Version: 0.1.0
Crypto is not just a speculative instrument for traders. Not on our watch.
We, at Hyperversal Blocks believe that the best way forward is to research, plan and execute new features and services for the consumer.
Our primary objective is simple: increase consumer adoption by focusing on the following critical areas:
- Practical services for the people
- Secure core technology
- Privacy for all
- Completely open-source
Yes, you heard that right. Privacy is at the core of our ecosystem. It is your right and no one can take it away from you.
Hyperversal Blocks will never, ever, make a product for its user base that is not open-source.
We are going to fight your battle for you, and for us, and for our and your children.
At Hyperversal Blocks, we firmly believe in the power of open-source software. This foundational principle guides our approach to every product we develop. By ensuring that each of our products is completely open-source, we are not just sharing code; we are inviting collaboration, fostering transparency, and building a community of trust and innovation.
Transparency is at the heart of our decision. We understand that in today's digital landscape, knowing exactly what you're getting is paramount. Open-source software allows users to look under the hood, understand the inner workings, and trust the product without reservations. This transparency ensures that there are no hidden surprises or undisclosed functionalities.
Moreover, being actively involved is a cornerstone of the open-source philosophy. We encourage our users to not just be passive consumers but active participants. Whether it's providing feedback, reporting bugs, or suggesting improvements, every user has the opportunity to shape the product's future.
The ability to contribute is another significant advantage. Open-source software thrives on community contributions. Whether you're a developer, a designer, or an end-user, your insights and contributions can directly impact the product's evolution. This collaborative environment not only improves the product but also fosters a sense of ownership and community among its users.
Lastly, our commitment to open-source means you can stay updated with the progress of our products. Open-source projects are dynamic, with continuous improvements and updates. As a user, you're always in the loop with the latest advancements and can even play a role in driving these changes.
In summary, Hyperversal Blocks' dedication to making each product completely open-source is a testament to our commitment to transparency, user involvement, community contribution, and continuous improvement. We believe this approach not only enhances our products but also aligns with our core values of trust, collaboration, and innovation.
At Hyperversal Blocks, we hold a fundamental belief that privacy is not just a feature, but a birthright of every user. We are deeply committed to ensuring that you have full control over your data. In our view, you own your data, and you should have the freedom to share what you own. Recognizing the value of your private information, we believe that if you choose to share your data, you are entitled to receive an incentive for it. This principle is embedded in our approach to privacy.
Our focus is on designing systems based on the principle of zero-knowledge for certain use cases. This ensures the privacy of your data, even in scenarios where you opt to share it for incentives. We are dedicated to creating an environment where your data is protected, and your privacy is paramount.
Furthermore, we empower you with the ability to request the deletion or a copy of your data at any time. This control is a testament to our commitment to your privacy rights. We guarantee that our applications will not spoof or access any information without your explicit permission or knowledge. Your privacy and trust are the cornerstones of our relationship with you, and we are steadfast in upholding these values in every aspect of our operations.
This document provides a written outline of how we envision our ecosystem, technical aspects of our different products/services and an overview of our roadmap.
This document currently discusses 2 of our ongoing projects:
- Averveil
- BML-Loop
Each proejct has been discussed in details. Since this document also contains technical information (like development and desinging), this doocument will constantly be updated to reflect better the changes that have been discussed and planned.
This document also discusses the underlying ecosystem (Hyperversal Blocks) and the use cases that would be the top priority of the ecosystem.
"Hyperversal Blocks" represent the foundational elements of an expansive ecosystem, designed for the dual purpose of
constructing a hyper-connected system. These 'blocks' symbolize the core, modular components of our open-source
framework, designed to seamlessly integrate into multiple projects. The hyperverse refers to the networked realm where
these blocks combine, ultimately generating functional and valuable applications for users.
Consider our flagship initiative, "Averveil," which illustrates our ecosystem's operational paradigm. At its core, Averveil empowers users to monetize their data by sharing it securely via Zero Knowledge. Within this framework, ' blocks' are the essential, adaptable modules — such as transaction processing systems or IoT device interfaces — that form the backbone of the project. Meanwhile, the 'hyperverse' concept embodies the project's capacity to interface with the entire ecosystem, where applications built with Hyperversal Blocks can, with the user's consent, contribute data to Averveil. This not only facilitates the accumulation of valuable insights but also rewards users for their contributions. Envision Averveil as a secure, data repository, operating on the principles of zero-knowledge proof to safeguard privacy while compensating users for data contributions.
