Dropzey
SCF #22 Activation Award Marketplace $38,500 View in SCF
Decentralized Airdrop Hub on Stellar Network. Create, manage, and participate in airdrops, with transparency and efficiency.
Team

Zain

Progress on Previous (Awarded) Submissions

Previously, our project, "TokenGlide," received feedback from reviewers indicating that the platform wasn't contributing significant value to the Stellar community. It primarily focused on simplifying the utilization of Stellar features without actively advancing the network.

In response, we have introduced a groundbreaking project named "Dropzey." As the inaugural platform on the Stellar blockchain, Dropzey addresses the challenges faced by airdrop participants and creators. Its innovative approach significantly enriches the Stellar ecosystem.

Dropzey stands as a revolutionary platform that redefines the airdrop experience through the automation of critical processes such as airdrop creation, participant facilitation, and instant token distribution.

Deliverables List

[Deliverable 1]

  • Brief description: Database designing and deployment, UI/UX design for remaining pages and popups, Stellar Integration and Connecting Wallet using freighter wallet extension, and Enhancing mobile interface.
  • How to measure: Github or Website
  • Estimated time of completion: 2 weeks
  • Budget: $10,500

[Deliverable 2]

  • Brief description: Design and development of user login/registration, Back-end development for user profiles, and Integration of Social media APIs.
  • How to measure: Github or Website
  • Estimated time of completion: 2 weeks
  • Budget: $13,500

[Deliverable 3 Backend Development]

  • Brief description: Implementation of Airdrop Creation and token reservation using Stellar and Soroban smart contracts, Activity Explorer Page development.
  • How to measure: Github or Website
  • Estimated time of completion: 2 weeks
  • Budget: $14,500

Total Expected Roadmap

[Deliverable 4 Backend Development]

  • Verifying participant's eligibility and requirements to participate in airdrops

  • Airdrop reward claiming and token distribution with stellar and soroban smart contract integration
  • How to measure: Github or Website
  • Estimated time of completion: 4 weeks
  • Budget: $15,000

[Deliverable 5]

  • Complete Automated Token Return Process with stellar and soroban smart contract integration, Revenue model frontend and functionality integration
  • How to measure: Github or Website
  • Estimated time of completion: 5 weeks
  • Budget: $15,000

[Deliverable 6]

  • Final QA and Audit of all features, functionalities, smart contracts, and APIs
  • How to measure: Github or Website
  • Estimated time of completion: 2 weeks
  • Budget: $10,000

Video URL

https://www.youtube.com/watch?v=waE3K8QYquU

Pitch Deck URL

https://drive.google.com/file/d/1t5Cr7Dho7pe_a9lGlzMTgzAjYAvZJsNV/view?usp=sharing

Project Categories

Project Type [If End-User Applications]

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Product & Architecture

Dropzey Introduction: 

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.

Dropzey's user-friendly interface and seamless integration with Stellar and Soroban Smart Contracts make it an ideal platform for both experienced and novice project creators. With Dropzey, creators can effortlessly initiate and manage airdrop campaigns, ensuring that airdrop reward tokens are distributed efficiently, fairly, and securely.

Dropzey streamlines the airdrop process by removing the waiting period for participants to receive airdrop reward tokens. Additionally, it addresses the issue of trust by allowing participants to assess a project's credibility through the visibility of the project's social media accounts or website. This transparency in verifying project information fosters trust among participants, enabling them to engage confidently in airdrop campaigns.

Problems Dropzey Solves:

  1. 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. Once linked, these social media accounts are permitted to update on the platform only twice a month, preventing the utilization of multiple accounts for the same airdrop. This stringent verification process ensures that only authentic users can participate, mitigating fake or dishonest behavior. Moreover, this solution helps crypto project owners build their community with a verified audience, fostering trust and credibility within their ecosystem.

  2. 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. Through this approach, airdrop participants can make informed decisions, confidently identifying projects that resonate with their interests and align with their goals, ultimately fostering increased engagement and active participation.

  3. Automated Token Distribution: By leveraging the capabilities of Stellar and Soroban, Dropzey automates the airdrop tokens distribution process. Upon meeting airdrop requirements, participants receive their rewards instantly from the reserve tokens wallet, eliminating the need for manual airdrop reward tokens distribution by creators. This streamlined process reduces errors and delays, offering a seamless experience for participants.

  4. 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. 

How it Works with Soroban Smart Contract:

Dropzey's innovative airdrop management platform leverages the power of Soroban Smart Contracts to revolutionize the way project creators and participants interact with airdrops. Soroban Smart Contracts, deployed on the Stellar blockchain, provide a secure and efficient foundation for managing token distribution, ensuring transparency, automation, and security throughout the airdrop process.

