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Semi-Fungible Token Development Services

An emerging concept to enhance blockchain technology for real-world applications.

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Semi-Fungible Token Development

Non-fungible tokens are playing quite a dominant role in today's crypto world and have changed the ways how things are owned in the digital world. A semi-fungible token retains the properties of both fungible and non-fungible tokens. Like any regular fungible tokens, it allows swapping and trading of identical tokens, but once they are redeemed, they become non-fungible. The gas fee of transactions is low since only one smart contract is used to complete the whole transaction.

Why SFT Development Services?

Non-fungible tokens have revolutionized the ownership of assets done in the digital world. Due to the introduction of the NFTs in crypto, the ownership of a digital asset can be represented in an immutable, secure, and transparent way. However, the process of changing the collection of the whole NFT is slow.

Although the SFTs will take some time to fill in the spaces of NFTs, the trend is spreading immensely. A highly versatile token since it supports both fungible and non-fungible tokens. A single smart contract to make various NFTs results in a low-cost gas fee.

With Blockcoders, launch your SFT token, and individuals like artists, gamers, and brands can leverage SFTs to put various fungible and non-fungible tokens into one contract and thus save cost.

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Advantages of Semi-fungible Token Development
Gaming Ploy

SFTs are popular in the online gaming system. They're used to represent currency, weapons, or other items in online games. When these SFTs are traded between different players, their usage history and value are recorded.

Maintained Value

A semi-fungible token remains fungible even after trading. Once traded from the owner SFT retains its value and enables increased liquidity, and can be easily bartered across different exchanges.

Multifarious use case

The SFTs are verifiable, they help in verifying the attributes of different tokens. It can be used as a non-fungible asset and single ticket. There are various ways in which SFTs can be used.

Flexible

Semi-fungible tokens are more adaptable than fungible and non-fungible tokens. As a result, these provide gamers and players with the best experience possible.

Unique Selling Point

To enter a competitive market business, innovators have their own precise traits. Unlike other tokens, SFTs are ERC 721 capitulating, giving them a clear advantage over competitors.

NFT Illustration

An SFT token can be both fungible as well as non-fungible. It allows you to buy and sell tokens in fractions.

How Can Our Services Benefit Your Business?

  • Branding of your platform

    Owning a cryptocurrency can help increase the value of your brand. It helps you create a professional appearance among others.

  • Widespread User Base

    The semi-fungible tokens can be used to circulate the buzz about your company through airdrops and incentives. It can result in more signups and an enormous user base.

  • Exchange

    Tokens earned can be sold and exchanged on various cryptocurrency exchanges. They hold and store long-time values over time.

Develop your SFT with us

Today, Blockchain technology has achieved the prime mark in technology. And with this, NFTs have become popular in the crypto world due to their secure, immutable, and ownership nature. But unlike any other technology, these NFTs have rare shortcomings, such as usability being only in limited places, which can be overcome with SFT. These virtual tokens have a lot more utility, creating some liquidity for the assets in the process. Semi-fungible token development involves the usage of ERC-1155 and EIP-721 token standard that helps in token transferring collections quickly and effectively.

Uses of Semi-Fungible Token

Game Asset

Semi-fungible tokens development for blockchain games can help tokens with a utility to make them work as currency and assets in the game.

Event Tickets

Redeemable semi-fungible tokens can be used as tickets before and collectibles after the event.

Coupons

The semi-fungible tokens can be accustomed for a voucher or gift, and non-fungible tokens after redeeming.

Why Choose Blockcoders For Your Semi-Fungible Token Development Services?

Our technical team helps you refine your offerings and suggests the best-tech support. We help you shape your dream project.

We create a safe and secure environment to help users trust us and our loyalty towards their project. We follow simple methods and offer follow-ups.

We provide potential solutions to help our clients grow and manage the increased demand.

Even after the delivery of the project, we offer complete support to our clients to help them understand the project so that they can grow their business.

Our Blockchain Tech Expertise

Our primary technology services for the development of NFTs are listed below.

Contact us

Let us know more about you! We'd love to hear if you have any questions for us. See if we can help you with your projects.

WHERE TO FIND US

Contact Detail

C 177(A) Ind Area, Sector 74, Sahibzada Ajit Singh Nagar, Punjab 160074

+91-7888709549
info@blockcoders.pro

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    In your mind you know a million ways to improve how things work. Putting them into practice, applying them in the real world producing results, is where the real challenge lies. This is where we come in! We are a Start-up backed with over 18 years of experience and more than 10,000 happy clients across the globe.

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    C 177(A) Ind Area, Sector 74, Sahibzada Ajit Singh Nagar, Punjab 160074

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    +91-7087369445

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