| A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | Question Number | Category | Question | Project's Response | Weighting % | Minimum Knock Out Score Threshold | Median Rating % | Clarification Required | Clarification Response | Open / Closed | ||||||||
2 | 1.1 | Info | Timestamp | 9/4/2019 0:55:57 | ||||||||||||||
3 | 1.2 | Info | Application Tier | TOP (1,000,000 SP) | ||||||||||||||
4 | 2.1 | Requirement | Transaction of Application Fee | 328a7e12cfa981c4cea192313c4549e5271e30e7 | OK if adequate amount of steem has been burned | |||||||||||||
5 | 2.2 | Requirement | Image Proof of Application Fee | https://mega.nz/#!JIMyjabY!dj-xpUyC6IvLPBRXAjAC-yMddYv2l4LpVsahsvwOCbo | OK if adequate amount of steem has been burned | |||||||||||||
6 | 3.1 | Project info | Company Name | Culturehero Inc. | Rate section as a whole | |||||||||||||
7 | 3.2 | Project info | Place of Incorporation | Seongnam, South Korea | ||||||||||||||
8 | 3.3 | Project info | Token name (if applicable) | |||||||||||||||
9 | 3.4 | Project info | Token Type (ERC20, Steem-Engine, SMT etc) | |||||||||||||||
10 | 3.5 | Project info | Project Type | For Profit Business | ||||||||||||||
11 | 3 | Section Subtotal: | 1 | 0.5 | 1 | |||||||||||||
12 | 4.1 | Delegation received (purpose) | When did you get the delegation? | May 21st, 2018 | N/A | |||||||||||||
13 | 4.2 | Delegation received (purpose) | Under what terms (if any) did you receive the delegation? | We got the delegation under terms of doing our best effort for expanding the Steem ecosystem in Korea and other countries in Asia. There wasn’t any specific terms regarding the cost or withdrawal of the delegation. | 1 | 1.0 | Please confirm that you accept that any approval of this delegation renewal becomes the terms for your future delegation | We accept that any approval of this delegation renewal becomes the terms for our future delegation. | Closed | |||||||||
14 | 4.3 | Delegation received (purpose) | What was the intended purpose for the delegation? | To grow Tasteem and the steemit community for Korean users by incentivizing them in various ways. | 1 | 1.0 | ||||||||||||
15 | 4.4 | Delegation received (purpose) | How have you applied your delegation for that purpose? | We’ve built a project called Tasteem, and incentivized its users with @tasteem’s upvotes. | 2 | 2.0 | ||||||||||||
16 | 4.5 | Delegation received (purpose) | How long are you requesting the continuation with the delegation? | 3 years | 1 | 0.6 | ||||||||||||
17 | 4 | Section Subtotal: | 5 | 4.6 | ||||||||||||||
18 | 5.1 | Market | What problem is the product/project solving? | Tasteem is a restaurant review platform and is built on blockchain. Tasteem wants to build apps and products that can be easily accessed by regular users without the necessity for them learning the term ‘blockchain’. A restaurant review platform was a perfect start for that goal. | 5 | 1 | 4.0 | |||||||||||
19 | 5 | Section Subtotal: | 5 | 4.0 | ||||||||||||||
20 | 6.1 | Core Team Details | Write short summaries about each core team member including their achievements to show they have a strong track record. Add links to their LinkedIn profiles to this section. | @reinjun is the founder of the project and the CEO of the company. Having an engineering background himself, he has fine understanding of blockchain and general tech fields. Now he is an experienced businessman in multiple areas. @travisung is the business developer for the project. He manages various positions for the project and does most of the communications whenever needed. He manages Tasteem supporters and various Tasteem channels. @lekang is the product manager and also does a bit of coding himself. He manages most of the elements on the service side and does most of the product plans with the dev team. And a dev team with 2 engineers and 1 designer. | 15 | 3 | 10.0 | |||||||||||
21 | 6 | Section Subtotal: | 15 | 10.0 | ||||||||||||||
22 | 7.1 | MVP | Provide links to your minimum viable products and describe it. If it is not available, please describe it and include how you plan to build it and when it will be built. | https://tasteem.io Tasteem is a restaurant review platform built on Steem BC. Easily put, it is Yelp on blockchain. Tasteem users are incentivized by the actions they take on the platform. That includes writing restaurant reviews, making upvotes or leaving comments on reviews. Restaurant reviews are being scored so they can be more visible to the users who seek for quality restaurant reviews. | 15 | 3 | 11.0 | |||||||||||
