Introduction:

The project "Laughter Economy" revolves around a mobile application aimed at engaging users through humor and social interaction. It features innovative elements such as laughter detection, video content creation, and a cryptocurrency-based reward system. Users have the ability to create profiles, upload and engage with videos, and earn laugh coins, which can then be exchanged for cryptocurrency. The app's goal is to cultivate a community where users are incentivized to contribute and interact with entertaining content, creating a dynamic platform that merges entertainment with digital currency incentives.


Objective :

The main goal of the Laughter Economy project was to create a mobile application incorporating distinctive elements like laughter detection, video content creation, and a reward system based on cryptocurrency. We aimed to cultivate an enjoyable and interactive atmosphere, encouraging users to actively participate in entertaining content while earning laugh coins, which are convertible to cryptocurrency.

Get to know about us and what drives us to deliver you continued excellence.



Activities Performed by Us:

    1. Webapp Development: We designed and developed a user-friendly web application with features like user profiles, video upload and playback, laughter detection, user interactions, and a laugh token wallet.
    2. Feature Implementation: We incorporated various functionalities such as user profile management, video upload studio with filters, laughter detection integration, social interaction features, rewards system including referral incentives, and smart contract development for the Laugh ERC 20 Token and NFT contract.
    3. User Stories Implementation: We addressed user stories covering aspects like user profile management, video upload and management, laughter detection integration, social interaction features, daily rewards system, referral system, and token development.
    4. Tokenomics Design: We devised a tokenomics model consisting of two tokens - Governance Token (SMILE) and In-app Reward Token (LAUGH), each with distinct utilities and supply mechanisms to ensure effective governance and incentivization within the platform.

Conclusion :

In summary, our team accomplished the Laughter Economy project by delivering a mobile application rich in features, meeting the goal of establishing an engaging and rewarding platform for users. The incorporation of laughter detection, cryptocurrency incentives, and social interaction functionalities has led to the formation of a lively community focused on humor and interaction.

Loading...