Project Track: Web3 (Contributing to the transition of Web 2.0 to Web 3.0)
Team: TRON Magicians (3 membeers)
iamminci (frontend & solidity)
Sofia Perez (PM & design)
0xdeadlee (backend)
DevPost URL:
Project Goal: Journey is a platform designed to incentivize users to experience on-chain protocols, dapps, and NFTs on the TRON blockchain and help onboard the next billion users to Web3.
Project Info:
Full Demo Video (including business model, tech stack, and more)
Complete and verify each on-chain task for the given quest
Claim the reward associated with the quest (on Shasta Testnet)
View your badges on “My Profile”
View the community leaderboard
If you feel ambitious, try out the Sun Specialist Journey
Project Details: View full product pitch with feature screenshots in our Presentation Slides.
Journey is an on-chain quests platform built for the TRON blockchain where users can engage in on-chain tasks called “quests” and be rewarded for doing so in token rewards, NFT completion badges, and experience points on the platform.
Our business model is that we partner with protocols in the TRON ecosystem who will fund and launch quests on our platform and help incentivize user engagement on their protocols (where we take a small fee for offering the service). By doing so not only do projects benefit from increase in engagement on their protocols, but this gamified learn-to-earn platform will help user seamlessly onboard into web3 - increasing the overall user base of the TRON ecosystem.
We believe Journey will help: (1) onboard new users into web3, (2) increase user engagement during current market conditions from existing users, (3) help educate anyone about the TRON ecosystem through hands-on on-chain experiences.
Features:
Quests: On-chain tasks that help users learn about protocols on TRON
Disclaimer:
The projects showcased in our demo video and slides (e.g. SunSwap, JustLend, etc.) have no affiliation with this hackathon project. They are simply shown to help share our vision for the Journey platform as a proof-of-concept. Although we would be more than happy to follow-up with any of the projects when we launch on Mainnet:)
Project Milestones:
10/10 - 10/24: Team Formation, Ideation and Product Roadmapping
11/21 - Present: Implement a KYC user verification system via BrightID or WorldCoin to prevent sybil resistance on quests that offer limited token rewards from partners
TBD - Find a launch partner protocol from the TRON ecosystem to help beta test the service on TRON mainnet
TBD - Add more gamification and social features to increase engagement and stickiness in the platform
TBD - Build a partner onboarding service to streamline the quest launch flow
Better responsive UI support, testing and monitoring of service
Before you finish writing up the presentation can you quickly explain what kind of incentive you are going to distribute and where will the incentive come from? Thanks
No response whatsoever, this actually reminds me of the guy who said he doesnt care about winning anything in the community forum and that all his concentration was on the devpost but the team never responded to his submissions and he couldn’t join the hackathon, he was complaining bitterly.
When such a person makes a forum post, expect that he is never going to answer any questions whatsoever and really dont care about the views of the community.
The team of this project should go and come again. Cos u cant avoid questions just like that
Hi @Nana66419 and @fabsltsa! First of all, sincere apologies for the late response. We’ve been hectic at launching a new landing page that it slipped our minds to monitor the replies here We’ll make sure to do that more closely from now on. Hope you understand:)
In our project details above, we’ve outlined our business model as follows:
“We will partner with protocols in the TRON ecosystem who will fund and launch quests on our platform and help incentivize user engagement on their protocols (where we take a small fee for offering the service).”
Here’s also a diagram for our business model draft (WIP, subject to change):
So to answer your question more directly, yes, rewards will be distributed in a combination of token rewards (funded by the partner that launched the quest on our platform), an NFT completion badge (minted and created from our platform), and experience points on our platform as a social incentive.
The token incentives will come from the partners themselves. And our revenue will come from taking a service fee on those incentives. Hope this answers your question! Let us know if you have any thoughts on this model. Would love any feedback:)
So Sunswap could for instance create a trading contest, send to you the rewards and you would track the volume of wallets in a certain period of time on sunswap and then reward the best traders? Did I get it right?
@fabsltsa Yes, that could be a type of quest. In the context of your example, Sunswap would send us a small fund of rewards (e.g. ~100K), we’ll facilitate the quest by tracking wallets that engage with Sunswap and identifying the winning wallets, and the reward funds will be used to reward the winners of the quest. This would attract users to engage with Sunswap, while Sunswap benefits from an increase in user engagement on their protocol and wider exposure, allowing them to make back the reward they committed with more TVL and users who know understand Sunswap.
However, our current model is geared more towards newcomers to the TRON ecosystem rather than experienced users. For instance, a good quest example would be “DEX 101 with Sunswap” that teaches you how to use Sunswap, rather than a trading contest. This will allow for an increase in net new users on both TRON and Sunswap - potentially from other ecosystems or just new to crypto - instead of attracting folks who would want to game the system and cash out.
Finally, one thing we are in plans to build out is a Sybil resistance layer such that we prevent a single user from creating hundreds of wallets to drain the reward funds. One example would be using a service like BrightID or Worldcoin to ensure each wallet is a unique person. This would be applied to all quests that come with real-token rewards, such that the funds are indeed distributed to a wide range of new users.
Thanks, it does answer my questions (even those that I haven’t asked yet ).
Just one more if you allow me. Are you going to issue your own trc20 token to distribute rewards? Or it will be an nft + the project initiating the quest’s token?
For instance you could ask the projects to purchase your own token in order to cover the quest costs. Distribute them, use a part for burn and keep a part for running your project.
@fabsltsa That’s a great point - as of now, we currently do not have any plans to issue our own TRC20 token to distribute reward, but will be issuing NFT completion badges with projects providing the quest’s rewards in their own token.
It’s something worth debating, but we currently believe TRX and partner tokens are sufficient as fuel to power our platform and feel that issuing our own token might in fact hinder our goal of empowering newcomers due to its potential volatility as a standalone asset. However, we’re open to these ideas as we’ve focused mostly on the platform development during this time over tokenomics. I think a lot will depend on the feedback we receive from this hackathon:)
If you want to avoid volatility, better to ask trx and stables only since most of your clients are most likely going to be new projects, which are the most volatile and high risk. Using your own token if the pool is deep enough would be more stable. Cause the projects would have to purchase those tokens before you handle a part to your users. Since a part would be burned to drive the token’s value up, I think a big part of the community would like to hold theirs on the long term, benefiting from the constant growth and, therefore reducing the volatility.
Great project!
Gamification works for so many projects to get the attention of potential users!
I really support all the initiatives that help onboarding new comers into the Web3.