Hashkey Grant Application

[InnaKoliasnikova]

Grant Type

Session 1

Email

inna@openbisea.com

Telegram

@Inna2012

X/Twitter Handle

https://x.com/innakoliasn

Discord/Community

inna08571

Previous Application

🏍️motoDEX is a project that is developing by leaps and bounds. The game has made a splash in the NFT market due to the following obvious advantages:

Just select a character and start the easy-to-follow gameplay. A simple plot combined with the drive of high-speed racing and colorful locations will attract fans of the classic genre of racing simulators to their screens.

Protecting financial transactions using smart contacts. The algorithm automatically transmits, tracks and updates data on funds that are pending with players. Refusal of the human factor when using modern technologies guarantees honesty and transparency of payments. Fair discrimination. Automatic price increases for new characters provide innovative motoDEX buyers with smart benefits at the contract level. The project guarantees investors who entered the game at the start of the project an advantage in monetizing their game progress.

A gaming economy that stimulates rising prices for NFT objects. The algorithm’s condition for increasing the cost of tracks and characters after each new sale ensures a stable increase in the cost of in-game items.

High liquidity with the possibility of obtaining excess profits. At the start of the project, players have a chance to increase their investment in the gameplay.

Code Audit

https://callisto.network/openbisea-v3-security-audit-report/

Project Information

1. Project Description and Objectives:
   MotoDEX is an innovative Play-to-Earn (P2E) blockchain game that combines high-speed motorbike racing with a dynamic NFT-based economy. The game offers players the opportunity to own, trade, and earn rewards through unique in-game assets such as motorcycles, tracks, and characters. MotoDEX aims to bridge the gap between traditional gamers and blockchain enthusiasts by providing a seamless, accessible, and engaging gaming experience.

Objectives:

Deliver high-speed racing gameplay integrated with blockchain technology.
Create a player-driven NFT marketplace for in-game assets.
Eliminate gas fees for users, ensuring smooth and affordable transactions.
Develop cross-chain interoperability to enhance liquidity and accessibility.
Build a sustainable gaming economy that rewards players and developers alike.
2. Success Potential:
MotoDEX is positioned to succeed due to the following factors:

Market Demand: The gaming industry is experiencing rapid growth, with Play-to-Earn models gaining significant traction among gamers and investors.
Unique Offering: MotoDEX targets action-oriented gamers, a largely underserved segment in blockchain gaming.
Technical Feasibility: MotoDEX utilizes scalable Layer 2 solutions, such as StarkNet and Metis, to ensure fast and cost-efficient transactions.
Team Capability: The MotoDEX team has extensive experience in blockchain development, gaming, and community engagement, ensuring the project's successful execution.
3. Mission Alignment:
MotoDEX aligns with Hashkey’s goals by:

Promoting Blockchain Adoption: Simplifying onboarding for Web2 gamers and introducing them to Web3 technologies.
Fostering Innovation: Leveraging cutting-edge blockchain technology to create a unique gaming ecosystem.
Empowering Developers: Providing tools and infrastructure to enable developers to build and monetize within the MotoDEX ecosystem.
4. Innovation:
MotoDEX stands out in the blockchain gaming space through its:

Gasless Transactions: Eliminating gas fees for in-game interactions, making the platform accessible and cost-effective for players.
Dynamic NFT Economy: Introducing a player-driven pricing model for NFTs, ensuring long-term engagement and value creation.
Cross-Chain Functionality: Allowing seamless movement of assets across multiple blockchain networks, enhancing user experience and liquidity.
High-Speed Gameplay: Offering fast-paced racing mechanics that cater to action-focused gamers, setting it apart from slower, turn-based blockchain games.
5. Is it Open Source?
MotoDEX’s core smart contracts and APIs will be open source, enabling transparency and fostering collaboration within the blockchain and gaming communities. Certain proprietary gameplay mechanics and features may remain closed to maintain a competitive edge.

6. Free or Fee-Based for End Users?
   MotoDEX is a free-to-play game with optional fee-based features, such as:

Purchasing premium NFTs (motorcycles, tracks, characters).
Entry fees for competitive tournaments.
Marketplace transactions with a minimal fee. These revenue streams ensure accessibility for all players while offering enhanced experiences for those who choose to invest.
7. Interoperability with Hashkey Ecosystem:
MotoDEX will integrate seamlessly with the Hashkey ecosystem by:

Utilizing Hashkey’s infrastructure for NFT and token management.
Collaborating with Hashkey’s partners to enhance cross-chain interoperability.
Expanding the ecosystem through shared resources, tools, and promotional campaigns. This partnership will strengthen the MotoDEX platform while adding value to the broader Hashkey ecosystem.

