SIZL
Sizl is a launchpad for yield-generating communities built on Blast. Took this from ideation to production in just two weeks during an invite-only hackathon hosted by Alliance Dao.
The project is currently deployed on the Blast Sepolia network: https://testnet.sizl.fund
Problem
Founders and creators often face a fragmented and challenging process when bootstrapping a community, validating ideas, and securing funding to build out their idea or brand. The traditional approach of building a product and creating a community around it can be difficult. While ICOs provided a glimpse into decentralized crowdfunding, they proved unsustainable, with founders focusing more on fundraising than building their products.
Solution
SIZL is the easiest, most aligned, and most sustainable way to get funded and launch a community around an idea, product, company, or person. We enable this by allowing anybody with a wallet, Twitter, or Farcaster account to create refundable community-backed tokens.
At its core, SIZL enables builders and founders to conduct an Initial Points Offering (IPO), distributing refundable points-bearing tokens (ERC20 or ERC404) to stakers. Backers can stake USDB or ETH, and the yield generated from the locked funds is automatically paid out to project owners. As stakers support projects, they earn project-specific points, which project owners can utilize for airdrops, rewards, and other community engagement initiatives.
Key features of SIZL include:
Flexible staking options: When launching a community, you can choose USDB (offering an 8% yield) or ETH (providing a 3.2% yield). The native rebasing properties of USDB and ETH on Blast allow you to claim the yield anytime.
Refundable point-bearing tokens: Stakers receive fully refundable ERC-20 or ERC-404 tokens; these tokens are community coins and, unlike NFTs, are fully compatible with existing DeFi infrastructure.
Modular architecture: SIZL's modular design allows for the easy integration of various token standards, ensuring compatibility with a wide range of projects and user preferences.
Use Cases
Seed a community for your company (High-quality replacement for Quest / Zealy campaigns)
Launch a loyalty/fans club (Creator Coins)
Get funding for an idea (Kickstarter / pre-pre-seed funding)