metadata: {"signature": "0x05cd787dfc3abe6ef6c25080f797624fef120b81e1189507ee481889c60aaef109c3582e1cd4cc8b591064a6e02d41aeea060c7f9af64b4c8eaf10738c6689ed1b", "application": {"round": "0xdd906d46876ec8a10e4cf80fb5c4992091e87e46", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "6SGEEoAusHLdsCPhwcnm8E5oeQDf/IfEhtqH5rh0YJfU+JqitUYUrW4b/CEDDEqm", "encryptedSymmetricKey": "8bb392ac7199b774b2f7b4f21098312ce9408265fecc8a4ca87a2c36efd22ad5d23c25ed7b35a0489f5fe5b88938d6114b6d869821faf0e4005d71e181a19100933d7726412d8536c28412d507c80cdbb791c23dffc0884921652f7c8a677daafac03f2ad4011309cf7b267433bf8f06193807ae771a13b72d3fb014c82a57c100000000000000202b5ab7c5662ca0130a4480657bd3e1f4c80846f91a3849eded528d3880a9b8a1e19c517649e01a765da0244d16f2618b"}}, {"type": "dropdown", "answer": "Yes", "hidden": true, "question": "Please confirm the Payment Wallet you have provided is on Polygon PoS and can accept MATIC", "questionId": 1}, {"type": "paragraph", "answer": "Consumer-Centric Approach and Innovative Use of Farcaster Frames in motoDEX\nConsumer-Centric Approach: motoDEX has been designed with a strong focus on the player experience, ensuring that every aspect of the game appeals to both casual gamers and dedicated NFT enthusiasts. Here\u2019s how we put the consumer at the center of our project:\n\nIntuitive Gameplay:\n\nEasy-to-Follow Mechanics: Players can jump right into the action without a steep learning curve. The game is designed to be accessible, with straightforward controls and a clear objective, allowing players to enjoy high-speed racing without being bogged down by complex mechanics.\nEngaging Plot and Visuals: The combination of a simple, engaging storyline with vibrant and dynamic environments keeps players immersed, ensuring they return to the game regularly. This approach appeals to fans of classic racing simulators while incorporating modern elements like NFTs.\nFair and Transparent Transactions:\n\nSmart Contracts for Security: We prioritize transparency and fairness by using smart contracts to manage financial transactions. This eliminates the risk of human error or manipulation, ensuring that all transactions are secure, traceable, and automatically executed according to the game\u2019s rules.\nIncentives for Early Investors: We\u2019ve structured the game\u2019s economy to reward early adopters. By incorporating mechanisms like automatic price increases for new characters and other NFTs, we ensure that those who invest early benefit as the game grows, creating a loyal player base.\nSustainable Gaming Economy:\n\nRising NFT Values: Our algorithm is designed to steadily increase the value of in-game assets like characters and tracks. This not only incentivizes players to invest but also creates a vibrant marketplace where NFTs appreciate over time, ensuring a dynamic and rewarding experience for players.\nHigh Liquidity and Profit Potential:\n\nInvestment Opportunities: By offering high liquidity and the potential for excess profits, motoDEX appeals to both gamers and investors. Players have the opportunity to see real returns on their investments, making the game not just a source of entertainment but also a viable investment opportunity.\nInnovative Use of Farcaster Frames:\nEnhancing User Experience with Farcaster Frames:\n\nFarcaster Frames are a key innovation that motoDEX uses to elevate the player experience. Here\u2019s how they integrate into our consumer-centric approach:\n\nSeamless Social Integration:\n\nCommunity Engagement: Farcaster Frames allow players to easily connect with the broader gaming community directly within the game. Through these frames, players can share achievements, challenge friends, and participate in community events without leaving the game environment. This seamless integration enhances social interaction and builds a stronger player community.\nCustomizable Player Profiles:\n\nPersonalized Gaming Experience: Farcaster Frames offer players the ability to customize their profiles and in-game avatars with unique frames that reflect their progress, achievements, and personal style. This customization not only enhances player identity within the game but also adds an additional layer of personalization, making the game more immersive.\nEnhanced NFT Display:\n\nShowcase Valuable Assets: Players can use Farcaster Frames to display their most valuable NFTs in a visually appealing way, both within the game and on social media platforms. This not only adds prestige to owning high-value NFTs but also creates a dynamic marketplace where NFTs can be easily showcased and traded.\nReal-Time Updates and Notifications:\n\nStay Informed: Farcaster Frames provide real-time updates on in-game events, market trends, and community news, keeping players engaged and informed. This feature ensures that players never miss out on opportunities to participate in special events or capitalize on market movements.