Vanilla

Inspiration

NFT market is getting bigger than ever, and NFT has so much potentials. But NFT's value is somewhat abstract, so we tried to make it more valuable. We had two questions for this :

• What if we make any value for NFT?

• What if NFT can be used for anything else like DeFi?

What it does

• NFT Auction

  • You can auction NFTs and bid NFTs with VANILLA.

• NFT Trading

  • You can trade NFTs with VANILLA.

• NFT Ticketing

  • You can buy ticket NFTs with VANILLA.

• NFT amplifying

  • You can amplify your NFTs through Chainlink's VRF and use it for boosting and borrowing.

• NFT lending

  • You can collateralize amplified NFTs and borrow VANILLA.

• VANILLA staking & locking (boosting)

  • You can stake ETH, USDT and earn VANILLA. And also you can lock VANILLA and get VANILLA fees.

How we built it

We made demo in Ethereum Rinkeby Testnet.

Challenges we ran into

• What if we make any value for NFT?

  • With Chainlink's VRF, we could randomly make values(weight) to NFTs. This will give users boosted VANILLAs.

• What if NFT can be used for anything else like DeFi?

  • Not just staking amplified NFTs, you can also borrow VANILLAs with some borrow rates.

Accomplishments that we're proud of

• NFT amplifying

  • You can amplify your NFTs through Chainlink's VRF and use it for boosting and borrowing.

• NFT lending (Not P2P lending)

  • You can collateralize amplified NFTs and borrow VANILLA .

• VANILLA locking (boosting)

  • If you lock VANILLA with period, you will gain some weights. Based on the weights, you will get boosted VANILLA.

What we learned

Very much thanks to Chainlink for making reliable VRF.

What's next for Vanilla

• Ethereum Mainnet launching

• More lending money market expanding

• Other Mainnet migrations or our own Mainnet

• Filecoin integration with NFT

Built With

• ethereum
• infura
• mysql
• nestjs
• solidity
• vuejs