{"signature": "0xcd64764ef0fcfcc7867fa9889eb3ed5222a266caf240cb7ae22dbb0ba4009dfd19c6a82814cc69ef32ec445cad8b1536ecb1c38f4d3e6cae4301b1f5b993e4b41c", "application": {"round": "0xc6bc0ed0bf4675cbf14d1140dcef5415d4e6b0ae", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "RZfI4XZ2vBZk0iytG8rVUcc6nR2DH6MbouhnDCXWp7BwVkYrFwcQkUxmE6/VeK3y", "encryptedSymmetricKey": "0925a51442628af360997e7611a3f924c0bba49ee1a986619f6b50f68ef37b6ceafe961f3d5e74d6f74865cd9e94d10d33b427a421735c703edccf61dd5c00a5cbc83273f87d3eb97b19ebae206c47cbe4115aa94826395059c9ef28b5d251a4a7de173ffffcd4b6a0fe4763532eb7fade52383011d6e1ce702d7709b992061e00000000000000203f4c7415718e5b3f4689c78a5500825390cad2f741f7de3be7bd2a07ef497f02646310f26d695c315033246ee85cf8af"}}, {"type": "short-answer", "answer": "Gitcoin grants, Revenue", "hidden": false, "question": "Funding Sources", "questionId": 1}, {"type": "number", "answer": "5", "hidden": false, "question": "Team Size", "questionId": 2}, {"type": "short-answer", "answer": "https://github.com/viaprize", "hidden": false, "question": "Github handle (your project GitHub)", "questionId": 3}, {"type": "short-answer", "answer": "@noahchonlee", "hidden": true, "question": "Telegram handle (of zuzalu representative)", "questionId": 4}, {"type": "short-answer", "answer": "13", "hidden": false, "question": "How old (in Months) is the project?  ", "questionId": 5}, {"type": "paragraph", "hidden": false, "question": "Is there anything else you'd like to share about your project, previous work, or other affiliations? Is there anything else you'd like to add that may help determine project eligibility?", "questionId": 6}, {"type": "short-answer", "answer": "Noah Chon Lee - https://x.com/noahchonlee | Dipanshu Singh - https://github.com/dipanshuhappy | Nithin Varma - https://github.com/orgs/viaprize/people/Nithin-Varma | Swaraj Bachu - https://x.com/swarajbachu | Aryan Tiwari - https://github.com/arrytiwari", "hidden": false, "question": "What are the names and social links of your team members?", "questionId": 7}, {"type": "short-answer", "answer": "Noah, for all of Zuzalu and ZuConnect", "hidden": false, "question": "Was at least one core team member at Zuzalu or ZuConnect for at least two weeks? If so, who and at which ones? ", "questionId": 8}, {"type": "paragraph", "answer": "1. We are an example of an innovative project that arose out of the first Zuzalu which also empowered other projects such as the AI river\n2. At Vitalia our platform was used to crowdfund a musical instrument\n3. At Zanzalu our team hosted workshops with 100 local university students teaching the basics of blockchain\n4. We organized the prize payouts at HackZuzalu in Singapore which resulted in rapid and easy payout to all the winners\n5. Credit card payments on-chain allowing easy participation for non-crypto natives in smart contract based applications. This would make crowdfunding, prizes, and participation in governance easier for future Zuzalu inspired pop up villages. See the demo video below!", "hidden": false, "question": "How does your project create value for the Zuzalu ecosystem? ", "questionId": 9}, {"type": "short-answer", "answer": "Approximately $30,000 all through over 2000 donors on various Gitcoin rounds and $1,500 from revenue as we take a 5% platform fee. No other funding sources.", "hidden": false, "question": "Have you received any other funding for this project? If so, how much and from what sources?", "questionId": 10}, {"type": "paragraph", "answer": "Yes. We received around $10,000 from the last Zuzalu Gitcoin round which was essential to allowing us to continue development. We used the funds to pay each team member $500 per month and to bring the team from India to Zanzalu where we asked feedback from residents there about the best way to make the platform helpful in the context of a pop-up village and future network societies. The main development we achieved since then was putting credit card payments on-chain which we are currently working on adding into the Open Civics Gitcoin round and may be able to add to Gitcoin as a whole if that goes well. ", "hidden": false, "question": "Did you participate in a previous Zuzalu Gitcoin round? If so, how did you use those funds?", "questionId": 11}, {"type": "paragraph", "answer": "Our total burn rate is approximately $5,000 per month including pay for each team member, covering travel costs to relevant events, and other business related costs including subscriptions and hosting costs.\nWe would use these funds to extend our runway as we onboard more users and become sustainable through revenue.", "hidden": false, "question": "What is your project budget? And if your project is accepted, how will you use the funds from this round? ", "questionId": 12}, {"type": "paragraph", "answer": "Yes, see our open source Solidity smart contracts", "hidden": false, "question": "Is your blockchain-facing tech maximally compatible with Ethereum and common Ethereum ecosystem standards(https://ethereum.org/en/developers/docs/standards/)? If so, how? ", "questionId": 13}, {"type": "short-answer", "answer": "Yes", "hidden": false, "question": "Is your project open source? If any code is a closed source, why? ", "questionId": 14}, {"type": "short-answer", "answer": "Yes", "hidden": false, "question": "Do you agree by January 1st, 2025 to declare how the funds were used via Zuzagora or its successor? ", "questionId": 15}, {"type": "short-answer", "answer": "We are in discussion with Proof of Philanthropy to include their evolvable NFT showing how people donate and are in discussion with Devansh Mehta who is creating the first HyperCerts marketplace instance about how we could add credit card payments to this and how