\nBy integrating Farcaster Frames into the core gameplay and community experience, motoDEX enhances user engagement, fosters a vibrant community, and provides players with tools to personalize and maximize their gaming experience. This innovative use of technology aligns perfectly with our commitment to creating a consumer-centric platform that not only entertains but also rewards its players.\n", "hidden": true, "question": "Explain your project's consumer-centric approach and how it innovatively uses Farcaster Frames to enhance user experience", "questionId": 2}, {"type": "paragraph", "answer": "Novel Use of Farcaster Frames in motoDEX to Solve Consumer Problems and Create New Opportunities\nProblem: In the current NFT and gaming landscape, players often face challenges such as fragmented community engagement, lack of personalization in their gaming experiences, and difficulties in showcasing and monetizing their digital assets. Additionally, staying updated on market trends and game events requires players to rely on multiple platforms, leading to a disjointed user experience.\n\nSolution: motoDEX leverages Farcaster Frames in a unique and innovative way to address these issues, creating a more seamless and engaging experience for players.\n\n1. Unified Social and Gaming Experience:\nSeamless Integration of Social Interactions: Farcaster Frames enable players to interact with the gaming community directly within motoDEX. Players can share their achievements, engage in discussions, and participate in community events without needing to leave the game. This integration keeps the community vibrant and active, making it easier for players to connect and collaborate.\nIn-Game Communication: Players can use Farcaster Frames to send messages, challenges, or invites to other players. This creates opportunities for real-time collaboration and competition, enhancing the multiplayer experience.\n2. Personalized Gaming Profiles:\nEnhanced Customization: Farcaster Frames allow players to customize their profiles with unique frames that reflect their status, achievements, and personality. This feature gives players a sense of ownership and identity within the game, making the gaming experience more personal and rewarding.\nAchievement Showcases: Players can use Farcaster Frames to display their top achievements or rare NFTs on their profiles, providing a visual representation of their progress and success in the game.\n3. Real-Time Market Insights and Notifications:\nDynamic Market Integration: Farcaster Frames provide players with real-time updates on the value of their in-game assets, market trends, and upcoming sales. This helps players make informed decisions about buying, selling, or trading their NFTs, ensuring they maximize their investments.\nEvent Alerts: Players receive instant notifications about in-game events, tournaments, or special offers through Farcaster Frames, allowing them to participate actively and stay engaged with the latest developments in the game.\n4. Monetization and Investment Opportunities:\nNFT Showcasing and Trading: Farcaster Frames offer a unique platform for players to showcase their NFTs, making it easier to attract potential buyers or traders. This feature creates a new opportunity for players to monetize their assets directly within the game.\nPrice Tracking: Players can track the value of their NFTs over time, using Farcaster Frames to visualize market fluctuations. This helps them strategically time their trades to maximize profits, providing a clear advantage in the NFT marketplace.\n5. Enhanced User Experience:\nOne-Stop Solution: By integrating multiple features such as social interactions, market tracking, and personalized profiles into a single platform, Farcaster Frames streamline the user experience. Players no longer need to switch between different apps or platforms to manage their gaming activities, making motoDEX more convenient and user-friendly.\nCommunity-Driven Development: Farcaster Frames also allow players to provide feedback directly through the game, which can be used to inform future updates and developments. This ensures that the game evolves in line with the community\u2019s needs and preferences.", "hidden": true, "question": "Describe how your project uses Farcaster Frames in a novel or unique way to solve a consumer problem or create new opportunities.", "questionId": 3}, {"type": "paragraph", "answer": "Independent Functioning of motoDEX on Polygon PoS\nOverview: motoDEX is a decentralized gaming platform that operates independently on the Polygon PoS (Proof of Stake) network. Polygon PoS is a Layer 2 scaling solution for Ethereum that offers faster transactions, lower fees, and a robust infrastructure for decentralized applications (dApps) like motoDEX.