[IMPACT] Please describe your proposed solution.
Most Existing NFT projects on cardano rely major on hype with no clear and well defined roadmap and goals. Eon Brands intends to change the narrative.
How Do We Change That Narrative?
We at Eon Brands are looking to do it differently as Eon NFTs won’t just be a token on the Cardano blockchain, it will also represent an actual real world product.
We will be releasing in the coming months a limited edition of eon slides that would be backed by an NFT.
Each Eon Slide will be unique and distinguishable from each other with it’s proof of authenticity embedded in an NFT that would be minted on the Cardano blockchain.
Holders of the Eon NFTs would be able to claim their slides and get it shipped to their respective addresses once they connect their wallet to authenticate the ownership of the NFT.
The NFTs can be traded freely on any Cardano NFT marketplace.
[IMPACT] Please describe how your proposed solution will address the Challenge that you have submitted it in.
We are taking a different approach into the utility of NFTs. We intend to sensitize more people that NFT goes beyond digital art, can have real world value and repress real products that can be utilized by NFT holders.
How will these resources help Cardano?
These resources will help Cardano as we will be utilising the Cardano blockchain to mint and trade Eon NFTs which would lead to more awareness and adoption of the Cardano blockchain
[IMPACT] What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
Our main challenge right now is the initial funding required to be able to start development .
Another Risk is the inability of users getting their slides shipped to them due to high shipping fees, we can mitigate that by requiring users to boost their Smart NFTs with ADA or our utility token to be able to get their Slides shipped.
[FEASIBILITY] Please provide a detailed plan, including timeline and key milestones for delivering your proposal.
EON Product Design
EON prototype release
Website Design
Eon Slide NFT Design
NFT Mint Portal Setup
Eon product Initial Idea
Prototype Design
Prototype Release
[FEASIBILITY] Please provide a detailed budget breakdown.
Development Rates:
Backend Developer - $50/hr USD
Frontend Developer - $30/hr USD
UI/UX Design - $15/hr USD
NFT ART Creator: $5/hr USD
Total Hours: 150
Total: $15,000
[FEASIBILITY] Please provide details of the people who will work on the project.
Obii Okafor is the CEO and product lead at Eon Brands, she will be in charge of the product design and user experience .
Lawan Faheez Is the UI Designer who would be in charge of creating a sleek and stunning UI design
Obazeki Noruwa is the frontend developer
[FEASIBILITY] If you are funded, will you return to Catalyst in a later round for further funding? Please explain why / why not.
If we are funded, we won’t return to catalyst for further funding as this the minimum amount needed to kick off the project
[AUDITABILITY] Please describe what you will measure to track your project’s progress, and how will you measure these?
The project’s progress can be tracked by:
1: The number of user engagement in our community leading to the NFT launch.
2: Number of Users whitelisted for the Eon NFT mint.
[AUDITABILITY] What does success for this project look like?
Successful NFT mint and listing on Cardano NFT marketplace like jpg.store
Over 150K ADA worth of Eon NFTs traded on the above mentioned marketplace
[AUDITABILITY] Please provide information on whether this proposal is a continuation of a previously funded project in Catalyst or an entirely new one.
New Project