Advantages of SFT tokens
SFTs are highly preferred over the NFTs and other fungible tokens largely for the wide range of advantages they provide. Following are the main benefits of SFT tokens:
Face value of tokens Retained
The semi-fungible crypto tokens remain as fungible token once it is traded from their original owner, thereby lending the tokens more liquidity and strength to the value of the asset. The tokens retain their face value across the transfer and exchanges.
Flexible in nature
The semi-fungible crypto tokens are more flexible than their fungible and non-fungiébile counterparts. Hence, gamers and players can have an exciting gaming experience with the help of these tokens. Using the semi-fungible tokens makes the task of developers easy as they find the developing and coding process with complete ease. Gamers can also afford to make in-game purchases easily.
Wide usage in the gaming industry
With their broad usage in the gaming industry, SFTs are becoming more and more popular. They can serve as a digital representation for weapons or any other items that appear within an online game. When SFTs are traded from one player to another, the history of their use and its value are saved.
Representation of non-fungible token
A token that can be both fungible and non-fungible is the new class of cryptocurrency and that is SFT. This allows traders to buy or sell tokens in fractions. This concept has been popularized by games like Clash Royale where players collect various pieces for their decks instead of just one card with full value on it.
Built on the top of Ethereum blockchain
Semi-fungible tokens can make the best use of current infrastructure and cases due to its dependence upon it.
Unique Selling Point
It’s not uncommon for business innovation to have their own unique features to gain a competitive edge in the market. Unlike other tokens, Semi-fungible crypto tokens are ERC-721 compliant and this clearly gives them an edge over competitors who do not follow these standards!
Develop your Semi Fungible Token Using Our Expertise
Semi-fungible crypto tokens serve as the underdogs of the cryptocurrency world. With the development of blockchain technology, it is now possible to create tokens that are not just fungible or scarce but semi-fungible. You can represent anything with these unique digital assets. From a toy sword or an original work by a renowned artist, they’re perfect for any project that requires the use of 3D models and textures!
Major features of our SFT development services are the following:
We will provide our best team of experts with real-world experience and sound technical knowledge in helping you succeed with the use of SFTs.
Delivering professional methodology to develop SFT tokens
Providing end-to-end support for SFT development – be it with the product launch or post-delivery services. Our round-the-clock support helps you focus on other areas of growth.
Allowing owners the chance to unbundle the token even when they are bundled under one smart contract, thus providing a way to trade each token separately
Supporting management of fungible and non-fungible tokens with ease
Customized products to meet the requirements and to suit your target audience
Accelerated and smooth development and deployment with a coherent roadmap