Cryptostamping is live on gitcoin.co

3 min readDec 17, 2021

Hey everyone, we are excited to share with you that our grant is live on gitcoin and is steadily having an increased set of donations on a daily basis. What matters to us most is not the overall fund it can generate, but the drive & inspiration it gives us. This announcement will go briefly into what the project is, and how we are going to make use of the grant funds.

Before we do a deep-dive into our grant, let’s once again introduce what Cryptostamping is and how it will change the digital web forever.

Explain it to me.

In it’s simplest terms, cryptostamping is a system where you use NFTs as stamps to stamp on websites, posts, articles, games, anywhere on internet. Adding value to your digital content & differentiating from the commonality.

NFT is not a right-click-save-image meme anymore, cryptostamping is a world wide web level integration that is as authentic it can get.

Why this matters?

250,000 websites launch per day, and the internet keeps growing every minute, with social platforms and tools making it simpler for one to create content digitally, the amount of spam & useless filler content has reached zenith proportions, it’s time we set a bar and clean the web.

The digital world in the future will be divided into two. One is worthless, One is crypto-stamped.

The endless scalability.

Remember that with the stamp embed, any website can officially convert itself into web3, all with a simple button, and this is not the end, as there are more use cases for it. Check here

Cryptostamping is in essence giving utility to every kind of NFT out there, adding wings to the upcoming decentralized web with a single button.

The Grant Funds

All 100% of the funds will go into the building of the product, we need no salaries, as the fame this gets us is more than enough for us to be content with. Here is a more finer distribution of what it would look like.

30% -> Server up-scaling & maintenance.

In the initial phase, we are using off-chain signing standards and it requires us to maintain a running server that indexes and syncs NFT transactions for better and faster experience.

50% -> Growth marketing.

As with this kind of product, the more people use it, the better the effect. We cannot not take this more seriously, as this is the prime featurette of this system. the more people we can connect to, the more effective the later development would be.

10%-> Community Management & HR

As Cryptostamping grows, it requires us to connect with more & more people, to check feedback, fix issues, partner with NFT creators. Hence we attend to hire a community manager or a team that will represent Cryptostamping to the world out there.

10% -> Miscellaneous charges.

From Contract Deployments to monthly mail payments, there are a whole lot of small expenses that will add up-to a considerable sum.

Please note that, we will be uploading the entire expenditures on a publicly visible google doc with attached transaction hashes from on-chain. we believe in open source & being transparent. even if 90% just skip it, this is for the 10% who care about it, and invested a considerable sum in a public project that gives them no benefits.