[Y6] - MemeSpark 🏅

We have built a Instagram-like DApp where users can generate and post their memes. Each meme published in the platform can be minted as an NFT and can be rated by the platform users. Registration is done through a Custodial Wallet (Magic) to avoid losing users when requesting for their wallets.

Users create memes that automatically generate NFTs and onboards users to the web3 in a gamified fashion.

Included is a unique hidden watermark that credits the creator and the owner.

Users rate other memes in order to continue posting, This introduces the concept of gas.

When you receive a like, your meme/NFT increases in value.

Every user can see the value of their meme collection on their profile.

Each user has a limited number of "likes" used to rate other users and keep posting.

Interactions:

-Star: highest recognition for your creation. You can only give one star per day and it gives automatic rewards to the creator.

-Likes/LOLs : the creator gets rewards by accumulating these reactions (for example, 10 likes equals one star)

- Flag: Validators and consensus based on copyright infrigement or violation of pther community standards

Creator Authorship and Value

Since NFTs demonstrate creator authorship, if their meme goes viral, they can be credited as the author and gain social recognition.

When a user accumulates a certain number of rewards, they can redeem their savings for money in crypto or get exclusive features in the app.

Business Value

Brands can propose challenges to users to create memes with the sponsored logos.

For example, Sony Music can provide images of its artists so that creators can generate memes with those images and give rewards to the most successful ones.

Technical Stack

Magic SDK for Instant Wallets

Solidity for Smart Contracts

React for Interface

Supported Networks: Optimism, Ethereum, Solana