NOT FOUND 404 Deleting the project since not fair judging of the project
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Please are you submitting as one of the project in this hackatron.
I believe you should use the recommended format.
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Welcome to Season 6, it ain’t hard to tell the solution this provides just going by the name MapX. From my read I can deduce that the project addresses a real need for businesses struggling with traditional marketing methods, especially given the challenges exacerbated by the COVID-19 pandemic.
Can you provide more details on the tokenomics model and how it incentivizes various stakeholders within the ecosystem?
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Please be clear on which track your project belongs to
Welcome to the Season 6 of the Hackathon, I am seeing that your project is about maps, I am still a learner in how to use maps as I try to use it when I try to get hair products to be delivered to a location, please tell me how you are going to handle the security of all the nft that is minted in your platform, thank you
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Hi @Gordian, to clarify, MapX have intersection of the Artistry and Web3 tracks. let me know if there is any issue with it
Update added project track to Artistry only
Welcome to Hackathon Season 6 with your geo-tagged NFT project. With this initiative how do you plan on collaborating with retail businesses to onboard them into the platform?
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Hi @ines_valerie, thank you for the question. Yes, we agree that maps can be tough. Initially, we started with the below map approach, but we found out that they are tough to navigate, not user-friendly, and not engaging. Many projects like Stepn and Sweatcoin use these naive maps, which are not friendly, engaging, and tough to navigate. We changed the whole UI/UX of the graph, used different frameworks to build this interactive game-fi version of the game, and we found that a lot of people like this UI and are interested.
To handle security, we have implemented all the NFT minting features on the server-side, making it impossible to mint all the NFTs. The NFTs are minted when you are at the specified location.
We have used a standard TRC-721 NFT contract with custom logic regarding geo-location.
With this approach, our system is pretty much secure.
Hi @Chukseucharia, thank you for the question.
Businesses can utilize the MapX platform as a retail marketing tool to drive foot traffic. They can do this by issuing NFT vouchers. Businesses can set up a redemption point in or near their stores. All they have to do is shake their phone with the MapX app on tablets or smartphones, and a token will be marked as used. This reduces the operating costs associated with needing a spare tablet or smartphone. Consumers can then spend the NFT, effectively “burning” it. On top of NFT vouchers, businesses can also issue NFT collectibles as well as art pieces. Compared to traditional marketing tools, MapX provides several advantages to businesses.
Guaranteed Foot Traffic/High Conversion Rate
Since consumers have already made the effort to redeem the NFT vouchers physically, they are highly likely to spend those vouchers on the spot. A scenario is that hungry players would scan the MapX app for possible food deals and redeem the NFT voucher that would provide the highest utility/suit the player’s taste preferences. They would then use those vouchers on the spot to purchase from businesses.
This guarantees foot traffic to the store. Minimally, players would be exposed to the underlying brand and its products. Optimally, players will be converted to customers through sales. Having physically been to the store also reduces consumer resistance, such as difficulty navigating to the store or a mismatch between product expectation and reality.
Low-Cost and Effective Marketing
MapX promotes businesses for free through the browse function, where users can search the map for possible NFTs to redeem. In the MapX pricing model, businesses are charged for minting new NFTs. Since voucher redemption is highly correlated to conversion, businesses essentially are only charged for successful conversions. This is more cost-effective than traditional marketing.
Time-efficient
MapX provides an existing pool of users who are ready to venture out and collect NFTs. Thus, it provides businesses with potential consumers to be converted, making the process time-efficient.
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Thanks you @community for your questions! If you have even the slightest doubt, feel free to fire it away right now
That’s a wise decision regarding the name change. MapX definitely has a broader appeal and captures the essence of the platform’s focus on mapping and exploration.
Can you provide more details on how users will earn MapX tokens through walking or running? Will there be specific criteria or challenges they need to meet?
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Thank you for breaking down everything, is there a feature where locations and navigation can be downloaded to be used for directions even when offline, thank you
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OK thanks for detailing the response. Now to a security conscious person, what measures can you take to address the potential privacy concerns of such users in relation to location tracking and data collection, ensuring that user data is handled securely and transparently within the platform?
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@manfred_jr In our MapX team, simplicity is key. We believe in making earning MapX tokens as straightforward as possible: you walk, you earn. No complicated criteria, no daunting challenges. Just lace up your shoes, start moving, and watch those MapX tokens accumulate as you explore the world around you.
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@ines_valerie Currently, offline navigation and downloadable maps aren’t available, but it’s definitely something we’re considering for our next roadmap update, We understand the importance of having access to navigation even when you’re offline, so it’s on our radar for future improvements
Can you elaborate on the process of redeeming geo-tagged NFTs and how users can interact with it in the real world?
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How different is MapX to other Walk2Earn platforms? Like StepN for instance
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Hey @Chizz, great to see your interest in geo-tagged NFTs! Let me walk you through how it all works.
So, imagine you’re strolling around town, and suddenly your phone pings with a notification. You’ve stumbled upon a geo-tagged NFT hotspot! These NFTs are like digital treasures waiting to be discovered in the real world.
To redeem them, you simply follow the coordinates to the designated spot, which could be near a bustling business or at a special event. It’s a win-win situation for both users and businesses as it drives foot traffic and engagement.
Once you’ve reached the location, you’ll find your NFT waiting for you in your digital wallet. These can be anything from exclusive tickets to virtual artworks or collectibles. Some might even be vouchers offering discounts at nearby establishments.
Now, here’s where it gets exciting. You can choose to use these vouchers on the spot, perhaps grabbing a coffee or snagging a discount on a cool item. Or, if you’re feeling entrepreneurial, you can trade or sell these NFTs, thanks to their TRC-721 format, opening up a whole new world of digital commerce.
So, whether you’re a treasure hunter, a savvy shopper, or a digital collector, geo-tagged NFTs add an extra layer of fun and utility to your real-world adventures!
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Hi @manfred_jr MapX distinguishes itself as an NFT platform centered around real-world utility and encouraging exploration. Unlike platforms that primarily reward users with cryptocurrency for physical activity, MapX’s incentive structure revolves around collectable geo-tagged NFTs scattered across neighborhoods and locations. These NFTs can take various forms, from vouchers and discounts offered by local businesses like restaurants, stores, and theme parks, to digital collectibles such as limited edition virtual pets and artwork.
By venturing outside and exploring their surroundings, users can discover and redeem these geo-tagged NFTs, serving as a potent marketing tool for businesses to drive foot traffic while promoting health and wellness. MapX’s approach goes beyond mere token rewards, fostering a gamified and adventurous experience where users are motivated to uncover new locations and collect unique NFT assets.
Moreover, MapX incorporates a stronger emphasis on business integration, allowing local entities to leverage the platform by offering geo-tagged NFT rewards to attract and engage customers. This symbiotic relationship creates a win-win scenario, where users are incentivized to explore and businesses can capitalize on increased foot traffic and customer engagement.
While MapX users can earn “MapX tokens” for walking, similar to other move-to-earn platforms, the platform’s core focus lies in providing tangible real-world utilities through its geo-tagged NFT system, seamlessly blending the digital and physical realms in an immersive and gamified experience.