Rewards Without Borders: A Web2 Compatible, Cross-Chain Digital Collectibles Loyalty Program on Cardano

[GENERAL] Name and Surname of Main Applicant

Viviek Patel

[GENERAL] Email address of Main Applicant

thedegencreator@gmail.com

Additional Applicants

Nicolas Caridi, Marcus Lee, Campurean Alexandru

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

12

[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?

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.” in this field.

Project will be fully open source.

[METADATA] Category of Proposal

dApp

[IMPACT] Please describe your proposed solution.

Our proposed solution is to develop an open-source, blockchain-agnostic iOS application that leverages the Cardano blockchain to manage and reward digital collectible ownership across different blockchain networks. Our application will offer a unified rewards system, integrated into a user-friendly platform, that incentivizes digital collectible ownership and engagement.

We perceive the problem as a lack of easy interoperability and management of digital collectibles, which stifles both developers and users from maximizing the potential benefits of these assets. A fragmented ecosystem creates barriers for developers who wish to create and manage loyalty and rewards programs across multiple blockchain platforms as well as for Web 2 businesses to tap into the communities we’ve created..

We are approaching this problem by developing a solution that is both user-centric and developer-friendly. By leveraging Cardano, we are developing a tool that allows for seamless integration of digital collectibles from various blockchains and can be leveraged by Web2 businesses for rewards as well. Furthermore, by open-sourcing this project, we are fostering a community-driven approach where developers and projects can improve upon our foundation.

Our project will engage developers seeking to integrate their digital collectibles into a unified rewards system, users of digital collectibles, as well as businesses looking to explore and utilize blockchain technology for their rewards and loyalty programs.

To demonstrate our impact, we will track metrics such as the number of projects adopting our tool, user engagement within the app, and the number of digital collectibles linked to our app.

Because we’re building the infrastructure for a rewards loyalty program on Cardano, the benefits of our project extend to Cardano users who will be able to manage and receive rewards for their digital collectibles in a streamlined manner as well as businesses who want to enter into the web3 world and tap into the communities we’ve created. On top of this, eventually, developers from any blockchain and/or Web2 brand can build solutions that integrate to the dApp and bolster a loyalty program.

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

Our solution directly addresses the challenge by providing a dApp that simplifies the process of creating and managing digital collectible loyalty and rewards programs across multiple blockchains and provides a bridge to Web2 businesses. Our open-source, cross-chain, and Web2 compatible iOS application will make it easy for developers and businesses to reward and incentivize digital collectible ownership and engagement.

In terms of benefits to the Cardano ecosystem, our solution will:

Drive Adoption: By offering a unique, open-source tool that utilizes Cardano for a rewarding, cross-chain digital collectible experience, we aim to attract more developers and businesses to build and integrate their applications on the Cardano blockchain.

Foster Innovation: By open-sourcing the project, we create an environment for developers to make their own iterations of our platform, sparking collaboration between businesses and blockchain projects.

Strengthen the Community: The platform will create a more engaged and vibrant community by providing users with a streamlined way to manage and receive rewards for their digital collectibles. It will also encourage the integration of digital collectible rewards programs from other blockchains, bringing more users and developers into the Cardano ecosystem. Moverover, by providing rewards outside of Web3 (Web2 and IRL), we bridge the gap between real world use cases for digital collectibles and Web3 development.

Quantifying the impact, we expect to see an increase in the number of developers and businesses using Cardano to develop applications after the launch of our platform. Additionally, we anticipate a rise in user engagement within the Cardano ecosystem as they can more easily manage and receive rewards for their digital collectibles. As we track our key performance metrics post-launch, we will be able to provide more precise figures on the usage and adoption rates.

Our solution has the potential to expand Cardano's influence and utilization across multiple blockchain ecosystems and bring more Web2 businesses into the web3 world. The combination of improved functionality, increased community engagement, and the potential for attracting new developers and users offers significant value to the Cardano ecosystem.

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

Our solution directly addresses the challenge by providing a dApp that simplifies the process of creating and managing digital collectible loyalty and rewards programs across multiple blockchains and provides a bridge to Web2 businesses. Our open-source, cross-chain, and Web2 compatible iOS application will make it easy for developers and businesses to reward and incentivize digital collectible ownership and engagement.

In terms of benefits to the Cardano ecosystem, our solution will:

Drive Adoption: By offering a unique, open-source tool that utilizes Cardano for a rewarding, cross-chain digital collectible experience, we aim to attract more developers and businesses to build and integrate their applications on the Cardano blockchain.

Foster Innovation: By open-sourcing the project, we create an environment for developers to make their own iterations of our platform, sparking collaboration between businesses and blockchain projects.

