over budget

FreeLoaderz Token & NFT Distributor

$25,000.00 Requested
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Community Review Results (1 reviewers)
Addresses Challenge
Feasibility
Auditability
Solution

Develop the FreeDropz Reward Distribution platform to provide a dedicated service to projects using FreeLoaderz submit-api Load Balancers

Problem:

Token Distribution is difficult to manage and often becomes very expensive for users and the network

Yes Votes:
₳ 45,203,705
No Votes:
₳ 6,630,641
Votes Cast:
155

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[IMPACT]

The cost of processing Tx for airdrops and token distribution is very high and often takes a long time. We are proposing a solution integrated to the FreeLoaderz SPO Coalition to enable the processing of native asset distribution to happen faster and much cheaper.

Harnessing the combined Submit API of all of our SPOs and a simple Tx script that batches transactions, we are able to distribute tokens at a much smaller cost and with much faster delivery. We will use this combined with a WEB3 / DApp connector token claim facility that will enable users to come and claim tokens for airdrops for a much lower cost.

This will improve the token claim process to make it faster, more efficient and cheaper than anything else available.

We will provide a simple solution for Projects to distribute tokens through SPOs and the FreeLoaderz Platform, enabling faster and easier distribution through our submit-api infrastructure.

This will help other projects achieve greater reach in their distribution and enable faster and cheaper processing for users

The biggest challenge will be marketing the project to the public. For that we will be including a marketing budget which we will use to advertise and promote our solution both to general ADA Holders and to projects we are looking to onboard.

[FEASIBILITY]

Phase 1 - Infrastructure (4 Weeks)

Combined Tx Batching

Token Claim Processing & Automation

Phase 2 - Ux Ui (8 Weeks)

Build out Web Interface to allow for seamless user experience

Phase 3 - Onboarding (4 Weeks)

Marketing to and Onboarding Projects / Native Assets

Marketing to Holders

Phase 4 - Expansion (ongoing)

Continuously onboarding new projects as the are formed and expand our portfolio of distributed tokens to our customer base

$10K Infrastructure and Development

$5K UI/UX development and Testing

$10K Marketing & Onboarding

The FreeLoaderz members working on this solution will include front end developers, blockchain devs, SPOs & network engineers, as well as marketing specialists from within the community

[AUDITABILITY]

Phase 1 - Github commits for the various mechanisms to be built

Phase 2 - Project Kanban board on github to show project milestones and deliverables

Phase 3 - No. of projects onboarding and launching / distributing through our platform

Phase 4 - As an ongoing process we will review and adjust our onboarding process as necessary

Success is a frictionless process for projects to distribute tokens through a withdrawal or airdrop mechanism to general ADA holders, facilitated by our collective submit api service and more.

This is a new project, connected with 1 other FreeLoaderz proposals

Community Reviews (1)

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