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A Comparison between the processes taken by generic marketplaces, CrazyNFT MVP & CrazyNFT's goal
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DEMO: The marketplace currently has two NFTs
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Let's create one by choosing the Catloaf image
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Naming the new NFT Cat loaf 777, and minting it
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Voila! Your NFT is listed for sale!!
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A signature pops up. It costs zero GAS / FEE to sign the NFT Voucher
Inspiration
It is a well known fact that it is extremely difficult for a layman to participate in NFT marketplaces. Given the prerequisite it takes ( Setup a wallet, fund it, pay for literally everything, soaring high GAS fees, etc.) We believed in the potential of this unrealized market, and yet we also knew that it's the complexity of access which is a key factor in driving millions of people away.
Our Ambition
Our NFT marketplace brings NFTs closer to its participants. Be it a blockchain nerd, a budding artist or your old school uncle. It's for everyone who knows NFTs exist, and who know how to reach our website. The experience is as good as the existing E-Commerce platforms and social media apps, in fact, we are aiming to make it as simple as a calculator app ;)
How we do it
We are cutting down on direct on-chain dependencies for the user by using various concepts like lazy minting (to keep it absolutely free of cost for new creators), cross chain and chain agnostic functionalities (So that the users can forget about changing RPC IDs whilst keeping the GAS fee low), OAuth linked wallets (forget having decentralized wallets in the first place), generic banking (Laymen's choice!), and a mobile app ! This will make NFT marketplaces "so easy.... it's Crazy"
Submission for Utonhack 2021
The project submitted for UtonHack 2021 includes integration of Clover network with all major EVM based blockchains. However, there is no public RPC provided for direct integration, and hence, an open endpoint has been made for future integration. The DApp focuses on making users understand, compare and contrast all existing blockchains (including Clover) and see the benefits before choosing to list their NFTs. This will enable millions of potential users to migrate to Clover network!
Accomplishments that we're proud of
The Website implementation of CrazyNFT was the winner of Mercury Asia Hackathon 2021 conducted by Flow & Filecoin and the runner up of Vision NFT Hack conducted by Indorse in the circle payments solution track. We were also offered sponsorship support from famous players like Arweave and Biconomy in order to make our dreams come true. We were also extensively supported by the team of Binance Smart Chain on mentoring us towards the path which we believe will get millions of laymen onboard for the next social hype-wave.
What we learned
Thousand's of hours together, sitting hundred's of miles apart, We learnt that anything is possible if everyone's aligned to one goal and one ambition. Also, hats off to DApps which are cross chained. It's quite a challenge to build such applications :)
What's next for CrazyNFT
We are done with a basic POC which proves lazy minting and traditional payment solutions. We are currently building a Better UI, and cross chain functionalities for our MVP. The mobile App will also get a better UI/UX, to make it go live to public
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