GM Sandbox fam,
This SIP proposal relates to build a Merch store platform for The Sandbox UGC creators to turn their digital assets and NFTs into real merchandising using Another-1 phygital technology.
TL;DR
Another-1 has a phygital module that works on collections created on the existing platform to connect the NFT ID with an NFC (smartchip) ID embedded in wearable or merchandising item that Another-1 produces. This works in parallel with our on-chain commerce infrastructure provider Droplinked to support selling and settling on-chain with $SAND, providing further utility to the SANDBOX community.
The general idea is to create a Phygital API that allows external collection to have the possibility to link the NFTs to a physical product integrated with the NFC hardware. This feature will then allow UGC creators and Game Studios to launch a merch collection in minutes which are linked to the in-game assets. Users can claim the physical product or purchase by paying in $SAND, Matic/Poly, USDT or Credit Card (VISA, MASTERCARD, AMEX).
Another-1 takes care of the design, manufacturing and production, NFC coding, embedding and shipping of physical products while Droplinked enables the product management, analytics, shop front displays, product tile embeddable units and checkout.
The Phygital solution will also enable UGC creators and Studios to improve the engagement of users in off-line event, using the “Flex2Earn” features available for the Another-1 NFC embedded items, a way to reward off-line engagement during conferences and events. A simple tap of the NFC by the assigned clerk triggers a blockchain transaction that rewards the wallet holding the paired NFT with $SAND or NFT airdrop.
Background and Context
Another-1 and Droplinked are working in tandem to open the access to phygital merchandising shops, to increase the adoption of NFC embedded wearables that can facilitate the onboarding of users and tracking the engagement both on-line and off-line, for a revolutionary new concept of reward and loyalty program and on-chain inventory.
The main elements that contribute to a successful implementation of the proposal are:
- Scalable Onchain Commerce: Leveraging Droplinked’s advanced commerce infrastructure for the Sandbox ecosystem;
- Security and Transparency: Utilizing blockchain technology for secure, transparent transactions and for the authentication of the products through the Digital Product Passport feature;
- Innovative Features: Incorporation of “Mint to Merch” for NFT creation on the network alongside with Another-1 powered physical merchandise;
- Broad Accessibility: Low-code and no-code tools for easy developer and user adoption;
- SMB/SME support: Providing developers, dApps and companies with inventory management records with shop tooling and commerce utility atop of the Sandbox;
- Existing off-the-shelf items: a catalogue of items available to produce with a zero-inventory and stock-management solution;
- Advanced experience in wearables and toys: a structured network of manufacturers for the production of the merchandise;
- Advanced logistic infrastructure: Capabilities in distribution and logistics to the end user.
Benefit of the solution:
Monetization for creators and companies using digital IP: tools to provide monetization for physical and digital items with immersive tools to sell and settle on-chain.
Inventory Attribution: Providing the ability to sell and settle trust-lessly whether it be for RWA assets, IP or physical inventory post production for supply chain attribution
Bridging Digital and Physical Commerce: Seamlessly integrating physical merchandise and digital goods or services with on-chain application tooling.
Ease of Use and Adoption: Simplifying the process of setting up on-chain shops in the SANDBOX to manage digital and physical assets with a portable inventory management system.
Elevate engagement: Allow users in joining off-line events with phygital merchandising and access to token-gated experience, linking the off-line interaction with in-game rewards. Creating a touch-point for a continuous interaction with the player during out-of-the-game activity.
Opportunity for the Sandbox ecosystem
Ecosystem Synergy: Our tools and features complement the SANBOX’S focus on scalability and efficiency to support the adoption of decentralized technologies for gaming, contributing to a more robust and versatile blockchain ecosystem that supports inventory management and distribution for primary and secondary sales in both the digital and physical world.
Enhancing Network Utilization and Efficiency: By bringing a diverse range of commerce activities onto the network, increasing transaction volume and network utility.
Innovative Commerce Solutions: “Mint to Merch” feature offers a unique approach to NFTs and production on-demand merchandise, potentially attracting new users and creators to the SANDBOX ecosystem.
Opportunity for the Creators:
Elevate Engagement: Providing to Creators community a tool of engagement with turning their in-game asset or NFTs into physical merchandising (free to claim or paid), through access to an existing library fully customizable.
Monetization opportunity: Create wearables and merch collection to promote the game IP and improve the community engagement.
User Retention: Trackability of user off-line interaction through the use of the phygital features of the merchandising for a personalized experience and a tailor-made reward system.
PROJECT MILESTONES
Milestone 1: SANDBOX Smart Contract Development and Integration Tools
Expected Completion Date: Weeks 1 - 2
Deliverables: Development of SANDBOX based smart contracts and an NPM library for integration.
Milestone 2: Third-party Commerce Services Integration for SANDBOX Commerce
Expected Completion Date: Weeks 3 - 5
Deliverables: Enhancement of the NPM library for third-party service integration within the SANDBOX.
KPIs: Number of third-party integrations completed, integration error rate.
Progress Measurement: Monitoring integration successes and addressing any integration errors or issues.
Milestone 3: Decentralized Inventory and Sales Management with Affiliate Tracking
Expected Completion Date: Weeks 5 - 7
Deliverables: Development of a frontend framework for a SANDBOX storefront and a DIMST system for on-chain product registration and affiliate tracking for primary goods, RWA assets and services.
Milestone 4: Phygital API
Expected Completion Date: Weeks 7-10
Deliverables: Third-party collection integration in the Phygital module, inclusion of $SAND as rewards in the Flex2Earn module.
Requested Funding Value: 135,000 SAND // $55k USDC
Development Resources: Dedicate developers for smart contract and integration tools for this development sprint.
Initial Research and Development: Conducting market analysis and technology research to adapt to the SANDBOX ecosystem.
Administrative and Operational Costs: Covering initial operational expenses including administrative or overhead costs and allocation towards any smart contract audit needed.
Four Main Milestones - Allocation of resources
Milestone 1: SANDBOX Smart Contract Development and Integration Tools = SAND 25,000
Technical Development: Costs associated with the development of the Sandbox based smart contracts and NPM library.
Quality Assurance: Resources for testing, ensuring and auditing the reliability of the deployed smart contracts and integration tools.
Documentation and Training Materials: Creation of comprehensive guides and materials for developer usage.
Milestone 2: Third-party Commerce Services Integrator = SAND 25,000
Integration Development: Expenses for enhancing the NPM library for third-party service integrations.
Partnership Management: Costs related to establishing and maintaining relationships with third-party service providers.
Testing and Optimization: Funds for rigorous testing of integrations and optimizing performance.
Milestone 3: Decentralized Inventory and Sales Management = SAND 45,000
Front-end Development: Costs for developing the user interface for SANDBOX Commerce storefronts.
Backend Infrastructure: Investment in backend systems for the DIMST system.
Delivering a SANDBOX Merch Shop website using droplinkeds infrastructure and application layer for onchain commerce, inventory rule set logic and payments.
Milestone 4: Phygital API = SAND 40,000
Backend Infrastructure: investment for integrating $SAND token as reward in the Flex2Earn module and allowing external collection to link NFT ID with NFC ID in Another-1 factory App.