The ecosystem features a utility token named HBLOCK, which serves as the medium of exchange for various activities and contributions. Users within this ecosystem are rewarded with HBLOCK tokens for engaging in a range of activities such as staking, participating in surveys, or conducting beta testing, particularly within the "BML-Loop" initiative where startups and businesses offer HBLOCK tokens as incentives to users for their valuable feedback and testing efforts. Similarly, in Averveil, users are paid HBLOCKS as rewards for providing the data. Details on the tokenomics of HBLOCK can be found later in this document.
All of the projects within the ecosystem will use the HBLOCK token.
In this framework, startups and businesses enlist the services of early adopters and beta testers, paying BML-Loop in Matic currency. Upon successful completion of their services, these testers are compensated with HBLOCK tokens, thereby maintaining a strong liquidity pool for the HBLOCK reward system.
The revenue model of BML-Loop includes a profit-sharing mechanism where profits are allocated as follows:
- A portion is retained by BML-Loop for its operational costs and growth.
- A part of the HBLOCK tokens is burned, effectively reducing the total supply and potentially increasing the value of the remaining tokens.
- A percentage of the profits is distributed among HBLOCK token holders, providing them with a return on their investment.
This structured revenue and token management strategy is designed to benefit all stakeholders within the BML-Loop ecosystem, from the businesses seeking valuable feedback to the individuals providing it, and the investors supporting the platform.
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Transaction Fees:
- Users pay crypto to buy data from different nodes (Node 1, Node 2). Native utility token "HBLOCK" is paid to nodes (price of data is set by nodes). AV could take a commission on these transactions.
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Data Publishing and Rental:
- AV allows the publication of data which can then be rented out. There could be fees associated with publishing data as well as renting it out. The data once rented could also be accessed on Swarm, which is a decentralized storage solution.
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Non-Fungible Tokens (NFTs):
- The data published on AV is also uploaded on the FE as NFTs, indicating that data could be tokenized, creating unique, verifiable, and potentially tradable assets. Revenue could be generated from the creation, sale, and transfer of these NFTs.
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API and Data Source Integrations:
- External data sources, APIs, and databases appear to be integrated into the system. AV could charge for API access or data feed integrations.
AV's revenue model could include fees for transactions, data publishing, data rental, and possibly subscription or access fees for API integrations. Additionally, the creation and trade of NFTs tied to data assets could be a significant revenue stream. This model capitalizes on the decentralized, trustless nature of blockchain technology to facilitate data transactions while earning from various stages of data handling and verification.
For Averveil, the goal is simple, assert your right to privacy and get paid for it. Averveil is like a data-dump, kind of like ChatGPT, only that it is node based, the data belongs to you, and you are incentivised for sharing your data. And the fun part is that it can be integrated completely with any of the sytems. Averveil is being designed such that you can integrate this within your mobile or webapp or just run it as a node. Simply put, Averveil is OpenSea for data, but intelligent.
Averveil also allows the user to generate Zero-Knowledge based proofs of data and submit them on-chain for some verifier interested in buying their data. Data is what drove this technological advancement, and it is indeed not going anywhere.
Averveil has alon won a maximum grant from Swarm Foundation for integrating the Swarm ecosystem within Averveil for decentralized data storage.
This also re-iterates our commitment to staying decentralized and protect your privacy.
BML Loop is an innovative platform designed to revolutionize the beta testing and early adoption experience by leveraging blockchain technology. It serves as a one-stop solution for companies and beta testers, providing a secure and seamless environment for beta testing applications before their full release. The platform stands out by ensuring secure and transparent transactions between companies and testers, which guarantees timely payments and authentic feedback.
For companies, BML Loop offers a straightforward process. They can register their product, select testers based on demographics or device compatibility, launch their beta testing campaign, and receive feedback. Payments to testers are made automatically via blockchain-secured transactions. On the other hand, beta testers can create their profiles, get hired for testing campaigns that match their expertise, test products, provide feedback, and earn rewards. Payments to testers are secure, transparent, and instant, thanks to the blockchain-enabled payment system.
