NFTKEY — a decentralized NFT marketplace. It was officially launched on March 26, 2021. The platform allows you to trade, bet, buy and sell NFT Ethereum and Binance Smart Chain without any centralized servers. All these events and activities are recorded in a chain for complete transparency and accessibility.
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Description of the NFT KEY project
The project interface interacts with the NFTKEY Marketplace smart contract on the blockchain directly. All listing and trading activities are P2P transactions without the involvement of any centralized services.
In addition, all listing and bidding activities generate transparent event logs. One example is that some of the NFT collections, listed on the marketplace, have created their own Telegram bots for collectors to see events, generated by smart contracts. Sites like OpenSea and Rarible take a semi-centralized approach, offering free gas fees for listing and bidding, helping users to sign some of these transactions through their own servers.
Project advantages:
| 1 | The marketplace allows you to trade, bet, buy and sell NFT Ethereum and Binance Smart Chain without any centralized servers. |
| 2 | Provides a Solidity interface for easy smart contract integration for Ethereum and Binance Smart Chain NFT collections. |
A 100% decentralized approach means gas charges are inevitable at every stage. Meanwhile, NFT KEY charges much lower service fees than the current industry standard. Major NFT marketplaces charge a service fee of 2.5%. The NFT KEY Marketplace smart contract charges a service fee of only 1%.
Additional information
At the moment, White Paper and RoadMap are not available on the site. The developers provide a blog on the Medium platform. With it, you can get more information about the job.
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The smart contract doesn't have an audit.