Creating a one-stop NFT solutions platform: In a conversation with ChainUp

Nonfungible token (NFT) infrastructure is rising, with extra individuals within the expertise than ever earlier than. Nonetheless, with this excessive magnitude of momentum, the trade must meet up with efficient options to meet customers’ wants with out complicating the general expertise. Cointelegraph talked to Jeff Mei, ChainUp chief advertising and marketing officer, concerning the present NFT panorama and methods to enhance it. 

1. Inform us about ChainUp.

ChainUp is a world-leading blockchain expertise service supplier. Based in 2017 and headquartered in Singapore, ChainUp implements a complete world operations technique, with subsidiaries working in Tokyo, Hong Kong, america, Canada, Toronto and others.

Because the chief in blockchain and crypto expertise companies, ChainUp has relentlessly strived up to now 4 years to embrace quite a lot of product traces, together with digital belongings buying and selling methods, nonfungible token(NFT) buying and selling methods, pockets infrastructure, plus mining and staking. We’ve constructed an end-to-end technical service provision platform to assist purchasers construct their product as effectively direct and allocate visitors, buying and selling volumes, and liquidity to the shopper. 

ChainUp has supplied blockchain expertise and monetary companies to over 1000 purchasers in each crypto and conventional finance industries in over 30 international locations and areas, which covers over 60 million customers.

2. What does ChainUp must do with NFTs?

ChainUp has launched an NFT buying and selling platform, which is split into privatized and SaaS variations. The privatized NFT companies contain market transaction processing, storage or different associated operational capabilities. We will present companies to purchasers by a decentralized server with each entrance and back-end code. The SaaS merchandise would contain a centralized NFT buying and selling platform that cooperates with ChainUp’s present change methods to offer an aggregated and concentrated NFT market. This might help scale back the difficulties of implementation and deployment for retailers. 

Inside the gaming area, we’re additionally getting ready an NFT gaming cloud platform the place suppliers can simply add their very own video games. This may synergize video games with blockchain and NFT capabilities reminiscent of in-game currencies, NFT (objects) possession, transaction processing or different associated functionalities. 

3. How precisely does the NFT function work, and who’re its potential customers?

ChainUp has varied NFT buying and selling methods options. We offer NFT expertise infrastructure companies to contributors within the area, by performing as a one-stop-shop sort NFT buying and selling platform. We create foundational infrastructure which might enable purchasers to have NFT transactions functionalities reminiscent of help for digital collectibles, artworks, valuables, belongings, securities and extra. The speedy integration and ramp-up time might help rapidly scale back tech and development-based obstacles to entry, which might allow the whole NFT trade as a complete to be extra environment friendly and convey in additional stakeholders and gamers.  

We’ve already created the technical infrastructure and basis each back and front finish for a number of the prime NFT marketplaces immediately. Lots of our underlying expertise and safety protocols are already being utilized by the highest family names within the NFT area.  

Our shopper base is anybody who needs to have the ability to have NFT buying and selling or storage options on their platform. This may be present crypto- or blockchain-based startups who need this pre-developed tech, or it can be gamers from conventional industries who additionally wish to enable their customers to carry and use NFTs on their platform. A few of our extra distinguished purchasers are tech firms who wish to use NFTs, artists, platforms that cope with collectibles or distinctive items, valuable metals, securities firms, or funding establishments. 

4. How are ChainUp’s NFT options completely different from its opponents?

At the moment, as NFTs have gotten an increasing number of mainstream, many NFT exchanges from startup to large-scale are starting to emerge. With this, additionally comes many service suppliers which might help them construct, enhance, and broaden their product choices.

One key benefit that ChainUp has, other than having the expertise as a four-year veteran within the trade, is that a lot of our NFT methods will be privately deployed and tailor-made to a shopper’s precise wants. Asides from a pre-packaged base, now we have many choices that may enable purchasers to entry probably the most superior functionalities in the marketplace. After all, these NFT options are only one part of the higher ChainUp ecosystem, the place customers even have entry to many integrative components of the opposite services we provide, which might help them create a extra complete platform and expansive product providing for his or her customers.  

5. What does the NFT answer roadmap appear like?

Our typical roadmap for our purchasers and customers consists first of a radical understanding of one another’s current-state merchandise, companies and future wants. We spend ample time with our purchasers to raised perceive their positioning within the area, their expectations, goal customers, and the objectives of the product.

From there, after figuring out the core enterprise wants, we will demo varied completely different choices that we will provide and additional to raised perceive how the necessities match up. After solidifying the precise custom-made package deal, we will begin deployment and configuration and have a number of conversations all through the build-out to verify every checkpoint is roofed, and the shopper is getting precisely what they require. Upon completion, we even have scheduled standing checkups to make sure easy operations all through the method. 

6. What do you concentrate on the present state of the NFT ecosystem? 

Identical to many different components of the higher crypto and blockchain world, the NFT area remains to be nascent. For the reason that early primary NFT creations in 2015-16, there was vital growth, particularly in its use circumstances and prominence in mainstream communities.

In 2021,  NFTs obtained on the map, led by Hollywood, in addition to globally well-known creatives and artists all over the world. This was an exquisite spark as a result of it touched on the essence of what the blockchain ecosystem wants as a complete: extra wide-spread and mainstream world adoption.

The widespread consciousness of NFTs  introduced a whole new wave of individuals into the blockchain and crypto ecosystem. Many individuals who didn’t personal cryptocurrencies and tokens  beforehand, had their first  publicity with NFTs. NFTs helped individuals garner the curiosity to be taught extra about crypto and resulted in a wholly new sect of the inhabitants getting their foot within the door. Now, as extra world-renowned firms, celebrities, and thought and media leaders are getting concerned, the bridge between the “conventional” world and the “crypto neighborhood” is getting nearer.