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sushi-state's Introduction

Sushi-State

Stars Arena on SUI socialfiv2

Problem Statement

In the burgeoning sphere of Social Finance (SoFi) applications, two predominant roadblocks significantly hamstring the trajectory towards mainstream adoption and virality:

1. Onboarding Quagmire ๐Ÿšง:

The initial foray into existing SoFi apps often feels like navigating a labyrinth for the average user. The quintessential requirement of mastering blockchain nuances, managing private keys, and setting up crypto wallets, acts as deterrents rather than incentives for new users. This intricacy in onboarding is a stark contradiction to the user-friendly experience that social media platforms conventionally offer.

2. Unrewarded Participation ๐Ÿšซ๐Ÿ’ฐ:

Current social media platforms operate on a unilateral value extraction model where the platform benefits from user engagement, but the users or creators rarely see a dime for their contributions. This paradigm is far from being equitable or incentivizing for the vast community that powers the social media ecosystem.

Sushi Stateโ€™s Groundbreaking Solutions ๐Ÿ› ๏ธ

1. User-Friendly Onboarding with SUI's zk Login ๐ŸŽˆ:

Sushi State heralds a new era of user-centric onboarding by ingeniously integrating SUIโ€™s zk Login technology. With just a simple login through Google accounts, users are smoothly transitioned into the Sushi State ecosystem. Behind the scenes, a non-custodial wallet is created, obviating the need for users to juggle private keys or undergo tedious wallet setups. While many have attempted to implement SUIโ€™s zk Login, Sushi State stands as the only platform with a fully operational implementation, setting a new gold standard in user-friendly onboarding in the SoFi landscape.

2. A Financially Incentivized Social Arena ๐ŸŽ‰๐Ÿ’ธ:

Sushi State goes beyond the one-dimensional social interactions of traditional platforms by introducing a multi-faceted financial marketplace. Creators are allocated shares for their content, turning their creativity into tradable assets. On the flip side, users can buy, hold, or sell these shares based on a dynamic trading algorithm, akin to the experience on trading platforms like CoinDCX. This disruptive model metamorphoses social engagement into a financially rewarding venture, aligning the interests of creators, traders, and casual users.

3. Trading creator's shares with SUI tokens:

Sushi State strives to enhance the value for both users and creators. Our platform enables seamless trading of shares in any user's portfolio using non-custodial SUI wallets and transactions in SUI tokens. This inclusive approach rapidly onboards a vast network of participants.

4. Exclusive community access with creator's shares

Users who acquire a creator's shares will be seamlessly ushered into an exclusive gated community within the Sushi State platform. This dedicated space serves as a hub for members to engage, exchange ideas, and delve into diverse topics. Creators actively participate, fostering connections by providing special discounts on their offerings, organizing exclusive meetups, and offering various perks to their dedicated followers.

Technical Fortitude and Business Acumen ๐ŸŽฏ

- Robust Trading Algorithm:

The platformโ€™s trading arena is driven by a meticulous algorithm that continually adjusts share prices based on real-time demand and supply dynamics. This real-time trading experience is not only exhilarating but also lucrative, mirroring the adrenaline of stock trading, but with your favourite creators as the stocks!

- Custodial Wallet Solutions ๐ŸŽ:

Our custodial wallet solutions are designed to be straightforward and user-friendly, reducing the technical barriers traditionally associated with blockchain-based applications.

Wrapping Up ๐ŸŽฌ

Sushi State isnโ€™t merely a platform; itโ€™s an ecosystem where every stakeholder, from creators to casual scrollers, finds a value proposition. The blend of an effortless onboarding experience, a thrilling financial marketplace, and robust technical infrastructure, positions Sushi State as a pioneer ready to redefine the SoFi landscape. By addressing the core pain points with innovative solutions, Sushi State is poised to propel the SoFi space into a new era of mainstream adoption, financial empowerment, and exhilarating social engagement.

P.S. The project is inside the socialfiv2 folder.

sushi-state's People

Contributors

shreyas0924 avatar gaurav-11018 avatar kruthi3012 avatar

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