Arbor Place

Example of Arbor Place NFT's displayed in Arbor Wallet
First minting of NFT on Chia blockchain by Arbor Place
Arbor Place Value Proposition

Inspiration

Digital Farming Initiative (DFI) has noticed the booming NFT industry and the current pitfalls associated with it. High minting and transaction fees, environmentally unfriendly processes, and conditions that change when moving from market to market is the real inspiration behind this project.

What it does

DFI started by learning every aspect of Chialisp to a near expert level. Starting with the foundation of building the puzzles for NFTs, our developers have added layer upon layer (of puzzles) to achieve the most secure and robust NFT system offered.

How we built it

The NFT (non-fungible token) system consists of three major components: 1) NFT minting, 2) NFT viewing, and 3) NFT marketplace. DFI started the minting process with the singleton layer which is created with the launcher ID puzzle. The launcher ID puzzle will allow us to establish singleton coins that are unique and have a verifiable origin. Each singleton that is created will be an NFT and will hold data pertaining to, and referencing, the art, creator, or any other "off-chain" data (within data size constraints). Once the basic NFT exists and cannot be changed, we will assert conditions regarding the utility and transference of the coin (royalties, time locks, and any number of conditions). These conditions can be changed through a re-minting procedure by sending the token to another puzzle with the new conditions. DFI will offer easy-to-use tools to view and verify any NFT on the blockchain. Consumers will be able to view thumbnails, or low-resolution NFTs on the blockchain, while the high-resolution or source file(s) will be available off-chain. The marketplace will interact with NFT conditions to ensure proper transactions are taking place. This aspect is not only responsible for the transference of NFTs, but also for providing accurate descriptions of the conditions for NFTs and asserting the necessary solutions to transact the NFT as intended by the original creator.

Challenges we ran into

Building the platform for NFTs on the Chia ecosystem has many challenges. A veritable “double edged sword” of Chia’s extensive capabilities means that while it is amazing in utility and security, it is so unique we also had to start from scratch and literally build the system ourselves with only the Chialisp backbone to support us.

Accomplishments that we're proud of

We are very excited to have achieved the milestone of minting the first NFT on the Chia blockchain. You can see the results here: link

What we learned

The biggest thing we learned was how much of the community is in support of our project. Since first announcing our ambitions to create the Chia NFT ecosystem, we have had articles written about our company and garnered attention from quite a large following. The community is our main motivator, as they are tired of what is currently being offered and are ready for a better experience.

What's next for Arbor Place

We're committed to an extremely aggressive timeline to bring an alpha NFT marketplace to Chia this fall with the beta launch by the end of 2021. Our development efforts to date focused on the backend, Chialisp, and minting process, but we will soon start creating the marketplace frontend.