Token Development

The crypto space with endless possibilities surprises its users with new tech frequently. In line with that, a next gen NFT tech called Move-to-earn NFT has become the latest craze among several NFT enthusiasts and crypto investors. In this blog, lets discuss in detail about this hot topic “Move To Earn NFTs”. What is Move-To-Earn NFT?   The term ‘move-to-earn’ was first introduced by a Web3 lifestyle application called STEPN in the year 2021. The idea of Move-To-Earn or M2E platform is a new gaming strategy that aims to attract the users by giving them rewards in the form of NFTs for just simply moving around. This M2E concept works similar to play-to-earn platforms. Unlike in play-to-earn games, here the players can earn rewards just by walking, jogging, dancing, or by any other simple physical movements.   What Makes M2E NFTs Exciting?   So far NFTs are being considered as the biggest thing in the crypto world. The concept of play-to-earn NFT games is obviously a huge ...

ERC1155 Token Development     ERC1155 Token Development is a process of creating fungible tokens, non-fungible tokens & semi-fungible tokens in one single contract. In this ERC1155 tokens multiple NFTs can be deployed on a single smart contract thus increasing the efficiency by reducing the number of transactions. Minimal gas fees offered by the ERC 1155 token are loved by most the users to make a reliable transaction at a budget-friendly price.   As the demand rises for ERC 1155 tokens, the business started blooming by grabbing this opportunity. Instead of creating the token and coding it with standards a reliable way is to hire a developer at the ERC1155 Token Development Company . By doing so you can eliminate the tedious development process and deploy your ERC 1155 token to the NFT marketplace within a short span.   Features of ERC1155 Token Development   Below mentioned are the unique features and functionalities of ERC1155 tokens.   Batch Balance ...

The cost range to create an NFT Token of your own starts from minimum to maximum and it mainly depends upon the ideas that you have about your NFT and also it depends upon gas fee, the cost of the gas fee will vary it depending on network suggestion. It may also differ based on how many tokens are needed for your projects.   How much does it cost to create an NFT?   Before getting into the cost, let's have a look at how can you create your own NFT. To make your own NFT, you have two possibilities.   i) Hire a development team to create the platform from the ground up.   ii) Prefer a ready-made script that is tailored to your business needs.   Examine the differences between making NFTs from scratch and using a ready-made solution.   Creating an NFT from Scratch:   While designing an NFT from scratch, it can take up to months to create a fully functional NFT product. A startup's hiring some skilled developers and forming a team in order to launch of an ...

When it comes to token creation, various popular blockchains are out there in the crypto world where the users can launch their effective tokens. Among those blockchain networks, Ethereum is one of the most famous blockchain platform that has been majorly used to create crypto tokens. Although the Ethereum is a widely used blockchain platform for token development, it also has some minor drawbacks like time delay, heavy transaction fee etc.   As a solution to such difficulties faced in Ethereum, Polygon has been launched. This Polygon network is a multi-chain solution that offers many features to enhance the speed and lower the cost of transaction in a token development process. This makes Polygon network the best platform to create tokens.   Benefits of Token Development on Polygon Matic   Below mentioned are some of the major advantages of creating a token on Polygon network.   1) Increased Scalability. 2) Interoperable. 3) Easy to Code. 4) Low Transaction Fee. 5) ...