Expert Guide to Picking the Best Blockchains for Your Next NFT Project
When you are planning to launch your own NFT projects, in such a situation, it is mandatory to look at a few things that #whitelabelNFTmarketplacedevelopment companies suggest like transaction speed, transaction cost, smart-contract functionality, security, and forking. When you take into account all these specifics that nft development companies suggest, the project can easily sail through in the midst of adversities.
But while hosting the #nft that you have planned, apart from keeping all the above things in mind, the choice of blockchains still remains the most deterministic factor. In this piece, we shall look at the top blockchains that can influence your choice of hosting the project as recommended by #nftdevelopmentcompanies.
Ethereum?
Ethereum is the front-runner when you speak of popular blockchains and after the introduction of ZK-EVM features and side-chains, the ecosystem has turned huge when it comes to hosting NFTs. Initially, the majority of the NFT projects were hosted on the Solana chain; however, Solana did experience its own share of bottlenecks from downtime to hacks to over centralization of its ecosystem at the hands of the few. Citing such reasons, some of the popular projects on the Solana chain moved to the Ethereum chain like DeGods and YooTs chose Polygon as its preferred layer.
With the recent introduction of ZK-EVM on Polygon, it has become increasingly simpler to deploy the NFT smart-contracts without actually requiring the need for learning Solidity. Hence opening up more room for improvements and ability to host the projects.?
Flow?
Flow is another top blockchain of choice which is known for its upgradeable smart-contracting tools like Cadence that has a multi-dimensional approach to core transaction execution like consensus, execution and collection. The sum total of all makes flow an ideal choice for hosting NFT bandwagon with more than 10,000 TPS. If you are looking for an ecosystem that lets you enjoy the lowest fees while enjoying major trade-offs with respect to hosting the projects, in that case, Flow is an ideal choice undoubtedly.?
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Cardano?
Cardano is another preferred chain that lets you enjoy the development cycle due to the use of Haskell programming language which lets you specifically program your smart-contracts and provide a flexible rather than a monolithic approach to development. On top of this, Cardano also lets the users brand and release their own NFTs independently which is a major upside when you wish to drive real-time demand for your projects.?
As a result, experts suggest that Cardano is an ideal choice for developing your NFT project. However, be mindful of the fact that despite the advantages, the Cardano ecosystem is increasingly complex due to its slow growth over the years. Hence you have to carefully analyze everything before you take it as your preferred layer for hosting your NFT marketplace and looking around for nft development services.
EOS
EOS simplifies development with the introduction of C++ and WASM languages that helps developers undertake agile development while planning their NFT projects. At the same time, EOS is also known for its speed and efficiency processing more than 4,000 TPS. Furthermore, EOS has launched a new NFT standard known as ATOMIC ASSETS that mitigates the usability issues eliminating the need for RAM. Hence businesses might feel much more elated while using the EOS blockchains for hosting their #nftmarketplace .?
Conclusion?
NFT market is expected to explode further after adding a whopping $27 billion to its market cap this year. However when you are hosting your NFT project, top #nftdevelopmentservices like the one provided at SDNA could? help you in understanding the intricacies and launching your project in the best manner possible.?
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