[Phase 1 Proposal] Optimism Mint

Project Name: Optimism Mint

Author Name: Bernard.O

L2 Recipient Address:

Grant Category: NFTs ,Collectives

Is this proposal applicable to a specific committee? [y/n, link to committee] NFTs, Collectives?

Project description

Optimism Mint is a Decentralized application that makes it possible to Deploy and Mint NFTs with Just a few clicks,
it makes NFTs Deployment very easy there wouldn’t be need for The user learning Solidity or any Programming.

-Optimism is a great blockchain with alot of utilities,It scalability and low gas fee is are advantages it has over
other blockchains this will be a good blockchain for NFTs ,Collectives and Gaming, Optimism Mint has made it esy for artist and art collectors .

  • Optimism Mint makes it easy for art collectors to mint any optimism NFTs Deployed on optimism mint.

  • Optimism Mint make things easy for artists and builders to Deploy there NFTs and Artworks without the help of a third party.

Project links:

Relevant Usage Metrics:

Is this project be open sourced? Yes

Optimism native?: The protocol is deployed on Optimism.

Date of deployment/expected deployment on Optimism: The protocol deployed on Optimism around Jan of 2023.

Ecosystem Value Proposition:

  • What is the problem statement this proposal hopes to solve for the Optimism ecosystem?

Optimism Mint solves Scalability: It makes it easy and cheap to deploy NFTs contract removing the middleman thats making NFTs Minting on Optimism Decentralized.

  • How does your proposal offer a value proposition solving the above problem?
    Optimism Mint makes NFTs Depolyment and Minting More Decentralized and cheap.

  • Why will this solution be a source of growth for the Optimism ecosystem?

The solution provided Above will help increase the numbers of Artist,Collectors and builders to Optimism which would lead to increase
in transaction and activity on Optimism blockchain that means more money for everyone .

Has your project previously applied for an OP grant?

N0

Number of OP tokens requested: 10k OP

Did the project apply for or receive OP tokens through the Foundation Partner Fund?: No

How much will your project match in co-incentives?

The project will airdrop the first 10 collection addresses Optimism Mint NFTs which would be worth $50 each.

Optimism alignment (up to 200 word explanation):

Optimism Mint is Deployed on Optimism

Please provide any additional information that will facilitate accountability:

You can check our twitter and linkedn profile

https://twitter.com/Bernard_O1

Proposal for token distribution (under 1000 words):
NFTs requires Marketing and good beautiful art works therefore Optimism Mint is going to be needing that also, When doing Marketing
the right people will be contacted, the best influencers and best web3 and web 2 artist are going to be contacted.
with great people like this will have unboarded abot 20k people into Optimism Ecosystem.

Collector are the Final consumers and needs to be satisfied so they’ll come back for more, They’ll recieve optimism Mint NFTs and would be able to trade
it on the marketplace, 50% of the Op tokens recieved will be used to make sure the value ofbthe NFTs are above $100 each this would make users happy and come back for more.

Artist and Buiders 10% of the Op tokens recived would be given to the artist and Builders who have deployed NFTs on Optimism throuh Optimism Mint

How will the OP tokens be distributed?

40% for Marketing.

50% for Incentives For Collectors.

10% for Incentive For Artist .

.

How will this distribution incentivize usage and liquidity on Optimism?

This will be a form of Marketing to the world, It would attract alot of people to Optimis and Optimism Mint that they wouldn’t forget Optimism

Over what period of time will the tokens be distributed?

The planned incentive period will be between 2-4 months.

  • Liquidity Incentives : 1 to 2 months Marketing to blockchain users.
  • Incentives for Artist: 2-4 months Incentives to Artist and builders who have utilized the Dapp.
  • Incentive for Collectors: 2 to 4 months Incentives to collectors and Minters of NFTS on the Dapp.

Why will the incentivized users and liquidity remain after incentives dry up?

Please let us know if you have any questions, or if you have feedback. We’d love to hear from you!

10 Likes

Great job!!! Optimism needs more tooling like this and happy to see you building on OP chain !!

Have the contracts for the dapp been audited?

1 Like

Not yet still undergoing some changes

1 Like

Awesome keep up the good work!

This post was marked for Cycle 8. If it is intended to be included in Cycle 10, please reform the post to be consistent with the Season 3 template. Please also make sure the application is consistent with the parameters for Season 3 (no sale rule for Growth Experiments, 1-year lockup for Builders).

Please also note that the deadline for edits is 19:00 GMT on Feb 6.