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AnswerNFT

Minting Qusetions, Riddles and Puzzles as NFTs and sellingownerships via solutions!

AnswerNFT

Created At

ETHOnline 2023

Winner of

🏊 Scroll — Pool Prize

Project Description

The "AnswerNFT" project leverages the uniqueness of NFTs and brings together NFTs and Interactive challenges. Developed on the Tezos blockchain, it lets users create and trade Questions as NFTs, that are not just collectible but also interactive. The idea is to mint questions, riddles, mathematical problems, and puzzles as NFTs. To acquire these NFTs, buyers must solve the associated challenge correctly. Using TypeScript, React, and Material-UI, the user interface is designed to be intuitive and engaging for creators and buyers alike. "AnswerNFT" aims to tap into NFT’s potential by combining NFT Economics with engaging content, providing an innovative platform for users. Creators craft questions or puzzles and embed the answer hash into the NFT's metadata. Interested buyers can attempt to solve the challenge to purchase the NFT. If their answer matches the stored hash, they can buy the NFT using cryptocurrency. The Contract follows ERC721 contract standards. Economics The token economics of the "AnswerNFT" project present a captivating model that blends rarity, intellectual prowess, and economic value. The concept revolves around the idea that rare and challenging questions have inherent value, making them desirable digital assets in the form of NFTs. By minting these NFTs, users are essentially packaging their intellectual creations in a unique and secure digital format. This format holds immense potential value, especially for individuals who can craft intricate puzzles, thought-provoking riddles, and challenging questions. The platform's structure offers creators, including puzzle makers, riddlers, and experts, a remarkable opportunity to showcase their talents and skills to a global audience. Through their NFTs, they can monetize their ingenuity and creativity, turning their passion into a potential source of income. Moreover, the scarcity of truly original and perplexing questions enhances the value of these NFTs, as they become not just tokens but unique pieces of intellectual artistry. Furthermore, the project's scope extends to the realm of academia and scientific inquiry. Esteemed researchers, scientists, and PhD holders can utilize this platform to create NFTs that encapsulate complex scientific problems, puzzles, and thought experiments. This not only enables them to share their knowledge with the world but also grants them the opportunity to generate value through their profound expertise. As a result, the platform bridges the gap between intellectual achievement and economic recognition, fostering a vibrant marketplace where unique questions become tokens of intellectual achievement, monetary value, and even historical significance

How it's Made

The project is made using Solidity in the Backend or Ethereum Side. For the frontend, React is used with Bootstrap for styling. The libraries for interacting with RPC nodes are Wagmi For Wallet Connections, RainbowKit is used. The contract follows Openzepplin standards and its contracts like ERC721, ERC721Enumerable are used.

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