Inspiration

Tokenized art in the form of NFTs on OpenSea.io, an NFT Marketplace, really opened our minds to the profound implications of blockchain technology.

What it does

Implements blockchain technology that takes the decision-making away from a central source and fractionalizes ownership.

How we built it

Implemented a Smart Contract using Remix Ethereum, open-source IDE, and NFT's.

Challenges we ran into

Learning how to leverage NFTs in their different attributes and ensuring what is recorded on a blockchain is accurate were two major challenges.

Accomplishments that we're proud of

  • How much we learned about NFT's and Antiquities, conceptually.
  • Setting up a basic smart contract to implement our idea.

What we learned

  • Taking into account legal concerns with software
  • Designing NFT's for collectibles and assigning attributes
  • Reconciling analog issues and digital solutions

What's next for Team 7

Deploying a fully functional program that uses a smart contract to create fractional ownership.

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