NFTMart partners with Patract and join Patract Open Platform

Recently, NFTMart officially announced to join the Patract Open Platform, and they are about to integrate Wasm contract function with Patract’s tool suite.

NFTMart is based on the Substrate Runtime layer. Considering that NFTMart has great potential for development in the future, they are about to open their contract layer to establish a rich NFT application ecosystem, support a large number of NFT applications to access rapidly and ensure the stability and reliability of the network. At present, NFTMart plans to integrate the Wasm contract function after the mainnet is online, and deploy NFT Wasm contract by using the Redspot contract Dev scaffold tool developed by Patract Labs and the Europa contract sandbox to quickly implement development, testing, debugging, and deployment.

The main consideration for choosing Wasm technology to integrate into the NFTMart contract layer is that the current blockchain development generally faces the problems of high transaction cost and transaction congestion, and it is unable to obtain sufficient business support and ecosystem scalability. The Wasm virtual machine used in the Wasm contract is faster and more stable than the EVM virtual machine in terms of execution efficiency and speed. At the same time, it is convenient for developers to deploy Wasm contracts to the NFT Mart network simply, quickly, and low-cost. In this cooperation, NFTMart will further discuss with Patract Labs on the implementation of Wasm contract interaction, and jointly promote the development of Wasm contract ecosystem.

About Patract Labs

Patract Labs is providing solutions for the development of Parachains and DApps in the Wasm smart contract ecosystem of Polkadot. We help the community to design and develop on-chain contract modules and Runtime support, and provide DApp developers with full-stack tools and services support, covering development, testing, debugging, deployment, monitoring, data provider and front-end development stages.

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About NFTMart

NFTMart is developed based on Substrate, the first decentralized NFT transaction public chain in the world. It is committed to providing professional, low gas with NFT issuance, transaction, investment and other services for users.

The platform is divided into two parts: The first part is NFTMart.network, an open decentralized NFT public chain, which is mainly used to release NFT assets and process transaction data on the chain. The second part is the entrance to the NFTMart.io platform, to provide users with convenient and fast transaction services and it’s convenient for users to upload or manage NFT works.

Through NFTMart’s ecological fund, NFTMart will support third parties to expand NFTMart through RPC, smart contracts and other methods to achieve a more diversified NFT+ ecosystem.

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Patract is providing solutions for the development of Parachains and DApps in the Wasm smart contract ecosystem of Polkadot.

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