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From this, do you mean your project revenue generation is not certain?. Or is this project just for Hackathon?
And if so, maybe your just starting,
What are the plans in gain investors that will yield revenue?
Then, what other use cases of your Nft badges?
Super, we will write you down for this one. We will reach out one by one when we start minting the badgesâŠ
Let me try to answer these questions one by one.
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Yes the project revenue generation is not certain yet. There are 4 possible sources of income in time:
a. Sponsored content
b. Referral income by using referral links
c. Donations or Hackathon competitions
d. Passive income from tokens in the possession of the Museum
No the project is not just for Hackathon, but we are starting with Tron and BTTC because of the hackathon.
e. Secondary sales of NFTâs will generate a fee for the museum -
As we are distributing the badges for free, we are not really looking for investors. Of course if there are people donating for the museum that would bring revenue. Our main goal is not to generate revenue, our goal is to document the history of Crypto in a museum type of project. However if we are able to generate a positive cash flow, this will be shared with the supporters / volunteers for this project.
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The main use case of the NFTâs is a collector item and a acknowledgement system to track your achievements. The purpose is to get engagement of the community in a fun way, which will reward them with badges like what is done for activity apps, where you can earn badges by walking certain steps. With us you can earn badges by donating useless or useful tokens from any blockchain to the museum to help us create the biggest token collection around.
This is why this is not a Defi project but an Artistry project. Where we use the NFTâs to build a community.
Hope this answers your questionsâŠ
Oh great thanks for sharing it with us
This topic is very interesting but I have some important questions to ask.
(1) What are the specific ways that users can contribute to the Crypto Museum.
(2) How can the community help to support the crypto museum,and how will revenue generated be shared among the badge holders.
(3) What are the plans in place for the museum to cover all blockchains,and also how will the contribution badges be earned and redeemed.
(4) Will the crypto museum be different from other blockchain projects, and what is the criteria for the museum to become cash positive.
(5) Ware the risks and challenges of the crypto museum project, and what will be itâs long term vision.
(6) What are the specific milestones that the project is working towards.
Do the badges have several types or just only one?
Hi Okori, let me answer below:
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Users can provide content for the Crypto Museum, like facts, stories or interesting details, Users can help to get the name out for the Crypto Museum and users can send interesting tokens to Crypto Museum which will get their legacy stored in the crypto museum. In short, users can help to grow the content and the reach of the Crypto Museum.
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Partially answered in one. There will be a revenue sharing approach which will be laid out in the Crypto Museum website, which shows how earned revenue will be used. A portion of revenue will be shared to badge holders.
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We will start collecting tokens for all blockchains, but we will build the deeper details of the Museum Blockchain by Blockchain. You can consider as for a physical Museum we are building a couple of wings first (Tron, BTTC, Polygon & Bitcoin) the rest will be put in storage. Once Two wings are ready, we will start building a fifth one. The intent is to always have 3 wings (blockchains) under construction.
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We will be looking for cooperations and we want to honor top community projects in the Blockchains that are in focus. We will use part of our income to buy tokens of these projects and we will ask the community which are the top projects to do this for. First for Tron and BTTC projects. How to earn contribution badges will be shared later, we will distribute them as NFTâs to the wallets of people earning them. For TVM projects, we will distribute them on Tron Blockchain. For EVM on Polygon (unless there is a NFT marketplace on BTTC) and for BTC as ordinals.
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The long term Vision is to become a knowledge center for Crypto. The risk is that we donât have enough revenue to cover the fix costs, which is where a Hackathon prize would help for a long period of time.
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Specific Milestones will be announced in the coming days, but after Setting up our Twitter, the next Milestones is a Telegram channel for community interaction and a published Website. Involving the community is essential for this project, which is where this forum and also Telegram comes in.
We will be sharing most of our Tweets in this forum
And we have a Telegram channelâŠ
While the Website is still Under construction for mobile especially, if the first blog posts are being published
I didnât follow but also heard that the team run away.
Those transactions seem to be micro transactions automatically triggered by bots. Probably that the token has multiple LPâs and bots are taking advantages of the volatility of the tokens/coins paired with PRUN.
But the project itself seems dead. Maybe @BigDealCompany has more info has he was in touch with the team.
I think BTTC gained momentum thanks to the meme coins that appeared during the meme festival. But then the community went away and the coins just dropped.
BTTC team has to focus on building the ecosystem. We need to be able to vote for nodes directly on BTTC and not on Tron.
BTTC needs more marketing. A real active communication team. And a closer collaboration with all the actors such as community projects. So far if a project wants to communicate with BTTC team, it has to find intermediaries. Can always try to send an email butâŠâŠ
@StevenTRON @WindsOfChange92 would you say this is accurate?
For donations you can have a look at âdonation buttonâ on pay.just.money
Convenient way to get donations from users in usdt.
Oh that sounds cool. Let us check it out. Both JM and ICR have been a great source to get the first BTTC tokens into our Museum vault
Based on this it might have to be reclassified as a âdeadishâ token
With the token pairing to different tokens in an LP there will always be arbitrage opportunities. But if there is no real volume, it will slowly but steadily drive the value of the token to the ground.