Intro to MyShCh
About the name
You won't believe it, but it reads like... Something similar can be found in English in the word "Queue", where most of the letters are "extra".
On the one hand, the name comes from a misconstrued phrase "My Soul History Come Honest", and our designer has boldly reflected this on the main page of the site. This is the main message of the project - "Think differently, not like everyone else".
What's MyShCh?
The event market is estimated at 80-100 billion, but to this we can add an estimate of the access market and the on-chain cycle, which is not yet highly developed.
The second important aspect is the growth of the crypto market: there are now around 400-600 million wallets in the world, or around 100-300 million users. And the growth has been exponential over the last 10 years: 2013, 2017, and 2021.
This means that the number of users in each segment is increasing: NFT, , , etc. And NFT tickets, access, and gifts are no exception. It's enough to look at the data on Collab.land or Guild.xyz.
At the moment, the platforms are still based on competition rather than cooperation, although the latter has been developed in the DeFi segment and solutions.
In this respect, the next 5-10 years will see not only quantitative but also qualitative growth:
The growth of tools and the increasing complexity of their invoicing/calculation mechanisms
Data exchange between different platforms or services (e.g. passport.gitcoin.co)
Development of ways to represent on-chain reputation: accruals, , activity, etc.
The final synthesis of offline and online using on-chain tools and their off-chain oracles
For us, MyShCh is a living embodiment of : a phenomenon that now shines with different facets in Airdrop, SBT, and other directions.
He was created as a service to work with on-chain reputation through the Proof of Event consensus: we do not recognise a person not by their passport (e.g. Gitcoin, Galxe, etc.), but by activity.
Proof of Event is similar to , but based entirely on transactional reputation rather than .
In this sense, MyShCh is a full-cycle reputation accounting platform, not just a "place to make NFT tickets".
It is also important to mention a detail that will give you an insight into the ideology of MyShCh.
On the 1st of March, we opened the seed round. But not for funds, as it usually happens with startups, but for the community, i.e. with direct participation of funds from members of the future Decentralised Autonomous Organisation on the wallet DAO MyShCh.
Inside MyShCh
We have identified two main ways to create events:
On-chain cycle: event creation tools; creating, sending, and validating tickets/gifts/certificates are free, but limited to interactions within blockchain networks without third-party infrastructure. Suitable for those who create an event themselves using the MyShCh infrastructure. Ideal for organising workshops, lectures, meetups, online conferences, etc. In general terms, the on-chain process looks like this:
It is idealOff-chain additions to the on-chain cycle: validating tickets/gifts/certificates and access to Telegram groups through a bot. Third-party infrastructure is available for an additional subscription fee. It is ideal for medium and large offline events as well as mixed events.
The on-chain cycle is part of the off-chain cycle.
The following modules are available for each cycle:
Tickets/Tariffs - this allows you to create collections of NFT tickets (we call them "NFTickets"), assign categories (e.g. Basic, Advanced, VIP, etc.), and link tickets to an event.
Showcases - where you can display your tickets/tariffs for sale.
Event pages - home pages for your events.
Gifts - allows you to create greeting cards; wrap tokens, NFTs, invites, etc. in NFTs. You can give such gifts to participants of your events.
Certificates - allows you to create non-transferable SoulBound Certificates (SBTs). These certificates represent the reputation of the event participants.
Calendar - all events created are stored here. The calendar is also a touch point for the Web 3.0 world.
Stats - download sales statistics for your event.
Access to Telegram groups - give your guests access to your Telegram groups with NFT tickets and a bot.
Further Reading
Onboarding to Cryptocurrency - Kyle Becker, Valerie Viard, Lauren Serota: Crypto Research & Design Lab, 2022
Introduction to Web3 - Ethereum Foundation, 2024
Web2 vs Web3 - Ethereum Foundation, 2023
Non-fungible tokens (NFT) - Ethereum Foundation
NFT 2.0: the Era of Programmable Assets - Menaskop, 2023
Decentralized Society: Finding Web3's Soul - Puja Ohlhaver, E. Glen Weyl, Vitalik Buterin, 2022
The State of Web3 perception around the world - Consensys and YouGov report, 2023
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