Cardano NFT Licenses

[GENERAL] Name and Surname of Main Applicant

Gabriel Alborta

[GENERAL] Email address of Main Applicant

galborta@protonmail.com

Additional Applicants

Nicolas Valverde

Javier Loza

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

9

[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?

No

[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.” in this field.

No dependencies

[GENERAL] Will your project outputs be fully Open Source?

Yes

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

Project will be fully open source.

[METADATA] Category of Proposal

Dev Ecosystem Collaboration

[IMPACT] Please describe your proposed solution.

Our proposed solution aims to address the ambiguity and lack of a standardized licensing framework for NFTs on the Cardano blockchain. We recognize the confusion and disputes arising from unclear ownership rights and limited legal clarity for NFT creators and buyers.

To tackle this problem, we propose the implementation of Cardano-specific licenses. These licenses will provide a clear and standardized set of guidelines for NFT ownership, rights, and permitted usage within the Cardano NFT ecosystem. By establishing a consistent framework, we aim to enhance transparency, security, and legal certainty for all participants in the Cardano community.

What sets our solution apart is its focus on promoting responsible and inclusive practices within the Cardano NFT ecosystem. We aim to engage NFT creators, buyers, developers, and stakeholders within the Cardano community to collaborate on the development and adoption of these licenses. By involving multiple perspectives, we can ensure that the licenses address the needs and concerns of all stakeholders involved.

The benefits of implementing Cardano-specific licenses are manifold. NFT creators will gain clarity and protection for their intellectual property rights, fostering a more favorable environment for creativity and innovation. NFT buyers will have greater confidence in their ownership rights and permitted usage, reducing the risk of disputes and enabling them to fully enjoy and leverage their NFT assets. Furthermore, the wider Cardano community will benefit from a more transparent and trustworthy NFT ecosystem, attracting more participants and driving the growth of the Cardano blockchain.

We will demonstrate the impact of our solution by actively engaging with NFT creators, buyers, and stakeholders through educational campaigns, community discussions, and collaborations. We will work closely with developers to incorporate the Cardano-specific licenses into smart contracts and NFT platforms, making them easily accessible and widely adopted. Through continuous monitoring and feedback mechanisms, we will gather data on the adoption rates, user satisfaction, and legal clarity improvements brought about by the implementation of these licenses.

By establishing a robust and standardized licensing framework, we aim to create a Cardano NFT ecosystem that fosters trust, innovation, and equitable participation. This is crucial for the long-term success and sustainability of Cardano, positioning it as a leading blockchain platform for NFTs while ensuring the protection and empowerment of all its participants.

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

Our proposed solution directly addresses the challenge of ambiguity and lack of standardized licensing for NFTs on the Cardano blockchain. By implementing Cardano-specific licenses, we aim to bring several key benefits to the Cardano ecosystem.

1. Enhanced Trust and Confidence: The implementation of standardized licenses will instill trust and confidence among NFT creators, buyers, and stakeholders. Clear ownership rights and permitted usage will reduce disputes and ensure that participants can engage in the NFT ecosystem with peace of mind. This will attract more users to the Cardano ecosystem and foster its growth.
2. Increased NFT Adoption: With a robust licensing framework in place, NFT creators will have greater confidence in protecting their intellectual property rights. This will encourage more creators to choose Cardano as their preferred platform for minting and selling NFTs, leading to an increased variety and quality of NFTs available on the network. The broader range of NFT offerings will attract more buyers and collectors to the Cardano ecosystem.
3. Innovation and Collaboration: The standardized licenses will provide a solid foundation for innovation and collaboration within the Cardano NFT community. By defining clear rights and permissions, creators will have the freedom to explore new creative possibilities, such as remixing and collaboration, without legal barriers. This will spur the development of unique and innovative NFT projects, further enhancing the reputation and appeal of the Cardano ecosystem.
4. Regulatory Compliance and Legal Clarity: The implementation of Cardano-specific licenses will contribute to regulatory compliance within the NFT space. By providing a clear framework for ownership and usage rights, the ecosystem will be better equipped to navigate legal requirements and protect against potential infringements. This will ensure the long-term sustainability and legality of NFT transactions on the Cardano blockchain.