The core features of BML Loop include blockchain security for all transactions, a diverse pool of testers, the ability to customize testing campaigns, and instant payments using cryptocurrency. The technology stack for the platform includes Vue.js, CSS, HTML for the frontend, Ethereum and Web3.js for blockchain, with the backend and database components still to be decided, potentially involving Rust or Go.
BML Loop is committed to openness and transparency, as evidenced by its licensing under the MIT License. This platform aims to bridge the gap between companies and beta testers, ensuring a streamlined and efficient beta testing process.
Hyperversal Blocks and all the projects (or as we like to say, multiverses) are designed such that they are interconnected. This means that the ecosystem demands for a single native token that will be used for all the actions within the ecosystem.
For this purpose, we have decided to create separate governance tokens for each of the project itself and one single utility token that could be used across the multiverses. These utility tokens can be interchanged later with the governance tokens and will not be directly impacted by the project.
For our projects, we have mentioned below the use-cases for the governance token as well as utility token. Please do not that since there would be more projects coming in, the document may be updated quite frequently so do check back for an update.
Our ecosystem will primarily use a single utility token called HB. This utility token will be used across the apps deployed on ecosystem. This token will be responsible for all in-app purchases, rewards and for maintaining the economy of the ecosystem. The primary reason for choosing Polygon for deployment is due to the newly introduced verifiable credentials and the support of ZKEVM that could be used in future for Averveil.
$ represents the cost in US dollars.
- Total Supply: 1 Billion HB
- Foundation: 200 Million HB (20% of total supply)
- 10% Liquid on TGE, linear vesting for 24 months (2 Years total)
- Current and Future Team: 50 Million HB (5% of total supply)
- 12 Months Cliff, linear vesting for 24 months (3 Years total)
- Advisors: 50 Million HB (5% of total supply)
- 12 Months Cliff, linear vesting for 24 months (3 Years total)
- Ecosystem: 200 Million HB (20% of total supply)
- Grants: 50 Million HB (5% of total supply)
- 12 Months Cliff, linear vesting for 24 months (3 Years total)
- Pre-sales: 100 Million HB (10% of total supply)
- 12 Months lockup, linear vesting for 24 months
- Private Round: 100 Million HB (10% of total supply)
- 12 Months lockup, linear vesting for 24 months
- Public Round: 250 Million HB (25% of total supply)
- 6 month linear release
Tokens for ecosystem will be used for facilitation of transactions, staking, rewards, air-drops and for providing liquidity to other projects within the ecosystem.
AV will be the primary governance token for the product Averveil. Tokenomics for this product will come later.
BML will be the primary governance token for the product BML-Loop. Tokenomics for this product will come later.
BML-Loop - On-Chain Upwork for Beta Testers and Early Adopters
Welcome to BML Loop, your one-stop solution for streamlined, secure, and seamless beta testing experiences, bridging the gap between companies and beta testers with the power of blockchain.
BML Loop offers a platform where companies can hire beta testers to evaluate their applications before the full release. Unlike traditional platforms, BML Loop employs blockchain technology to facilitate secure and transparent transactions between companies and testers, ensuring timely payments and authenticating feedback.
Visit our platform here.
- Register Your Product: Create an account, and list your product, specifying the requirements for beta testing.
- Select Testers: Review profiles of potential testers and select based on demographic or device compatibility.
- Launch Campaign: Initiate your beta testing campaign, garnering real-world insights into your product’s performance.
- Feedback & Payment: Receive feedback, and remunerate testers automatically via blockchain-secured transactions.
- Create Profile: Enlist as a tester, mentioning your demographics, devices, and areas of expertise.
- Get Hired: Be discovered by companies and get hired for testing campaigns that match your profile.
- Test & Provide Feedback: Experience the products and provide valuable feedback to enhance them.
- Earn Rewards: Receive secure and transparent payment through our blockchain-enabled payment system.
- Create Profile: Enlist as a early adopter and get access to latest applications.
- Get Incentives: Get incentivized for providing your opinions or if the project is too appealing, feel free to reach out and invest.
- Earn Rewards: Receive secure and transparent payment through our blockchain-enabled payment system.
- Blockchain Security: Our platform utilizes blockchain to ensure the security and transparency of all transactions within the platform.
- Diverse Tester Pool: We offer a diverse pool of testers with varying demographics and device availabilities.
