Name of Project / DAO / Company
Galaxii
Application type
Grant
Proposal overview
Hello! Galaxii is a video platform that incentivizes our users with crypto, instead of likes, users will earn crypto currency as a way to monetize their content. Nowadays, YouTube and Facebook take a large cut from advertising and leave the content creators with what’s ever left. We want empower the content creators to earn while they create.
We have forked from Dtube, a video platform that was connected to the STEEM social media network, but their idea has dwindled away from bad management. We need to make some improvements such implementing our own native token and small upgrades to increase UI. Working with Harmony One team would be a dream come true and will help us with the next blockchain initiative… social blockchain projects. We will be launching our token on Harmony One blockchain soon. Beyond just rewarding users with our token, Harmony is cross chain compatible, so we could drive adoption via other blockchains where users can earn ETH, SOL, ADA and any other tokens they want. I believe that this would help us gain exposure to other blockchain communities. Also, I would like to have users be able to sell videos via NFT marketplace within Galaxii. Users would be able to buy content from influencers and start earning tokens for the popularity of the video. I would love to add live streaming to the platform to increase engagement.
I am currently working on this with high skilled blockchain devs on this project and I will continue to keep working on Galaxii whether we are able to receive an investment or not.
What stage of the product or idea are you (and your team) at? Is it live on Harmony and/or another chain?
The project is live but on Dtube chain and Steem. I am in the process from moving away from Dtube to make the network more efficient and to implement our own native tokens.
How many active users do you currently have, or aim to acquire?
We are still in early stages of project and haven’t done marketing. We hope to acquire 10,000 users then move to 100,000.
How much funding do you need?
We are asking for $50,000 to increase UI/UX if platform, to help create a video NFT marketplace where content creators can sell their videos, and to launch / add liquidity to native token built on Harmony. The investment would also go to marketing Galaxii and adding social influencers to the platform.
What are your milestones?
I hope to launch our native token end of this year along with 1,000 users.
What help do you need, or what gaps are there in your team?
We have highly skilled blockchain developers working for Galaxii, but I could use some support financially so we can move the project at faster rate.
Proposal ask
$50,000
Metrics for success
For social media, number of users is connected to success but also number of content creators. The amount of token holders would be a measure of success for us too as it indicates a positive outlook for their future of our project.
