Provide fungibility to your non-fungible tokens
A semi-fungible token (SFT) combines the characteristics of both fungible and non-fungible tokens, adding an intriguing dimension to tokenization. SFTs retain fungibility until they are designated for a specific purpose. Quara offers comprehensive SFT token development services, enabling you to utilize a single smart contract to represent multiple tokens simultaneously.
NFTs revolutionized asset ownership representation in the digital realm by offering immutable, transparent, and secure ownership records. However, transferring entire collections of NFTs can be slow and inefficient. Enter semi-fungible tokens (SFTs), the next-generation multi-token standard that is gaining popularity. Opting for SFT development streamlines batch token transfers, supporting both non-fungible (NFTs) and fungible tokens within a single contract. This approach reduces gas fees and simplifies token management. With Quara's SFT token launch services, individuals such as artists, gamers, and brands can harness the power of SFTs to consolidate different tokens into a single contract. This not only saves costs but also streamlines token management processes.
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.
By partnering with Quara, you can rely on a team of technical experts with real-world experience creating success stories.
With extensive expertise in blockchain technology, we are industry pioneers with years of experience. We focus on one thing, and we excel at it.
We offer comprehensive services, from ideation and development to deployment, with professionalism and expertise at every step.
We provide competitive pricing ensuring exceptional value for your investment while maintaining top-notch quality.
We excel at tailoring solutions to meet your unique business requirements and vision, recognizing that no two businesses are alike.
We prioritize security in the crypto space, adopting a security-first mindset and implementing industry best practices to protect your digital assets.
We provide continuous support with round-the-clock availability to guarantee the longevity and optimal functioning of your blockchain solutions.
Our relevant departments will get back to you as soon as possible.