Mind Combat: Call for innovative ideas to develop BRicher
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Summary
By opening the BRicher - Mind Combat, we want to receive the opinions of our community, which are valuable for the long-term development of BRicher and Trava Ecosystem.
Basic information
- Contest: BRicher - Mind Combat
- Duration: in 3 weeks (June 21st, 2022, to July 12th, 2022)
- Total rewards: $500 for the two best ideas
Motivation
BRicher is a very new and unique feature of Trava Finance, which stems from the idea of optimizing users’ investment process. Despite being built based on the current aggregators, BRicher stands out from the crowd thanks to some key exclusive functions:
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Consider multiple types of investment: liquidity pair providing, lending, borrowing, and staking.
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Enable composite strategies: combine a series of investment methods.
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Allow investors to track their investment portfolio and other crucial information.
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Allow users to own their token and be able to choose between manually investing by themselves or using the automatic investing function of BRicher. (In phase 2)
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Read more about BRicher HERE
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Experience it by yourself: https://app.trava.finance/bricher/
Although the vision of this feature is clear, we still need to listen to the community's opinions for its sustainable development.
We welcome the ideas, which should include but are not limited to:
- The additional functions related to the goals of providing users with informative investment data.
- The substantial utilities that help users come up with the best investment strategies.
- Modifications for the current functions.
- The development direction for the next phase.
Raise your ideas on this topic, not only for earning rewards but for the long-term development of the whole community.
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@dattrava My idea: I would like to see a chart that shows my real-time earnings from investment in US dollars. Earnings shown in token amount might be less significant if the token price is relative low and when I convert to $, I might be still in loss.
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@dattrava My idea is to add insight in the best strategies used by other users (with their approval of course). We could make a leaderboard of best traders for that, so we can learn from each other. #BRicher #ideacontest #function
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@dattrava Here is my idea: Each of us usually busy with working, with studying, so I even don’t have enough time to check information daily. So in my opinion, you might think about improving your tool by adding new feature which allow us to receive notifications via email or some other platforms such as telegram,…
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@ryan This feature is already developed. It is being tested and will be available in a few days. We so happy that you would like this feature. Thanks alot for your idea!
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@fulkano said in Mind Combat: Call for innovative ideas to develop BRicher:
@dattrava My idea is to add insight in the best strategies used by other users (with their approval of course). We could make a leaderboard of best traders for that, so we can learn from each other. #BRicher #ideacontest #function
Thanks for your idea. I think it is a great idea. The feature will be very helpful for users. Based on the strategies saved by investors, we can compare their profit and highlight the good ones. We can even offer a reward for good investors, as their strategies can help others a lot to make decision.
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@victoriaph said in Mind Combat: Call for innovative ideas to develop BRicher:
@dattrava Here is my idea: Each of us usually busy with working, with studying, so I even don’t have enough time to check information daily. So in my opinion, you might think about improving your tool by adding new feature which allow us to receive notifications via email or some other platforms such as telegram,…
Thanks for your suggestion. Sure we will do that. Warnings and notifications of the ROI drop/increase, new strategies with huge profit, etc. will be sent to users via Email or Telegram.
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@dattrava said in Mind Combat: Call for innovative ideas to develop BRicher:
Thanks for your idea. I think it is a great idea. The feature will be very helpful for users. Based on the strategies saved by investors, we can compare their profit and highlight the good ones. We can even offer a reward for good investors, as their strategies can help others a lot to make decision.
yeah. I think so, too. Could we make a league for users to find the best strategies?
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@dattrava My idea: Bricher should provide form or something like that to get the information from the new project (even in case the project is not listed or deployed onchain). By that way, team will have information and prepare to provide the best strategies for user.
#BRicher #ideacontest #function -
@dattrava My idea: BRicher should add on investment strategies for Knight NFT as well because in the Trava ecosystem, NFT plays an important part and many people are holding a Knight.