  • Automated Airdrop Creation: Dropzey's seamless integration with Soroban Smart Contracts empowers project creators to automate airdrop creation and Reserving Tokens, ensuring efficiency and security. With the Reserving Tokens feature, creators can allocate total airdrop tokens to a reserve wallet for the airdrop, ensuring that the required funds are readily available. 
  • Automated Token Return: Upon completion of an airdrop campaign, any unclaimed tokens are automatically returned to the creator's wallet from the reserve wallet using Soroban Smart Contracts. This eliminates the need for manual token retrieval and ensures that all tokens are accounted for.
  • Automated Token Distribution: Leveraging Soroban Smart Contracts, Dropzey facilitates secure and efficient token distribution. The smart contracts manage the entire token distribution process, meticulously verifying eligibility criteria and engagement actions set by creators. This meticulous verification ensures accurate and fair airdrop reward token distribution among participants. By automating this process, Dropzey significantly reduces the potential for errors, thereby saving time and resources for both creators and participants involved in the airdrop campaign.

Dropzey Key Features:

  1. Automated Airdrop Creation: Dropzey streamlines the airdrop creation process, allowing project creators to easily initiate and manage campaigns. Stellar and Soroban Smart contracts automate token distribution from the reserve tokens wallet, reducing the manual effort and cost associated with traditional airdrop methods.
  2. Eligibility Criteria: Dropzey offers creators the flexibility to define precise eligibility criteria for airdrop participants. These criteria encompass various parameters such as verified phone number, user activities, geographical location, or other pertinent requirements. By tailoring these criteria, creators can ensure that only individuals meeting the specified conditions can join the airdrop campaigns, guaranteeing a more targeted and relevant audience participation.
  3. Reserving Tokens: Dropzey's Reserving Tokens feature allows project creators to set aside a dedicated pool of tokens from their reserve wallet for an airdrop campaign. This ensures that the required funds are readily available for distribution, streamlining the airdrop process and reducing the risk of errors.

  4. Engagement Actions: Airdrop requirements are customizable, encouraging participants to engage with the project beyond the airdrop. Actions can include following social media accounts, or other project-specific activities.
  5. Automated Token Return: After an airdrop campaign ends, any remaining tokens in the reserve wallet are automatically sent back to the creator's connected wallet, reducing the need for manual token retrieval.
  6. Soroban Integration: The platform integrates Soroban smart contracts for airdrop automation, reserving airdrop tokens, automated token return, enhancing transparency and security throughout the airdrop creation to airdrop reward tokens distribution process.
  7. User-Friendly Interface: Dropzey provides a user-friendly web application, making it easy for both airdrop creators and participants to navigate and utilize the platform effectively.
  8. Responsive Design: The frontend of Dropzey is designed for responsiveness, ensuring that users have a consistent and visually appealing experience on various devices and screen sizes.

Dropzey Revenue Model:

  1. Featured Airdrops: Dropzey will generate revenue by offering creators the option to highlight their airdrops as "Featured." This premium service provides enhanced visibility, increased prominence on the platform, and prioritized exposure to the audience, attracting fees from project creators seeking more extensive outreach.

  2. Banner Advertising and Partnerships: Dropzey will monetize its platform by offering banner advertising space to projects or related businesses seeking visibility. Additionally, partnerships with cryptocurrency-related services or products for promotion can generate revenue through collaboration fees or commissions.

  3. Referral Programs: Introducing referral programs can be a revenue-generating strategy. Dropzey will incentivize users to invite new participants to airdrops or the platform itself, earning commissions or rewards based on successful referrals, driving user acquisition and engagement while generating income.

Our Current Progress:

We are excited to share that significant progress has been made on our platform's development journey. At this stage, our focus has been on crafting and finalizing the frontend design. This accomplishment marks a significant milestone in our project's development timeline, showcasing the meticulous attention to detail and user-centric approach taken in creating an intuitive and visually engaging user interface.

While our website is live, it's important to note that a few pages are still undergoing development. Our dedicated team is actively working on these remaining sections to ensure consistency and seamless functionality across the entire platform.

This progress brings us closer to our goal of delivering a comprehensive and immersive user experience. We are thrilled with the strides made thus far and eagerly anticipate unveiling the complete platform soon

Technical Architecture Doc

https://drive.google.com/drive/folders/1FUNZy-KI5WPX4Ebg0w9k7sGY0CxazBi-

Project URL

https://dropzey.com/

Code URL

https://github.com/zainh332/dropzey

Requested Budget in USD ($)

38500

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Team bio

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.

LinkedIn / GitHub

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.

LinkedIn

Our combined skills in software engineering, blockchain technology, and application development culminate in a unified vision aimed at propelling Dropzey forward.