I do not support this proposal. There are several reasons,
I’d like to schedule a call to get a better understanding about the nature of your business. I am confused by several different projects including OpenBiSea, MotoDex - still has a proposal for funding pending, and now DexGo.
I had a look at the website - product actually looks really cool and it is something that I would use. However, I tried using the app both on laptop and mobile phone and it does not seem to be functional
- The app is too early stage to be promoted across 20 cities.
- The other things that immediately raises red flags is the very high amount of the proposal. $10k is our monthly budget and you are requesting for three months in advance for an application that is very, very early stage (on top of existing applications for other products).
If anything, this may be an instance of a proposal that seeks to cover the projects marketing budget as opposed to a simpler activation or awareness campaign. Community Funding is not designed to cover the operational expenses of projects. For that, most people have to show real tractions to investors and raise money.
- Finally, we also have some limitations around paid advertising on social media.
Overall, I think that the idea is super cool. Going forward, I would propose having an early stage validation campaign that:
- Is targeted at existing NEAR ecosystem community, so we can get an initial wave of users easily and cheaply
- Optimises for feedback, ideally people like the idea as much as me and become net promoters.
