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Cocoon Protocol

Hey there, we are Cocoon Protocol.

We are a DAO tooling platform to generate sustainable income for DAOs, using their most valued asset: their communities. By connecting communities with value-aligned partners, they will be able harness the power of their active contributors to provide value to blockchain companies. Value is provided by active participation in sponsored events, bounties, job opportunities, scholarships, and more. In return, DAOs will be able to grow their treasury and provide their community members with DAO Basic Income (DBI). 100% of the treasure is staked or added to AMMs to produce interest. Interest is paid out to the community on a regular basis. Interest is paid out to the community members as a DAO Basic Income (DBI). Communities can decide if some percentage of the interest goes back to the treasury (allowing them to have a higher DBI in the future). As users engage on our platform, they earn $COCO tokens which gamifies this experience while also allowing us to reward the mosst activate contributors a higher portion of the DBI pool.

Technical Features

-Transak We want to be inclusive to communities who are not yet onboard into crypto. For example, when we partner with local communities like Esquina de Abuela we want to provide an easy way to onramp from fiat current to cryptocurrency to start using our platform.

-Coinbase Wallet We are looking to onboard the new generation of crypto users to utilize as a first line of payments, Coinbase Wallet makes it very easy for a user to create their first cryptocurrent wallet and begin using it immediately on Cocoon Protocol.

-CELO We created an ERC-20 solidity contract deployed on CELO for our $COCO tokens with a total supply of 100 trillion. These tokens will serve as rewards to activate contributors in each cocoon. In addition, tokens will act as points to earn certain NFT badges. The more tokens you earn, the more limited edition badges you get, which grows your share of the DAO basic income. The main benefit of using CELO is that it is carbon-neutral and has 5 second finality.

$COCO Token: https://alfajores-blockscout.celo-testnet.org/token/0xB9D2a1EaD58Ae83A186aDdF61BE96f55F1632c99/token-transfers $COCO Mint Transaction: https://alfajores-blockscout.celo-testnet.org/tx/0xa910c278018757bfe2be05156127c4695b8b2bda13c8f8712538624723cae5e3/token-transfers

-Storj We are using Storj’s decentralized NFT storage with IPFS pinning to house our Cocoon proof of membership NFT badge images and metadata. This makes our NFTs more performant and secure. The main benefit of using Storj is that storing the asset is truly decentralized across thousands of nodes around the world rather than in centralized data centers like AWS or GCP.

NFT Image: https://demo.storj-ipfs.com/ipfs/QmbuyCS7AACDKepon9v76xqK48nFfvVLLwU39eM1miMYVg

NFT Metadata: https://demo.storj-ipfs.com/ipfs/QmcgjW87uThVxnfgBrvHBK5TpPgdYcN9skL1eozXUgAMSy

-NEAR We are minting the NFTs we will be using for Active members and Web3 communities using Near Protocol, this will have governance features in the near future. With @NEARProtocol we are able to be more inclusive to Women in Web 3.0. We’ve build the first test cocoon for in our MVP for @blu3dao, which is on a mission to empower women to learn, earn and play in the web3 space. Cocoon Protocol fulfills all three of these mandates. Users are able to attend educational events, earn $COCO tokens which increase their DBI income share, apply and interview for jobs, find scholarships, go to social events, all while earning money just for being active in these areas. In addition, it allows women to find other web3 communities which are social impact focused. In the future we will build an interactive map that allows users to discover Cocoon campaigns happening all over the world. Social impact DAOs and communities like @blu3dao, @_herdao, @wbw3, @minorityprogram, @BlackLeadersDAO, will be able to use the Cocoon Protocol platform for free, forever.

NFT Cocoon Membership Badge: https://testnet.paras.id/token/paras-token-v2.testnet::1405/1405:1

-Skynet Our dApp generates a static build using Next.js which is hosted to Skynet on the decentralized web. This allows our app to be accessible to anyone all around the world

When we deployed to Skynet, we experienced routing issues. We used NextJS, and there are documented issues with this framework. We were able to deploy our landing page, but unfortunately since the NextJS framework is not compatible, we could not deploy our whole site as intended. Skynet Deployment: https://2003n0sf8l9g640iup2abntct6sm9knug0ho3cjla43umia4f0arbl8.siasky.net/

Cocoon Protocol Information

Mission Statement: https://medium.com/@cocoonprotocol/hey-there-we-are-cocoon-protocol-d1899902be6c

Problem Statement: https://medium.com/@cocoonprotocol/cocoon-what-9c1eddd72444

About Us: https://medium.com/@cocoonprotocol/we-are-a-dao-tooling-platform-to-generate-sustainable-income-for-daos-using-their-most-valued-53cc51930f7b

DeFi on our Platform (Staking and Liquidity Pools): https://medium.com/@cocoonprotocol/staking-on-our-platform-6d3841bdaaf7

Twitter: https://twitter.com/CocoonProtocol

Telegram: https://t.me/+p4j2f6AH9n4zYmEx

Linktree: https://linktr.ee/cocoonprotocol

Developer Commands

Prerequisites:

  1. Node (v12), NVM
  2. Yarn
  3. Git
git clone https://github.com/celo-org/celo-progressive-dapp-starter

https://github.com/celo-org/celo-progressive-dapp-starter