Market Analysis

Please provide the specific questions or aspects related to the Market Analysis you'd like me to address for MotoDEX, and I’ll create a detailed response tailored to the project. For example, typical questions might include:

Target Market: Who are your target users or audience segments?
Market Size and Trends: What is the size and growth potential of your target market?
Competitors: Who are your main competitors, and how do you differentiate yourself from them?
Challenges: What challenges or barriers exist in your market, and how do you plan to overcome them?
Opportunities: What opportunities exist for MotoDEX in the current market?

Recipient Address

0x1348Bac6059C46C290A7BB8083108eD5590cd510

Budget and Plan

1. Grant Size and Justification:
   We are requesting a grant of $100,000 to accelerate the development and launch of MotoDEX, an innovative blockchain-based Play-to-Earn (P2E) game. The funding will be used to support critical aspects of the project, including smart contract development, testing, marketplace integration, and initial marketing campaigns. This amount is justified by the need to ensure a successful platform launch, attract early users, and establish a sustainable gaming experience.

2. Project Execution Plan (Roadmap):
   Total Duration: 4 months

Milestone 1: Development and Deployment of Smart Contracts

Duration: 1 month
Deliverables:
Development and testing of smart contracts for game mechanics and NFTs.
Deployment of contracts on testnet and mainnet.
Budget: $30,000
Milestone 2: Marketplace Integration and Core Game Features

Duration: 1.5 months
Deliverables:
Implementation of the NFT marketplace for in-game asset trading.
Development of core gameplay mechanics (racing and asset management).
Budget: $40,000
Milestone 3: Marketing Campaign and User Acquisition

Duration: 1.5 months
Deliverables:
Execution of incentive campaigns (Galxe, TaskOn) to attract early users.
Creation of content for social media, tournament launches, and community growth.
Budget: $30,000
3. Token Distribution (Percentages and Initiatives):
MotoDEX will utilize its native tokens for rewards, governance, and in-game transactions. Token distribution is as follows:

Player Rewards: 50% — Rewards for races, tournaments, and staking.
Development and Maintenance: 20% — To support ongoing platform improvements.
Marketing and Community Growth: 20% — For user acquisition campaigns and partnerships.
Ecosystem Growth Fund: 10% — Reserved for future integrations and expansions.
4. Token Distribution Timeline:
Year 1: 50% of tokens distributed to incentivize early adopters and grow the community.
Year 2: 30% of tokens for long-term growth support.
Year 3: 20% of tokens to sustain and expand the ecosystem.
5. Post-Incentives Sustainability:
After utilizing the grant, MotoDEX will ensure long-term sustainability through:

Marketplace Fees: Small transaction fees for trading and upgrading in-game assets.
Tournaments: Entry fees and sponsorships for competitive events.
Staking: Players can lock tokens to earn rewards, contributing to ecosystem growth.
Subscriptions: Premium features and exclusive content for users.
These revenue streams will allow MotoDEX to remain independent while continuing to grow and innovate.

6. Additional Accountability Information (Smart Contract Addresses, Wallet Addresses, etc.):
   Smart Contract Addresses: To be shared upon deployment on testnet and mainnet.
   Grant Wallets: Dedicated wallets for managing grant funds will be made publicly available for transparency.
   Audits: All smart contracts will undergo third-party audits, with the reports published for community review.

Hashkey Relationship

1. Problem Solved for Hashkey
   MotoDEX addresses the challenges of limited user engagement and adoption within blockchain ecosystems. By providing a high-speed Play-to-Earn game with dynamic NFT integration, MotoDEX solves key issues:

Accessibility: Simplifies onboarding for non-blockchain gamers with user-friendly design and gasless transactions.
Ecosystem Liquidity: Drives high transaction volume and NFT liquidity, boosting activity on Hashkey’s infrastructure.
Mainstream Appeal: Attracts Web2 gamers, expanding Hashkey's reach to untapped audiences.
2. Value Proposition
MotoDEX offers a unique blend of thrilling gameplay, ownership opportunities, and economic rewards, making it a compelling addition to the Hashkey ecosystem:

