Grant Title: NGNC/USD Lps on DFX
Author: Ejis, [email protected]
About You: My name is Ehinmisan Ejiro. I hold a degree in Economics and have earned certifications in Digital Marketing and Project Management. I am currently pursuing data analytics certification. I founded a startup, QvestNG, an investment data, intelligence, and aggregator platform dedicated to democratizing access to resources, opportunities, and tools that empower investors to make informed decisions.
Additional Links: http://qvest.com.ng/
Grant Description: Use of Grant:
Marketing of Lps on DFX: We will create and distribute educational content and resources about DFX and its liquidity pools on platforms such as Instagram, Google, and YouTube.
Live Data Feed: Implementation of a live data feed on prices, supply, and APRs.
Beta AI Personalized Investment Guide: Development of a beta version of our AI-powered investment guide that offers personalized advice. This will include live prompt displays on DFX covering topics like “What is DFX?”, “Liquidity Pools on DFX”, and “How to Earn on 5000N daily on DFX”.
Objectives:
- Increase the number of users on DFX.
- Address income and investment challenges in Nigeria by enabling individuals and businesses to earn passive income on DFX.
- Expand our premium offerings.
- Scale our platform to reach a broader audience.
Grant Goals and Impact:
Community Growth:
Increase in Nigerian User Base: Targeted marketing and educational content will significantly boost the number of Nigerian users on DFX.
Enhanced User Engagement: The AI-powered personalized investment guide will provide customized advice, increasing user engagement and retention.
Broader Awareness and Adoption: Marketing campaigns on Instagram, Google, and YouTube will raise awareness, attracting both individual investors and businesses.
Community Support: Webinars, forums, and social media groups will foster a supportive community, enhancing user loyalty and trust.
Protocol Development:
Increased Liquidity in NGNC Pools: Growing user participation will boost liquidity in NGNC Pools.
Growth in NGNC Supply and Transactions: More users will lead to an increase in NGNC supply and blockchain transactions.
Expansion of DFX Use Cases: A larger user base will drive the creation of new product use cases.
Enhanced Developer Engagement: Increased platform awareness will attract more developers, driving innovation.
Increased DFX Supply and Holdings: Higher user and developer engagement will increase DFX token demand and holdings.
Impact/Outcome:
- More NGN Users Onboard: Significant growth in Nigerian users on DFX.
- Platform Awareness: Increased visibility and developer interest in DFX.
- More Product Use Cases Developed: Enhanced protocol development with new tools and functionalities.
Milestones:
Milestones:
Month 1-2: Launch of marketing campaigns on Instagram, Google, and YouTube to promote DFX and its benefits.
Month 3-4: Implementation of the live data feed on DFX prices, supply, and APRs.
Month 5-6: Development and initial testing of the beta AI personalized investment guide.
Month 7-8: Full deployment of the AI investment guide and assessment of its performance.
Month 9-10: Evaluation of project impact, user growth, and feedback collection for further improvements
Funding Request:
We are requesting 251,000 DFX tokens. Justification for Funding Amount:
Project Scale:
The project aims to significantly expand DFX’s user base in Nigeria, a market with substantial potential. This requires extensive marketing efforts, robust technical development, and continuous community engagement.
We will be utilizing multiple marketing platforms (Instagram, Google, and YouTube), which necessitates a substantial budget to effectively reach and engage our target audience.
Project Complexity:
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Developing a live data feed involves integrating various data sources and ensuring real-time accuracy and reliability, which requires considerable technical expertise and resources.
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The creation of an AI-powered personalized investment guide is a complex task that involves advanced AI algorithms, data analytics, and a user-friendly interface. This will require significant investment in development, testing, and deployment.
Potential Impact:
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Community Growth: The project is expected to onboard a large number of Nigerian users to DFX, increasing platform awareness and adoption.
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Protocol Development: By attracting more users and developers, the project will drive the creation of new use cases and tools, enhancing the overall ecosystem.
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Economic Empowerment: Enabling individuals and businesses in Nigeria to earn passive income through DFX will have a positive economic impact, promoting financial inclusion and growth
Budget Breakdown:
Marketing: 30% (75,300 DFX)
- Educational content creation
- Ad campaigns on Instagram, Google, and YouTube
- Community engagement activities
- PR efforts.
Development: 40% (100,400 DFX)
- Live data feed implementation
- AI investment guide development
- Technical infrastructure
Personnel: 20% (50,200 DFX)
- Hiring skilled professionals
- Compensating the project team
Miscellaneous: 10% (25,100 DFX)
- Covering unexpected expenses
Wallet Address (to receive the grant): 0x020C0F29979753Da85f6357D7dA84D5e7d0489d0