Kristoffer’s SaaS product plan.

Working Product Name

Airdrop Farmer

Maximize your airdrop potential.

Product Basics

This is an overview and introduction to the SaaS product.

What is it?

Airdrop Farmer is a SaaS platform designed to help cryptocurrency users identify and participate in airdrops that align with their existing token holdings. It simplifies the process of finding lucrative airdrop opportunities and increases the chances of success.

Who is it for?

This platform is perfect for active cryptocurrency investors, airdrop enthusiasts, and those looking to maximize their returns from airdrop farming. It's ideal for users across different skill levels, offering streamlined access to a previously time-consuming process.

What does it do?

Airdrop Farmer analyzes your connected Ethereum and Solana wallets to determine which airdrops you're most likely to qualify for based on your token holdings. It provides a personalized list of relevant airdrops, including eligibility requirements and participation instructions.

What problem does this product solve?

This product solves the problem of manually searching for and identifying relevant airdrops. It eliminates the time-consuming process of filtering through numerous airdrop opportunities and ensures users focus only on those they're likely to qualify for, saving time and effort.

How does it work?

Users connect their Ethereum and Solana wallets. The app automatically scans their holdings. Based on the tokens held, Airdrop Farmer identifies and lists suitable airdrops, providing links and instructions to participate.

Possible pain points

  • Wasting time searching for airdrops manually
  • Missing out on profitable airdrop opportunities
  • Difficulty understanding airdrop eligibility requirements
  • Inefficient use of time and resources
  • Lack of a centralized platform for airdrop discovery
  • Uncertainty about the legitimacy of airdrops
  • Missed opportunities due to a lack of organization

Target Market

Defining who this product serves and why they need the product.

Target Audience

Our target audience is active cryptocurrency investors who actively participate in the DeFi ecosystem and are looking to earn passive income through airdrop farming. They are tech-savvy and comfortable using web applications to manage their crypto assets.

Audience Segments

  • Experienced crypto traders
  • DeFi enthusiasts
  • Airdrop hunters
  • Passive income seekers
  • NFT collectors

Buyer Persona

Our buyer persona is a 25-45 year old, tech-savvy individual with a significant portfolio of cryptocurrency assets. They are active on social media, forums, and Discord communities related to crypto and DeFi, and are constantly looking for opportunities to maximize their returns.

Underserved Niches

  • Solana airdrop farming
  • NFT airdrops
  • Specific token-related airdrops
  • High-value airdrop identification
  • Community-focused airdrops

The Industry

Analyzing the current landscape and identifying opportunities.

An overview of this industry

The airdrop farming industry is rapidly growing alongside the broader DeFi ecosystem. Many projects use airdrops to incentivize community participation and attract new users. The market is currently fragmented, with no dominant player offering a comprehensive, centralized solution for discovering and managing airdrop opportunities. This presents significant opportunities for innovation and growth.

SWOT Analysis

  • Strengths: Growing market demand, potential for high user engagement, recurring revenue model
  • Weaknesses: Reliance on third-party API stability, potential for changes in airdrop mechanics, competition from other similar tools
  • Opportunities: Expansion to other blockchains, premium features (like airdrop alerts or advanced analytics), strategic partnerships
  • Threats: Market volatility, regulatory uncertainty in the crypto space, new competitors entering the market

Competitors

  • AirdropBob
  • AirdropKing
  • AirdropAlert
  • ClaimDrops
  • AirDropScanner

How to thrive in this industry

To thrive in this industry, focus on providing accurate and timely airdrop data, exceptional user experience, and robust security. Building a strong community and strategic partnerships will be crucial for growth and sustainability.

Brand Identity

Establishing the personality and visual elements of the brand.

Brand Style Overview

The brand style will be modern, clean, and trustworthy, reflecting the technical nature of the product while maintaining a user-friendly and accessible aesthetic.

Color Palette

#007bff
#28a745
#dc3545
#ffc107
#6c757d

Features & Benefits

Showcasing what the product offers and how it solves key challenges.

Feature Ideas

  • Wallet Connection: Securely connect your Ethereum and Solana wallets.
  • Token Analysis: Automated scanning of your wallet holdings to identify eligible tokens.
  • Airdrop Recommendations: Personalized list of relevant airdrops based on your token portfolio.
  • Eligibility Details: Clear overview of eligibility requirements for each airdrop.
  • Participation Instructions: Step-by-step guides on how to participate in each airdrop.
  • Airdrop Tracking: Monitor your progress and status for each airdrop.
  • Dashboard: A personalized dashboard to view all your connected wallets, tracked airdrops and upcoming opportunities.

Benefits

  • Time Savings: Eliminate hours spent manually searching for airdrops.
  • Increased Earnings: Maximize your airdrop rewards by targeting relevant opportunities.
  • Simplified Process: Easy-to-understand interface and instructions.
  • Improved Organization: Centralized management of all your airdrop participation.
  • Higher Success Rate: Focus on airdrops you're highly likely to qualify for.

