Technology
Hong Kong (China)
Web 3.0
"Alibaba Cloud has four characteristics: stability, security, elasticity, and high-performance. After comparing Alibaba Cloud with other cloud service providers, NiftyIN found that Alibaba Cloud met the compliance requirements and standards in most regions of the world, providing safe and reliable fundamental service for NiftyIN's production environment."
About NiftyIN
NiftyIN is a multi-chain smart aggregation platform focusing on NFTs and GameFi. It offers one-stop solutions and API services for NFT creation of art and game assets, innovative GameFi gameplay, and integrated operations, reshaping the industry value of artworks and Web3 games.
According to statistics, the global art collection sales in 2022 reached around $67.8 billion, and the global mobile gaming market was about 600 billion RMB. As a platform driving the Web3 industrialization of traditional artworks and game assets, NiftyIN is part of a trillion RMB market.
According to statistics, the global art collection sales in 2022 reached around $67.8 billion, and the global mobile gaming market was about 600 billion RMB. As a platform driving the Web3 industrialization of traditional artworks and game assets, NiftyIN is part of a trillion RMB market.
Challenge
When using NFT technology to transform traditional assets into emerging digital assets in the Web3.0 era, there are challenges in pricing and value reshaping of real-to-virtual asset mapping. Especially for traditional antiques like ceramics and calligraphy, it is difficult to determine a reasonable price and reshape the value through a single algorithm when interfacing with museums, galleries, collectors, and other ToG, ToB, or ToC users. In terms of system and technology, it is also necessary to ensure the stability, reliability and security of the system, those are related to the success of the business.
Why Alibaba Cloud
Alibaba Cloud has four characteristics: stability, security, elasticity, and high-performance. After comparing Alibaba Cloud with other cloud service providers, NiftyIN found that Alibaba Cloud met the compliance requirements and standards in most regions of the world, providing safe and reliable fundamental service for NiftyIN's production environment. Also, Alibaba Cloud's ECS, Anti-DDoS, WAF, PolarDB, GA, and Big Data and other products are very suitable for the elasticity, security and high performance requirements of Web3 business industry, and provide strong support for NiftyIN's business development.
Architecture
NiftyIN uses a multi-zone in one region high availability deployment. From the front-end to the back-end, it uses a multi-zone deployment architecture. Provides across multiple zones high availability for NiftyIN’s business development. In terms of security, Alibaba Cloud's Cloud Native Security Architecture is used to provide comprehensive protection from DDoS at the network layer to Anti-bot at the application layer. By using these products and services, NiftyIn is protected from external attacks without compromising platform stability and user security.
Looking Forward
Since its launch, NiftyIN has continuously iterated versions and introduced three different industry smart solutions, helping over 25 ecosystem partners and tens of thousands of users transform their traditional assets into Web3.0 digital assets. In the past quarter, NiftyIN has effectively driven on-chain data growth for the four high-market-value public chains it relies on, with a brand-new platform model, generating over 150,000 new digital assets on the PlatON Network.
In the second quarter of 2023, NiftyIN will continuously explore the integration of Web 2.0 and Web 3.0 traffic. Together with Alibaba Cloud and industry partners, NiftyIN will collaborate to develop the NFT and GameFi ecosystem industry chain, encourage creator economy, establish a sound upstream and downstream supply-demand relationship, and form a self-operating ecological closed-loop. This collaboration aims to contribute to the prosperous development of Web 3.0. Currently, NiftyIN has already developed a cloud-based distributed platform recommendation algorithm and an AIGC tool based on Stable Diffusion, utilizing Alibaba Cloud products. With AI and NFT as the focal points, NiftyIN supports the transformation and reshaping of the traditional gaming industry value chain.
In the second quarter of 2023, NiftyIN will continuously explore the integration of Web 2.0 and Web 3.0 traffic. Together with Alibaba Cloud and industry partners, NiftyIN will collaborate to develop the NFT and GameFi ecosystem industry chain, encourage creator economy, establish a sound upstream and downstream supply-demand relationship, and form a self-operating ecological closed-loop. This collaboration aims to contribute to the prosperous development of Web 3.0. Currently, NiftyIN has already developed a cloud-based distributed platform recommendation algorithm and an AIGC tool based on Stable Diffusion, utilizing Alibaba Cloud products. With AI and NFT as the focal points, NiftyIN supports the transformation and reshaping of the traditional gaming industry value chain.
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Snapshot
NiftyIN ensures the security of its production environment and data by using Alibaba Cloud's stable, secure, flexible and high-performance IDC and servers, thus ensuring the security of its users' digital assets. In addition, high availability of the cloud computing infrastructure from Alibaba Cloud, providing NiftyIN with a safe and smooth digital experience.
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