metadata: {"signature": "0x4f373e67ad7bf5e104ec8cdf685d51d103ba5e707aec9e5c3d5c3ac380e4671a7072027382e573f590fe5b5858c160700b2a6dca0b2574f0ee52d198e3c7d4771b", "application": {"round": "0x6142eedc06d80f3b362ce43b4ac52fad679dc850", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "7W+0v91efYwf4GNmOtItXcFBQu91bugjWJJPYbs2dkM/uj/r7Lbb3wvQmsY3S2ts", "encryptedSymmetricKey": "96ab2e77228c90710cda9b563e2af525c38e20c1b2f4eaa67e7f580c52a85d8a8510e75239d2259ccf45e74737cf000487c2bf3c1f1fdf7ddecfbe1ad9c81a4397f0703def8083aa38defc89f7abc34e416e373ea0298e6fa49c62a9c20357a7f8e5d5a06a1ae31751b6b6e9efd4b22d0ab5e89d0106b17b0178b5df13325b090000000000000020a0ad9b50de6cb93f56c505192c4e8d63bf314f0fbb56ce9bff575b2fc8bf71ac8951f4b32058489dd0016679f6437389"}}, {"type": "paragraph", "answer": "Certainly! Below is an example of how you might structure the application detail for the grant application, focusing on key aspects of the project and its implications:\n\nApplication Detail\n\nProject Summary:\nLimelight is innovating within the music industry by integrating blockchain technology to create a novel platform for music discovery and artist empowerment. Our project introduces a groundbreaking approach by developing artist-specific tokens, which will be used to engage fans and monetize artist interactions directly within the platform. These tokens will be integrated into the Uniswap platform on the Arbitrum network, ensuring efficient and secure transactions.\n\nTechnical Approach:\nWe will utilize Ethereum-compatible smart contracts to create and manage artist-specific tokens, each representing a stake in an artist's streaming metrics and fan engagement. These tokens will be paired against Limelight\u2019s native token, $LMLT, in unique liquidity pools hosted on Uniswap. Real-time data for token valuation will be fetched using Chainlink oracles, guaranteeing accuracy and transparency in token metrics.\n\nMarket Fit and Strategy:\nLimelight targets a dual audience of music fans and crypto enthusiasts, offering an engaging way to support and interact with artists directly. Starting in major music hubs like New York and Toronto, we plan to capture a diverse user base, leveraging local events and social media for marketing. Subsequent expansions will focus on Latin American markets and Nashville, enhancing our global footprint and user diversity.\n\nInnovation and Impact:\nThe project is set to revolutionize how artists are supported financially and how fans interact with them. By creating a decentralized financial ecosystem around music, Limelight will increase artists' earnings potential while offering fans a more impactful way to support their favorite artists. Additionally, the integration with Uniswap on Arbitrum will bring increased liquidity, trading volume, and user engagement to the platform, benefiting the broader crypto and music industries.\n\nGoals and Objectives:\n\n    Develop and integrate a token economy within the music industry.\n    Establish Limelight as a leader in blockchain-based music platforms.\n    Expand user base and transaction volume through strategic market deployments.\n    Strengthen the link between crypto investments and tangible artist metrics.\n\nFuture Vision:\nUpon successful implementation, Limelight aims to set a new standard for artist-fan interactions and financial transactions within the music industry, paving the way for further innovations in combining technology with creative industries.", "hidden": false, "question": "Application detail", "questionId": 1}, {"type": "number", "answer": "250000", "hidden": true, "question": "Amount requested (in $)", "questionId": 2}, {"type": "dropdown", "answer": "ARB", "hidden": true, "question": "Payout token", "questionId": 3}, {"type": "short-answer", "answer": "The requested funding of $250,000 is meticulously calculated based on the projected costs required to develop, integrate, and launch the nested token system within Limelight. This includes technical development, liquidity pool setup, Chainlink oracle integration, and comprehensive marketing initiatives to ensure successful adoption and operation. Each expenditure directly aligns with our strategic goals to enhance platform functionality and expand our blockchain capabilities, ensuring each dollar is accounted for and is towards scalable, impactful deliverables.", "hidden": true, "question": "How do you account for this fund request?", "questionId": 4}, {"type": "paragraph", "answer": "The total fund of $250,000 will be allocated across three main areas to ensure the successful development and launch of the ARTIST/LMLT pairs on Uniswap within the Arbitrum ecosystem:\n\n    Development and Chainlink Integration (50% - $125,000):\n        Smart Contract Development: Programming and deploying smart contracts for bonding and trading artist tokens.