Scene Capital - Project Description for Pharos Blockchain Hackathon

1. Project Summary

Scene Capital is a Web3 platform developed for the Pharos Blockchain Hackathon, leveraging the Pharos Network to transform intellectual property (IP) licensing and ownership. By integrating blockchain technology, it creates a decentralized ecosystem that connects creators, investors, and fans, enabling fractional IP ownership and transparent royalty distribution. Built with a modern tech stack and Pharos Testnet smart contracts, Scene Capital showcases the potential of blockchain for creative industries.

• Repository: https://github.com/your-username/scene-capital

• Demo URL: https://scene-capital.vercel.app (Placeholder, replace with actual deployment)

• Pharos Testnet Explorer: https://pharos-testnet.caldera.xyz/

2. Hackathon Objectives

Scene Capital aims to:

• Demonstrate Pharos Network’s scalability and security for IP tokenization.

• Provide a user-friendly platform for creators and investors to manage tokenized IP assets.

• Showcase decentralized royalty distribution via smart contracts on Pharos Testnet.

3. Core Features

• Fractional IP Ownership: Investors can purchase fractions of creative IP assets.

• Transparent Licensing: Blockchain-verified agreements ensure trust and clarity.

• Automated Royalties: Smart contracts on Pharos Testnet enable fair, timely payments.

• Creator-Investor Connection: Direct engagement without intermediaries.

• Pharos Integration: Secure transactions and ownership records on Pharos Testnet.

4. Target Users

• Creators: Artists, musicians, filmmakers, and writers creating IP.

• Investors: Individuals and institutions exploring IP investment opportunities.

• Licensees: Businesses licensing creative works.

• Fans: Supporters participating in fractional IP ownership.

5. Technical Architecture

5.1 Frontend

• Framework: Next.js 13 (App Router)

• Language: TypeScript

• Styling: Tailwind CSS

• Animation: Framer Motion

• UI Components: Shadcn/ui

• State Management: React Hooks and Context API

5.2 Backend

• API Routes: Next.js RESTful APIs

• Database: MongoDB via MongoDB Atlas

• Authentication: JWT-based with cookie storage

• Validation: Express-validator

5.3 Pharos Blockchain Integration

• Network: Pharos Testnet (Chain ID: 0xC352)

• Wallet: MetaMask for user wallet connection

• Smart Contracts: Solidity contracts for IP tokenization and royalties

• RPC URL: https://pharos-testnet.rpc.caldera.xyz/http

• Explorer: https://pharos-testnet.caldera.xyz/

5.4 Deployment

• Frontend & API: Vercel

• Database: MongoDB Atlas

• Smart Contracts: Deployed on Pharos Testnet

6. Key Features

6.1 Investor Dashboard

• Portfolio value tracking (e.g., $50,000 demo value)

• Performance metrics (e.g., +10% monthly gain)

• Asset distribution visualization

• ROI tracking (e.g., 20%)

• Transaction history on Pharos Testnet

6.2 Creator Dashboard

• Project creation and management

• Funding progress (e.g., 60% funded)

• Royalty tracking via Pharos smart contracts

• Licensing deal overview

• IP tokenization status

6.3 Order Management

• Types: Buy/Sell orders

• Categories: Market/Limit orders

• Status: Open, Filled, Partial, Cancelled

• Verification: Pharos transaction hash tracking

6.4 Licensing System

• Deal Creation: Simplified agreement process

• Royalty Terms: Percentage and payment frequency

• Territory: Geographic restrictions

• Status: Draft, Active, Expired

7. User Flows

7.1 Investor Flow

• Access “Invest in IP” on landing page.

• Connect MetaMask to Pharos Testnet.

• Browse IP projects, invest via smart contracts, and track portfolio.

7.2 Creator Flow

• Submit project via landing page.

• Connect MetaMask, upload assets, and set terms.

• Tokenize IP on Pharos and manage royalties.

8. Smart Contracts

8.1 Network Configuration

• {

•   chainId: "0xC352",

•   chainName: "Pharos Testnet",

•   nativeCurrency: {

•     name: "ETH",

•     symbol: "ETH",

•     decimals: 18

•   },

•   rpcUrls: ["https://pharos-testnet.rpc.caldera.xyz/http"],

•   blockExplorerUrls: ["https://pharos-testnet.caldera.xyz/"]

• }

8.2 Contracts

• IP Tokenization: Manages token creation and ownership.

• Royalty Distribution: Automates payments on Pharos.

• Marketplace: Facilitates token trading.

9. Security

• Wallet: Secure MetaMask integration.

• Data: Encrypted MongoDB storage.

• Contracts: Audited Solidity code with fail-safes.

10. Hackathon Deliverables

• Demo: Functional platform at https://scene-capital.vercel.app

• Contracts: Deployed on Pharos Testnet

• Code: Open-source at GitHub

• Pitch: Highlights Pharos Network’s scalability and security

11. Setup Instructions

• # Clone repository

• git clone https://github.com/your-username/scene-capital.git

• cd scene-capital

• # Install dependencies

• npm install

• # Configure environment

• cp .env.example .env.local

• # Add Pharos Testnet RPC and MongoDB Atlas URI to .env.local

• # Run server

• npm run dev

• Commands:

  • npm run dev: Start dev server

  • npm run build: Build production

  • npm run start: Run production

12. Pharos Network Benefits

• Scalability: Supports high transaction volumes.

• Security: Robust contract execution.

• Speed: Fast confirmations for hackathon demos.