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Ethernifty

Ethernifty platform that allows custom creation and minting for a custom non tradeable token (SBT) with a mission guide that can include optional ERC-20 tokens and custom oracle contract integrations.

Ethernifty

Created At

ETHNewYork 2022

Winner of

πŸš€ Optimism β€” Just Deploy!

πŸŠβ€β™‚οΈ Pocket β€” Pool Prize

πŸŠβ€β™‚οΈ Radicle β€” Prize Pool

πŸŠβ€β™‚οΈ SKALE β€” Pool Prize

πŸŠβ€β™‚οΈ Worldcoin β€” Pool Prize

Project Description

This project uses SBT's (Ethernifities) as a reward system to allow for a bounty system that can be verified with (custom) Oracle. Users can supply their own image URI, name, and symbol for the SBT mint. The Contract act as an escrow system that requires peers to deposit any (optional) erc-20 reward tokens, once all the optional erc-20 rewards are distributed, the ethernifties (SBTs) are still available for claim if a user has completed the mission guide!. We use this SBT as a reward mechanism for the public good through our mission system. Next to this we enforce single use of the claimfunctionality through WorldIDs Proof-Of-Personhood solution. /////////////// We believe this project is important because it will allow our ecosystem to reward it's contributors with tokens that van a certain social value (Proof of experience, achievement tokens, badges, governance tokens that can't be traded, safe gated NFT access (NTT). We believe that this will push our ecosystem for the public good due to peers being able to showcase their reputation in a tangible way, without organizations needing to worry that users will "sell"their achievements to the highest bidder. It will allow them to showcase past work without breaking any potential NDA's (Proof of work concept) IT's more efficient than e-mail or calling to verify people their references on how they contributed to, not limited to but mainly, public good or DAO projects. Any case where people would like to reward or incentivise their contributors with social value they can use our SBTs, and if they want to launch a public good project and reward contributors they can use our platform to post their projects with their custom logic and rewards.

How it's Made

This project uses customization of the ERC-721 protocol to revert sending any potential transactions once an erc721 has been minted. This allows us to create an Ethernifty (SBT/NTT). We have custom Oracle functionality to allow automatic confirmation if the mission is based with Onchain functionality. Users can claim their own Ethernifty through our claim page, they are restricted to only 1 claim through the proof-of-personhood technology that allows us to validate if they only have used it once. The Oracle is a boolean promise that any user can implement their own oracle contract. We don't have any backend except EVM, we're hosted on a static website.

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