Battle of Web3 Minds

Concept:
An online quiz application where users can compete in real-time by answering questions related to Web3, blockchain, and other relevant topics. The app allows players to participate in different categories of questions and test their knowledge in a competitive and engaging environment. The primary goal of this app is both entertainment and education, introducing new users from Web2 into the Web3 space and enhancing the knowledge of existing Web3 users.

Functionality:
Once players log into the app and choose the "Join Match" option, the system randomly pairs them with an available online opponent. The players are then presented with three random categories from which they can choose one. Each round consists of 5 questions from the selected category. Players earn a green light and points for each correct answer, and a red light for each incorrect answer.
After the player finishes, their opponent answers the same set of questions. Then, the opponent selects a category and answers their set of questions first, continuing the cycle. This process repeats for 5 rounds, and at the end, the player with the highest score wins the match.

Interactions:
One of the key features of the app is the ability for users to submit their own questions. Users can submit questions related to different Web3 topics, which will be reviewed by the development team. Upon approval, the questions are added to the game.

Each time a question authored by a user is included in a match and answered incorrectly by another player, the original author of the question earns a specified amount of tokens. This incentivizes users to submit meaningful and well-crafted questions, while also providing a continuous source of passive income. It encourages constant participation, making the game more engaging and promoting user retention.

Value:
The app provides value in two significant ways:

1. Education and Awareness: New users are introduced to Web3, blockchain, and cryptocurrency concepts in an interactive and fun manner. Meanwhile, existing Web3 users can challenge their knowledge and deepen their understanding of the space.

2. Interaction and Competition: The competitive aspect of the game motivates users to stay engaged and return regularly. The app acts as a bridge between Web2 and Web3, gradually introducing newcomers to the decentralized world and new technologies.

Rewards:
Rewards are distributed in two ways:

• Cryptocurrency Tokens: Players can earn tokens by achieving a specific score during a set time period or by winning matches. This incentive creates an additional layer of motivation for users to participate, making the experience more rewarding than a traditional game.

• Commemorative NFTs: Players who achieve significant milestones or win special tournaments can receive unique NFTs that serve as both a badge of honor and a valuable asset within the Web3 ecosystem.

Revenue Model:
One of the primary revenue streams for the app is sponsorships. The development team can create special, sponsor-branded questions related to specific companies or projects operating in the Web3 space. These questions can then be added to various game categories, allowing users to engage with new projects and businesses. This not only helps in promoting Web3 companies but also generates revenue to support the app’s prize pool and operational costs.

Why "Battle of Web3 Minds"?
This app blends Web3 technology with an engaging, competitive environment that enhances on-chain interactions and introduces new users to the Web3 space. By leveraging digital rewards and creating social interactions, the app fosters a sense of community, encouraging players to return regularly and continue competing.