QSTN LLC | Application Preview
QSTN LLC is seeking government grants to enhance their survey marketplace across multiple blockchains, aiming to create a standardized data monetization portal for American consumers. Their web application is currently in private testing with strategic partners like Filecoin, Gitcoin, Octopus Network, Encode Club, and Biconomy, with a public release planned for Q2 2023. They have garnered over 3,000 sign-ups and are launching a generative NFT collection to foster community engagement.
To boost user acquisition, QSTN is collaborating with the Chicago Public School System to integrate their platform into a blockchain-focused curriculum. They have a patent pending for a system that facilitates the mining of tokens using user data in several countries, including the U.S. and UK.
Their platform enhances accessibility by allowing users to sign in through Twitter or Gmail, bypassing the complexities of Web3 wallets and private keys. Users can "lazy" mint NFTs, postponing the need to connect a wallet until they choose to. They have chosen to develop their initial prototype on NEAR Protocol, benefiting from lower transaction costs and user-friendly wallet names that ease the transition from Web2 to Web3.
QSTN's competitive edge lies in their innovative patent, which enables users to monetize their personal data via digital tokens, NFTs, or a combination. In contrast, their main competitors are Survey Monkey, Google Forms, and Jot Forms.
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General Information
Business Registration Number: 85-4357924
Location: Wappingers Falls, NY, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: $100k to $250k
Open to Loans: NO
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Funding Usage
We will use the funding to develop our survey marketplace on multiple blockchains in order to create a standard, uniform data monetization portal for American consumers.
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Business Plan
The QSTN web application is not publicly available - we are privately testing with strategic partners prior to our Q2 2023 release. These partners include Filecoin, Gitcoin, Octopus Network, Encode Club and Biconomy; we established relationships with these protocols after participating in their respective accelerators. We currently have over 3,000 sign ups for the web application and an upcoming generative NFT collection on Paras to build initial community behind our 3D avatars. For user acquisition, we are partnering with the Chicago Public School System to use QSTN as an educational response tool in a blockchain specific curriculum planned for 2023. First and foremost, we are patent pending for a "SYSTEM AND METHOD FOR MINING TOKENS WITH USER DATA" in the United States, Germany, Switzerland, Portugal and UK. Secondly, the key to our platform is allowing full participation in global crypto markets by removing barriers such as wallets, private keys and other onboarding issues. We address this issue by allowing users to sign-in using Twitter or Gmail and begin earning without a Web3 wallet or previous blockchain experience. When users purchase an NFT on our platform, we allow them to "lazy" mint to their profile until they wish to connect or create a wallet to their respective wallet. Building on the goal of accessibility, we built the initial prototype on NEAR Protocol which allows them to mint in a low gas, scalable environment. In addition to low transaction and minting fees; NEAR Protocol’s blockchain includes human readable wallet names to decrease confusion as users migrate from Web2 to Web3. Lastly, we are building an active base of participants who are Web3 credible and willing to participate in market research for companies across Web2, Web3 and various industries.
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Self Identified Competition
Survey Monkey, Google Form, Jot Form We have a patent for allowing users to monetize their personal information in the form of digital tokens, NFTs or a combination of the two.
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Contact Applicant
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