23 | 7 | Section Subtotal: | 15 | 11.0 | ||||||||||||||
24 | 8.1 | Business Strategy | Fiat Revenue Strategy: [E.g. We plan to sell NFTs which represent in-game items for US Dollars] | There are several. 1) Google Ads on Tasteem platform 2) We’ll be putting up Ads for local restaurants on the website. 3) Tasteem runs contests, and they can be used for marketing purpose for brands and local restaurants. 4) Tasteem has a rank system and we’ll offer premium user ranks which users have to pay in order to acquire related features. | 2 | 1.5 | How do you convert the alpha website that you have into a revenue stream? How do you get your income stream to benefit the steem ecosystem? The project needs to do more than just delegate rewards to articles about restaurants. There needs to be a business model that will return the value back to Steemit and to the Steem community. Please clarify how you plan to do this. | We have several business strategies for making fiat revenue. AD sales for local businesses and restaurants are one of them and believed to be the primary one. We’ll have a number of contents where local businesses can purchase and use as marketing tools. When local businesses buy our ad slots, they will have multiple payment options; they can either pay with steem, steem power delegation, or fiat currency. Paying with steem or SP delegation benefits the steem ecosystem because businesses will have to buy steem from the market. It is also a great way to draw the businesses into the ecosystem. Paying with fiat won’t be the worst option because we will still convert some of the payment into steem power. | Closed | |||||||||
25 | 8.2 | Business Strategy | Fiat Revenue Projections in $/user every month: [E.g. $10/user] | 2020: $1/user 2021: $3/user 2022: $5/user | 1 | 1.0 | 0 | |||||||||||
26 | 8.3 | Business Strategy | How will your business strategy increase the amount of STEEM being powered up and/or burnt? | We’ll be powering up Steem equivalent to 10% of the total fiat revenue we earn. | 2 | 0.5 | 1.5 | 0 | Will you plan burning a % of this revenue? If yes, please state how much How will your business strategy increase the amount of STEEM being powered up and/or burnt? | 10% of all revenue(fiat+steem) Tasteem makes is going to be powered up. We can demand our business partners to have steem power-ups in exchange for their demands. We also plan to develop our rank system so that users with greater steem power are incentivized with better rewards. | Closed | |||||||
27 | 8.4 | Business Strategy | What financial incentives are you willing to provide to Steemit, Inc. and/or the Steem Community in return for the delegation? i.e. What’s your skin in the game? [E.g. project tokens, revenue-share, etc.](Without a return there’s not a partnership, it’s simply a contribution, and one that’s easily left behind. In order to encourage businesses and communities to commit to the Steem blockchain and ecosystem long term there needs to be both a contract and a mutually benefical partnership.) | If we are to create product tokens in the future, We will exclusively be offering a pre-sale to Steemit inc. and users with Steem accounts with highly discounted price plans. | 2 | 0.5 | 1.0 | 0 | ||||||||||
28 | 8.5 | Business Strategy | Are you or how will you become financially sustainable once the delegation is removed? | We’ll have periodic Steem Power-Ups every month and this will eventually eliminate the need for delegation. | 3 | 0.5 | 2.0 | Will you alos be encouraging clients to power up steem in order to replace your delegation? Please confirm that the business model will move towards high level SEO for restaurant sites such that the steem community is leveraged to create high value SEO content for the clients of the project (the restaurants) | 10% of all revenue(fiat+steem) Tasteem makes is going to be powered up. We can demand our business partners to have steem power-ups in exchange for their demands. We also plan to develop our rank system so that users with greater steem power are incentivized with better rewards. | Closed | ||||||||
29 | 8 | Section Subtotal: | 10 | 7.0 | ||||||||||||||
30 | 9.1 | KPI Progress Measurement | KPI 1 description | Avg. # of daily posted reviews | Rate Section as a whole. Median score of less than 1 for whole section is subject to being knocked out | |||||||||||||