Strengthen the Community: The platform will create a more engaged and vibrant community by providing users with a streamlined way to manage and receive rewards for their digital collectibles. It will also encourage the integration of digital collectible rewards programs from other blockchains, bringing more users and developers into the Cardano ecosystem. Moverover, by providing rewards outside of Web3 (Web2 and IRL), we bridge the gap between real world use cases for digital collectibles and Web3 development.

Quantifying the impact, we expect to see an increase in the number of developers and businesses using Cardano to develop applications after the launch of our platform. Additionally, we anticipate a rise in user engagement within the Cardano ecosystem as they can more easily manage and receive rewards for their digital collectibles. As we track our key performance metrics post-launch, we will be able to provide more precise figures on the usage and adoption rates.

Our solution has the potential to expand Cardano's influence and utilization across multiple blockchain ecosystems and bring more Web2 businesses into the web3 world. The combination of improved functionality, increased community engagement, and the potential for attracting new developers and users offers significant value to the Cardano ecosystem.

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

Our plan for sharing outputs and results is multi-pronged, with a focus on transparency, engagement, and collaboration. We aim to ensure that the benefits of our project reach as many relevant stakeholders as possible, within a reasonable timescale.

Open Source Collaboration: As an open-source project, the codebase and technical documentation will be made available on platforms like GitHub. This allows other developers to examine, use, and improve our work, fostering innovation and collaboration within the Cardano community and beyond.

Progress Reports and Blog Posts: We will regularly publish detailed progress reports and blog posts on our website and share them on social media platforms. These posts will cover various topics, including our latest updates, milestone achievements, challenges faced, and how we overcame them.

Partnerships and Integration: We will work on forming partnerships with other projects and platforms in the Cardano ecosystem and beyond. The outputs of our project can then be integrated into these platforms, amplifying our reach and impact.

Regarding the use of results generated from the project in further research and development activities, we expect the insights gained from this project to significantly inform future projects and improvements. Data on user engagement, bug reports, and community feedback will be invaluable in refining our approach and designing future iterations or complementary applications.

We also envision that our project could inspire and enable other projects in the Cardano ecosystem and the broader blockchain world. As we publish our findings and lessons learned, we hope that other teams can benefit from our experience, just as we have learned from those who have come before us.

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

Our team is composed of dedicated individuals with a wealth of knowledge and experience in various domains of blockchain, marketing, project management, and community engagement.

Nicolas Caridi, with his robust background in business development, marketing, and blockchain project management, will serve as the project's lead coordinator, delegating tasks to the development team and ensuring all milestones are met. His previous endeavors, including creating the first Ethereum digital collectible with Cardano utility, demonstrate his innovative approach and commitment to the blockchain space.

Viviek Patel, having a strong background in product marketing and project management at tech startups, will be in charge of managing partnerships and marketing the platform and API. Viviek's experience at Unstoppable Domains, where he facilitated the go-to-market launch of various products, equips him with the skills necessary to scale our project's outreach efforts.

Marcus Lee, our developer, is the force behind projects such as XCSLabs and OrdinalsGateway. His innovative solutions are widely utilized in the blockchain industry today. Marcus and his team at XCSLabs will be responsible for our project's full-stack development, guaranteeing a quality and efficient technological base.

Campurean Alexandru, with a rich history in the Web3 community, will act as the liaison between our team and the community. His role in ensuring transparent communication and feedback coordination is critical to keep our project aligned with community needs and expectations.

In summary, our team exhibits:

Profound Expertise: Our members bring a deep understanding of blockchain technology, marketing, project management, and community liaison, vital to the project's success.

Impressive Track Record: The team has a history of delivering successful projects, demonstrating our ability to meet milestones and manage funds effectively.

Transparent Processes: Our project management process ensures each step is monitored, measured, and reported, including transparent budgeting and financial management.

Community Engagement: Our commitment to open-source principles and community involvement ensures accountability as we progress, fostering a sense of trust within the Cardano community.

This diverse and experienced team, coupled with our commitment to transparency and community engagement, positions us ideally to deliver on our project promises with high levels of trust and accountability.

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

1.Develop an open-source, blockchain-agnostic iOS application: Our primary goal is to create a user-friendly platform that enables developers and businesses to manage and reward digital collectible ownership across different blockchains, while providing seamless Web2 integratio

2. Drive Adoption and Engagement: We aim to encourage more developers and businesses to build and integrate their applications on the Cardano blockchain. We will validate this goal by tracking the number of developers and businesses adopting our tool and the overall engagement within our application.

3. Foster Innovation and Collaboration: By open-sourcing our project, we wish to foster a community-driven approach to our project. The success of this goal can be measured by the variety of projects developed based on our platform.

