Question 1

How are assets stored? Can they be deleted?

Accepted Answer

Unlike traditional databases, we store the actual digital assets (images, videos) on IPFS (InterPlanetary File System). This ensures the file is decentralized and cannot be taken down or altered, guaranteeing the permanence of the NFT.

Question 2

Can users buy NFTs with a credit card?

Accepted Answer

Yes. While native purchases require crypto (ETH, MATIC), we can integrate Fiat-to-Crypto onramps like MoonPay or Stripe Crypto to allow users to buy NFTs directly with their credit cards.

Question 3

Which blockchains do you support for NFT marketplaces?

Accepted Answer

We build NFT marketplaces on multiple blockchain networks depending on your needs. For high-value art, we typically use Ethereum. For gaming or low-fee transactions, we utilize Polygon, Solana, or Binance Smart Chain (BSC).

Question 4

How do you handle royalties for NFT creators?

Accepted Answer

We embed royalty mechanisms directly into the smart contracts (using standards like ERC-2981). This ensures creators automatically receive a predefined percentage of secondary sales every time the NFT is traded, without relying on central authorities.

Question 5

Can users buy NFTs with fiat currency (credit cards)?

Accepted Answer

Yes. While native crypto wallets (like MetaMask) are standard, we integrate fiat on-ramps such as MoonPay or Stripe Crypto. This allows users to purchase NFTs directly using their credit cards, significantly lowering the barrier to entry.

Question 6

What happens if the NFT media files are lost?

Accepted Answer

To prevent data loss, we never store NFT metadata or media on centralized servers. We use decentralized storage solutions like IPFS (InterPlanetary File System) or Arweave, ensuring the digital assets remain permanently available and immutable.

Question 7

Is it possible to do lazy minting?

Accepted Answer

Yes, we highly recommend lazy minting for platforms with many creators. This allows creators to list NFTs without paying upfront gas fees; the NFT is only minted on-chain at the exact moment a buyer purchases it.

Question 8

How much does it cost to build an NFT marketplace?

Accepted Answer

A foundational NFT marketplace usually starts around $40,000 to $60,000. Platforms requiring cross-chain compatibility, complex auction mechanisms, fiat integrations, and extensive security audits can scale up to $100,000 or more.

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