ShardSpace has secured the $15,000 Babylon Booster Grant.
What is ShardSpace?
ShardSpace is crafting the User Interface Layer specifically designed to smoothly interact with many of the dApps and services within the Radix ecosystem, allowing users to manage their portfolios with ease.
Their primary focus lies in crafting an intuitive interface that simplifies the viewing and management of your portfolio, coupled with the seamless integration of interoperable Web3 components within the Radix ecosystem. By establishing a platform that fosters a smooth interaction among various decentralized applications (dApps) and Web3 functionalities, ShardSpace empowers users with an extensive array of tools and features. This not only enhances user engagement but also promotes active participation in the Radix ecosystem.
Distinguished by its commitment to user-centric design and leveraging Radix's advanced technology, ShardSpace is evolving to offer a unique blend of decentralized features while retaining the user-friendliness characteristic of Web2 products. This innovative approach addresses the limitations of mobile wallets in handling complex portfolio management tasks by extending these capabilities to desktop interfaces. ShardSpace redefines portfolio management, equating it to the simplicity of online shopping, thereby becoming an indispensable tool for users seeking greater control and flexibility in their Radix ecosystem interactions.
The genesis of ShardSpace is credited to Andrew, its founder, whose background in IT infrastructure project management within the Banking and Finance sector has been instrumental. Andrew's entry into the Web3 space, driven by a belief in the democratization of financial services through digital assets and cost reduction, naturally led him to the Radix ecosystem. Andrew's unique combination of technical acumen, dedication to democratizing financial services, and unwavering faith in blockchain's transformative potential positions him as the ideal leader steering ShardSpace toward success.
So, what’s on the horizon?
ShardSpace has set ambitious goals and exciting plans. By the end of 2023, ShardSpace aims to attract 500 unique users per month, with the target doubling to 1000 unique users per month by the end of the first quarter of 2024. This growth is a key indicator of the platform's increasing relevance and appeal in the market.
In terms of product development, ShardSpace is working on two new core features. The first is the development of Explorer pages, which will allow users to delve into Validator, Network, and Account data, providing deeper insights and transparency. The second feature in the pipeline is the Ecosystem pages. These pages are designed to enable users to view and interact with the dApps on the Radix network, offering a comprehensive and integrated experience of the Radix ecosystem.
Another primary goal for ShardSpace is the launch of its subscription service. Post-launch, the platform is targeting to acquire 200 subscribers within the first six months, a milestone that will validate the service’s value and establish a steady revenue stream. In terms of fundraising, ShardSpace has a strategic plan in place. Once the remaining core features are developed and the subscription service is operational, the focus will shift towards fundraising or equity investment to further fuel its growth and development plans.
The Radix Advantage: A Founder's Perspective
Reflecting on the advancements of ShardSpace, Andrew shared:
I’m super happy with the launch of ShardSpace, the feedback from the community has been amazing and very inspirational. We are steadily growing our user base and adding more features and enhancements almost weekly. The speed and ease at which we can build and release updates is largely down to the amazing developer tools that the Radix team have built. I don’t think ShardSpace would’ve been able to launch on time if it wasn’t for the tooling they have developed. It’s an absolute honour being one of the first dApps to launch on Radix and we’re excited for the future.
All information about ShardSpace was provided by the ShardSpace team and has not been verified by Radix Publishing, RDX Works, or their associated companies.
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