Joghar | Move To Earn On Cardano
Problem
Cardano is yet to have a Move to Earn Project that will properly utilize Non Fungible Tokens to tap into the 100 billion Dollars Fitness Market
Solution
We will be giving NFTs on Cardano a new meaning as we will Tap into the 100 billion Dollar fitness industry, redefining the way users maintain a healthy lifestyle.
Total to date
This is the total amount allocated to Joghar | Move To Earn On Cardano.
[IMPACT] Please describe your proposed solution.
Joghar will be a web3 gamified move to earn ecosystem as users can stroll, walk, jog, run to maintain a healthy lifestyle while also rewarding them at the same time.
Joghar will turn your Fitness journey into a rewarding social experience.
Joghar Mechanics
Web3 Pedometer App: Joghar will be infusing the social incentives that have been prevalent in the wearables industry but with extra motivation to support a more active lifestyle as Joghar players can sync data from their mobile App or Wearables to their Joghar Account in other to customize and upgrade their NFT Joggers & Sneakers.
Move To Earn: Joghar will convert players real life movements to Move Points (MPs) in a new concept called Move To Play while also combining this MPs in a play to earn economy giving the user ability to earn Financial Rewards in Form of Cryptocurrencies.
MPs (Move Points):
Move Points are a state in the Joghar Sneaker & Joggers Metadata which increases with movement activity.
Once The Required Amount is attained, The Sneakers & Joggers Can Be Upgraded.
[IMPACT] Please describe how your proposed solution will address the Challenge that you have submitted it in.
We will utilize NFTs in a way never seen before on cardano
[IMPACT] What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
Raising Capital to develop our product, that's why we are opting for Catalyst Funding
[FEASIBILITY] Please provide a detailed plan, including timeline and key milestones for delivering your proposal.
In Progress
[FEASIBILITY] Please provide a detailed budget breakdown.
In progress
[FEASIBILITY] Please provide details of the people who will work on the project.
Mughira Ahmed: CEO https://www.linkedin.com/in/mughira-ahmad-19722b1aa/
Shaun Stark: Co-Founder https://www.linkedin.com/in/shaun-stark-9746ba3/
[FEASIBILITY] If you are funded, will you return to Catalyst in a later round for further funding? Please explain why / why not.
No, We won't Be Needing another Catalyst Round as the Amount requested is sufficient to Develop a working product
[FEASIBILITY] Are you or any member of your team working on any other proposals in this Fund9?
No[FEASIBILITY] Are you or your team working on any other proposals from previous Funds?
No[AUDITABILITY] Please describe what you will measure to track your project's progress, and how will you measure these?
We will initially measure our progress by our ability to Ship an MVP in no distant time
After which we will use the community growth and Private Beta waitlist signups to Guage User interest in the project
KPIs
Number of commits made on Github.
Number of registered users on Joghar App.
Number of generated NFT smart contracts that represent Users on Joghar Ecosystem.
[AUDITABILITY] What does success for this project look like?
Being Number One Move to Earn App On Playstore and Apple Store
[AUDITABILITY] Please provide information on whether this proposal is a continuation of a previously funded project in Catalyst or an entirely new one.
It's An Entirely new One
Sustainable Development Goals (SDG) Rating
In Progress
Team
Web App & Mobile App Development
Mkaits is a leading Development firm We specialize in providing IT solutions to the businesses. Our core services include Blockchain developments ,Web Design, Web Development and Mobile Applications (Android/iOS)
