INTEGRATION GRANT APPLICATION – INSIGHTS

#1

TERMS OF USE
I have read and understand the CONFLUX ECOSYSTEM GRANTS OVERVIEW, and determined that my proposal is best for the Growth Grants stream (YES).
I understand that the Conflux Growth Grants are subject to a No Sale Rule, and I have read the terms of this rule (YES).
I understand that I will be required to provide additional KYC information to the Conflux Foundation to receive this grant (YES).
I understand that I will be required to follow public grant reporting requirements (YES).

APPLICATION INTRODUCTION

TEAM

  • Name: Bicheng

  • Roles and responsibilities: Team Lead, Market Strategy

  • Twitter:https://x.com/bc_insights

  • Relevant experience: Former BD head at multiple blockchain projects, and has over 10 years of experience in marketing area.

  • Name: Siya.eth

  • Roles and responsibilities: Tech Lead, Platform Development

  • Twitter: https://x.com/Siyadoteth

  • Relevant experience: Background in AI integration and 3years experience in smart contract development.

  • Name: Mr.Pan

  • Roles and responsibilities: Advisor, User Engagement

  • Relevant experience: Formerly worked for well-known web3 media, with extensive experience in community building and user engagement strategies.

TOTAL BUDGET AND FUNDING TIER

  • Grant Tier: INTEGRATION GRANT

  • Grant Size: $30,000

  • Justification: The grant will cover platform development, user acquisition, and community engagement initiatives. Insights requires substantial resources to ensure seamless platform operation and attract a critical mass of users to kickstart the Predict to Earn model.

PROJECT INFORMATION

Overview:

  • Insights is an information aggregator DAO focused on financial advice. It offers a platform where users can view price predictions from KOLs/analysts, reposts of tweets from top analysts, and real-time aggregated news. The main feature is Predict to Earn, which allows users to make predictions and earn tokens based on their accuracy.

User Base:

  • Our current user base includes early adopters from the blockchain community, financial analysts, and crypto enthusiasts. We have over 1,000 active analysts covered in our early access program.

User Growth:

  • Main value proposition: Accurate financial predictions, aggregated insights, and real-time news.
  • Targeting plan: Leverage partnerships with key opinion leaders, targeted social media campaigns, and community engagement events.

Market:

  • Competitive advantage: Unlike competitors, Insights provides a comprehensive platform that combines prediction markets, real-time news aggregation, and a community-driven approach to financial advice.

Insights vs. KOLRadar vs. TweetScout

image
image.png1970×870 183 KB

Insights Advantages:

  • Data-Driven Insights: Unlike KOLRadar and TweetScout, Insights focuses purely on historical data and win rates, eliminating noise and subjective metrics.
  • Automated Tools: Provides users with automated predictive analytics and ROI calculations to aid in investment decisions.
  • User Focused: Designed to meet the needs of individual investors, offering direct and actionable insights rather than broad qualitative ratings.
  • Predict to Earn Model: Engages users by allowing them to earn rewards based on accurate predictions, enhancing user retention and attracting high-quality KOLs.
    Conclusion: Insights stands out by offering a product that is essential for individual investors who need reliable, data-driven insights to make informed investment decisions. By focusing solely on historical KOL performance and providing advanced automated tools, Insights eliminates noise and subjective metrics, ensuring users receive accurate and valuable investment advice.

Target Social Media Platforms and Crypto Forums:

  • Platforms: Twitter, Telegram, and Discord. We aim to attract KOLs&users from these platforms.
  • Content Production (content about predictions & exposure on public website and channels): Engaging posts, infographics, video tutorials, and market analysis articles.

User Referral Incentives:

  • Incentives: Referral bonuses in the form of Platform Points or exclusive access to premium features.
  • Tracking and Rewards: We will use referral codes and track metrics through the platform’s backend to ensure accurate reward distribution.

