Zain
Crypto projects primarily use airdrops as a marketing and brand awareness tool.
Based on our research and personal participation in airdrops, we have identified common steps required to claim airdrop rewards, such as:
We have integrated these common airdrop requirements into Dropzey, ensuring that users must complete these steps to claim their rewards. This makes the airdrop process more structured and effective for marketing and brand awareness.
Furthermore, we have integrated participant eligibility options like gender and location. This feature allows airdrop creators to target specific audiences, creating a more focused and relevant airdrop campaign.
These advanced eligibility options are typically not available on other airdrop platforms or telegram channels, giving Dropzey a unique edge in offering a more customized and effective airdrop experience.
By incorporating these features, Dropzey provides a comprehensive solution for airdrop creators to maximize their outreach and engagement with the right audience.
In the future, we plan to integrate more airdrop requirement options based on community feedback. This will ensure that:
Kind of Projects and How Dropzey Helps in Future:
DeFi Platforms:
How Dropzey will help: DeFi platforms can leverage airdrops to incentivize users for activities such as liquidity provision, staking, and lending. This helps increase user participation and liquidity on their platforms, fostering a more dynamic and engaged community.
New Token Launches:
How Dropzey will help: New projects can utilize Dropzey to distribute tokens widely during their launch phase. By reaching a broad audience, these projects can create a diverse base of token holders, increasing awareness and adoption right from the start.
DApps (Decentralized Applications):
How Dropzey will help: DApp developers can use airdrops to reward users for interacting with their applications, completing specific tasks, or achieving milestones. This drives user engagement, helps the dApp gain traction, and fosters a loyal user base.
Governance Tokens:
How Dropzey will help: Projects with governance tokens can airdrop tokens to active community members who participate in governance votes or discussions. This encourages active involvement in the project's decision-making process and strengthens community governance.
By leveraging Dropzey’s platform, Stellar projects can effectively use airdrops as a strategic tool to boost engagement, enhance liquidity, and build a robust, dynamic ecosystem. This approach not only increases project visibility but also strengthens community involvement and overall ecosystem growth.
By focusing on these areas, Dropzey addresses real-world needs and prioritizes the safety and security of all stakeholders involved, making it a valuable addition to the Stellar blockchain community.
The integration of Soroban smart contracts with Dropzey paves the way for more interactive and engaging airdrop campaigns. This connection will enable a deeper level of participant interaction, enhancing the overall effectiveness of airdrop initiatives.
Future Integration Plans:
API Development: Dropzey plans to develop an API to interact with the project's website. This API will track airdrop participant actions, ensuring they complete required steps to qualify for rewards.
Action Verification: The API will communicate with Soroban smart contracts, sending real-time responses about participant activities. The smart contract will verify each action taken by the airdrop participant.
Instant Rewards: Once all actions and steps are completed by the participant, the Soroban smart contract will automatically release the airdrop reward instantly. This ensures a seamless and efficient reward distribution process.
Enhanced Interactivity: These interactive options will go beyond the current requirements of following on Twitter, Discord, subscribing on YouTube, and engaging with YouTube content. Participants might need to sign up on the project's website or perform other specific actions.
Improved Engagement: By requiring more meaningful interactions, Dropzey ensures that participants are genuinely engaged with the project, leading to a more committed and active community.
Benefits:
In summary, by highlighting the connection with Soroban for more interactive airdrop options, Dropzey demonstrates its commitment to innovation and community engagement. This integration will provide a more dynamic and effective airdrop experience, benefiting both project creators and participants.
We have carefully revisited our budgetary considerations to align with the current stage of the project and ensure efficient use of resources moving forward.
As we are in the development stage, our primary focus is on building a robust platform that meets the needs of our users. Metrics such as Daily Active Users (DAU) and Monthly Active Users (MAU) will be tracked post-launch to validate our platform's impact and scalability.
Dropzey is an innovative airdrop management platform that leverages the power of Stellar and Soroban Smart Contracts to streamline airdrop creation, enforce eligibility criteria, verify engagement actions, and automate token return, revolutionizing the way project creators and participants interact with airdrops.
Airdrop Participants Eligibility and Verification Complexity: Dropzey ensures that only genuine individuals can participate in airdrops by verifying their phone numbers. To prevent fraudulent activities, Dropzey mandates users to link their social media accounts before joining.
Enhancing Token Utility and Transparency: Dropzey ensures comprehensive transparency by enabling airdrop creators to provide extensive project details, including social media profiles, websites, introductory videos, and other project-specific information. This transparency enables participants to assess the project's value and relevance, thereby increasing engagement and participation.
Automated Token Distribution: By leveraging the capabilities of Stellar and Soroban, Dropzey automates the airdrop reward tokens distribution process. Upon meeting airdrop requirements, participants receive their rewards instantly from the stellar wallet (escrow account), eliminating the need for manual airdrop reward tokens distribution by creators. This streamlined process reduces errors and delays, offering a seamless experience for participants.
Addressing Airdrop Marketing and Promotion Challenges: As a centralized hub for cryptocurrency project airdrops, Dropzey provides an efficient platform for creators to promote their airdrop campaigns. This centralized space increases visibility and engagement, enabling projects to reach a broader and more engaged audience within the competitive cryptocurrency industry. By leveraging Dropzey's platform, crypto project owners gain a strategic advantage in promoting their initiatives. They can effectively showcase their airdrop campaigns to a targeted audience, ensuring greater exposure and engagement.
