NFT and dApp Development

At REDDact Labs, we are driven by a vision to revolutionize the IT industry in India and the USA. Our mission is to empower clients and businesses by leveraging cutting-edge technologies to create new possibilities. With a focus on quality, satisfaction, and transparency, we strive to deliver industry-leading mobility solutions.

Connecting the Real World and the Metaverse

We are transforming e-commerce platforms by tokenizing physical assets and their commerce data within a liquid digital market, built on the concept of ICO often used in the Silicon Valley, California. Our goal is to establish a decentralized commerce ecosystem by funding and accelerating the development of specialized applications that disrupt, unbundle, and democratize commerce.

Eliminating Intermediaries and Reducing Friction

REDDact Labs replaces intermediaries with minimally extractive fees and streamlined arbitration processes. We provide a seamless commerce interface between the Metaverse and the physical world. Our core mechanism involves depositing digital value into an escrow contract represented by stateful non-fungible commitment tokens, enabling automated digital-to-physical redemption. Each commitment token can be purchased with a specific Thing token, following the ERC-20 standard. Thing tokens integrate with DeFi infrastructure, facilitating liquid digital markets for any physical asset. We monetize consumer and seller data in a self-sovereign and privacy-preserving manner.

Key Features of our Solution:

• A commitment to buy and sell is tokenized as a futures contract for a physical asset, represented by NFT commitment tokens.
• Each type of NFT commitment token can be purchased with a specific Thing token.
• Our ecosystem allows anyone to instantly access dCommerce capabilities.