Pune – Seracle, a Blockchain-as-a-Service (BaaS) platform, has announced the launch of Web 3.0 NFT Infrastructure for brands and corporates across sectors to help them create their customized NFT marketplaces.
The infrastructure is suitable for companies and brands across sectors such as entertainment, e-commerce, gaming, social media, fashion, sports, art, augmented reality, and virtual reality that wish to differentiate themselves from their competitors and reach out to a larger target audience appealingly and cost-effectively.
At present, companies and brands that wish to have their NFTs can do so in existing marketplaces like OpenSea, Rarible, and others but without any customizations/branding or they can develop their own NFT marketplace with specific branding and customization. However, building an NFT marketplace from scratch might seem like a compelling option. It can be highly time-consuming, risky, expensive, and would require skilled resources with technical expertise. It takes nearly 3-4 months to build an NFT infrastructure that supports one chain by channeling about 50% of the engineering resources.
With Seracle’s NFT infrastructure, a marketplace can be launched with 100% customization and branding at an 80% reduced cost in just a couple of weeks. Companies also don’t need to hire any engineering resources to manage the platform.
Seracle offers end-to-end NFT marketplace solutions, including product development, operations, and marketing. The NFT infrastructure solution has no geographic boundaries and can develop a platform with suitable payment solutions such as fiat or crypto as per the clients’ needs.
Talking about the launch of Web3.0 NFT infrastructure, Shrikant Bhalerao, cofounder and CEO, said, “NFT space is a great way for brands to reach out to their target audience between ages of 18-35. It also gives the brand an edge over its competitors by being a part of the potential space that is already disrupting conventional marketing.”
Bhalerao further added that “NFTs are hot, and brands are undergoing a metamorphosis following the moguls like Lamborghini, Nike, Adidas, Coca-cola, McDonald’s, etc., to name a few. Our NFT infrastructure announcement is created to help brands enter the space with zero hassle. Seracle Web 3.0 infrastructure is built to offer a 100% customizable, cost-effective, quick, and robust platform for brands who like being ahead of time.”
Seracle is already providing its NFT solution to one of the oldest production houses in the Indian Cinema. It aims to partner with at least 20 more established brands by the end of this year.
Founded by Shrikant Bhalerao and Akshay Soam in 2018, Seracle provides white-label solutions to companies and developers who can use its APIs to build any blockchain or Web3 platforms without any charge.
With over 100 employees, Seracle has offices in India, Singapore, and Canada and has rapidly grown to become a disruptor in the NFT and blockchain space.
As the NFT sector continues to grow with consistent sales, the global market size is expected to increase from $ 3.0 billion in 2022 to USD 13.6 billion by 2027 at a 35% CAGR. The key factors driving this exponential growth include the growing demand for digital art, the worldwide use of cryptocurrency, the influence of celebrities on the adoption of NFT, and a steady rise in market products in a cost-effective manner.
Seracle is a Singapore-based Blockchain & Digital Assets Infrastructure service company. Seracle aids in the transformation of web2 companies that desire to venture into a Web 3.0 company and offer Decentralised Finance (DeFi), Cryptocurrency exchanges, and Non-Fungible tokens (NFTs). With its Digital Asset Infrastructure service, Seracle aims to help institutional investors have crypto in their portfolios. Seracle’s team consists of SME developers & designers who are conversant in all things blockchain technology-related. Our team consists of developers and designers who deploy the latest technology stack to create interactive UI/UX, Blockchain experts, auditors, quality analysts, market analysts, content writers, and customer support specialists who strive to deliver exemplary and superlative service.