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[$1000 ATOMs] Build a reusable smart contract component
agoric
reusablecomponent, smartcontract, dapp, agoric, ertp, javascript
### Build a reusable smart contract component
### Prize Bounty
2 prizes x $500 in ATOMs
### Challenge Description
In the Agoric platform, you build smart contracts in JavaScript, a language that thrives because people build and leverage reusable components. In this challenge, you will do exactly that for smart contract components.
The Electronic Rights Transfer Protocol (ERTP) APIs simplify the creation and exchange of new digital assets, and the manipulation by smart contracts. Build a reusable smart contract and use it in a dapp.
Here are some ideas:
- Bonded obligation (if I don't pay X by time T, this value Y is forfeit)
- A system of derivatives as assets on underlying assets (see the covered call example)
- Auctions, including continuous, Dutch, and second-price with real secrecy on the bids
- Stock with dividends and voting
- A small NFT games example
Thereβs a longer list of idea seeds at https://github.com/Agoric/cross-chain-hackathon/wiki/Ideas-for-a-reusable-smart-contract-component. Contribute your own!
There are two ways to score higher: build a smart contract into a working dapp, and combine multiple smart contracts into a dapp.
**Working dapp**: includes an API and web/mobile frontend. For example, an exchange UI could showcase a derivative contract by using it for multiple different underlying assets (e.g., pegged currencies, NFTs, etc.)
**Combo**: includes multiple smart contracts which are combined to provide rich functionality. For example, an insurance dapp might have contracts for
- Processing a claim
- Making a claim within a bounded time (basically the policy)
- Purchasing a time-bounded contract
- Underwriting a money claim based on a risk metric
- The insurance dapp would put those simpler contracts together to support the insurance workflow.
Join our Keybase support channel **agoric.support#crosschain-hackathon**
### Resources
https://agoric.com/documentation/getting-started/
https://agoric.com/documentation/ertp/guide/
### Submission Requirements
Demonstrate that a reusable smart contract component works in a dapp.
### Submission Deadline
May 11th, 23:59:59 UTC
### Judging Criteria
- All code must be open source
- A working demo is highly preferred
- Documentation is highly preferred
### Winner Announcement Date
May 18th, 2020
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