Tokeniz :- Giving Value To NFTs

Mint NFTs while locking multiple tokens, and gift crypto in a interesting way, Allow Fee Less transactions on personal ecommerce platforms for selling crypto, and allow Trustless P2P transactions

Comment 25

forum.trondao link:- https://forum.trondao.org/t/tokeniz-giving-value-to-nfts/4429

Inspiration

There are three stories those inspired us to develop Tokeniz.

  1. Being a Blockchain developer I wanted to give a crypto gift to a friend of mine for her birthday, but after going through various NFT it was evident that she being new to the crypto world it would be harder for her to actually use the NFT for any purpose plus she would have to sell it to someone else to actually make any use of it, So I need something that would be like a NFT with meta data and stuff as well as will also have some intrinsic value which could be used.
  2. I had a friend who brought a token on the first day of an 6 month long ICO coin, although people were buying them at 10time the price he brought them after a month or so, but since it was not listed on any dex it was hard for him cash out when he was in need. Although he was will to forgo the tokens for half the price people were buying them for, on P2P market. but some who find found on internet who wanted to buy couldn't find a base trust point in the transaction to happen.
  3. I was window shopping on amazon, and also checking some private online stores selling merchandise, and wondered how many people will onboard on to Web3 if buying crypto beacame as easy as buying something on Amazon

What it does

Tokeniz tries to solve all the above mentioned problems with a single solution.

  1. It provides a platform to lock multiple ERC20 tokens inside of a contract linked with the NFT tokens, behaving as a virtual wallet. Once the NFT is transferred the tokens are transferred accordingly.
  2. You can unpack your tokens anytime from the NFT or sell it with tokens or list it at any NFT Market place.
  3. Each Token is unique and hence users will be able to add their own meta data or images to wish or state purpose of the NFT, thus making it a perfect gift for any occasions.
  4. Similarly you can also sell unlisted token inside an NFT where the locked amount could be verified on chain Thus allowing Trustless P2P transaction.
  5. We can also integrate the NFT to unpack automatically on transfer and pack gas fee coins, which seller can add while minting the NFT which they can sell from their own ecommerce platform, and the transfer can be initiated, thus making getting into web3 similar to buying a eBook.

How we built it

We used remix to create a smart contract, where we modified ERC721 smart contract to generate supporting contract when a NFT is minted and also to add tokens to the NFT. Then We developed a basic HTML, CSS, JS based website, and used ether.js to interact with the smart contract and achieve Tokeniz

Challenges we ran into

We ran into multiple challenges

  1. TronIDE is not able to import git based code inherently on import
  2. BTTC Test failing to connect multiple times
  3. Issues with Smart contract exceeding size limitations But we were able to tackle most of them

Accomplishments that we're proud of

We are proud to provide something new to the Blockchain ecosystem, And we plan at taking this to much higher levels

What we learned

We learned a lot about upcoming technologies, new initiatives live almost free transaction on tron based on energy, etc. We also learned that thinking about small things in details can have massive benefits

What's next for Tokeniz

We have a road map read for Tokeniz which consists of developing a complete ecosystem around Tokeniz, with our own marketplace, Gift Shoppe, as well as a Ecommerce like web3 onboarding platform
Roadmap

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Updates

posted an update —

This topic is to discuss the development plans, goals, as well as future of the project #N25 Tokeniz, after the Hackathon season 2.

Please read the preface and all the updates for Tokeniz here https://forum.trondao.org/t/tokeniz-giving-value-to-nfts/4429

Well after getting great reviews, suggestions, for the community we have decided upon various plans for the future.

But prior to that let me make it clear that Tokeniz is a utility NFT meant to be used for various purposes listed in the preface. It is not a NFT for holding and or reaping benefits from unlike hundreds of other projects out there.

And since we are making it as utility, we do not care about rarity. Hence here are our decisions:-

  1. Everyone will be able to mint any number of Tokeniz for a specific price (yet to be decided)

  2. Tokeniz will be available on all major chains so everyone will be able to use its utility rather than worrying about the chain they are using.

  3. We will be launching a ERC20 token on TRON chain (Name yet to be decided) with wrapped versions on other chains, which will be used as currency to mint Tokeniz.

  4. On minting a Tokeniz the ERC20 token used as fee will be divide into developers fee, burning token, thus making tokeniz a deflationary token to reward the holders.

  5. We will also have a DAO to control the major decisions related to the usage of Tokeniz. It will be on TRON chain.

  6. Few features such as fee less transactions or ecommerce platform like NFT market place will be available only on TRON chain. We have various technicalities yet to be finalized.

  7. We will be integrating IPFS for storing user generated data via Tokeniz.

Here are a few Deadlines we have decided upon

  1. 20th August 2022:- launch of crowdfunding campaign for seed stage funding of the project. We will use this campaign to award private ICO whitelisting. And Tokeniz demo launch on polygon mumbai testnet

  2. 31st August 2022:- New UI demo, with a introductory video for Tokeniz. Also the launch of Tokeniz social media handles. And start of marketting phase

  3. 30th Sept. 2022:- launch of Tokeniz on TRON mainnet with basic features, and start of ICO

Later dates are yet to be decide, which include dex listing of our token, mainnet launch of various other chains, Dao launch, etc.

We know many projects after the hackathon will die down after the hackathon. We plan at growing big after the same and provide a lot to the tron ecosystem.

So in this topic please reply with your suggestions, and how we can get Tokeniz to a greater level.

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posted an update —

I am excited to share this with everyone, We acquired Tokeniz.tech just now.

Tokeniz.tech will be the official site for tokeniz project moving forward, we will be rolling in New updated UI and some basic features as MVP on testnet shortly on the new domain.

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posted an update —

Please note that the video provided here was recorded on rinkeby test network, since we were facing issues connecting to bttc test network, and we were running late for submissions on devpost. The contract was intented to be deployed on bttc network, ploygon network, as well as tron network which supported energy free transactions with locked trx.

We will be uploading complete features video, with bttc deployment, polygon deployment as well as tron deployment link soon. We will also be updating a lot of UI as soon as possible.

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posted an update —

Many More Use Cases yet to be found out, We will be continuously updating the Tokeniz platform and venturing in a lot of use cases and making web3 more acceptable, and easier to interact with

  1. Please Provide your feedback and suggestions, also if you have any use cases which can be benefitted with Tokeniz We would be happy to integrate them features

Features

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