Good Idea Market
WhitePaper
Decentralized Marketplace for ideas, by Miles Cass 10/19/2025 Version 1.0
GoodIdea is a decentralized marketplace for ideas where anyone can mint, verify and trade their ideas on the blockchain through smart contracts. By tokenizing creative thought, people are able to prove that they own their ideas; transactions are time-stamped and therefore if you mint an idea you are truly able to prove you own it.
People are able to share their ideas publicly without them being stolen and reminted because the timestamps show who was first. This benefits innovators as they are able to monetize innovation instantly without having to execute an idea to see monetization. This allows thinkers in society to have their own role.
Why do great ideas die?
Creators face many challenges when they have a great idea, this ranges from ideas costing too much to execute, not knowing where to start, wondering whether the idea has been done before and whether they will have the time to risk executing ideas. Anybody who has had a good idea in society faces a challenge of this sort whether they are wealthy, old, young or not well off. The current system also forces old school techniques which lack innovation that means the process of executing ideas becomes a large process that can even take months.
If you have a good idea you shouldn’t have to wait months to execute, share and verify you own it. This process should be instant.
The Solution
GoodIdea is a platform allowing any user to mint their ideas on the blockchain with stamps that verify they are the original owner of the idea. This process is permissionless and ideas are connected to Solana wallets through the NFT state rather than being connected to a being.
Users log into their crypto wallet, log on to our website with their crypto wallet, use their crypto assets such as “SOL, ETH or even DOGE” to develop their ideas through the create idea UI. This UI encourages the user to name the idea, optionally drop photos in for the idea and write a description. An AI is then able to review current ideas and determine the uniqueness of the idea; if unique and does not collide with existing ideas, the idea is minted for $5.
Once minted, ideas are stored in a user's crypto wallet as an NFT. (WILL BE OPTION TO TOKENIZE IDEAS SOON) SHARES OF IDEAS CAN BE SOLD.
Ideas are then able to be traded, sold, swapped, gifted and bought all on-chain on our GoodIdea Marketplace.
Why now?
Crypto is expanding at rapid rates; people are making lots of money and traders are always looking for a new niche to profit from. Crypto is currently full of traders, gamblers and a lot of spot coin holders; there lacks innovation from non-crypto users on blockchain technology that can not only change the web3 space, but just like polymarket, it can overtake existing systems that run web2.
AI is getting stronger, faster and better. A simple AI check that reads all ideas and notices if there is a copy will ensure that ideas are original, and that original ideas are valued on the site.
The creative economy is booming, social media is on fire, memecoins are on fire, everyone is looking for the next platform they can create. GoodIdea is that platform that allows creators to innovate and get paid for it.
Market Opportunity
The global patent industry is valued at over $300 billion; people are spending billions yearly to ensure their idea is protected and safe in a method that is not up to date with the times or technology. GoodIdea can innovate on current methods to obtain a portion of this market share and grow this market in general as younger innovators in crypto can easily create.
Web3 growth: everyone is trading crypto these days, from Bitcoin to Solana. Ecosystems are expanding rapidly and companies and people are always looking for new ways to invest early on; investing in ideas early on-chain will allow investors potential gains and will also allow for a new wave of money injected into crypto as businesses can purchase ideas before they hit the market as a competitor.
If only 0.1% of global creators use GoodIdea we will have millions of users, which correlates to millions of new innovative ideas.
Technology
Built with existing blockchain tech, such as SOL, BNB and ETH L1 and L2s.
Smart contracts that allow for custom time-stamped minting and contracts to be traded ownership.
Storage: users will be able to store their ideas in wallets using storage technology in web3.
Wallets that allow users to hold NFTs on these L1 platforms like SOL and ETH already allow integration as it simply takes an NFT to be sent to a wallet to own an idea contract.
Data Flow
Users create an idea, it is time-stamped, it is minted into an NFT where the title, description and timestamp of creation are linked directly to the idea. Ownership of the idea is then publicly visible and verifiable on-chain via wallet addresses.
Economic Model
Idea minting: $5 to mint any idea, one-time ownership fee.
Buy and Sell fees: 1.25% of any purchase and sell.
Bidding on idea auctions takes a 0.25% fee.
Future fees also apply to tokenization of ideas that allow fractional ownership of an idea.
Verified creator subscription: $100 in any L1 spot currency for verification of your wallet. Comes with perks such as connected X account (easier negotiations), ability to counter offers on ideas and ability to offer on ideas that are not for sale but are public.
Governance and DAO vision
DAO will eventually manage trending niches, fee structures and creator rewards.
Potential for a native token only if there is a strong user base and bullishness on a native ecosystem.
RoadMap
Vision + Mission
I want to monetize ideas that everyone has for everyone and ease the process of securing ideas to boost innovation and creativity amongst society.
To empower anyone with an idea to have it minted and verified, the right to sell an idea before executed and build a decentralized marketplace for ideas that improves the current system.
Legality
GoodIdea will provide ideas created with stamping to prove ownership, it will also utilise AI where possible to ensure only original ideas are created and traded.
Core values
Creativity — We hope to improve innovation in the world and allow super easy creation and proving of ideas.
Fairness — Allow anybody to profit off ideas whether they have boundaries that stop them from executing or whether it's a legitimate business that mints an idea for security.
Accessibility — Simple use, low cost to use and helpful for those seeking help.
Collaboration — Connect smart innovative minds.