sub0 Asia 2024 - Abhishek Sira Chandrashekar (Phyken Network)

on YouTube ↗25m

" summary

Phyken fractionalizes real solar farms on a Substrate chain using Pallet-NFT together with pallet-asset to lock an NFT and mint fungible tokens; the demo mints an NFT, issues 100 fractions, and later unifies them (unify burns collection) so the original NFT is restored. Runtime pays on-chain storage via collection/item/attribute deposits, Parity’s new NFT-fractionalization pallet handles fractionalize/unify, and the local demo successfully mints, fractionalizes, trades, and unifies.

AI-written summary · about

" chapters (15)

1. 0:00Phyken Network introduction
2. 1:06What tokenization means
3. 2:07Fractionalizing assets
4. 3:32Why fractionalize assets
5. 6:23Phyken’s solar asset fractionalization
6. 7:50Pallet NFT technical overview
7. 13:11NFT fractionalization pallet
8. 16:01Runtime NFT configuration
9. 16:28Live demo: Minting NFT
10. 18:18Demo: NFT ownership setup
11. 19:19Demo: NFT verification
12. 20:21Demo: Splitting NFT
13. 21:46Demo: Unifying tokens
14. 23:12Closing remarks
15. 23:56Q&A: Asset to NFT mapping

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