Fluxaura - Conflux NFT Marketplace
Funding Tier: Tier 2
Total Grant Amount Requested: $15,000
a) Project Title: Fluxaura - Conflux NFT Marketplace
b) Description: Fluxaura is a project aimed at developing the First NFT Marketplace on Conflux. Making trading and launching NFT project easily on Conflux
c) Team Interest: Blockdudes is interested in creating this project to address the current lack of a NFT Exchange on the Conflux network. By building a NFT exchange on Conflux, the project aims to unlock the full potential of NFTs
The Core Problem: An NFT Void in the Conflux Ecosystem
NFTs, or Non-Fungible Tokens, have evolved from a niche concept to a cornerstone of the blockchain world.
They serve as a digital canvas for artists, a collector’s paradise, and even a revolutionary means of asset ownership.
While most blockchain ecosystems are buzzing with NFT activities, the Conflux network has yet to fully harness this exploding trend.
Currently, Conflux is lacking a unified marketplace where artists, collectors, and traders can seamlessly interact. This isn’t just a gap; it’s an opportunity waiting to be seized.
The Solution: Introducing Fluxaura
To fill this void, we are developing Fluxaura, envisioned to be the go-to NFT marketplace on the Conflux network. But Fluxaura is not just another marketplace; it’s an ecosystem designed from the ground up to revolutionize how we interact with NFTs.
The Technology: Seaport Protocol
Fluxaura will be built on the robust foundations of the Seaport protocol, an innovative solution brought into the spotlight by OpenSea. This is no ordinary protocol; Seaport is a decentralized Web 3.0 framework that promises a range of benefits:
Cost-Effectiveness: One of the biggest gripes with existing marketplaces is the exorbitant gas fees. Seaport slashes these by approximately 35%, making transactions cheaper and more appealing to the average user.
Trading Flexibility: Say goodbye to rigid trading options. Seaport brings in features like bartering and bundling, so you can swap multiple NFTs in a single go or even trade them for other asset types. It’s like having a Swiss Army knife for NFT trading.
Asset Versatility: Whether you’re dealing with ETH, ERC-20, ERC-721, or ERC-1155 assets, Seaport has got you covered. This is particularly important for attracting a wide range of users and asset classes to Fluxaura.
Effortless Minting: No more confusing workflows. Artists can directly mint their creative pieces via Fluxaura with a few clicks.
Revenue Streams: Artists can set up various monetization models, like auctions, fixed prices, or even revenue-sharing models for collaborative works.
Verified Artists: To ensure quality, we’ll have verified badges for established artists. This allows collectors to invest in art pieces with confidence.
Portfolio Management: Collectors can manage their NFT holdings, showcase them, or even put them up as collateral for decentralized loans via Fluxaura.
- Data-Driven Insights: Fluxaura will offer analytics and trend predictions, giving traders the knowledge they need to make savvy trading decisions.
And many more!
Smart Contract Architecture
Smart Contracts - Solidity
Frontend - Nextjs
Backend - Python (Django)
Value for the Conflux Ecosystem:
Fluxaura is designed to be a magnet for artists, collectors, and traders. By offering a dedicated NFT marketplace, we’ll be filling a significant gap in the Conflux ecosystem. Imagine the influx of users who would otherwise go to another network for their NFT needs.
User retention is not just a buzzword; it’s crucial for long-term growth. By offering a versatile NFT platform, we’re essentially giving Conflux users fewer reasons to leave. This is about building a home, not just a marketplace.
This platform will be powered by the Conflux token, thereby driving demand and potentially increasing its value. It’s a win-win: users get a fantastic platform and the network gets more utility and engagement.
Cost & Milestones:
Funding Requirement: $15,000
This funding is designated for the end-to-end development of a specialized NFT marketplace tailored for the Conflux network.
Our focus will be on creating a robust frontend and backend infrastructure that leverages Conflux’s unique capabilities.
Complete NFT Marketplace - Fluxaura
The end product will be a fully functional NFT marketplace on the Conflux network, designed to offer a seamless experience for artists, traders, and collectors. The marketplace, named Fluxaura, will leverage the strengths of Conflux’s fast and low-cost transactions.
User Dashboard: Customizable profile pages for users to manage their collections, listings, and transactions.
Marketplace UI: A clean, intuitive interface for exploring, buying, and selling NFTs, with features like sorting, filtering, and quick search.
NFT Minting Portal: A user-friendly interface allowing artists and creators to mint NFTs directly on the platform.
Real-time Data Feeds: Live updates for price changes, new listings, and other marketplace activities.
Transaction Management: Robust backend logic for handling complex transactions like bids, auctions, and direct sales, all optimized for Conflux’s capabilities.
