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Fiat-NFT

A project which allows you to buy NFTs with your credit card

Created on 27th March 2022

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Fiat-NFT

A project which allows you to buy NFTs with your credit card

The problem Fiat-NFT solves

A fiat on-ramp for buying NFTs
Despite their extensive popularity, it is still difficult for people to buy NFTs, Fiat-NFT solves that problem by allowing users to pay for NFTs the way they might be most comfortable with: Credit Cards while still paying the sellers in cryptocurrency. It is mostly aimed at people who don't know about or new to crypto.

  • Features included:
    Minting function,
    Facility to view all minted and owned NFTs by a particular account,
    Facility to buy NFTs with Credit Cards using Stripe Integrations

Challenges I ran into

  • Challenges:
    Integrating Credit Card Payments : I had a lot of difficulty integrating stripe payments into my project, but eventually due to extensive documentation by stripe, I did it.
    I also faced difficulty deploying the smart contracts to Polygon mumbai testnet as I kept getting a timeout error. I solved this by looking around forums and changing my truffle-config.js many times untill I got the result. The trouble arised as I was using Alchemy for the first time and had previously only used Infura.
    Unable to figure out how to not make the user pay gas fees: In the project the user doesn't have to pay the prize of the NFT in crypto, but they still have to pay the gas fees for transaction. I would like to calculate that and include it in the total displayed fiat prize. I couldn't overcome this.

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