Problems & Solutions
The mission to solve the core problems in the NFT space
Web3 and NFTs have been increasingly popular in the last 3 years and has made a ripple effect across the entire crypto industry. But for most NFT projects it has been challenging finding utility in the web3 space - We might have found a solution.
The initial hype phase is now over, and Twitter clout value has decreased drastically. Holders and investors now expect real World utility to construct conviction towards investing further in non fungibles.
While most projects use the same template for their roadmap, we've designed a roadmap to reward our holders and the Cosmodinos ecosystem. While developing Cosmodinos we aimed address to the following topics:
PFPs
PFPs are the heart of the NFT space and is a way for people to express their identity and values through art. Furthermore it can be seen as a token of wealth and prestige just like traditional art. But without innovation, utility and reinvention of the space, PFPs will most likely decrease in popularity and ultimately become history.
To address this problem, we've come up with various initiatives. Initiatives that will contribute to Cosmodinos as whole, holders and our community members.
Integrate Cosmodinos PFPs into Cosmodinos games.
Cosmodinos holders will be become stakeholders in our enterprise.
Cosmodinos holders will receive voting rights for new initiatives and businesses.
Cosmodinos holders will receive dividend from our businesses in the form of digital assets and rewards.
When you buy into Cosmodinos you don't just buy a PFP, you buy a seat in the Cosmodinos enterprise.
Real World applications
Most NFT projects don't have any utility let alone real World utility, which is the very core of the problem in the NFT space. What we've observed as "utility" are merchandise, meetups and community. Fundamentally these are good initiatives, but not enough to move the space forward.
Our solution to this is to create digital products for both web2 and web3, and at some point tangible products to improve our brand.
Build SaaS (Software as a Service) products to enhance and improve various aspects of web3.
Build Cosmodinos games (Dino Clash) to further improve our own community and brand.
Build DinoVerse with its own functional ecosystem.
Develop and manufacture plushies, hoodies and other merchandise based on Cosmodinos NFTs.
Revenue streams
While the main source of revenue in the NFT space comes from releasing new collections, we chose to flip it around and focus on other revenue streams that are more sustainable on a business/startup perspective.
As mentioned above we've made some initiatives that we'll capitalize on when the time is right. We believe that turning Cosmodinos into a tech company with a more business minded approach will gain both the brand and the holders in the long run.
Community & holders
Communities and holders are the backbone of any NFT project. It is what keeps a collection alive and flourishing. But the nature of the NFT space makes it very difficult to sustain an active and engaging community as people are jumping from projects to projects with the hopes to profit.
We believe that the above points will create strong enough incentive for people to buy and keep their Cosmodinos.
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