In terms of quantifiable impact, we anticipate a significant increase in the number of NFT creators, buyers, and collectors participating in the Cardano ecosystem as a result of the implementation of Cardano-specific licenses. We aim to achieve steady growth in NFT transactions and usage within a reasonable timeframe, showcasing the success of the standardized licensing framework and its positive impact on the Cardano ecosystem. While specific numerical targets will depend on various factors, we are committed to continuous monitoring and evaluation to measure the adoption rates, user satisfaction, and overall growth facilitated by our solution.

Overall, our proposed solution will strengthen the Cardano ecosystem by establishing legal clarity, promoting innovation, attracting new users, and ensuring the long-term viability of NFTs on the blockchain.

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

1. Adoption and Engagement: We will track the number of NFT projects adopting the Cardano-specific licenses and the growth in the overall NFT ecosystem on the Cardano blockchain. Additionally, we will monitor the engagement levels of NFT creators, buyers, and collectors, such as the number of active wallets, transactions, and community participation.
2. Legal Compliance and Dispute Resolution: We will monitor the effectiveness of standardized licenses in reducing disputes and legal conflicts within the Cardano NFT ecosystem. This can be measured by tracking the number of reported infringements, resolution times, and overall satisfaction of stakeholders with the licensing framework.
3. User Satisfaction and Feedback: We will gather user feedback and opinions through surveys, interviews, and community forums to understand their perception of the licensing system and its impact on their experience. This qualitative data will provide insights into user satisfaction, adoption barriers, and areas for improvement.

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

Documentation and Reports: We will prepare detailed documentation and reports that outline the implementation process, lessons learned, and key findings from the project. These documents will be made available on relevant Cardano channels to ensure transparency and accessibility.

Community Engagement: We will actively engage with the Cardano community through workshops, webinars, and presentations to share our project's outputs, impact, and opportunities. This will foster knowledge exchange, encourage feedback, and inspire further innovation within the community.

Partnerships and Collaborations: We will seek partnerships with relevant organizations, including NFT platforms, blockchain developers, and legal experts, to share our project's outputs. By collaborating with industry stakeholders, we can amplify the reach of our findings and promote the adoption of standardized licenses across different projects and platforms.

Research and Development: We will leverage the results generated from the project to inform further research and development activities. This includes exploring enhancements to the licensing framework, addressing emerging challenges, and identifying opportunities to expand the use of NFTs on the Cardano blockchain. The insights gained will contribute to ongoing efforts to strengthen the Cardano ecosystem.

Publication and Dissemination: We will aim to publish our project's outcomes, insights, and best practices in relevant academic journals, industry publications, and online platforms. This will allow a wider audience, including researchers, practitioners, and blockchain enthusiasts, to benefit from our work and contribute to the broader knowledge base.

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

Technical Expertise: Our team of technical engineers has a deep understanding of blockchain technology, specifically the Cardano ecosystem. We have extensive experience in developing smart contracts, implementing decentralized applications, and working with blockchain protocols. Our technical expertise ensures that we have the necessary skills to design and implement the licensing framework on the Cardano blockchain effectively.

Legal Knowledge: With our international team of lawyers specialized in intellectual property and contracts law, we have a comprehensive understanding of the legal aspects surrounding NFTs and licensing. Our legal expertise allows us to navigate various complex regulatory landscapes, ensure compliance, and develop robust licensing agreements that protect the rights of creators and buyers. We will incorporate best practices and legal standards into the licensing framework, instilling trust and accountability.

Track Record: Our team has a proven track record of successful project delivery in both the technical and legal domains. We have previously collaborated on projects that involved the intersection of technology and law, showcasing our ability to combine these disciplines effectively. Our experience in handling complex projects demonstrates our capability to navigate challenges, meet deadlines, and deliver high-quality outcomes.

Transparent Fund Management: We understand the importance of proper fund management and take it seriously. We have established internal processes and protocols to ensure the transparent and accountable handling of funds. This includes maintaining a clear and auditable record of all financial transactions, employing secure payment mechanisms, and adhering to relevant legal and regulatory requirements. We are committed to ensuring that funds allocated to the project are utilized responsibly and in accordance with the proposed plan.