Webinars and AMAs:

  • Topics: Platform features, market trends, KOL insights.
  • Frequency: Monthly webinars and AMAs.
  • Promotional Strategies: Announcements on social media, email newsletters, and collaboration with KOLs to promote events.
    High-Level Campaign Plans:
  • Pre-Launch: Build anticipation through teaser content, KOL endorsements, and early access invites.
  • Launch Phase: Intensive social media campaigns, referral program activation, and high-profile webinars.
  • Post-Launch: Continuous content production (prediction on website & exposure on open website&channels), community engagement activities, and feedback integration for platform improvements.

Technology:

  • Core technology: Decentralized prediction market integrated with real-time data aggregation, AI analysis and community engagement tools.

Stage of the project: Pre-revenue, focusing on user growth and community engagement.

Security: We plan to conduct a full code audit before the official launch of Phase II.

ECOSYSTEM FIT

Benefit to Conflux Ecosystem:

  • By integrating with Conflux, Insights will increase on-chain activities through prediction markets and token transactions. The platform will also drive meaningful user interactions, as users participate in predictions and engage with financial content.

  • The platform will continuously attract users through the functional capabilities of its prediction product and leverage user data to onboard KOLs and project partners. Subsequently, by increasing the incentive weighting for Conflux-related content in both the prediction and news sections, the platform aims to boost exposure, enhance recognition, and positively impact the token price within the Conflux ecosystem.

  • Predict2Earn Details: The platform will extract price prediction tweets from KOLs on Twitter, capturing the cryptocurrency and price at the time of the tweet. KOLs can manually stop the prediction once the price reaches their target, displaying the ROI. The platform scores the overall ROI of KOLs, rewarding them with tokens, and providing value to users through these insights.

Economic Benefit:

  • This grant will facilitate the launch of our platform leading to increased asset transactions and user activities on the Conflux chain through our onchain trading bots.
  • Long-term Engagement: Initially, Insights will operate as an off-chain community-driven product. In later stages, the platform will introduce trading bots and other derivative tools to facilitate more on-chain transactions and increase TVL on the Conflux network.

GROWTH PROPOSAL

Grant Plan:

  • Platform Enhancement: Develop and refine the Insights platform.
  • User Acquisition: Target crypto communities and financial analysts through marketing campaigns and partnerships.
  • Community Engagement: Host events, webinars, and AMAs to drive user interaction and engagement.

Users Acquisition:

  • Focus on crypto enthusiasts, financial analysts, and KOLs who can provide valuable insights and predictions.

Identifying and Engaging with KOLs:

  • Identification: We will identify KOLs through social media analysis, looking for individuals with significant followings and engagement in the crypto and financial sectors.
  • Engagement: We will engage KOLs by offering exclusive access to platform features, higher visibility for their predictions, and token-based incentives.
  • KOLs choose our platform because it is a unique, product-based traffic hub developed from the everyday needs we experience as individual investors. However, there has been a lack of such products in the market. Our Predict to Earn model provides users with valuable insights into the performance of KOLs, aiding in their investment decisions. This not only helps attract and retain users but also gives KOLs a strong incentive to collaborate with us.
  • Incentives: Benefits include enhanced profile visibility, performance-based rewards, and opportunities for sponsored news/posts.

Proposal OKRs:
Objective 1: Achieve 10,000 active users by the end of Q4 2024.

  • Target Date: Q3 2024
  • Key Result 1: Onboard 500 new KOLs/analysts.
  • Key Result 2: Reach 7,000 predictions made.
    *(For a user to be considered active, they need to perform at least one of the following actions on a weekly basis:
    • Making a prediction.
    • Engaging with KOL content (likes, comments, shares).
    • Participating in community discussions.
    • Reading and sharing news content.
      This frequency ensures that users are regularly interacting with the platform and contributing to its dynamic ecosystem.)

Objective 2: Enhance platform functionality and user experience on Conflux.

  • Target Date: Q3 2024
  • Key Result 1: Implement advanced prediction analytics by September 2024. This includes features such as automatic extraction of maximum price increase or decrease for predicted cryptocurrencies, and calculation of unrealized returns for ongoing predictions.
  • Key Result 2: Launch a leaderboard system, showcasing top KOLs and users based on their prediction accuracy and ROI.

Objective 3: Increase community engagement and activity.

