[Grant Application] Tipicon on Twitter

1. Title: Tipicon On Twitter

2. Project Category: Development

3. Project Description: As Piconbello, we started our tipping bot idea as an experiment and kept expanding it with the last grant request. In 3 months, we developed new dapp integrations and our user number increased 600% from 900 to around 7500. Considering there are 13000 users on ICON Project main Telegram channel, we cover a lot of users and currently are getting close to platform limitations. Another example can be given from Iconswap. Iconswap’s main channel has 218 members and Tipicon has 154 Iconswap users, which covers quite a lot of the group. Hence, we are requesting this grant to expand to Twitter. We were planning to do that with Iconplus collaboration but unfortunately, that request was denied.

First, a summary of Tipicon on Telegram. In the last 3 months, we spent a lot of time on development and didn’t have much time to advertise or run promo for Tipicon while our numbers grew significantly. The biggest gainer is user number while our tx numbers also steadily keep growing. Our biggest contribution to tx number was coming from Daollette dapp. Since ICX price increases, these numbers are dropping but we are at 4.4 million tx since June 8, our first dapp release without considering any downtime related to Iconbet, network and such. We still average +35000 tx per day. Our effect can easily be seen on the tx graph recently published by Iconbet.

The average of Dice and Roulette were very similar, almost like mirroring each other. Since our release, Dice is significantly behind Roulette and despite huge spikes Roulette is almost always ahead. We also put @tipiconbot as a seed for every Iconbet function to provide some transparency to these numbers since we are the only source for these numbers and there is no way to verify them besides going from our logs. (We will follow up to this in next section.)

There are several reasons for that, Tipicon became the core of the most active telegram channels with on channel events and activities for Iconbet and Iconphilipinas channels. Iconbet runs several promos which focus on wager volume, a lot of traction from these promos also bring users to Tipicon. We released daolevels dApp simultaneously with Iconbet on mainnet. This is something we care a lot about, having a dApp available at Tipicon at the time of the release. We jumped to 4000 transactions very fast while it mostly died down because daolevels kept improving and made it much easier and faster with their changes over us while we were working on other parts. We had some issues with our endpoint since we kept hammering it with all the dApps we integrated. Especially for the lottery, we take a lot of initiative and create a lot of functions like winning notification, ticket tipping, jackpot amount in USD value (Utilizes Hylian price oracle), countdown timer… All of these functions rely on-chain data which keeps hitting more harder on the endpoint. Hence, we are holding on dice release and improving the daolevels until we are satisfied with endpoint stability. (We keep improving the Tipicon nonstop since our release). Outside all of that, the community takes initiative to create pools for events over Telegram using Tipicon which is a great joy for us since our aim was creating a tool for the community to use as they seem fit.

What are we aiming with Twitter expansion? First of all, we want to create a tool like Telegram and offer the community a way to interact. Because of strict policy by Twitter, we are not sure if we can integrate dApps like Iconbet while we can still integrate smart contracts/dApps like Hylian price oracle, our transaction batcher, icon name service… We plan to release it with some additional functions outside basic tipping, which can be like a raffle or rewarding according to some numbers of interactions for the user. Outside that, we are planning to create some website dashboard for Telegram and Twitter combined, as the iBriz team did. We plan to provide better transparency to our numbers with this tool. Since every action on our bot is executed from users own wallet and on-chain that requires a lot of work. We are sharing plans with and without web interface so you can decide to cut it if that’s not something you see valuable.

4. Project Duration: 2 or 3 months, depending on web interface decision

5. Project Milestones:

3 weeks Twitter bot with basic tip function
6 weeks for the rest of the functions
3 weeks for testing and completion

1 month for the web interface

6. Funding Amount Requested: 6000$ for only Twitter bot, 9000$ for website interface and twitter bot combined

7. Official Team Name: Piconbello

8. Team Contact Information:

Team Lead Emre

Piconbello (Telegram)

Piconbello (Twitter)

9. Public Address: hxfa6714e4ec784ae2176c416c46dc2c98b6ec9074

Hi team, thank you for applying for the grant program. I’d like to ask you a few questions to learn more about the project

  • What stage of development are you in this? It looks like another team (ICON Hyperconnect) is very far along in development, maybe it would be better to collaborate
  • We’d like a better understanding of how this product is going to work on Twitter and its architecture. Can you provide a mockup and more information?
  • What would be a good use case for the product other than ICONbet?
  • What would be a reasonable goal for the product? For example, do you have a KPI Txn Target?

