Web · 2021-07-07

New startup takes pain out of minting, listing & selling NFTs – Startups


New startup

Minting & selling Non-Fungible Tokens(NFTs) is all the rage right now. However, for the uninitiated, the crypto-based process & the non-transparent costs involved can be more than a little intimidating. “NiftyKit”, a new startup founded by Dan Carr in 2020 aims to simplify & reduce cost of minting NFTs for creators.

NiftyKit offers a suite of tools that gives creators & businesses an opportunity to mint & trade NFTs without prior technical experience with the blockchain.  Also, the platform allows users to try out the tools free to eliminate the reluctance many creators have about hidden costs.

One of the biggest draw cards that this new startup has is that they offer gas-free transactions. Since the platform mints NFTs on the Polygon blockchain as opposed to more traditional blockchains, the entire process is cheaper & much faster – Polygon(formerly Matic) is a low-carbon emission cryptocurrency & operates on level 2 of the Ethereum platform as a side-chain.

As a SaaS platform, NiftyKit affords users the opportunity to mint, manage & sell unlimited NFTs for a low monthly subscription fee. Users do not need to buy into the system using cryptocurrency. Instead, they can use their credit card/USD to trade. Therefore, NiftyKit is far more user-friendly to the average creator or business.

 NiftyKit’s subscription also unlocks secondary tools to creators so that they can initiate customizable smart contracts, & other tools to leverage a market oriented set of products & build a community of buyers around their NFTs. The service not only allows users to list & sell their NFTs it allows them to promote their listings on social networks & even sell on third-party Marketplaces like OpenSea.

This new startup does not restrict file size so creators can upload images & videos in their raw format to the IPSF (InterPlanetary File System), which ensures that they retain their original quality. So if you’re interested in creating NFTs try NiftyKit, you can’t lose anything with their free trial.

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