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@dattrava I think that because many people might have little time to keep track or investigate a suitable investment closely, to support users like us, BRicher should develop the automatic staking feature and notification through email.
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@thangtrava said in Mind Combat: Call for innovative ideas to develop BRicher:
@dattrava said in Mind Combat: Call for innovative ideas to develop BRicher:
Thanks for your idea. I think it is a great idea. The feature will be very helpful for users. Based on the strategies saved by investors, we can compare their profit and highlight the good ones. We can even offer a reward for good investors, as their strategies can help others a lot to make decision.
yeah. I think so, too. Could we make a league for users to find the best strategies?
Such league would be very exciting. We could try as soon as the automatic investment feature is available.
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@atonios said in Mind Combat: Call for innovative ideas to develop BRicher:
@dattrava My idea: Bricher should provide form or something like that to get the information from the new project (even in case the project is not listed or deployed onchain). By that way, team will have information and prepare to provide the best strategies for user.
#BRicher #ideacontest #functionThanks for your clever idea. BRicher should have a request form for users to submit information related to beneficial investment methods. There exists many blockchain projects with good and safe investments and BRicher would really need the help and support from user community to find out those projects. BRicher, in turn, can analyze the data and recommend optimized investment strategies to users.
The mission of BRicher is to help users to make huge profits, but our principle is to build safe and secure strategies only. So every new project with new investment methods submited by users should be considered deliberately. We do not 100% exclude the project that is not listed or deployed onchain, but such project seems unsafe. In geneneral, BRicher always try to do the best things for our users.
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@lulita said in Mind Combat: Call for innovative ideas to develop BRicher:
@dattrava My idea: BRicher should add on investment strategies for Knight NFT as well because in the Trava ecosystem, NFT plays an important part and many people are holding a Knight.
Thank you very much, @lulita. That would be very helpful feature for users. But that feature is surely very tough. Because the NFT price is unstable and is hard to determined, we would need to address many issues related to modelling NFT investment. Anyway, we will consider this and try to find a solution.
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@tonngokhong said in Mind Combat: Call for innovative ideas to develop BRicher:
@dattrava I think that because many people might have little time to keep track or investigate a suitable investment closely, to support users like us, BRicher should develop the automatic staking feature and notification through email.
Thank you very much for your idea and your consideration to BRicher, @tonngokhong. We have already developed "automatic invest" and "warning and notification" features. These features will be available very soon. Please stay updated with us!
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My idea: BRicher should also include a diagram in which investors will be able to compare the value of USD between capital token and the real value they will receive once the suggested strategy has been applied.
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@icezick said in Mind Combat: Call for innovative ideas to develop BRicher:
My idea: BRicher should also include a diagram in which investors will be able to compare the value of USD between capital token and the real value they will receive once the suggested strategy has been applied.
Wow, you share the same idea with @ryan. It seems that our beloved users love this feature. Luckily, the feature is almost finished and available soon!
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@dattrava Thanks for your reply. How we know the new project is safety enough? Do you have any idea or metrics to evaluate them?
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@atonios said in Mind Combat: Call for innovative ideas to develop BRicher:
@dattrava Thanks for your reply. How we know the new project is safety enough? Do you have any idea or metrics to evaluate them?
Before adding investment methods of a new project into Bricher's data analysis and strategy recommendation algorithms, we need to manually review a wide range of information such as the white paper and the tokenomics of the project, their businesses, and their official audition, and their future direction, etc.
When the project is eligible, we evaluate the risk level of their investment methods through the BRicher's safety index. The final decision of course is up to users. But we always try our best to present all relevant, detailed, and exact information to support them to make good decisions.
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I'm pretty interested in the function of providing us with the information about the number of users who have applied the related strategies. However, what if there are a lot of people using the same strategies that don't actually work? I mean, it would be better to go for more details about the number or the percentage of people who get real benefit from these plans.
So grateful that the team is running this contest so that we could raise your voice to develop (I hope) this feature.