we might issue hypercerts to people who fund and win prizes.", "hidden": false, "question": "How could your project interoperate with other Zuzalu projects? ", "questionId": 16}, {"type": "link", "answer": "https://youtu.be/19LFDAIDsB0", "hidden": false, "question": "If your project is a working product, share a link to a demo video ", "questionId": 17}, {"type": "paragraph", "answer": "https://docs.google.com/document/d/1lwtuuvofkaK1c-zHEgaplcOzVgg_TXCiPeLL-Bwg488/edit?usp=sharing", "hidden": false, "question": "Write out your roadmap if not already included in your project description", "questionId": 18}], "project": {"id": "0x71c2aae066b1748f94201e3f13a4e23a98736b6bb87514ee833a821c8ccfe712", "title": "viaPrize", "logoImg": "bafkreicsmmmrdopuasv2maoiavn53vmlny57ubvtf524nh6tjvcicbxlrm", "metaPtr": {"pointer": "bafkreigiocdjjiomaqqmnvrto7ywmgg5pibqxeaokarehhr4oypdqifrgy", "protocol": "undefined"}, "website": "https://viaprize.org", "bannerImg": "bafkreicmugypekutvgz6g56o7aapxepdhc24gukbdcyixpplgmh6ytzpdm", "createdAt": 1720638765780, "userGithub": "haonchon", "credentials": {}, "description": "# The problem\n$700M was wasted in 2023 on Kickstarter alone when fully funded projects never deliver what was promised. This is because traditional crowdfunding platforms fail to provide guarantees. \n\n### The solution\n![howitworks](https://i.imgur.com/N74nlT5.png)\nviaPrize solves this by taking the funds for a project and then welcoming anyone to complete the project. If no one completes the project, then everyone is refunded. \n\nPrizes include three types of contributors:\n![benefitsforusers](https://i.imgur.com/9xmyEhR.png)\nPrize proposers come up with the project idea\nPrize funders elevate the best ideas by showing demand\nPrize contestants win rewards building the project\n\nWith viaPrize, ideas are crowdsourced, rewards are crowdfunded, and project execution is an open invitation.\n\n### The Middle Road for Public Goods Funding\nPrizes open up a complementary alternative in the public goods funding ecosystem that balances funder confidence and builder security. \n\nGitcoin optimizes for builder security because it gives upfront funds, but lacks funder confidence because there is no guarantee of success. \n\nOptimism Retro PGF optimizes for funder confidence because funders review the impact of existing projects and add rewards, but lacks builder security because there is no guarantee of any particular amount of funding.\n\nWith prizes, funders know the project will be built or they are refunded, so they have some confidence. Builders know there is a certain amount of funding waiting for them if they successfully create a project, so they have some security. \n\n![Balancing](https://i.imgur.com/iLPihrt.png)\nWe look forward to a full public goods funding user journey where you receive:\nQF Grant - Before building (and ongoing)\nCrowdfunded Prize - When you finish building (prizes for a whole product and prizes for particular features)\nRetro PGF - When you see the impact of what was built\n\n### Our origins\nThe concept of crowdfunded prizes sounded revolutionary as Noah discussed it with residents of the entrepreneurs' pop-up city Zuzalu, so we tested it. As residents discussed the idea of making an AI voice for a river, Noah launched a prize and residents tossed in $20. After an impromptu five day hackathon attracting twelve builders, we presented the first AI voice for a nature entity in history to the Prime Minister of Montenegro. If we had used Kickstarter, then only the team who posted an idea would receive funds. By using prizes, any builder was welcome.\n![RiverAITeam](https://imgur.com/tdrnul7.png)\n\nHowever, Noah wanted to be certain this can make a real impact. Thus, he found himself watching anti-missile defense shoot down a kamikaze drone as it dove towards him while on the way to deliver medical supplies in Ukraine, funded by a prize from viaPrize.org\nThe medics ended up using the supplies treating 45 injured and saving multiple lives, and Noah decided to pursue this initiative full time.\n![myfavoriteprize](https://i.imgur.com/TxlQzz1.png)\n\n### Traction\n\nAs of July, 2024 we have distributed over $50,000 and have successful prizes for building projects ranging from free productivity apps to writing competitions.\nWe take a 5% platform fee. \n\n### Thank You Gitcoin!\n\nThis has all been accomplished since June 2023 with our only funding coming from over 1000 donors on Gitcoin plus matching. Thank you for making this possible!\n\nMore about that here:\nhttps://gov.gitcoin.co/t/gitcoin-appreciations-thread/18332\n\n### Traditional Fundraisers\n\nIn Jan 2024, we added crowdfunding \"fundraisers\" with two types:\n\"Pass-through\" where funds are immediately directed to the recipient\n\"All-or-nothing\" where you refund everyone if the funding goal is not met by the deadline\n\n### Next steps\n\nMVP - Tested during Zuzalu\nV1 - Current version. Usable for crypto natives\nV2 - By the end of Jul 2024. Easier onboarding for web2 users.\nV3 - By the end of Sep 2024. Accessibility for people in developing countries by having a mobile app and cash off-ramps around the world for those who do not have bank accounts.\n\nWe are incubating the project by living with users and iterating on their feedback during Zuzalu inspired pop up villages around the world. \n\n### Connect!\nSee opportunities to win prizes: https://x.com/viaprize\n\n### Try it out!\nVisit viaprize.org and post a prize or portal today! \nThe proposers of a prize idea also receive 5% of the award. \nLet's build public goods!", "lastUpdated": 0, "projectGithub": "viaprize", "projectTwitter": "viaprize"}, "recipient": "0x1f00DD750aD3A6463F174eD7d63ebE1a7a930d0c"}}