  • Target Date: Q4 2024
  • Key Result 1: Host 10 community events/webinars focused by December 2024. These events will include interactive sessions with KOLs, tutorials on using the platform, and discussions on Conflux ecosystem developments.
  • Key Result 2: Achieve 3,000 active predictions on the platform by December 2024. This will be tracked through the number of predictions made and their engagement levels, ensuring users are actively participating and contributing to the community.

ROADMAP

  1. Q1 2024: Team Formation
  • Assembled core team and initiated concept development.
  1. Q2 2024: Platform Development
  • Developed MVP, established early-stage partnerships, and onboarded initial users.
  1. Q3 2024: Launch of Phase I - Predict to Earn
  • Official launch with key features and initial community engagement.
  1. Q3 2024: Feature Enhancements
  • Implement advanced prediction analytics, expand KOL participation, and launch the leaderboard system.
  1. Q4 2024: Community Expansion
  • Increase user base, improve platform based on feedback, and prepare for Phase II.
  1. Q1 2025: Phase II Development
  • Develop additional features, introduce advanced access options, and expand DAO functionalities.
  1. Q2 2025: Phase II Launch
  • Official launch of Phase II with enhanced features and services.

Milestones:

  • Milestone 1: Complete MVP development on eSpace - $15,000 - 5 months (starting Q1 2024, targeting Q3 2024).

    • Verification: The MVP will be completed when the platform’s core functionalities, including user registration, prediction making, and basic news aggregation, are operational. Progress will be demonstrated through a functional prototype and user feedback.

    • Milestone 1.1 - $6000 - Deploy with functionalities

      • Following functionalities are finished:
        • Deployment on eSpace mainnet
        • Functional user registration process
        • Ability to create and manage predictions
        • Operational news aggregation feature
        • Collecting and analyzing initial user feedback

    • Milestone 1.2 - $5000 - Attract initial users & followers

      • +2k followers on X
      • +1k subscribers on Telegram Channel
      • At least 1,000 users onboard

    • Milestone 1.3 - $4000 - Content Production

      • 200 active predictions made within the first month
      • 20 conflux-related predictions made

  • Milestone 2: Launch Phase I and onboard user predictions content - $9,000 - 6 months.(targeting Q1 2025）

    • Verification: Phase I launch will be verified by the successful deployment of the Predict2Earn feature. User onboarding will be tracked through registration metrics and initial user activity.

    • Milestone 2.1 - $5000 -Market expanding to attract more users

      • +5k followers on X
      • +2k subscribers on Telegram Channel
      • At least 5,000 users onboard

    • Milestone 2.2 -$4,000 - Content Production

      • Achieve 1,000 predictions
      • 60 conflux-related predictions made
      • Successful operation of the Predict2Earn functionality.

  • Milestone 3: Community expansion - $6,000 - 12 months.(targeting Q3 2025）

    • Verification: Community expansion will be measured by the increase in active users and engagement metrics, such as the number of predictions made and interactions in community events.

      • Increase to 20,000 active users.
      • Host at least 15 community events/webinars.
      • Achieve 10,000 active predictions on the platform.
      • 1,000 conflux-related predictions made
      • +30,000 followers on X

Revenue Model

  • Platform revenue:
    • Core Focus for 2025: The NEWS section will become a central feature of the platform, attracting projects looking to advertise their projects to targeted audience or collab with KOLs on platform.
    • Advertising Revenue: Similar to platforms like Odaily and PAnews, we will offer advertising opportunities to projects and companies in the blockchain space, charging fees like Single Article Fees and Annual Package Deals.
    • Plus, this will involve a small percentage of transaction fees and staking rewards, which will contribute to the platform’s revenue.
  • Token Allocation:
    • Team will get a share from total token supply.

