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[Microgrant] Motodex #229

Open livepeer-grants-bot opened 4 months ago

livepeer-grants-bot commented 4 months ago

Application by : oleksiivinogradov

Project Description

motoDEX is a high-speed racing game with NFT integration, offering easy-to-follow gameplay and a dynamic gaming economy. It solves the problem of limited monetization options in traditional gaming by providing players with opportunities to invest in NFT assets, ensuring transparent financial transactions and fostering a thriving in-game economy.

Link to public GitHub repo (if applicable)

https://github.com/oleksiivinogradov/motoDEX

Link to demo website (if applicable)

https://openbisea.io/motodex.

How is Livepeer used for this project?

Livepeer can be used in the motoDEX project to enhance the gaming experience through decentralized video streaming capabilities. By integrating Livepeer, motoDEX can stream live races, events, or updates directly within the game, providing a seamless and immersive experience for players. This decentralized video streaming solution ensures high-quality video delivery while reducing costs compared to traditional centralized streaming services. Additionally, Livepeer's infrastructure allows for scalability, enabling motoDEX to accommodate a large number of concurrent viewers without sacrificing performance. Overall, Livepeer enhances the interactive and engaging aspects of the motoDEX gaming platform, contributing to its overall success and user satisfaction.

How will you improve your project with this grant? What steps will you take to meet this objective?

With this grant, we aim to enhance motoDEX by integrating Livepeer for decentralized video streaming, providing a seamless and immersive gaming experience. Steps include researching Livepeer's capabilities, developing integration plans, implementing the solution, and testing for optimal performance.

Was this project started at a hackathon or another web3 event? Which one?

no

Please describe (in words) your team's relevant experience, and why you think you are the right team to build this project. You can cite your team's prior experience in similar domains, doing similar dev work, individual team members' backgrounds, etc.

Our founding team possesses a unique combination of domain expertise in both blockchain technology and game development, providing us with a deep understanding of the challenges and opportunities at the intersection of these fields. Additionally, our extensive network within the gaming and blockchain communities gives us access to valuable partnerships and resources, enhancing our ability to execute our vision effectively. This blend of expertise and connections creates a formidable advantage that would be challenging for another team to replicate.

What is the project’s expected deliverable at the conclusion of the grant time period?

At the conclusion of the grant period, the expected deliverable is a fully integrated motoDEX platform with Livepeer decentralized video streaming capabilities. This will include a working application launched to production, documentation on the integration process, and potentially promotional materials such as blog posts or videos showcasing the enhanced gaming experience.

What is the one thing (the core mechanic) you want someone to do when using your deliverable?

The core mechanic we want users to engage in when using our deliverable is to seamlessly participate in high-speed races within the motoDEX platform while enjoying immersive live streaming of races and events through decentralized video streaming powered by Livepeer.

How will this deliverable benefit the Livepeer ecosystem?

This deliverable will benefit the Livepeer ecosystem by showcasing the platform's capabilities in decentralized video streaming within a popular gaming application like motoDEX. It demonstrates the versatility and scalability of Livepeer's infrastructure, attracting more developers and users to utilize Livepeer for various streaming applications, thus expanding the ecosystem.

How did you learn about the Livepeer Grants Program?

from investors