L2 NFT Gift Cards

May 3, 2023
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Ecosystem Project
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What is an Ecosystem Project Idea?

An Ecosystem Project Idea is an idea for a project that someone could build within the Optimism ecosystem. As opposed to an Ecosystem Concept or an Ecosystem Idea, an Ecosystem Project is generally more fleshed out and corresponds to a relatively clear product to be built.

Summary

Bridging UX today is a blocker to more people onboarding onto L2s. We’ve heard this especially for NFT users, who tend to be less technical and daring with random interfaces that take their tokens. Gift cards are a great way to get someone into the L2 ecosystem.

From the Bridge Pass Mirror post:

What if we took the gift card metaphor to make collectible NFT editions that, when minted, automatically bridge funds to an L2?

Instead of bridging to L2 through a boring “swap” UX, what if users could buy a cool looking NFT! Under the hood, the purchaser receives the collectible NFT on L1, while the funds are bridged and made available on L2.

Create a gift card NFT that contains a special note for the recipient and can be redeemed for a certain amount of ETH or OP on OP Mainnet. The gift cards could live either on L1 or on L2.

Possible Features

  • Giftcard marketplace”-like interface, with maybe just a couple of highly desired collections (motorheadz?)
  • Allow users to create a gift card by writing a message and attaching some ETH or OP.
  • Allow users to send the gift card to addresses on Ethereum or OP Mainnet.
  • Allow recipients to access the gift card, see the special message, and redeem the gift card for its value.
  • Buy an NFT, autobridge from L1 (or wherever you have funds)
  • If the gift card is sent on Ethereum, redeeming should perform a deposit into OP Mainnet.
  • If the gift card is sent on OP Mainnet, redeeming should simply transfer assets to the recipient.

Impact

  • This can onboard new NFT users by just sneaking bridging under the hood.
  • It can be a fun way to make OP NFTs go viral — by gifting!
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  • Tag 1
    Consumer Apps
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