Alphaday Grant Proposal

Contact Details

Applicant Name: Deniz Omer
Email: [email protected]
Team Name: Alphaday

Summary

Alphaday is a powerful crypto workflow aggregator that pulls in news, on-chain data, social media, web3 services and much more into one customizable UI.

Description

Alphaday builds crypto experience dashboards for enthusiasts, developers, and projects. Users can drag and drop from hundreds of services, news and social feeds, charts, and dapp functionality to create their daily workflows inside a single dashboard. This eliminates the need to have multiple browser tabs open to get different bits of information. i.e. imagine having token prices, gas prices, twitter feed, latest news headlines, TVL, and any other information any user could possibly want all within one single dashboard.

Rationale

We’ve done market research on users and currently people’s regular crypto workflows consist of jumping from one browser tab to another to check prices, read news, follow twitter, participate in discussions. A typical crypto user will have 6 to 10 open tabs at any given time and people have referred to Alphaday as the ‘tab killer’ because all the information you’d need across all your different tabs is available in Alphaday. In this sense, we do not have any direct competitor that can provide 50 different types of services and functionality within one dashboard.

Live Product (Beta): https://app.alphaday.com/

Team

I, Deniz Omer, have been involved in the Ethereum space since early 2016 and joined Kyber Network in 2017 as Head of Ecosystem Growth before quitting to start Alphaday full-time in 2021. Previously I worked at Thomson Reuters for a decade building financial products that rivaled the Bloomberg Terminal. I am currently also a Venture Partner at IOSG.VC

My co-founder Felipe has also been involved in Ethereum since 2016 and was a Developer Advocate at Pegasys and Consensys before quitting to work full time on Alphaday.

Alphaday’s third co-founder is DeFiDude who used to be a community manager at both Aave and Kyber Network before co-founding Alphaday.

Our team members have a proven track record of working in successful and growing Ethereum projects as well as extensive experience in the conventional finance world. We’ve also launched our beta product on time during the summer and have been consistently hitting our growth KPIs including growing 40% MoM in terms of MAU.

Total Team Members: 9, 6 of which are devs and 3 are marketing & ops.

Budget

1,000 USD upfront costs for development including integrating the discussion forums, blog post, social feed, jobs listing, TVL and other on-chain metrics.

120 USD per month for 12 months for maintenance including having an Alphaday content analyst quality-checking the dashboard every day and ensuring the Calendar widget is up-to-date with latest Venus Protocol events, all news mentions across the internet are captured by the dashboard, any updates not automatically captured by the Alphaday aggregator engine is manually added to the board, and other maintenance tasks.

Total Budget Requested: 2,440 USD

Result Measurement

Once we’ve created a Venus Protocol dashboard, we will promote this across the Venus Protocol community and start collecting feedback so that we can keep iterating and improving our dashboard. For us success is if a large number of Venus Protocol stakeholders come to the Venus Protocol dashboard to stay up to date with everything happening within Venus Protocol and then use the available data as jumping off points into the various parts of the Venus Protocol ecosystem. i.e. XVS holders using the board to finding trending governance topics to participate in, devs using the resource library to dive deeper into the technical documents, newcomers listening to the latest podcasts and exploring open job positions at Venus Protocol.

In terms of concrete numbers, considering Venus Protocol has 208K twitter followers and using this as a very crude proxy for community size, we would consider it a success if we could serve at least 1% of them on a monthly basis (2.08K MAU).

Potential Risks

Building the Alphaday infrastructure was not easy as we pull so many different types of data from different sources. It took a team of 4 developers over a year building the engine that can pull the data, analyze it, and categorize and contextualize the data (i.e. understanding different crypto concepts like NFTs, DeFi, Staking) so that users can find it easier to navigate through all the information.

Now that it’s built, deployment risks are significantly reduced but there is always the risk that data sources and APIs will change and we will need to keep updating and maintaining these data sources.

Milestones

We would like to create a Venus Protocol ecosystem dashboard that aggregates the following information into a single community dashboard:

  • The latest Venus Protocol official announcements and blog post content.
  • A feed of all news mentions of Venus Protocol from coindesk, cointelegraph and 20+ other news sources aggregated from across the internet.
  • A calendar containing all Venus Protocol events including Venus Protocol Governance votes, meetups, hackathons with Venus Protocol bounties, AMAs.
  • Podcast feed containing the latest appearances and interviews given by Venus Protocol team members.
  • Youtube stream containing educational Venus Protocol content.
  • Venus Protocol Docs directory.
  • Integration with Venus Protocol Forum to show the latest and trending discussion topics.
  • Discord & Telegram Integration to show a feed of latest discussions.
  • FAQ (How To Use Venus Protocol), Whitepaper, XVS tokenomics information.
  • Venus Protocol metrics including user activity, Supply & Borrows over time and other metrics pulled in from Dune Analytics.
  • A widget featuring the Venus Protocol roadmap with all the descriptions and links included.
  • Links and descriptions of Apps and other platforms within or surrounding the Venus Protocol ecosystem.

We should be able to build and deploy the above dashboard within 2 months so if this grant is approved we want to launch the Venus Protocol dashboard by April 2023.