| 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 | 9/7/2019 14:24:15 | ||||||||||||||
3 | 1.2 | Info | Application Tier | TOP (1,000,000 SP) | ||||||||||||||
4 | 2.1 | Requirement | Transaction of Application Fee | 74bcc409119e62b212e3c6d1236cde0f63438717 | OK if adequate amount of steem has been burned | |||||||||||||
5 | 2.2 | Requirement | Image Proof of Application Fee | https://img.esteem.ws//bax42akph9.png | OK if adequate amount of steem has been burned | |||||||||||||
6 | 3.1 | Project info | Company Name | Ledger Innovation | Rate section as a whole | |||||||||||||
7 | 3.2 | Project info | Place of Incorporation | Lithuania | ||||||||||||||
8 | 3.3 | Project info | Token name (if applicable) | ESTM | ||||||||||||||
9 | 3.4 | Project info | Token Type (ERC20, Steem-Engine, SMT etc) | SMT | ||||||||||||||
10 | 3.5 | Project info | Project Type | For Profit Business | ||||||||||||||
11 | 3 | Section Subtotal: | 1 | 1.0 | 1 | |||||||||||||
12 | 4.1 | Delegation received (purpose) | When did you get the delegation? | Feb 7 '18. | N/A | |||||||||||||
13 | 4.2 | Delegation received (purpose) | Under what terms (if any) did you receive the delegation? | There were no terms. | 1 | 1.0 | Please confirm that you accept that any approval of this delegation renewal becomes the terms for your future delegation | There was no terms! But renew of delegation will be under terms which we will gladly accept and comply. | Closed | |||||||||
14 | 4.3 | Delegation received (purpose) | What was the intended purpose for the delegation? | To help user growth and continious development. | 1 | 0.5 | ||||||||||||
15 | 4.4 | Delegation received (purpose) | How have you applied your delegation for that purpose? | Yes, send enquire to Ned Scott for considering support. | 2 | 1.0 | Please confirm if your delegation has been used for purposes other than those intended.If this is the case, please further specify what the delegation was used for | Delegation was used to claim account credits for upcoming user onboarding features as well as encouragement and engagement of activities on blockchain. We have actively curate active users and our curation history can be checked here for how many unique users are curated manually daily. Delegation will be continued to be used for claiming account credits and support user growth, onboarding and retaining. | Closed | |||||||||
16 | 4.5 | Delegation received (purpose) | How long are you requesting the continuation with the delegation? | 24 months. | 1 | 1.0 | Please confirm that a delegation limit of 12 months will be sufficient | |||||||||||
17 | 4 | Section Subtotal: | 5 | 3.5 | ||||||||||||||
18 | 5.1 | Market | What problem is the product/project solving? | The goal of eSteem platform is to grow Steem userbase by offering them unique desktop and mobile experience, as well as contribute to decentralization nature of the Steem. We think for global expansion attracting mobile as well as privacy/security concerned desktop users is crucial. | 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. | Feruz Muradov (CEO and founder) 15+ years of full-stack development and project management The Royal Institute of Technology, Sweden (Scientific Computing) https://www.linkedin.com/in/feruzmuradov/ Talha Bugra Bulut (CTO, tech lead) 10+ years full-stack web development https://www.linkedin.com/in/talha-buğra-bulut-19aaa28 Fil Dunsky (CMO, product lead) Designer and product lead, 15+ years of designing and illustrating. https://www.linkedin.com/in/fildunsky/ Ugur Erdal (Mobile team) 5+ years of mobile development https://www.linkedin.com/in/ugurerdal/ Mustafa Buyukcelebi (Mobile team) 5+ years of mobile development https://www.linkedin.com/in/mistikk/ | 15 | 3 | 13.0 | |||||||||||
21 | 6 | Section Subtotal: | 15 | 13.0 | ||||||||||||||
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. | eSteem - https://esteem.app/ Desktop and Mobile apps, soon Web. eSteem Search - https://search.esteem.app/ Github - https://github.com/esteemapp/ | 15 | 3 | 14.0 | |||||||||||
23 | 7 | Section Subtotal: | 15 | 14.0 | ||||||||||||||
24 | 8.1 | Business Strategy | Fiat Revenue Strategy: [E.g. We plan to sell NFTs which represent in-game items for US Dollars] | Our strategy is increasing utility of ESTM token which we are going to explore until SMT launch. Latest releases offer user to purchase in-app points to experiment with use cases. As we improve gamification of app, we hope this revenue stream will help us expand. | 2 | 1.5 | ||||||||||||
25 | 8.2 | Business Strategy | Fiat Revenue Projections in $/user every month: [E.g. $10/user] | Roughly estimate, total revenue of all users per month = $2,500 Revenue per user per month = $2,500 / 7,500 = $0.33 | 1 | 0.3 | 0 | |||||||||||
