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NFT Auction Platform for Decentral Inc.

Services Covered:

Blockchain Development
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Industry
Industry

Information Technology

Duration
Duration

4 months

Budget
Budget

Confidential

Start Date
Start Date

1 February 2024

Team Size
Team Size

1-5

Engagement Model
Engagement Model

Offshore

Project Capability Score (PCS)

gauge meter
78/100
Good

Project Capability Score (PCS) estimates how capable Blockchain Technologies is of successfully delivering a project like this, based on its past experience, track record, and ability to handle similar work. Learn more about PCS

Client

Decentral Inc.

mapToronto, Canada

Project Summary

Blockchain Technologies built an NFT auction platform and integrated smart contracts for a Canadian blockchain firm (Decentral Inc.). The platform supported IPFS-hosted NFTs, ChainLink VRF for randomness, and DAI/MATIC payments, successfully raising significant funds and increasing user engagement. The vendor adhered to timelines, implemented changes quickly, and maintained strong project management throughout delivery.

Key Challenges

  • Build an NFT auction platform to enable capital raising
  • Integrate smart contracts and provable randomness to ensure transparent auctions

Project Deliverables

  • NFT auction platform
  • Smart contract integration
  • Pre-minted NFTs hosted via Pinata IPFS
  • ChainLink VRF integration for randomness
  • Support for DAI and MATIC payments
  • Leaderboard and bid history features

Project Solution

Blockchain Technologies developed an NFT auction platform with smart contract transparency and integrations to support fundraising. The solution featured pre-minted NFTs hosted on Pinata IPFS, payment support for DAI and MATIC, ChainLink VRF for provable randomness, and user-facing features such as tiered NFTs with APR%, a leaderboard, and bid history. The small vendor team (2–5 people) managed development and delivered the scope on an agreed timeline.

Project Outcome

  • Successfully raised significant funds by auctioning the top premium NFTs (all top 20 sold)
  • Increased number of DAI and MATIC transactions
  • ChainLink VRF integration improved auction transparency and user trust
  • Significant rise in user engagement driven by leaderboard and bid history features

Platforms

  • BlockchainBlockchain
  • WebWeb

Tech Stack

  • IPFSIPFS

Client Endorsement

Overall Review Rating

5star

Timeliness

Cost Rating

Willing to Refer

Quality of Deliverables

“Through the auction platform, the client was able to raise a significant amount of funds, meeting their expectations. Blockchain Technologies manifested their professionalism by always adhering to timelines and addressing queries and concern promptly. They were also quick to implement changes.”

Anthony Di Lorio

CEO & Founder

Note: This endorsement is based on publicly available client feedback from external review sources.

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