Doodle ID for kudos: #1050
Discourse: https://forum.doodles.app/t/onboard-educate-new-nft-users/1755/17
Rationale & Goals: NFT trading activity has more than doubled between July and August 2021, according to the number of unique wallets that either bought or sold an NFT. By August 2021, there were roughly 280,000 unique buyers or sellers(the source does not distinguish between the two - after a growth of 185,000 unique wallets).
The current adaptation rate for NFTs has been quite good but not the best. We have seen a lot of Celebrities & Influencers purchasing NFTs, which in turn bought in a lot of new users. But a majority of these New Users never convert to buying & selling.
Why? The major problem faced by these New Users are education & onboarding. There is no dedicated platform for NFT Education available currently. Onboarding into NFTs is already a very tough task for a lot of people due to the complexity of handling their own wallets without complete knowledge. A lot of users also fall victims to scams due to this lack of information.
How do we plan on fixing this? Enter LearnJPEG. We have designed a NFT Education platform with a lot of added utilities + benefits for learners.
The main function of our platform will be: • Learn & Earn - This will allow new users to enrol into NFT + Web3 courses and earn in-app coins for successfully completing the course. These courses will contain a variety of content, such as text guides, videos, podcasts & more. The course will be followed by some questions which would authenticate wether a user really learnt. On successful completion of the course, the user would receive a fixed no of coins. These coins can be converted into NFTs using our Rewards Store. All courses on our platform will be free of cost.
Timeline: • Platform development has already begun & will take a time period of 4 months after which we do 1 month of beta testing and bug discovery before the release. • We will delivery an initial MVP product within 1.5 months of this proposal.
Cost: • Stacks – 7 ETH • These 7 ETH will be allocated for platform development. • Total platform development cost is 21 ETH, out of which 14 ETH has already been secured and platform development has already begun.
Accountability: • Funds will be sent from the DoodleBank to learnjpeg.eth and a transaction hash will be provided when the funds are transferred from learnjpeg.eth to the development company. All our accounting is open and can be viewed by visiting our notion. • Provide a platform wireframe demo to the any of our interested DOODS & provide an MVP platform within 1.5 months. • We are expecting a revenue of up to 40 ETH per month and will contribute 20% of this revenue to the DoodleBank each month. • I @0xshub on twitter will be personally liable for these funds and am willing to sign a contract for the delivery of this platform. Failing which I would pay back the 7 ETH to DoodleBank.
Options: • Approve – Move forward to bring NFT & Web3 education to the world. • Reject – I do not want to bring NFT & Web3 education to the world.