Bringing hard money properties to soft money inside close communities
The whole project is based on the ability to import personhood proof on the chain using WorldCoin’s API. Solving this problem allows us to remediate the creation of spirals of debt that can appear when we have anonymity. Because of the proof of minting that Ordinals have brought, we also can track when we created that debt and are to bring those real-world assets on the blockchain using Miras API that gives us the result of off-chain execution into the chain. This can also be scaled across communities using Hyperlink’s solutions.
We came up with the initial idea Thursday evening and checked its viability till Saturday afternoon and finished finalizing the project plan Saturday evening. Meanwhile, the team started developing the off-chain to on-chain ramp and we were supposed to connect the ends but ran out of time.