diff --git a/README.md b/README.md index e7d4a50..baa4fc0 100644 --- a/README.md +++ b/README.md @@ -12,11 +12,11 @@ Web3 Jam is all about decentralized media, Web3 and NFTs. In that spirit, we pos ### Dynamic NTF Lifecycle Management -- USD 2,000.00 for the best submission -Dynamic NFTs are a valuable progression of non-fungible tokens. Using Fluence and Aqua, design and implement a (sub-) protocol to create and manage dynamic NFTs using IPFS or Ceramic as your decentralized persistence layer. For example, consider a dynamic NFT representing a sports persona or stock (immutable) and event-driven data (mutable). For example, your favorite politician NFT maybe updated with their latest poll or election results. +Dynamic NFTs are a valuable progression of non-fungible tokens. Using Fluence and Aqua, design and implement a (sub-) protocol to create and manage dynamic NFTs using IPFS or Ceramic as your decentralized persistence layer. For example, consider a dynamic NFT representing a sports persona or stock (immutable) and event-driven data updating the NFT (mutable). For example, your favorite politician's NFT may be updated with their latest poll or election results. ### Off-Chain NFT Auction Protocol -- USD 2,000.00 for the best submission -Trading and especially auctioning of NFTs are popular exchange mechanisms. Alas, on-chain bidding may incur prohibitively high gas costs **per** bid massively undermining the value and usability of NFTs to the community. You can change that by creating a decentralized, off-chain NFT auction platform with Fluence and Aqua where bid history, for example, is tracked on a decentralized, immutable persistence layer like IPFS or Filecoin or on a mutable but on-chain anchored solution like Ceramic. +Trading, and especially auctioning, of NFTs are popular exchange mechanisms in the Web3 space. Alas, on-chain bidding may incur prohibitively high gas costs **per** bid massively undermining the value and usability of NFTs to the community. You can change that by creating a decentralized, off-chain NFT auction platform with Fluence and Aqua where bid history, for example, is tracked on a decentralized, immutable persistence layer like IPFS or Filecoin or on a mutable but on-chain anchored solution like Ceramic. ## Submission Requirements & Judging Criteria