Player Value: Gamers can own, trade, and monetize in-game assets while enjoying fast-paced, competitive gameplay.
Hashkey Ecosystem Value: Enhances transaction volume, NFT utility, and cross-chain interoperability within the Hashkey environment.
Developer Value: Provides a showcase of Hashkey's scalability and reliability, encouraging other projects to build on its infrastructure.
3. Growth Potential for Hashkey
MotoDEX has significant growth potential within the Hashkey ecosystem:

User Acquisition: Projected to attract over 100,000 active users within the first year, driving significant on-chain activity.
Market Expansion: By appealing to Web2 and Web3 gamers alike, MotoDEX expands the target audience for Hashkey.
Ecosystem Adoption: MotoDEX’s cross-chain and NFT marketplace functionalities encourage adoption of Hashkey’s tools by other projects and developers.
4. Commitment to Building on Hashkey
MotoDEX is dedicated to leveraging Hashkey’s infrastructure to ensure scalability, security, and seamless functionality:

Integration with Hashkey Tools: Utilizing Hashkey’s robust developer tools and APIs for efficient deployment and scalability.
Long-Term Collaboration: Committed to maintaining and expanding the MotoDEX platform on Hashkey, ensuring continuous growth and innovation.
Community Engagement: Actively collaborating with the Hashkey community to promote adoption and enhance the ecosystem.
5. Deployment Status
Current Status: MotoDEX has completed the development of core smart contracts for NFT minting and gameplay mechanics. The project is in the integration and testing phase.
Next Steps: Deployment of the platform on Hashkey’s testnet and subsequent rollout to the mainnet for a full launch within the next 5 months.
Marketing Readiness: Community-building and marketing campaigns are being prepared to coincide with the launch, ensuring strong initial traction.

Milestones

Development Roadmap
Milestone Summary
Total Estimated Duration: 5 months
Full-Time Equivalent (FTE): 6 FTE
Total Costs: 100,000 USD
Milestone 1: Implement and Deploy Smart Contract
Estimated Duration: 3 weeks
FTE: 1
Costs: 15,000 USD
Deliverables:

License: Unlicense
Documentation:
Provide inline documentation of the code.
Deliver a basic tutorial explaining how users can interact with smart contracts directly.
Smart Contract Development:
Write and deploy the main game contract and NFT contract on both testnet and mainnet.
Milestone 2: Integration with https://app.motodex.dexstudios.games/
Estimated Duration: 1 month
FTE: 1
Costs: 25,000 USD
Deliverables:

License: Unlicense
Documentation:
Inline documentation of the code.
Tutorial explaining how users can buy Moto NFTs, play, and bid.
Testing:
Cover core functions with robust tests to ensure functionality and reliability.
Article:
Publish a workshop or article on buying Moto NFTs, playing, and bidding.
UI Functionality:
Add features to the app for buying Moto NFTs, participating in gameplay, and bidding.
Milestone 3: Post-Launch Marketing
Estimated Duration: 3 months
FTE: 4
Costs: 60,000 USD
Deliverables:

Article:
Publish a workshop explaining how to play the game.
Announcements:
Promote the platform via social channels:
Twitter
Telegram
Discord
Incentive Campaigns:
Leverage Galxe and other marketing channels to reach 150,000+ transactions and 30,000+ unique active wallets (UAW) per month.
Detailed Incentive Budget:
Galxe (Social Media Incentives): $10,000
Reward users for following Twitter, LinkedIn, and Telegram over one month.
Galxe (First-Player Incentives): $10,000
Attract new players with initial gameplay rewards for one month.
Player Competitions and Rewards: $20,000
Host tournaments, competitions, and double-reward campaigns for existing players.
Community Engagement (AMA, Retweets, Posts): $20,000
Boost community engagement through AMAs, social media activities, and promotional events.
Future Plans
Q1 2024:
Official release of MotoDEX and dexGO with a target of 100,000+ active players.
Q4 2024:
Enter the Top-10 NFT games with over 1,000,000 active users.
Q4 2025:
Establish MotoDEX as a Top-10 Play-to-Earn market project with a projected valuation of $3 billion.

Terms Confirmation

• I confirm that all information provided is true and accurate
• I understand and agree to comply with the grant policies
• I understand the KYC requirements
• I confirm token distribution complies with legal requirements