1Ramp - Empowering Creators | Delegation Request
Company name: Hapramp Studio Private Limited
Place of Incorporation: Gurugram, India
Token name: Hapcoin
Token Type: SMT (Subject to SMT Launch)
- What problem is the product/project solving?
1Ramp is on a mission to empower content creators on the Internet. We are building a protocol called ‘Asteria’ (www.hapramp.com) which will be coupled with the product to enable users to have full control over their data along with mechanisms to monetize their content. This Includes rewards from Steem, 1Ramp points which can be utilized on our e-commerce partners, event partners and virtual products on the 1Ramp store. ([www.1ramp.io)
Core Team Details
ELAB Startups IIMA, 1947 Business & Technology Incubator, Novus Logics
Senior Android Developer at HaikuJam,
Udacity mentor, Google-certified Android Developer.
Content Strategy at Falconx.io, MSRCosmos, Hashcorp
Minimum Viable Product
These are the links to the platform, our features, and community reviews. You can visit steemit.com/@the1ramp for detailed development updates. Majority of our development and update Blogs have featured in the Utopian-io Staff picks.
Fiat Revenue Strategy: Paid Contests.
Fiat Revenue Projections in $/user every month: Cannot be specified at this stage.
How will this increase the amount of STEEM being powered up?
We are designing an Incentive structure for long term users which will favor rewards for users who power up more often.
What financial incentives are you willing to provide to Steemit, Inc.?
At this stage we do not believe there will be significant financial Incentive earned in the platform, our estimated burn is a lot more than earning. although once we increase the user base and head towards decent monetization in 6 months. we are very open to sharing revenue with Steemit, Inc.
How will you become financially sustainable once the delegation is removed?
Paid Contests, Utilization of 1Ramp Points on e-commerce partners (currently in India), event partners and virtual products on the 1Ramp store.
KPI Progress Measurement
KPI1 description: Establish Steem Blockchain as a global Artist contest platform.
KPI1 target: 50 contests in 6 months with a minimum 100,000 impressions across contest posts to promote the platform. Steem account and goodies for contest winners to bring quality users.
KPI2 description: Run Brand Sponsored Contests
KPI2 target: To run at least 3 brand-sponsored global contests and with high-value prizes.
KPI3 description: NFT Collaboration
KPI3 target: Partner with an NFT Marketplace to enable users on the App to list their design/art on the marketplace.
We are currently Integrating 1Ramp point system in the platform which will be replaced by 1Ramp Token after testing the logic thoroughly. Therefore, at this stage, we cannot share any information about the 1Ramp token. We will share the information with Steemit, Inc at the right time within 4 months.
Do you plan to raise money from other investors?
We are in the process of raising $800k from investors to work on the protocol as well as the application layer. The public announcement for the same will be made by September end along with the Investment details. We will notify the same to Steemit, Inc via a formal email and announce on our blog.
How much of a delegation are you requesting?
Specify the desired time frame for the delegation in 6-month increments:
Which one of the following answers best describes how the delegation will be used to add direct value to Steem:
- We will use the delegation for the following:
A. It will be used to create new accounts
B. It will be used to give new accounts 15 SP to give them the resources needed to use Steem and purchase goods and/or services through our platform
C. It will be used to incentivize the creation of content that promotes Steem on external platforms
We agree that our business will continue to leverage the Steem blockchain as long as we are receiving a delegation and 1 year following the removal of the delegation. During this time we also agree to promote the Steem blockchain as a valuable technological protocol that delivers unique value. We are willing to sign a legally binding contract with Steemit, Inc. to this effect.