SoluLab developed an NFT marketplace for Mighty Jaxx
NFT Marketplace
Integrating social media-like features into an NFT marketplace is revolutionary; Mighty Jaxx can leverage this feature to become a niche market leader.
INDIA, Nov. 15, 2022 /EINPresswire.com/ — SoluLab is excited to share its successful collaboration with Mighty Jaxx, an award-winning integrated future culture platform. Mighty Jaxx, a well-known company that sells toys that make children smile with their unique toy collections, chose SoluLab as their technology partner. Their idea is to set up a secondary marketplace of minted NFTs based on their toy collections. Based on the specific demand, Mighty Meta is able to list NFTs only from Mighty Jaxx’s collections.
Here’s the project background: Mighty Jaxx’s admin panel is packed with various features aimed at enhancing the secondary marketplace experience. Some of the best features of the admin are –
1. Single royalty management panel with royalty management systems enabled on all collections
2. Easy access to NFT collection view
3. Platform Fees Section with Real Time Update System
4. Marketplace report showing purchase, sale, import and export details
In addition, admins can add or remove imported NFT collections from the end user list, so it is now possible to trade NFTs in exchange for the best price. Currently, the complete Mighty Jaxx platform supports two chains – ETH and MATIC.
What are some of the key differentiators?
In the royalty management section with advanced royalty management filters, the administrator can get different reports based on different NFT collections. Additionally, admins can set different royalty percentages by integrating multiple wallets with customization to address royalties to different wallets.
To stay away from unwanted activities in the market, SoluLab has enabled a premium user blocking system. Now administrators can prevent inappropriate and malicious actions in the marketplace with individual user blocking systems.
Another factor that helps Mighty Jaxx beat the competition is its huge offline follower base. Combining Facebook and Instagram, Mighty Jaxx has had more than 250,000 followers since entering the market in 2012. Mighty Jaxx has also collaborated and worked with renowned international brands such as Nickelodeon, Warner Brothers, DC Comics and Cartoon Network.
With NFT offers, virtual collectibles with offline purchases can help them introduce their offline customers to their marketplace. Through this, Mighty Jaxx can easily establish a strong presence in the toy collectibles market.
NFT marketplace with a social media familiar attitude, users can follow other users to access their collections. Integrating social media-like features into an NFT marketplace is revolutionary; Mighty Jaxx can leverage this feature to become a niche market leader.
About SoluLab
SoluLab Inc is a leading provider of blockchain, AI and IoT solutions, started by the former VP of Goldman Sachs and former Chief Software Architect of Citrix.
1. We have 1500+ customers in 30+ countries with a 97% success rate.
2. Some of our customers from the insurance industry are Cigna, Heritage Insurance, MetLife, Swiss Re, New York Life and 10 more.
3. Ranked 33rd on Deloitte’s 2020 Technology Fast 500™ list.
4. Top Blockchain Development Company by Goodfirms, Clutch and Gartner in 2020 and 2021.
5. Microsoft Silver Certified Partner, Google Developer Certified Agency and Hyperledger Certified Service Provider.
6. Video Testimonial from AnrKeyX COO, who we helped raise $2.2 million in funding through our MVP development – https://bit.ly/3RZzFAS
Utpal Betai
SoluLab
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