https://www.youtube.com/watch?v=tBuMj0eRrYQ

<aside> ⌨️ Engineer task aggregation and alignment Kanban board

Dev Board

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Hypotheses

Market-Product-Team Fit with Utility NFT for Creator Economy

NFT Mints (Fiat Fundraising) via Events & Merchandises

Music NFT: Access, Social, Livestreams

The SMS and email wallets are the primary products we have identified to give our NFT initiatives a foothold for user growth and engagement. The SMS wallet will be the more consumer facing product for fast onboarding and fiat buys, while the email wallet will be more creator facing, allowing more robust NFT tooling and relevant notifications in relation to their sales activity.

https://whimsical.com/one-creator-community-TtWPrSYw4uXD76i8c1wq4e

Current Progress



dj3n Product Requirement Document

Overview

Goal:

An end-to-end fan to creator digital relationship solution.

Stakeholders:

Background and Strategic Fit

The next wave in crypto of user adoption will flow through through NFTs. The question has always been how? 12-word wallet creations and manipulated PFP NFT markets have kept the masses out thus far. The winners will onboard the average consumer in such a way they won’t realize they’re using crypto. Fiat buys of NFTs have been the first hint in the effort to conceal the onboarding process to crypto. Seed-free wallet creations are becoming available; however, they’ve remained standalone tools yet to be paired with a sticky NFT destination.

dj3n combines essential NFT primitives in one platform to onboard the next wave of creators and fans. These primitives include an NFT minter, 30-second SMS wallet creation and fiat-buy integration all in one user flow. This flow ends at the centerpiece dj3n gallery, which blurs the line between fan and creator. Creators can collect their fans via airdrops and access passes, which funnel fans into the dj3n platform. Fans can mint collectibles and enable fiat-buys from the dj3n platform themselves, transforming them into creators. These primitives create a large top funnel with a very sticky bottom. dj3n sets the stage for flywheel web3 adoption in every industry that has idols and admirers.

Success Criteria

NFT Mints KPIs

Current P0 flow

  1. Create NFT (lazy mint) - “upload picture”
    1. User passed to Aarons SMS site
  2. Create SMS wallet
  3. Download encrypted key file
    1. Aaron will pass along info (wallet ID and SMS #) when User comes back to dj3n
  4. Creator sees image in gallery. (To progress to next step, user clicks on Collectible)
  5. Authenticate Stripe
  6. Send 2 ONE for gas from centralized wallet to users SMS wallet
  7. Approvals for permissions to mint, list and sell (actual mint and escrow the NFT) with SMS wallet

Designs

Scope

DJ3N PRD

Future enhancements

Out of scope

Follow-up tasks

Customer Research and Resources

SMS Wallet.pdf

NFT Primitives FAQ and Research

Minter Dapp Execution

The web3 disruption: Corporations want a piece of the action | Silicon Valley Bank

“The reality is that in web 2.0 there were a lot of challenges with how creator incentives worked,” Sim Blaustein, a partner at Bertelsmann’s investment arm, BDMI, said in a recent interview with Silicon Valley Bank. “Web3 is seeing blockchain and other technologies right those wrongs.”

Multicoin Capital Launches $430M Venture Fund III to Invest in Web3 Projects - NFTgators

Commenting on the new fund, Kyle Samani, managing partner at Multicoin said : “creators see crypto as a better, more direct way to engage fans and monetize in a user-aligned way. The culmination of these forces make areas like creator monetization, DAO tooling, and new crypto-enabled IP models very attractive.”

The New Creator Economy: A Guide to Web3 Creator Platforms

Harry Stebbings, Founder of The Twenty Minute VC and 20VC fund , says, "Seeing more value captured by users, both individually and collectively, is one of the most exciting aspects of Web3. It removes intermediaries from traditional Web2 aggregators and gatekeepers, which is key for the democratization of income creation in the digital world."

The Overlooked Levels of the Creator Economy

“There are unspoken, often overlooked levels to this new economy; the playing field for creators remains uneven and replicable success stories are still far between.”

Building a Record Label on the Blockchain

“Brainchild of hip hop musician, producer, and Web3 proponent, Vandal, DAOrecords is using blockchain to give artists their fair share through NFTs, automated royalty-splitting, and live events in metaverse venues.”

Web3, NFTs, the metaverse and the future of the music industry

“Compared to the ever-shrinking income that most artists make from streaming royalties, NFTs may well be a once-in-a-generation opportunity to profit from the craft of songwriting.”