MAINTENANCE CONSIDERATIONS
Post-grant Maintenance:

  • We will ensure ongoing community activities and platform updates through continuous engagement and feedback loops.
1 Like
#2

Very interesting proposal! I see that you already have a working website and documentation here

I’d like to ask a couple of more questions to further understand how Insights aligns with the Conflux Grants Program, and benefits Conflux Network:

  1. Do you have an architecture for how the prediction market will be deployed on
    Conflux?
  2. What is the user registration process in Milestone 1?
  3. Can anyone give predictions?
  4. Do you have a design of how the predictions market looks like?
  5. How will the incentive model work for Conflux-related content?
  6. How will Insights increase on-chain activities on Conflux?

Looking forward to hearing more from the team! Hopefully you can share some mockups of the predictions market as well!

1 Like
#3

Hi Chris, thanks a lot for your response!!
Below are our answers to your questions. If you have any further inquiries, please feel free to contact us at any time.

Q1: Do you have an architecture for how the prediction market will be deployed on Conflux?
A1: Yes, we have a detailed architecture plan for deploying the prediction market on Conflux eSpace. The platform will leverage Conflux’s fast and scalable blockchain infrastructure to handle the high volume of transactions and predictions. Smart contracts will be used to manage the prediction recording and reward distribution processes. The integration will ensure seamless on-chain interactions while maintaining security and efficiency.

Q2: What is the user registration process in Milestone 1?
A2: The user registration process in Milestone 1 will involve a simple sign-up mechanism where users can create an account using their social media accounts or Conflux eSpace wallet to participate in predictions. This process ensures secure and authenticated access to the platform’s features.

Q3: Can anyone give predictions?
A3: Yes, anyone can give predictions to encourage broad participation and engagement. However, predictions from verified KOLs will be highlighted for performance metrics, offering users a benchmark of reliability and accuracy. Over time, we will implement a reputation system to rank users based on their prediction history.

Q4: Do you have a design of how the prediction market looks like?
A4: Yes, we have initial design mockups for the prediction market. The design includes a user-friendly dashboard where users can view and make predictions, track their performance, and see aggregated news. For creating the prediction part, a simple and intuitive interface where users can input their predictions. Users can select cryptocurrency, specify the predicted price movement (up or down), and set the duration.
These mockups will be refined based on user feedback during the MVP stage.

Q5: How will the incentive model work for Conflux-related content?
A5: The incentive model will give higher weightage to Conflux-related content in both predictions and news sections. KOLs and users who provide valuable insights and accurate predictions about Conflux will receive higher token rewards. This approach not only incentivizes content creation focused on Conflux but also increases the platform’s utility within the Conflux ecosystem. The platform will not involve CFX tokens directly but will encourage their use through incentives and integration.

Q6: How will Insights increase on-chain activities on Conflux?
A6: The recording and rewarding of predictions will all occur on-chain as our next move, driving transactional volume. Additionally, users will log in using their eSpace wallets, further integrating their activities with Conflux. In later stages, the platform will introduce trading bots and other derivative tools, prioritizing deployment on Conflux chain to increase TVL and on-chain interactions.

2 Likes
#4

Hey, the proposal does indeed look interesting. I also have couple of questions to the team:

  1. Referring to A1 answer from above about the architecture: can you guys share this detailed architecture plan? Also can you share the initial mock-ups for the prediction markets?
  2. What stage is the shared website in currently? What will be the major updates on it until your launch?
  3. Can you please expand on our Go To Market strategy? How exactly are you planning to get users and KOLs onboard?
  4. Would love to see a more detailed plan on how the requested grant will spent.
  5. What do you consider active users, mentioned in Objective 1?
  6. Can you expand on what exactly you mean Implement advanced prediction analytics under Objective 2 / Key Result 1?
  7. Can you please add target date for Objective 2 and 3?
  8. For milestone I would suggest to alter it to measurable KPIs that have reflect the success of the project, rather than development milestones.
1 Like
#5

Hi CJ, Thank you very much for your response!! Below are our answers to your questions.

Q1: Referring to A1 answer from above about the architecture: can you guys share this detailed architecture plan? Also, can you share the initial mock-ups for the prediction markets?
A1: Certainly. We have prepared a detailed architecture plan for the deployment of the prediction market on Conflux eSpace. The architecture ensures seamless on-chain interactions while maintaining security and efficiency. Additionally, we have initial mock-ups for the prediction markets, showcasing the user interface, dashboard, and key features such as prediction creation, KOL predictions, and leaderboards. And our website is live for use and in MVP stage).

