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December 4, 2024Ā· INTERANTIONAL JOURNAL OF SCIENTIFIC RESEARCH IN ENGINEERING AND MANAGEMENT
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SMART CONTRACT FOR NFT MARKETPLACE

Authors:N. GayathriM. AswinMr. A ShishandMr. A.T SabarigireesonMr. J Dhanuprasath

Abstract

This paper explores a blockchain-based approach to redefining digital ownership through Non-Fungible Tokens (NFTs). Phase 1 focused on developing smart contracts on the Ethereum blockchain, minting unique NFTs, and implementing secure transfer mechanisms. These steps ensure transparency, immutability, and decentralized verification of ownership via blockchain hashes, demonstrating the potential of NFTs to revolutionize asset ownership. Looking ahead, Phase 2 will involve designing a user-friendly web interface for an NFT marketplace. This platform will enhance accessibility and engagement by simplifying NFT creation, buying, and selling while integrating features like intuitive design and wallet compatibility. Together, these efforts aim to bridge blockchain technology and mainstream adoption, transforming the landscape of digital ownership. Keywords: Blockchain, NFTs, Smart Contracts, Digital Ownership, Ethereum, NFT Marketplace, Decentralized Verification.

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