Partnerships and Support: We have established relationships with industry stakeholders, including reputable organizations, advisors, and investors, who can vouch for our capability and trustworthiness. These partnerships provide us with additional resources, guidance, and support to successfully deliver the project. We will leverage these networks to access expertise and gain insights that enhance the trust and accountability associated with our project.

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

The main goals of our project are as follows:

Develop and implement a comprehensive licensing framework on the Cardano Blockchain

• Validate feasibility by creating smart contracts and deploying them on the Cardano network.
• Measure the successful implementation through the proper functioning of the licensing system and its integration with NFT projects.

Ensure transparency and trust in the licensing agreement

• Validate feasibility by designing transparent licensing terms and conditions that are easily accessible and verifiable.
• Measure the success by obtaining feedback from users and stakeholders regarding the clarity and fairness of the licensing framework.

Encourage standardization and adoption of high-quality licenses across the Cardano ecosystem

• Validate feasibility by collaborating with NFT projects and promoting the adoption of the licensing framework.
• Measure the success by tracking the number of projects that incorporate the "Can't Be Evil" license and assessing the overall acceptance and adherence to the standardized licenses.

[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: Design and Development of Smart Contracts

Key Activities:

• Research and analysis of existing licensing frameworks and best practices.
• Designing the architecture and specifications for the licensing smart contracts.
• Developing and testing the smart contracts on the Cardano blockchain.

Timeline: 3 months

Success/Acceptance Criteria:

• Completion of research and analysis report.
• Finalized architecture and specifications document.
• Fully functional and tested smart contracts

Milestone 2: Integration with NFT Projects

Key Activities:

• Collaborating with NFT projects to integrate the licensing framework.
• Providing technical guidance and support for implementation.
• Conducting pilot tests and gathering feedback from project partners.

Timeline: 3 months

Success/Acceptance Criteria:

• Successful integration of the licensing framework with at least three NFT projects.
• Positive feedback from project partners regarding ease of integration and functionality.

Milestone 3: Community Adoption and Standardization

Key Activities:

• Promoting the licensing framework within the Cardano community.
• Educating creators, owners, and stakeholders about the benefits and importance of standardized licenses.
• Encouraging adoption of the licenses.

Timeline: 3 months

Success/Acceptance Criteria:

• Increased awareness and understanding of the licensing framework among the Cardano community.
• Adoption of the framework by at least five NFT projects.
• Recognition and acceptance of the licenses as a standard within the Cardano ecosystem.

Project Management Approach:

• The project will be managed using an agile methodology, with regular iterations and feedback loops.
• A project manager will oversee the overall progress, coordinate activities, and ensure timely delivery of milestones.
• Communication channels will be established with project partners, stakeholders, and the Cardano community to facilitate collaboration and gather feedback.
• Regular progress reports will be provided to keep all stakeholders informed about the project's status and achievements.

Projected Costs:

• Milestone 1: Design and Development of Smart Contracts - $67,582
• Milestone 2: Integration with NFT Projects - $34,198
• Milestone 3: Community Adoption and Standardization - $26,196

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

Milestone 1: Design and Development of Smart Contracts with License Integration

Deliverables:

1. Research and analysis report: A comprehensive report documenting the research conducted on existing licensing frameworks and the integration of a custom license into smart contracts on the Cardano blockchain.
2. Architecture and specifications document: Detailed documentation outlining the design and technical specifications of the smart contracts integrating the custom license.
3. Fully functional and tested smart contracts: Developed and tested smart contracts that incorporate the custom license, enabling NFT projects to implement the license's terms and conditions.

Intended Outcomes:

• Enhanced understanding of licensing frameworks and the integration of a custom license within the Cardano ecosystem.
• Well-defined and efficient smart contract architecture for incorporating the custom license.
• Functional and secure smart contracts that provide the custom license features to NFT projects.

Measurement:

• Completion and submission of the research and analysis report.
• Finalization of the architecture and specifications document.
• Successful development and testing of the smart contracts with integrated custom license.

