A PRV Faucet Will Make Incognito More Accessible
1. What privacy problem are you solving?
PRV tokens are only available for purchase on pDEX, which has a bit of a learning curve for people new to the crypto world. Now that I understand it, I’m a fan, but a lot of people don’t want to have to do research on how to buy something.
For people looking to use Incognito as a crypto tool (as opposed to developers and validators): Enter the PRV Faucet, where users can get enough PRV to power their transactions. PRV transactions are very cheap so the faucet can really help those people who just want to Shield their crypto.
2. What is the solution?
Like typical faucet sites: users will solve a captcha in return for a small amount of PRV. For MVP, I am planning to allow users to claim 0.00000001 PRV per day. As the project develops and more data is available, I hope to be able to increase the payout and frequency per user. The site will work to become self-funded by advertising impressions. The difference between my proposal and other faucet sites is my proposal isn’t a get rich quick scheme for me or the site users. This is a way we can grow the community together and power privacy.
3. Which solutions do people resort to because this doesn’t exist yet?
No competitors that I know of.
4. Who are you?
I’m @Josh_Hamon, and honestly, I’m not cool enough or smart enough to be here. I’m learning a lot as I go. I’ve done a few websites for non-crypto projects.
http://therealmartinluther.com (a website for a book I wrote. Are shameless plugs allowed?)
5. Why do you care?
Privacy in the cryptocurrency space is a bigger issue than most people think. When most people think of private crypto transactions, they think it’s for nefarious purposes (tax evasion, illegal purchases, etc.) but they aren’t thinking about what it would really mean to have their transactions be searchable in a world where corporations are building AIs to know you, better than you know you, so they can sell you stuff. Without privacy, corporations will be able to figure out what you’re buying, from who, your detailed spending habits… everything. I like Amazon, but I don’t want to be that transparent to them.
6. What’s your plan? What’s your schedule?
Layout a clear, specific timeline for what community members can expect.
|1 April 2020||Create a basic form site to gauge interest in the project|
|1 May 2020||Faucet MVP is available. 0.00000001 PRV per day per user|
|1 June 2020||Review data and adjust payouts. Begin using Traffic budget (see below)|
7. What’s your budget?
This project will require website hosting, some seed money for purchasing traffic and most importantly a Men’s Large Incognito T-Shirt.
|Website Hosting||360 PRV||1||30 PRV (a year of hosting must be purchased)|
|Website Development||500 PRV||3||500 PRV|
|Budget for buying traffic||200 prv||1||200 PRV|
|Incognito T-Shirt (L)||1|
|TOTAL (x 2 months)||2060 PRV + 1 Incognito T-Shirt|
8. Is there an existing conversation around this idea?
I first saw mention of the idea here: https://incognito.org/t/faucet-for-prv/521/6
9. Is there anything else you would like the community to know?
Thanks for reading!