Project Overview
Name of the Project:
Flap.sh - User-Generated Social Gaming and On-chain Liquidity System on EVM.
Problem Statement in the Conflux Ecosystem
Currently, the Conflux ecosystem lacks a comprehensive platform that allows users to easily launch community-driven tokens while engaging in on-chain social games. Developers face high liquidity costs, and users struggle with transparency in token launches, leading to honeypot scams and friction in community building.
Proposed Solution
Flap.sh addresses these issues by providing a platform where users can launch tokens with community-driven bonding curves. It lowers liquidity barriers, enhances transparency, and encourages organic community growth, bridging the gap between social interaction and DeFi.
Alignment with the Conflux Network
Flap.sh aligns with the Conflux Network’s goals of enhancing decentralized finance (DeFi) and expanding its ecosystem by enabling users to create assets without needing significant upfront liquidity, just as Pump.fun did for Solana. The system’s integration with EVM will offer Conflux users innovative liquidity tools and social engagement mechanics.
Benefit to the Conflux Ecosystem
Flap.sh will entice developers to build on Conflux by offering an easy-to-use platform for launching tokens, making it attractive for new projects and startups. The platform encourages active participation, helping to foster a thriving community of developers and users within the Conflux ecosystem.
Economic Benefit
Flap.sh will increase on-chain assets and transaction volume by enabling rapid token creation and community-driven growth. By providing liquidity solutions and engaging experiences through social games, it will drive more users and assets to the Conflux network, boosting both network usage and revenue.
Competitive Edge
Flap.sh distinguishes itself by:
Offering concentrated liquidity solutions (e.g., UniV3 integration), unlike competitors.
Proven traction in early markets and an innovative approach to community engagement using bonding curves.
Flap’s staking and burn features not only provide token holders with passive income through gas fee rewards but also ensure long-term value appreciation via a deflationary mechanism.
Links
Website: Flap.sh
Socials: Twitter: @flapdotsh
Beta DApp: Try Flap Beta
Discord: Flap Discord
Conflux eSpace grant recipient wallet address:
0x5C73243CFf4153e5747df1FEcFd3EFa9950f82C9
Incorporated Startup?
Yes, Flap.sh is an incorporated startup.
Technical Introduction
Functional Goals
Flap.sh aims to democratize token launches by lowering barriers for developers and enhancing community growth through bonding curves and social gaming on EVM-compatible chains. The platform solves liquidity and transparency issues in token launches, making crypto more engaging for users.
Problem Statement Recap
Existing ecosystems like Conflux face high liquidity costs, lack of community-building tools, and friction in token launches. Flap.sh addresses these issues through community-driven bonding curves and on-chain games.
Existing Solutions
Platforms like UniV3 address liquidity but lack community-building and social game features. Flap.sh integrates both, making it a unique solution. A feasibility study shows that the EVM market is primed for this innovation due to its larger asset base and lack of direct competition.
Purpose and Scope
Flap.sh’s purpose is to lower liquidity barriers for token creation while fostering community engagement. Its scope includes token generation, on-chain social games, and liquidity management tools, creating a holistic platform for developers and users.
Objectives and Success Criteria
Establish Flap.sh as a leading decentralized platform for token launches and gaming on EVM chains.
Success will be measured by the number of tokens launched, user engagement, and transaction volume on Conflux.
Definitions
EVM: Ethereum Virtual Machine.
DEX: Decentralized Exchange.
SocialFi: Social networks integrated with decentralized finance.
Bonding Curve: A mechanism that relates token price to supply.
Technical Proposal
Functional Overview
Token Launch: User-generated tokens using bonding curves.
On-Chain Games: Integration of games to engage users.
Liquidity Management: Concentrated liquidity for tokens post-launch.
Non-Functional Overview
Usability: Easy-to-use platform for token creation.
Reliability: High uptime and secure transaction handling.
Performance:
Fast token launches with minimal fees.
Implementation
User Interface:
Intuitive UI for both developers and users.
Legal Aspects:
Compliance with blockchain regulations, including KYC and AML where applicable.
Total Budget
Grant Size Requested: 60k
Development Roadmap
Milestone 1: Private testnet launch NOV 30 – Funding: $20k
Milestone 2: Public testnet launch DEC 12 – Funding: $20k
Milestone 3: Full release and token launch DEC 15 – Funding: $20k
Team
Cedric: CEO – Experienced in web3, MIT Sloan alumnus.
Jesse: CTO – Blockchain expert with contributions to ChainSafe.
Juan: Chief Blockchain Architect – Contributor to KuCoin Community Chain.
Wilson: CMO – Expert in web3 marketing.
Terms of Use
Confirm that you agree to the terms of use for applying to a Conflux Ecosystem Grant by including the entirety of the following statement and conditions:
I agree to all of the following terms of use in applying to a Conflux Ecosystem Grant
I have read and understood the Conflux Grants Ecosystem Overview
I have read about and understood that the Conflux Technical Grants are subject to a No-Sale rule
I agree to provide KYC information to the Conflux Foundation for the sake of overall ecosystem security
I understand that I will be required to follow public grant reporting requirements