Developing semi-fungible tokens
The semi-fungible token (SFT) combines the properties of both fungible and non-fungible tokens, which makes it even more intriguing. As long as a semi-fungible token is not used for a specific purpose, it remains fungible. We offer end-to-end services for developing SFT tokens so that you can represent multiple tokens with a single smart contract.
What makes SFT Development Services different?
Asset ownership in the digital world has been changed by NFTs. As a result of NFTs, we can immutably, transparently, and securely represent asset ownership. However, transferring an entire collection of NFTs is time-consuming and inefficient. SFT development is becoming increasingly popular due to its next-generation multi-token standard.
As Semi Fungible Token Development support both non-fungible (NFTs) and fungible tokens, batch token transfers become easier. By using a single contract, different types of NFTs can be made, resulting in reduced gas fees.
Revinfotech Launch your SFT token allows individuals such as artists, gamers, and brands to combine different tokens into one contract. In addition to saving costs, this simplifies token management. Semi-fungible token development refers to the creation of digital assets that possess both fungible and non-fungible characteristics. Unlike traditional fungible tokens, semi-fungible tokens have unique attributes, but they can still be exchanged on a one-to-one basis. This hybrid nature enables diverse use cases, like representing fractional ownership or enabling unique properties for each token. With semi-fungible tokens, blockchain networks gain flexibility and enhanced functionality to cater to a wide array of decentralized applications, NFT ecosystems, and DeFi protocols. The development process involves smart contract coding and integration to ensure seamless interoperability and token standard adherence.
Revinfotech offers services for developing semi-fungible tokens
A multi-token standard ERC-1155 is used in our SFT development. As a result, each token ID represents a new token type with a number of attributes that can be easily configured.
Our SFT development services include the following salient features:
Create a token that can contain both fungible and nonfungible tokens.
Tokens under this token will have attributes like token IDs, token counts, and metadata.
A professional methodology for developing SFT tokens with end-to-end support.
SFT Development Services: Why should you choose us?
Token Holder Benefits
Token management made easy for both fungible and non-fungible tokens
A token owner can unbundle tokens under a smart contract, unbundling them and trading them separately
Benefits for Token Creators
The minting process is open, easy, and affordable
Fungible and non-fungible tokens can be controlled by the same smart contract
We are the Metaverse Development Company you should choose
The Revinfotech team consists of seasoned developers with real-world experience creating success stories.
Blockchain technologies are the only technologies we work with. Our focus is on one thing, and we do it well.
Our 450+ experts can refine your offering, suggest the best technology approach, and create campaigns and communities for you.
The products we deliver are customized to meet the needs of your target audience. In order to ensure smooth and accelerated development and deployment, a coherent roadmap is essential.
The work we do does not end with the launch of the product. Our extensive post-delivery services allow you to focus on growing your business.
By creating tangible results, we make a difference. You are sure to see a return on your investment when you invest with us.