Name of the project:
Forgiven Digital (FGM) | RWA Platform x Allka Studio Phygital Marketplace
Problem statement in the existing Conflux ecosystem and the proposed solution:
The Conflux ecosystem, despite its technical superiority, lacks high-profile RWA (Real World Assets) projects that attract real-world users and brands. On the other hand, luxury and streetwear brands like Allka Studio struggle with counterfeiting and the lack of a liquid, global secondary market for their limited-edition products.
Our solution is the development of the first luxury ‘phygital’ fashion marketplace on Conflux, with FGM acting as the technological arm of the successful design house, Allka Studio. We will tokenize exclusive physical garments as NFTs, enabling global trade and subsequent physical redemption. This solves both problems: it brings a high-impact RWA use case to Conflux and provides Allka with an authenticity and global secondary market solution.
Alignment of the project with the Conflux Network:
Our choice of Conflux as our launch platform is strategic. The network’s high speed and low fees are essential for a seamless user experience in luxury commerce. Furthermore, the development of a native NFT bridge on Conflux aligns perfectly with our future multi-chain vision, allowing these RWA assets born on Conflux to eventually interact with other ecosystems.
Benefit to the Conflux Ecosystem:
Benefit for Developers: This project will serve as a blueprint and a successful case study on how to integrate a real-world brand into Conflux. We will provide a model for other developers and brands to bring their own RWA projects to the network.
Economic Benefit: We will bring direct and tangible economic value. Every NFT minted, sold, or transferred is an on-chain transaction. We are bringing Allka Studio’s proven business model and existing demand directly to Conflux, generating a constant flow of economic activity.
Demonstrate a competitive edge:
Our competitive edge is our unique, symbiotic alliance. We are not a speculative idea; we are the Web3 expansion of a real-world business model that is already proven and profitable. Allka Studio brings a cult brand, validated demand (drops that sell out in minutes), and sustainable profit margins. ForgivenMeme brings the blockchain infrastructure and Web3 strategy. This fusion of proven demand with cutting-edge technology gives us an advantage that no purely crypto project can replicate.
Links to the projects:
Project Webpage: https://forgivenmeme.site/
DApp (Forgivenstone Mint): https://forgivenmeme.site/#forgivenstone
DApp STAKE LP: https://forgivenmeme.site/#farming
Project Socials (X): @FGM_RWA
Project Socials (Telegram): t.me/ForgivenFGM
Allka Studio Website: https://allka4.mitiendanube.com/
Allka Studio Instagram: https://www.instagram.com/allkastudios/
Conflux eSpace grant recipient wallet address:
0x6A3FBD37c59b3a2937130Ce0c365F52A5Ee4ecD1
Are you an incorporated startup?
We currently operate as a decentralized project but have already taken significant legal steps. The “Allka Studio” brand is officially registered in Argentina, and we are in the process of incorporating the company as a Corporation (“Sociedad Anónima”). We are open to accelerating this process if it is a requirement for the grant.
Technical Introduction
Refer back to problem statement: The objective is to create a verifiable and frictionless bridge between a physical luxury asset and its digital twin, solving the problems of authenticity, ownership, and global liquidity.
Identify existing solutions (if any), and include a feasibility study: Existing solutions are generalist marketplaces like OpenSea, which are not optimized for ‘phygital’ redemption or the exclusive experience of a luxury brand. Our solution is a single-brand marketplace focused on the customer experience, from digital purchase to physical product delivery. Feasibility is high, as the smart contract technology for NFT creation and transfer is mature. The innovation lies in the integration with real-world logistics.
Purpose of the system, Scope of the system, Objectives and success criteria of the project:
Purpose: To develop a DApp platform on Conflux for the sale and management of NFTs representing ownership of physical garments from Allka Studio.
Scope: The system will cover minting, primary market sales, and a redemption mechanism that updates the NFT’s status to initiate the physical shipping process.
Objectives: To launch a functional marketplace, successfully deploy Allka’s “Drop 3” as the first collection, and process physical redemptions securely and verifiably.
