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Blockright

Blockright

Mint NFT Swags. Unleash NFT in real world and make money.

Created on 18th July 2023

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Blockright

Blockright

Mint NFT Swags. Unleash NFT in real world and make money.

The problem Blockright solves

Billions of dollars' worht of NFT are currently trapped on the blockchain, only visible to limited audience on opensea, twitter and a few other social media platforms. However, blockright offers a DRM (Digital Rights Management) for NFT holders to mint authentic and verifiable NFT goods allowing NFt to gain global recognition, enabling holders to generate passive income through licensing opportunies and capitilize on NFT's growing popularity.
Problem Statement:

  1. Domant investment in NFT not yielding income
  2. NFTs are limited to digital world only (our social capital primarily resides in real world) and NFT's are missing in real world.

Challenges I ran into

  1. Communication Issue - Blockright does not take custody of NFT but only validates ownership
  2. Go-to-Market - Blue Chip NFT holders are reluctant to verify their account due to inherint risk of NFT being stolen (market research outcome)
  3. Global Distribution - People purchasing blockright merchs are across globe and shipping might be issue.

Tracks Applied (2)

Everything else

Digital Rights Management of NFT without providing custody of NFT is missing on blockchain and such infrastructure innov...Read More

Ecosystem Tooling and Infrastructure

Mining authentic web3 goodies fir NFT holders is novel use case that attempts to being additional utility for NFT holder...Read More

Technologies used

Discussion

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