[Rejected] New Proposal: Mini Utopia

Name of Project / DAO / Company

Mini Utopia

Application type

NFT ecosystem

Proposal overview

Mini Utopia is an NFT Eco-System.
It provides first-of-its-kind benefits to both owners and the community voters.
It’s the first and only platform designed to use a Voting System to Determine the Price of an NFT Not the Creators determining the price. This virtually eliminates the risk of impermanent loss to NFT Buyers.
For voters, Mini Utopia is the only DeFi protocol that can allow Voters to earn Incentives for participating in the ecosystem which lowers liquidation risk…

We are requesting $40K in equity-free contribution: $10K after launching the token , $10K after mainnet launch, $10K after forming a DAO for our community, and $10K for after 10K users. As well as funding, we are looking for Harmony’s help with product development, fundraising, and talent recruit.

We are a team of 1 developers and 1 designer and we are confident that our project, combined with Harmony’s fast and cost-effective ecosystem will be a huge success and very popular among the Harmony community.

Our milestones are:

  • Weeks 1-3: token contract complete and deployed onto mainnet
  • Weeks 3-5: Give access to IOTEX community to give feedback
  • Weeks: 5-6: Deploy to mainnet and ramp up marketing efforts
  • First month after launch: Form DAO
  • Second month: Acquire 10k new users

Proposal ask

$40k

Metrics for success

10k users and $1m in transactions in the first 3 months

Website

miniutopia.co

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=== Please add Milestone Reports below ===

@Miniutopiatoken this is an amazing one, thanks for applying! Do you mind attaching certain metrics to each of the milestones, e.g.,
milestone 1:

  • Duration: 4 weeks
  • Deliverables: xxx
  • Metrics: 1000 active monthly users

Alright then

Milestone 1

Duration 2weeks
Deliverables yes
Metrics token launch and distribution to the early community

Milestone 2
Duration 1weeks
Deliverables yes
Metrics launching on mainnet

Milestone 3
Duration 3weeks
Deliverables yes
Metrics becoming fully decentralised (Dao)

Milestone 4
Duration 4weeks
Deliverables yes
Metrics after 10k users