Our Inspiration

As rudimentary (but curious) NFT enthusiasts, we are incredibly passionate about NFTs and their ability to bring communities closer. We noticed that it was becoming increasingly difficult for individuals to find a way to represent themselves through NFT art (crypto punks specifically) without spending exorbitant amounts of money and sleuthing for months on end to find an NFT that they felt best represented them.

With this in mind, we created ReMint and committed ourselves to create a product that could simplify process for people to find, create, and mint NFTs that they feel best represent them. We focused on creating a protocol that adds as much value to the existing NFT space as possible– enabling new types of NFT markets, fostering more engagement in NFT communities, yet respecting scarcity and prioritizing existing incentives for NFT artists and teams.

What We Learned

As a collective, we learned a lot about NFT market economics, how to code in Solidity and Typescript, and how to create a technical crypto project from scratch–as this was our first hackathon. A significant amount of time was spent comparing different token standards on EVM, such as the ERC721, ERC20, and ERC1155 contracts, and how to make them interoperable with smart contracts written in Solidity. Beyond this, we "learned how to learn." Working closely with other hackers, speedily looking up resources, and throwing code together until it compiled, we built so much more than we could have imagined in a much shorter time.

Challenges

We initially faced challenges in understanding the technical underpinnings of our project (IE: coding in Solidity versus Rust, choosing a track, and understanding how contracts, token, and blockchain core functionality all play together) and in designing the economic model to ensure that this protocol would be economically advantageous and worthwhile for users to utilize. Nonetheless, after significant time spent hacking, we resolved many technical issues (resulting in a working proof-of-concept and an extremely positive technical outlook) and have designed a genuinely exciting protocol which we can't wait to flesh out further.

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