\n        Chainlink Oracle Integration: Setup and integration of Chainlink oracles to fetch real-time streaming metrics for accurate token valuation.\n        Technical Staff: Salaries for developers and blockchain specialists involved in the project.\n\n    Liquidity Pools and Uniswap Integration (30% - $75,000):\n        Liquidity Provisioning: Initial funding to provide liquidity for each artist token pair created on Uniswap.\n        Liquidity Management Tools: Development of tools to manage and optimize liquidity pool performance and security.\n\n    Marketing and User Acquisition (20% - $50,000):\n        Marketing Campaigns: Comprehensive marketing strategies including digital ads, content marketing, and community events to educate and attract new users.\n        Community Engagement: Initiatives designed to increase user interaction and feedback through testnet phases.\n        Promotional Activities: Collaboration with artists to promote their participation and use of the token system within their fanbases.", "hidden": false, "question": "How will you use these funds? Please make a detailed plan for expenditures.", "questionId": 5}, {"type": "dropdown", "answer": "Uniswap on Arbitrum Ecosystem tools or products", "hidden": false, "question": "Which RFP is this project covering? ", "questionId": 6}, {"type": "short-answer", "answer": "The Limelight project integrates seamlessly with Uniswap by leveraging its decentralized trading protocols to facilitate the exchange of artist-specific tokens against Limelight\u2019s native token ($LMLT). This utilization of Uniswap\u2019s platform for creating individual ARTIST/LMLT pairs not only aligns with Uniswap's core function of providing liquidity and enabling token swaps but also extends its reach into the burgeoning sector of music and entertainment. By tapping into the unique market of music fans and blockchain enthusiasts, Limelight drives increased usage and visibility of Uniswap\u2019s services within a novel industry vertical.", "hidden": false, "question": "How do you think this project fits in with Uniswap?", "questionId": 7}, {"type": "paragraph", "answer": "The integration of Limelight with Uniswap on the Arbitrum ecosystem offers several key benefits:\n\n    Increased Transaction Volume: By creating unique liquidity pools for artist tokens, Limelight will significantly increase the number and diversity of transactions processed through Uniswap.\n    Enhanced Liquidity: As users bond and trade artist-specific tokens, this will enhance overall liquidity on Uniswap, making the platform more robust and efficient.\n    New User Acquisition: Limelight\u2019s artist tokens will attract a new demographic of users\u2014artists and music fans\u2014who may not yet be engaged with decentralized finance. This expands Uniswap's user base and increases platform engagement.\n    Innovative Use Cases: Limelight introduces a novel use case for token swaps and liquidity on Uniswap, showcasing its versatility and adaptability to different markets, which can inspire further innovation and usage scenarios within the blockchain community.", "hidden": false, "question": "What benefits will this project bring to Uniswap in the Arbitrum ecosystem?", "questionId": 8}, {"type": "short-answer", "answer": "The project has not yet undergone a security audit. However, ensuring the security and integrity of our platform is paramount. We are planning to engage reputable blockchain security firms to conduct a comprehensive audit of our smart contracts and related infrastructure. The security audit is scheduled to take place prior to our testnet launch, ensuring any vulnerabilities are identified and rectified. This proactive approach guarantees that our integration with Uniswap is secure and reliable, maintaining the high standards expected by both our users and the broader blockchain community.", "hidden": true, "question": "Has this project undergone a security audit? If not, are you planning to undergo it?", "questionId": 9}, {"type": "short-answer", "answer": "It is not open source at the moment, but it will be. ", "hidden": false, "question": "Is this project open-source? (If yes, share the repository link).", "questionId": 10}, {"type": "paragraph", "answer": "Development Practices\n\n    Continuous Integration/Continuous Deployment (CI/CD): We utilize CI/CD pipelines to automate testing and deployment processes. This enables frequent and reliable code updates, which helps minimize the risk of human error during deployment.\n\nTools and Technologies\n\n    Version Control: Git is our choice for version control, with repositories hosted on GitHub. This setup also facilitates collaboration and project tracking.\n    Project Management: Tools such as Jira and Asana are employed to manage tasks, track progress, and coordinate team activities effectively.\n    Communication: We use Slack for daily updates and coordination, along with Zoom for more detailed discussions and planning sessions.