- Customized Testing: Companies can customize their testing campaigns to match their target audience and objectives.
- Instant Payments: Secure, hassle-free, and instant payments using cryptocurrency, ensuring that testers are remunerated promptly.
- Frontend: Vue.js, CSS, HTML
- Blockchain: Ethereum, Web3.js
- Backend: TBD but probably Rust OR Go
- Database: TBD
BML Loop is licensed under the MIT License.
- Social Media Marketing (Ads on multiple social platforms).
- Digital Media Marketing (SEO, Mail, Content, Web, PPC).
- Discount & Promotion Strategy.
- Cross-Selling and Upselling.
- Customer Retention.
- Customer Feedback & Adopting 24/7 customer support.
- Continuous Improvement.
- Outreach Marketing/Affiliate Marketing.
- Tap New Market/Market Expansion.
- Social Media Marketing (Ads on multiple social platforms).
- Digital Media Marketing (SEO, Mail, Content, Web, PPC).
- Viral Marketing.
- Community Engagement.
- Social Media Marketing (Ads on multiple social platforms).
- Digital Media Marketing (SEO, Mail, Content, Web, PPC).
- Outreach Marketing/Affiliate Marketing.
- Viral Marketing.
- Community Engagement.
- Geographically USA is the target market.
- Age: 18 -- 45.
- Gender: Male/Female.
- Income: $1000 minimum.
- Occupation: tech inclined.
- Education: High School Completed.
- Marital status: NA.
- Internationally Segmentation include USA.
- Lifestyle: Multi-variable life style.
- Interests and Hobbies: Primarily Researching, identifying and using new technology.
- Social Class: Lower Middle Class to Upper Class.
- Media Consumption: Magazines, blogs, Books, Newsletters and social media.
- Purchase Behavior: Frequent and occasional buyers of new technology and improvement on existing technology. They have primarily a higher to medium risk tolerance in terms of finances and they usually prefer not to invest/buy or are unlikely to invest/buy in existing or low risk low reward products, business or technologies.
- Product Life Cycle: Early adopters.
- Purchase Triggers: Multi-variable purchase triggers.
- Benefits Sought: Financial, Physical or Psychological.
- Brand Interaction: Interact primarily through Social media, email or application.
- Content Consumption: Blogs, Social media, webinar and newsletters.
- Geographically USA is the target market.
- Age: 21 -- 50+.
- Gender: NA.
- Income: Enough income to survive.
- Occupation: Multi-Variable.
- Education: High School or Experienced.
- Marital status: NA.
- Internationally Segmentation include USA.
- Lifestyle: Multi-variable life style.
- Interests and Hobbies: Primarily Entrepreneurship, Researching, exploring, identifying and using new technology or any other interest/hobby related to Startup.
- Social Class: Lower Middle Class to Upper Class.
- Media Consumption: Magazines, Blogs, Books, Newsletters Social media and Digital media.
- Purchase Behavior: High to Medium Risk taker.
- Purchase Triggers: Multi-variable purchase triggers.
- Benefits Sought: Financial, Physical or Psychological.
- Brand Interaction: Interact primarily through social media, Digital media, Blogs, email or application.
- Content Consumption: Blogs, Social media, webinar and newsletters.
- Geographically USA is the target market.
- Age: 18 -- 40.
- Gender: Male/Female.
- Income: $2000 minimum.
- Occupation: SQA, Beta Tester, Software Tester.
- Education: Some Testing Experience or Related Educational Background.
- Marital status: NA.
- Internationally Segmentation include USA.
- Lifestyle: Multi-variable life style.
- Interests and Hobbies: Primarily Blockchain and Testing.
- Media Consumption: Magazines, Blogs, Books, Newsletters and social media.
- Purchase Behavior: NA.
- Product Life Cycle: NA.
- Purchase Triggers: Higher Packages, Better Offers and Better Commissions.
- Benefits Sought: Financial.
- Brand Interaction: Through Testing and Development.
- Content Consumption: Blogs, Social media, webinar and newsletters.
Evaluating the overall size of your target market is important for assessing the revenue potential and competition within that market.
- Over the last 17 years, the market has has exhibited consistent growth, with a brief decline lasting only 5 months in 2020, primarily attributed to the impact of the COVID-19 pandemic.
