Just Friends
Updated 169 days ago
6 Followers
Updated 169 days ago
- BUIDLs
- Grants
- Bounties
- Hackathons
- Ideas
- Live
Back Updated 169 days ago Updated 169 days agoVision
The vision for Just Friends is to build a platform that evolves alongside its community, adapting to the changing landscapes of digital content, social interaction, and monetization. By transitioning through C2C, B2C, and B2B models, Just Friends aspires to set new standards in the social finance domain, offering an unparalleled experience for users, creators, and businesses alike.
Description
For a more detailed insight into the project's framework and potential, refer to the Just Friends Whitepaper.
Just Friends is an innovative social finance application designed to transform the digital content landscape. This project, conceptualized for Klaymakers 23, challenges the traditional content posting cycle by integrating tokenization, financial principles, and game theory. The core idea revolves around using tokens to represent digital content and user interactions, such as upvoting and downvoting.
Approach:
- Tokenizing Digital Content: Content is represented through tokens, altering the conventional engagement metrics of digital platforms.
- Blending Finance with Game Theory: This strategy incentivizes quality content creation and honest user engagement, offering maximum benefits to loyal users.
Key Implementation Details:
- Tokenization Standard: Utilizing the ERC-1155 standard, the application focuses on tokenizing access rights rather than the content itself, addressing unique challenges in content monetization.
- Revolutionary Revenue Model: A dynamic pricing formula for posts, based on user purchases, addresses liquidity challenges and ensures fair compensation for content creators.
- Quality Assessment Mechanism: A unique system divides the platform into 'Paid' and 'Free' zones, facilitating a balanced content evaluation and user engagement.
- User Engagement and Loyalty Program: Users earn profits and privileges by supporting content creators, fostering a robust community-driven ecosystem.
Challenges and Solutions:
- Addressing liquidity issues and content creator compensation through innovative tokenization and pricing strategies.
- Balancing user interaction and quality assessment in a two-zone platform structure.
- Motivating user engagement through a comprehensive loyalty program.
Conclusion:
With its unique approach and potential for high user engagement, Just Friends stands out as a pioneering project in the realm of Social Finance Applications. The team behind this project believes in its capacity to revolutionize the way we interact with digital content, making it a compelling entry for Klaymakers 23.
Team Information
- Dat Le is a computer science graduate and a senior blockchain developer with extensive experience. He possesses a wide range of skills, including expertise in DeFi, blockchain wallet development, the Cosmos ecosystem, and IBC.
- Nhat Cao is a computer science graduate and a senior blockchain developer with a strong focus on smart contract development. His portfolio showcases various projects, including Account Abstraction and NFT Marketplace, which highlight his proficiency in this area.
- Dung Le graduated in computer science and is a talented frontend developer. With a keen interest in blockchain and a knack for research, Dung is well-versed in EVM and exhibits a genuine passion for pioneering blockchain products.
- Ngoc Anh is a computer science graduate and brings several years of valuable experience as a backend developer to the team. His skills in software development and backend systems are pivotal to our projects.
- Hoang Phong is a computer science graduate with an extensive background in frontend development. With a wealth of experience in crafting web and mobile applications, Hoang Phong plays a crucial role in delivering exceptional user experiences.
SInoLabs
@U_db18420c750327
Owner
Share