The Lucidao Marketplace for Luxury Collectibles — Key Development insights

Hi Lucidao Community,

It’s again time to get excited!

The beta version of Lucidao Marketplace is shaping up and soon you will be able to purchase your dream watches.

Here is a little update, let’s go a bit into technical aspects as well.

Our devs are heads down on the development of the smart contracts that will form the Lucidao NFT-based Marketplace protocol.

Currently, the high-level architecture of the Marketplace consists of the following:

• An upgradeable DAO-permissioned NFT Contract Factory that is responsible for deploying and keeping track of the NFT smart contracts that the oracles will use to mint their collectibles (check our previous Medium article about the marketplace for more details on its functionalities).
• An improved ERC721 standard blueprint, augmented with features like permissioned access structures, redeemability and other features, used by every collection deployed from the Factory.
• An upgradeable modular NFT-based Marketplace featured with NFT custody, modifiable listings, fees calculation, and augmented security checks and others.
• An upgradeable NFT Collateral Retriever Manager, used to facilitate a secure channel for buyers and caveau to come to an agreement for the retrieval of the collectibles backed by the NFT.
• An upgradeable Custody Service Manager that calculates fees and redeemability of the stored collectibles.
• An upgradeable License Manager used for giving special bonuses and statuses to users willing to lock LCD and LCD liquidity for a period of time.

In the meanwhile our UX-UI team is progressing on the front-end development by carefully rendering the web pages. They are paying special attention on responsiveness and usability through the design of the interactions that users will be able to perform on the marketplace.

We are also focusing on expanding our development and marketing team with new talents!

This week we had a few talks with a couple of candidates that reached us on Lucidao Official Discord server and we’ll keep assessing profiles coming our way. If you like what we’re building and you think you have resources or skills that can be put to good use for the prosperity of our DAO, please feel free to reach out to @AG_Crypto (Won’t ever DM you) or others team members and let’s have a chat!

Don’t forget to follow and participate in our channels:

- Discord: https://discord.gg/lucidao

- Telegram: https://t.me/lucidao

- Twitter: https://twitter.com/Lucidao_