\n\nProgramming Languages and Frameworks\n\n    Solidity: The core blockchain interactions, particularly smart contracts for the token bonding and trading functionalities, are developed in Solidity.\n    Chainlink: We integrate Chainlink oracles to fetch real-time, reliable data feeds for artist streaming metrics.\n    JavaScript/TypeScript: These are used for developing the front-end interfaces, with robust support for asynchronous operations and interactions with the blockchain.\n    Web3.js/Ethers.js: These libraries facilitate interactions with the Ethereum blockchain, handling transactions and smart contract operations from the web applications.\n    Thirdweb: This is leveraged for rapid smart contract deployment and management, simplifying blockchain interactions and reducing development time.\n    Next.js: Our choice for building the user interface, utilizing its server-side rendering capabilities for a faster, SEO-friendly, and scalable application.\n    Vercel: For hosting and deploying our Next.js application, ensuring optimal performance and seamless scalability in production.\n\nTesting\n\n    Unit Testing and Integration Testing: We use Mocha and Chai for JavaScript testing, along with Truffle for Solidity, to ensure all components function correctly individually and when integrated.\n    Stress Testing on Testnet: Before launching on the mainnet, we deploy the system on the Arbitrum testnet. Here, we conduct extensive stress tests to simulate high-traffic conditions to ensure the platform's robust performance under stress.", "hidden": true, "question": "What is the workflow chosen for this project? (You can mention development practices, tools, programming languages, etc.)", "questionId": 11}, {"type": "short-answer", "answer": "https://apps.apple.com/ca/app/limelight-music/id1499225512", "hidden": true, "question": "Does this project have a demo? If yes, share a public link.", "questionId": 12}, {"type": "short-answer", "answer": "Target Audience: Limelight targets a diverse group of users, primarily composed of:      Music Artists: Both emerging and established artists looking for innovative ways to monetize their work and engage with their audience.     Music Fans: Individuals seeking a deeper, more interactive music discovery experience, particularly those who support direct artist engagement.     Crypto Enthusiasts: Users within the cryptocurrency community interested in new applications of blockchain technology that merge decentralized finance (DeFi) with the creative industries, such as music.  Market Launch Plan: Limelight\u2019s launch strategy is designed to maximize impact by focusing on key cultural and musical hubs, strategically expanding based on existing user base demographics and market potential:      Phase 1 - New York: We will launch Limelight initially in New York City, where the majority of our current user base resides. This city is a critical hub for music and technological innovation and offers a robust base of tech-savvy music fans and a diverse array of artists across various genres. By starting in New York, we leverage our existing user base to gain momentum, facilitating smoother initial engagement and quicker feedback loops for platform enhancements.      Phase 2 - Toronto: Following a successful launch in New York, the platform will expand to Toronto, another major North American city known for its vibrant music scene and technological innovation. Toronto's culturally diverse population makes it an ideal second market, allowing us to refine our approach before expanding to more varied markets.      Phase 3 - Latin American Markets: As our platform gains traction in North America, we will target Latin American markets, known for their passionate music fans and growing interest in blockchain technology. This expansion will cater to a significant demographic interested in Latin genres, increasing the platform's diversity and reach.      Phase 4 - Nashville: Targeting Nashville will specifically cater to the country music genre, tapping into a dedicated and influential market within the music industry located in the heart of country music.  Each phase will be supported by localized marketing campaigns, strategic partnerships with music venues and artists, and community events designed to build visibility and engagement. The use of social media influencers and collaborations with established music platforms will also play a crucial role in enhancing user interaction and adoption in each target market.  