, and bidding features that make NFT trading easy and fun.
Industry
Social
Tech Stack
The client approached Capital Numbers to develop this marketplace from scratch. They wanted this marketplace to be a community hub for NFT holders - where people can join to trade NFTs and chat with each other.
But there was more to it. We had to make this NFT marketplace decentralized to allow middlemen-free transactions. And for this, we had to deploy Blockchain-like capabilities like immutability.

To be more specific, our key challenges were around the following areas:
In short, we had to incorporate an extensive list of features to make token trading exciting for users.
Our Business Analyst oversaw the requirements and gathered a team of experts proficient in BigchainDB and MERN stack.
We used BigchainDB as the primary storage solution because it’s immutable and tamper-proof. So, once an asset or transaction is stored in BigchainDB, it cannot be altered.
BigchainDB also allows rich transaction-level permission settings and helps enforce selective access. It is highly customizable. It is also the most queryable database solution with Blockchain-like properties such as decentralized control. Powered by MongoDB, BigchainDB allows developers to run any MongoDB query to search entities like assets and transactions. Because of many such benefits, we considered BigchainDB the ideal fit for this project.
Additionally, we used IPFS to mint tokens and files. IPFS stores tokens along with their unique identification address. It makes fetching unique tokens from a whole array of apparently similar-looking tokens easier.

As for the backend environment, we used Node.js because of its scalability and time-saving development benefits. We chose React.js and Express.js for the frontend as they help develop lightweight UIs.
Additionally, the platform required the processing of Fiat-based transactions. So, we made provisions for the Fiat Wallet and integrated Stripe to facilitate all Fiat-based transactions. Besides, we added a chat box for users to connect. We also created an Insights page to help people visualize stats around token transactions.
After implementing everything, we thoroughly checked if all the marketplace rules worked fine. We then deployed the app in AWS, which offers unparalleled computing power.
Because we chose a well-curated tech stack, we could turn our client’s idea into a fully polished NFT marketplace perfect for newbies and experts. Here’s more on what the marketplace offers:
Users undergo a robust signup process with two-factor authentication (2FA) of their details like names, emails, passwords, countries, etc.
As users sign in, the platform requests a Fiat Wallet integration, and once users integrate it by linking their bank accounts to the platform, it prepares users for transactions.
Users must add sufficient money to their Fiat Wallet before proceeding with transactions.
Users can then browse a digital gallery of beautiful NFTs on this sophisticated storefront.
While browsing, users can filter NFTs based on the following categories:
CollectionsDeckDenomination
Dark Duck
Spades
A
Exclusive Stone
Hearts
2
Crypto Cards
Diamonds
3
Playing Arts
Clubs
4
PriceSaleRarity
Min Price
Fixed Sale
Crypto 45
Max Price
Auction
Crypto 34

After filtering, users can purchase the NFTs of their choice using the money in their Fiat Wallet.
After purchase, users can create an NFT collection list and choose to put out some for sale.
Users can sell their NFTs at a fixed price or at an auction.
If users choose to auction, they can set a countdown timer and the minimum bid price for buyers on the platform.
When NFTs finally get sold, users receive funds in their Fiat wallet, which they can reuse to buy more NFTs from the marketplace and earn profits.
Moreover, users can participate in exciting contests to win new tokens and collectibles.
By visiting the Insights page, users can see collection-specific analytics such as:
NFT CollectionPriceSale TypeTransaction Date & Time
Dark Duck
$5
Fixed Sale
10th May 2023, 01:54 PM
Crypto Cards
$4.50
Auction Sale
24th April 2023, 11:15 AM
Playing Arts
$8
Auction Sale
18th March 2023, 4:30 PM
So, those looking to buy and sell NFTs and earn good money can visit this platform to catch all the action.
NFT traders worldwide can also meet and greet each other via chat on this platform.
Thanks to the Blockchain-like immutable ecosystem Capital Numbers developed, traders can mint, buy, and sell as many NFTs as they want without risking their digital rights.
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