Vynix
An RWA platform that's Tokenizes Collectibles
Videos
Description
Vynix: RWA Trading Card Marketplace
Overview
Vynix is a Real World Asset (RWA) project built for the Pharos Network Hackathon on HackQuest. It bridges the gap between physical trading cards and blockchain technology, enabling users to securely tokenize, trade, and prove ownership of real, authenticated cards through a seamless web platform.
Key Features
RWA Tokenization: Physical trading cards are authenticated, securely vaulted, and represented as NFTs on the Pharos blockchain. Each NFT is a 1:1 on-chain representation of a real, insured asset.
Marketplace: Users can buy, sell, and auction tokenized cards with full provenance and transparent pricing history.
Authentication & Vaulting: Every card undergoes expert authentication and is stored in a secure, insured vault before tokenization.
Ownership & Provenance: Blockchain records provide immutable proof of authenticity, ownership, and transaction history for each asset.
User Wallet Integration: Native support for embedded wallets and direct on-chain transactions using PHAR tokens.
Why RWA?
Trust: Physical assets are professionally authenticated and securely stored, ensuring buyers receive genuine items.
Liquidity: Tokenization enables instant trading of real-world collectibles without waiting for physical shipping or escrow.
Transparency: On-chain provenance and price history eliminate counterfeiting and price manipulation.
Global Access: Anyone can participate in the collectible card market, regardless of location, with 24/7 liquidity.
How It Works
Authentication: Cards are submitted and verified by experts.
Vaulting: Verified cards are stored in a secure, insured vault.
Tokenization: Each card is minted as an NFT on the Pharos blockchain.
Marketplace: Tokenized cards can be listed for sale or auction, with full on-chain tracking.
Redemption: Owners can redeem the NFT to claim physical delivery of the card at any time.
Tech Stack
Frontend: Next.js, React, Tailwind CSS
Smart Contracts: Solidity, Foundry, OpenZeppelin
Blockchain: Pharos Network
Wallet Integration: Privy embedded wallets, EIP-1193 support
Project Structure
app/
: Next.js application (marketplace, profile, card details, wallet integration)components/
: UI components and marketplace modulesfoundry/
: Solidity contracts for NFT minting, trading, and asset management
Submission Details
Track: Real World Assets (RWA)
Hackathon: Pharos Network Hackathon on HackQuest
Project: Vynix – RWA Tokenized Trading Card Marketplace
This project demonstrates the power of RWA tokenization by providing a transparent, secure, and liquid marketplace for real-world collectibles.
Tech Stack
Fundraising Status
not yet