project introduction: https://www.youtube.com/watch?v=wJen8ltDZio

demo: https://www.youtube.com/watch?v=mCkbWZkamp0

A simple deck

The project is aimed for 2021 wyoming hackathon - Wyominghackathon Interoperability challenge.

Team members: Jacky Wang, Xiaopeng Li, Payman

Inspiration

NFT is not only collectables. It can also be used as IP for derivative creation. This will create value for NFT and add a totally new market and increate interoperability in the NFT industry.

What it does

An open, decentralized derivative platform for derivative creation. NFT owners can deposit their NFT into the IP pool to allow others do content creation out of their NFT as IP; Artists and developers can build projects on top of the existing NFT projects. E.g.

  1. Talking ape on MAYC.
  2. GameFi on Loot
  3. Digital arts on CryptoPunks
  4. Branding items in MetaVerse

How we built it

  1. Front end
  2. Back end (Solidity)
  3. Virtual Youtuber service

Challenges we ran into

  1. Discussion over the philosophy of staking NFT as IP, and licensing.
  2. Build VTuber service from scratch.
  3. Limited time.

Accomplishments that we're proud of

  1. Fully build VTuber service
  2. Had a deep understanding of IP ownership over the discussion
  3. A strong team and friendly teammates

What we learned

  1. Need better progress management.
  2. Always think the worst.

What's next for NFT^2 - NFT derivative platform

  1. Continue the product polishing.
  2. Whitepaper and deck.
  3. Website and Twitter.
  4. Seed round?

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