VISVESVARAYA TECHNOLOGICAL UNIVERSITY

Jnanasangama, Macche, Santibastwada Road, Belagavi-590018, Karnataka

A PROJECT SYNOPSIS (19HS5ICMEP)

on
The Zo-Crypt
(Project Batch No. 2)
Submitted in partial fulfillment of the requirement for the degree of
Bachelor of Engineering
B.E.
in
Electronics & Communications Engineering
by

USN: 1DS20EC013 Name: Aditya Gupta

USN: 1DS20EC029 Name: Anjali Bhargava

Under the Guidance

of
Dr. Chandra Sekhara N
Internal Project Guide
Designation of the guide, ECE Dept., DSCE, Bengaluru

Department of Electronics & Communication Engineering

Dayananda Sagar College of Engineering
(An Autonomous College affiliated to VTU Belgaum)
Shavige malleshwara Hills, Kumaraswamy
Layout Banashankari, Bengaluru-560078,
Karnataka 2022-23

Signature of the Guide (Checked & Approved by) with Date:

(Name of Guide :
)
Table of contents
1. Introduction
2. Literature Survey
3. Block Diagram
4. Objectives of the Project
5. Proposed Methodology with Block Diagrams
6. Market Potential
7. Basis and Pre-assumptions
8. Financial and Technical Aspects
9. Merits and Demerits
10. Conclusions

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Introduction

What is WEB3?

Web3 is an idea for a new iteration of the World Wide Web which incorporates concepts
such as decentralization, blockchain technologies, and token-based economics.

Web3 is the answer to this dilemma. Instead of a Web monopolized by large technology
companies, Web3 embraces decentralization and is being built, operated, and owned by its
users. Web3 puts power in the hands of individuals rather than corporations. Before we talk
about Web3, let's explore how we got here.

Centralization has helped onboard billions of people to the World Wide Web and created the
stable, robust infrastructure on which it lives. At the same time, a handful of centralized
entities have a stronghold on large swathes of the World Wide Web, unilaterally deciding
what should and should not be allowed

What are NFT’s?

A non-fungible token (NFT) is a unique digital identifier that cannot be copied, substituted,
or subdivided, that is recorded in a blockchain, and that is used to certify authenticity and
ownership. # The ownership of an NFT is recorded in the blockchain and can be transferred
by the owner, allowing NFTs to be sold and traded. NFTs can be created by anybody, and
require few or no coding skills to create.# NFTs typically contain references to digital files
such as photos, videos, and audio. Because NFTs are uniquely identifiable assets, they differ
from cryptocurrencies, which are fungible.

Proponents of NFTs claim that NFTs provide a public certificate of authenticity or proof of
ownership, but the legal rights conveyed by an NFT can be uncertain. The ownership of an
NFT as defined by the blockchain has no inherent legal meaning and does not necessarily
grant copyright, intellectual property rights, or other legal rights over its associated digital
file. An NFT does not restrict the sharing or copying of its associated digital file and does not
prevent the creation of NFTs that reference identical files.

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The Zo World

We are conscious spirits of travel split into 1111 postcards (NFTs) and live on Ethereum
Blockchain.

Each postcard will contain essential elements of a universe filled with adventures, and
destinations, and comes with breathtaking utilities.

The Zo NFT

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Literature Survey

With the increasing interest of people into blockchain technologies, web3 and NFTs this idea
came into existence. Web3, the next iteration, potentially upends that power structure with a
shift back to users. Open standards and protocols could make their return. The intent is that
control is no longer centralized in large platforms and aggregators, but rather is widely
distributed through “permissionless” decentralized blockchains and smart contracts, which
we explain later in this article. Governance—and this is one of the trickiest aspects of Web3
—is meant to take place in the community rather than behind closed doors. Revenues can be
given back to creators and users with some incentives to finance user acquisition and growth.

We have seen many hostels, but were you able to work and grow while being at that place?

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Objectives

 Introducing a co-working space which enables you to work while travelling.

 To create a community environment for web3 nomads.
 Unlocks access to Personal Travel Concierge.
 Providing exclusive Experiences, Events, additional perks, and drops

Proposed methodology with block diagrams

 Listing NFT series which works as a token to Zo World.
 Providing initial utilities including a virtual space and cool

merch.

 Setting up help desk in the location of the Zo houses.

 Introducing garage – your source of web3 resources

and information.

 Launching Zo houses.

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Market Potential

 115 million crypto investors in India

 Over 320 million crypto users worldwide.

 Size of the Bitcoin blockchain is approximately 415 gigabytes, about double the
size from just three years ago.

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Basis and Pre-assumptions

 Degen audience.

 Ethereum will exist for a long run.

 This is the Web3, we are thinking about.

 India government won’t be banning crypto currency.

Financial Aspects for first Zo House

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Technical Aspects

 Hardware Aspects
Computers, GPUs, Wifi-routers, Speakers, Mics, Home Appliances, etc.

 Software Aspects
Remix, Erc Token Standards, Open zeppelin, Insomnia, etc

Merits

 Community
Social connection and a sense of belonging.

 Web3 Events
Collaborations with more
projects.

 Better Work Life

Work while you explore places around the world

 Opportunities
Living in a Degen, web3 and futuristic environment

Demerits

 Lack of Resources
Not enough resources to learn about Web3 and NFTs
 Limited Supply
There will be limited supply of NFTs
 Target Audience
The greater half of population have zero knowledge of Web3
 High Maintenance
 To maintain the standard of living

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Conclusion

Ultimately, Web3 paves the way for a future in which different people and machines can
interact with data, value, and other counterparties without the involvement of third parties.
With our Zo World we aim to gather all these A-minded people to pave the future.

“The latter follows quite different laws from the former!”

Words from the Founders

 "Web 3 is an internet owned by users and builders orchestrated with tokens."

-Anjali Bhargava

 " Build your next great idea with Zo Crypt."

-Aditya Gupta

Thanks

Created by: –

 Aditya Gupta-1DS20EC029
 Anjali Bhargava-1DS20EC029

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