My first words is “Thank you Dorahacks for creating a great platform for builders and communities like this”.
Check our build at KALA Network | BUIDL | DoraHacks
Below is our grant proposal.
————— FUND GRANTING —————
Our product is ready-to-launch with MVP released for end users and all planned features have been being tested at its final stages.
We are seeking $100k from the DAO Grants, not just for the product development but also for the Web3 expansion & adoption mission which also benefits the other projects, grow the whole Web3 industry builders/users.
Via educating, orientation activities & to expand the ecosystem and build up the DID SDK which will give people official proof of identity and complete ownership and control over their identities in a secure and user-friendly way.
Our vision is to capture the market of billions of users and creators to Web3 and distribute fair wealth for their valuable contribution.
—-----
Smart Contract & Security Audit: $15k
Validating all smart contract & security audit across KALA from well known trusted vendors
Bounty/Reward Campaigns: $10k
In collaboration, partners with Builder Community like Dorahacks,… for security report & exploration, solution proposals for KALA particularly and blockchain generally.
Expanding Research & Development Team: $10k
Start with education: Create scholarships for students on Blockchain Contest and onboard them either as interns or official staff with the mission to onboard the next millions Web2 users to Web3 blockchain & crypto natives via building KALA Insights Corner on our Blog to write and educate users about Web3, Blockchain….
Marketing & Community building: $10k
Building community activities & growth campaign to our contributors for the platform: Content Creation Prize, Encourage DAO exploration, Build Community-Based Learning Hub
Create an Bonus for Early Investment DAOs: 5k$
Activate bonus of $5k as init bonus in allocated 100k Investment DAO. The retail end-investor just needs to fund 95$ for a $100 value investment allocation.
DID (Decentralized Identity) SDK: 50k$
KALA positions to be Official Social Media for all web3 projects and would use most of this to develop and build the DID SDK, the user’s authority & authentication infras, for all Web3 projects to build on, share the user base and WIN-WIN together.
This will be a booming kick start once done, with our first 60+ trusted collaborators Web3 Partners that have officially partnered with us (up to the time of writing this 2022/Oct/21).
As the founders have been bootstrapping it from Day 1, with no VC model to keep it consistently as a community-centric product, we are looking to get the grant for making more impact for the industry.
All the team has been fully doxxed and committed to give their full-time effort to enboard the next millions web3 users.
All the best,
Michael Phan
CoFounder, COO of KALA Network
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Website: https://kala.network/
Join KALA Social: https://social.kala.network/
Discord: KALA Network
Twitter: https://twitter.com/kala_network
Telegram: Telegram: Contact @kala_network_community
Facebook: Redirecting...
Blog: https://blog.kala.network/
Whitepaper: https://docs.kala.network/
PitchDeck: DocSend
————— DESCRIPTION BELOW —————
KALA Network is a Web3 SocialFi Platform that allows users to earn by socializing with their friends, creating content & building community as NFT-gated Investment DAO. We position KALA to be one of the leading SocialFi Web3 that is heading for sustainable business and distributing fair earnings to the users via their contribution to the Social Platform.
We also have our own PENCIL/PEN NFTs Collectibles with a limited supply for our OG supporters to appreciate and reward them by staking KLNW token.
FOR KALA
Our NFT collectibles are not only an art collection but also built with interesting GameFI elements (we integrate Zodiac, Five Basic Elements…into gameplay) that allow PEN NFT owners/content creators to play with them by leveling up, fixing and changing, crafting PEN NFTs to speed up their earnings. More than that, NFT is also the membership pass to access more exclusive benefits such as getting a share from exclusive reward pools, joining KALA DAO, and getting even more premium privileges in the future (receive airdrops from strategic partners, discount for provided services, access premium content from KALA Academy & KOLS, access premium investment pool…).
FOR GROUPs/DAOs on KALA
DAO and Community Leaders can create their own NFT as PoM (Proof of Membership) and get access privilege to exclusive premium content.
DAO members can vote to select the direction of their guild: what should be done next, how it runs: such as but not limited to investing in new projects. Each investment opportunity will be visualized and created as an NFT to represent an co-investment/co-trade opportunity slot (eg. 100$, 1BNB, 30SOL as per project allocation limit). Each previously purchased NFT will be a Proof of Investment (PoI) can users can either sell it on the secondary markets once they wish. All the vesting tokens can be claimed by the NFT holders as long as they are the concurrent NFTs holders, right on KALA Social & DAO infrastructure.
DAO leaders can choose the target audience when posting any message/notification to an Investment DAO by selecting the corresponding audience (selecting the target DAO) without needing to remember, tag, or know who the current owners/investors are.
————— MORE DETAILS BELOW —————
TLDR;
THE NEXT GENERATION WEB3 SOCIALFI INVESTMENT PLATFORM
What Is KALA Network?
