SUMMARY
DeStore aims to revolutionise the e-commerce industry by enabling businesses to tokenize real-world assets and create multi-resource Digital Twins that have utility in both In Real Life (IRL), Virtual Reality (VR), and Augmented Reality, (AR) environments. Our core objective is to bridge the gap between traditional e-commerce and the new age of blockchain-based Digital Twins, unlocking new possibilities for growth and expansion.
We are not just an e-commerce platform; we are a dedicated phygital asset marketplace that is paving the way for the future of e-commerce, where the boundaries between the physical and digital worlds are erased, and anything is possible. Our business maintains the core principles of decentralization, security, and transparency; With a vision of enabling brands to be self-sovereign and trade outside the traditional banking sector.
In preparation for the Kusama Hoodie Trial, which was approved in our first proposal to the Kusama Council and Treasury (Motion 562), we have been gaining valuable insights and have prepared ourselves to move forward with dropshipping trials. This trial helped us collect data on how to build out a scalable solution for the Polkadot ecosystem, it has given us the ability to establish numerous partnerships, and has allowed us to implement significant changes to our platform in order to enhance its performance and functionality. However, we faced multiple challenges during the trial and ran out of time and funds, as our initial proposal was for a period of 3 to 6 months.
Thus, we are proposing some changes to our previous proposal, and presenting a new proposal to achieve our vision. With this new proposal, we are pursuing an additional 6 months and funding of $ 150,396 USD from the Kusama treasury. This budget will enable us to continue developing and refining the platform, to research logic around physical products with a Digital Twin and conduct further community trials with products or merchandise supplied or donated by the brands.
With this proposal accepted, we plan to achieve:
This new proposal represents a significant step towards creating a decentralised app store and payment system that will revolutionise the way we interact with physical products.
Read the full Proposal 2.0: Link
Link to Discussion 2.0: Link
Link to original Proposal 1.0: Link
Link to original Discussion 1.0: Link
DeStore is a platform that wants to change the way we buy things online by using blockchain technology. They want to make it possible for businesses to make digital copies of their real-world products that can be used in virtual and augmented reality. They want to be a marketplace for these digital products.
DeStore had a trial called the Kusama Hoodie Trial, where they learned a lot about how to make their platform better. They want to continue working on their platform for another 6 months and need $150,396 to do it.
If their proposal is accepted, they plan to deploy on 4 different blockchain networks, help small businesses sell their digital products, and release a new kind of hoodie that can be used in virtual reality.
DeStore wants to create a new kind of app store and payment system that will change the way we buy things online.