$6M in Revenue on Day 1:
How We Built Ledger’s NFT Marketplace

How do you bring hardware-wallet-grade security to NFT trading during the height of the NFT hype-cycle? That’s the challenge Ledger brought to Boosty Labs. The solution would need to handle thousands of on-chain NFT transactions across multiple blockchains while processing millions of dollars in transactions daily.

Here’s how we made it happen

The Challenge

It shouldn’t be surprising to most that NFT scams cost users over $100M from July 2021 to August 2022, during the heights of the last bull run, so Ledger couldn’t settle for an “off-the-shelf” NFT marketplace solution.

They required a platform that could extend the framework of the hardware security they’re famous for into the digital collectibles space, which resulted in us developing the world’s first secure “clear signing” mint process.

The core technical challenge was crafting a system to index and manage thousands of NFTs across multiple blockchain networks. We also had to build this system at record-breaking speeds to meet market demands.

Our Solution

Having built several NFT platforms across blockchain ecosystems before this project, the Boosty Labs team managed to sidestep technical hurdles other teams might face in a similar position. It resulted in us delivering a market-ready platform in record time without needing to cut corners.

We developed the NFT Metadata Indexer Pipeline, a three-part system that streamlines NFT tracking and organization across blockchain networks.

The monitoring layer captures every NFT interaction across Ethereum and “EVM-compatible” chains, from mints to transfers.
The data management system saves NFT information locally through caching instead of making repeated blockchain calls, serving users their data instantly when needed.
The final piece is a specialized NFT search engine. It lets users filter through collections using any parameter—token IDs, ownership history, and so on. This results in quick, precise NFT discovery.

Impact and Results

150,000
users signed up before the official launch of the marketplace
10,000
Genesis Passes sold out in 24 hours
$6M
in revenue through the initial sale
$21 million USD worth
of Ethereum as a lifetime revenue from primary and secondary sales
LVMH, RTFKT, DeadFellaz,
and other leading brands & projects chose Ledger Market for their drops

While Ledger spent ~$1M in dev fees to build its first NFT storefront, the ROI was a near instant 3x (300%) and $21 million USD worth of Ethereum as a lifetime revenue from primary and secondary sales. We prefer to let the numbers speak for themselves.

It’s also important to note that we helped Ledger expand its reach while remaining true to its core values. As a result, we delivered an NFT marketplace that proves that security and user experience can go hand in hand.

Announcing [Ledger] Market

What sets us apart?

9
Years of experience
in the blockchain space
300+
Successful projects completed
250+
Clients worldwide
150+
Skilled engineers on the team

Build with Us

Are you looking to launch a secure, high-performance Web3 platform? Ledger Market’s success showcases our ability to build systems that handle millions of transactions while maintaining ironclad security.

Whether you’re expanding into NFTs, launching a new blockchain product, or upgrading your existing infrastructure, we bring the technical expertise and market understanding to make it happen.