\n\nHere\u2019s how motoDEX leverages Polygon PoS to function independently and efficiently:\n\n1. Scalable and Cost-Effective Transactions:\nHigh Throughput: Polygon PoS significantly increases the transaction throughput compared to Ethereum's mainnet. This scalability allows motoDEX to handle a large number of in-game transactions, such as buying and selling NFTs, executing smart contracts, and processing microtransactions, without delays or network congestion.\nLow Transaction Fees: One of the primary advantages of Polygon PoS is its low transaction fees. motoDEX players can perform numerous in-game activities, like purchasing characters or upgrading assets, at a fraction of the cost they would incur on Ethereum. This cost-effectiveness encourages more frequent and smaller transactions, enhancing the gaming experience.\n2. Decentralized Governance and Autonomy:\nSmart Contract Autonomy: motoDEX is powered by smart contracts deployed on Polygon PoS. These contracts are self-executing and operate independently, ensuring that all in-game transactions and operations are processed transparently and securely without requiring any centralized control.\nGovernance Mechanisms: The game can implement decentralized governance features, where the community or NFT holders have a say in the future development of motoDEX. By using Polygon's infrastructure, governance proposals and voting can be conducted quickly and cost-effectively, ensuring that the platform evolves according to the players' needs.\n3. Enhanced Security and Reliability:\nSecurity of Polygon PoS: Polygon PoS benefits from the security of Ethereum by using Ethereum as a final settlement layer. This means that while transactions are processed on Polygon, they can be securely anchored to Ethereum, enhancing the overall security of the motoDEX platform.\nStaking and Validation: The PoS mechanism of Polygon ensures that the network remains secure and reliable through staking by validators. motoDEX relies on this decentralized network of validators to maintain the integrity and trustworthiness of its operations.\n4. Interoperability with Ethereum:\nCross-Chain Compatibility: motoDEX benefits from Polygon's interoperability with Ethereum, allowing easy movement of assets and tokens between Ethereum and Polygon. Players can bring their existing Ethereum-based NFTs or tokens into motoDEX on Polygon and use them in the game without any friction.\nBridging Assets: motoDEX can leverage Polygon's bridging solutions, enabling users to transfer assets between chains with minimal fees and effort. This flexibility allows motoDEX to attract a broader audience from the Ethereum ecosystem, enhancing liquidity and engagement.\n5. Independent Operation and Upgrades:\nContinuous Development: motoDEX can operate and be upgraded independently on Polygon PoS without depending on Ethereum's upgrade cycles or network changes. This independence allows the motoDEX team to implement new features, updates, and improvements at their own pace, tailored specifically to the needs of their users.\nAutonomous Ecosystem: By building on Polygon PoS, motoDEX can create and maintain an autonomous ecosystem where all in-game assets, smart contracts, and user data are managed directly on the Polygon network. This autonomy ensures that motoDEX can provide a seamless and uninterrupted gaming experience, regardless of changes or issues on other networks.", "hidden": true, "question": "Describe how your project functions independently on Polygon PoS", "questionId": 4}, {"type": "multiple-choice", "answer": "NFT innovation", "hidden": true, "question": "Select from the provided categories or specify other if none of these are applicable", "questionId": 5}, {"type": "paragraph", "answer": "https://docs.openbisea.com/motodex/motodex-basic/team", "hidden": true, "question": "Describe your team's relevant expertise in developing in Web3 and (if applicable) with Farcaster Frames.", "questionId": 6}, {"type": "paragraph", "answer": "Time frames and milestones:\n\n\nTo ensure effective execution of our strategic plan and achieve our goals, we have established specific time frames and milestones. Here's a breakdown of our anticipated timeline and key milestones:\nPlatform Development:\nMonth 1-2: Conduct user research and gather feedback to identify key areas for improvement.\nMonth 3-4: Implement additional features and functionality based on user feedback, focusing on asset management tools and compatibility protocols.\nMonth 5-6: Conduct testing and optimization to ensure smooth integration and usability of new features.\nMilestone: Release of platform updates with new features and improvements every 2 months.\nCommunity Engagement:\nMonth 1-2: Plan and organize community events such as hackathons, developer meetups, and gaming tournaments.