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INTROACT

INTROACT

We are going to implement a consensus mechanism, maintain a distributed ledger of stakeholders, and write customised smart contracts involving this blockchain. This mechanism, similar to a POS

Created on 22nd August 2023

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INTROACT

INTROACT

We are going to implement a consensus mechanism, maintain a distributed ledger of stakeholders, and write customised smart contracts involving this blockchain. This mechanism, similar to a POS

The problem INTROACT solves

Many introverts struggle with socialising and connecting with others. Our app aims to bridge this gap and empower introverts to engage in meaningful conversations with like-minded individuals. Especially in college and school,for cofounders, because it's an important age where one should surround oneself with people with the same mentality, but unfairly they meet due to the same geolocations and mother tongue based.So our web app solves this easily.
n our app, users are required to select a category and upload necessary files such as their biodata, education details, and relevant job documents (this verification of those details is done with stake holders of our tokens, like proof of stake). For instance, if someone wants to meet a girl with a GPA of 8 or above, they can choose that preference. In this process, for every match, users need to pay tokens (metask or any wallet). After their meeting, they are required to post a picture as proof, and upon verification (usually stake holders verify their confirmation), we reimburse their tokens, cutting some 2 percent so that that 2 percent goes to the stakeholder who verified it. We are going to implement a consensus mechanism, maintain a distributed ledger of stakeholders, and write customised smart contracts involving this blockchain. This mechanism, similar to a proof-of-stake algorithm, ensures that when users pay a higher amount, they are more likely to meet, as they have a financial stake involved. So here, the approval of both of them having met can be done using machine learning models or even oracles off-chain. This approach enhances communication and exposure for users, while the monetary incentive ensures commitment. Additionally, as the number of categories and sorting filters increases, the amount of money or tokens charged can be adjusted accordingly to generate more revenue. Overall, our app provides a fun networking platform solving many issues.

Challenges I ran into

I worked few bugs in solidity.

Tracks Applied (1)

Web2 to Web3

We are using both web2 and web3 but as this project goes we are shifting to web3 completely since it's just a start so w...Read More
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NEAR Foundation

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