Project Name: RentWeb3
Project Track: Web3
Team Name: RentWeb3
Team Member(s): 2 [@seemal-arif , @umarkhatab465]
Project Details 
For test Instructions read this document.
RentWeb3 Details.pdf (2.3 MB)
Website URL : https://rent-web3.vercel.app/
Github Repository link : GitHub - umaresso/Rent-web3
DevPost URL: RentWeb3 | Devpost
Video link : Rent web3 - Making top talent affordable to everyone - YouTube
Project Goal
We are aiming to provide a marketplace to rent Web3 assets like NFTs and Dapps , backed up by IPFS and Smart contracts.
Project Info:
Inspiration
Web3 is booming. Future is promising with the opportunities Metaverse will bring.
But some Web3 assets became the cake of rich since they were launched - NFTs for example.
Due to tremendous use cases of NFTs like
- Use in Games ( sandbox and axie infinity )
- Attending the Event ( using them for ticketing )
- Host an Event ( Host an event on virtual land NFT in metaverse )
Eveyone wants to use them but they are expensive.
Also , if you want to launch your NFT collection on a website aliging with your choice , with nearly no-code,
you will not find good platforms.
This was a calling moment for us.
We took the pledge to provide Web3 assets renting in an easy way.
What it does
We provide services for
- Creators
- NFT Holders
- Developers
- Users
Creators
Creators are those who have created an NFT Collection.
For whitelisting and sale of their collection, we provide Rentable Dapps made by the best designers and developers in the space.
NFT Holders
NFT holders can Rent their NFTs for specific time in exchange of some money while still being the owner of them .
Good way to earn passive income.
Developers
They can build a website that does whitelisting and sale of the NFTs
by interacting with already deployed smart contracts.
These deployed contracts are dynamic means that same website
can be rented for different collections, time after time.
Techical Example
Say we have a website called Nifter.com.This website can perform whitelisting for any collection.
We can use it for Bored Ape NFTs whitelisting and then after it’s rented time is over,
Same website can be used for whitelisting of others.
We want you developers to
“Build once earn lifetime”
Users
Users are People that can borrow NFTs and use them till specific time .
How we built it
Development Flow
Dapp renting
| Task | Status |
|---|---|
| Built Navbar | 100% |
| Built Introduction | 100% |
| Developed Smart Contracts for Whitelist factory and Tracker | 100% |
| Created a UI Page for Whitelist Creation | 100% |
| Integrated Whitelist Contract | 100% |
| Created a UI Page for Sale Creation | 100% |
| Integrated Sale contract | 100% |
| Made a Compatible dynamic website for whitelist | 100% |
| Made a Compatible dynamic website for Sale | 100% |
| Tested Compatible websites | 100% |
| Made Website Integration Frontend | 100% |
| Made a WebsiteRent Smart contract | 100% |
| Integrated websiteRent contract with UI | 100% |
| Tested Entire whitelist sale creation and renting the dapp | 100% |
| Displaying NFT collection on rented Dapp | 100% |
| Perform whitelisting of collection | 100% |
| Perform minting for Ethereum | 100% |
NFT Renting
| Task | Status |
|---|---|
| Built a demo ERC721 contract | 100% |
| Built a rentable version of ERC721 ( using IERC4907 standard ) | 100% |
| Built an NFT renting Tracker smart contract | 100% |
| Tested smart contracts in Remix and tron IDE | 100% |
| Built a dummy UI for uploading NFTs | 100% |
| Uploading NFTs UI integration with smart contracts | 100% |
| UI to show available and rented NFTs | 100% |
| NFT uploading and renting tested | 100% |
| Adding Filters | 100% |
Challenges we ran into
We faced many but here are few
Clarity of Project Idea
Not everyone is clear about the project idea so as we.
Initially we wanted to develop a platform where you can rent websites that are re-usable for different collections.
But after some time, we had a look at renting NFTs and we have reframed our idea to include it too.
Building a Factory version of Contracts
It was difficult for us to form factory versions for whitelisting sale creation and Rentable NFT smart contracts.
But with the help of stackoverflow and github, we made it.
Credits are given to the people whose code has helped us in smart contracts generation.
Ensuring Uniqueness of the Project
Uptil Dapp rent , our idea was really unique.
But the inclusion of NFT renting made us somehow related to existing projects like reNFT.
We need to be unique. We tried to ensure uniqueness by using ERC4907 standard.
We wrote easy to understand well commented smart contracts that are fully transparent.
Existing projects lack these features.Also , our availability on Tron and Ethereum gave us an edge over others.
Un-availability of Laptop and Connectivity
One of the team members did not have the laptop and good internet connection.
He used to borrow laptop from his friends for coding.
At times he had to sleep at 7 P.M and wake up at 12 A.M to do work
as laptop was only free from 12 A.M to 6 A.M. But we made it.
User experience and Decentralization
When we wanted to show available NFTs and Dapps for rent
we wanted the storage to be decentralized but smart contract performs a bunch of stuff with the records.
We could load available NFTs from smart contracts but it is a slow process and User Experience might suffer.
We have achieved both User Experience and Decentralized storage properties with IPFS and filecoin’s web3 storage.
What we learned
Working with multiple Blockchains
Crafting a good user experience
Built industry level Smart Contracts
Grasped strong understanding of IPFS ,Tron development tools and NFTs in depth
What’s next for RentWeb3
We are aiming to be the number one marketplace for Renting Web3 assets Globally.
Currently we are dealing with NFT and Dapp renting that are NFT centered.
We are implementing their basic features, but in distant future we are aiming to implement
- Variety of Dapps to rent
- APIs to build scalable apps on top of our platform ( composability )
- More to be added
, this project is a kind of what we call all in one in the field of web3 dapp. I would like to know more about the project and I can’t wait till the project is done.
.