This phased, strategic approach ensures that Limelight effectively reaches its intended audience, leveraging strong local presences and gradually expanding to encompass a global market.", "hidden": true, "question": "What is the target audience for this project? (Mention if there is a market launch plan).", "questionId": 13}, {"type": "paragraph", "answer": "Bilal, Will, Eli, Charlie. ", "hidden": false, "question": "Who are the members of the team?", "questionId": 14}, {"type": "paragraph", "answer": "Bilal Khalid - CEO/Founder: Bilal brings over a decade of experience in music tech and blockchain development. He has spearheaded several successful startups, merging technology with user-centric design in the music industry. For this project, Bilal is responsible for overall strategy, leadership, and ensuring alignment with the project's long-term goals.\n\nEli Cavan - Data Scientist: Eli specializes in machine learning and AI, with a focus on predictive analytics in media consumption. His work has led to significant advancements in personalized user experiences. In this project, Eli leads the data analytics and algorithm development to refine music recommendation systems.\n\nWill - Chief Technology Officer: Will has extensive experience in blockchain technology and smart contract development. He has previously led tech teams in developing secure and scalable blockchain applications. For Limelight, Will oversees all technical development, including blockchain integration and smart contract security.\n\nCharlie Walk - Advisor: Charlie brings vast experience from the music industry, having worked with top record labels and artists. His insights are crucial for strategic decisions, particularly in artist relations and market penetration strategies. Charlie provides guidance on industry trends and partnership opportunities.", "hidden": true, "question": "Describe team members' experience and current roles for this project.", "questionId": 15}, {"type": "paragraph", "answer": "Milestone 1: Development of Token System and Chainlink Integration\n\n    Timeline: Q1-Q2 2024\n    Deliverables: Complete smart contract development for artist-specific tokens and integrate Chainlink oracles for real-time data.\n    Supervision and Tracking: Progress will be monitored through bi-weekly sprints, with updates reviewed in team meetings. The use of a project management tool (Jira) will ensure tasks are completed on schedule.\n\nMilestone 2: Testnet Launch and User Feedback\n\n    Timeline: Q3 2024\n    Deliverables: Deploy the system on testnet, begin user testing, and collect feedback for iterative improvements.\n    Supervision and Tracking: User engagement and feedback will be systematically collected and analyzed. Regular testing reports will be discussed during team calls, and adjustments will be planned and tracked through our project management system.\n\nMilestone 3: Mainnet Launch and Marketing Rollout\n\n    Timeline: Q4 2024\n    Deliverables: Officially launch the platform on the mainnet and initiate a comprehensive marketing campaign.\n    Supervision and Tracking: Marketing effectiveness will be tracked via analytics tools, with KPIs reviewed weekly. Technical performance will continue to be monitored through system audits and user feedback loops.", "hidden": false, "question": "What are the Project Milestones? (Be very specific and write a roadmap highlighting critical deliverables of the project; mention how you will ensure to supervise and track them).", "questionId": 16}, {"type": "paragraph", "answer": "The feasibility of reaching these milestones is underpinned by our team\u2019s expertise, strategic planning, and resource allocation. We plan to achieve these milestones through:\n\n    Technical Excellence: Leveraging our team's strong technical background in blockchain and AI to build a robust and scalable platform.\n    Strategic Partnerships: Collaborating with industry experts and technology partners to enhance our platform's capabilities and reach. These partnerships will provide additional resources and market access.\n    Community Engagement: Actively engaging with our user base through beta programs and feedback sessions to refine the platform according to real user needs.\n    Financial Planning: Ensuring that financial resources are allocated efficiently, with a contingency plan in place to manage unforeseen costs or delays.\n    Marketing Strategy: Implementing a targeted marketing strategy that leverages both digital and traditional media to maximize reach and user acquisition.\n\nBy following this detailed and structured approach, we are confident in our ability to meet each milestone effectively and deliver a successful project that aligns with our strategic objectives and market needs.