- The annual average of startups registering in US over past 17 years is 67,584.
- Annual growth rate of startups registering in US over the past 17 years is approximately 2%.
- In 2021, the workforce of Software Quality Assurance Analysts and Testers comprised 94,942 individuals, with a distribution of 40.1% women and 59.9% men. This represents an average annual decrease of 21% from 2018 (120,206) to 2021 (94,942).
- Approximately 28% of the American population exhibits a strong inclination toward early adoption and the exploration of new technology products, while 45% fall within or close to the median range on the index. The remaining 26% show a lower level of inclination on the index.
- Early traction costly -- Multivariable User base and datasets.
- Pivot is expensive -- Quick iteration from ideas stage to validation stage.
- Information gathering -- Quick and Cheap data collection.
- Finding Investors -- Direct access to investors and innovators.
- Lack of financial and in-app incentives -- Financial and in-app incentives offered.
- Ambiguity in communication -- Noted about apps of your interest.
- Crowded application -- More focus approach for apps of interest.
- Fair distribution of rewards will be ensured.
Averveil is born from the fusion of "aver," meaning to state or assert, and "veil," symbolizing the protective shroud that conceals and guards. Averveil signifies the need for:
- Freedom
- Truth
- Privacy
We aim to be:
- Open-source
- Trustless
- Private
- Decentralized
The purpose is to provide a comprehensive and detailed description of the technical specifications and functionalities of "Averveil". This document aims to facilitate a clear understanding of the system's architecture, features, requirements, and the problems it intends to solve in the domain of data privacy and control. It serves as a foundational agreement between stakeholders and developers, ensuring that both parties have aligned expectations regarding the system’s capabilities, features, and limitations.
Averveil is envisioned as a revolutionary platform that addresses pressing concerns about data ownership, privacy, and security in our increasingly digital society. By leveraging cutting-edge technologies like blockchain, zero-knowledge proofs (ZKP), and verifiable credentials, Averveil aims to empower users with greater control over their data, facilitate secure and transparent transactions through an escrow system, and incentivize data sharing while preserving privacy.
This document also outlines the proposed strategies for engagement, growth, monetization, and marketing to ensure the success and sustainability of the Averveil platform.
The scope of this document encompasses the development and deployment of the Averveil platform, aimed at addressing challenges in data privacy and decentralized transactions. The platform will include a variety of features and systems, focusing on user profiles, data sharing incentives, verifiable proofs, and secure blockchain transactions. Additionally, the project will involve the creation of user interfaces, integration with various software and hardware, and attention to non-functional requirements such as performance, usability, and security. The document also outlines strategies for engagement, growth, monetization, and marketing, along with plans for continuous improvement and adaptations to meet future needs and developments in the field.
ZKP - Zero knowledge proof AV - Averveil Node - One node amongst multiple nodes that can communicate with each other
- Authentication, Authorization, and Selective Disclosure for IoT data sharing using Verifiable Credentials and Zero-Knowledge Proofs
- BBS Sign
- BBS Signature Scheme
- Arduino API Cloud
0.1.0
We are a data dependent society. Humans rely on data in our daily lives more than ever. We use data for everything from making decisions, staying informed, and connecting with others. Whether it's checking the weather, using GPS for directions, or scrolling through social media, data plays a crucial role in our modern society, shaping how we live and interact with the world around us.
In our society, it is a common belief that data ownership is same as privacy but it is not. Just beacuse you own the data does not mean you get to keep it private. Yet, privacy is still your right.
We also have frequent data breaches. In last few years, we can hear people saying that decentralization is the privacy but it is not.Decentralization is about not relying on one central authority, instead it is more like spreading the responsibilities across different entities.
This product is supposed to be an open-source. It is a node based system (via web interface) that allows users to participate in the Averveil ecosystem. Within the realm of Hyperversal Blocks, Averveil is a multiverse comprising of multiple smaller universes(building blocks), each having their own goals and ambitions and could be plugged to any other system.
Node: A node based system that allows users to participate in the Averveil ecosystem by connecting to it. Escrow: A service that allows transaction amongst 2 parties with the help of a third party where third party acts as keeper of the funds. ZK-Insights: Service that collects the information from nodes and other services to create insights on them. ZK-Marketing: Service that allows companies to show ads to nodes without having any knowledge of them ZK-Report: TBD DAO: Responsible for making decisions on behalf of the system.
