FIO Assets - User generated assets on FIO Blockchain

[ericbutz]

This discussion serves as forum to discuss creation of user generated assets onto the FIO Blockchain.

The current architecture of FIO Protocol is able to provide Layer 1 functionality like token bridging, pegging, wrapping, and asset storage to Layer 2 applications. But, L1 functionality cannot be easily accessed by L2 applications in FIO Protocol’s current state as a closed contract platform. The solution is to allow users to create their own assets on the FIO Blockchain by deploying a standard set of contracts to enable their implementation. For example, similar functionality has been achieved with AtomicAssets/SimpleAssets which allows users to generate assets using a single contract on the EOSIO and WAX chains.

The FIO Assets project proposes the following:

• Development and deployment of one or more contracts on the FIO Chain to enable users to create assets compatible with ERC20 and ERC721/ERC1155 and similar standards.
• Partnering with existing marketplaces and applications to provide asset storage

[ericbutz]

Additional information can be found:

• On the FIO Wiki: https://fioprotocol.atlassian.net/wiki/spaces/DAO/pages/479264842/FIO+Assets
• In FIO Jira: https://fioprotocol.atlassian.net/browse/BD-3772

[ericbutz]

Discussion related to this feature: https://fioprotocol.atlassian.net/wiki/spaces/FC/pages/52264992/Peg+In+to+FIO+Other+Blockchain+Tokens+on+FIO