With NFTs (and smart contracts) growing in popularity, there has been an increase in the number of brands and individuals creating their own projects.
If you’re a developer it may be easier said than done – until now. The rise of new technology has led to the opportunity to create a tool that makes it easy for the non-coders to get in on the fun.
If you happen to be someone who has only just learnt about the gold rush, this platform provides everything you need—from pick to shovel.
Creating your NFT Project with Thirdweb
Creating an NFT project has now become easier than you think. Armed with all the essentials, you can let your imagination go wild. But, before you get started, here’s a quick rundown of everything you need to know about utilizing Thirdweb.
Thirdweb, which has just undergone a version change, to version 2.0, is backed by Web2 heavyweights Steven Bartlett, Gary Vaynerchuk and Mark Cuban.
This goes to show that it’s really not something to be overlooked. The platform itself is super easy to navigate and the BIG PLUS is that they now take ZERO commission from project owners.
Previously they took 5% of your royalty (so if you had a 5% royalty setup, they took 5% of the 5%).
They have a whole host of contract types available, namely:
- NFTs (ERC721 standard)
These are collections or one-of-a-kind tokens with fully customizable properties
- Marketplaces (whitelabel)
Your own marketplace to let the community buy and sell tokens and NFTs
- Tokens (ERC20 standard)
Custom social tokens, governance tokens and currencies you can control
Loot boxes full of NTFs with rarity-based unboxing mechanics
- Drops (ERC721 with lazy minting; ERC 1155 standard with lazy minting)
Timed drops for users to easily claim NFTs and tokens (V2 allows projects to dictate phases of deployment and the specifics around each phase)
Royalty splits to manage your project revenue and fund distribution
Within each of these categories, you’ll find a few sub-categories that help you decide which route to take.
There are a few other benefits of Thirdweb that may not be evident to newbies:
- Guides (these help you understand each contract in detail as well as help you with implementation)
- A very helpful Discord channel
- Testnet feature (which allows you trial each contract before spending real money on contract minting)
- Access to a few chains (Ethereum, Polygon, Avalanche and Flow – with Solana and Flow coming soon)
The true power comes in with their SDK functionality which is, in most parts, editable through their JS snippets. For those that aren’t proficient in coding, the embed feature does the job too. Some of the standout project types include membership NFTs, Public Marketplaces, DAOs, PFP Collections and Blockchain Games.
Teams can also collaborate on projects with ease with the head of projects able to assign permissions to each team member like full permissions, minting permissions, interaction permissions, and transfer permissions.
As mentioned previously, Thirdweb also assists project creators with their own meticulously created and community-tested guides which covers everything from getting started to contract types and implementation of SDKs and embeds.
We will be reviewing other platforms and solutions that make project creation and management easier for non-coders and coders alike, so remember to check-in and see what we’re up to in the NFT & Web3 space.