31 | 9.2 | KPI Progress Measurement | KPI 1 target: | 150 | ||||||||||||||
32 | 9.3 | KPI Progress Measurement | KPI 2 description: | Avg. Monthly Visitors | ||||||||||||||
33 | 9.4 | KPI Progress Measurement | KPI 2 target: | 60,000 | ||||||||||||||
34 | 9.5 | KPI Progress Measurement | KPI 3 description: | Avg. Monthly Sign-ups | ||||||||||||||
35 | 9.6 | KPI Progress Measurement | KPI 3 target: | 300 | ||||||||||||||
36 | 9 | Section Subtotal: | 5 | 3.5 | 3 | |||||||||||||
37 | 10.1 | Token Details | Are you / Will you be offering a token? | No | Rate Section as a whole. Median score of less than 1 for whole section is subject to being knocked out | If you are not offering a token, please specify what 'skin in the game' you will give the steem community such that it is highly unlikely or impossible for Tasteem to leave the steem blockcahin in future without negative consequances to the project | Yes, we will be offering a token. | Closed | ||||||||||
38 | 10.2 | Token Details | Token Launch date | |||||||||||||||
39 | 10.3 | Token Details | Total Token Supply at launch (in number of tokens) | |||||||||||||||
40 | 10.4 | Token Details | Fundraising target (in order to fund expansion into the operational / project growth phase / mass market adoption), in USD | |||||||||||||||
41 | 10.5 | Token Details | Percentage Yearly Inflation | |||||||||||||||
42 | 10.6 | Token Details | Percentage of total token supply that will be airdropped to ALL Steem stakeholders (a.k.a. SP holders) in proportion to their SP | |||||||||||||||
43 | 10.7 | Token Details | How many tokens will you offer Steemit Inc. / the Steem Community in exchange for the delegation? | |||||||||||||||
44 | 10.8 | Token Details | Do you plan to launch an IEO, ICO, STO or other public token offering? | |||||||||||||||
45 | 10.9 | Token Details | Do you plan to raise money from other investors? | |||||||||||||||
46 | 10.10 | Token Details | What is the vesting period, in months, for the team members? | |||||||||||||||
47 | 10.11 | Token Details | What is the vesting period, in months, for the early / seed round investors? | |||||||||||||||
48 | 10.12 | Token Details | What is the vesting period, in months, for ICO investors? | |||||||||||||||
49 | 10.13 | Token Details | What is the % token distribution to the team? | |||||||||||||||
50 | 10.14 | Token Details | What is the % token distribution to marketing? | |||||||||||||||
51 | 10.15 | Token Details | If you haven’t tokenized, but still provide a service, please describe the service and the amount of that service that you’re offering to perform for Steemit and/or the Steem community in exchange for the delegation. | n/a | If you are not offering a token, please offer services to the steem community and specify what they are here | Yes, we will be offering a token. | Closed | |||||||||||
52 | 10 | Section Subtotal: | 5 | 0.0 | 0 | |||||||||||||
53 | 11.1 | Delegation Request | Specify the desired time frame for the delegation in 6 month increments: [E.g. 6 months, 12 months, etc.] | 36 months (3 years) | 2 | 1 | 1.0 | 2 | ||||||||||
54 | 11.2 | Delegation Request | Which one of the following answers best describes how the delegation will be used to add direct value to Steem? Select all that apply. | It will be used to create new accounts., It will be used to give new accounts 15 SP to give them the resources needed to use Steem and purchase goods and/or services through our platform., It will be used to incentivize the creation of content that promotes Steem / your project on external platforms. | 3 | 2.0 | Will there be any other benefit to steem blockchain as a whole? | No Response | Closed | |||||||||
55 | 11 | Section Subtotal: | 5 | 3.0 | ||||||||||||||
56 | 12.1 | Agreement | We agree that our business will continue to leverage the Steem blockchain as long as we are receiving a delegation and 1 year following the removal of the delegation. During this time we also agree to promote the Steem blockchain as a valuable technological protocol that delivers unique value. We are willing to sign a legally binding contract with Steemit, Inc. to this effect. | Yes | 2 | 1 | 2.0 | |||||||||||
57 | 12 | Section Subtotal: | 2 | 2.0 | ||||||||||||||
58 | 13.1 | Renewal Metrics | For Questions 1-10, please upload a CSV of the data. | https://drive.google.com/open?id=1BW_7pdbSQJ2CblRAO-qUWDuCezGJ39O4 | ||||||||||||||