Imagine airdrops flowing smoothly, securely, and efficiently. That's the magic of Dropzey, Soroban, and Stellar working in harmony. Let's dive into how these technologies orchestrate a flawless airdrop symphony
Deposit XLM and Airdrop Reward Tokens (Milestone achieve in activation award): When a user creates an airdrop, a Soroban smart contract will initiate and a stellar wallet (escrow account) will be designated
Establish Trustline (Milestone achieve in activation award): The smart contract will initiate a transaction to establish the trustline in the Stellar wallet(escrow account) before depositing airdrop reward tokens in it.
Define Airdrop Eligibility and Requirements (Milestone achieve in activation award): The Soroban smart contract will clearly state who can join the airdrop and what they need to do. It will list the specific things participants must do to claim airdrop reward tokens.
Determine Individual Rewards: The amount of reward each participant receives, as entered by the user in the form, will be set in the Soroban smart contract.
Distribution of Rewards: Participants visiting the airdrop page will first create a trustline for the reward token. After completing the airdrop steps and meeting eligibility criteria, they click the claim reward button. The Soroban smart contract then calculates and allocates the reward, transferring the tokens instantly to their Stellar wallet addresses.
Returning Remaining XLM and Tokens: When the airdrop ends, the smart contract will initiate and any remaining XLM or airdrop reward tokens in the stellar wallet (escrow account) will return to the initial stellar wallet address (the Airdrop creator's wallet address) from which the stellar wallet (escrow account) initially received these assets through payment operation.
Automated Airdrop Distribution:
Current Gap: There is no automated airdrop distribution platform on the Stellar blockchain.
Dropzey Solution: Automates the entire airdrop process, ensuring accurate, secure, and instant token distribution.
Simplified Verification Process:
Current Issue: Verifying participant eligibility manually is inefficient and error-prone.
Dropzey Solution: Automates eligibility checks based on predefined criteria, reducing fraudulent entries.
Real-Time Rewards:
Current Problem: Manual distribution of rewards can lead to delays.
Dropzey Solution: Instantly distributes rewards upon meeting airdrop requirements, enhancing user satisfaction.
Transparency and Trust:
Current Challenge: Lack of transparency in manual processes.
Dropzey Solution: Provides transparent airdrop processes, building trust within the community.
[Deliverable 1]: Airdrop Reward Token Trustline and Distribution Module
Brief Description: Developing a module that requires users to create a trustline for the airdrop reward token. The implementation includes backend development and the integration of Soroban smart contracts to verify participant eligibility and campaign completion. Additionally, Soroban smart contracts will be configured to calculate and allocate rewards. To ensure user authentication, phone number verification will also be integrated into the system.
How to measure: This deliverable will be completed when the trustline module is successfully developed, deployed, and live on the website. The backend and Soroban smart contracts must verify participant eligibility and campaign completion, accurately calculate and allocate rewards, and integrate phone number verification for user authentication
Estimated time of completion: 8 weeks after award receipt.
Budget: $15,500
[Deliverable 2]: Token Transfer and Frontend Revenue Model Integration
Brief description: Develop Soroban smart contracts and backend to transfer tokens from the Stellar wallet, allocating airdrop rewards to escrow accounts, and subsequently to participant Stellar wallets. Implement Soroban smart contracts and backend to return unused airdrop tokens from escrow to the airdrop creator's wallet. Develop the front end for the revenue model and enhance and update the mobile web interface.
How to measure: This deliverable will be considered complete when the Soroban smart contracts and backend successfully transfer tokens from the Stellar wallet to participant wallets and return unused airdrop tokens to the creator's wallet. The revenue model frontend must be fully developed and integrated, while the mobile web interface should be enhanced and updated, providing an improved user experience.
Estimated time of completion: 6 weeks after award receipt.
Budget: $11,000
[Deliverable 3]: Quality Assurance and Optimization
Brief description: Conduct a thorough Quality Assurance (QA) and Security Audit of all features, functionalities, smart contracts, social media APIs, and mobile web testing. Optimize code for efficiency and performance. Improve mobile and web speed optimization.
How to measure: The completion of this deliverable will be assessed through several key indicators. Firstly, a comprehensive Quality Assurance (QA) and Security Audit will be conducted, scrutinizing all features, functionalities, smart contracts, and social media APIs to ensure they meet stringent quality and security standards. Additionally, thorough mobile web testing will be carried out to identify and address any potential issues. Code optimization efforts will be evaluated based on improvements in efficiency and performance. Furthermore, mobile and web speed optimization will be assessed based on measurable improvements in loading times and overall user experience.
Estimated time of completion: 10 weeks after award receipt.
Budget: $13,500
By following this comprehensive roadmap, Dropzey aims to become the go-to platform for airdrop campaigns, providing unparalleled value to both project creators and participants while fostering the growth of the Stellar blockchain ecosystem.
Syed Zain Haider
CEO, Full Stack Developer
I'm Software Engineering and dedicated Laravel Developer with a deep passion for innovation. With a track record of successfully developing blockchain products within the Stellar ecosystem, I bring over 4 years of extensive experience as a software and web developer. My journey into the world of cryptocurrency began in 2017, and since then, I've been captivated by the possibilities of innovation, decentralization, and the transformative potential of blockchain technology. My commitment lies in creating open-source tools that contribute to the success of Soroban and Stellar, while actively fostering a thriving community around this dynamic platform.
Abdul Ghani Chishti
Software Engineer
I'm a Laravel developer with over two years of experience. I have developed and maintained different applications using PHP, JavaScript, Ajax, and jQuery. I always loved working with a technically strong team where I could solve complex problems with a good balance of freedom and responsibility.