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Chapter 4 Implementation In this section we will discuss in detail all the components of the application and the decisions that were taken in the development process of the solution. The core functionality of our DApp is to enable users to leverage NFT tokens on the Ethereum blockchain. NFT.finance is a peer-to-peer platform that enables owners of NFTs to enrich their experience and creates a new market in decentralized finance, specific to NFTs. As explained in the previous chapter, we have taken an iterative approach with a user-centered design in mind, always adapting the requirements to the feedback received. The platform presents a familiar experience to blockchain and DeFi users, using popular tools and following industry standards. The two main features of the platform are: • Leasing: Gives users the ability to offer their NFTs for leasing on the market or subsequently lease available NFTs, themselves. • Lending: Enables users to use their NFTs as collateral and to request loans in order to get access to liquidity without selling their asset. This chapter will be split into 3 main sections and each will follow the develop- ment from different perspectives: • Smart Contracts: This section will expand on the core smart contracts that were written to enable the described interaction between users and their NFTs. • DApp Interactions: Facilitates the interactions with the smart contracts and gives users an abstraction to the on-chain data. • User Experience: Because our application was built with the purpose of being released and marketable, we had to focus on researching user needs in order to reach their expectations and build trust. 4.1 Smart Contracts As discussed in the background the EVM is capable of executing contract byte-code and is a quasi-Turing complete machine. 34PDF Image | NFT finance Leveraging Non-Fungible Tokens
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NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info
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