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Tribes

Tribes is the web 3 creator´s economy enabler, helping to build and share value

Tribes

Created At

ETHOnline 2023

Project Description

The creator's current economic model is in shambles. There's no meaningful bond between creators and their followers, no community spirit, and distribution of value is virtually non-existent. Many creators struggle to secure funding for their projects, with most of it going to well-known celebrities. Furthermore, there's no clear way to identify and share the true value of community archetypes. That's where Tribes step in.

Further info can be found in our Tribes slide deck - https://www.canva.com/design/DAFxFPeUy0w/ctGKzm72I2U1XLc_2eEhCQ/edit?utm_content=DAFxFPeUy0w&utm_campaign=designshare&utm_medium=link2&utm_source=sharebutton

Tribes revolutionize the game. They empower creators to launch their projects and raise capital through a cutting-edge reverse auction that maximizes value and offers an optimal revenue share. Not only that, but Tribes also facilitate pre-sales and enhance community management by recognizing and customizing supporter interactions. Say goodbye to the broken creator economy and welcome the future with Tribes.

How it's Made

Our project's technical architecture relies on the establishment of a robust foundation. This foundation comprises essential components, namely Sepolia for Deployment and the Cartesi Execution VM, which form the backbone of the entire system. These components, along with the incorporation of Chainlink technology, are integral to the successful deployment of app-specific rollups and the handling of a complex reverse auction mechanism.

We leveraged Sepolia to enable the deployment of app-specific rollups. Sepolia is a valuable tool that streamlines the process of deploying layer 2 solutions. It provided us with a straightforward means to set up and manage our rollups, thus optimizing the deployment process.

The execution layer is a critical component of our project, primarily due to the complexity of the code, which encompasses a reverse auction mechanism. Given the intricacies of the auction code, rendering it impossible to run on the traditional EVM, we opted for the Cartesi Execution VM. Cartesi's execution environment offers versatility and higher computational capacity, thanks to its app-specific rollup architecture. This rollup solution is designed to enhance the scalability, computational capabilities, and user experience of decentralized applications (dApps).

We use Sepolia as a data availability layer that maintains a log of inputs specific to DApp rollups. The Cartesi VM processes these inputs, such as auction bids, and is capable of generating verifiable outputs to be executed on the base layer.

While the Cartesi Execution VM allows off-chain computation, it maintains security through a combination of cryptographic proofs and decentralized validation. The results of off-chain computations are periodically anchored back to the layer 1 blockchain, ensuring trust and security. Disputes can be resolved on-chain if disagreements arise.

Additionally, we utilized Chainlink Datafeeds for real-world data streaming and price feeding. This enabled users to charge in USD, covering their real-life content creation costs, while maintaining all financial transactions within the ETH blockchain.

Chainlink Automation also played a significant role in our project by enabling us to schedule periodic on-chain jobs. This automation provided a heartbeat, supplying the DApp with the blockchain timestamp at regular intervals.

We integrated Chainlink CCIP (Cross-Chain Interoperability Protocol) to facilitate cross-chain communication and data transfer. This allowed us to implement multichain functionalities, including the generation of inputs in the Mumbai network that trigger effects on our base layer, Sepolia.

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