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SuperBolt

We have decided to award a grant with a maximum size of $125,000 to Superbolt, an NFT marketplace and issuance platform, to launch exclusively on Neutron soon. We believe there is a need for a leading NFT platform for Neutron and the wider Cosmos, which the Superbolt team is primed to meet.

Neutron Grants Program

July 5, 2024

125000

Neutron Grants Program Batch #4 — SuperBolt

Thesis

We have decided to award a grant with a maximum size of $125,000 to Superbolt, an NFT marketplace and issuance platform, to launch exclusively on Neutron soon. We believe there is a need for a leading NFT platform for Neutron and the wider Cosmos, which the Superbolt team is primed to meet.

Summary

Superbolt aims to be the primary destination for NFTs on Neutron and a key onboarding gateway into Cosmos in general. Its three pillars are Marketplace, Foundry (Issuance Platform), and NFTFi products, which aim to elevate the Cosmos NFT experience and drive adoption into Neutron's larger DeFi ecosystem. The Superbolt team has years of experience within Cosmos, and two of the founders are Straylight (@midnyt_simlyn) and Rebel Defi (@rebel_defi).

Grant Deliverables

The deliverables are as follows:

  • Launch of the Superbolt NFT Marketplace and Launchpad on Neutron

For Milestone 1 completion, the criteria are as follows:

  • Launch of the Superbolt Marketplace

For Milestone 2 completion, the criteria are as follows:

  • Launch of the Superbolt Launchpad

For Milestone 3 completion, the criteria are as follows:

  • Reaching $5M in cumulative volume on Superbolt

Grant Payment Terms

  • Upfront Payment: $50,000 USDC
  • Milestone 1 Payment: $25,000 USDC
  • Milestone 2 Payment: $25,000 USDC
  • Milestone 3 Payment: $25,000 USDC ($5,000 USDC for each $1M in cumulative volume reached)

Further information