Name of Project / DAO / Company
PaperHands / Paper Labs, LLC
Application type
Product Launch
Proposal overview
We are building the World’s First Paint-2-Earn NFT game, a simple play-to-earn game where one player draws what is indicated by the game, while other players attempt to guess what is being drawn. Those who guess correctly are rewarded our $PPR (DAO) tokens and in turn will have the chance to become the next “artist”.
We believe this will benefit the blockchain ecosystem by adding a cool, yet simple, NFT game that allows players to unleash their inner-child creativity. Additionally, we plan to support many communities around the world with our scholar mechanic. The scholar mechanic, will allow NFT owners to be able to rent/lease their NFT to other players who may not be able to financially afford the genesis collection and want to earn an income playing the game.
Goals of the proposal is to progress game development and build an effective marketing plan.
What stage of the product or idea are you (and your team) at? We are currently building a gameplay cinematic and working with a top notch game development studio. We have minted 30% of our collection and have a marketing game plan to take it to completion. We have a high level tokenomics firm ready to build out our ecosystem with stability mechanics in mind.
Is it live on Harmony and/or another chain? The NFT is live on ETH. We plan to launch our DAO token on a layer 2 solution with a bridge.
How many active users do you currently have, or aim to acquire? We have 23k in our discord and 28k on our twitter from our organic marketing strategies. Currently we have 1,200+ holders and 52%+ supply is locked.
How much funding do you need? $50k for game development and marketing. $150k+ for DAO formation.
What are your milestones? Primary milestones are building out the game MVP for beta testing and creating the cinematic. Once we have both of these we will be ramping up the marketing spend.
What help do you need, or what gaps are there in your team?]
Always open to collaborating with incredible people. Primary needs would be marketing and a full stack web developer.
Proposal ask
$50,000
Justification
Building the World’s First Paint-2-Earn game. Integrating web3 into a very popular web2 concept with our own creative spin. Additionally, we will be launching a DAO later in the roadmap to support our community token!
Metrics for success
8,888 PaperHands NFT’s minted
3,000+ holder count
Paint-2-Earn Game Beta launch
Cinematic / Gameplay highlight
$PPR DAO launched
Full Paint-2-Earn Game Launch
Helped 10,000 players earn income while playing our game
Scholar mechanic has helped underprivileged communities globally