ARCADE: Multi-chain GameFi Asset Management and Launch Marketplace

Funding Proposals Grants
1

Name of Project / DAO / Company

ARCADE

Application type

Product Launch

Proposal overview

The ARCADE protocol aims to provide a single platform to invest in and hold custody of GameFi NFTs across multiple blockchains while allowing GameFi NFT owners to achieve greater access and returns on their NFT Assets via Fractionalisation, Automated Rental, Automated Sale, Vault Staking and IGO launchpad similar to GameFi.org and YGG Vaults

Our vision is to allow anyone with $10 in their wallet to own and earn from GameFi games safely and securely.

We solve the following problems for our Users:

  • GameFi NFTs becoming very expensive and inaccessible due to rapid price increases
  • Difficulty in buying and selling of GameFi NFTs due to inconsistent experiences across Blockchain games
  • Difficulty in maximizing GameFi yield due to lack of time or technical skills

The ARCADE ecosystem includes:

  • A Launchpad that allows users early access to GameFi IGOs
  • GameFi Vaults that allow access to passive investment in yield guilds or structured funds that invest in a diversified basket of GameFi projects
  • A Multi-blockchain Marketplace with fractionalisation for GameFi NFTs
  • Automation-layer allowing users to automate buying, selling, renting and repetitive NFT tasks which gives non-technical users access to automation for their GameFi investments

Why the Harmony Blockchain?

  • Harmony’s multi-blockchain vision aligns with our vision to offer a unified GameFi experience
  • Harmony’s low transaction fees and fast finality align with our vision to deliver the smooth realtime experience that our users expect
  • We just like the vibe of the community

What gaps do we fill in the Harmony ecosystem?

  • There is no dedicated launchpad for GameFi projects that provides a first class user-experience that gamers understand.
  • There is no single unified interface where gamers are able to track their game assets across blockchains.
  • There are no GameFi Vault protocols
  • There are no GameFi fractionalization nor yield optimization automation protocols

Roadmap

  • v0 (December 2021)

    • Discord
    • Twitter
    • White paper
    • Website

  • v0.5 (January 2022)

    • Token IDO
    • Single staking of tokens to earn token rewards
    • Airdrop ARCADE tokens to Community

  • v1.0 (February 2022)

    • IGO Launch platform

  • v1.5 (April 2022)

    • Auto-compounding vaults
    • GameFi investment vaults

  • v2.0 (July 2022)

    • Marketplace for Harmony GameFi Assets

  • v2.5 (September 2022)

    • DAO Governance
    • Community-driven development initiatives, grants and bounties

  • v3.0 (November 2022)

    • Cross-chain functionality in Ethereum Virtual Machine (EVM) compatible networks

  • v3.5 (February 2023)

    • Asset Management & Automation platform for select games

  • v4.0 (May 2023)

    • Fiat Gateways
    • IOS App
    • Android App

  • v4.5 (September 2023)

    • Crosschain functionality in non EVM networks

Team

Player 1

Player 1 brings with him 10 years of experience as a founder of a firm constructing high-end entertainment spaces in the physical world. In the Metaverse, he co-founded a hardware startup to create the perfect space for gamers to thrive in. Previously working as a tech analyst for a systems integration firm, he has experience developing software systems for telecommunications firms. His role in ARCADE is to drive the vision of ARCADE to allow anyone with $10 in their wallet to own and earn from GameFi games safely and securely.

Player 2

Player 2 brings with him more than 15 years of corporate and commercial experience in financial services, distribution and retail. His role in ARCADE is to drive high value partnerships and onboarding of our eco-system stakeholders and partners.

Player 3

Player 3 has worked as the Chief Technology Officer of a high growth startup firm. His goal is to scale and run startups with optimal technology and max efficiency. On the side, he is also startup mentor for 500 Startups. His role in ARCADE is to deliver on the technological promises of the ARCADE platform.

Player 4

Player 4 has more than 15 years of experience in operational finance and investment in both corporate and private equity funds in Asia and Europe. Player 4 actively teaches entrepreneurship to MBA students. His role in ARCADE is to ensure that ARCADE’s tokenomics and financial incentives are fully aligned with our vision.

Player 5

Player 5 has over 10 years of extensive experience in designing and developing new generation fintech systems. Player 5 has developed backends for decentralized exchanges, auction platforms, gambling systems, financial marketplace and complex trading bot systems. His role in ARCADE is to work side by side with Player 2 to achieve our promises to our users.

Proposal ask

We are requesting $50,000 in $ONE in order to support our initial launch plans.

Metrics for success

Launchpad

  • 1 Fully Subscribed Game IGO per week

Vaults

  • TVL: $50 million

Marketplace

  • Volume: $500,000 per day

Automation

  • Daily Fees > $5,000
2 Likes
2

Thanks for the proposal.

Unfortunately, your proposal is not ready for a Launch grant based on the guidelines at Apply for Grants or DAO due to the following reasons:

Applications of each launch must have prototyped a feature-full product. Harmony helps incubate these founding teams with product development, fundraising, and talent recruit. We recommend a $50K equity-free contribution each:

$10K after launching a feature-complete product on our testnet
$10K after forming a DAO with 5-out-of-9 multisig with our DAOs
$10K after launching on our mainnet with audit
$10K after 1K daily active users (with launch video, full PR promotion)
$10K after 10k daily active users (with a detailed roadmap, governance process)

You should at the very least be able to demonstrate some initial traction. This could be in the form of your community-building efforts and include social links etc.

I will leave the proposal open for a little while longer to give you a chance to respond or provide additional info. Else, you can try again once you’ve made some progress on the project.

Thanks.

3

Thanks for the response. We are preparing the launch right now.

Will come back here when we have some progress.

4

closing this for now. Please create a new proposal when ready.