RingLetBox

RingLetBox is a Token Creation, Vesting, and Locking Platform. RingLetBox aims to protects every Cryptocurrency community from rug pulls and traitorous advisors.

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Inspiration

I have a blockchain idea. But I don't know where to start. How could I create a token? How could I manage my created token? How could I provide vesting to my team and community?

What it does

RingLetBox is a Token Creation, Vesting, and Locking Platform. RingLetBox aims to protects every Cryptocurrency community from rug pulls and traitorous advisors.

Features

  • Token Creation - Token Creation on Stratis is not a new feature. RingLetBox creates an alternative way to create your token.
  • Team Vesting - Prove your commitment to your community by locking your team's tokens
  • Community Vesting - Reward the members of your community who has serious involvement or loyalty to your project.
  • Token Lock - As ordinary person, the only way to have a diamond hands is to lock your token.

Users

  • The sender can:
    • create a lock and specify the recipient and unlock date of the lock.
    • revoke the lock anytime as long as the recipient doesn't claim it yet regardless if the unlock date has been elapsed.
    • refund the standard token after revoking the lock.
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  • The recipient can:
    • claim the standard token of the lock after the unlock date has been elapsed given the lock was not revoked by the sender.

How I built it

With the use of various Microsoft technologies,

  • Blockchain/Sidechain Network: Cirrus Core Private Net
  • Smart Contract: Cirrus Smart Contracts
  • Web Frontend: Blazor Web Assembly
  • Web API: Azure Function Apps
  • Cloud: Azure
  • Cirrus Core Private Net Instance deployed on Azure Virtual Machine.

Challenges I ran into

  • Deployment on Cirrus Testnet on Azure VM. For this hackathon, I just used Cirrus Core Private Net and expose the API to the Public.

Accomplishments that we're proud of

  • To be able to build a Blockchain Solution with only using Microsoft Technologies

What I learned

  • I have learned a lot in terms on how to deal with Stratis Smart Contracts. Also, I have learned some things on how to setup cirrus testnet node.

What's next for RingLetBox

  • More to come with regards to the development, like incorporating creation of staking pools, NTF Creation, Locking, Minting and Vesting and many more.

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