Private minting
Only selected partners should be able to mint assets.
VHS NFT Marketplace: Private NFT minting and scheduled digital-art auctions
Private NFT minting and scheduled digital-art auctions
We built the VHS NFT Marketplace, where selected partners privately mint art, audio and video assets and sell them through scheduled auctions.
The Challenge
What stood in the way.
Selected partners needed to mint art, audio and video assets privately and sell them through scheduled auctions. Public marketplaces let anyone mint, so a curated, auction-based model needed its own platform.
Multiple media types
The marketplace had to handle art, audio and video assets.
Scheduled auctions
Assets needed to be sold through auctions set for a given time.
Ownership transfer
The NFT needed to move to the highest bidder once the auction closed.
Our Solution
How we answered it.
We built a marketplace that mints partner assets and transfers NFT ownership to the highest bidder after an auction. It runs on Polygon Layer 2, uses ERC721 and ERC1155 tokens, supports meta-transactions and integrates with OpenSea.
- ProblemMinting had to be limited to selected partners.Our answerWe built private minting for partner assets.
- ProblemAssets ranged from single artworks to other media.Our answerWe supported both ERC721 and ERC1155 token standards.
- ProblemThe winner needed to receive the NFT after each auction.Our answerWe built ownership transfer to the highest bidder into the auction flow.
- ProblemTransactions needed to suit a Layer 2 network.Our answerWe built on Polygon Layer 2 with meta-transactions.
How It Works
The parts that made the difference.
Partner minting
Selected partners mint art, audio and video assets as NFTs.
Scheduled auctions
Assets are sold through auctions scheduled in advance.
Ownership transfer
NFT ownership passes to the highest bidder when the auction ends.
Meta-transactions
Supports meta-transactions on Polygon Layer 2.
Results
What changed for the client.
Partners can now mint privately and sell their work through scheduled auctions.
- Private partner minting for art, audio and video
- Scheduled auctions with ownership transfer to the highest bidder
- OpenSea integration in place
Technology
What it was built with.
Part of our custom software work.
- ERC721
- ERC1155
- Polygon Layer 2
- Meta-transactions
- OpenSea integration
More Work Like This
Related projects.
Let’s Talk
The next big thing starts with a conversation.
An idea, a challenge, a “what if”. Tell us what you have in mind, and we’ll figure out the next step together.
What happens next
- Share your ideaSend the form or book a call, whichever suits you.
- Discovery callWe talk through your goals, timeline and scope.
- A clear proposalA fixed price or monthly rate before any work begins.
- info@technomous.com
- Phone
- +92 333 0440459
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