Node operators:
- Help the ecosystem run.
- Provide with data from various data sources.
- Are active users who engage with system to make use of different services.
Business Users:
- They can have multiple goals e.g. they might want to serve ads to users.
- Responsible for the direct payments to the ecosystem and are considered bulk or big buyers of native token.
When you use services, you often share your data willingly or unknowingly, like when visiting websites or using apps. While you may think your data is kept private, recent data breaches show it's not always the case; your information isn't as secure as you might believe.
Similarly, thinking you're private just because you're decentralized isn't accurate. Decentralization means being more independent and responsible for your data, but it doesn't guarantee complete privacy.
Problem: In today's world, data is incredibly important, but it's getting more complex and valuable. However, we often lack control over our data, and distinguishing real from fake data is difficult.
Solution: We need a system that lets us decide who we share our data with, take responsibility for our choices, and even receive incentives for sharing. Additionally, if we choose to share it against some incentive, someone else should be able to verify the source of the data to provide some accountability.
Result: With this approach, we can gain more control over our data, ensure its accuracy, and potentially benefit from sharing it while protecting our privacy and security.
A basic version of the data control and verification system that allows users to choose data sharing preferences, take responsibility for their data, receive incentives for sharing, and verify data accuracy. This MVP aims to provide essential functionality while serving as a foundation for future enhancements and features. Additionally, entities with whom data is shared can benefit from using the data, being able to verify the source and accuracy of data without actually being able to see the data.
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Build: Start by developing the most basic version of your product or system that includes the core features necessary to solve the identified problem. This should be the MVP you defined.
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Measure: Once your MVP is built, release it to a small group of users or your target audience. Collect relevant data and feedback on how they interact with the MVP. This could include usage statistics, user feedback, and any other relevant metrics.
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Learn: Analyze the data and feedback you've gathered from the users. Pay attention to what's working well and what needs improvement. Identify any unexpected challenges or opportunities that arise from user interactions with the MVP.
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Iterate: Based on the insights and lessons learned, make necessary adjustments and improvements to your MVP. This could involve adding new features, refining existing ones, or addressing issues that users encountered.
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Repeat: Continue the cycle by releasing the updated MVP to a new group of users or the same group if appropriate. Repeat the process of measuring and learning, making incremental improvements each time.
By using the MVP in the Build-Measure-Learn loop, we can gradually refine our product, ensuring it aligns more closely with user needs and preferences. This iterative approach helps us to avoid spending excessive time and resources on features that may not be valuable or necessary, ultimately increasing the chances of creating a successful and user-centered product.
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Data Acquisition
- Initially, specific data is contained within some document(PDF, Excel sheet, word doc etc.). This data is received by a Node through external means, possibly via file uploads, API calls, or direct data transfer.
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Steganographic Encoding
- The Node employs steganography, a technique for concealing information within another medium. In this case, the data from the file is encoded into an image.
- For the MVP phase, the Node uses external tools or libraries to facilitate this steganographic process.
- For the eventual production environment, Averveil plans to develop a custom steganography solution, tailored to meet its specific requirements and enhance data security and efficiency.
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Metadata Definition
- Concurrently, the Node defines the metadata of the NFT. This metadata is structured in a JSON format, detailing attributes of the NFT such as title, description, and links to the steganographically-encoded image.
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NFT Minting Process
- The Node then proceeds to mint an NFT from the encoded image. This NFT adheres to the ERC-1155 standard, chosen for its flexibility and suitability for the MVP's use case. The minting process involves recording this NFT on the blockchain, thereby establishing its uniqueness and ownership information.
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Smart Contract Event and Marketplace Integration
- Following the minting, the associated smart contract generates an event. This event signals the successful creation of the NFT.
- The Averveil marketplace, upon receiving this event, takes action to list the newly minted NFT. This enables the NFT to be visible and available for transactions within the Averveil ecosystem.
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Marketplace Listing
- On the Averveil marketplace, the NFT is displayed with its relevant metadata, image, and any other pertinent details. Potential buyers can view, verify, and engage in transactions to purchase or bid on the NFT.
