OpenStore
Open Store is a NFT marketplace where traders can buy and sell NFT tokens through the usage of ethers and track the ownership of digital assets.
Created on 3rd March 2024
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OpenStore
Open Store is a NFT marketplace where traders can buy and sell NFT tokens through the usage of ethers and track the ownership of digital assets.
The problem OpenStore solves
Duplicate Asset Problem: Duplication of digital assets is not possible due to non fungibility of NFT's.
No Tampering of Data: No one can easily tamper the data as the data is stored on the blockchain.
Quick Transactions from Polygon: Polygon provided us with quick transaction speed which boosted the User Experience of our website.
Ownership Record Maintainance: Ownership can be tracked easily as smart contract passes the ownership from the seller to buyer directly.
Data Storage problem of Blockchain: Blockchain can't be used for storing media files for media assets in an efficient manner, so we used IPFS for digital assets.
Challenges we ran into
Learning New Technologies: The entire team was unaware of the development technology behind NFT tokens. Consequently, the most difficult thing for us was to overcome the fear of learning a new technology such as blockchain. Thanks to Polygon, we were easily able to build NFT tokens.
Integrating errors: The integration of next.js backend and blockchain was one the challenges we faced.
CSS errors : We invested a lot of time in developing the front end from scratch.
Technical Errors: Many Errors while using blockchain emerged when we tried to merge the next.js with our backend.
Deploying error: Deploying was also one the challenges which we faced while building this project.
Tracks Applied (2)
Polygon Track
Polygon
Ethereum Track
ETHIndia