Please describe your proposed solution.
Stateful NFTs can be really complex. For example, the image for your NFT could be the result of a complex aggregation of multiple events on chain and heavy computation. This means that building a NFT marketplace that renders all Stateful NFTs perfectly is a hard problem
Instead, our goal will be to create a system so that games and apps can easily and cheaply setup app-specific NFT marketplaces that render their NFTs as desired. To avoid this having a negative impact on the liquidity of the NFT, we will build it in such a way that using this system means your NFT can still appear on other NFT marketplace (albeit maybe without being able to render the information in the NFT in as rich of a way)
We also want to build a browser extension that helps render Stateful NFT information on existing marketplaces so that users can still get the full stateful information without having to resort to hunt down a lot of app-specific marketplaces
How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?
The benefit is that projects using Stateful NFTs to power their app or game will have better access to liquidity, making their project have a high chance to gain traction and become a successful project in the Cardano ecosystem – all while still having the flexibility to build a comprehensive personalized experience for their collection
How do you intend to measure the success of your project?
- Volume of Stateful NFTs on general NFT Marketplaces that were made possible by this infrastructure
- Number of projects that launch an app-specific marketplace
- Number of downloads for the chrome extension
Please describe your plans to share the outputs and results of your project?
We will release all the code for the cross-market listing system, documentation on how to build your own marketplace as well as the chrome extension