NFTs have revolutionized the idea of art, its access and ownership. They have not just taken art out of the four walls of art galleries but have also made expensive artworks affordable by fractionalizing ownership rights. The NFT trend is fast gaining steam not just for creators and collectors but also for developers and entrepreneurs, and this explains why there are more NFT applications today than ever before. The number of people looking to develop NFT applications such as NFT marketplaces, NFT wallets, or NFT games is also steadily increasing.
Despite such popularity of NFT applications among users, developers and businesses, developing NFT applications remains tricky because of the huge amount of data that NFT apps need to source to be fully functional. From acquiring NFT ownership information to fetching transaction history, a lot of data sourcing needs to be undertaken to make NFT apps valuable for users. Browsing through individual NFT smart contracts to fetch data is not just labor-intensive but also extremely time-consuming. To resolve this problem and make NFT app development a swifter and smoother process, various purpose-built NFT APIs can be used.
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