SPACIOM: Creating Stronger Connections Through 3D Interaction & Digital Ownership

[GENERAL] Name and surname of main applicant

Jeremie Joncas

[GENERAL] Email address of main applicant

info@spaciom.io

Additional applicants

Timothy Parker

Harvest Smith

[GENERAL] Please specify how many months you expect your project to last (from 2-12 months)

8

[GENERAL] Please indicate if your proposal has been auto-translated into English from another language.

No

[GENERAL] Does your project have any dependencies on other organizations, technical or otherwise?

No

[GENERAL] If YES, please describe what the dependency is and why you believe it is essential for your project’s delivery. If NO, please write “No dependencies.” .

No dependencies

[GENERAL] Will your project’s output/s be fully open source?

No

[GENERAL] If NO, please describe which outputs are not going to be open source. If YES, please write “Project will be fully open source.”

To protect our intellectual properties and our initial growth, we do not plan to open source any components of our platform in the beginning. However, to scale up to global adoption, we plan to start opening our eco-system so technical users and projects can create more customized virtual experiences.

[METADATA] Category of Proposal

Other

[IMPACT] Please describe your proposed solution.

Why?

At Spaciom, our 'why', our goal, is to create to next level of connectivity between you, your loved ones, and the things you enjoy.

How?

By building on key aspects of our human nature to create technologies that appeal to our senses, the way we interact with the real world, our need for expression and interaction as well as our natural curiosity. We are bringing our tactile and spatial abilities to the digital world in a

What?

An immersive 3D social platform with integrated digital ownership for everyone. Available on smartphones, VR headsets & computers.

The Platform:

Space-based, not time-based

Today's social media and content-sharing platforms are time-based: you or a creator you follow post a piece of content, but after a short while, it gets buried under new posts. The content is ordered through time. This format creates a constant fight for visibility. On Spaciom, the content is displayed through space in a fully customizable virtual room. You are not at the mercy of time; you display your content how you want it to be seen and enjoyed!

Free your imagination!

Our users will be able to create their own virtual space as well as customize their environment and experience for their visitors. They will display their creations, pictures, videos, 3D objects, and digital collectibles (NFTs).

Connect with people

The 3D format represents an incredible opportunity to bring digital human interaction closer to real life. On Spaciom, people will be able to connect with friends and family, hang out in each other's spaces, and access our growing list of social features and fun games. Content creators will have the tools to build a richer and more personal relationship with their audience.

A new format for content

We can all imagine what it would be like to jump into the world of our favorite heroes, artists, athletes, franchises, or brands, but for us, it is a reality. We truly believe that content is key. You may have the best 3D interactive technology, but if your platform is empty, people will not come. Along with building this incredible technology, we plan to partner with the world's top brands and creators to bring their fans on a journey like they never experienced before.

True Digital Ownership

Every item in the Spaciom ecosystem will act as a physical object you own; it is yours to keep, display or sell to someone else on our integrated marketplace thanks to our seamless and user-friendly Blockchain integration. We believe to gain global Web3 adoption, we need to make the tools simpler for the average user. We are proud to have designed an ownership & exchange interface that interacts with the Blockchain on behalf of the user for a seamless and friendly integration. Of course, as a Cardano community member, you will be able to connect your wallet directly to our platform, access our marketplace, and display your NFTs.

But is it just the Metaverse?

You may have noticed that we have not used the word 'Metaverse' in the description of our project. We don't consider ourselves a Metaverse project for the simple reason that our approach is fundamentally different. We are not trying to bring people into a virtual world where they can lose their connection with reality. We are expanding reality with our digital layer and retaining what makes us human. You may also have noticed that we have not mentioned avatars. We believe today's technology used to create and animate avatars is not mature yet for global adoption. It is a dramatic loss in definition compared to a real-life interaction or even a conversation through a webcam. We believe in enhancing, not reducing. Instead of bringing people into a video game-like platform, we believe in bringing them value in their day-to-day life.

