LONDON, Oct. 4, 2022 - ThunderCore is very excited to officially announce it's strategic partnership with the world's first non-fungible token (NFT) auction house, NFTmall. NFTmall has been quietly at work building a comprehensive platform for the NFT community that will offer amazing functionalities like NFT materialization – meaning the ability to redeem your digital assets as physical collectibles.
ThunderCore is a high-performance, EVM-compatible blockchain that offers sub-second confirmation times and gas fees at a fraction of a cent – in addition to world-class security and scalability. ThunderCore host a growing ecosystem that encompasses every aspect of the blockchain world, making it an ideal home for almost any project.
Together with NFTmall, ThunderCore plan to strive towards a future where NFTs are woven into the fabric of society and holding digital collectibles becomes as natural as keeping cards in user wallet.
What is NFTmall
NFTmall - Pioneers of Multichain GameFi Infrastructure & Phygital NFT Commerce
NFTmall is a multichain marketplace and NFT infrastructure provider that supports several other major blockchains in addition to ThunderCore, such as BSC, Ethereum, Avalanche, and Polygon. NFTmall aims to integrate the wider blockchain universe under its platform, where NFTs can be bought, sold, and traded in a one-stop shop with a robust API that manages all the interoperability and cross-chain traffic.
However, the platform is more than an average NFT marketplace. NFTmall currently supports "Zero coding knowledge required ERC 1155 & 721 NFT Collections minting! working on a feature that will allow for the mass physical redemption of NFTs, an idea so groundbreaking it's hard for NFT to even get our heads around it. Soon, on the platform, anyone who holds an NFT will be able to have its image printed on a wide array of merchandise that they can wear or keep in their living room.
Taking it a step further, the NFTmall team is developing another feature that will allow you to preview these physical objects in augmented reality form. Just fire up the cell phone app and point the camera at the wall where you plan to hang the picture frame, and users will be able to see in AR what it will look like in their apartment.
The platform has its native token, GEM, which users can earn through staking and liquidity mining, and it can also help users to increase the rankings and visibility of their NFTs. Meanwhile, if GEM is used as a payment option, Zero platform fees are available to NFT traders!
NFTmall = Multichain NFT infrastructure provider + Powerful NFT API + NFT materialisation service + Launchpad
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Navigating NFTmall on TT Wallet
NFTmall is an NFT marketplace on the ThunderCore blockchain, which allows users to buy, sell, and even list their own NFTs for sale!
NFTmall Introduces "Zero Code" ERC1155 & 721 NFT Collections Minting
NFTmall takes another step in revolutionalising the blockchain space together with easing the use of NFT technology to the everyday end user. On the 30th of September, NFTmall introduced ERC-721 & ERC-1155 NFTs Custom Collections Minting with Zero Coding Knowledge Required.
Currently, NFTmall operates on 4 smart-contracts chains simultaneously, which include ThunderCore, Evmos, BSC and BitTorrent. Soon to integrate on ETH, Polygon & Avalanche.
Let's unfold what is all about
At NFTmall, we believe in creativity, innovation & process simplification. Following this motto we have been building since 2020 & constantly improving and scaling the platform. Ensuring the best user experience & innovation has always been our priority for our lovely users. NFT will be going to build more features and scale on any market conditions. NFT is here for the long run.~ MD Rakib Ahamed (CEO & Founder)
ERC-1155 NFTs: What are they and How to Mint them
To wrap things up, ERC-1155 is a token standard that uses a single smart contract to represent multiple tokens at once.
This is similar to how ERC721 does things, but in that standard, a token id has no concept of balance. Each token is non-fungible and exists or doesn't.
The ERC721 balance of function refers to how many different tokens an account has, not how many of each. On the other hand, ERC1155 accounts have a distinct balance for each token id, and non-fungible tokens are implemented by simply minting a single one.
This approach leads to massive gas savings for projects that require multiple tokens. Instead of deploying a new contract for each token type, a single ERC1155 token contract can hold the entire system state, reducing deployment costs and complexity.
It means one can create multiple numbers of NFTs in a single transaction
Traditionally to mint, an ERC1155 NFT collection required coding knowledge. NFTmall simplified this process and made collection minting available to anyone in a few clicks!
✨ This Mint type is extremely useful for gaming projects that chose to use NFTmall to mint their project NFT assets, and for users or crypto projects trying to mint/sell multiple NFT assets of the same content quickly.
