Snipverse Web3 Social Media Platform Powered by Proton Blockchain
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Created byfrostic
Description

Project Details

Snipverse is an innovative web3 social media platform designed specifically for crypto enthusiasts and projects. It aims to create a vibrant and engaged community by leveraging Proton blockchain technology and Snipcoins, its native utility token. Snipverse provides a decentralized and rewarding ecosystem that fosters knowledge-sharing, collaboration, and growth within the crypto space.

What problems Snipverse aims to solve? Crypto enthusiasts and projects face challenges in finding a dedicated platform that caters to their specific needs. Existing social media platforms lack specialized features, overrun by bots, have limited engagement opportunities, and fail to provide adequate rewards for valuable contributions. Snipverse addresses these pain points by offering a tailored solution that rewards users, encourages collaboration, and ensures a vibrant and supportive community.

Key Features and Solutions:

a) Crypto-Centric Community: Snipverse.com focuses on catering to the needs of crypto enthusiasts and projects. The platform provides dedicated spaces for discussions, news updates, project launches, and collaboration opportunities, fostering a community that is highly engaged and knowledgeable.

b) User authentication and verification: At the heart of Snipverse's authentication and verification system lies Proton's WebAuth wallet technology. This revolutionary authentication method eliminates the need for traditional usernames and passwords, significantly reducing the risk of hacking, impersonation and ensuring a bot-free environment.

c) Rewards for Contributions: Snipverse.com rewards users for their contributions to the crypto community. By utilizing SnipCoins, users can earn rewards for sharing valuable insights, participating in discussions, promoting projects, and providing meaningful feedback. This incentivizes active engagement and encourages the sharing of quality content.

d) Collaboration and Networking: Snipverse.com facilitates collaboration and networking within the crypto space. Users can connect with like-minded individuals, explore partnership opportunities, and build relationships with projects and influencers. This encourages collaboration and strengthens the overall ecosystem.

e) Project Promotion and Exposure: Snipverse.com provides a platform for crypto projects to showcase their offerings and gain exposure to a targeted audience. Project teams can create project pages, share updates, announcements, and events, attracting the attention of potential investors, partners, and community members.

f) Community Governance: Snipverse.com implements a community-driven governance model. Token holders with ADV membership status can vote and actively participate in shaping the platform's future. This ensures that decisions align with the community's interests and values, creating a platform that evolves based on consensus.

g) Snipcoins (SNIPS) - The Utility Token: Snipcoins serve as the native utility token within Snipverse.com. They are used for various purposes, including rewarding contributions, accessing premium features, purchasing advertisement credit and facilitating transactions within the platform. Snipcoins incentivize active participation and drive the platform's economy.

Snipverse.com beta version is currently live and functioning, users can already access and use the platform at https://snipverse.com

Ecosystem Fit

  1. Where and how does our project fit into the Proton ecosystem?

Snipverse is closely intertwined with the Proton ecosystem, leveraging its technology and infrastructure to create a secure and decentralized social media platform.

Snipverse utilizes the Proton blockchain as its underlying technology which provides a scalable and secure environment for storing user data, ensuring the integrity and privacy of the platform. Snipverse leverages the blockchain's immutability to prevent data tampering and establish a transparent system for user authentication and verification.

Snipverse integrates WebAuth wallet as the primary authentication mechanism for its users and leverages Proton's KYC protocols to ensure that its user base consists of legitimate individuals, enhancing the overall security and trustworthiness of the platform.

  1. Who is our target audience?

Snipverse target audience includes crypto enthusiasts, businesses bockchain projects, NFT projects, influencers, and content creators within the crypto space.

  1. What needs does our project meet for the community and what sets it apart from other similar projects?

a) Networking and Collaboration: Snipverse fulfills the need for networking and collaboration within the Proton community. It provides a platform where users can connect with like-minded individuals, exchange ideas, and collaborate on projects. This facilitates the growth of professional networks and fosters meaningful interactions among Proton community members.

b) Knowledge Sharing: Snipverse caters to the need for knowledge sharing within the Proton community. It enables users to share their expertise, insights, and experiences with others, creating a valuable hub of information. Users can engage in discussions, ask questions, and learn from each other, fostering a culture of continuous learning and knowledge dissemination.

c) Community Engagement: Snipverse encourages active community engagement within the Proton ecosystem. It provides features such as tipping, commenting, liking, and sharing, allowing users to interact and engage with each other's posts. This fosters a sense of community and encourages participation, making Snipverse a vibrant platform for Proton community members.

d) Project Promotion: Snipverse allows users to promote their work and projects within the Proton community. It provides a dedicated space where users can showcase their achievements, share updates about ongoing initiatives, and seek support or feedback from the community. This promotes visibility, collaboration, and recognition for users' projects.

For the past 2.5 years we've been focused on building Snipverse to demonstrate a real-world use case for crypto. We believe the impact of Snipverse goes beyond just being a platform; it represents a powerful showcase of the capabilities and potential of the Proton Blockchain. As a result, we are seeking support through this grant to further develop and enhance Snipverse.com, ensuring it remains at the forefront of innovation in the crypto industry.

Grant Proposal: $100,000 for 10 Months Milestones

Milestone: 1

  • Estimated duration: 4 months

  • FTE: 1

  • independent Developers 2

  • Costs: 40,000 USD

Activities:

  • Conduct user research and gather feedback to identify user pain points and areas of improvement in the current user interface.

  • Improve the platform's UI to make it more intuitive, visually appealing, and responsive across different devices.

  • Improve staking mechanism based on user feedback.

  • Integrate Proton DAO dashboard and launch dashboard for advanced (ADV) members to participate in the platform's DAO, enabling them to vote on key decisions.

  • Integrate the necessary smart contracts and voting mechanisms to support the DAO functionality.

  • Milestone: 2

  • Estimated duration: 3 months

  • FTE: 1

  • independent Developers 2

  • Costs: 30,000 USD

Activities:

  • Integrate NFT functionality, allowing users to set NFTs as their profile pictures and backgrounds for enhanced personalization.

  • Develop and implement comprehensive analytics and insights tools that enable users to track their community engagement, token performance, and other relevant metrics.

  • Milestone: 3

  • Estimated duration: 3 months

  • FTE: 1

  • independent Developers 2

  • Costs: 30,000 USD

Activities:

  • Develop and implement portfolio tracking features that enable users to monitor their crypto holdings and create custom watchlists.

  • Build collaboration features, including shared workspaces, project management tools, and real-time collaboration functionalities.

  • Build live streaming capabilities for podcasts, AMAs, and interviews, enabling real-time engagement with industry experts and project teams.

  • Conduct regular security audits to identify vulnerabilities and implement necessary upgrades to ensure the platform remains secure.

  • Implement additional security measures and protocols to protect user data.

See link below for more details on our roadmap and future plans.

https://github.com/snipcoins/grant-framework/blob/master/applications/snips_protocol.md

Looking forward to your feedback and we sincerely appreciate your consideration of our grant proposal.

Thank you!

Details

Voting System

Basic Voting

Start Date

Jul 21, 2023

End Date

Aug 21, 2023

Results

Yes
947.29M XPR 99%
No
13.88M XPR 1%
Quorum
3.4% / 3%

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