Blockchain App Factory's Futuristic Innovation by collaborating DeFi & NFT with Physically-Redeemable NFT Marketplace Development

CHENNAI, India, June 11, 2021 /PRNewswire/ -- NFTs have taken the crypto world by storm and definitely, 2021 is the year of NFTs. Its position is further strengthened by emerging as the next big thing in the world of decentralized finance. We strongly believe that a decentralized NFT marketplace paves a path to develop a transparent NFT environment by utilizing the mightiness of DeFi and eCommerce. And our marketplace is the outcome of this sturdy amalgamation.

The Exquisite NFT Marketplace:
Blockchain App Factory comes up with the ingenious idea to develop a physically redeemable NFT marketplace, which allows the users to purchase, sell, mint, and stake NFTs. Our physically-redeemable NFT marketplace development is the next-gen marketplace that uses redeemable tokens to bring real value to the NFT market. The users can create and handle NFTs based on the value of real physical objects.

Being decentralized commerce (DeCo), our platform enables the NFT owners to redeem their assets into a physical object. For instance, the purchased assets such as a collectible card, character or photo, can be redeemed into a physical object such as clothing, toy, etc. It is a multichain-operational NFT marketplace that facilitates the participants to establish connections between multiple networks.

NFT + Defi = Future of eCommerce:
The integration of NFTs has made eCommerce platforms transform to a whole new level. We support modernizing eCommerce platforms that facilitate an ecosystem to create and trade NFTs. It links the digital NFT and real-world physical products with the robust power of blockchain technology.

Perks of our Physically-Redeemable NFT Marketplace:
Our NFT marketplace has its own indigenous token that gives governance rights to the users. Staking these tokens will enable them to receive exhilarating rewards. Our fascinating dividend model makes the token holders get a share from the platform's fees.

Blockchain App Factory takes immense pride in launching the multichain-operational, physically-redeemable, and decentralized NFT marketplace. Our platform lends a supportive hand to make NFTs meet eCommerce. And guess what? It is now easy to redeem your NFTs into real-world products, and our marketplace gives the perfect authenticity for its users.

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SOURCE Blockchain App Factory