Inspiration
We can see NFTs are on boom and NFTs can have very good use cases. When user working with NFTs they are confused with complexities that NFTs system have right now that buy and sell NFTs markets are there buy they don't have lend and borrow or fractional NFTs functionalities. So we came with the DeNFT Network that provides one prime solutions for all NFTs related functionalities.
What it does
We are providing multiple solutions listed below at one place and many more to come ; )
- DeNFT's mintable NFTs Collection
- Buy and Sell NFTs Marketplace
- Lending and Borrowing NFTs Marketplace
- Fractionalize your NFTs with ERC20
- Buy Crypto from fiat currency
How we built it
We built smart contracts with Solidity language and Hardhat framework. We used a react.js for the frontend framework.
Challenges we ran into
We wanted to implement Lend or Borrow NFTs and Fractional NFTs with ERC20, but when we started working on it, we got a lot of confusion that how it should work. Last we conclude based on our research on it, we did a lot of changes in smart contracts and frontend side also while working along with the changes in idea implementation.
Accomplishments that we're proud of
We're proud of that we accomplished Lending and Borrowing NFTs, Fractionalize NFTs with ERC20. We proud of that we accomplish the project from start to end on the idea that we believe it will change the way people are working right now with NFTs.
What we learned
We learned lot of great things while building this. We learned about how Lend and Borrowing with NFTs works , how Fractional NFTs with ERC20 works. How to deliver product and needs to do a continous changes while working on idea.
What's next for DeNFT Network
We're planning to add below features,
- Swap for ERC20 of Fractional NFTs by adding liquidity to Uniswap.
- Lending and Borrowing for Fractional NFTs.
- Dutch Auction & Airdrop for Fractional NFTs.
- Better User Experience.
- Support for other networks and wallets.
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