Abstract
This proposal aims to integrate a marketplace feature into Galxe’s existing platform. The marketplace will allow users to buy, sell, and trade items such as oats and NFTs obtained from Galxe campaigns.
Motivation
The motivation behind this proposal is to enhance the user experience on Galxe’s website by providing a seamless and integrated marketplace. This feature will foster a sense of community and engagement among users while also serving as an additional revenue stream for the platform.
Benefits
- Increased User Engagement: By integrating a marketplace into platform, we can increase user engagement and time spent on the site.
- Revenue Generation: The marketplace can serve as an additional revenue stream through transaction fees or premium listings.
- User Retention: A marketplace provides added value to users, encouraging them to return to site more frequently.
Specification
Overview
The proposed marketplace will be integrated into Galxe’s existing website. users can buy, sell, and trade items such as oats and NFTs that they have obtained from Galxe campaigns.
In summary, the proposed marketplace is not just an additional feature but a significant enhancement that will transform how users interact with the Galxe platform. It will provide users with new opportunities to engage with each other and generate value from their participation in Galxe campaigns.
Scope
The scope of this proposal includes the design, development, testing, and launch of the marketplace feature. It also includes continuous monitoring and enhancements post-launch.
Implementation
The blockchain-based marketplace feature can be implemented in phases to ensure smooth integration with the existing platform. We propose the following steps:
- Phase 1 - Research & Planning: Conduct user surveys and market research to understand users’ needs and preferences for marketplace.
- Phase 2 - Design & Development: Based on the research findings, design and develop the marketplace feature ensuring it aligns with Galxe’s branding and user interface.
- Phase 3 - Testing & Feedback: Before launching, conduct thorough testing of the marketplace and gather user feedback for improvements.
- Phase 4 - Launch & Monitor: After making necessary adjustments based on feedback, launch the marketplace feature and continuously monitor its performance for further enhancements.
I believe that adding a blockchain-based marketplace feature will significantly benefit Galxe’s platform by increasing user engagement, generating additional revenue, and providing secure transactions for users.
Success Criteria
The success of this project will be measured by increased user engagement, additional revenue generation, and user satisfaction
Timeline/Budget
The implementation of this feature will be carried out in four phases: Research & Planning, Design & Development, Testing & Feedback, and Launch & Monitor. The timeline and budget for each phase will be discussed further upon approval of this proposal.
References
This proposal is based on the information available about Galxe as of September 16th 2023.