Project Name: Hitdex
Description / Main Use Case
Hitdex is a decentralized destination for fungible token swapping, digital collectible (NFT) trading, and participating in DeFi on the Polygon PoS and zkEVM blockchains.
Official Website: hitdex.com
Swap Module
Problem Statements
Token Swaps, Bridges & ETH Purchase Availability
There are minimal options for exchanges that offer ETH token swaps and cross-chain swaps (bridge) as an avenue to obtain ETH in the current Polygon and Immutable ecosystems. Simplified access to the ETH is essential for a thriving DeFi and NFT ecosystem and improving user experience.
NFT Marketplace
Finding NFT collectibles, whether old or new, is challenging as the categorization, collection search and filters on available marketplaces aren’t robust enough. Currently, collections & collectibles are segmented without proper categorization by collection type or child categories (Ex: NFT > Sports > Basketball > NBA Top Shot > {Sidebar filters}).
DAO Governance
Most companies operating on Polygon are entirely centralized, and their communities need more say in the direction of the platforms they use.
Evidence For The Need
- Lack of artists launching collections on the Polygon PoS and zkEVM due to poor discoverability on the currently available marketplaces.
- Lack of DAO and governance token opportunities for organizations with platforms supporting zkEVMs. There are minimal DAO governance opportunities in the zkEVM ecosystems because DeFi and governance tokens on the zkEVM chains are just beginning to sprout.
Proposed Solutions
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Token Exchange & Ethereum Fiat On-ramp/Off-ramp: Hitdex will utilize an automated market maker for the token exchange. Our users will trade with a pool of tokens rather than directly with other users. This will create a seamless experience where our users can purchase and sell Ethereum and other altcoins on our platform with little resistance by removing complex order book orders from the equation. Ideally, this implementation will have a fiat debit card payment option via a Coinbase Commerce integration to purchase ETH. We plan to build two swap modules, a Ethereum token swap feature that can execute ETH token swaps and a cross-chain swap module (bridge) that will enable our customers to swap crypto from mainnet and other chains to obtain ETH on one of our supported zkEVMs.
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NFT Marketplace: Hitdex’s marketplace offers improved discoverability for collectibles on Polygon PoS and zkEVM via a simplified approach to search via a category breakout and project grouping. Users on the Polygon PoS and zkEVM NFT marketplace can search for collectibles via categories such as PFPs, Art, Collectibles, Sports, Gaming, Music, Land, Domains, Trading Cards, Comics & Photography and then search/filter by artist, collection, or collectible attribute. On the Immutable zkEVM our categories will have more of a focus on the gaming ecosystem Immutable supports, so our category breakout there will be Virtual Items, Avatars, Sports, Trading Cards, Virtual Land, MMORPG, FPS, Fighting, Strategy, Adventure & Action.
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DAO Governance: After the initial platform launch, we will release a token and move toward a governance DAO to be one of the first companies to give our users the ability to collectively steer the platform and protocol in their chosen direction on the Polygon PoS and zkEVM.
Team
| Name | Role | Bio | Discord | ||
|---|---|---|---|---|---|
| Eric Dzengeleski | Developer, UI/UX Designer, and Product Manager | Eric has eight years of experience in product management and five years of experience in eCommerce web development and management. Bachelor’s Degree in Economics. | [email protected] | jingles#5201 |
Social Links
| Discord | YouTube | ||||
|---|---|---|---|---|---|
| View Twitter | Join Discord | View Facebook | View YouTube | View LinkedIn |
