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HASH: 0x0011...2022.05 - 2022.07

Data NFT & DAO Platform

NFT + Governance

System Description

Solo-built concept for data asset tokenization using ERC-1155 with DAO-based governance.

Technologies

SolidityERC-1155IPFSReactNode.js
Data NFT & DAO Platform
ROLE: SOLO_DEVELOPERDOMAIN: BLOCKCHAIN
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PROBLEMThe Challenge

Needed to balance liquidity, governance, and creator incentives in a single protocol design.

SOLVEDThe Solution

Designed ERC-1155-based asset model and DAO governance flows, including platform selection research and tradeoffs.

Technical Deep Dive

Data NFTization & DAO Platform

Developed an innovative platform that transforms data assets into NFTs and implements a DAO-based governance system for NFT sales participation.

System Architecture

Data Asset Tokenization

Designed a comprehensive system to convert data into tradable NFT assets with verifiable ownership and usage rights.
Supported Data Types:
  • Research datasets
  • Analytics reports
  • Market intelligence
  • User behavior data
  • Proprietary algorithms

ERC-1155 Multi-Token System

Implemented ERC-1155 standard for efficient multi-token management.
solidity
// Data NFT Multi-Token Contract contract DataNFT is ERC1155, Ownable { struct DataAsset { string dataHash; // IPFS hash of encrypted data string metadataURI; // Metadata location uint256 totalSupply; // Maximum editions uint256 price; // Base price per token address creator; // Data provider uint256 royaltyPercent; // Royalty for creator bool transferable; // Can be resold } mapping(uint256 => DataAsset) public dataAssets; uint256 public nextTokenId; function mintDataNFT( string memory dataHash, string memory metadataURI, uint256 supply, uint256 price, uint256 royaltyPercent ) external returns (uint256) { uint256 tokenId = nextTokenId++; dataAssets[tokenId] = DataAsset({ dataHash: dataHash, metadataURI: metadataURI, totalSupply: supply, price: price, creator: msg.sender, royaltyPercent: royaltyPercent, transferable: true }); _mint(msg.sender, tokenId, supply, ""); emit DataAssetMinted(tokenId, msg.sender, dataHash); return tokenId; } }

DAO Governance System

NFT Sales Participation

Implemented a unique DAO mechanism where token holders vote on which data NFTs to list for sale.
solidity
// DAO Governance Contract contract DataNFTDAO { struct Proposal { uint256 tokenId; // NFT to be listed uint256 proposedPrice; // Suggested sale price uint256 votesFor; uint256 votesAgainst; uint256 deadline; bool executed; mapping(address => bool) hasVoted; } mapping(uint256 => Proposal) pub proposals; uint256 public proposalCount; uint256 public constant QUORUM = 30; // 30% participation required uint256 public constant APPROVAL_THRESHOLD = 60; // 60% approval needed function createProposal( uint256 tokenId, uint256 proposedPrice ) external returns (uint256) { require(governanceToken.balanceOf(msg.sender) > 0, "No voting power"); uint256 proposalId = proposalCount++; Proposal storage proposal = proposals[proposalId]; proposal.tokenId = tokenId; proposal.proposedPrice = proposedPrice; proposal.deadline = block.timestamp + 7 days; emit ProposalCreated(proposalId, tokenId, proposedPrice); return proposalId; } function vote(uint256 proposalId, bool support) external { Proposal storage proposal = proposals[proposalId]; require(block.timestamp < proposal.deadline, "Voting ended"); require(!proposal.hasVoted[msg.sender], "Already voted"); uint256 votingPower = governanceToken.balanceOf(msg.sender); if (support) { proposal.votesFor += votingPower; } else { proposal.votesAgainst += votingPower; } proposal.hasVoted[msg.sender] = true; } function executeProposal(uint256 proposalId) external { Proposal storage proposal = proposals[proposalId]; require(block.timestamp >= proposal.deadline, "Voting ongoing"); require(!proposal.executed, "Already executed"); uint256 totalVotes = proposal.votesFor + proposal.votesAgainst; uint256 totalSupply = governanceToken.totalSupply(); require( totalVotes * 100 / totalSupply >= QUORUM, "Quorum not reached" ); require( proposal.votesFor * 100 / totalVotes >= APPROVAL_THRESHOLD, "Proposal rejected" ); proposal.executed = true; marketplace.listNFT(proposal.tokenId, proposal.proposedPrice); } }