Q2: What stage is the shared website in currently? What will be the major updates on it until your launch?
A2: The shared website is currently in MVP stage, featuring basic informational content about Insights, our mission, and initial features. Major updates before launch will include:

  • User Registration and Wallet Integration: Enabling users to sign up and link their Conflux eSpace wallets.
  • Prediction Market Launch: Integrating the Predict to Earn functionality.
  • KOL Onboarding: Highlighting verified KOLs and their predictions.
  • News Aggregation: Real-time news updates focusing on Conflux-related content.
  • Performance Metrics: Providing detailed performance metrics for users and KOLs.
  • Community Engagement Tools: Forums, discussion channels, and event schedules.

Q3: Can you please expand on your Go-To-Market strategy? How exactly are you planning to get users and KOLs onboard?
A3: Our Go-To-Market strategy involves several key initiatives:

  • Partnerships: Establishing partnerships with prominent KOLs and influencers in the blockchain and financial sectors to leverage their networks.
  • Targeted Marketing Campaigns: Utilizing social media, crypto forums, and industry events to promote Insights and attract users.
  • Referral Programs: Implementing referral incentives for existing users to bring in new users and KOLs.
  • Content Creation: Regularly publishing high-quality content, including tutorials, market analyses, and success stories to engage and inform the community.
  • Webinars and AMAs: Hosting online events to introduce the platform, demonstrate its features, and answer questions from potential users and KOLs.

Q4: Would love to see a more detailed plan on how the requested grant will be spent.
A4: The requested grant of $30,000 will be allocated as follows:

  • Platform Development ($12,000):
    • Finalizing the MVP.
    • Implementing Predict to Earn functionalities.
    • Integrating Conflux eSpace wallet.
  • User Acquisition ($8,000):
    • Marketing campaigns.
    • Partnerships and referral programs.
  • Community Engagement ($5,000):
    • Hosting events, webinars, and AMAs.
    • Developing content and educational resources.
  • Operations and Maintenance ($5,000):
    • Server costs.
    • Technical support.
    • Continuous platform improvements based on user feedback.

Q5: What do you consider active users, mentioned in Objective 1?
A5: Active users are defined as those who regularly interact with the platform. This includes:

  • Making predictions.
  • Following and engaging with KOLs.
  • Participating in community discussions.
  • Reading and sharing news content.
  • Using the platform’s features at least once a week.

Q6: Can you expand on what exactly you mean by implementing advanced prediction analytics under Objective 2 / Key Result 1?
A6: Implementing advanced prediction analytics involves:

  • Enhanced Data Analysis: Utilizing AI and machine learning algorithms to analyze prediction patterns and improve accuracy.
  • Performance Metrics: Detailed tracking and visualization of individual and aggregate prediction performance.
  • Predictive Insights: Providing users with insights based on historical data and trends.
  • User Feedback Integration: Collecting and integrating user feedback to continuously refine prediction models and analytics tools.

Q7: Can you please add target dates for Objective 2 and 3?
A7:
Objective 2: Enhance platform functionality and user experience on Conflux.

  • Target Date: Q3 2024
  • Key Result 1: Implement advanced prediction analytics by September 2024. This includes features such as automatic extraction of maximum price increase or decrease for predicted cryptocurrencies, and calculation of unrealized returns for ongoing predictions.
  • Key Result 2: Launch a leaderboard system, showcasing top KOLs and users based on their prediction accuracy and ROI.
    Objective 3: Increase community engagement and activity.
  • Target Date: Q4 2024
  • Key Result 1: Host 10 community events/webinars focused by December 2024. These events will include interactive sessions with KOLs, tutorials on using the platform, and discussions on Conflux ecosystem developments.
  • Key Result 2: Achieve 3,000 active predictions on the platform by December 2024. This will be tracked through the number of predictions made and their engagement levels, ensuring users are actively participating and contributing to the community.

