Rings NFT Marketplace Launches on Gnosis Chain at EthDam 2025
Circles UBI tokens power decentralized NFT trading
Built with Solidity, React, and Tailwind on Gnosis Chain
Suggests ringsNft.sol as first smart contract prototype
Project hosted at GitHub: Master Branch
Our NFT Marketplace” launched this weekend at EthDam 2025, introducing a decentralized trading platform where users create, buy, and sell NFTs using Circles UBI (CRC) tokens. The platform runs on the Gnosis Chain and highlights a trust-based approach to digital commerce.
Hackathon-Born Marketplace
The Rings NFT Marketplace was built to showcase Circles UBI tokens as a medium for NFT exchange. Submitted as an official EthDam 2025 hackathon entry, the platform allows users to mint NFTs, assign event IDs, upload metadata to IPFS, and transact directly in CRC—all through an intuitive web interface.
NFTs can be resold with custom pricing, while ownership history is transparently recorded on-chain. The first smart contract proposed for the system is ringsNft.sol, marking the project's foundational logic.
What Is Circles?
Circles is a decentralized protocol designed to create and distribute fair, social money. It operates through smart contracts deployed on the Gnosis Chain and relies entirely on human trust connections.
Community currency: Each person creates their own currency upon joining. It’s personal and only gains value through trust links.
Universal Basic Income (UBI): You receive 24 CRC per day—one token every hour—simulating a basic income with no central issuance.
Trust-based: Transactions only work if there’s a trust path between sender and receiver.
No central authority: There's no state, bank, or company in control. Circles is fully decentralized.
New users join via invitations from existing avatars. The trust graph is navigated by the Pathfinder service, which locates optimal routes for currency exchanges.
Why It Matters
Circles UBI introduces a human-centric financial model based on trust and equality. Integrating it into a working NFT marketplace enables practical use for CRC beyond theory—offering users a real way to earn, spend, and create value.
The system challenges conventional monetary design by redistributing issuance and value through personal social networks. As the platform gains adoption, it may inspire broader applications of community-driven currencies in the Web3 ecosystem.
Tech Stack and Setup
Smart Contracts: Solidity (ringsNft.sol for NFT logic)
Frontend: React.js with Tailwind CSS
Blockchain: Gnosis Chain
Tokens: CRC (personal currency), RING (platform utility)
Developer Tools: Hardhat, Node.js v18+
Master branch! The project is open source and fully hosted on GitHub:https://github.com/Make-Europe/NFT-Marketplace-For-Circles/tree/master
Getting Started
Clone the repository and install dependencies
Set up MetaMask with Gnosis Chain
Join Circles and acquire CRC via joincircles.net
Start minting, buying, or selling NFTs
Conclusion
By merging Circles UBI with NFTs, the Rings NFT Marketplace pioneers a trust-based digital economy. The EthDam 2025 launch marks a step forward in blending human social capital with decentralized technologies—transforming how we issue and use money online.