The Node system stands as a significant feature within the Averveil multiverse. It is a decentralized node-based infrastructure essential for the smooth functioning of Averveil ecosystem. The system empowers users to establish and authenticate their profiles, providing the Averveil ecosystem with rich data which, in turn, can be leveraged by other interconnected entities or users. The design encourages data sharing by rewarding Nodes, fostering a collaborative and informative network. This secure exchange of information is built on a foundation of verifiable proof, ensuring data integrity and privacy. To facilitate such operations, the Node system includes an array of functional requirements such as robust authentication mechanisms, access control, blockchain, and storage interfaces, cryptographic services including zero-knowledge proofs, and comprehensive user and sensor interfaces.
User engagement is a central focus of the Node system, and highlights the need for data ownership, privacy, and control. Users aspire to manage who accesses their data and the scope of such access. They also aim to authenticate their or someone else's data, receive incentives for data usage, and seamlessly connect different sensors to their Node, ultimately generating zero-knowledge proofs for data validation purposes.
The Node's validation criteria revolve around providing verifiable credentials, ensuring data privacy and security, and guaranteeing incentives for data sharing. These criteria are foundational to maintaining user trust and fostering an environment where users feel in command of their data and its utilization within the ecosystem. The credibility of the data that is stored on the ecosystem directly impacts the credibility of the user who is publishing the data which in turn may impact how the user receives the rewards. The credibility score can be improved by submission of better data.
This blockchain-based facility is designed to ensure the secure and transparent execution of transactions, holding financial payments temporarily and releasing them only upon the fulfillment of predefined conditions. By integrating this system, Averveil moves away from traditional intermediaries, instead promoting a decentralized approach with self-executing smart contracts.
Functional requirements for the Escrow system include robust authorization and verification processes to validate all transactional parties, user-friendly interfaces for seamless service interaction, comprehensive management of escrow services, payment and commission handling, and conditional execution of transactions. These elements are critical in establishing an Escrow system that is both reliable and user-oriented.
The user stories for the Escrow system focus on the ability to send and receive money securely, with the assurance that the funds will be transferred only when agreed-upon conditions are met. Users express the need for a fail-safe mechanism that guarantees the return of their money should the conditions not be satisfied.
Validation criteria for the Escrow system are straightforward—users must be able to define and agree upon the conditions for the transaction, send and receive funds accordingly, and have confidence in the secure and conditional nature of the escrow agreement. These criteria ensure that the Escrow system operates transparently and reliably, cementing its role as a trusted mediator in financial transactions within the Averveil ecosystem.
Above-mentioned are some of the projects that we would be working on in the future.
Engagement Strategy: Averveil plans to harness various online platforms to foster user interaction and brand commitment. Utilizing Discord for daily AMAs and LinkedIn for regular posts, Averveil aims to establish an informative dialogue with its audience. Blogging and newsletters will serve as educational tools, enlightening the community about Web3 based solutions.
KPIs for Engagement:
- Click-Through Rate (CTR)
- Conversion Rate
- Impressions
- Bounce Rate
- Ad Engagement
- Mobile Performance
Growth Strategy: To expand its user base and online presence, Averveil will employ SEO strategies, back-linking, and account growth plans on LinkedIn. The aim is to redirect traffic to Averveil’s main website and enhance online visibility. Paid advertisements on LinkedIn, Facebook, and Google will also play a pivotal role in driving targeted traffic and expanding awareness.
KPIs for Growth:
- Ad Position
- Quality Score
- Geographic Performance
- Ad Schedule Performance
- Brand Awareness
Monetization Strategy: Averveil offers distinct products, each contributing to revenue generation. The pricing strategy is under development and will be communicated transparently as the project matures. The focus will be on providing value while ensuring the financial sustainability of the platform.
KPIs for Monetization:
- Return on Investment (ROI)
- Cost Per Click (CPC)
- Customer Acquisition Cost (CAC)
- Customer Lifetime Value (CLV)
Marketing Strategy: Averveil’s marketing approach is multi-faceted, encompassing content sharing through LinkedIn, Discord, and blogs. The aim is to raise awareness, educate, and build trust within the digital ecosystem. Paid advertising on social media platforms and Google will enhance brand visibility and lead generation, with performance monitored through various KPIs.
KPIs for Marketing:
- Conversion Value
- Ad Copy and Design Testing
- Ad Position Share
- Ad Extensions
- Impressions
Averveil is licensed under the MIT License.