not approved

Decentralised Advertising Platform.

$8,000.00 Requested
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Community Review Results (1 reviewers)
Addresses Challenge
Feasibility
Auditability
Problem:

<p>Online advertising is expensive, inefficient and lacks transparency, especially for small to medium businesses.</p>

Yes Votes:
₳ 20,167,007
No Votes:
₳ 63,934,632
Votes Cast:
230

Detailed Plan

FOURWORDS is a decentralised advertising and social exchange platform.

Users create a profile using four words to describe what they have to provide to the community, and four words to describe what they seek from the community. This builds the algorithm that actively sends and receives matches based on your profile in relation to the profiles in the community. This profile once activated seeks matches without your involvement day and night, collecting matches for you to view when you wish to reducing the time actively spent searching. Once a match is created between two profiles a messaging platform is available for the two users to communicate with to create an exchange. Once an exchange is created it is recorded on the blockchain and can be viewed by all users by creating a search contract of the blockchain. The first four words chosen for both providing and seeking for each profile are free of charge. Users can change their words or add more words to their profile for a fee. Users are incentivised to create profiles by being rewarded a percentage of the fees required for these payments for changing and adding words.

The platform is built by the users who add words into the app based on their requirements, in any language there are characters for on their device. Geo tagging allows users to show their localised area or nominate a target area to give or receive. Profiles also contain links to social media for extended searching opportunities. This app can also be used for building communities as well as promoting goods and services. Creating a search can take less than 4 seconds and requires no active screen time lost to "browsing through the millions of search results". Wallet integration gives this platform the final touch with the ability to make payments within the application, without the 10% fee from a platform like eBay for instance.

FOURWORDS is effectively a search engine for people, by people, controlled by the community.

Key Points moving FOURWORDS

  • Only four words for what you seek and what you have to provide to the community are required to actively search the platform.
  • Once a profile is created it searches for you 24 hours a day, seven days a week bringing you matches for you to view based on your selected words.
  • Users add words to the application as they see fit, thus enabling the community to build the database in the language they choose.
  • Messaging can take place in either a private conversation between two users, or as a group discussion for the unique sequence of four words, thus creating micro communities within the platform.
  • Users can search the blockchain in conjunction with geo tagging to create data sets of matches in a target area for the words chosen, thus creating a heat map of activity over time and space.
  • Users can link their social media accounts to their FOURWORDS profile, thus enabling a greater level of integration and personification creating a decentralised social media platform.
  • FOURWORDS is kind of like a search engine for hashtags, only more focused and transparent.
  • FOURWORDS operates as an individual node on each phone removing the need for centralised servers and securing the network from censorship; ideally through a platform like World Mobile Token (WMT).
  • FOURWORDS is the only platform that provides equal access to all of the data accumulated from the community through its blockchain.

FOURWORDS thinking

Our goals are simple…

  • Build a team that resonates with the key principle of the project, "make advertising available to everyone."
  • Create a feasibility study outlining the two halves of the project, Development and Adoption.
  • Create a working prototype and identify the best community to test it on.
  • Identify key areas for improvement through community feedback.

Our funding estimates for creating the feasibility study and initial prototype development come to $8000 for the first three months.

$2000 for the feasibility study

$5000 for the initial prototype development

$1000 to identify a community

Our timeline for objectives over the length of the project consists of two stages.

Development Stage

1 Month: Identify test community, begin initial prototype development and outline test objectives.

3 Months: Complete feasibility study and test initial prototype development.

Adoption / Funding Stage

6 Months: Launch prototype within test community.

9 Months: Test, adjust and begin finalisation of prototype with community collaboration.

12 Months: Complete review of the finished application and finalise survey of community feedback.

12 - 18 Months: Public launch concurrent with new testing community.

Given this timeline our expected public launch date would be in the third quarter of 2022

Avis des conseillers communautaires (1)

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Playlist

  • EP2: epoch_length

    Authored by: Darlington Kofa

    3 min 24 s
    Darlington Kofa
  • EP1: 'd' parameter

    Authored by: Darlington Kofa

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  • EP3: key_deposit

    Authored by: Darlington Kofa

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    Darlington Kofa
  • EP4: epoch_no

    Authored by: Darlington Kofa

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  • EP5: max_block_size

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  • EP6: pool_deposit

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  • EP7: max_tx_size

    Authored by: Darlington Kofa

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