[IMPACT] How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?

Spaciom represents a great opportunity for the Cardano Blockchain. Not only we are building a strong use case in the form of a cutting-edge social platform and an NFT marketplace, but we will also bring a tone of exciting content from the world's top artists, athletes, sports teams, content creators, brands, and franchises to the Cardano Blockchain.

As previously mentioned, bringing digital ownership to our users is a key part of our platform. Every item in the Spaciom ecosystem will act just like a physical object you own; it is yours to keep, display or sell to someone else on our integrated marketplace thanks to our seamless and user-friendly Web3 integration. Some of our users may not even realize they are using the Blockchain every time they make an action on Spaciom.

As a result of our ambitious strategy and our potential to become a mainstream social platform, we believe we have the possibility to bring a multi-million user base to the Cardano Blockchain.

[IMPACT] How do you intend to measure the success of your project?

Our main Key Performance Indicator(KPI) is our number of Monthly Active Users(MAU). According to our multi-scenarios projection, we will reach the first million users in our 3rd year with a monthly growth of 12% or in our 5th year with a monthly growth of only 8.5%. We consider these numbers to be very conservative.

Another important measure of success, but a less quantifiable one, is the quality of partnerships and content creator presence on Spaciom. As content is a key part of our success, the Cardano community will certainly enjoy having the on-chain presence of some of their favorite artists, athletes, brands, franchises, etc.

[IMPACT] Please describe your plans to share the outputs and results of your project?

After the initial development phase estimated to be around 6 months, we will go into our private testing phase. It would be our pleasure to welcome select members of the Cardano community to test our platform on various devices and collect their valuable feedback.

Once testing is completed, we will publicly launch the platform. Everyone will be able to register, create their own virtual space, upload their content, share their NFTs, and explore different worlds.

As a platform, we certainly welcome NFT projects, DAOs, and communities to come to Spaciom and use our tools to tell their stories, distribute their content and reach a new audience.

At Spaciom, we have many ideas for expanding our scope in different directions once we deliver a solid foundation and reach product-market fit. We certainly plan to add more features that will enhance our users' journey into our platform.

[CAPABILITY/ FEASIBILITY] What is your capability to deliver your project with high levels of trust and accountability?

Over the last year, we have conducted much research and forged solid partnerships that will enable us to realize our vision. The first iteration of the platform has already been fully planned and priced out. Our development partner is awaiting the fund to start building within a 2 to 3 weeks delay. We are already in discussion with various important brands and key players in the sports and entertainment industry. We are at a point where the only thing preventing us to go forward is funding.

As for the use of funds, we vow to be completely transparent and fully cooperate with the reviewers. We plan to open a dedicated bank account for the fund received through this proposal and match every outgoing amount with an admissible receipt.

We will respect the established milestones proposed and only accept the next installment once we can fully demonstrate our advancement.

[CAPABILITY/ FEASIBILITY] What are the main goals for the project and how will you validate if your approach is feasible?

Pre-launch, one of our main quantifiable goals is to achieve a reach between 50 million and 100 million potential users at launch through our partners. We're doing it by providing a virtual experience for our partners in exchange for visibility on their network. With the traction we already have so far, we are on track to exceed these numbers. Based on this launch strategy, we expect to reach our first million monthly active users within the first 3 years. Looking at comparable products, our numbers are conservative and don't account for the potential of a viral effect.

Over the past year, we have already conducted a number of technical tests, developed a proof-of-concept application using Augmented Reality, and are currently building some features of our final platform. We have partnered with a trusted US development company that possesses an impressive record of achievements and clients such as the US government. With our expertise and allies, we have the resources to achieve our vision.

[CAPABILITY/ FEASIBILITY] Please provide a detailed breakdown of your project’s milestones and each of the main tasks or activities to reach the milestone plus the expected timeline for the delivery.

