Closed bbmoz closed 1 year ago
stacks-foundation
commented
1 year ago 👋 @bbmoz Thanks for your application! We will do a pre-review and let you know if we have any immediate questions. In the mean time please refer to our review schedule here for a detailed timeline and response dates. Best, Will
will-corcoran
commented
1 year ago @bbmoz
Thank you for the proposal, however we we have decided to deny your application. For the next several quarters we are laser focused on conserving funding for efforts that have clear alignment with the current priorities of the grants program noted here - specifically sBTC.
I would suggest reaching out to Ileana at The Mintery - ileana@mintery.co - she is one of the community leaders within the NFT space and may be able to provide you with some additional suggestions on how Stacks can support your efforts.
Best, Will
APPLICANT
Type: Direct Application
Email: joe@inverse.app
Discord: RamenNoodles#8232
Twitter:
Stacks Forum: pineapplecat
GRANT BASICS
Grant Name: NFT Metaverse for Creators
Total Budget: 50,000
Total Duration: 2,560
Grant Type: Stacks Foundation Direct Investment
Grant Track: Stacks dApps & Clarity
Grant Goal: Create New Technology
Grant Audience: End Users (Consumer)
Specific Audience: Creators (artists, influencers) and communities (nft games, event organizers)
Grant Team: bbmoz, timdavish, hzoells, ogreninja
Previous Grants:
Ecosystem Programs: We'd like to receive grant support to build out metaverse use-cases with Stacks/sBTC and introduce these experiences to creators and orgs in the Stacks ecosystem including orgs we're already working with e.g. Splinterlands (one of the leading blockchain games on DappRadar).
GRANT MISSION, IMPACT, RISKS & REFERENCE
Grant Mission: We envision a metaverse platform where everyday creators and organizations can easily engage and monetize their communities through immersive 3D experiences on the blockchain. Our platform can help creators build 3D spaces, engage their communities with token rewards, monetize with NFT tickets/subs, and advertise with NFT furniture and avatars/accessories. This alongside other utility-oriented applications are critical for Stacks to establish themselves amongst other NFT-supported chains. Bitcoin has the opportunity to remain not just the financial leader but also a leader in promoting and supporting projects that can create value for the blockchain community.
In addition, we have a team that has proven its ability to execute. We've already built a prototype platform that served over 300 organizations and 50k users across varying 3D experiences. Our platform was built using React/Node JS and Unity and runs on web and mobile, emphasizing accessibility and usage over a broad range of devices. We'd love to introduce a Stacks-powered metaverse across both new and existing clients and communities including Splinterlands (a top blockchain game on DappRadar with over 2.5M active users), MCM (global luxury fashion brand), NFTopia/DYGYCON (ongoing bi-monthly blockchain conference that caters over 200 organizations every event), and Stack's ecosystem of projects as they create and share worlds and events built on top of Stacks. One case study of utilizing NFTs e.g. ticketing and avatars in the metaverse is PolyCon (the largest annual conference by Polygon) for which we've been selected as their metaverse partner; we're demonstrating how the metaverse and NFTs can be used to enable organizations to engage with users.
Post completion of the grant's outcomes, we'd like to continue partnering with Stacks for the long-term as we roll out and promote further, important metaverse use-cases. We're also open to suggestions to how the grants/partnership can be structured to meet Stacks' goals.
Grant Impact: Number of NFT Transactions (Stacks-powered tickets, subscriptions, avatars/accessories, space decor), and Number of Spaces Created (spaces built with proof of ownership on top of Stacks, where events and activities can be held to enable transactions of Stacks-powered NFTs)
Grant Risks: Risks include development of NFT transactions we'd like to build on top of Stacks/sBTC and implementation of UX/interfaces to enable spaces/events that promote these transactions. Support from Stacks is most critical. Our team can build and launch, and we can add to the team as needed to meet goals.
Support Link: We propose a metaverse platform built on top of Stacks and enable real use-cases of Stacks to the globe. By enabling creators to build spaces, engage communities, and monetize with Stacks/sBTC, we can help achieve Stacks' initiatives by enabling useful experiences/tech, growing communities, and powering events all on top of Stacks.
GRANT ROADMAP & DELIVERABLES
MILESTONE 1:
Deliverable: Users can host events in 3D spaces and sell NFT tickets powered by Stacks
MILESTONE 2:
Deliverable: Users can create their own 3D spaces with decorative assets powered by Stacks
FINAL DELIVERABLE
Deliverable: Users can create 3D spaces, host experiences in them, and monetize them, all powered by Stacks