Q8: For milestone, I would suggest altering it to measurable KPIs that reflect the success of the project rather than development milestones.
A8: We have revised our milestones to include measurable KPIs:

  • Milestone 1: Complete MVP development - $16,000 - 5 months (starting Q1 2024).
    • Verification: The MVP will be completed when the platform’s core functionalities, including user registration, prediction making, and basic news aggregation, are operational. Progress will be demonstrated through a functional prototype and user feedback.
    • KPIs:
      • Functional user registration process.
      • Ability to create and manage predictions.
      • Operational news aggregation feature.
      • Collecting and analyzing initial user feedback.
  • Milestone 2: Launch Phase I and onboard user predictions content - $10,000 - 1 month.
    • Verification: Launch will be verified by the deployment of the Predict2Earn feature. User onboarding will be tracked through registration metrics and initial user activity.
    • KPIs:
      • At least 1,000 users onboard.
      • 100 active predictions made within the first month.
      • Successful operation of the Predict2Earn functionality.
  • Milestone 3: Community expansion - $4,000 - 1 month.
    • Verification: Community expansion will be measured by the increase in active users and engagement metrics, such as the number of predictions made and interactions in community events.
    • KPIs:
      • Increase to 3,000 active users.
      • Hosting of at least 3 community events/webinars.
      • Achieving 3,000 active predictions on the platform.

Thank you again for your feedback and questions. We hope these detailed responses address your concerns. Please do not hesitate to reach out if you have any further questions or need additional information.

1 Like
#6

Hey Lois, thanks for the answers. I have some follow-up questions

Reply to A1: Can you guys please share the architecture plan and the mock-ups in the proposal please? It would help the evaluation a lot.

Reply to A3: To better evaluate your Go-To-Market strategy, please provide more details on how you will identify and engage with KOLs, including specific benefits or incentives offered; the social media platforms and crypto forums you will target, and the type of content used; the specific incentives for user referrals and how you will track and reward them; the types of high-quality content you plan to produce, publication frequency, and channels used; the topics for webinars and AMAs, their frequency, and promotional strategies to ensure high attendance; details on who your target audience will be; and please share some high level campaign plans.

Reply to A5: For a user to be considered active, how frequently do they need to perform the listed user actions?

Reply to A8: I still believe that milestones could be adjusted in a way to better reflect the success of the project rather than the progress of the development, specially in Milestone 1. So I would suggest to further work on this.

1 Like
#7

Hi CJ, Thank you for your follow-up questions!！:smiling_face_with_three_hearts:
Below are our detailed responses to address your concerns and provide further clarification.

A1: about architecture plan and the mock-ups.
Below is the detailed architecture plan and mock-ups for the prediction market.Please see attached.
https://pixso.cn/app/editor/H_nxo8lss1HkyVnvf12Yug?icon_type=1&page-id=0%3A1 Password: 4obz

A3:
Identifying and Engaging with KOLs:

  • Identification: We will identify KOLs through social media analysis, looking for individuals with significant followings and engagement in the crypto and financial sectors.
  • Engagement: We will engage KOLs by offering exclusive access to platform features, higher visibility for their predictions, and token-based incentives.
  • KOLs choose our platform because it is a unique, product-based traffic hub developed from the everyday needs we experience as individual investors. However, there has been a lack of such products in the market. Our Predict to Earn model provides users with valuable insights into the performance of KOLs, aiding in their investment decisions. This not only helps attract and retain users but also gives KOLs a strong incentive to collaborate with us.
  • Incentives: Benefits include enhanced profile visibility, performance-based rewards, and opportunities for sponsored news/posts.

Market Analysis：
Insights vs. KOLRadar vs. TweetScout

image
image.png1970×870 183 KB

Insights Advantages:

  • Data-Driven Insights: Unlike KOLRadar and TweetScout, Insights focuses purely on historical data and win rates, eliminating noise and subjective metrics.
  • Automated Tools: Provides users with automated predictive analytics and ROI calculations to aid in investment decisions.
  • User Focused: Designed to meet the needs of individual investors, offering direct and actionable insights rather than broad qualitative ratings.
  • Predict to Earn Model: Engages users by allowing them to earn rewards based on accurate predictions, enhancing user retention and attracting high-quality KOLs.
    Conclusion: Insights stands out by offering a product that is essential for individual investors who need reliable, data-driven insights to make informed investment decisions. By focusing solely on historical KOL performance and providing advanced automated tools, Insights eliminates noise and subjective metrics, ensuring users receive accurate and valuable investment advice.

