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Development of NFT functionality for LiveCGI Streaming Platform

LiveCGI presents a complete CGI studio toolkit, enabling quick and abundant unique content creation in real time. Its sophisticated software minimizes equipment and staffing needs, fostering boundless creativity. From games to education to entertainment, our toolkit brings your vision to life in various formats (AR, VR, Flat screens) in real-time.

IdeaSoft team has contributed to the beta version of the StreamMyScreen platform for LiveCGI. This integration allows the creation of NFTs from saved video content on StreamMyScreen. The platform supports connecting Ethereum and SKALE blockchains, ensuring secure transactions and ownership verification.

Learn more about our Blockchain Development Services

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Client LiveCGI
Services Blockchain Smart contracts Back-end
Technologies Ethereum SKALE Solidity Node.js
Project Description

Product Overview

StreamMyScreen is a dynamic software platform that empowers users to craft live branded content. On the other hand, Live CGI specializes in creating custom metaverses for modern streamers. With their patented technology, content creators, businesses, and organizations can mint and sell their content, all while retaining control through their Web 3.0 proprietary platform.

For the StreamMyScreen platform, we’ve introduced new features, including the ability to list NFTs via API on OpenSea and NFT bridging to the Ethereum Network. Additionally, users can now take advantage of NFT minting opportunities using the Skale Network.

As the main enhancement, the platform empowers users to create video clips and seamlessly mint NFT tokens from them, revolutionizing the process of transforming visual content into valuable digital assets. The introduction of these features bolsters the platform’s capabilities and opens up exciting possibilities for content creators and consumers alike.

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Target Audience

Target Market

For all creators, the platform offers a user-friendly toolkit, granting access to various streaming websites like Twitch, Vimeo, Facebook Live, Instagram Live, YouTube Live, and TikTok Live, simplifying content creation.

For agents, StreamMyScreen benefits by providing sellable content and facilitating the development of custom metaverses for streamers. Agents can grow their customer base through the software, enhancing their business prospects.

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Business Needs

Business Needs

  1. Smart contract for SKALE minting: design a smart contract enabling seamless minting on the SKALE network, facilitating subsequent NFT listing on the Curate platform;
  2. Smart contract for Ethereum minting: develop a smart contract to enable efficient minting on the Ethereum network, paving the way for NFT listing on Opensea;
  3. Bridge integration for Ethereum: implement bridge mechanism for swift asset transfer from Skale to Ethereum;
  4. Storage and retrieval process: establish a streamlined process to fetch both video clips and metadata from the Amazon S3 bucket. Subsequently, store them on IPFS, generating corresponding URIs for NFT minting;
  5. Cross-chain minting via bridge: construct a bridge contract that empowers users to seamlessly mint NFTs, ensuring smooth cross-chain compatibility from Skale to the Ethereum chain;
  6. Web3 wallet interaction: Integrate smart contract functionality with users’ wallets, ensuring seamless sign-in from the SMS;
  7. Curate marketplace integration: Enable Skale-chain NFTs to be seamlessly viewable and integrated within the Curate Marketplace ecosystem.
Implemented Solution

Implemented Solution

  • Implementation of smart contracts for NFT minting on both Ethereum and Skale networks, ensuring compatibility and accessibility across platforms;
  • NFT listing functionality facilitated through a seamlessly integrated API connection to OpenSea and Curate marketplaces;
  • Minting of NFT tokens, based on streamed video clips, facilitated through an intuitive process;
  • User access is enabled through an SMS-based login process;
  • Robust integration with IPFS for efficient storage and interactions of media files and metadata;
  • Smooth NFT bridging to Ethereum leveraging the established IMA bridge solution.
Challenges

Challenges

One of the challenges we encountered was incomplete status of the Curate web version. Our planned deadline was set before Curate’s final version was ready. This presented challenges as we had to ensure our information stayed current and make sure everything matched up correctly.

 

Therefore, we agreed on a solution to mint tokens through the Curate mobile app. This twist in the tale added an extra layer of complexity to our development process. Still, through strategic adjustments and perseverance, we managed to navigate this challenge and ensure a successful integration.

Delivery Time

Delivery Time

3 months

Team Size

Team Size

6 team members