Smart Contracts: Custom smart contracts for secure, trustless trading of NFTs, built to be fully compatible with Conflux’s architecture.
Data Storage: Efficient and secure data storage solutions that are optimized for quick retrieval and updates.
API Layer: Open APIs for future integrations, allowing the marketplace to grow and adapt to new features and partnerships.
- A working demo of Fluxaura will be made available for initial testing and feedback, before the full public launch.
- To ensure the build trust and minimize risks for Conflux, the complete funding of $15,000 will be released only after the successful deployment and rigorous testing of the entire NFT marketplace.
- Estimated Time of Completion for all deliverables: 1 month
- To make this proposal as riskless as possible for Conflux and build trust we will only ask for payment after the whole DAPP is fully developed and tested!
Smart Contract Security
For Fluxaura, security isn’t an afterthought; it’s a cornerstone. To ensure the utmost safety, we’ve opted to build the platform on the thoroughly audited Seaport protocol. You can delve into the code yourself right here: Seaport GitHub Repository.
Trail of Bits: Recognized as a leading entity in the blockchain security landscape, Trail of Bits has rigorously audited Seaport. Feel free to check out their comprehensive audit report here.
Community Audits: To leave no stone unturned, Seaport also initiated the largest community audit contest, with a prize pool of $1 million. Top-tier auditing firms like Spear of Bits took part, further validating the protocol’s robustness. More details can be found here.
Why No Additional Audits Are Required
Given the rigorous auditing Seaport has undergone and its track record of securely managing a significant portion of the NFT market, we’re confident that no additional audits will be needed for its implementation within the Fluxaura platform on Conflux.
Maintenance and Operations Plan
The Need for Continuous Oversight
Launching Fluxaura is just the start. A project of this scale requires ongoing maintenance to ensure it remains functional, efficient and relevant.
We understand that the marketplace has to evolve and adapt to stay ahead.
Funding from Conflux DAO
Given that Fluxaura is in its infancy, it’ll take some time to achieve self-sustainability.
In the interim, Fluxaura will rely on maintenance and operational funding from Conflux DAO.
This is crucial for maintaining high performance, marketing the platform, and most importantly, keeping it bug-free.
This funding isn’t just a stopgap; it’s part of a strategic plan for long-term viability.
Management by Our Team
All tasks related to maintenance and operations will be handled by our team.
We built Fluxaura, and we’re committed to its success. From routine checks to market positioning, we have the expertise to ensure the platform not only operates smoothly but also leads in its category.
Blockdudes is a dynamic team specializing in blockchain development and innovation. We possess a diverse skill set that spans coding, design, and business development, positioning us to deliver high-quality results across various blockchain projects.
Amrit Kumar Jain
As the CEO and Founder, I bring a wealth of experience and a broad network of industry contacts to Blockdudes. My focus is on harnessing blockchain technology to solve real-world challenges, and Blockdudes serves as the ideal platform for this mission.
Three additional professionals who excel in their respective domains, ranging from coding and design to business development will be working on this project. Their combined expertise will be crucial to the success of this project.
As a collective, we have successfully delivered on numerous high-impact projects, including:
- Decentralized Bridge: Collaborated with Vitalik Buterin to develop a Layer 2 bridge.
- Mask Network: Enhanced the browser extension with new features.
- Unstoppable Domains: Facilitated their integration into leading DeFi projects like Balancer, Enkrypt, zksync wallets, etc.
- Messari: Contributed to visual analytics and are currently working on a big data project.
- Reserve: Crafted plugins for DeFi collateral management.
- Verge: Developed an ISO 20022 application and are assisting with Smart Contracts.
- Vetoken Finance: Created the website and analytics dashboards.
- Osmosis: In partnership to build DeFi Vaults and strategies.
- Archway: Developing Multisig and Composable Liquidity AMM with concentrated liquidity pools, LBP, and more.
Armed with our diverse skills and proven track record, we are uniquely qualified to launch our next big venture: Conflux’s premier NFT marketplace.
We possess both the technical know-how and the industry insights needed to make this project not just possible, but groundbreaking.
Team Long-Term Vision:
Our goal goes beyond just launching Fluxaura.
We aim to become strategic partners with Conflux, contributing to its growth and ecosystem in the long run.
Why Choose Us?
We bring years of blockchain development experience and have successfully delivered multiple projects. With our expertise and the robustness of the Seaport protocol, Fluxaura is set to become a cornerstone in the Conflux ecosystem.
Fluxaura aims to become the first NFT marketplace on the Conflux network, leveraging the Seaport protocol’s efficiency, lower costs, and flexibility. We’re asking for $15,000 to build this platform.