The MVP

Introducing the core version of the product to validate its value.

Minimum Viable Product

The minimum viable product (MVP) will include core functionality: wallet connection for Ethereum and Solana, token analysis, airdrop recommendations based on token holdings, and basic participation instructions. This allows for initial user feedback and validation of the core concept before expanding features.

Potential First Steps

  1. Step 1: Develop the core functionality for wallet connection and token analysis.
  2. Step 2: Build the airdrop recommendation engine, prioritizing accuracy and relevance.
  3. Step 3: Design and implement a user-friendly interface.
  4. Step 4: Conduct thorough testing and quality assurance.
  5. Step 5: Launch a beta version to gather user feedback and iterate based on findings.

Pricing

The pricing strategy to maximize value for its customers.

Pricing Model

A freemium model with a limited number of free airdrop recommendations per month, and premium subscriptions offering unlimited recommendations, priority support, and advanced features.
Free

$0/month

  • 5 Airdrop Recommendations/month
  • Basic Support
  • Ethereum & Solana support
  • Limited features
  • Ads
Basic

$9/month

  • Unlimited Airdrop Recommendations
  • Priority Support
  • Ethereum & Solana support
  • All Features
  • No Ads
Premium

$29/month

  • Unlimited Airdrop Recommendations
  • Priority Support
  • Multi-Chain Support
  • All Features
  • No Ads
  • Advanced Analytics
  • Customizable Dashboard

The Build

Outlining the process of bringing the product from concept to reality.

The Platform on Which to Build a SaaS app

If you want to start a software as a service (SaaS) business and you’re familiar with WordPress, you might be wondering if it’s possible to use it for your platform. As a SaaS startup founder, it’s also probably not economical for you to hire a developer to build a site for you on Laravel, for example. If you’re already familiar with WordPress, why not stick with what you know? After all, WordPress powers 31% of all websites, and it’s proven itself in terms of scalability and security. Read More
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Advantages of building this on WordPress

  • Faster Development: Leverage existing WordPress plugins and themes to speed up development.
  • Lower Costs: Utilize readily available resources and reduce custom development expenses.
  • Ease of Maintenance: WordPress is relatively easy to maintain and update.
  • Large Community Support: A vast community provides ample support and resources.
  • SEO Advantages: WordPress has built-in SEO capabilities.

Separate sales site and app or contained in one?

For the MVP, a contained single site would suffice. A separate sales page can be implemented later, as needed. This streamlines initial development and allows users to access all functionality from a single point of access.

Marketing & Promotion

Outlining the process of bringing the product from concept to reality.

Sample social media post

Stop wasting time searching for airdrops! Airdrop Farmer automatically finds the best airdrops based on your wallet holdings. Connect your wallet and start maximizing your crypto gains today! #crypto #airdrops #defi #passiveincome #ethereum #solana

YouTube video ideas

  • Airdrop Farmer: Find the Best Airdrops for Your Portfolio
  • Airdrop Farming Made Easy: A Tutorial
  • Top 10 Airdrops to Claim This Month
  • How to Maximize Your Airdrop Rewards
  • Airdrop Farmer Review: Is it Worth it?

Sample Email subject lines

  • Claim Your Free Airdrops Today!
  • Unlock Your Airdrop Potential
  • Maximize Your Crypto Earnings
  • Stop Missing Out on Airdrops!
  • Introducing Airdrop Farmer

Starter Product Hunt creator comment

Airdrop Farmer is a game-changer for anyone serious about airdrop farming! We automate the tedious process, ensuring you never miss a valuable opportunity. Our intelligent algorithm analyzes your wallet holdings and recommends the most relevant airdrops, boosting your returns. Join our beta and help us shape the future of airdrop discovery! Check it out!

Reddit post topic ideas

  • I just found this amazing tool that helps me find the best airdrops!
  • New tool helps you find profitable airdrops based on your wallet!
  • What are your favorite airdrop tools? Just found a new one I wanted to share!
  • Never miss another airdrop again! New website helps you find the best ones!
  • Best airdrop website just dropped!

Affiliate Program

Some info should go here and some stuff.

Affiliate program comission structure

We offer a tiered commission structure based on the number of premium subscriptions generated. Affiliates earn 20% commission on the first tier and 30% commission on subsequent tiers. We will also offer bonus commissions for exceptional performance.

Why should someone join this affiliate program?

  • High earning potential
  • Recurring commissions
  • Dedicated affiliate support
  • Promotional materials provided
  • Exclusive access to beta features

Steps for growing an affiliate base

  1. Reach out to relevant influencers and communities in the crypto space
  2. Create engaging content showcasing the benefits of Airdrop Farmer
  3. Run targeted advertising campaigns
  4. Develop an affiliate marketing kit with banners and other promotional assets
  5. Monitor and analyze affiliate performance to optimize strategies