SOLLUMINATI — The vision

EnigmaLabs
Solluminati

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Solluminati is not just a NFT project. We are a startup. With a vision.

We have said from the first day that our purpose is to reinvent the subscription model. And that’s what we did. Brought product-based NFT project concept on the Solana blockchain.

The OG tool builders, as you named us. And many followed, as you probably know. Some are building and we appreciate them a lot, others can’t be really called builders, but they are part of a growing ecosystem — the tool-based concept has grown a lot in this new space and we believe this will contribute in the long term.

But our concept goes way further.

Why are we different?

As any other NFT project, we have a vision, we have a plan and we have a roadmap. In our case: a tool- based NFT project providing analytics for traders and collectors interested in the Solana NFT ecosystem, with a beta product released before mint, and the main product currently in work.

The main difference comes in regards to the concept: fundamentally, we are choosing to be a startup and have a business approach: we are creating products that will become revenue streams for Solluminati. Nothing new, although revolutionary for the NFT space.

In simple, plain, unpretentious English, our multiple B2B products will bring money in Solluminati.

Why is that different?

Because Solluminati is now everyone who owns an NFT. The Solluminati NFTs, acting as a membership.

Let’s put it this way: our NFT holders are our investors, and not customers. Although there is utility tied up with the NFT, our customers will be the ones that are buying the services offered by Solluminati.

  • Staking as a Service
  • Verification as a Service
  • Data as a Service — this is a complex subject which I’m not going to treat here, but we are building a database of labelled wallets and we also gather social data from the ecosystem since a while already
  • Floor and deals bots, volume spikes, sales bots and others

B2B Products

We are a business oriented NFT project. That NFT project to have customers in fact, as there are (very) few in this case. Our concept is to provide the upper mentioned services (as platforms, Saas) to other businesses in the ecosystem. Which will pay for them: monthly, weekly, per usage, there will be different options, all of them to be explained in dedicated articles.

But the main idea is very simple. We will have multiple revenue streams:

  • Royalties — general
  • Verification system — customers, B2B
  • Staking as a Service — customers, B2B

Governance — DAO

Advancing to the interesting part. The team behind Solluminati, Enigma Labs, is the one creating these products, building them from scratch, as the products of the Solluminati project. But, as said, Solluminati is not only Enigma Labs anymore, it is everyone who owns a Solluminati NFT.

Let’s put it this way: 4343 NFTs acting as a membership pass in Solluminati DAO. The DAO has B2B products that produce revenue => The revenue goes to the DAO.

The concept behind a DAO is a lot more complex and quite different from what’s in the ecosystem now (mostly alpha groups). In our case, we are a product-based DAO that can rely on recurring revenue streams.

It’s said that DAOs will replace corporations, and we believe that the only way is that DAOs produce these revenue streams we are insisting on. And that’s what we are doing here:
1. Creating an organization — Done
2. Creating a product — Done
3. Go-to-market — To Do

Decentralized and Autonomous

Ok, so now that we clarified the product part, we need to clarify how we will take this further and how we will all profit out of this.

First thing first, as of this moment, it still is a totally centralized approach, with Enigma Labs controlling and building everything. The first step to decentralization is involving you in the management of the product, and, the easiest way to do it is in the business development part.

Getting back to the corporation example, imagine that we are all becoming the business development department and we split the tasks:

  • Support tasks
  • Sales-related tasks
  • Bug reporting and bug solving
  • Documentation and content writing

Obviously, we will start offering this in a centralized manner (operated by Enigma Labs), but in order to achieve our final goal, we are looking to decentralize these tasks. Work together on them.

The “autonomous” part will be reached when everything related to the product will be done by members(holders) of the organization.

Staking Platform — Staking as a Service — The Eye Holders

And now, the “what this means” part. The concept goes live once with the launch of the Staking Platform. The Eye holders DAO ( our OG NFT, we are sure you know it) will have its own product.

Therefore, the revenues obtained from the Staking platform (a part at the beginning), will belong to The Eye holders. Who stakes The Eye, will receive the revenues produced by the product. Furthermore, who brings a new customer is entitled to get a commission of the produced sale. Whoever does the support to those customers, will receive a fixed fee for that. Whoever writes the docs/ how-to articles, will receive task solving bounty and so on.

All the upper mentioned are available only for The Eye holders. Let’s group them:

  • Revenue share — based on staking
  • Support roles — involvement-based
  • Sales Commissions — introduction-based

We will present the exact monetization strategy in an article dedicated to the Staking Platform to keep this as addressed to concept.

What’s coming next

Obviously, we have a plan for the PFPs too. In fact, that is our main NFT collection, and this means we will come up with a comprehensive approach in this case. At the very first moment, we will focus on implementing it properly for the Eye holders, while drafting its implementation for the PFP holders.

In this regard, managing to create recurring revenue streams from all the other products mentioned will allow us to have the option to create a token that can be placed in the middle of the entire ecosystem.

As specified, at this moment this is not a priority and we are focusing all our forces to create the ecosystem — the business itself, as if it exists, the implementation of a token is way easier.

Furthermore, we are working with a legal team and various stakeholders in order to finalize the model. Specified information might be subject to change in case the legal opinion will ask for it.

TLDR

  1. We are a startup.
  2. We are creating multiple revenue streams.
  3. Solluminati is bringing to market multiple B2B products such as the verification system and the staking platform
  4. Everything is operated in a centralized manner at this moment.
  5. We are looking to decentralize it and therefore, become a DAO in the real sense.
  6. The Staking Platform — The product of The Eye DAO
  7. We are working on a model for Solluminati NFTs

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