59 | 13.2 | Renewal Metrics | For Question 7, Table 2, please upload a CSV of the data. (Remember to place the totals for all clients in table 1) | https://drive.google.com/open?id=10h8nMIp4rNJJjyeu3AOgmrDflw0BOCDH | ||||||||||||||
60 | 13.3 | Renewal Metrics | How many new accounts have been created using your projects' account this quarter? | 3 | 0.0 | |||||||||||||
61 | 13.4 | Renewal Metrics | a) How many Steem accounts are interacting with your project (this includes guest accounts as well as Steem user accounts) | 2 | 2.0 | |||||||||||||
62 | 13.5 | Renewal Metrics | b) How many Guest (non Steem) accounts are interacting with your project | 2 | 0.0 | |||||||||||||
63 | 13.6 | Renewal Metrics | How many impressions is your project getting? | 2 | 2.0 | |||||||||||||
64 | 13.7 | Renewal Metrics | What is the total quarterly (USD) value of rewards disbursed directly tied to the delegation? (can be a negative number of your projects is a flagging project) | 3 | 2.0 | |||||||||||||
65 | 13.8 | Renewal Metrics | How much external revenue have you generated in USD per quarter? Do not count Steem income from curation / voting. | 2 | 0.0 | |||||||||||||
66 | 13.9 | Renewal Metrics | How much revenue have you brought to Steem as measured by total STEEM powered up through your project's Steem accounts | 4 | 0.0 | |||||||||||||
67 | 13.10 | Renewal Metrics | How much Steem is delegated to your project to manage on behalf of your clients? (fill sum in table 1, and show break down by client on table 2) | 2 | 0.0 | |||||||||||||
68 | 13.11 | Renewal Metrics | How much Steem Power is delegated to your project from the Steem community? | 2 | 0.0 | |||||||||||||
69 | 13.12 | Renewal Metrics | For the KPIs listed above, back report progress for the duration of the delegation on a quarter by quarter basis. | 3 | 2.0 | |||||||||||||
70 | 13.13 | Renewal Metrics | How much Steem / SBD has your project burned? | 3 | 0.0 | |||||||||||||
71 | 13.14 | Renewal Metrics | Describe what value the project continues to bring to the Steem community and why the community should continue to support your project? | Korea has been one of the largest communities on Steemit for some time. The community has been creating a good amount of fine contents. It was a good market and we wanted to expand it while delivering greater value to the whole steem ecosystem. When we first started the project, our goal was a complete establishment of Steem ecosystem in Korea and furthermore, in other Asian countries. Steem is a community based blockchain and we always believed bringing in more communities means priceless value to the chain. This idea led us to launch the platform in multiple Asian countries (some of them haven’t been operational for some months now due to cost issues). We want more communities in and we’ve been doing our best we could to accomplish this. We believe this explains most of the reasons why we need continuous support from the community. | 2 | 1 | 1.0 | General comment, this data does not appear to be organized in any useful way. How will you distinguish yourself from just another blog location? For example, partnerships with restaurants, location based recommendations. Something about bringing value into the ecosystem. | There are still many features our team has planned to add on the platform but has not yet carried out. Partnership with local restaurants is certainly one of them. Restaurant review platform on a blockchain is still unique itself, but success will only come when there is a good product. Most of all, we want to focus on what users experience on our platform. The content we deliver will have to be accurate, informative and also fun. User rank feature was one of the things we tried for this goal. | Closed | ||||||||
72 | 13.15 | Renewal Metrics | Describe your project roadmap with expected timelines and milestones. | Q4 2019: Advanced user based curation system update # of daily posts: 100 Q1 2020: Re-open Tasteem in Thailand and Vietnam # of daily posts: 150 Q2 2020: Non-steem user onboarding update Launch Tasteem in another country (possibly China or Malaysia) # of daily posts: 200 Q3, Q4 2020: Implement revenue stream models onto the platform Advanced user ranks feature update # of daily posts: 300 | 2 | 1 | 1.0 | |||||||||||
73 | 13 | Section Subtotal: | 32 | 10.0 | ||||||||||||||
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