Target Social Media Platforms and Crypto Forums:

  • Platforms: Twitter, Telegram, and Discord. We aim to attract KOLs&users from these platforms.
  • Content Production (content about predictions & exposure on public website and channels): Engaging posts, infographics, video tutorials, and market analysis articles.

User Referral Incentives:

  • Incentives: Referral bonuses in the form of Platform Points or exclusive access to premium features.
  • Tracking and Rewards: We will use referral codes and track metrics through the platform’s backend to ensure accurate reward distribution.

Webinars and AMAs:

  • Topics: Platform features, market trends, KOL insights.
  • Frequency: Monthly webinars and AMAs.
  • Promotional Strategies: Announcements on social media, email newsletters, and collaboration with KOLs to promote events.
    High-Level Campaign Plans:
  • Pre-Launch: Build anticipation through teaser content, KOL endorsements, and early access invites.
  • Launch Phase: Intensive social media campaigns, referral program activation, and high-profile webinars.
  • Post-Launch: Continuous content production (prediction on website & exposure on open website&channels), community engagement activities, and feedback integration for platform improvements.

A5: For a user to be considered active, they need to perform at least one of the following actions on a weekly basis:

  • Making a prediction.
  • Engaging with KOL content (likes, comments, shares).
  • Participating in community discussions.
  • Reading and sharing news content.
    This frequency ensures that users are regularly interacting with the platform and contributing to its dynamic ecosystem.

A8: We appreciate your feedback and have further refined our milestones to include measurable KPIs that reflect the success of the project:

  • Milestone 1: Complete MVP development on eSpace - $16,000 - 5 months (starting Q1 2024).

    • Verification: The MVP will be completed when the platform’s core functionalities, including user registration, prediction making, and basic news aggregation, are operational. Progress will be demonstrated through a functional prototype and user feedback.
    • Milestone 1.1 - $6000 - Deploy with functionalities
      • Following functionalities are finished:
        • Deployment on eSpace mainnet
        • Functional user registration process
        • Ability to create and manage predictions
        • Operational news aggregation feature
        • Collecting and analyzing initial user feedback
    • Milestone 1.2 - $5000 - Attract initial users & followers
      • +2k followers on X
      • +1k subscribers on Telegram Channel
      • At least 1,000 users onboard
    • Milestone 1.3 - $5000 - Content Production
      • 200 active predictions made within the first month
      • 50 conflux-related predictions made

  • Milestone 2: Launch Phase I and onboard user predictions content - $10,000 - 1 month.

    • Verification: Phase I launch will be verified by the successful deployment of the Predict2Earn feature. User onboarding will be tracked through registration metrics and initial user activity.
    • Milestone 2.1 - $5000 -Market expanding to attract more users
      • +5k followers on X
      • +2k subscribers on Telegram Channel
      • At least 3,000 users onboard
    • Milestone 2.2 -$5000 - Content Production
      • Achieve 1,000 predictions
      • 50 conflux-related predictions made
      • Successful operation of the Predict2Earn functionality.

  • Milestone 3: Community expansion - $4,000 - 1 month.

    • Verification: Community expansion will be measured by the increase in active users and engagement metrics, such as the number of predictions made and interactions in community events.
    • KPIs:
      • Increase to 3,000 active users.
      • Host at least 3 community events/webinars.
      • Achieve 3,000 active predictions on the platform.
      • 500 conflux-related predictions made
      • +10k followers on X

Thank you again for your feedback and questions. We hope these detailed responses address your concerns. Please do not hesitate to reach out if you have any further questions or need additional information.

1 Like
#8

@Lois we’d like to inform you that your grant application has been approved.

Congrats, we will contact you on the next steps.

1 Like