FxList ~ Dcentralized Initial Coin Offering Platform on Fraxtal

Introduction

FxList is a decentralized Initial Coin Offering (ICO) platform built on the Fraxtal blockchain. It empowers businesses to offer their shares directly to the public in a transparent and efficient manner, marking a step towards widespread adoption of decentralized finance (DeFi).

Why FxList Matters ?

DeFi Adoption: FxList serves as a gateway for traditional businesses to enter the DeFi space. By offering a familiar concept (share offerings) on a decentralized platform, it lowers the barrier to entry for companies hesitant to explore blockchain-based finance.
Alternative to Traditional Finance: FxList provides businesses with a compelling alternative to traditional banking and fundraising methods. The platform's efficiency, transparency, and reduced costs incentivize companies to choose Fraxtal and FxList over conventional financial institutions.
Cascade Effect: As more businesses adopt FxList and Fraxtal for their financial operations, it creates a ripple effect. Partners, suppliers, and customers of these businesses are exposed to the benefits of DeFi, potentially leading to wider adoption of Frax Finance ecosystem.
Democratization of Investment: FxList opens up investment opportunities to a global pool of investors, democratizing access to promising ventures that may have been limited to select groups in traditional finance.
Ecosystem Growth: The increased activity on FxList contributes to the overall growth and stability of the Fraxtal ecosystem, further establishing it as a go-to platform for decentralized financial services.

Key Features

Decentralized ICO platform
Built on Fraxtal blockchain
Direct share offerings for businesses
Transparent and efficient process
Seamless integration with Frax Finance ecosystem
Global accessibility for investors

Benefits of Building on Fraxtal Mainnet

Building this project on the Fraxtal mainnet offers several key advantages:

Scalability: The Fraxtal mainnet is designed to handle a large number of transactions, ensuring smooth and efficient operation even during high traffic periods.
Interoperability: Fraxtal's infrastructure supports interoperability with other blockchain networks, enhancing the flexibility and reach of your ICO.
Lower Transaction Fees: Enjoy lower transaction fees compared to other blockchain networks, making it cost-effective to launch and manage ICOs.

Getting Started

Installation

run locally:

git clone https://github.com/priyanshur66/fxlist.git

cd fxlist

create and populate .env based on sample.env

npm install 

npm run dev

Contract details

Contract Address : 0xa79a6326251b0051788dca2337137afc678c2a7b
Explorer URL : https://fraxscan.com/address/0xa79a6326251b0051788dca2337137afc678c2a7b

Sequence Diagram of FxList

sequenceDiagram
    actor User
    participant Frontend
    participant ERC20Contract
    participant FxListContract
    participant Marketplace

    User->>Frontend: Connect wallet
    Frontend->>User: Wallet connected

    User->>Frontend: Issue shares (Create ERC20 token)
    Frontend->>ERC20Contract: Deploy custom ERC20 token
    ERC20Contract->>User: Transfer all tokens to creator

    User->>Frontend: Create ICO
    Frontend->>FxListContract: Create pre-sale (token address, initial price)
    FxListContract->>Marketplace: Add token to marketplace

    User->>ERC20Contract: Transfer shares to FxList contract
    ERC20Contract->>FxListContract: Receive tokens

    Note over Marketplace: ICO visible in marketplace

    actor Buyer
    Buyer->>Marketplace: View available ICOs
    Buyer->>Frontend: Buy tokens
    Frontend->>FxListContract: Buy tokens (token address, amount)
    FxListContract->>User: Transfer payment
    FxListContract->>Buyer: Transfer tokens

    User->>Frontend: Withdraw unsold tokens
    Frontend->>FxListContract: Withdraw tokens (token address, amount)
    FxListContract->>User: Transfer unsold tokens

priyanshur66/Superhack-fxList