Most low level users in crypto's first and only experience with crypto is on Coinbase and then nothing after that.
I want to create a a platform that anyone can join, buy crypto and actively transact on the blockchain (maybe without even knowing it)
This is the total amount allocated to Kingdom Builder.
While there are very amazing early stage projects that have been funded through Catalyst. I see those projects facilitating incredible progress for early adopters and high level users of Cardano. What I hope to purpose is a fun, interesting, community and sub community driven platform for any person that has access to the internet.
Before reading onward, I will not be tackling Swaps, Escrow, Defi but may have some integrations with existing products.
The goal of this particular project is to validate, prove and/or introduce the power of the Cardano blockchain, both in terms of day-to-day user scalability and also performance.
The idea will be a world building social platform.
How it will work:
A user will sign up for the platform and choose to be a ruler or a subjects.
A ruler (King, Queen, Goddess, Leader) can establish a type of kingdom within the platform. This kingdom (from a UX perspective) is just essentially the ruler (users) profile. This ruler will be able to create content for their "subjects" or followers. This can be but not limited to, education content, sexual content, creative and artistic content. Creators on existing platforms like Patreon, OnlyFans or MiPriv will be the first adopters.
The ruler has complete control to monetize their kingdom however they would like, for example:
1. Premium Content
2. Taxes - monthly subscription fee to access the kingdom
3. NFTs
4. Introductions with the ruler (text or 1:1 conversations)
Empowering users to create a sort of sudo economy within their own "Kingdom". This economy can be powered by ADA itself or they can issue their very own tokens on the Cardano blockchain and issue those to their "subjects".
As a kingdom can grow, the conversation within the kingdom of regulations or moderation may arise. So the ruler will need to hire some type of leadership. So the "subjects" within that kingdom can be promoted to leadership ranks within the Kingdom, have additional permissions and help the kingdom run smoothly.
Now just like any Kingdom there will be "subjects" who have their own talents that can contribute value to the kingdom. Any member of the community could create NFTs and present them to the ruler as an offering. As these NFTs are accepted by the ruler the value of them will increase and the ruler as he/she chooses can sell them off as a rare kingdom NFT.
These are just a few ideas and use cases for the platform itself. My hope is that with the creativity of the rulers they would come up with some other very interesting use cases and styles of running their own "Kingdom."
RESTRICTIONS:
As an avid community member and hopeful technologist within the Cardano ecosystem I am still limited in my knowledge of best practices for this type of technology.
So if issuing tokens on the Cardano blockchain for each Kingdom is not practical or saturates any type of market then perhaps ADA is the universal currency exchanged within each kingdom.
My goal is to create an application that can process tens of thousands of transactions on the Cardano blockchain and introduce crypto currency to the masses in a fun, creative way.
250000I have been developing apps for the last 5 years and have helped scale multiple saas companies to 50k+ mrr.