Success Criteria: Successful launch of the marketplace on the Conflux mainnet, selling at least 80% of the first drop, and processing 99% of physical redemption requests without errors.
Identify definitions, acronyms, and abbreviations:
RWA: Real World Asset.
Phygital: A fusion of a Physical product with a Digital representation.
Drop: The release of a limited-edition collection.
Technical Proposal
Functional Flow Summary:
Drop Launch: Allka Studio and FGM announce a new drop. A collection of NFTs is created in our smart contract on Conflux, where each NFT corresponds to a specific physical product.
Primary Sale: Users purchase the NFT on our marketplace. Ownership of the NFT is transferred to the buyer’s wallet.
Secondary Market: The NFT can be freely traded on our marketplace or others, functioning as a liquid asset and a verifiable certificate of authenticity.
Redemption (Off-Chain & On-Chain Process):
The final owner of the NFT initiates the redemption process on our DApp. This is a two-step process to ensure security and privacy:
Step A (Off-Chain Data): The user is presented with a secure, private form within the DApp to enter their shipping information (name, address, etc.). This data is sent via an encrypted connection to our private backend and is never written to the blockchain.
Step B (On-Chain Proof): Only after the shipping data is securely saved, the DApp prompts the user to sign a blockchain transaction. This transaction calls a function that permanently updates the NFT’s metadata, changing its status to “Redeemed” (redeemed: true).
Logistics and the Digital Twin:
The on-chain transaction acts as a public trigger. Our backend system detects this event and securely links it to the private shipping information, generating a complete and verifiable shipping order for Allka Studio’s logistics team. The NFT, now marked as “Redeemed,” remains in the owner’s wallet as the eternal digital Certificate of Authenticity for the physical garment.
Total Budget
Grant Size: $25,000 USD
Justification: The funds will be used to accelerate the development of a world-class platform and ensure maximum security.
Smart Contract & Backend Development (1 month, 2 developers): $12,000
Frontend Development (1 month, 1 developer): $6,000
Smart Contract Security Audit: $5,000
Infrastructure & Deployment Costs: $2,000
Development Roadmap
Milestone 1: Final Specification and Design (2 weeks)
Deliverable: Complete technical specification document and final UI/UX designs for the marketplace.
Requested Funding: $5,000 USD.
Milestone 2: Smart Contract Development & Audit (4 weeks)
Deliverable: GitHub repository with the finalized smart contracts and the completed security audit report.
Requested Funding: $15,000 USD.
Milestone 3: Marketplace Launch & First Drop (2 weeks)
Deliverable: Fully functional marketplace URL on the Conflux mainnet and the successful launch of the first drop from Allka Studio.
Requested Funding: $5,000 USD.
Team
Jhassiel Alcarraz - CEO & Lead Builder
A builder with roots in blockchain infrastructure (ETH miner, CM for FoxPool Kaspa) and economic vision (early Conflux investor). He led the implementation of AI for the healthcare sector at SENSAY, demonstrating his ability to bring futuristic concepts into the real world.
X (Twitter): https://x.com/Cfxalcarraz
Bequer Allcarraz - Brand Architect & Co-Founder
The architect of FGM’s cultural identity and CEO of Allka Studio. His knowledge of Scenography and Arts (UBA) allows him to create visual narratives that have led his collections to sell out in hours. His mission is to translate FGM’s digital philosophy into a tangible luxury brand.
Instagram: https://www.instagram.com/bcqr.allka/
Gaby Hoyos - Head of Creative & Brand Strategy
The architect of the visual and narrative identity. With experience in high-impact content for X and TikTok, she leads the project’s brand strategy. Her background in emergency medicine gives her a unique ability to operate with precision in high-volatility environments.
Alvaro Casas - Head of Global Growth & Partnerships
The engine behind FGM’s global expansion. With his strategic vision, he designs and executes the project’s growth plan, opening doors and forging alliances worldwide. His fluency in English, Spanish, and Portuguese allows him to build authentic and effective relationships.
Terms of Use
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