We have the wallet and transaction and key management system ready to integrate issue with collaboration is our approach is not taking control of wallets and let the user do anything. Execute everything on-chain. The Hyperconnect’s approach is like exchanges where all balance in a single point. smart-contract which limits a lot of things.

There are several functions we are still planning. On telegram, we use hylian price oracle possibly band oracle in future. Icon name service after their release, we developed and deploy a smart contract for batching transaction to make airdrop experience better. So considering airdrop and everything we add on telegram we have an automatic raffle and sponsor tweet ideas but it’s not easy to draw clear lines. We always rely on our feedback from the community to shape and improve.

Since it’s on Twitter and preps mainly use Twitter for their communication and promos everyone in the ecosystem can use that tool to their advantage. They can use to gain better interaction and traffic over their tweets easily without the need to manage the process. They don’t need to have dapps or product. It just helps with interaction and makes onboarding users much easier. Our approach we make nearly everything possible to integrate. We have a plan for nft functionalities but nft in icon ecosystem is not mature enough which will become viable in following 3-6 month in our opinion. At that point, it can be a great helper to project nebula and the marketplace sharpen going to work on.
Our platform on telegram designed to support the whole ecosystem we support iconswap and it has great numbers. The issue we have is we want to support Dailyicx which announced a total rework to version 2.0, There was a dapp iconviet was working on still not released. Staking released their lottery 2-3 weeks ago at the time we already completed our work on telegram. We are willing to support every dapp and help them but we create another unique system interact with dapps which is a work from scratch. We don’t want to invest our time into something not going to work and become obsolete in 2-3 months or wait months to work on it. Because of that telegram part is heavy on iconbet right now.

For KPI first month we expect 100 users and around 300 tx. We check out the Twitter and outside Foundation every prep is around 1000 follower range with only one exception we saw which means they don’t have that much reach directly. Since foundation have 120k follower and considering 60k of them interested and we gain the interest of half of them we expect around 30k user in 6 month. We will keep working on improvements on Twitter as we do on telegram. The issue we have right now with telegram we reach 11,342 users while official icon channel having 13,381 members right now. That’s a great user conversation rate while forcing the limits of the platform. Telegram is much more active interaction platform than Twitter in that sense. We are not that active on both platforms We just keep gathering feedback. Work on where we can differ and how we can offer a better experience. This approach results with superior product and user gain in the long term till this time. We are very happy that so experimental idea we have perform very well.

Initial Review Result Comments

Review Result

Partial Approval - $6,000 for only Twitter Bot

Review Comments

  • We think you were very successful with the telegram bot and think the twitter bot will get some good use from promotional P-Rep teams
  • Please collaborate with P-Reps that are active on twitter to ensure usage of the bot when it is live.
  • Please share a mockup of the user interface / user experience prior to receiving grant money

Next Procedure

ICON Foundation provided the Initial Review Result Comments on the proposal. Grants recipients will respond to the Foundation’s response. Depending on your comments, the foundation will provide the Final Review Result Comments.

Plus, all grant recipients should do KYC in order to receive grants from the Foundation. Once your proposal is fully accepted, we’ll guide the next procedure for the KYC.

Our general plan for user experience is around this while we always keep iterate over while developing according to test and feedbacks.

Final Review Result Comments

Review Result


Reporting Period

Grant recipients should produce Periodic Reports in order to continue to receive grant funding. If the Periodic Report is showing that the initiative is not meeting expectations, the ICON Foundation has the option to halt continued funding. Please check the link (ICON Community Grant Program (“ICON CGP”)) and leave reports on this page (https://forum.icon.community/c/g/pr )

The team must submit the Periodic Report by the timeframes below (UTC):

  • 2020/12/15 02:00 AM (UTC)
  • 2021/01/13 02:00 AM (UTC)
  • 2021/02/13 02:00 AM (UTC)

Funding Amount

The ICON Foundation is going to give out $6,000 in 3 monthly installments based on the Periodic Report. The amount of ICX will be determined and paid according to the price at 02:00 AM (UTC) on the day of payment.

  • 2020/12/16 02:00 AM (UTC) - $2,000
  • 2021/01/15 02:00 AM (UTC) - $2,000
  • 2021/02/15 02:00 AM (UTC) - $2,000

Here there is a small mistype the milestones is equal to 12 weeks which is equal to 3 months or with the website option 4 months. Can we make an update here? We already started working and start drafting the report we need to clear it for the future. Either we report non completed after 2 months or extend it for 1 month. If we can clear that. That would be great.