Droppr is building a community-owned Bitcoin-Native NFT marketplace. The Droppr Marketplace will be a high profile, project designed and developed by veteran cryptographers, cyber-security leaders, blockchain technologists and high-performance app developers. We would like to build on the Rarible Protocol and offer early tokens and ongoing revenue opportunities for supporting early growth.
Bitcoin users do not currently have the infrastructure for engaging with NFTs at a level blockchain users are used to. We will implement The Rarible Protocol on RSK to extend protocol adoption and establish Droppr as the a community owned and opperated NFT marketplace of Bitcoin.
Funding Milestones and Payments:
Droppr will build in several Phases and requests funding on delivery of milestones. We propose the following milestones.
- Phase 1 - Design Phase - $10k USD
- Deliverable: Develop Technical Design around integration of Rarible on RSK and build Roadmap.
- Due date: Nov 23, 2021
- Phase 2 - Token Generation Event - $20k USD
- Deliverable: Token will be issued by Origins Protocol based on Tokenomics.
- Due date: Nov 30th, 2021
- Phase 3 - Demo - $10k USD-
- Deliverable: Demo of Rariable protocol on on RSK testnet with Droppr demo frontend.
- Due date: January 10th, 2022
- Phase 4 - Launch - $20k USD
- Deliverable: Public platform launch
- Due Date: Feb 20th, 2022
Total payment: $60k USD.
Payments will be made to the following Address:
We will consider ourselves independent contractors of the Rarible DAO and will report taxes accordingly. Forms W8-BEN and W9 will be filled out accordingly before funds get distributed to our team.
Use of funds
Funds will be used to hire a designer, and front end developer. The funds will also be used for governance and Rari long term staking.
Droppr will raise money through a Token Launch and implement a fee for the sale of curated NFTs. Protocol fees will be split between Droppr DAO, governance stakers, and Rarible Protocol. We will operate in a decentralized manner using token staking for governance.
- Michael Parenti - exiledsurfer - Sovyrn
- penguin Heilman - c0mput3rxz - NTFA
- Dave Appleton - AppletonDave - EtherCards
- John Shebin - Shebitweet - Origins Protocol
- Kay Gertler - geleeroyale - Interspace
The contact person for this project is penguin Heilman.
Contact information for penguin is firstname.lastname@example.org and their discord is penguin#5853.
The Interspace team has been hosting virtual events and build web3 infrastructure for several years. Sovyrn has lead adoption and development on the RSK network by building native Defi protocol created for the RSK network and promoting development of key infrastructure.
Our project will attend weekly community calls, and provide updates on our milestones as we make progress. In the event that we can’t fulfill our commitment, funds will be returned to Rarible DAO. We will also work with community members to ensure updates are distributed through the Rarible communication channels.
Why should Rarible DAO fund this?
Droppr would like to offer Rarible DAO a portion of tokens (111,111.11) earmarked for early adoption to signal alignment and give Rarible long term incentive in the success of the Droppr platform. We will drive adoption of The Rarible Protocol and promote Rarible Protocol as the standard in open source software for NFT Marketplaces. All of our software will be open source software released under MIT license. Droppr Platform is a well aligned organization that believes in community first, building an NFT marketplace to drive adoption to the largest crypto market, Bitcoin, and need your support.
Useful Links & Media
Link to current live RSK Defi platform: https://live.sovryn.app/