No Fear NFTs. ERC-721 Extension for NFTs and DeFi
nfNFTs (No Fear NFTs), an ERC-721 extension designed to empower creators in building NFT projects with robust DeFi mechanics while ensuring a risk-free environment for collection holders.
Created on 9th July 2023
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No Fear NFTs. ERC-721 Extension for NFTs and DeFi
nfNFTs (No Fear NFTs), an ERC-721 extension designed to empower creators in building NFT projects with robust DeFi mechanics while ensuring a risk-free environment for collection holders.
The problem No Fear NFTs. ERC-721 Extension for NFTs and DeFi solves
Why doesn't people buy NFTs?
Fear. The NFT space has been associated with scams, rug-pulls, bear markets, and decreasing floor prices. These concerns have created a sense of uncertainty and hesitation among potential buyers. However, there is a solution to address these fears and instill confidence in NFT investments. Building confidence is crucial in overcoming the fear that has hindered many from entering the NFT market.
Revolutionary DeFi Mechanics
nfNFTs introduces a groundbreaking paradigm of DeFi-enabled NFTs. The integration of staking and burn-to-withdraw mechanisms enhances the value proposition for NFT holders, making it a truly innovative solution.
Effortless NFT Project Creation
nfNFTs simplifies the process of creating NFT collections, providing users with a user-friendly interface and tools to easily bring their collections to life.
nfNFTs (No Fear NFTs): ERC-721 Extension Merging NFTs and DeFi
Introducing nfNFTs (No Fear NFTs), an ERC-721 extension designed to empower creators in building NFT projects with robust DeFi mechanics while ensuring a risk-free environment for collection holders.
Challenges I ran into
Not every network had a LSD, like testnets (Scroll) or XDC.
Tracks Applied (4)
DeFi & Dapps
Gnosis Chain
Gnosis chain
XDC Network: Decentralized Finance (DeFi)
XDC Foundation
Scroll Track
Scroll
Technologies used
Cheer Project
Cheering for a project means supporting a project you like with as little as 0.0025 ETH. Right now, you can Cheer using ETH on Arbitrum, Optimism and Base.