Month 1

Front End - Back End - 3D Engine Integration (Month 1 to 4)

Integrating our remaining designs and completing the front end in Native React

Completing our back end infrastructure

Integration of Unreal Engine

Month 3

Content Creation (Month 3 to 8)

Creating virtual experiences for our partners

Creating assets for users to customize their own virtual space

Month 4

Creation of the user customization tools (Month 4 to 6)

Development of our toolset for users to customize the appearance our their virtual rooms

Development of our toolset for users to import on-chain and off-chain assets and display them in their rooms

Month 7

Beta Testing & Debugging (Month 7 & 8)

Private testing with our partners and a limited number of users

Month 9

Product release

Public release of the first iteration of the Spaciom platform

[CAPABILITY/ FEASIBILITY] Please describe the deliverables, outputs and intended outcomes of each milestone.

Front End - Back End - 3D Engine Integration (Month 1 to 4)

Once this phase is completed, we will have a fully functional platform that allows the users to create an account, edit their profile, explore different content such as the newest additions and trending spaces on the home page, and enter already created virtual spaces.

Content Creation (Month 3 to 8)

During this phase, our creative team will complete multiple projects for the creation of different virtual experiences for our partners. These spaces will be fully explorable using the infrastructure mentioned in the above milestone. Our team will also create multiple customization options and assets for users to create their own spaces. Progress will be easy to demonstrate as our team will deliver on a number of projects in series during this phase.

Creation of the user customization tools (Month 4 to 6)

After these features have been developed, users will be able to create and customize their own virtual spaces, import NFTs from their wallets, and upload content such as pictures, videos, and 3D objects.

Beta Testing & Debugging (Month 7 & 8)

During testing, we will collect bug reports and feedback from our testers. Once debugging is done, our product will be optimized and ready for launch.

Product release

Our platform will be released for the general public along with the virtual experience of our partners.

[RESOURCES & VALUE FOR MONEY] Please provide a detailed budget breakdown of the proposed work and resources.

Front End - Back End - 3D Engine Integration (Month 1 to 4)

Development cost (Engineers salary)- $80,000/₳266,667

Content Creation (Month 3 to 8)

Asset creation cost (3D artist salary) - $25,000/₳83,333

Asset Purchase - $15,000/₳50,000

Creation of the user customization tools (Month 4 to 6)

Development cost (Engineers salary)- $50,000/₳166,667

Beta Testing & Debugging (Month 7 & 8)

Development cost (Engineers salary)- $10,000/₳33,333

The total fund we are requesting to build, release the platform, implement subsequent features, hire, market the product as well as create content and cover the fixed costs for a duration of 12 months after launch is $750,000. We have currently secured an investment and we are in discussion with other investors to raise the remaining amount needed. We also benefit from the services and network of a startup accelerator based in the US. At the time of writing, our ask for ₳600,000 is equivalent to $180,000 which would cover most of the development of the platform estimated at $225,000. We are also in talks with potential clients to provide them with a virtual experience for the brands, which would bring revenue to Spaciom and help fund development.

[RESOURCES & VALUE FOR MONEY] How does the cost of the project represent value for money for the Cardano ecosystem?

As we are ambitiously aiming to create a multi-million users platform within the first few years of operation, we would bring new users to the Cardano Blockchain at an acquisition cost of less than $0.18 per user (requested amount of $180,000/₳600,000 divided by 1,000,000 users). These new users would perform on-chain operations as well as support content creators and projects based on Cardano.

Our platform will also be used as a lunch pad for NFT projects and DAOs. They will be able to use our immersive technologies to tell their stories, explain their technology and goals in a visual way, and create a welcoming place for their communities to live and exchange.

As a result of partnering up with world-renown artists, athletes, brands, and franchises, we will be bringing these entities to the Cardano Blockchain along with their valuable content.

[IMPORTANT NOTE] The Applicant agreed to Fund10 rules and also that data in the Submission Form and other data provided by the project team during the course of the project will be publicly available.

I Accept