Grant ID: 33dz381
Hub for video creators to better monetize their content. 98% of the 60+ million video creators earn less than US Poverty line of $12,160/year. The reason is because they all have low engagement rates. This occurs because users are not rewarded for the time they dedicate to engage with videos. On Niftgen, users will be rewarded for their engagement. The rewards will be a niftgen tokens. These tokens can be used to access special content or vote on what content a creator should produce during a live stream.
If available, please enter a link to your project below:
Are you applying as a team or individual?:
What type of grant are you pursuing?:
Please select the category your project best fits into:
Please select who you think will benefit from your project?:
How much funding are you looking for? (USD):
Provide a breakdown of your requested funding:
The fundimg will cover the infrastructure costs of the project such as AWS.
Have you applied for (or already received) funding from somewhere else?:
If yes, please describe where you’ve received funding from and how much you have, or will, receive:
We receved grant from Algorand Foundation in early 2022. The amonut was $230,000.
What’s your vision for how your project will impact The Graph and/or web3?:
Niftgen will be a testament that gret social media applications can be build using blockchain technology. It will help to onboard the nect 500 million uders into blockchain.
What can you share about any past work that is relevant to this grant?:
We build the first TestNet version of the project. Mainnet will be live by jannuary 2023.
Can you share any information about current/past web3 experience?:
This is the first startup we did. We have been in thr blockchain industr since 2020. Started web 3 journey on the cardano blockchain. Then we moved to Algorand.
Why are you interested in contributing to The Graph and/or web3?:
We want to contribute to web 3 becasue blockchain will improve all the systems of the world for everyone everywhere . The graph helps to make projects that cann accelerate worlwide crypto adoption.