\nMonth 3-4: Host community events to facilitate collaboration, gather feedback, and increase user engagement.\nMonth 5-6: Evaluate the effectiveness of community engagement initiatives and adjust strategies as needed.\nMilestone: Increase in community participation and engagement metrics by 20% within 6 months.\nStrategic Partnerships:\nMonth 1-2: Identify potential partners in the blockchain gaming and Web3 space, including game developers, blockchain projects, and gaming platforms.\nMonth 3-4: Initiate discussions and negotiations with potential partners to explore collaboration opportunities.\nMonth 5-6: Finalize partnership agreements and begin integration of platform functionality into partner products and services.\nMilestone: Establish partnerships with at least 3 leading players in the blockchain gaming industry within 6 months.\nMarketing Campaigns:\nMonth 1-2: Develop targeted marketing campaigns aimed at gaming and blockchain communities on social media platforms and industry forums.\nMonth 3-4: Launch marketing campaigns to raise awareness of our platform, highlight its features, and drive user acquisition.\nMonth 5-6: Analyze campaign performance and optimize strategies based on key metrics such as user acquisition cost and conversion rates.\nMilestone: Achieve a 20% increase in platform registrations through targeted marketing efforts within 4 months.\nBy adhering to these time frames and milestones, we aim to execute our strategic plan effectively, drive growth and adoption of our project, and achieve our goals within the specified timeline.\n\n", "hidden": true, "question": "Please provide key milestones with budget for integrating Farcaster Frames and developing your application. You can link to a spreadsheet outlining this information.", "questionId": 7}, {"type": "paragraph", "answer": "Plan for Driving User Adoption of motoDEX\nTo ensure the widespread adoption of motoDEX, we\u2019ve developed a comprehensive strategy that targets key areas such as community engagement, partnerships, marketing, and user incentives. Here\u2019s how we plan to drive user adoption:\n\n1. Community Building and Engagement:\nEarly Access and Beta Programs:\n\nExclusive Access: We will launch an early access or beta program for a select group of users, including influencers, gaming communities, and NFT enthusiasts. This allows us to gather feedback, build hype, and create a sense of exclusivity around motoDEX.\nCommunity Involvement: Engaging the community in the development process through forums, social media, and Discord channels will create a loyal user base from the start. Community-driven content, like track design competitions or character creation, will also increase user involvement and interest.\nIncentivized Referrals:\n\nReferral Program: We\u2019ll implement a referral program that rewards users with in-game assets, tokens, or NFTs for bringing new players to motoDEX. This will encourage existing users to actively promote the game within their networks, driving organic growth.\n2. Strategic Partnerships:\nCollaborations with NFT Marketplaces:\n\nMarketplace Integration: Partnering with popular NFT marketplaces (like OpenSea or Rarible) will allow us to list motoDEX NFTs, increasing their visibility and attracting collectors. These partnerships will also provide an easy entry point for users to buy, sell, and trade motoDEX assets.\nCross-Promotion: Collaborating with established NFT projects and games can help us tap into their user bases. Cross-promotion campaigns, where players can earn motoDEX rewards by participating in events or purchasing NFTs from partner projects, will drive mutual traffic.\nGaming and Blockchain Influencers:\n\nInfluencer Campaigns: We will partner with gaming and blockchain influencers to showcase motoDEX to their followers. Influencers will share their experiences with the game, participate in live streams, and offer exclusive content or giveaways, generating buzz and attracting new users.\n3. Robust Marketing Campaigns:\nTargeted Digital Advertising:\n\nSocial Media Ads: We\u2019ll run targeted ad campaigns on platforms like Twitter, Instagram, and TikTok, where the gaming and crypto communities are highly active. These ads will highlight key features of motoDEX, such as the unique NFT economy, the fast-paced gameplay, and the potential for profit.\nSearch Engine Marketing: We\u2019ll optimize our online presence through search engine marketing (SEM) and search engine optimization (SEO), ensuring that motoDEX appears prominently in searches related to NFT games, blockchain gaming, and similar keywords.