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Flowctionalized

Flowctionalized

Flowctionalized will expand NFTs use cases on Flow Blockchain, it allows you to exchange you NFT with some FTs and redeem NFT back by burn FTs received. Let's make NFTs liquid on Flow!

Created on 28th February 2023

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Flowctionalized

Flowctionalized

Flowctionalized will expand NFTs use cases on Flow Blockchain, it allows you to exchange you NFT with some FTs and redeem NFT back by burn FTs received. Let's make NFTs liquid on Flow!

The problem Flowctionalized solves

NFTs are an illiquid market, due to this the price and use cases are currently poor and speculation based, we would like to change this and create different NFTs usecases (e.g. create a puzzle based game, create DAOs around NFTs). People can generate new FTs from a single NFT, or maybe an entire collection, and use them as they want.

People can:

  • Create liquidity pool and make their FTs treadable;
  • Create games around FTs coming from an NFT;
  • Create DAOs based on FTs coming from an NFT;
  • AND MANY MORE, it's all about your fantasy!

Challenges we ran into

Many bugs comes from:

  • Poor explained documentation about how to proper use flow.json and aliases for testnet deployment;
  • How to update and existing contract on testnet, changing variables type;
  • Some core bugs from emulator which increase effort on debugging, such as stop&start of pm2 and redeploy a contract;

Tracks Applied (1)

Extending the Ecosystem

Here we have prepared a short presentation which describes how we would like to extend ecosystem with Fractionalized NFT...Read More

Discussion

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