TLDR - BharatBox seeks 150K SAND funding to develop a platform which can be used by IPs, UGC creators, Studios who would like to reward the NFT holders of their respective collections with physical rewards.
What - A proposal to implement a physical rewards claim platform that validates NFT ownership.
Why - To streamline the physical reward claiming process for users and enhance user engagement.
When - Implementation is planned over the next three months with clear milestones.
Who - The BharatBox team, BharatBox is a joint venture between The Sandbox and Brinc to bring India on The Sandbox. The project will be led by Satyam Mishra with support from Prajnyasis Biswal and the marketing team.
satyam.mishra@bharatbox.io, p.biswal@bharatbox.io
Satyam Mishra (@satyam86400) / X, Prajnyasis Biswal (PB) (@iampbiswal) / X
SIP Details
Problem Description
The current system lacks a streamlined method for users to claim rewards by verifying NFT ownership, leading to user dissatisfaction and potential security risks.
Solution Proposed
Develop a robust rewards claim platform that:
- Validates user input (email, phone, etc.).
- Checks NFT ownership using Alchemy, Etherscan, and Polygonscan APIs.
- Displays relevant error messages for various scenarios.
- Saves validated data and triggers reward processing.
Benefit to The Sandbox Ecosystem
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Enhances user engagement by providing a seamless reward claiming experience.
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Increases trust in the platform through secure and verified transactions.
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Promotes the use of NFTs within the ecosystem, driving further adoption and interaction.
Risk analysis
Technical Risks: Potential API failures or incorrect validations. Mitigation: Implement robust error handling and fallback mechanisms.
User Data Privacy: Ensuring the secure handling of user data. Mitigation: Adhere to strict data protection guidelines and use encrypted communication channels.
Budget requested
Overall cost: 150,000 SAND
Breakdown of the Cost. (in USD)
Implementation Plan
Milestones & Implementation plan
Team/Author Background
Satyam Mishra: Lead Developer with extensive experience in web development and blockchain integration.
Prajnyasis Biswal: Marketing and Product head with huge experience in Web 3 community and community building.
Voting Options
- Yes, No, Abstain
APPENDIX
Alternatives Considered
Manual validation of NFT ownership was considered but deemed inefficient and prone to errors.
Amendments
Community feedback will be incorporated through iterative updates and improvements.