Currently, the NFT space does not have a consolidated platform that currently allows an owner to document every single piece of activity related to their BAYC/MAYC and other NFTs in a central location.
All NFT marketplaces like OS/LooksRare currently offer ONLY quantitative data on digital assets. There is:
These are factors that are going to become more and more important surrounding BAYC and the wider NFT projects purchasing/selling/licensing assets in the future.
Track the Myth aimed to become the platform to bridge this gap with an online platform which allows users to post/follow/like different NFT pages and follow its journey over time.
The Track the Myth team came to Codepace solely with an idea for an MVP and basic features and a rough business plan on how to execute. We first worked with the client to understand what were the objectives of the platform and see what were the right steps to get the MVP out in the market as quickly as possible with all the features that the target market were looking for.
After having a few workshops to truly understand the main objectives, and consulting different experts on their opinion, a project proposal was developed which became the foundation of the entire project.
Alongside software development, we worked with the client to understand how to obtain higher user stickiness. We explored concepts such as collaborative “NFT canvases” and NFT Mint passes. It was clear that the client’s ambition was to develop a social media platform which has mass user adoption, so we had to understand what made other platforms so addictive and recreate that with a Web3 touch. We explored different obstacles users might face as well as exploring exclusivity or full-openness on the platform.
Until MVP, the client was funded by an angel investor from his own network. But to develop the future phases, we needed larger funding. Since crypto winter resulted in investors, we are currently exploring DAO grants.
