Onboarding the next 1.000.000 Xtreamers into token gated Xperiences with IOXtream

[GENERAL] Name and surname of main applicant

Lucas Longhi

[GENERAL] Email address of main applicant

lucrao@ioxtream.com

Additional applicants

João Carvalho

Vinícius Carvalho

[GENERAL] Requested funds in ada

180000

[GENERAL] Please specify how many months you expect your project to last (from 2-12 months)

7

[GENERAL] Please indicate if your proposal has been auto-translated into English from another language.

No

[GENERAL] Does your project have any dependencies on other organizations, technical or otherwise?

Yes

[GENERAL] If YES, please describe what the dependency is and why you believe it is essential for your project’s delivery. If NO, please write “No dependencies.”

We will integrate NMKR Studio API for minting and other features with CNFTs.

[GENERAL] Will your project’s output/s be fully open source?

No

[GENERAL] If NO, please describe which outputs are not going to be open source. If YES, please write “Project will be fully open source.”

Our outputs will be the Alpha version in our fully operational platform and Xtreamer's NFT Xperiences page (where viewers will be able to mint moments and other NFTs projects with unique experiences during lives streams), both of which will not be open source.

[METADATA] Category of proposal

NFTs

[METADATA] SDG rating

SDG 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

• Sub-goal 8.2: Achieve higher levels of economic productivity through diversification, technological upgrading and innovation, including through a focus on high-value added and labour-intensive sectors.
• Sub-goal 8.3: Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services.

SDG 10: Reduce inequality within and among countries

• Sub-goal 10.2: Empower and promote the social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other status.
• Sub-goal 10.3: Ensure equal opportunity and reduce inequalities of outcome, including by eliminating discriminatory laws, policies and practices and promoting appropriate legislation, policies and action in this regard.

[IMPACT] Please describe your proposed solution.

IOXtream is the first Engagement Network that enables P2P donations (0% intermediary fees) during live streams. With our platform, we enable a whole new level of interactivity during any kind of live streams with all the possibilities that IoT (Internet of Things) allows. Bringing it all together for token gated experiences with NFTs will allow new ways to explore human interactions.

Here are some examples:

• https://clips.twitch.tv/SmilingHonorableCobblerPraiseIt-c7mJtMpVOCV_eDGS (at 0:02, our OverlayX appears with a donation of 1 ADA on-chain, therefore his ring light and smoke machine turn on)
• https://clips.twitch.tv/ObliviousVivaciousBeefAliens-PSpB6FusrDV24bFP (at 0:05, our OverlayX appears with a donation of 10.000 Satoshis via Lightning Network, causing his lights to start changing colors in his room)
• https://clips.twitch.tv/GiantPatientWebOSkomodo-tlgCWmsLs70xu5pU (at 0:11, his monitor shuts down from a new subscriber)
• https://clips.twitch.tv/PunchySullenAlbatrossKeyboardCat-XcF9Jdv_iEzKiP6G (at 0:21, his racing wheel shuts down from bits sent by a viewer)
• https://clips.twitch.tv/MoistSullenAsparagusWTRuck-BmSCrW18O4Kf6A2t (at 0:10, the blue light turned on, his fan started spinning, and the RGB light started blinking due to bits sent by a viewer)

[IMPACT] How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?

Cardano will be the main blockchain that our team will create contents to newcomers joining Web3. Cardano should also be incentivized by our community of live streamers (Xtreamers) and viewers (Xperiencers) for new token gated live interactions, that could also come from other CNFTs projects or brands that want new ways to reach and connect with our community.

If we receive the funding, we will be able to visibly integrate CNFT minting in our existing interactions categories (OverlayX, IoT Cloud Control, Cryptocurrencies and Pix donations) and also with all the future features and smart devices.

For more details about IOXtream's interactions during live streams:

• https://ioxtream.io/interaction-categories
• https://github.com/ioxtream/overlayx

[IMPACT] How do you intend to measure the success of your project?

IOXtream has been researched and developed over the last 6 years. Since the launch of our Beta version in 2022, we have maintained a consistent average weekly growth rate of over 10%, and we expect to accelerate even more during this second semester.

To measure the success of the proposed new feature, we will track several key metrics, which are:

• Number of users using the feature: This metric will help us understand the adoption and usage of the new functionality among our user base. It will indicate the level of engagement and interest in the feature.
• Number of minted NFTs: This metric will quantify the creation of NFTs using the proposed solution. It will serve as an indicator of the value and appeal of the feature to our users.
• Community feedback: We will gather feedback from our community to assess their satisfaction and perception of the new feature. This feedback can be in the form of user surveys, reviews, or comments, and it will provide valuable insights into the usability and overall experience of the functionality.
• Partnerships and new experiences: This metric will measure the number of partnerships established and the creation of new experiences facilitated by the proposed feature. It will help us gauge the level of interest and collaboration from external entities, as well as the potential for expanding the feature's reach and impact.

By tracking these metrics, we will be able to evaluate the success of the new feature, make data-driven decisions, and identify areas for improvement or further development.

[IMPACT] Please describe your plans to share the outputs and results of your project?

We will have the responsibility to share the progress and outputs of this proposal with you, ensuring transparency and accountability throughout the entire process. The main channels will be:

• Monthly reports with our progress on the official Catalyst channels (for detailed information each month);
• Our Discord announcements channel and our social media accounts when we launch the Alpha version.

