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NFT finance Leveraging Non-Fungible Tokens

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NFT finance Leveraging Non-Fungible Tokens ( nft-finance-leveraging-non-fungible-tokens )

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• Context of use In Figure 3.3 we have the different environments that user is accessing the platform from. Figure 3.3: Context of use diagram. Should the user, access the platform with a Web3 enabling browser extension, such as MetaMask, which injects the web3.js API, his network will also be checked. In case he is on any other Ethereum test network than Rinkeby or on Mainnet, he will be prompted with a warning. A similar workflow will be expected if the user is accessing from a Web3 enabled browser. On the other hand, if the user does not have Web3 enabled, the website will not load and will show a warning. The UI will not be mobile friendly in the begging, however, this requirement might change. • Platform requirements The platform requirements are all the possible tasks available for the users. In our case the initial requirements for the first iteration were to develop a basic prototype for the following features: – Locking NFTs as collateral to get access to loans. – Derivatives for NFTs, in order to minimize price fluctuations. • Design solution The initial solution was low-fidelity prototype, which only showcased how the front-end for the loans would work. 31

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