If you have any doubts about the questions below, please reach out to anyone on the ZOMG on the Zcash forums.
Description of Problem or Opportunity
In addition to describing the problem/opportunity, please give a sense of how serious or urgent of a need you believe this to be. What evidence do you have? What validation have you already done, or how do you think you could validate this?
Problem : Crypto as of now is still at an early stage especially in the aspect of ubiquitous tokenized privacy. Many do not know about ZCash or it’s functionality due to a lack of exposure and zeal. Opportunity: MuZEC app (muzec.com) will bridge that lack of zeal and exposure and make ZCash even more ubiquitous with its given use-case: a platform built on top of the ZCash network for artists with implemented uses for the ZEC earned and/or deposited.
Describe the solution at a high level. Please be specific about who the users and stakeholders are and how they would interact with your solution. E.g. retail ZEC holders, Zcash core devs, wallet devs, DeFi users, potential Zcash community participants.
Artists and supporters of crypto and everything art from around the world will be joined together on the MuZEC app/site for a user-friendly experience where users/creators can not only earn, deposit, stake and transfer/swap ZEC, but enjoy streaming Music, Videos and obtaining images/gifs/NFT’s through purchase from the content creators.
What is the exact form of the deliverable you’re creating? E.g. code shipped within the zcashd and zebra code bases, a website, a feature within a wallet, a text/markdown file, user manuals, etc.
Solution format: Website Application Wallet integration (browser extension) Bridge to defi wraps: renZEC
Dive into the how of your project. Describe your approaches, components, workflows, methodology, etc. Bullet points and diagrams are appreciated.
How big of a problem would it be to not solve this problem?
To not solve the problem of making ZCASH ubiquitous is to being negligent in the prosperity of freedom as zcash stands for the right to privacy. Everyone is entitled and everyone needs it especially in the modern world.
What obstacles do you expect? What is most likely to go wrong? Which unknown factors or dependencies could jeopardize success? Who would have to incorporate your work in order for it to be usable? 0 users. Not enough artists.
Unintended Consequences Downsides
What are the negative ramifications if your project is successful? Consider usability, stability, privacy, integrity, availability, decentralization, interoperability, maintainability, technical debt, requisite education, etc.
What metrics for success can you share with the community once you’re done? In addition to quantitative metrics, what qualitative metrics do you think you could report?
Users, creators amount paid in ZEC, user ZEC deposits, amount of content uploaded/purchased, amount of ZEC swapped and/or staked
Schedule and Milestones
What is your timeline for the project? Include concrete milestones and the major tasks required to complete each milestone.
Creation of website and app: 2-4 months
Website and app testing: 1-3 months + Marketing campaign
Budget and Payout Timeline
How much funding do you need, and how will it be allocated (e.g., compensation for your effort, specific equipment, specific external services)? Please tie your payout timelines to the milestones presented in the previous step. Convention has been for applicants to base their budget on hours of work and an hourly rate, but we are open to proposals based on the value of outcomes instead.
Creation of site : $7,000-$10,000 Source: https://www.websitebuilderexpert.com/building-websites/how-much-should-a-website-cost/
Creation of app with an offshore team: On-demand app development cost: ~$50,000 M-commerce app cost: ~$40,000 Mobile social networking app cost: ~$50,000 MuZEC placed to its rightful category according to use. Source: How Much Does It Cost to Make an App in 2021? App Budgeting 101 - Velvetech $80,000
Support (efforts): $300,000 ($9,375 weekly for 8months) -1/2 of efforts toward zcash reinvestment.
Summarize you and/or your team’s background and experience. Demonstrate that you have the skills and expertise necessary for the project that you’re proposing. Institutional bona fides are not required, but we want to hear about your track record.
My name is Neziah Stone and creativity flows through me and I would like to share it with the world to inspire the talent within. I am an artist on Spotify, Apple Music, and many more music platforms. When I’m not making music, I am a Barber and I believe ZCash is the future of privacy.