Frontinus House Builder Proposal: Fully Composable, Incentive, and Decentralized Lootverse Gaming Creation Network
Name of proposer: Myron Will
Contact Email: myronzhang520@gmail.com
Ethereum Mainnet Address: 0x19c973572339622d5ebb820111db1be3419cc603
Any relevant links/Websites (optional): https://drive.google.com/file/d/17ubZmMCfxNeDPqxJBZiaej3_Jou57T8P/view?usp=sharing
Introduction video link (optional): https://drive.google.com/drive/folders/1y03phrP2YV8etgtw3VxSx86W7bdD1euk?usp=sharing
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What is the name of the project: Fully Composable, Incentive, and Decentralized Lootverse Creation Network
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What is it based upon: It will be based on Lootverse to enrich the Lootverse ecosystem and empower the development of games in Lootverse
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What does this do that is unique or different to other projects:
Based on the original Loot NFT with a few gaming words, many derivative projects like new NFTs and games come out to expand those words and form collective narration. They form a prosperous ecosystem called Lootverse, which is crucial to the value of Loot. Therefore, we should support the following projects in Lootverse in any ways as much as possible to promote their development, and their success can also make Loot more valuable. However, under the current mode of Lootverse, the original project and its following new project are essentially seperate except sharing the same gaming words without further mutual benefits.
To address this issue, we aim at enabling the open, decentralized, and permisionless upgradability and composability of projects within Lootverse. Each original project can allow any other people to freely upgrade it with new projects, so everyone can freely make new projects to revise and improve the orginal project. Based on the original project, the new project can share the resources with the original project like user network and token model with no need to build from scratch, and get the support from the original project like technical foundation, stakeholder community, and creator economy to grow faster and better. In return, the new project can also make the original project become better, so the original project can attract more users and earn more revenue. As a result, the orginal project and its new projects made by others can help each other for mutual promotion in Lootverse.
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Who is the target audience of this project: The followers of the original project like the collectors of the NFT and the players of the game. They want to make the original project better with innovative upgrades, because it will benefit the original project to benefit themselves. However, the founder of the orignal project may not realize the value of their improvements, so they want to fork the original project with new branches to upgrade and improve by themselves.
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What about this project excites you to build: We can make Lootverse projects can not just share gaming words and collective stories, but more importantly exchange the more valuable and essential development resources to assist each other for mutual benefit, which makes Lootverse a more capable and thriving community of shared interests.
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Any further details you might want to elaborate on: Take a Lootverse on-chain gaming project for example. The founding team of the original project doesn't need to make a whole game. They can just make a part first like game equipments. Then others can freely add any other parts to the original project like characters and storylines, or just revise the original project such as adding other equipments to upgrade the original project to the new project. Likewise others can also continue upgrading the new project until forming an integrated game. Each project can issue its token, and when buying the whole game, the tokens of all composed projects will also be purchased together, so the earnings of the game will be distributed among all related projects according to their contributions.
We are a team from CMU, UC San Diego, and UC Berkeley with different expertise covering design, research, development and business. We have strong interests, capacity and skillsets on the innovative entrepreneurship of blockchain, crypto and web3. We love Lootverse and fully devote ourselves into contributing to it as much as possible. We are all very thrilled about this project and have fully prepared for starting our adventure journey via your grant.
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Myron Will graduated from Carnegie Mellon University and obtained master degree in Technology Innovation Management. He keeps doing technical research and product design on blockchain, crypto and Web3 endoresed and funded by Ethereum Foundation. He also made several entrepreneurship projects to promote the decentralized composability and upgradability of blockchain.
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Miguel Monares graduated from The University of California, San Diego, double majoring in (1) Math-CS and (2) Cognitive Science with a specialization in machine learning. He was previously a researcher at the National University of Singapore where he built infrastructure for cross-chain deFi regulation and developed a tool to benchmark blockchains and dApps. Miguel has advised the development of web3 ventures for start-ups and corporations, and he won the Franklin Templeton Blockchain Fintech competition with his project, SugarBlock, a P2P marketplace and donation platform for nonprofit organizations. He is passionate about building the next generation of web3 tools toward a decentralized future.
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Navein Suresh majors in computer science and applied mathematics at the UC Berkeley. He had strong blockchain programming skills and mastered various blockchain-related technologies well. He fully devotes himself into the coding and development of this project.
We will start once receving the grant and we estimate we need about 6 months to build and run the proposed project successfully.
| Objective | Contributor | Estimated deadline |
|---|---|---|
| Improve the project proposal the determine the final version | Myron, Miguel,Navein | 2023/11/01 |
| Design the product according to the proposal | Myron, Miguel,Navein | 2023/12/01 |
| Develop our product | Myron, Miguel,Navein | 2024/01/01 |
| Conduct technical testing and user evaluation | Myron, Miguel,Navein | 2024/02/01 |
| Release the final version and promote it in the community | Myron, Miguel,Navein | 2024/03/01 |
| Successfully run the first round of Lootverse projects in our network | Myron, Miguel,Navein | 2024/04/01 |
Hugely appreciated if we could get the standard 100,000 Lord to improve our proposal and develop our project with sufficient funding. Feel free to reach out to us to put forward any golden feedback and critiques, and we will revise our proposal accordingly. Welcome to join us and we can work on this project together to promote the development of Lootverse. Thanks a lot!