NFT Payment Solutions

About Circle
Circle is a principal developer of USD Coin (USDC), which together with Coinbase and the Centre Consortium oversees the standards and protocol for what has become the fastest growing, regulated, fully-reserved stablecoin.
Background
Context: NFTs are gaining widespread popularity. However, the vast majority of NFTs are currently only available on-chain, and only a very small number of all people are currently on-chain. This can be exemplified by the fact that Metamask, the most popular EVM compatible crypto wallet, has only surpassed 5 million users, representing 0.06% of the world population. Hence, the vast majority of humanity has yet to get access to most of the available NFTs.

As such, there is currently a need for solutions to simplify the ways NFTs are bought and sold, for people who are not familiar with on-chain wallets.
The Challenge: NFT Payment System Solutions ⚔️⚔️⚔️
Build a NFT payments solution with the best possible customer experience. NFTs are a global phenomenon, catering to crypto-enthusiasts and non-crypto-native consumers. By incorporating USDC and payment gateways like Circle APIs into your payments solution, you will allow people to easily buy and sell NFTs with both crypto and traditional payment methods.
Submissions and Next Steps
Please submit the following:
  1. Working Prototype (optional)
  2. Publicly accessible code repo
  3. Slide Deck (follow this sample deck/template, keep to 6 slides or less) explaining the solution
  4. 2-min video (optional)
Please make sure to submit your solution before 30 Aug 2021.
The best solutions will be curated by a jury of NFT and blockchain experts.
Review the Workshop
Learn everything you need to know about this track in this exclusive workshop by Circle.
Join the Hackathon Slack Channel
Interact directly with Circle representatives & access resources in the dedicated NFT Vision Hack Slack channel
Prize Pool
1st Prize
US$10K
in USDC
2nd Prize
US$5K
in USDC
3rd Prize
US$3K
in USDC
IPFS Prize
US$500 in BTC, ETH or FIL
For the best implementation of IPFS in your project.

*Terms and Conditions apply.