Name of Project
FavelART
Application type
Product Launch
Proposal overview
Favelas in Brazil are places culturally and artistically extremely rich in talent, but due to external problems, many of talented artists lack the recognition, education and infrastructure needed to boost their careers.
Following the ETH Rio Hackathon, where we were one of the winners, our team created FavelART to empower marginalized artists and give economic opportunity to them through Web 3.0 technologies.
FavelART is a marketplace focused on brazilian artists from marginalized communities, such as favelas, where they can seamlessly create and sell them digital arts via NFTs, meanwhile users can buy NFTs on our dedicated platform with low fees of 1% (For comparison, OpenSea charges 2.5%).
Moreover, we also offer free educational courses to teach these artists about Web 3.0 and its benefits.
We will accomplish our goal through:
Onboarding: provide blockchain educational courses to eliminate the technology barrier that prevents them from accessing Web 3.0 technologies
Art Digitalization: Provide them with the infrastructure to digitalize their art through NFT creation, as well as sell their arts via our marketplace.
We already have a Demo with a working NFT Creation page, and a Proof-of-Concept of our Marketplace, which we will conduct a more detailed design research before fully developing it.
Additionally, after our product is fully launched on Harmony mainnet, we will accomplish total decentralization via a DAO governed by artists and users through our governance token that will accrue value from the marketplace fees, achieving financial sustainability as well.
Team
Daniel Bezerra
Kalil Balech
André Thiessen
Marcelo Melo
We are sophomore engineering students at ITA, the top-ranked engineering school in Brazil. We were previously sponsored by Harmony to attend ETH Rio Hackathon as well.
Daniel Bezerra is also one of the founders of PadawanDAO, a DAO to help students to attend crypto conferences and hackathons through sponsorships.
Proposal ask
$50,000
Metrics for success
$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).
External links
Demo: FavelART
Github: GitHub - KalilBalech/hackathon-ethereum-rio