NFT Royalty System

Perpetual Creator Rewards

Designed sophisticated royalty distribution ensuring creators benefit from secondary sales.
solidity
contract RoyaltyManager { struct RoyaltyInfo { address recipient; uint256 percentage; // Basis points (100 = 1%) } mapping(uint256 => RoyaltyInfo[]) public royalties; function setRoyalties( uint256 tokenId, address[] memory recipients, uint256[] memory percentages ) external onlyCreator(tokenId) { require(recipients.length == percentages.length, "Length mismatch"); uint256 totalPercent = 0; for (uint256 i = 0; i < percentages.length; i++) { totalPercent += percentages[i]; royalties[tokenId].push(RoyaltyInfo({ recipient: recipients[i], percentage: percentages[i] })); } require(totalPercent <= 2000, "Max 20% royalty"); } function distributeRoyalties(uint256 tokenId, uint256 salePrice) internal { RoyaltyInfo[] storage royaltyInfo = royalties[tokenId]; for (uint256 i = 0; i < royaltyInfo.length; i++) { uint256 amount = (salePrice * royaltyInfo[i].percentage) / 10000; payable(royaltyInfo[i].recipient).transfer(amount); } } }
Royalty Features:
  • Multi-recipient support (split royalties among collaborators)
  • Customizable percentages per NFT
  • Automatic distribution on every sale
  • Immutable once set to ensure trust

Blockchain Platform Research

Multi-Chain Evaluation

Conducted comprehensive analysis of blockchain platforms for optimal project requirements:
Evaluated Platforms:
  1. Ethereum: High security, established ecosystem, but expensive gas
  2. Polygon: Low fees, Ethereum compatibility, good for scaling
  3. Klaytn: Asian market focus, fast finality, moderate fees
  4. BSC: Low cost, wide adoption, centralization concerns
  5. Solana: High throughput, low cost, but different programming model
Selection Criteria:
  • Transaction cost vs. throughput
  • Smart contract capabilities
  • Developer ecosystem
  • Target market accessibility
  • Security and decentralization
Final Selection: Ethereum + Polygon (L2)
  • Ethereum for high-value assets
  • Polygon for frequent transactions and lower-value data sets

Full System Design

Architecture Components

┌─────────────────────────────────────────────┐
│         Frontend (React + Web3.js)          │
│  - Data Upload UI                           │
│  - DAO Voting Interface                     │
│  - NFT Marketplace                          │
└────────────────┬────────────────────────────┘
                 │
┌────────────────▼────────────────────────────┐
│         Backend API (Node.js)               │
│  - Data Encryption Service                  │
│  - IPFS Integration                         │
│  - Blockchain Event Listener                │
└────────────────┬────────────────────────────┘
                 │
┌────────────────▼────────────────────────────┐
│      Smart Contracts (Solidity)             │
│  ├─ DataNFT (ERC-1155)                      │
│  ├─ DataNFTDAO (Governance)                 │
│  ├─ Marketplace (Trading)                   │
│  └─ RoyaltyManager (Distribution)           │
└──────────────────────────────────────────────┘

Data Flow

  1. Upload: User uploads data → Backend encrypts → Stores on IPFS
  2. Mint: User mints NFT with IPFS hash → Smart contract records ownership
  3. Propose: Token holder proposes listing → DAO contract creates proposal
  4. Vote: Community votes on proposal → Votes recorded on-chain
  5. Execute: If approved, NFT listed on marketplace
  6. Purchase: Buyer purchases → Royalties auto-distributed → Data access key transferred

Technical Achievements

| Component | Implementation | |-----------|----------------| | Token Standard | ERC-1155 multi-token | | Governance | DAO-based approval system | | Royalties | Multi-recipient, perpetual | | Data Storage | IPFS + encryption | | Access Control | Cryptographic key management | | Platform Research | 5+ blockchain platforms evaluated |