\nContent Marketing and Storytelling:\n\nEngaging Content: We\u2019ll create high-quality content, including blog posts, videos, and infographics, that educates potential users about the benefits of motoDEX and the broader blockchain gaming ecosystem. Storytelling that highlights user success stories, game lore, and behind-the-scenes development will help build an emotional connection with the audience.\nRegular Updates: Keeping the community informed through regular updates, newsletters, and social media posts will maintain interest and engagement. These updates will cover new features, upcoming events, and community achievements, ensuring players feel connected to the ongoing development of motoDEX.\n4. User Incentives and Rewards:\nPlay-to-Earn Opportunities:\n\nEarning Potential: Emphasizing the play-to-earn (P2E) aspect of motoDEX will attract players who are interested in earning rewards while enjoying the game. We\u2019ll offer a range of earning opportunities, from winning races to completing in-game challenges and participating in tournaments.\nTokenomics: By creating a robust token economy within motoDEX, where players can earn, trade, and spend tokens, we\u2019ll ensure that users are constantly incentivized to engage with the game. Early adopters will receive special rewards, such as limited-edition NFTs or higher token yields.\nNFT Airdrops and Rewards:\n\nAirdrops: We will conduct periodic NFT airdrops to active players and community members. These airdrops will feature exclusive characters, skins, or in-game items, motivating players to stay active and engaged.\nLoyalty Programs: A loyalty program that rewards long-term players with unique NFTs or in-game advantages will help retain users and encourage ongoing participation.\n5. Cross-Platform Accessibility:\nMulti-Platform Launch:\nAccessibility: We\u2019ll ensure motoDEX is accessible across multiple platforms, including web, mobile, and possibly even consoles. By offering a seamless experience across devices, we can capture a wider audience and make it easy for players to jump into the game from anywhere.\nInteroperability: MotoDEX will also support interoperability with other blockchain games and platforms, allowing users to bring in their assets and expand their gaming experience beyond motoDEX. This openness will appeal to players looking for a more integrated and expansive blockchain gaming ecosystem.\n6. Continuous Improvement and Feedback Loops:\nUser Feedback Integration:\nResponsive Development: We will actively seek and incorporate user feedback into the ongoing development of motoDEX. Regular updates and feature additions based on community suggestions will ensure the game evolves in line with user expectations.\nBeta Testing and Iteration: Before major updates, we will conduct beta testing with a select group of users to identify potential issues and fine-tune new features. This approach ensures a polished and player-approved experience upon full release.", "hidden": true, "question": "What is your plan for driving user adoption of your application", "questionId": 8}, {"type": "paragraph", "answer": "Increasing DAA (Daily Active Addresses) and Transaction Volume on Polygon PoS with motoDEX\nOverview: motoDEX is designed to not only attract a large number of users but also to drive high transaction volumes on the Polygon PoS network. By leveraging a mix of innovative gameplay, NFT economics, and targeted user acquisition strategies, motoDEX aims to significantly contribute to the growth of Daily Active Addresses (DAA) and transaction volume on Polygon PoS.\n\n1. Game Mechanics that Drive Transactions:\nNFT Purchases and Trades:\n\nIn-Game Marketplace: motoDEX features an in-game marketplace where players can buy, sell, and trade characters, vehicles, and other in-game assets, all represented as NFTs. Each transaction on this marketplace contributes to the overall transaction volume on Polygon PoS.\nDynamic Pricing: With our algorithm that increases the cost of tracks and characters after each sale, players are incentivized to engage in frequent transactions to either secure early deals or capitalize on rising prices.\nMicrotransactions and Upgrades:\n\nFrequent Microtransactions: Players can make small purchases for in-game upgrades, such as enhancements to their vehicles or cosmetic items for their characters. These frequent microtransactions add up to a significant volume over time.\nLeveling System: As players progress through the game, they are encouraged to upgrade their assets to stay competitive, driving consistent transaction activity.\n2. Events and Tournaments to Boost Activity:\nRegular Competitions:\n\nWeekly Tournaments: By hosting weekly tournaments with attractive rewards, motoDEX will draw players to participate, driving up both the number of daily active addresses and the volume of transactions as players pay entry fees, purchase upgrades, and trade assets in preparation.