Fragments

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Inspiration

We all know each other from a while now, met in a discord server building side projects together and now finally working on Fragments. The idea started when we were investing together in NFTs on our discord server and after multiple purchases keeping a track of individual investments, their worth and decision making was getting inefficient. We started fragments with the idea to collectively purchase NFTs.

What it does

Today, Fragments has evolved into a platform where you can set up a fund on-chain to invest along with your community. You can invest in NFTs, tokens and Defi pools across EVM.

How we built it

We use Gnosis as our security layer for holding tokens. We have written contracts on Polygon to distribute tokens that represent an investor's share in the vault. We built the data storage using DynamoDB and AWS to communicate between chains.

Challenges we ran into

Since we couldn't interact with OpenSea using a smart contract we had to create a hot wallet to upload the listing of the NFT and purchase the NFT.
Communication between multiple chains was difficult and to resolve the same we are currently using our AWS server but soon hope to move to Polygon Supernetes.

Accomplishments that we're proud of

We announced the public launch of the product on our Twitter page and currently have 11K+ followers on Twitter and 30K+ wallets connected on our website waitlist.

What we learned

Users love that they can deposit money from any chain into the vaults
By writing modules on top of Gnosis Safe we could allow public vault creation which is not manually controlled. These vaults are controlled by the predefined governance of the vault.

What's next for Fragments

Onboarding other chains on the security layer.
Allow investing in off-chain assets
Enable DAO factory infrastructure and enable other operations for DAOs like mass payouts, recurring subscriptions from members, etc.