Discord

https://discord.gg/ioxtream

Twitter

https://twitter.com/ioxtream

Instagram

https://instagram.com/ioxtream

[CAPABILITY/ FEASIBILITY] What is your capability to deliver your project with high levels of trust and accountability?

We have a research and development background for the last 6 years (only for IOXtream). We also became part of the Cardano community in 2021, since then we have studied a lot about the technologies and the long-term vision that this great ecosystem has. That's why our whole team still supports many Cardano projects and really wants to work with other projects that are building great communities and valuable tools.

Since the Beta launch last year, we create true value to streamers, viewers and brands by promoting immersion and unique experiences in their livestreams.

In addition to the proof of all deliveries made with the platform in operation, we must state that IOXteam is composed of highly qualified and competent professionals. From advisory veterans with over a decade of experience in the tech, legal and financial industries, to young Gen Z talents full of energy and fresh insights, our team embodies a harmonious blend of knowledge, innovation and dedication.

[CAPABILITY/ FEASIBILITY] What are the main goals for the project and how will you validate if your approach is feasible?

The main goal is to be able to translate through a new culture of immersion, interactivity and proximity, the new world of possibilities in Web3.

IOXtream and Cardano will guide the next level of expanded human-to-human experiences, strengthening the foundation of creative communities and preparing the ground for more pure innovations.

[CAPABILITY/ FEASIBILITY] Please provide a detailed breakdown of your project’s milestones and each of the main tasks or activities to reach the milestone plus the expected timeline for the delivery.

Milestone 1: Bringing a new member to the development team

• Scenario: We already have some colleagues who are interested in joining our team and who have experience with the development skills we will need in this proposal.
• Timeline: 1 month (until this new member joins our team and at least 8 months of payments)
• Estimated cost: 80,000.00 ADA

Milestone 2: UI + UX deliveries

• Activities: During this period, we will evolve with all researches wireframes, layouts and to create a better experience for the main features possible for our community.
• Timeline: 2 months
• Success measure: All issues created in our repositories for this milestone should be discussed and closed in 3 sprints (45 days).
• Estimated cost: 60,000.00 ADA

Milestone 3: Development (NMKR API integration + New internal and external pages)

• Activities: The new full-time developer will be assisted and onboarded into our agile culture, this way we follow-up closely all the development process, avoiding delays or inefficient code.
• Timeline: 3 months
• Success measure: All issues created in our repositories for this milestone should be discussed, reviewed and closed in 5 sprints (75 days).
• Estimated cost: 20,000.00 ADA

Milestone 4: Final testing and Alpha launch

• Activities: Final tests in our stage enviroment and launch of the closed Alpha for selected Xtreamers. At the end of this last milestone, we should be already minting the firsts CNFTs in our Xtreamer's page and allowing every Xtreamer to use this new tool for engagement with their communities.
• Timeline: 1 month
• Success measure: We will gather feedback from our community to assess their satisfaction and perception of the new feature. It will provide valuable insights into the usability and overall experience of the functionalities.
• Estimated cost: 20,000.00 ADA

[CAPABILITY/ FEASIBILITY] Please describe the deliverables, outputs and intended outcomes of each milestone.

UI + UX deliveries

• Research and benchmark (other players and NMKR API documentation)
• Wireframes for each new internal and external page
• Layout for each new internal and external page
• Discussions and final adjustments
• Approval of final layouts

Development (NMKR API integration + New internal and external pages)

• Development of environment for integration with NMKR API
• Performance validations in minting through integration
• Creation of new functions and API calls
• Development of optimized interfaces of the new pages in IOXtream (internal and external)
• Query and efficiency check with new user wallet field to receive CNFTs or ADA
• Battery of tests with the integrated API

Final testing and Alpha launch

• Battery of tests in stage environment to validate the implementation, security and scalability of functionalities
• Deployment to production in closed Alpha
• Release to selected Xtreamers
• Fixes and minor adjustments
• Release to all Xtreamers

[RESOURCES & VALUE FOR MONEY] Please provide a detailed budget breakdown of the proposed work and resources.

• Full Stack Developer (8 months) - 80,000.00 ADA
• UI + UX (Design and marketing team) - 60,000.00 ADA
• Development (Dev team) - 20,000.00 ADA
• Final testing and Alpha launch (Dev and marketing team) - 20,000.00 ADA

Total estimated cost: 180,000.00 ADA

[RESOURCES & VALUE FOR MONEY] How does the cost of the project represent value for money for the Cardano ecosystem?

"We are Cardano, and if you permit us, we'd like to change the world." Charles Hoskinson.

IOXtream wants to help Cardano make the world a better, fairer and more exciting place to live. We hope Cardano embraces us 👻💜

This money will help us to bring Vanguard into token-gated experiences for Cardano and make our ecosystem a part of this incredible journey that Web3 with true utility has to offer.

---

One last important thing: IO (our beloved "ghost" mascot) is excited to write the next chapter soon in our fascinating "ghost chain" 👀

Chapter 2 (Non-fungible IO)

[IMPORTANT NOTE] The Applicant agreed to Fund10 rules and also that data in the Submission Form and other data provided by the project team during the course of the project will be publicly available.

I Accept