\nSpecial Events: Special events, such as limited-time races or themed competitions, will create spikes in user activity and transaction volume, particularly as players rush to acquire exclusive items or qualify for high-stakes races.\nReward Distribution:\n\nPlay-to-Earn Rewards: Players earn rewards in the form of tokens or NFTs for participating in races and completing challenges. The process of distributing and redeeming these rewards will contribute to the overall transaction volume on Polygon.\n3. Marketing and User Acquisition Campaigns:\nReferral Programs and Incentives:\n\nGrowth via Referrals: Our referral program, where users earn rewards for bringing new players into the game, will not only increase DAA but also drive transaction volumes as new users engage with the platform.\nAirdrops and Giveaways: Regular NFT airdrops and token giveaways to active players will encourage continuous engagement and transactions as players trade or upgrade their rewards.\nPartnerships and Cross-Promotions:\n\nCollaboration with Other Projects: Partnering with other Polygon-based projects or popular NFT collections can introduce new users to motoDEX, further increasing the DAA and transaction volume as these users interact with the game\u2019s economy.\n4. Expected DAA and Transaction Volume Estimates:\nInitial 30 Days:\n\nDAA Growth: In the first 30 days, we anticipate a rapid growth phase driven by our marketing campaigns, referral programs, and the initial excitement around the game\u2019s launch. We estimate achieving a DAA of 5,000 to 10,000 within the first month.\nTransaction Volume: With the combination of marketplace activity, microtransactions, and event participation, we expect the transaction volume to reach approximately 50,000 to 100,000 transactions in the first 30 days.\nFollowing 30 Days:\n\nSustained and Growing Activity: As more players become engaged and new features or events are introduced, we expect the DAA to stabilize and gradually increase to around 15,000 to 20,000 by the end of the 60-day period.\nIncreased Transaction Volume: As the player base grows and more in-game items are bought, sold, and traded, the transaction volume is expected to grow to around 150,000 to 250,000 transactions over the next 30 days.", "hidden": true, "question": "Describe how your project will increase DAA and transaction volume on Polygon PoS.  Provide estimates on the expected volumes over the next 60 days.", "questionId": 9}, {"type": "paragraph", "answer": "https://docs.openbisea.com/dexstudio/games/motodex-casual-game", "hidden": true, "question": "If applicable, describe any existing user base, partnerships, or traction your project has achieved. Include metrics if available.", "questionId": 10}, {"type": "dropdown", "answer": "Yes", "hidden": true, "question": "Do you understand and agree to complete Gitcoin's KYC process before processing payments?  All grantees receiving more than $15K will be required to complete KYC/KYB.", "questionId": 11}], "project": {"id": "0x36a8bf24063b35deca45c42aa2c14d9e0be8c0bf1ba0434e644e9c964309e213", "title": "Motodex", "logoImg": "bafkreibjwr5mbdeauo5xep4him7dfkp3fpsyq7qqrwc3ccgdqkkjlqxbwe", "metaPtr": {"pointer": "bafkreigfkeyyaxexhzv6n654wkdtpnsw5mpgrqt3srigjtigk5dyp76omu", "protocol": "undefined"}, "website": "https://motodex.openbisea.com/", "createdAt": 1724939934061, "userGithub": "oleksiivinogradov", "credentials": {}, "description": "\ud83c\udfcd\ufe0fmotoDEX is a project that is developing by leaps and bounds. The game has made a splash in the NFT market due to the following obvious advantages:\n\nJust select a character and start the easy-to-follow gameplay. A simple plot combined with the drive of high-speed racing and colorful locations will attract fans of the classic genre of racing simulators to their screens.\n\nProtecting financial transactions using smart contacts. The algorithm automatically transmits, tracks and updates data on funds that are pending with players. Refusal of the human factor when using modern technologies guarantees honesty and transparency of payments. Fair discrimination. Automatic price increases for new characters provide innovative motoDEX buyers with smart benefits at the contract level. The project guarantees investors who entered the game at the start of the project an advantage in monetizing their game progress.\n\nA gaming economy that stimulates rising prices for NFT objects. The algorithm\u2019s condition for increasing the cost of tracks and characters after each new sale ensures a stable increase in the cost of in-game items.\n\nHigh liquidity with the possibility of obtaining excess profits. At the start of the project, players have a chance to increase their investment in the gameplay.\n\n", "lastUpdated": 0, "projectTwitter": "openbisea"}, "recipient": "0x5FC7D40b4D3fe14E29bF0dd762Cb4297605ab1d4"}}