KALA Network is a Web3 SocialFi Platform that allows users to earn by socializing with their friends, creating content & building community run as NFT-gated Investment DAOs.
We position KALA to be one of the leading SocialFi Web3 that is heading for sustainable business and distributing fair earnings to the users via their contribution to the Social Platform. We have our own PENCIL/PEN NFTs Collectibles with a limited supply for our OG supporters to appreciate and reward them.
Why We Build KALA Network?
Issues
- Content Creators on traditional platforms are not rewarded for their premium content.
- Investment DAOs find it hard to use different tools and services for daily activities.
- Investors find it challenging and frustrating to get info from various channels quickly and accurately due to the fragmentation of the crypto space.
Opportunity
- Crypto and blockchain startups raised a record $25 billion in 2021, marking an 8x increase in YOY. (1)
- 60% of the total blockchain technology’s value lies in the trading & financial sector. (2)
- There are 300 million global crypto holders in 2021 and a projected 1 billion by the end of 2022. (3)
- The NFT market size is expected to grow from $3 billion in 2022 to $13.6 billion by 2027. (4)
Solutions
- Allow content creators to earn their share from the premium content they contribute (Proof of Subscriber NFT).
- Community Investment DAOs use NFTs as Proof of Membership (PoM) & Proof of Investment (PoI).
- Form highly engaged communities focusing on crypto investment, trading asset management, knowledge, and insight sharing…
What Makes KALA Network Unique?
Web3 SocialFi
KALA Network SocialFi platform is a complete ecosystem that connects the social world with the financial world. The platform is free to access. KALA Social features:
- Fair and transparent platform
- Incentivize “valuable contribution”
- Easy trading
- Social Mining
Content Creator Economy
Show support or be supported with your content. KALA allows:
- Donation between users
- Mint and sell your NFTs directly
- Premium access to quality content
- Social Trade
Community Investment DAO
KALA Community DAOs are run by NFTs. Each DAO mints its membership NFTs and users can buy and own to be DAO’s privileged members (more than just followers).
Based on their own policy and mechanism, NFTs membership holders can vote and smart contracts will execute ACCORDINGLY to their results and grow to become:
- Businesses
- Research & Development Groups
- Social Projects
- Trading & Investment Clubs - DAOs
KALA NFTs
KALA distributes our exclusive PEN NFTs from Mystery Boxes you can purchase on the marketplaces. These NFTs are impressive artwork that can be used as collectibles but they also benefit owners when they earn on KALA SocialFi platform. You can collect, level, and craft these PEN NFTs to improve their effectiveness or create new better NFTs.
PEN NFTs also represent the “KALA ownership” which is linked to our own governance token: KLNW and SocialFI token KUDO.
SocialDrop X Learning Hub
KALA offers various tools for partners (brands) to engage with users. With these tools, you can create and organize airdrops, community events, and learning hubs.
DEX
By earning their digital assets, users can directly SWAP and speculate based on DEX DApp.
What Is KALA Network Business Model?
What Is KALA Network Roadmap?
KALA is currently in the third phase. The alpha version of KALA SocialFi platform is currently live at https://social.kala.network
How does KALA Network Game(Mi)Fi(cation) work?
KALA GameFi is built around our Social Mining system and PEN NFTs.
Social Mining (Socialize to Earn) is a mechanism where users can perform all the familiar social activities on KALA Social like login, liking posts, commenting, inviting friends, etc to earn KUDO. Everyone with an account on KALA Social can enjoy Social Mining and start earning for free.
PEN NFTs are special NFTs of KALA Network that can be obtained from NFT Mystery Box using SOL or through crafting. Owning these NFTs will allow users to increase their KUDO earnings from social mining.
How do KALA Network Community Investment DAOs work?
KALA Community DAO is an infrastructure to create and manage DAOs on the KALA Network. With KALA DAO, creators, influencers, and leaders can create DAOs for their communities. Members can then vote to decide the direction of their DAO.
DAOs on KALA are unique as they’re designed to be managed and run using NFT. Each DAO can design its own exclusive NFT and members can mint them to receive the benefits.
There are 2 types of NFTs within a DAO, Proof of Membership NFT and Proof of Investment NFT.
What is KALA Network Go To Market?
KALA Network aims to welcome over 500 thousand active users onboard. We are constantly monitoring and gathering feedback from the community to ensure the gradual expansion of the network. KALA currently has over 90,000 registered users.
Who are the team of KALA Network?
KALA team members are veterans in diversified industries.
Our core team and the idea to create KALA Network were formed when our team founding members who, at the time, were established veterans in the field of IT. KALA Technology was co-founded by Mr. Picard Truong (CEO) and Mr. Michael Phan (COO). They are later joined by Mr. Thinh Truong (Tech Lead), Vu Truong (CTO), and Tristan Tran (CSO).
