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📚 Goals Protocol is a web3 app and play-to-earn game dedicated to helping users build habits, achieve their goals, and earn crypto.
This is a very short one pager that summarises the core premises, product, economics, and growth prospects. The litepaper is in currently progress.
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About Goals Protocol:
- Goals Protocol aims to merge the best patterns in web2 and web3 to help people work towards their goals in an engaging way, whilst earning crypto.
- Taking inspiration from Web2, Goals Protocol’s functionality is modelled after habit tracking apps like Forest/Way of Life, and goal setting apps like Habitica/Complice. With goals protocol you’ll be able to:
- → Set and track habits.
- → Set goals, log tasks towards them.
- → Do this in a socially and financially engaging manner, which is explained in the next paragraph.
- Taking inspiration from Web3, Goals Protocol applies ‘play-to-earn’ game-fi mechanics similar to those from StepN/Axie Infinity, whilst including pro-growth de-fi mechanisms like staking, rewards, a secondary marketplace for NFTs, a governance token for community input, and more.
- We believe this intersection of personal productivity software, game-fi mechanics, and web3 bootstrapped communities can create a meaningful product experience with rewarding economics for users.
How It Works (Core Product in 3 Steps):
The core metaphor for tracking habits and working towards a goal is ‘tending to a garden.’ As you commit time, effort, and consistency towards that garden, it will grow. Goals Protocol is built around this metaphor:
- Every habit/goal is symbolised by a Garden NFT. In order to track a given goal/habit, Garden NFTs serve as your ticket to start tracking. You can imagine a ‘create habit’ workflow that leads directly to purchasing a Garden NFT for that habit.
- The core utility behind these Garden NFTs are:
- Enables you to set goals/habits and track them.
- Earn the protocol’s native currency, $SOIL, as you make progress towards your goal. The amount of $SOIL a Garden NFT enables you to earn depends on factors such as: type of Garden NFT, type of habit log (are you commiting tracked time? are you sharing an image as ‘proof’?), and other factors.
- $SOIL that is earned has several use cases:
- It can be used to create new Garden NFTs that will be sold in the marketplace for anyone wanting to create a new habit/goal.
- It will also be possible to stake the $SOIL for the governance token.
- Users can use the $SOIL to upgrade your garden such that it can earn more per habit commitment. Level 20 Garden NFTs will be able to earn more $SOIL per habit log than Level 1 Garden NFTs. $SOIL is how you pay for those upgrades.
- Eventually, we want to create more functionality for $SOIL use, such as bounties for services, an accountability marketplace, etc.
- Check in daily. Log your habits to each garden. Achieve your goals. Earn the aforementioned $SOIL. Boost the value of your Garden NFTs through upgrades.
More:
In addition to the above core loop, our hope is to layer-in additional product modules which expand the ecosystem’s fun and utility. This includes:
- (A) Expanding our de-fi suite to amplify value within the network. This includes: renting/lending NFTs, staking tokens for rewards, token swaps/liquidity, marketplace for NFTs, and other primitives that have enabled Axie Infinity/De-Fi Kingdoms, and other to grow.
- (B) Building out the social universe that surrounds Goals Protocol, to further empower the community and individuals within the ecosystem. This entails social interfaces like feeds, shared on-boarding flows, teaming up with guilds that amplify your earnings,, and a community marketplace for productivity oriented services (i.e accountability/coaching).
- (C) Extending game universe. Examples: competitions and leaderboards with reward systems, digital avatars that augment the game, guild V guilt multiplayer modes, etc.
Core Economics Overview:
Goals Protocol is built around four core digital assets:
- Garden NFTs, which have varying characteristics that’ll determine their earning potential. These NFTs can be ‘upgraded’ to expand one’s earning potential and garden more broadly.