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Ratio - Fractionalized NFTs

Turn your NFT in a fractionalized NFT using ERC1155 standard. Also, get some funding by distributing every fraction to buyers

Ratio - Fractionalized NFTs

Created At

Metabolism

Winner of

🧙‍♂️ nft.storage — Storage Wizard

Project Description

Buying an NFT for a fixed price is boring, we believe the next step for NFTs is for them to be owned and shared by fractions. Our goal with this dApp is to allow funding to any good cause using a (new or already minted) NFT and wrapping it as a ERC1155, then according to how much you had deposited you'll get some FRACTIONS when the goal is met.

How it's Made

Implementation: For the codebase we based on scaffold-eth, focused on deploying in the Polygon testnet Mumbai. For the assets we used nft.storage to get our ipfs metadata. For the contract logic we used the ERC721 and ERC1155 implementations from openZeppelin. Zora components were added to display the NFTs on our dApp.

Impressions: It was very fun! I believe we are onto something, it's a very cool standard the ERC1155 and not much used. We'll totally keep building on this in the future. We wanna add DALL-E to generate your own image also!

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