Submission Date
December 20, 2021
Project Links
Website: www.upsidecomp.com
Twitter: www.twitter.com/upsidecomp
Project Description
Non-custodial, monetisable, on-chain, proveably fair, verifiable NFT giveaways built on Olympic Finance tokenomics
Amount requested
190,000 USD
Milestones
Milestone 1 - deploy testnet (January 2021)
For this milestone we will deploy our Alpha and begin testing with early providers and consultation of token incentive model:
• Deploy our contracts on Polygon.
• Deploy Pools UI for non-yield generating tokens (community tokens e.g. $BANK)
Budget $60K:
Funds will be used to:
• Compensate early founding team.
• Pay compute and storage costs.
• Incorporate an Australian company that is future proof and allows us to create a DAO.
• Tokenomics consultation.
• Source/Purchase NFT’s from well known influencers and communities
• Begin marketing through Twitter
Milestone 2 - deploy mainnet (Q1 2022)
For this milestone we will deploy our Beta, which includes the above, restructure for yield generating tokens, audits, marketing and DAO creation:
Budget $100K:
Funds will be used to:
• Compensate early founding team + compensate one more Front end developer.
• Pay for compute and storage costs.
• DAO incorporation fees
• Restructure Pools contracts for yield generating tokens (e.g. $USDC, $DAI)
• Contract Audit
• Source/Purchase NFT’s from well known influencers and communities
• Boost marketing through Twitter & Linkedin
Milestone 3 - Deploy token (Q3 2022)
We will deploy our token and begin liquidity providers incentive programs and marketing.
Budget $60K:
Funds will be used to:
• Compensation.
• Compute + storage costs.
• Launch token.
• Source/Purchase NFT’s from well known influencers and communities
• Boost marketing through Twitter & Linkedin