26 | 8.3 | Business Strategy | How will your business strategy increase the amount of STEEM being powered up and/or burnt? | Our STEEM earnings are locked up as Steem power to help us increase our support towards our users. | 2 | 0.5 | 0.5 | 0 | This does not explain how steem will be burned or powered up as a result of steem purchaes / revenue generated. Do you have a strategy or a reason for users to power up on your platform? Alternatively, will you burn some of your profits to help curb steem inflation? | Encouraging powering up is another gamification factor we are working on these days, because we believe users should be encouraged as well as support for such commitments. And with ESTM, we will create demand for STEEM indirectly. | Open?? | |||||||
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.) | For Steem community, we are offering free tools and services that will help them access blockchain on go and any time. Giving complete freedom and all eSteem users are mining ESTM on top of STEEM rewards. For Steemit Inc. we haven't had any financial incentive, but are willing to allocate 10,000 ESTM tokens monthly. | 2 | 0.5 | 2.0 | 0 | Please confirm that you will allocate this 10K ESTM tokens monthly to Steemit Inc | Confirming, 10K ESTM tokens will be mined directly into Steemit Inc. and/or community defined account, monthly. | Closed | |||||||
28 | 8.5 | Business Strategy | Are you or how will you become financially sustainable once the delegation is removed? | Our goal always is to be financially sustainable. With proper aligned incentives on ESTM utility token, we are one step closer. ESTM gamification will be huge incentive for our users to stay active as well as attract new users to Steem. | 3 | 0.5 | 1.0 | Can you please explain specifically how you will create a demand for the ESTM token that exceeds the amount of steem sold into the market from ESTEEM Upvotes. | Demand for ESTM comes from scarcity as well as utility. We are testing initial use cases, as I am sure you are aware of. And goal is to add premium features and integrate ESTM in every part of application while making sure that users enjoy the experience. For example, we want to test out deflationary economic model for ESTM until SMT is out so we can experiment with supply and demand scale. Right now ESTM doesn't have fees on every transaction and we want to introduce fee that gets burned and it creates scarcity. Demand comes from utility and we are thinking of new feature sets completely designed for ESTM. | Open?? | ||||||||
29 | 8 | Section Subtotal: | 10 | 5.3 | ||||||||||||||
30 | 9.1 | KPI Progress Measurement | KPI 1 description | Onboarding | 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: | Quarterly 1500 | ||||||||||||||
32 | 9.3 | KPI Progress Measurement | KPI 2 description: | Revenue | ||||||||||||||
33 | 9.4 | KPI Progress Measurement | KPI 2 target: | Quarterly $24000 | ||||||||||||||
34 | 9.5 | KPI Progress Measurement | KPI 3 description: | Retention/Active users | How do you measure retention | Mobile app stores provide really good in-depths details about retention of users. For Surfer (desktop app) and Web application, we are exploring metrics that will help us estimate retention. ESTM mining is also based on retention so measuring it should be few queries. | Closed | |||||||||||
35 | 9.6 | KPI Progress Measurement | KPI 3 target: | Quarterly 15000 | ||||||||||||||
36 | 9 | Section Subtotal: | 5 | 4.0 | 3 | |||||||||||||
37 | 10.1 | Token Details | Are you / Will you be offering a token? | Yes | Rate Section as a whole. Median score of less than 1 for whole section is subject to being knocked out | |||||||||||||
38 | 10.2 | Token Details | Token Launch date | 8/1/2019 | ||||||||||||||
39 | 10.3 | Token Details | Total Token Supply at launch (in number of tokens) | 1000000000 | ||||||||||||||
40 | 10.4 | Token Details | Fundraising target (in order to fund expansion into the operational / project growth phase / mass market adoption), in USD | 200000 | ||||||||||||||
41 | 10.5 | Token Details | Percentage Yearly Inflation | 0 | ||||||||||||||
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 | 0 | ||||||||||||||
43 | 10.7 | Token Details | How many tokens will you offer Steemit Inc. / the Steem Community in exchange for the delegation? | 10000 | 10K per month of delegation? This should include previous months of delegation.Please confirm this is correct | 10K per month of delegation? This should include previous months of delegation. Please confirm this is correct. From 2019 Q4, 10K ESTM will be allocated for delegation. If Steemit Inc./Community demands for previous Q3 as well, we can consider it. Note however, ESTM was conceived recently and when delegation was received there wasn't terms to offer tokens in return. | Closed | |||||||||||
