Algo.fun & AVM Email Proposal

Why Fund This Proposal?

• Open-sourcing of 17 Smart Contract Implementations across three platforms with months of developer hours & research behind them

• Fund injection will include the developers of all current work on Algo.fun, AVM Email & Gainify (17 Contracts), who have all been developing on AVM for over 5 years.

• First on-chain implementation at scale of fully decentralized, on-chain encrypted messaging

• First DEX & Launchpad implementation for programming ASA's with configurable buyback & burn % on swap with reverse compatibility for existing Tinyman & Pact LP Providers

• Retribution for weeks of unpaid, emergency work & maintenance, followed by morally correct ownership of another project's unmaintained platform, and continued development

• Funds forwarded to Algofun Shares System will provide relief for >200 users with >$100,000 in funds locked in aforementioned platform

What is AVM Email?

• AVM Email is a fully decentralized, on-chain, encrypted communication system — our encryption implementation was guided from previous CTO. There is no sharing of data or databases storing unencrypted content — only the senders and receivers in any conversation can decrypt communications. Users purchase email servers eg; @algolinks.avm @asastats.avm @ethereum.avm, etc. and receive commissions on email names created under those servers or trigger buyback & burn events for any token of their choice (mutable state). Server owners can create staking pools through their servers to incentivize users to purchase email names under their server, and of course any email owner can communicate with another email owner of their choice.

AVM Email contains the following contract implementations:

• AVM Email Registry / Factory
• Email Listings Contract
• Server Contract
• Email Contract
• Spam Email Contract

Is Application Live: Yes
Application Will Be Open-sourced: Yes

What is Algo.fun?

Docs to the Algofun Platform's DEX, Token Launchpad, Shares System & Staking Pools can be found here: Algo.fun Docs — the uniqueness that Algo.fun brings is in:

• built-in reflection & burn tokenomics upon swapping for ASA's with reverse compatibility to support existing ASA's without these features
• unique token launchpad with several configurable deployment settings, including but not limited to: sell delays, choice of target LP provider (Tinyman / Pact / Algofun), bonding curve parameters for burns & reflections, dev locks, anti-sniping, and more: Token Launchpad Guide, Bonding Curve Guide

Algofun contains the following contract implementations:

• The Algofun Shares System (>$20,000~ of Algo distributed)
• Algofun Main, a token launchpad that is unique in that it allows reflection/burn tokenomics and the option for guard rails during bonding curve to prevent abuse of users by token creator
• Algofun DEX, a Beta DEX that branches off of the Algofun launchpad, allowing persistence of reflection/burn tokenomics while still acknowledging existing liquidity pools live on Tinyman & Pact
• Algofun Games, including a slot machine contract implementation, Algoscape [OSRS on AVM] & Coin Flip, a 50/50 stakes game, all utilizing VRF
• Algofun LEVY, a Tinyman leveraged trading implementation
• Algofun Petition System, create & vote on petitions for any topic to share with others and present at a later time
• Algofun Chat, a communication thread system triggered on certain Algofun contract calls

Is Application Live: Partially
Application Will Be Open-sourced: Yes

Where is Algo.fun Today?

Algofun is hosted on algo.fun, a pricey domain worth the cost at the time of our excitement in getting the project together. The live app deployments @ Algofun are the Algofun Shares System & Petition System. All fees generated by these applications & sister platform AVM Email are forwarded into the Algofun Shares system contract. We never sold Algofun shares — but instead decided to give nearly half of them away to users affected by the Gainify Catastrophe. The project creators of Gainify disappeared overnight, leaving > 200 users lost, confused, and without their funds. This was an unfortunate instance of low-resource project development paired with unmaintained code due to those same lack of resources.

The Gainify team bestowed upon our developer team the keys to their platform before vanishing, and we immediately took ownership, but piled-up bugs and rushed fixes paired with a momentary oversight led to > $100,000 in unrealized, perhaps theoretical, ASA value locked forever. So far we have generated 37,782 Algo back into the Algofun Shares system to assist these users, a few months ago this was a noticeable $20,000 milestone.

What is the Ask?

The value proposition is based not only partly in the funds lost and unpaid developer time for emergency aid, but in the open-sourcing of our development so far on the Algofun Platform & the live AVM Email platform. In total, months worth of developer hours, research, and testing has been poured into the development of Algofun & AVM.Email, with over 7,500 lines of PUYA Python code (Not AI Slop) across 17 smart contracts, paired with their respective testing files. As per community request, we will also be including the 2 core smart contracts behind the Gainify Staking platform, which has unique fee structuring. We are requesting 300,000 Algo which we will inject into the Algofun Shares System as we have done in the past, these funds are distributed to over 200 users with varying retroactive stake locked forever from the Gainify dilemma, and proportionally to ourselves of course as we also own a % of shares in the Algofun Shares system.

Contracts

Algo.fun

• Algofun Launchpad Master / Factory
• Algofun Token
• Algofun DEX Master / Factory
• Algofun DEX Pool
• Algofun Shares System
• Algofun Leverage
• Algofun Leverage History Ledger
• Algofun Petition System
• Algo-Flip
• AlgoScape
• Algo Slots

Avm.email

• AVM Email Registry / Factory
• Email Listings Contract
• Server Contract
• Email Contract
• Spam Email Contract

Gainify

• Staking Pool Master / Factory
• Staking Pool Contract

300,000

DeFi

Retroactive

Team

• Leo Costa
• Allan Diamante
• Ulrik Diamante

Previous Works

• rxelms.com
• algo-learn.com & Python on AVM Youtube Tutorial series
• algonfts.info
• leostxs.com
• AF Wallet Watcher

Adoption Metrics

• 35,000 Algo Distributed to Affected Users

• Compensation Initiatives
• Emergency Assistance & Maintenance Provided
• 17 PUYA Smart Contracts
• 3 Platforms to Open-Source