SlothFi - The Decentralized Meme Ecosystem

Name of Project / DAO / Company

SlothFi :sloth:

Application type

Product Launch ,Investment & Marketing

Proposal overview

SlothFi aims to bring a whole ecosystem of DApps to Harmony Blockchain.

Lazybones App It’s hard to find good projects on harmony, and Lazybones is going to be the answer to that problem. Lazybones will provide chart and portfolio management for the harmony blockchain and help you find new rising projects!

Avocado NFT Marketplace Most NFT Marketplaces on harmony blockchain are buggy and slow. Avocado NFT Marketplace will put the user (you) to the front, and focus on user experience, while allowing you to buy/sell/list NFTs. This user friendly experience includes a web-app and a native mobile app, if possible.

Avocado+ Being an NFT artist, it can be difficult to launch your NFTs if they’re large in number, Avocado+ will solve that problem, and provide you with a developer friendly API, where you only mint NFTs when you have a buyer ready. Think of not having to build the backend for a project like CryptoPunks, just create your art and upload, connect the APIs to a button and we’ll do the rest.

$SLOTH Token will play an important role in this whole ecosystem by being the main point of transactions and main holding point for overcoming certain limits on our DApps, thus increasing its usecase.

Team

0xGhosty
Full-stack web developer with more than 3 years of experience as a freelance developer. Have worked on microservices that serve more than 10 Million users daily.
Portfolio: https://www.animasugit.com

Proposal ask

We are applying for the $30,000 launch track grant and will use the initial capital to hire more developers, designers and aggressive marketing to kick start our project .

Metrics for success

  1. 5,000 active users.
  2. 100 Mil USD collectively locked in staking on different DEXes via Partnerships
  3. 500+ Unique NFT Sellers
  4. 50+ NFT Projects using Avocado+

External links

Main website: https://www.slothfi.com
Discord: SlothFi | Built on Harmony
Twitter: https://go.slothfi.com/twitter

2 Likes

@0xGhosty thank you for choosing Harmony. Looks like you’re starting off on the right foot, with an idea, community building, and setting up your team.

You’re a little too early and you’re well on your way to a proof-of-concept, likely weeks away. I’d like to keep tabs on this proposal, leaving this open until you have your proof-of-concept up and running. You can use this as a means a post weekly updates and reference it in your Discord and/or Twitter channels. Reddit will also be a good means to mention your idea.

We’ll hold off on deciding on the grant yet. This looks promising.

thank you for taking the time to read my post!

I feel the same that we’re still early, I have found 2-3 designers and a developer who are willing to contribute to the project.

As far as progress goes, we are currently in the design phase of the LazyBones dapp and Avocado NFT marketplace mobile version.

We plan to launch Lazybones by end of december and by that time, we’ll start working on the contracts and try to deploy Avocado NFT Marketplace on Harmony Testnet by March 2022.

Here’s a quick peak at the design of the native mobile app for Avocado:

2 Likes

Let’s keep this thread open. When you’re ready again, please re-post here and we’ll further our conversation again.

3 Likes

Hello!

We’ve made significant progress over the past 15 days, here’s a brief of what we’re focusing on and what funding incentives we are looking for.

Avocado+ : White-Label NFT Store Builder

We’re planning to launch Avocado+ in 2 stages and the first stage will be launched next month.
Avocado+ will serve as a Web2 Solution that helps developers bring NFTs from Web3 to Web2 without any solidity experience. They will be able to mint, sell (random/specific), transfer NFTs via triggering specific endpoints from their website frontend.
This solution will become a base for projects similar to CryptoKitties, where the developer only needs to focus on the frontend, and not the backend or contracts.
This was the first stage of the project, you can read about the second stage in the following medium article.

Read More : Avocado+ : Build the next CryptoKitties without any coding experience | by SlothFi | Nov, 2021 | Medium

Funding Proposal for Avocado+ :

$50K in ONE

Justification for Avocado+ :

The funding will help us with the following things:-

  1. Hire developers for the second stage of Avocado+
  2. Marketing
  3. Providing incentives to NFT projects to launch via Avocado+
  4. Security Audits

Current Progress :

We have finished designing the API structure, which can be found here : https://swagger.avocado.gallery.
Design work for the landing page is in progress, here’s a quick peak :

We will also be providing a JS Wrapper and a Ruby Wrapper for our API and provide code starters for developers to help quick start their NFT projects, make youtube tutorials to teach how to use our Platform, and mass mint NFTs via drag and drop or via using our API.

For the testnet launch, we’ll be launching a DApp which will directly use our API and also provide full code on Github and an end-to-end tutorial on youtube.

2 Likes

Approved for $50K Launch grant. Congratulations! Looking forward to seeing this built out on the with the first milestone for a Testnet Launch built on Harmony :tada:

“Testnet Launch” means launching a feature-complete product on Harmony Testnet. We define feature complete to include a user interface, connection to a wallet (Metamask, Harmony ONE Chrome Extension, etc.) on Testnet, and can be tested end-to-end by at least 100 users.

Funds will be released upon completing these milestones

$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)

Meanwhile, to prepare receiving funds, email your identification documents to kyc@harmony.one and create a Gnosis Safe MultiSig wallet at https://multisig.harmony.one and using instructions below
:arrow_right: Setup Gnosis Safe with MetaMask & 1Wallet

Checkout the Funding FAQ for further info at Harmony Funding FAQ. Join the Harmony Grants Telegram channel to share your story and to gain partnerships there by growing your own ecosystem.

We’d love :blue_heart: to see weekly updates on this thread to keep the community posted on this proposal’s progress!

1 Like

Hey Jack!

Thank you for the approval!

We plan to launch Avocado+ in two phases, first phase will involve an API that developers can use to mix the worlds of Web2 and Web3, thus helping more and more people get involved with NFTs.

The second phase is where we launch the full-fledged store builder (kind of Shopify for NFTs). The whole project will be powered by Harmony because we all love almost-zero transaction fees.

I had some queries regarding the milestones and would request some changes to the them.

  • Firstly, since our project is a SAAS so 100 users for our initial API would mean 100 projects. We potentially could launch a NFT project on testnet which uses our API and have that thoroughly tested by 100+ users.

  • Similar changes would be required for the last two milestones, although as I mentioned in my previous post we’re already planning to do full tutorials for how to use the stage 1 API, provide code snippets and the code for the testnet NFT project will be fully open-sourced.

But for the rest of the milestones, we fully agree and are looking forward to change the NFT paradigm on Harmony Protocol.

We also do bi-weekly project updates on our medium to stay in touch with our followers :-

Bi-Weekly Development Update #1. Today, we’re celebrating our one week… | by SlothFi | Nov, 2021 | Medium

Bi-Weekly Development Update #2. The past two weeks at SlothFi were calm… | by SlothFi | Nov, 2021 | Medium

Also, I have DMed you some queries regarding KYC on discord.

Cheers,
0xGhosty

Congratz with the grant @0xGhosty !! Looking forward to the Lazybones app.

Hello, Thank you so much!

We’ll be focusing on Lazybones after we’re done with the launch of Avocado+ Stage 1, so be on the look out for Lazybones at that time. You can read more about this in our roadmap : Introducing SlothFi — A decentralised ecosystem launching on Harmony | by SlothFi | Nov, 2021 | Medium

Sure, we can use this as the first Mainnet milestone :+1:

A simple API/platform for non-developers is perfect! There are so many creators like me who want to showcase our work and open it for users to mint but have no idea how to go about it. This is perfect! Looking forward to Avocado+… that is going to be a game changer!
Happy to know you are approved for the grant!