MBD Dev update 1
Dear MBDers!
Thanks for your continued support, and patience.
The integration of smart contracts with frontend is done. MBD's Lazy Minting is in process. With its lazy minting framework and Layer 2 (Polygon) and other chains, MBD seeks to offer a feasible solution to the concern governing Ethereum: Extremely high gas fees. Mining NFTs can be pretty expensive, which ultimately results in creators tending to spend more and more cash to launch their NFTs. There are even situations when an item is sold, but the creator still suffers a loss resulting from the high gas fee required to mint the NFT. However, fortunately, MBD is offering every creator a hand into the ecosystem. Even during a period of high gas fees, creators can always rest assured that they have a way out.
Auction contract is in process. In an NFT auction, the seller sets a minimum price for a specific time period. Buyers can bid on how much they want to spend for the NFT as long as it is more than the minimum price. After that, the NFT is sold to the highest bidder at the end of the sale period.
Our goal with the platform is, where Fiverr, Etsy, and Amazon are all available in one place. Anyone can set up their own store.
The Marketplace will be launched in phases, adding features continuously.
We’ll allocate more resources so that we can update more frequently.
All the best
MBD Team