Encapsulate legal agreements into NFCs to create auctionable and tradable assets.
LegalNFT is DApp which heavily leverages on IPFS and (indirectly) FileCoin storage to manage legal documents, and organize them into signed and notarized agreements. Each document is saved in IPFS, as well as each collection of documents representing legal agreements which include identity documents, agreements, digital certifications etc. A collection can be deemed a legal agreement, (digitally) signed as such and notarized into an NFT. Finally, these NFTs are an embodiment of assets or liabilities which can eventually auctioned off, securitized into fungible shares and put to work in DeFi. I also proposed and prototyped a mortgage lending protocol (no GUI yet) using LegalNFT and AAVE.
How it's made