Milestone 2: Integration with NFT Projects and Community Engagement

Deliverables:

1. Integration documentation: Comprehensive documentation outlining the steps for NFT projects to integrate the custom license into their smart contracts.
2. Integration with NFT projects: Successful integration of the custom license into at least three NFT projects within the Cardano ecosystem.
3. Community engagement materials: Educational resources and materials aimed at raising awareness and promoting the benefits of the custom license among creators, owners, and the wider Cardano community.

Intended Outcomes:

• Adoption of the custom license by NFT projects, ensuring ethical use of third-party content and fostering trust within the NFT ecosystem.
• Increased awareness and understanding of the custom license among creators and the Cardano community.
• Engagement and support from the community in promoting the benefits and importance of ethical licensing practices.

Measurement:

• Completion and dissemination of the integration documentation.
• Successful integration of the custom license into at least three NFT projects.
• Positive feedback and satisfaction from NFT project owners regarding the integration process and the benefits of the custom license.
• Community engagement and participation in discussions and educational initiatives related to the custom license.

Milestone 3: Standardization and Recognition of the Custom License

Deliverables:

1. Standardization proposal: Documentation proposing the custom license as a standard license within the Cardano ecosystem, supported by legal and technical considerations.
2. Community adoption metrics: Measurement of the number of NFT projects and creators that adopt and utilize the custom license as their preferred licensing framework.
3. Recognition and endorsement: Recognition of the custom license as a standard license within the Cardano community, supported by consensus and adoption.

Intended Outcomes:

• Wide adoption of the custom license by NFT projects, establishing it as a prominent licensing framework within the Cardano ecosystem.
• Standardization of licensing practices, promoting transparency, trust, and ethical use of third-party content.
• Recognition of the custom license as a reputable and widely accepted standard within the Cardano community.

Measurement:

• Number of NFT projects and creators that adopt and utilize the custom license as their preferred licensing framework.
• Feedback and engagement from the Cardano community regarding the benefits and importance of the custom license.

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

Budget Breakdown:

Milestone 1: Design and Development of Smart Contracts - $67,582

1. Research and analysis expenses - $8,500
2. Technical expertise and development - $45,000
3. Documentation and reporting - $4,582
4. Code auditing and security review - $9,500

Milestone 2: Integration with NFT Projects - $34,198

1. Integration support and consulting - $10,000
2. Community engagement and educational materials - $6,000
3. Marketing and promotion - $12,198
4. Documentation and reporting - $6,000

Milestone 3: Community Adoption and Standardization - $26,196

1. Standardization proposal development - $5,000
2. Community adoption metrics and analysis - $4,500
3. Community engagement events and activities - $8,196
4. Documentation and reporting - $8,500

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

The cost of the project has been carefully considered to ensure value for money for the Cardano ecosystem. The costs described earlier, including the breakdown of each milestone, are justified based on the following factors:

1. Expertise and Qualifications: The project team consists of highly qualified professionals with specialized knowledge in technical engineering and legal domains. The costs associated with their services reflect their expertise and experience.
2. Market Rates and Industry Standards: The costs have been determined by considering market rates and industry standards for similar services.
3. Value Proposition: The project's value proposition lies in its ability to address the identified problem, promote community adoption, and contribute to the growth and development of the Cardano ecosystem. The proposed costs are justified by the anticipated outcomes, including the design and development of smart contracts, integration with NFT projects, and community adoption and standardization. These outcomes have the potential to drive innovation, attract users, and enhance the overall value of the Cardano ecosystem.
4. Cost-Benefit Analysis: A thorough cost-benefit analysis has been conducted to evaluate the potential benefits of the project against the associated costs. The project team has assessed the expected impact, outcomes, and deliverables in relation to the proposed budget. This analysis ensures that the allocated resources are optimized to maximize the project's value and align with the long-term objectives of the Cardano ecosystem.

By considering the expertise of the team, market rates, industry standards, value proposition, and conducting a cost-benefit analysis, the project's costs represent great value that is way beyond the cost for the Cardano ecosystem. The investment in the project is expected to generate significant benefits, including technological advancements, community engagement, and overall ecosystem growth, making it a worthwhile endeavor for the Cardano community and stakeholders.

[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