Collectorcrypt is transforming the multi-billion dollar collectibles industry in a way that protects collectors from the unnecessary risks, high fees and time-consuming logistics that haunt the industry.
It integrates physical ownership with Web3-powered digital marketplace.
With this innovative concept in mind, the client approached Lazarev.agency, seeking to refine the product idea and bring it to life.
At Lazarev.agency, we enthusiastically embraced the challenge and delved into the world of collectibles. We conducted brainstorming sessions with stakeholders and discovery sessions that led us to enhance the existing product feature list.
Our primary focus was on crafting an engaging experience that immerses users in Web3 while remaining user-friendly and intuitive, especially for those new to the world of cryptocurrency.
Leveraging a fully composable blockchain, Collector optimizes every facet of the global collectibles market. Our objective was to craft a user experience that would support Collector's mission of achieving worldwide adoption.
Curating the dashboard
We have ensured that the dashboard functions as a central hub, guiding collectors to various modules within the marketplace.
Our team introduced a widget for collection statistics, allowing users to monitor the progress and value of their collections. Additionally, we incorporated a recent activity widget for tracking the status of traded cards, along with featured cards organized by their respective categories.
Shipping card to mint PNFTs
What sets the marketplace apart is Collectorcrypt's utilization of highly secure decentralized physical NFTs (PNFTs) minted on the Solana blockchain. Each PNFT represents ownership of a physical collectible securely stored within vaults.
To mint a PNFT, a collector must send their card to the Collectorcrypt vault. When creating a shipment, a unique shipping identifier is generated, which must be sent alongside the card and used to identify the corresponding box.
Keeping tabs on shipments
To ensure collectors' peace of mind, we developeda system for tracking shipments and keeping tabson the status of their cards. Within the "My Cards" module, users can access and review their"My Shipments." After the cards have been delivered to the Collectorcrypt office, they undergoan examination to assess their legibility.
Subsequently, they are displayed in the "My Shipments" module, and if the cards are in good condition, users have the opportunity to mint pNFTs.
Centralizing all the cards in a single location
We created the "My Cards" module to serve as the central repository for all of a collector's cards. To increase engagement, weintroduced an option to make pNFTs public or share them through social media.
Recognizing that collectors may have hundreds of cards, we implemented advanced filters to expedite the process of locating a specific card and adding it to their collections or burning it. When a collector chooses to burn a pNFT, they must undergo the shipment process again, with the card being returned to them from the vault.
Card page: transferring pNFTs
Each card has its own dedicated page, containing comprehensive information such as the owner's details, category, price history, vault information, recent activity, and more. On these pages, collectors can propose a value for the card, add it to a collection or transfer pNFT, meaning trade it.
With PNFTs collectors have an opportunity to trade collectibles in minutes while benefiting from ultra-low trading fees, insurance coverage.
Facilitating collections trading
Setting up user account
Acknowledging the essential role of payment functionality in the marketplace, we created a seamless process for adding various payment methods.
What sets the platform apart is the inclusion of both fiat and cryptocurrency payment options. This strategic move enhances user adoption, especially considering that some collectors are newcomers and may have reservations about using cryptocurrency.
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