ERC721P2P which enables peer-to-peer trust-less transactions, and uploading full on-chain SVG mechanism.
We have developed the OpenGalaxy, it is a website that is valuable to many creators.
https://nft.fullyonchain.xyz/
The advantages of this product are twofold.
Because storing images on the blockchain is so expensive, many creators struggle to compress the data.
With our product, creators simply upload the images they have created, and we automate the process of compressing them and storing them on the blockchain.
ERC721 has a few fundamental issues.
In order to solve this problem, we need to create "ERC721P2P", which performs transactions without trusted third parties (P2P transactions), and makes it possible to enforce royalties.
These two mechanisms (SVG compressing and peer-to-peer,trustless transactions) are independent of each other and have been developed by us as open source projects. The result of this hackathon was the fusion of these two mechanisms and their release as a website.
(*) The registered Github URL is mainstream. The deliverables of the hackathon is in the following branch. https://github.com/Cryptocoders-wtf/generative/tree/feat/ETHGlobal2023