Name of Project / DAO / Company
Application type
Grant
Proposal overview
Metacrypt is a set of decentralized services built entirely on-chain and available for everyone, both as a Dapp and via on-chain interfaces. We have already launched a small set of these services for Ethereum, Binance Smart Chain and Polygon with incredible support from the community. We would like to include Harmony One in the set of blockchains for our November release.
Metacrypt includes services which are critical to any blockchain, and especially things that Ethereum has enjoyed for a very long time. This includes token creators, NFT creators. tools for tokens and liquidity as well as helpers like IPFS tools and APIs for each of these services. We will also have a Launchpad for new projects and tokens as well as a multi-chain bridge for transfer of assets. Additional details around each of the services will be available closer to the release date.
We will be partnering with other DEXs, bridges and service providers in the ETH & BSC to integrate with the Metacrypt platform to bring their services to all of our supported chains.
This funding will be used to develop and maintain all of Metacrypt suite of services for the Harmony blockchain, and continue developing new tools for the same.
Timelines we are currently targeting
Metacrypt Platform: Nov 2021
Metacrypt Launchpad: Jan 2022
Zero-Trust Multi-Chain Bridge: Feb 2022
(Full developer access to each platform will be opened 2 weeks post release)
Current state of the project
Some of the products from the set were originally launched individually in June 2021, which garnered massive interest to a point that we had to take one of the products down due to insufficient resources to scale it. We later decided to make it into a separate product for an exclusive set of customers which prove to be an exceptionally good strategy to continue improving on it while keeping it available for an external customer set.
Now with more focus on building a cohesive ecosystem, we are building the platform from the ground up with a lot more features and ability to scale indefinitely. Currently on-track to release the platform in Nov 2021.
All public products combined currently have 5.4K users, and including all private offerings bumps the users to 10.9K. We have another 3K users that have shown interest in the platform but have currently not been granted access.
Gaps
Our team is heavily focused on the tech aspects of crypto with limited marketing and outreach capability. So far we’ve only been able to close tech focused partnerships but we’d ideally like to expand the team and focus more on direct consumers in the near future.
Proposal ask
$100K
Metrics for success
20K+ users
$1M+ generated value
20+ dev projects
10K+ interactions
(all items specific to the launched platform, excluding any existing users)