44 | 10.8 | Token Details | Do you plan to launch an IEO, ICO, STO or other public token offering? | Yes | ||||||||||||||
45 | 10.9 | Token Details | Do you plan to raise money from other investors? | Yes | ||||||||||||||
46 | 10.10 | Token Details | What is the vesting period, in months, for the team members? | 24 | ||||||||||||||
47 | 10.11 | Token Details | What is the vesting period, in months, for the early / seed round investors? | 0 | ||||||||||||||
48 | 10.12 | Token Details | What is the vesting period, in months, for ICO investors? | 0 | ||||||||||||||
49 | 10.13 | Token Details | What is the % token distribution to the team? | 5 | ||||||||||||||
50 | 10.14 | Token Details | What is the % token distribution to marketing? | 15 | ||||||||||||||
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. | |||||||||||||||
52 | 10 | Section Subtotal: | 5 | 4.0 | 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.] | 24 months (2 years) | 2 | 1 | 1.0 | 2 | Please confirm that a delegation limit of 12 months will be sufficient | Claiming account credits is major use case of delegation and we have well-documented encouragement program to increase user retention on Steem. | Closed | |||||||
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., It will be used to provide limited trial or discount services to clients to encourage them to hold Steem and delegate in the future. | 3 | 2.0 | Will there be other ways in which this delegation will be used to directly benefit Steem blockchain? | Other direct benefits are to help onboarding users via our mobile app as well as desktop and soon web application. | 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=1bBecGRFt6LNV3e6yGQE5YnpYv3lrDGpU | ||||||||||||||
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) | |||||||||||||||
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 | 0.0 | |||||||||||||
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 | 0.0 | |||||||||||||
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 | Please confirm what your revenue streams are that are NOT curation rewards, or beneficiaries For example, have you considered chariging steem to apps to list on ESTEEM? | For example, have you considered charging steem to apps to list on ESTEEM? We don't have any revenue since August of this year and since launch of ESTM in-app purchases, we are starting to generate some income outside of curation/beneficiaries. Until ESTM, beneficiary was our primary source of revenue, along with witness rewards. We have also introduced fee based open Search engine which will contribute to our revenue stream. | Closed | ||||||||||
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 | 1.0 | |||||||||||||
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 | 0.0 | |||||||||||||
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? | Mobile, Desktop apps and Search engine we think is main and major pin points for any social network and we believe our project bringing and will continue to bring more people and increase retention. | 2 | 1 | 1.5 | |||||||||||
72 | 13.15 | Renewal Metrics | Describe your project roadmap with expected timelines and milestones. | Roadmap Short to long term roadmap: v2.2.0 release Surfer, desktop application ✅ v2.2.0 release of Mobile, iOS and Android application ✅ v2 release of Homepage with minimalist style webapp Detailed whitepaper draft On-boarding outreach, referral system Communities Steem Engine token integration (depends on smt release) Multi-wallet Exchange tokens P2P market Merchant/businesses onboarding | 2 | 1 | 1.5 | Any Specific Timelines to give here? | We have published about our roadmap but we cannot give timelines for each specific item, but each of these items are designed to not take more than quarter. We move fast sometimes we add new services or items on roadmap. Short list is given here first 3 is done! | Closed | ||||||||
73 | 13 | Section Subtotal: | 32 | 6.0 | ||||||||||||||
74 | 100 | % | 59.8 | |||||||||||||||
75 | ||||||||||||||||||
76 | ||||||||||||||||||
77 | ||||||||||||||||||
78 | ||||||||||||||||||
79 | ||||||||||||||||||
80 | ||||||||||||||||||
81 | ||||||||||||||||||
82 | ||||||||||||||||||
83 | ||||||||||||||||||
84 | ||||||||||||||||||
85 | ||||||||||||||||||
86 | ||||||||||||||||||
87 | ||||||||||||||||||
88 | ||||||||||||||||||
89 | ||||||||||||||||||
90 | ||||||||||||||||||
91 | ||||||||||||||||||
92 | ||||||||||||||||||
93 | ||||||||||||||||||
94 | ||||||||||||||||||
95 | ||||||||||||||||||
96 | ||||||||||||||||||
97 | ||||||||||||||||||
98 | ||||||||||||||||||
99 | ||||||||||||||||||
100 | ||||||||||||||||||