IvorieChat, a chat-to-earn platform [Quadratic Funding Round #1]

Proposal Title: [Quadratic Funding Round #1] IvorieChat

Application Questions:

Please provide an overview of the project:
IvorieChat (www.ivoriechat.com) is a pioneering chat-to-earn platform designed to revolutionize the way people interact online by transforming casual conversations into lucrative opportunities. Our vision is to create a vibrant ecosystem where individuals can connect, engage, and earn money through meaningful dialogues.

Please explain how your project meets the round eligibility criteria:
IvorieChat harnesses the power of blockchain technology to offer users a secure and transparent environment for communication and monetization. Through our innovative chat monetization framework, users can earn cryptocurrency rewards for their active participation and valuable communications with others.

With an intuitive and user interface, IvorieChat offers a seamless chatting experience for users of all backgrounds and encourages prolonged engagement. Our platform prioritizes privacy and security, ensuring that every user feels safe and empowered to express themselves freely.

IvorieChat operates on a fair and transparent revenue-sharing model. Users on the platform have the option to offer their time and expertise for paid chat services. They can set their own rates for engaging in conversations with other users based on factors such as their expertise, popularity, and demand for their services. Those offering chat services have the flexibility to set their own prices for their time and expertise. They charge a flat rate per minute/hour of conversation. For each paid chat session facilitated through the platform, the platform charges a commission fee of 5%-10% on the total transaction amount, deducted from the seller’s earnings and retained by the platform as revenue. IvorieChat ensures transparency by automating payment processing, and other transaction-related activities through smart contracts. Our platform also inspires users’ trust by clearly displaying the rates for chat services, along with the corresponding commission fee charged by the platform.Users earn cryptocurrency rewards based on their level of engagement, fostering a sense of ownership and incentivizing active participation.

To incentivize users to offer high-quality chat services and attract more users, IvorieChat offers additional features and tools such as profile customization, promotional opportunities. It also incorporates a user rating and review system where users can rate and provide feedback on their chat experiences. Positive reviews and high ratings can boost a user’s visibility and reputation on the platform, leading to increased demand for their services.

IvorieChat plans to offer optional subscription plans for sellers who wish to access premium features or services. These subscription plans may include benefits such as reduced commission rates, priority support, or enhanced visibility in search results.

How does your project benefit the Avalanche Ecosystem? Please mention any existing or upcoming partnerships:
IvorieChat is aligned with the core values and objectives of Avalanche Foundation, leveraging blockchain technology to promote financial inclusion, empower individuals, and advance the principles of decentralization. Our project complements the foundation’s mission by democratizing access to economic opportunities and fostering innovation in the crypto space. It also aligns with the broader goals of driving cryptocurrency adoption, expanding the use cases of blockchain technology, and fostering community-driven innovation and engagement.

  1. Facilitating paid chat sessions on the blockchain generates significant transaction volume. Increased transaction volume contributes to network security and validates the utility of the underlying cryptocurrency as a medium of exchange.
  2. It also diversifies the use cases of the blockchain ecosystem beyond traditional financial transactions. It showcases the versatility of blockchain technology in enabling various forms of value exchange and incentivizing user engagement in non-financial activities.
  3. At the heart of IvorieChat is a vibrant and engaged community of users who drive the platform’s growth and evolution. We prioritize community feedback, moderation, and governance, fostering a supportive and inclusive environment where everyone’s voice is heard and valued.

IvorieChat is more than just a platform for idle chatter; it’s a catalyst for positive social change. By democratizing access to earning opportunities, we empower individuals from diverse backgrounds to supplement their income and achieve financial independence.

  1. Income Generation: IvorieChat provides opportunities for a variety of individuals to generate income. For those without stable income or traditional employment opportunities, they can earn money through engaging in conversations on the platform. This can serve as a supplementary income source, helping them meet their financial needs and improve their quality of life. For retirees who face financial challenges due to fixed pensions or reduced savings, IvorieChat provides a flexible and accessible way to earn additional money to support their lifestyle or cover unexpected expenses.
  2. Flexibility and Accessibility: IvorieChat offers flexible earning opportunities that can be accessed from anywhere with an internet connection. This makes it particularly beneficial for individuals with mobility constraints or caregiving responsibilities who may find it challenging to engage in traditional forms of employment. In addition, many people value flexibility in how they spend their time, and IvorieChat accommodates this by allowing users to chat and earn at their own pace, whenever and wherever they choose. This flexibility is especially appealing to people who want to maintain a sense of independence and autonomy in their daily lives.
  3. Financial Inclusion: By leveraging cryptocurrency rewards, IvorieChat promotes financial inclusion by enabling individuals without access to traditional banking services to participate in the digital economy. Users can receive payments directly into their digital wallets, bypassing the need for a bank account.
  4. Skill Development: Engaging in conversations on IvorieChat can also facilitate skill development and knowledge acquisition. Users may gain valuable insights, expand their network, and enhance their communication skills, which can be beneficial for personal and professional growth.
  5. Community Support: IvorieChat fosters a supportive and inclusive community where users can connect with like-minded individuals, share experiences, and provide mutual support. This sense of community can be particularly valuable for those facing social isolation or marginalization.

Social Engagement: For retirees, who often find themselves with more free time but fewer opportunities for social interaction, IvorieChat provides a platform for retirees to engage in meaningful conversations with others, fostering connections, combating loneliness, and maintaining mental acuity.

Hold old is the project?
Less then 1 year.

Please outline any prior funding sources:

  • Total prior funding in USD: NA
  • Grants: NA
  • VC: NA
  • Token Launch: NA
  • Sales: NA

Please provide a link to your public group chat (Discord or Telegram) if applicable:
NA

Is there anything else you’d like to share about your project, previous work, or other affiliations?
We are committed to delivering a world-class platform that exceeds user expectations and drives lasting impact. The website development phase has been successfully completed, marking a pivotal step forward in our journey towards creating a great product for the crypto community. Building upon this achievement, we have commenced development on our native Android and iOS mobile applications, which are planned for launch in Q3 2024.

Telegram Handle (you can answer N/A):
NA

Profiles or socials of other main team members publicly associated with the project:
The IvorieChat team comprises seasoned professionals with extensive experience in blockchain development, application development, user experience design, and community management. With a track record of successful projects and a shared passion for driving positive change, our team is committed to realizing the full potential of IvorieChat.

Team lead: DukeCaesar (George Qing) · GitHub

Email Address(es):
contact@ivoriechat.com

Payout Wallet Address (Payment on Avalanche C-Chain):
0x7Df74BD480ee716196Fa24203Af134aA00B6b479

2 Likes

Any comment about the product is highly appreciated. :smiley:

Hi @DukeCaesar, IvorieChat is definitely interesting. I’ll try it out later today, just admitted you into the round, hopefully the community validates what you’re building!

thanks for your approval. hope we can work together and make AVAX a better place for all the wonderful web3 advocates.

1 Like