Introduction
Project Name: Mintyplex
Name of the Organization: Mintyplex, Inc.
Project Description:
Mintyplex is a user-centric platform that empowers digital creators to create, distribute, and monetize their work using innovative blockchain technologies.
The digital creator economy, a multi-billion dollar industry, is fraught with challenges, particularly in monetization, audience engagement, and control over content.
Mintyplex aims to solve these problems by leveraging Web3 technologies, providing creators with fair, straightforward tools to own and manage their digital products.
Key Technologies:
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Sia for Decentralized Storage: Sia enables affordable, global distribution and storage of digital products like ebooks, videos, audios, images, and courses. Mintyplex has already developed an MVP with Sia and aims to deploy an improved version with broader functionality.
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Base Blockchain for On-chain Certificate and Transaction Signing: Mintyplex uses account abstraction and smart contract logic to facilitate instant payouts to creators, regardless of payment methods. Base’s smooth development experience and growing user base of over 20 million total users offer a strategic advantage for Mintyplex.
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Supporting Tools: AWS/Netcup for server hosting, Thirdweb for authentication and account abstraction, MongoDB for database management.
Platform Users:
- Creators: Video creators, photographers, bloggers, coaches, and writers seeking a platform that prioritizes their creative and monetization needs.
- Shoppers: Buyers, fans, and supporters who purchase digital products or show support through tips and purchases.
- Affiliates: Individuals who promote creators and earn commissions through referrals and product sales.
Proposed Features:
- Expansion to include video, audio, and course sales powered by Sia.
- A blog section for creating and monetizing free and premium articles stored on Sia as txt files.
- An affiliate network to boost creators’ exposure and sales.
- Additional monetization streams, including tipping for free blogs and gated content.
Who Benefits from Your Project?
- Web3-Native Users: Creators, Affiliates, and Shoppers familiar with decentralized technologies will benefit from a native experience on Mintyplex, offering faster payouts and enhanced control over their content.
- Non-Web3 Native Users: Creators new to blockchain technology will enjoy a user-friendly interface that eliminates payout delays, censorship, and offers greater content control.
How Does the Project Serve the Foundation’s Mission of User-Owned Data?
Mintyplex aligns with Sia’s mission by empowering users to create, manage, and distribute their data transparently and securely. Our open-source approach ensures that our innovations can be replicated and extended across the Web3 ecosystem, reaching more users and promoting the principle of user-owned data.
Grant Specifics
Amount Requested: $50,000
Budget Breakdown:
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Development (6 Months): $45,000
- Prototype: $3000
- Frontend Development: $18000
- Backend Development: $24,000
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Operating Expenses (12 Months): $5,000
- Siacoin for Storage: $1000
- Database and Platform Hosting: $1,500
- Transactional Email and Platform Monitoring Tools: $1000
- Audits and QA Testing: $1500
Milestones with Measurable Objectives and Goals:
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Month 1:
- Complete UI design for web and mobile interfaces.
- Prototype development finalized and reviewed.
- Establish backend infrastructure and database setup.
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Month 2-3:
- Develop and integrate frontend with the backend system.
- Implement video, audio, and course sales features.
- Launch blog section with Sia-integrated storage.
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Month 4-5:
- Develop and deploy the Affiliate Network.
- Integrate tipping and gated content functionalities.
- Begin testing and debugging across all features.
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Month 6:
- Final testing, user onboarding, and platform launch.
- Ensure full functionality of all features on the Mainnet.
- Post-launch support and performance monitoring.
Potential Risks:
- Technical Challenges: These may arise from integrating Sia and other tools like s5. However, the addition of experienced engineers and proactive communication with Sia and Base teams will mitigate these risks.
- Smart Contract Issues: Challenges in Solidity smart contracts may occur, but our team’s expertise and support from the Base team will ensure quick resolutions.
- Legal Challenges: Navigating digital product regulations and tax laws poses a risk, but we plan to seek legal consultation and onboard a legal advisor to ensure compliance.
Development Information
All code developed will be open-source and accessible for review. Links to the exact repository will be provided upon commencement.
Links:
Github Organization Link: Mintyplex · GitHub
Do you agree to submit monthly progress reports?
Yes, we will submit monthly progress reports.
Contact Information
Email: [email protected]
Other Preferred Contact Methods: N/A