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BozNFT
Fractional NFT RWA marketplace for Kyrgyz art. We automate direct payments from buyers to artisans via Sepolia, validating a sustainable business model (2% fee) for cultural preservation and creator s
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Description
💎 Project Title: BozNFT - Digital Shyrdak
Our Vision:BozNFT (Digital Shyrdak) is a pioneering platform dedicated to preserving the rich cultural heritage of Kyrgyzstan by transforming traditional crafts into fractional Non-Fungible Tokens (NFTs) on the Ethereum Sepolia testnet.
The Problem Solved:
Liquidity for Artisans: High-value cultural assets (like shyrdaks and komuz) are illiquid and difficult for local artisans to sell globally or secure funding for.
Accessibility for Collectors: Global collectors often face high costs, complex logistics, and trust issues when trying to invest in international RWA (Real World Assets).
Our Solution (MVP Functionality):We have built a fully functional dApp that addresses both problems using a decentralized marketplace.
Fractional Tokenization: We use the ERC-1155 standard to tokenize each unique physical item (e.g., Kalpak, Tebetey) into 100 affordable shares.
Trustless Payment Flow: The buyer sends ETH directly to the smart contract, which instantly transfers the funds to the specific artisan's designated wallet upon successful execution. This ensures instant, trustless payment to the creator.
Technical Stack: Solidity (Smart Contracts), Ethers.js (Web3 integration), HTML/CSS/JS (Frontend), GitHub/Netlify (Deployment).
Business Model (Challenge 2 Focus):The platform is built for sustainability and designed to maximize value for the creators.
Revenue Stream: We propose a small, transparent 2% service fee (as calculated and shown visually on the frontend demo) taken from the total purchase price. This fee funds platform operation, legal compliance, and future development.
Cultural Impact (Public Good): By permanently recording the assets and their ownership history on the blockchain, we ensure cultural preservation and global promotion while directly supporting local economies.
Team & Roadmap (Challenge 1 Focus):
Team: BozNFT (Mambetzhanov Akai, Abdykadyrov Daniel, Saginaev Izat) successfully built and tested this complex RWA mechanism within the hackathon timeframe.
Next Steps: Integrate IPFS for decentralized media storage, implement a full Artisan Registration system, and explore transferring the project to a scalable L2 network.
GitHub:https://github.com/skkiak
Project Site: https://skkiak.github.io/BozNFT/