JUNGLELABᵀᴹ
JungleLab LNFT Digital Assets is a web-based platform for issuing and transacting with Build software better, together
JungleLab LNFT Digital Assets is a web-based platform for issuing and transacting with non-fungible tokens on the Bitcoin Liquid Network. JungleLab is sponsoring its development and hosting an exemplary curated instance of it for use by artists & organisers at JungleLab.
- User accounts and profiles for artists and collectors include custom avatars, contact info and biography
- Users can follow other artists and collectors and like/favorite individual artworks
- Artists can upload digital media files (jpg, png, gif, mp4) representing an artwork and add metadata like a title, description, and tags
- Selected metadata is published in the liquid asset registry so that tokens can be recognized by external wallets
- Media files are added to the IPFS network upon being uploaded and are given a unique content identifier (CID) derived from the SHA256 hash of the file
- The CID is embedded in the Liquid token issuance transaction contract, permanently and provably linking the file to the token
- Artworks are listed in a searchable/sortable/filterable marketplace gallery
- Artists can list an artwork for sale by setting an optional listing price, royalty rate, and/or auction period
- Bids and sales are conducted peer-to-peer using atomic swaps so the platform host does not need to escrow funds
- Listings, bids, transfers and new artwork activity are logged and presented in a site-wide feed
- A web-based liquid wallet is integrated into the user's profile page and allows them to fund their accounts with L-BTC or any kind of liquid asset
- Wallets can be backed up and imported using a 12-word BIP mnemonic seed phrase
- Built-in integration with the coinos.io API allows users to instantly convert BTC to L-BTC by depositing to an on-chain address or paying a lightning network invoice
- Royalties and auction holding periods are enforced through a 2-of-2 signing server that only signs off on transactions that meet certain conditions
Last modified 1mo ago