Create the biggest web3 social content platform. Basically Reddit where every post is a NFT and can be sold/collected/advertised. Advertisers can create their own content and bribe them with Tezos tokens for sponsored posts. Content Creators earn a share of all fees/bribes generated (Post2Earn).
Value proposition
Existing web model leader Reddit has 430m monthly active users. In contrast at our platform every article/content is automatically a NFT minted. With the success of the platform there would be a enourmous amount of contract calls generated (NFT minted/collected, Ad-Bribes added/collected).
Additionally a lot of shared links will be leading to a Tezos backed project that makes it easy to onboard new users to Tezos. With using Social-Login (Kukai) this process is also easy & smooth, even for non-crypto users. We aim to support a gas-free content creation option by storing data in a Message offchain & minting the NFT once the first collector mints (Or incentivize with our token). Meaning users have the option to post content that will become a NFT without having a Tezos Wallet (Kukai) or Browserextension and without first needing to buy Tez for gas.
About Us
I’m known as Relaixo at Tezos and our team is located in Europe & has over 2 years experience on Tezos & created two own projects on Tezos:
Celestial-X ( https://celestial-x.com ) is a smart contract NFT game that created over 100.000 smart contract calls.
tzRaffles ( https://www.tzraffles.fun ) is a decentralized NFT raffle platform with nearly 1000 NFT raffles created.
Requested Funds & Use of Funds
We request 10.000 Tez. The funds will get used mainly for developement, infrastructure & marketing.
This is not the full amount that this project would need. But it would be the kickstart our team needs to build a fully functional Version1 with revenue sharing mechanism that is already self sufficient & generating fees from which on we can build V2 with a lot more features we have in mind.
Currently we are in the early stages of development and we aim to release the V1 in Q1-2024. This is our current front-end draft:
I think this project is an excellent idea, and the arguments put forward make it entirely credible. The care taken to make it accessible to users who don’t have a wallet is a real asset. This product could add a lot of value to Tezos.
I can say that I for one would love to see it come to life and would very much be interested in using it, both as an artist-creator and a collector-buyer. One thing that automatically pops into my mind is I’d love to use it for writing short educational articles on art history, tutorials for minting on the tezos blockchain, tutorials on how to market your art and many many more.
I’ve known Relaixo for almost a year now and I can say that he always delivered as promised and I fully support and trust him.
Good luck Relaixo I really very much hope your proposal gets accepted.
I believe Tezos would benefit from such a platform, not just it’s current users, but also be a good onboarding tool for other to enter this community. It has the potential of going viral.
The value proposition makes sense, the funds requested seem appropriate and Relaixo has already successful projects build in Tezos.
If I could vote, would be a
I like the idea behind this. I do think it should be built using a Rollup and that it needs mechanisms for content moderation and governance. I have an idea for something similar. I have a draft here:
It’s not ready to put forward as a proposal yet, just wanted to put some ideas out there.
I can’t wait for a Tezos based social media platform with a hybrid stakeholder/user governed content moderation. It would be cool if it had AI tools to help moderators with the workload. I know Wagtail (Django based CMS) comes with a suite of moderation features - could be worth a look
@asbjornenge We thought about it beeing multichain and having L1+L2 at the same time. Do you know when L2 will be ready? Your platform looks great too! Will look into it.
@Leo Thats awesome. We will have a unique moderation system where owners of categories will earn a share of the revenue. Thanks for the Wagtail recommendation. Will look into it. Do you have Discord? Would like to ask you a question or two about it.
My stuff is just some design ideas for now. I would be interested in helping out if you want to kickstart some effort here! I would be very interested to know more about your design and architecture. If you have more details, please share
Rollups (L2) are ready to go for Tezos now! If we build our own kernel there is nothing we need to wait for.
Starting this project on a Rollup would probably be a good idea. Just not sure when it is possible and if not to wait for the “big main rollup” Arthur talked about. If I understood that right, there wil probably be one major rollup where the most activity is.
I totally agree, this requires higher tps which can be handled by a rollup like Etherlink.
Just to note, decentralised social platforms have already been around for awhile for the other chains. Traction is definitely difficult to achieve and there is clearly fragmentation of attention when it comes to having so many decentralised social platforms along with the web2 social media platforms everyone use daily.
If we do go about providing this grant, we should consider tranche based issuance based on milestones achieved: technical development and even user adoption.
