Decentraplace: The Future of Collaborative Pixel Art

Decentraplace is a new web3 platform that makes it possible to collaborate on pixel art NFTs. Utilizing smart contracts, Decentraplace tokenizes the concept of r/Place and creates an investment product around this seemingly simple concept.

Decentraplace is a mix between an ERC20 token (PLACE) and an ERC1155 collection (NFT collection). PLACE tokens are used to burn in order to color on-chain pixels on decentraplace.io. This creates a deflationary mechanism for the PLACE token, as the more people use the platform, the more PLACE tokens are burned and removed from the supply.

To further incentivize activity, Decentraplace rewards users with NFTs for burning PLACE tokens. These NFTs can be used to boost PLACE staking APY by up to 10% per NFT. The more NFTs a user has, the higher their APY will be and no need to deposit the NFT. We also added new features like a OnChain Messenger and a new DeFi gamemode. Our 3 gamemodes are called OnChainInk, PhantomMessenger & LuckyEleven. OnchainInk is the best choice for users who are looking for a traditional pixel art experience with a focus on permanence and artistic expression. LuckyEleven is the better choice for users who are looking for a fast-paced and rewarding experience. PhantomMessages is the best choice for users who are looking for a unique and innovative way to communicate and interact with others on the blockchain.

Decentraplace is still in its early stages of development, but it has already attracted over 200 beta testers and ensured flawless functionality since April 2023. The project has successfully completed a total of 6 testNFT snapshots on the Sepolia Testnet, and is now preparing for the first stage of the mainnet launch: Tokenless.

Roadmap

Launch tokenless version: Decentraplace will launch as a tokenless platform to allow users to experience a extremely simplified version of the onchain pixelart platform. This will lower the barrier to entry and demonstrate the core solution that we offer: Permanent, Collaborative Art.

Genesis NFT launch: Decentraplace will launch a Genesis NFT collection to reward early users and supporters. DAO launch: Decentraplace will launch a DAO to give holders governance over the protocol and fine tune the Token design pre-Token launch.

Token launch: Decentraplace will launch its token, PLACE, once the DAO is in place and the protocol is fully developed.

Why Gitcoin?

Gitcoin is a great platform for Decentraplace to raise funding because it is aligned with our values of decentralization and open source development. We believe that Gitcoin is the best way to reach a community of users and supporters who are passionate about building the future of Web3.

Why is Decentraplace a good fit for the Mask Network "Web3 Social"-Gitcoin grant?

Decentraplace is a community-driven project that is committed to building the future of web3. We are passionate about creating a platform that is accessible to everyone, regardless of their technical expertise.

Decentraplace is also a deflationary project, which means that it is not susceptible to the same inflationary pressures as other cryptocurrencies. This makes it a good investment opportunity for those who are looking for a long-term hold.

Message from the Founder

As a solo founder, I am excited to apply for a Gitcoin grant to support the development of Decentraplace, a promising new web3 project. My goal with the grant money is to hire marketers,advisors and strategic partners to help launch and grow the project. Additionally AMA's will be organized I believe that this investment will be essential to achieving my goal of making Decentraplace a leading web3 platform.

I will measure the success of Decentraplace by tracking the following metrics:

Number of active users Total transaction volume Number of unique projects launched on Decentraplace Number of partnerships established with other web3 projects I believe that these metrics will provide a good indication of whether Decentraplace is achieving its goal of becoming a leading web3 platform.

I am confident that Decentraplace is a worthy project of your support, and I look forward to working with the Gitcoin community to make it a success. Thank you for your consideration.