Semi Fungible Token Development Services
Provide fungibility to your non-fungible tokens
Semi Fungible Token Development
A semi fungible token (SFT) possesses the properties of both fungible and non-fungible tokens and that is what makes it even more interesting. A semi fungible token remains fungible until it is used for a specific purpose. Bizgroundup provides you end-to-end SFT token development services so that you can use a single smart contract to represent multiple tokens at once.
Why SFT Development Services?
NFTs changed the way ownership of assets was represented in the digital world. Because of NFTs, we can represent the ownership of an asset in an immutable, transparent, and secure way. However, transferring an entire collection of NFTs is slow and inefficient. Therefore, the next-generation multi-token standard known as SFT development is becoming increasingly popular.
By choosing to create semi fungible token, the batch token transfers become easier as it supports both non-fungible (NFTs) and fungible tokens. A single contract is used to make various types of NFTs, resulting in reduced gas fees.
With Bizgroundup’s Launch your SFT token, individuals like artists, gamers, and brands can leverage the capability of SFTs to put different tokens into one contract. This not only saves cost but also simplifies the management of tokens.
Bizgroundup’s Semi Fungible Token Development Services
We perform SFT development using the ERC-1155 multi-token standard. This allows each token ID to represent a new token type that can be easily configured to have different attributes altogether.
The salient features of our SFT development services include the following:
Create a token that can have a mix of fungible and non-fungible tokens.
Each token under this token will have attributes like token ID, token count, and metadata.
Professional methodology to develop SFT token with end-to-end support.
Semi Fungible Token Development Benefits
Easy management of fungible and non-fungible tokens
Open, easy, and affordable minting
Even when the tokens are bundled under one smart contract, the owner can unbundle them and trade each token separately
Only one smart contract is required to control both fungible and non-fungible tokens
Why Choose Us to Develop your Semi Fungible Token
By partnering with Bizgroundup, you can rely on a team of technical experts with real-world experience creating success stories.
We exclusively work in Blockchain technologies. We do one thing, and we do it well.
We have 300+ experts who help you refine your offering, suggest the best tech approach, and even help set up communities and campaigns.
We deliver customized products suited to your target audience. A coherent roadmap ensures smooth and accelerated development and deployment.
Our work does not end with the product launch. We provide extensive post-delivery services so that you can focus on your growth.
We create a tangible impact. We make sure you see value from your investments.