The World Wide Web was launched with the vision to make the internet a significant pillar of life. In some respects, that ambitious goal was achieved. On the other hand, the net is monopolised by a fistful of tech behemoths sucking up your personal data like a cosmic vacuum.
Changes are afoot. Web 3.0 is projected to decentralise the www. by creating a robust infrastructure that provides secure, incorruptible marketplaces and makes it possible for anybody to join a playing field (to use the infamous words of Google’s Matt Cutts) that is level.
The new web will feature similar technologies as the existing environment. The critical difference will be that assets will be created as NFTs and social tokens available on marketplaces that support cryptocurrencies.
Blockchain technology helps creators launch, manage and protect intellectual property. Data recorded on the blockchain creates feedback loops audited by nodes within the blockchain ecosystem.
However, consumer-facing applications are difficult to deploy on the blockchain despite its immense possibilities. Because the technology is still in its infancy, the challenge of building web3 applications requires a steep learning curve for programmers.
At least it used to.
Fortunately, several web3 startups have popped up offering a suite of tools designed to help builders innovate the next generation of online technologies and services.
One such startup is thirdweb, a closed beta portal that provides users access to no-code or low-code templates that remove friction and streamlines the web3 development process. Whilst it’s true that these tools expedite app building, it’s still easier to sign technically-gifted experts to oversee the deployment of your project.
What is Thirdweb?
Thirdweb is an intuitive platform that sports a raft of no-code and low-code features developers can use to deploy web3 applications and create smart contracts to sell NFT collections.
Recognised blockchains are currently supported, including Ethereum, Solana, Polygon, Flow, Avalanche, Fantom, and Near. The company has announced that Cosmos will be joining the chain gang soon.
But the key selling point for end-users is that you don’t need extensive knowledge of blockchain technologies to launch an app. The free toolkit contains easy-to-use features that enable users to build, launch and administer an array of Web3 applications without writing a single line of code.
To date, it is reported that over 30,000 developers have used thirdweb to deploy over 100,000 smart contracts using community-approved templates that store customisable smart contracts and SDKs.
The third web ecosystem also gives non-techies access to specialists offering services and support to anybody that wants to build non-fungible tokens.
How does Thirdweb help in building NFT products?
The future of the digital marketplace will feature a collection of NFTs and social tokens in decentralised marketplaces that enables consumers to unlock utilities and experiences offered by companies and entrepreneurs via their web browser.
Thirdweb facilitates digital assets and consumer services by making it easy for anyone to build NFT products. The platform means builders can create applications like NFTs in around half a dozen steps. By expediting web3 builds, creating products are far more cost-effective and accessible for small businesses.
With the NFT marketplace expected to hit $80 billion by 2025, there will be no shortage of opportunities for blockchain specialists and businesses to create digital products. Thirdweb tools help partners to build NFTs in the following ways:
Smart contracts
Businesses are finding new and innovative ways to create branded NFTs to raise brand awareness and build customer loyalty. For example, an NFT airdrop can be deployed to reward customers for attending an event or being valued.
A smart contract enables creators to design, launch, manage and retain intellectual property and copyright ownership without needing private keys and scripts. Moreover, they establish NFTs and social tokens as authentic one-off assets and verify ownership. This increases consumer confidence.
A digital contract also enables creators to claim royalties or royalty splits which divides earnings amongst a group of people and automatically deposits the money in each partner’s digital wallet.
Thirdweb’s gamut of customisable smart contract templates allows owners to link their digital assets to the wallet directly from their private dashboard, safe in the knowledge that their long-term earnings are protected.
Software Development Kit (SDKs)
Thirdweb’s devkit can be used to build frontend apps that can be accessed via a web browser or a mobile app. The bevvy of features are compatible with popular frameworks such as Typescript, Python, and Go are supported.
The available SDKs give you more control over the utility and enable you to expedite development by simply copy-pasting the widget codes. Thirdweb automatically embeds the code into your site builder.
With thirdweb SDKs, you can create a page that supports the buying and selling of digital tokens backed by a DAO governance model.
Furthermore, NFT drops can be created that enable creators to mint their NFTs and assign ownership to a digital wallet without technical knowledge. However, teaming up with specialists gives you more control over your digital assets.
Wrap Up
Whilst innovative platforms like thirdweb provide businesses of all sizes with an opportunity to build NFT products for affordable rates, it could still be in your best interests to team up with experts to help you launch NFT projects using our proven strategies.
With core strategies that include minting engine and wallet integration, marketplace development & smart contract deployment, Cude Design has the expertise to help brands embark on a journey in the Metaverse and leverage their digital assets in what promises to be the most exciting marketplace to date.
