dReader #4
Replies: 21 comments
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The dReader guys killing it! |
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Josip is one of the hardest working and one of the most ambitious people I know. Him and his team have been working non-stop to make this project come to life. |
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Josip and his team are goated. |
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Very promising project with a hard working team. |
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Josip has been grinding non-stop and has been in the ecosystem for a long time i would love to see them being successfull |
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Really amazing! |
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Josip, Athar, and the entire dReader team have been absolutely killing it with their dedication and hard work. I would genuinely love to see their continued success! |
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Great product and an even better team behind it 🚀 |
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One of the hardest working teams in the eco. Help these guys out! |
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This team is one of the best in ecosystem! They are building something unique and have already proved they can make cool things happen. Helping them succeed is a win for Metaplex, a win for Solana, and a win for web3 in general. Let's get them this grant! |
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These lads are talented and dedicated. They deserve support! |
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Thank you for the grant proposal submission! The community feedback period will remain open until December 4, 2023. |
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I would love to see this project go |
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Would really love to see this project take off in 2024. |
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This team has been grinding through the bear market! One of the hardest working teams out there! |
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Josip and the dReader team are one of the hardest working and talented teams in the ecosystem with a product that aims to grow the pie and attract the masses. The dReader mobile app, for example, is an awesome web3 consumer product that stands out with its great UX, a growing user base, and an ambitious vision for the future. |
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I totally support! Would love to see this project take off :) |
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This team deserves a grant for sure! They are executing very well on a an end user product which actually can bring new people to the ecosystem. On top of that, with a great mobile app they are ready to meet readers and fans wherever they are. |
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Great product, great team! 👍 |
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Best of luck guys, MPLX give them the support 🙏🏾 |
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The community feedback period for this grant submission has now ended. The submission has passed the review phase and a vote will be initiated in the Metaplex DAO (dao.metaplex.com) within a few days. Please stay tuned for an announcement for when the voting period begins. |
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dReader
Submission details
Submitter: d-reader-josip
Email: [email protected]
Submitter wallet: 7aLBCrbn4jDNSxLLJYRRnKbkqA5cuaeaAzn74xS7eKPD
Beneficiary wallet: 7aLBCrbn4jDNSxLLJYRRnKbkqA5cuaeaAzn74xS7eKPD
$MPLX requested: 1100000
Team
We're a team of 7, ranging from developers and designers to project managers and creators.
Majority of competition fails because they're either a development team, or creators, or something else entirely.
We are the correct mix of everything 💯
Josip Volarević (Founder & Full stack developer)
Adam Jeffcoat (Artist & Illustrator)
James Roche (Co-founder & Writer)
Karlo Mijoč (Co-founder & Business developer)
Mate Žaja (Creative director & UI/UX designer)
Athar Mohammad (Full stack developer)
Luka Crnogorac (Mobile developer)
To bring in more perspective on "Why You?"...
Abstract
dReader is a platform which enables comic readers and collectors to discover, read, collect, and trade digital comics.
We're building it as a team of 7, ranging from developers, designers, marketeers, and all the way to writers and Emmy award winning animators and illustrators.
Purpose of this grant is to get funds which would help us with the adoption of the product through the execution of our go-to-market strategy.
static presentation: https://drive.google.com/file/d/1mzSaD7yob-jtmBaWGtwBlHkaVhuJk_8w/view?usp=sharing
important links: https://dreader.io/links
Description
We have been working on the project for 14 months. We have welcomed 400 verified users and 60+ comic creators since our private alpha 2 months ago.
During this time, we have come to the following CAC (customer acquisition cost) values:
Onboarding web2 and web3 (non VeVe) readers/collectors is hard to estimate since there are too many factors to consider. Mostly, new users will come as a direct product of attracting specific creators to dReader which bring their audience.
For example, Heist can get us 200 new users, while from an indie Webtoon publisher we can expect 10 new users.
Main takeaways, investing into dReader:
Additional points:
We're giving away some of our comic NFTs for free which is not cheap in a bull market.
We expect that our users will mint at least 100,000 NFTs in the next 12 months which is about $200,000 fees paid by our users with the current $SOL price.
$80,000 out of $200,000 mentioned above will go directly to Metaplex (0.01 $SOL per mint)
10% of each comic NFT collection will be minted directly by us and put into a "Comic Vault".
As a yearly event we'll sell all the comics from the vault as randomized "mystery packs”.
This means that in a year we'll mint at least 10,000 NFTs and pay about $6,000 to Metaplex (0.01 $SOL per mint)
When everything is considered, we can confidently say that...
On the "Protocol Fees | Metaplex Docs" website Metaplex officially states: "Our goal is for mint fees to be minimally disruptive and promote the growth and usage of the protocol."
The current bull market fees disrupt the adoption of our app significantly. This is especially noticed on "free" mints which cost almost $2.
The problem this grant solves:
AWS & GCP give free credits to startups for ~2 years. Apple & Google take 15% instead of 30% for mobile apps with less than 1M yearly revenue.
In a similar way, a Metaplex grant would help our startup stand on two feet.
side note: cNFTs are not an option (yet!) for multiple reasons: no enforced royalties, metadata updates not handled by indexers, lack of Program support (AH and CM) etc.
Milestones (optional)
Milestone 1 - 400,000 $MPLX to onboard 400 creators to the platform (ETA: 12 months)
Milestone 2 - 500,000 $MPLX to onboard 5,000 verified users onto the platform (ETA: 9 months)
Milestone 3 - 200,000 $MPLX to make success stories with artists on dReader (ETA: 8 months)
KPI is straightforward: number of creators, comics, and verified users on the platform, followed by profits and volume generated by specific collections.
ETA 12 months to execute on the grant scope.
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