\n", "hidden": false, "question": "How do you plan to reach these milestones? (Explain the project feasibility).", "questionId": 17}, {"type": "multiple-choice", "answer": "No", "hidden": true, "question": "Has this project already been funded by other Grant Programs?", "questionId": 18}, {"type": "checkbox", "answer": ["I confirm."], "hidden": true, "question": "I confirm that I have read the Code of Conduct and that I have filled out this form correctly and truthfully.", "questionId": 19}, {"type": "checkbox", "answer": ["I understand."], "hidden": true, "question": "I understand that I will be required to provide KYC information by the UAGP team in case my application is accepted.", "questionId": 20}, {"type": "short-answer", "answer": "Google", "hidden": true, "question": "How did you find out about UAGP?", "questionId": 21}, {"type": "paragraph", "answer": "N/A", "hidden": true, "question": "Additional information", "questionId": 22}, {"type": "short-answer", "answer": "N/A", "hidden": true, "question": "Special requests", "questionId": 23}], "project": {"id": "0x4abcd8a9aa9698a57d31dafbeacab7569a5504c1fd077762537573317dcec214", "title": "Limelight Music", "logoImg": "bafkreigolfd5xqke4lluwhvvozc3futo26aekq7jed7p37yjpefhmsabvu", "metaPtr": {"pointer": "bafkreihpyh76kf23ir3bvhazak2gvpogkrb2btgd62eoakaepxi3ufg2c4", "protocol": "undefined"}, "website": "https://lmltmusic.com", "bannerImg": "bafkreidmbxdfh6mdvosbmhdtpztyqdoimquth3how5hu7ms24zy6gsonum", "createdAt": 1713632696284, "userGithub": "bizlal", "credentials": {"twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..2NFALq3VxOkyJ3IeKj15I1AtLuOAVeOszaRPVhBK_5UDlfYZnpkq_cAgXmCv6EumkT4Ra_TOu2luRX5WAcOCAg", "type": "Ed25519Signature2018", "created": "2024-04-20T17:04:35.824Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2024-04-20T17:04:35.824Z", "expirationDate": "2024-07-19T17:04:35.824Z", "credentialSubject": {"id": "did:pkh:eip155:1:0xfb4b62Cd980a7415c39df889aA1E0016D352AACc", "hash": "v0.0.0:X8gCtWU11ruWE6LZUJr8Egv0Q2GdQwm6jTGHMx7/g3s=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#lmltmusic"}}}, "description": "Overview\nLimelight is pioneering the fusion of music discovery with blockchain technology, creating the world\u2019s first location-based platform where artists and fans connect in revolutionary ways. Since its inception in 2019, Limelight has grown to over 30,000 users from 80 different countries and has facilitated the upload of more than 10,000 songs. As we transition towards fully decentralizing the platform, we are enhancing our integration of blockchain to empower artists and engage fans more dynamically.\n\nCurrent State of Limelight\nLimelight has been developing a robust platform leveraging location-based technology and AI-driven personalized music feeds. We are now taking a significant step forward by decentralizing our services to increase transparency and user governance. A key part of this evolution is introducing individual ARTIST/LMLT pairs on Uniswap, which will facilitate unique trading pairs for each artist\u2019s tokens against Limelight\u2019s native token ($LMLT), thus enhancing liquidity on the Arbitrum network.\n\nProject Details\n\nIntegration with Uniswap\nThis initiative aims to:\n\n    Establish a unique Uniswap pair for each artist participating in our platform, thus enhancing the liquidity and utility of both LMLT and the respective artist tokens.\n    Utilize Chainlink oracles to fetch accurate real-time streaming metrics to back the value of artist tokens, ensuring trustworthy and transparent token valuation.\n\nImpact on the Uniswap Arbitrum Ecosystem\nThe integration of Limelight's artist-specific tokens into Uniswap pools will:\n\n    Expand transaction volume and diversity, attracting a new user base from the music industry.\n    Enhance the overall utility and attractiveness of the Uniswap and Arbitrum networks through innovative use cases for tokenized assets.\n\nBudget and Funding Allocation\n\n    50% Development and Chainlink Integration: Development of smart contracts for individual artist token bonding and Chainlink oracle integration.\n    30% Liquidity Pools and Uniswap Integration: Resources for establishing and maintaining individual liquidity pools for each artist token.\n    20% Marketing and User Acquisition: Budget for promotional campaigns to attract and educate new users about Limelight\u2019s innovative nested token system.\n\nRequested Funding Amount\n$250,000\n\nTeam Members\n\n    Bilal Khalid: CEO/Founder - Leading blockchain integration and strategic development.\n    Eli Cavan: Data Scientist - Optimizing our AI-driven music recommendation engine.\n    Will: CTO - Managing technical development, specializing in blockchain and smart contracts.\n    Charlie Walk: Advisor - Providing strategic insights and industry expertise.\n\nProject Milestones and Roadmap\n\n    Q1-Q2 2024: Complete development of the nested token system with Chainlink integration for each artist.\n    Q3 2024: Implement and test each unique artist token pair on the testnet, gathering user feedback and conducting stress tests.\n    Q4 2024: Official launch on the mainnet, accompanied by a comprehensive marketing campaign to drive adoption and liquidity.", "lastUpdated": 0, "projectGithub": "lmlt-music", "projectTwitter": "lmltmusic"}, "recipient": "0x2ABc35EdA6D6CAB9695F89c558114E52aE4708BD"}}