Steemit cryptoacademy homework task for @imagen.

Hey steemians how all of you are doing hope all of you are doing fine both mentally and physically , in this post I will be talking about the blockchain project as per given by @imagen.

White paper

• It is the first thing that investors or users look into for getting details about a block chain and a company and get to know about its owners, partnership and future goals . One shoul must go through the white paper.

My Blockchain Project Name

CRiPTO

• in my opinion the name of a blockchain or a company must be catchy and must tell about the blockchain . My block chain project name is : CRiPTO , it is combination of two words , Cricket and crypto , so I pick initial and final letters of those words and make a new word for my block chain.

Logo of the project

Purpose of this project

As cricket is a very popular game in India , so people here gets attracted to the things related to it , so in this project :

1. Users can predict the result of a cricket match by submitting the coins of this project , and if predictions goes right the user will get a reward for each and every prediction he has made .

2. If I were to make a platform ,I would make it interesting for the user so that I grabs attention , like you have heard about Decentraland , one of the famous NFTs project , so there will be a virtual world in the platform where a player can play with a fee and can win rewards .

3. There are many fans of cricket in India , so there will be a weekly quiz for the users , for some fees they can take part and win and get rewards .

Every user will have its account like Steemit and it's own wallet on the platform , from the wallet , users can pay fee to take part in any of the activities and they will be getting rewards directly in their wallet after they win.

Team

• Sachin Hegde and Ramesh Talwar(Founder and CEO)
• Rohit Kohli(Financial analyst)
• Virat Sharma( head of promotion and marketing affairs )
• Mahi Raina( computer systems analyst)

All of these names are imaginary and doesn't exist , they all are a part of my imagination

Network for the project

My Blockchain Project will be running on TRON network and trc-20 based utility that makes it easier to create new coins and for the faster transactions .

Currency used in platform

Cryptocurrency that will be used in this project is CRiPT , it will be made sure that the value of 1 CRiPT must be equal to 1 USD , like stable coins, users don't have to wait for the coins price to go up instead we will create more coins or users can collect more.

For contact

Website : www.cripto.com
Twitter : @CRiPT
Instagram : @CRiPT
Email: [email protected]

Distribution of tokens

Well at the starting of the project , 5000000 tokens will be created , out of which 60 percent will be sent to launch pool to reduce risk and cost of the project , 10 percent for the advertisement and marketing and remain 30 percent to the employees or to the partners of project.

As I have fixed the value of CRiPT, so I have to create more coins as the users will wait for it instead for looking it to go higher price. So creation of coins is important and the time of creation will be like this :

1. Monthly we have to create coins for the employees and the partners to replace the salaries of the employees and stakes of partners .

2. Whenver there is a need for update or some new software , new tokens will be issued in order to make a balance of coins in the blockchain.

3. And as I have fixed the price of my currency CRiPT , so we need to create more coins continuously to make a proper flow of coins .

Roadmap

I will be making a roadmap of 1 year and will be dividing it into 4 quarters of 3 month each .

Quarter 1 :

• In quarter work I have to work on the root level and have to take permissions for the blockchain project from different authorities in order to not have any problem of security and reliability of my project in near future and will be starting create coins and there will be some contest going on our website to collect coins , coins will be given to everyone who participates and coins will be given for making an account on CRiPTO
  .
  Quarter 2

• Now all my root level work has been done so now I have to prioritize the advertisement and marketing , so I will be giving ads on YouTube or make an account on Instagram ,.twitter and Reddit to gain attraction of the people who love cricket , I will try to advertise it on the sports channel and will talk to the exchanges to list the CRiPT in the list of cryptocurrency and make it a pair with the native currency so that it will be easy for people to know the value and can stake . Meetings with the gaming company to make a game which can intrigue the users .

Quarter 3 :

• Partnership with one of the biggest cricketers of that time and doing an advertisement with him , or partnership with sports companies for gaining popularity and making new coins all along this process to maintain the balance of project or to maintain the inflation .

Quarter 4 : *

• If it becomes a success I will be thinking of taking it to an another level by going offline and issue some cards running on the CRiPT by which one can learn how to play cricket from the players we are in partners with and will try to take it to international level by teaming with the international players and companies.

Conclusion

I know that there can be loopholes or limitations of my project but when you know about the problem you look for a solution and that goes without saying , so I think if I had the investment for it and gave it a try , who would know it could succeed .

For the attention of @imagen.
Thank you