Technology

Our NFT marketplace contracts are built on the Binance Smart Chain (BSC) blockchain network. We chose the BSC network as we believe it fits our concept the best and our development team have had great earlier experiences with this network. In the future, we might consider extending to other networks if we believe it would benefit the company.

The Non-Fungible Token (NFT) contracts are written in Solidity using the Hardhat framework. We use the ERC-1155 token standard as it offers more scalability than the more frequently used ERC-721 NFT token standard. One of the benefits of ERC-1155 is that it supports batch transfers of NFT's, limiting the amount of gas each transaction uses, which in turn results in cheaper transfers.

The marketplace Frontend is built with HTML, TypeScript, React.js, and Redux. The backend is built in Node.js with Typescript.