The problem Cryft solves

✨ Inspiration ✨

I have 300 points from Myntra but they are going to expire tomorrow, it's frustrating because I don't want to buy clothes, what if we could spend it at Swiggy for some yummy food?

✨ What it does ✨

• Are you an active consumer who is unable to keep a track of the loyalty points you are receiving?
• Are you a business owner who isn't able to keep a track of the large databases and consider loyalty programs as a liability to the business? CRYFT IS HERE TO CHANGE THAT.
• Cryft aims to change the way loyalty and referral programs work for the better, for both, brands and users
• Enhance the emotional value that comes with gifting by storing your rewards on the blockchain
• Brands can Mint Custom NFTs which can be bought by the community
• No expiry date will be attached to your gifts anymore, redeem whenever you want, however you want.
• Generate gift cards from a wide range of brands
• Our business aims to earn money by hosting top brands on the platform to provide a smooth experience for their users
• Brands get to market themselves on the platform to enhance the traction of their innovative referral programs, this is another marketing strategy for them.
• Blockchain will change the loyalty experience by being permanent, immutable, transparent, and liquid
• The reward points earned by users would be in the form of stable coins that can be used to yield farm
• Brands can connect to the cryft ecosystem easily using APIs

💻🧰 How we built it 🔧🔨

• React native for developing a cross-platform mobile app.
• Solidity to develop smart contracts.
• Hardhat as the smart contract development environment.
• Filecoin and IPFS for storing NFT images/file and metadata.

Applicable bounties 🏆🏅

Filecoin and IPFS - To store NFT images/files and other metadata
Moralis - Used the Ethereum react-native boilerplate
Covalent - To show transaction addresses and token balances.

Challenges I ran into

Using the ethereum-react-native boiler plate for android was hard, it requires a lot of debugging and reconfiguration