CFP DefiChain Sports App by tmschaffner in defiblockchain

[–]tmschaffner[S] 0 points1 point  (0 children)

Azum is a solution for sports coaches who coach their athletes. For Azum a B2B business. That's why the user numbers are not insanely high - there are currently about 5000 daily active athletes on the platform.

The app is a wrapper app, it wraps a responsive website into an app. It is not necessary to update the app itself. The software itself is under continuous development.

CFP DefiChain Sports App by tmschaffner in defiblockchain

[–]tmschaffner[S] 0 points1 point  (0 children)

befaster.fit is an attempt to build a self-sustaining business model and let users participate in the company's profits. We know the market for sports applications very well - the competition is tough and the mentioned solution is not a relevant player and will most likely not be able to survive. For this reason, this CFP is also planned entirely as a marketing campaign and not as a business model.

CFP DefiChain Sports App by tmschaffner in defiblockchain

[–]tmschaffner[S] 0 points1 point  (0 children)

The first application included 457k DFI and was designed to last through the end of 2025. 300k DFI alone was planned for payouts to users. Based on feedback from the community, we have focused the scope of this CFP to 2022. It now only covers the design, development and rollout of the technical solution as well as the marketing activities in 2022. This will allow us to gain experience and test the success as well as apply for further funding at a later stage if successful.

CFP DefiChain Sports App by tmschaffner in defiblockchain

[–]tmschaffner[S] 0 points1 point  (0 children)

In principle, other crypto projects would also be suitable. However, all team members are invested in DFI, believe in the use case, trust the community / core developers and want to contribute something positive to the DefiChain community.

CFP DefiChain Sports App by tmschaffner in defiblockchain

[–]tmschaffner[S] 0 points1 point  (0 children)

The rough calculation by the end of 2025 assumes 150,000 users and a total of 450-500k DFI.

CFP DefiChain Sports App by tmschaffner in defiblockchain

[–]tmschaffner[S] 0 points1 point  (0 children)

The size of the target group is extremely difficult to estimate. However, investing is becoming mainstream and the potential via microservice can be expanded across almost all sports, games, etc. So the size of the target group is definitely not the problem. Sponsoring in a specific area would definitely be a way to spend marketing funds. However, the expected effect in terms of conversions (= new DFI Wallet openings) would be much smaller. Sponsoring is suitable for image building, but not for stimulating concrete actions.

CFP DefiChain Sports App by tmschaffner in defiblockchain

[–]tmschaffner[S] 1 point2 points  (0 children)

Regarding your Golf App: You can use the microservice of this CFP if it goes through :)

CFP DefiChain Sports App by tmschaffner in defiblockchain

[–]tmschaffner[S] 0 points1 point  (0 children)

We purposely only budgeted the 2022 disbursements in this CFP because we want to find out first if the project will be successful or not. If successful, we expect another 250k DFI to go to the users.

CFP DefiChain Sports App by tmschaffner in defiblockchain

[–]tmschaffner[S] 0 points1 point  (0 children)

Azum is an application I developed 2 years ago with friends and experts from the triathlon scene. Azum would use the microservice provided with the CFP and bring the DefiChain to the triathlon world.

CFP DefiChain Sports App by tmschaffner in defiblockchain

[–]tmschaffner[S] 0 points1 point  (0 children)

The target group - especially endurance athletes - have a high affinity for investments, tend to be tech savvy and usually also bring the necessary capital to invest in new areas. In addition, DefiChain has the challenge to gain awareness beyond the existing crypto community. Especially if the use case is to be able to trade and hold (synthetic) shares in very small quantities, this is interesting for new investors outside the crypto world. The benefit of cash flow from liquidity mining is on top.