NFTs are the collectible cards of today’s world. Instead, they are unique and exist on the blockchain. With the rise in the popularity of NFTs, every blockchain project wants to add an NFT marketplace to its platform. However, creating a thriving NFT marketplace requires robust integration with an underlying protocol.
DeFi Yield Protocol, a decentralized platform with an aim to create a transparent, unbiased, and reliable network, is launching its NFT dApp V1.
About the NFT dApp
DeFi Yield Protocol is a Yield Farming protocol that aims to mitigate the whale manipulation found on other platforms. The latest addition of the NFT dApp will add value to the already invaluable ecosystem and provide new use cases for the community.
This NFT dApp will be launched on the Ethereum network, which will act as the de-facto platform for artists to trade, mint, sell, buy and auction their unique digital assets. The lower transaction costs and the environmentally friendly approach of the DYP’s NFT dApp distinguish it from other dApps.
This release will be a monumental achievement for the DYP ecosystem as it will open up various opportunities for the artists and the art world.
The UI of DYP’s NFT dApp
The NFT dApp by Defi Yield Protocol acts as a marketplace and a gallery where users can mint, buy, sell and trade NFTs for a fixed price. Every NFT will be associated with an image, title, description, ID, and some tags. Users can either search for a particular NFT using the ID or browse in the gallery using the artist’s name and profile picture.
The app will contain the following elements:
- Marketplace List Page: On this page, all the listings will be displayed along with their price and the option to purchase them.
- Create Page: Artists and users can upload their artwork here as a JPG file with the item’s description to create an NFT. By paying the creation fee to the admin wallet, users will be able to see their minted NFTs in their wallets.
- My Account Page: My account page will allow the users to see their Ether and NFT balance, the tokens they own or are listed for sale. They can also unlist their tokens here to take them out of the Marketplace List Page.
- Non-Fungible Token Details Page: On the marketplace list page, when users click on an NFT, they will be redirected to this page to see all the info about the NFT, such as artists’ name, title, description, etc.
The Launch NFT Collection by Nidia Toska
Prior to the launch of the dApp, DYP has collaborated with Nidia Toska, a renowned fashion illustrator and designer, to create the first collection to be listed on the marketplace. Nidia Toska is a prominent fashion designer who has worked with celebrities such as Kim Kardashian, Paris Hilton, GQ magazine, and more. Over the years, she has developed an impressive portfolio and is confident with her work.
Nidia takes inspiration from what’s happening in the industry and creates a masterpiece loved by everyone. When she is not working on designing a new piece for someone, she spends hours creating illustrations that she shares on her Instagram channel. It was only a hobby for Nidia, but she gained followers when Kim Kardashian reshared a portrait of hers drawn by Nidia.
Nidia is so confident that she draws all her artwork freehand on an iPad. Every artwork is unique and cannot be imitated, which makes the NFT collection even more special.
About DeFi Yield Protocol
The DeFi Yield Protocol (DYP) is a unique platform that allows virtually any user to provide liquidity and uses an anti-manipulation feature.
DYP provides various products, and the NFT dApp will be the latest addition to the ecosystem. Apart from that, the company offers:
- DYP Vault
- DYP Farms
- DYP Staking
- DYP Referral
- DYP Bridge
Visit DeFi Yield Protocol’s website for more information about the launch.
