Sweep n' Flip
60%
average score over 1 application evaluations
Creating "Sweep n' Flip," an NFT DEX and aggregator on Polygon, offering AMM features for liquidity and instant NFT swaps, enhancing user experience and market efficiency. Seeking $10,000 for initial operations.

We are building Sweep n’ Flip, an innovative NFT DEX & Marketplace Aggregator designed for NFT collections on the Polygon network. Sweep n' Flip brings traditional 50/50 Automated Market Makers (AMMs) into the NFT space, providing instant swaps, enhanced liquidity, and amplified trading volume.

Our platform allows users to buy or sell NFTs instantly, and Liquidity Providers can earn trading fees. We aim to revolutionize the NFT market by introducing well-established AMM models for NFT collections, addressing liquidity challenges and enabling efficient trading mechanisms.

Sweep n' Flip brings DeFi AMMs to the NFT ecosystem, increasing liquidity and volume of NFT collections.The main problems we address are the lack of liquidity of the NFT market (especially in the sell side), and the poor user experience in the main traditional marketplaces.The DeFi ecosystem faced this same difficulties with liquidity in its early days, and this problem was solved with the creation of the Automated Market Makers (AMMs), responsible for bootstrapping liquidity of fungible tokens there.Now we have the opportunity to bring this technology to the NFT ecosystem, offering a better way to trade NFTs, with more liquidity, simplicity, and allowing users to enjoy high yields while providing liquidity to their favorite collections.With the surge of so many L2s, there is a huge opportunity for us to be the protocol responsible for bootstrapping liquidity of any collection on these layers.

Our entire team is fully dedicated and engaged in the cryptocurrency, web3, and NFT markets, having been recognized for years as leaders in both the Brazilian and international markets. We have consistently demonstrated our ability to innovate and build, coupled with a deep understanding of the market.

We understand the importance of this product and the benefits it will bring to the NFT market, but we also know that we won't stop here. We have an incredible environment for creativity in the coming years, and we are committed to being one of the leading innovators in this space.

Momentum

The market, now at the end of 2023, is reactivating and showing enormous potential for growth with the approval of the ETF and the upcoming bitcoin halving next year. Therefore, our operational product is poised to gain traction and enhance the user experience in Gaming, DeFi, NFTs, and Web3 in general

Funding Ask for This Milestone: We request 10,000 USD tokens to support the initial liquidity pools, incentive campaigns, and operational expenses for the first month.

Budget Allocation: Team: $5.000 USD This ensures at least 3 months of operation and technical support and will allow the development of new features from our roadmap. It will also enhance our ability to form partnerships with other projects and communities on Polygon. Importantly, it will elevate our team to raise our pre-seed round with VCs, after which we can allocate a significant budget to increase our operations on Polygon.

Initial Liquidity: $5.000 USD In our Discord, we're conducting a community-based study to decide which Polygon collections to initiate operations with. To establish solid initial liquidity, each pool should comprise around 40 NFTs plus the corresponding ETH collateral. We plan to select between 3-5 collections to begin the pools with the $5,000 USD requested, ensuring good liquidity for kicking off the pools, enabling active trading of NFTs, and fostering strong relationship with those collections.

Expected Impact: By the end of the first month, we expect to prove Product Market Fit and the positive impact that our project can bring to the Polygon NFT ecosystem.

Scaling and Sustaining Growth Securing other sources of funds, whether through investment, grants, partnerships, and market making, to advance the roadmap focused on gaining traction and scaling.

Objectives Scale Operations: Scale Liquidity Provision, incentivizing more NFT collections to join the platform, thereby increasing overall liquidity and trading options. Community Outreach: Engage in community outreach efforts. Roadmap: Continue developing our product roadmap. Expected Impact:

Sweep n' Flip aims to have a robust ecosystem on Polygon, being an important player in the NFT segment and the base liquidity for the top collections, ready to scale together the entire ecosystem. We expect to be an important player to the development of and sustainability of the Polygon NFT ecosystem.

Telegram https://t.me/leo_ircarvalho

Sweep n' Flip History

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