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Semi Fungible Token Development
Semi Fungible Token Development
Tokens that can have a mix of fungible and non-fungible tokens.
Each token can represent a small share in a asset (Property not given by NFTs).
Represent Digital assets that can be traded and exchanged in a more flexible way than NFTs.
Semi-fungible tokens (SFTs) are digital assets that have some, but not all, of the characteristics of non-fungible tokens (NFTs).
Like NFTs, SFTs are unique and cannot be exchanged for other tokens on a one-to-one basis. However, unlike NFTs, SFTs can be divided into smaller units or be combined with other SFTs to create new tokens.
An example of an SFT is a token that represents a share in a virtual real estate property. The token itself may be unique, but it can be divided into smaller units (e.g. 1/10th of the property) or combined with other SFTs to create a larger property.
SFTs can be used in a variety of applications, including virtual economies, prediction markets, and games. They offer a way to represent digital assets that are unique but can also be traded and exchanged in a more flexible way than NFTs.
What are Semi Fungible Tokens (SFTs)
NFT Development
Semi Fungible Token Development Services
Provide fungibility to your non-fungible tokens.
Chainversum provides you end-to-end SFT token development services so that you can use a single smart contract to represent multiple tokens at once.
Why SFT Development Services?
NFTs changed the way ownership of assets was represented in the digital world. Because of NFTs, we can represent the ownership of an asset in an immutable, transparent, and secure way. However, transferring an entire collection of NFTs is slow and inefficient. Therefore, the next-generation multi-token standard known as SFT development is becoming increasingly popular.
By choosing to create semi fungible token, the batch token transfers become easier as it supports both non-fungible (NFTs) and fungible tokens. A single contract is used to make various types of NFTs, resulting in reduced gas fees.
With Chainversum's Launch your SFT token, individuals like artists, gamers, and brands can leverage the capability of SFTs to put different tokens into one contract. This not only saves cost but also simplifies the management of tokens.
Semi Fungible Token Development Benefits
Benefits for Token Holders
Benefits for Token Creators
Our Technology Expertise
Blockchains expertise
Chainversum team has a strong understanding of blockchain technologies and how they can be used to create and manage SFTs. This includes expertise in blockchain platforms such as Ethereum, EOS, or TRON.
Token design
We design the SFTs in a way that meets the needs of the intended use case and complies with any relevant regulations. This involves creating a token standard, such as ERC-721 (for Ethereum), and implementing the necessary functions and logic in the smart contract.
User experience design
If the SFTs will be used by end-users, Chainversum team has expertise in user experience (UX) design to ensure that the tokens are easy to use and intuitive.
Smart contract development & Testing
We have expertise in writing and deploying smart contracts on blockchain platforms that are used to create and manage the SFTs. This includes expertise in a programming language such as Solidity (for Ethereum), Go (for EOS), or Rust (for TRON).
Project management
The team is able to manage the development process effectively, including tracking progress, identifying and addressing risks, and coordinating with stakeholders.
Why Choose Us to Develop your Semi Fungible Token
By partnering with Chainversum you can rely on a team of technical experts with real-world experience creating success stories.
Expertise
Our team has extensive experience in developing SFTs and has the technical skills and knowledge necessary to deliver high-quality solutions. We have expertise in blockchain technologies, smart contract development, and token design, and can develop SFTs on a variety of platforms, including Ethereum, EOS, and TRON.
Rapid Development
We deliver customized products suited to your target audience. A coherent roadmap ensures smooth and accelerated development and deployment.
Quality
We take pride in the quality of our work and have a rigorous testing and quality assurance process to ensure that our SFTs are reliable and meet the needs of our clients.
User experience
We understand the importance of user experience (UX) and strive to create SFTs that are easy to use and intuitive for end-users. Our team has expertise in UX design and can help ensure that your SFTs are a pleasure to use.
Customization
We understand that every client has unique needs and requirements, and we are committed to delivering custom solutions that meet your specific needs. Whether you need a simple or complex SFT, we can help you design and develop a solution that meets your requirements.
Support
We believe in building long-term relationships with our clients and are committed to providing ongoing support for our SFTs. We are always available to answer questions and provide assistance to ensure your continued success.
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