Introduction
We propose to develop Snitch Protocol, a platform for discovering and monetizing alpha from top-performing traders across several blockchains. The core protocol has the following flow:
- Users submit promising wallet addresses to be tracked
- AI analysis ranks wallets based on trading performance
- Other users interested in copy-trading top traders pay to reveal tracked addresses, with rewards going to the original submitter
Benefit to Conflux Ecosystem
- Brings sophisticated trading analytics to Conflux
- Creates passive income opportunities through alpha discovery
- Attracts traders looking for competitive edge
- Increases network activity
Competitive Edge
Snitch Protocol brings unique innovations to trading analytics:
- First platform with incentivized wallet scouting
- AI-powered performance ranking
- Automated reward distribution
- Real-time trade monitoring
- Privacy-preserving analysis system
Are you an incorporated startup?
Yes, we are incorporated in France.
Technical Introduction
Problem Statement
Identifying successful traders is time-consuming and unrewarded. Centralized platforms (e.g. Nansen) dominate the space. Copy-trading lacks incentives for alpha discovery.
Existing Solutions
Nansen Smart Money lacks incentive mechanisms for scouts.
Purpose of the System
Snitch Protocol aims to create a marketplace for trading alpha while ensuring fair rewards for scouts.
Technical Proposal
- Smart contract protocol for scout rewards
- Real-time performance tracking
- Privacy layer for revealed addresses
- Front-end with Privy integration
UI Mockups
Total Budget
Amount requested: $15,000
Breakdown
- Development: $10,000
- Smart Contract Development: $4,000
- Frontend/Backend Development: $4,000
- Server/API Costs: $2,500
- Marketing: $4,500
Roadmap
Milestone 1: Launch (1 Month)
Core Development
Deploy smart contracts
Launch frontend interface
Onboard and interview 10 beta testers
Complete mainnet deployment
Launch campaign with 2 KOLs
Publish daily free alpha on socials
Generate first revenue from subscriptions
Launch scout education program
Funding: $8,000
Milestone 2: Growth (1 Month)
Quest campaign on Zealy
50 daily active users
250 tracked wallets
30 unique wallet submissions per week
50% user retention rate (week to week )
Achieve $500 monthly recurring revenue
Funding: $7,000
Targeted KPIs
- Monthly Active Users: Target 100 by month 3
- Monthly Transaction Volume: Target $10k by month 3
- Unique Wallet Submissions: 100+ per month
- Website Traffic: 2000 monthly visits
- User Retention: 50% month-over-month
- Scout-to-Subscriber Ratio: Target 1:5
Scout Incentive Structure
- 70% of subscription revenue goes to scouts
- 30% protocol fee for platform maintenance and development
- Long-term sustainability through protocol revenue
**Scout Acquisition Strategy:
- Early adopter rewards program offering bonus rewards for first 100 scouts
- Educational content teaching wallet analysis and scouting techniques
- Weekly leaderboards highlighting top-performing scouts
- Ambassador program for experienced traders
- Integration with trading communities and DAOs
User Engagement Plan**
- Daily free alpha reports highlighting successful scouted trades
- Social channels for scout community discussion
- Regular AMAs with successful scouts
- Gamification elements (scout levels, achievements)
- Revenue sharing events for high-performing scouts
Team
We are HaAI Labs (haai.info), the team behind preprints.io
Nassim Dehouche: Lead Developer
Ph.D. CS, Certified Ethereum Developer
Nishant Tomar: Developer
MSc. CS
Som Meesakulthaworn: Product Lead
MA Visual Communications, UI/UX, Product Manager
Terms of Use
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.