4. Bridge the Gap between Web2 and Web3: We aim to create a solution that allows traditional businesses to reward their web3 audiences, bringing in new players into the ecosystem. This will be measured by the number of Web2 businesses leveraging our application for their rewards programs.

We will begin with the discovery phase to understand our users better, followed by designing, developing, and testing the application. Post-launch, we will focus on user feedback and continuous improvement. The feasibility of our approach will be validated through pilot testing, user feedback, and the rate of adoption of our application by developers, businesses, and users.

[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: Research & Design (1-2 months)

- Conduct market research to identify needs and requirements.

- Develop user personas to understand key user types.

- Design user interface and user experience for the application.

- Plan the application's technical architecture.

- Cost: $15,000

Success criteria: Finalized application designs and technical architecture blueprint ready for development.

Milestone 2: MVP Development (3-4 months)

- Develop core features of the application such as user accounts, digital collectible management, and rewards system.

- Integrate the application with the Cardano blockchain.

- Conduct internal testing and bug fixing.

- Cost: $50,000

Success criteria: Fully functional MVP with all planned features and Cardano blockchain integration.

Milestone 3: Testing & Feedback (1 month)

- Release MVP to select users for beta testing.

- Collect user feedback on the application's functionality, usability, and feature set.

- Refine and improve the application based on user feedback.

- Cost: $5,000

Success criteria: Positive user feedback and improved application based on user suggestions.

Milestone 4: Launch & Marketing (1-2 months)

- Release the application to the public on the iOS App Store.

- Conduct marketing and promotion activities to raise awareness and increase adoption.

- Cost: $20,000

Success criteria: Successful launch with a substantial number of initial downloads and active users.

Milestone 5: Continuous Improvement & Expansion (Ongoing)

- Collect user feedback and usage data for continuous improvement.

- Develop and integrate additional features and blockchain platforms based on user needs.

- Ongoing marketing and user acquisition activities.

- Cost: $8,000 

Success criteria: Growing user base, increased user engagement, and additional blockchain platform integrations.

Regarding budget, the costs outlined for each milestone cover all anticipated expenses, including team salaries, software development tools and resources, marketing and promotional expenses, and miscellaneous expenses. We will self fund any unexpected costs and costs above as proposed. 

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

Milestone 1: Research & Design

- Deliverables: Market research report, user personas, user interface and experience designs, and technical architecture plan.

- Outputs: A detailed understanding of the user needs and requirements, final design drafts for the application, and a technical blueprint for development.

- Intended Outcomes: We will be able to start developing the application with a clear direction, based on researched facts and concrete design drafts.

- Measures: Successful completion of designs and plans, stakeholder approval.

Milestone 2: MVP Development

- Deliverables: A Minimum Viable Product (MVP) with core features such as user accounts, digital collectible management, and rewards system. 

- Outputs: A functional application integrated with the Cardano blockchain that is ready for user testing.

- Intended Outcomes: Early users can start testing the application, and we can start collecting feedback.

- Measures: Successful development of MVP, internal testing, and bug fixing.

Milestone 3: Testing & Feedback

- Deliverables: Beta version of the application, user feedback reports.

- Outputs: Insights into user experiences, list of identified issues, and suggestions for improvement.

- Intended Outcomes: The application will be refined and improved based on user feedback.

- Measures: Amount of feedback collected, improvements made to the application.

Milestone 4: Launch & Marketing

- Deliverables: Finalized application, marketing and promotion materials, press releases.

- Outputs: A publicly available application on the iOS App Store, increased awareness about the application.

- Intended Outcomes: Increased adoption of the application among users and developers.

- Measures: Number of initial downloads and active users, media coverage.

Milestone 5: Continuous Improvement & Expansion

- Deliverables: Regular updates to the application, new features, and blockchain platform integrations.

- Outputs: An evolving application that meets the needs and wants of its users, expanded user base.

- Intended Outcomes: Long-term success of the application, including growth in user engagement and expanded influence across different blockchain platforms.

- Measures: User base growth rate, user engagement levels, number of platform integrations.

To track progress, we'll rely on key performance indicators such as user feedback, application downloads, active users, and usage data. We'll use data analytics and project management tools to measure these indicators accurately. 

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

Research & Design: $10,000

This includes market research, user personas, user interface and user experience designs, and technical architecture planning.

MVP Development: $55,000

This involves the development of a Minimum Viable Product with core features such as user accounts, digital collectible management, and rewards system.

Testing & Feedback: $15,000

This covers the testing phase, user feedback collection and analysis, and refining the MVP based on feedback.

Launch & Marketing: $10,000

This includes finalizing the application for launch, as well as developing and executing a marketing plan. It also includes press releases and promotional materials.

Continuous Improvement & Expansion: $5,000

This budget is for regular updates, new feature development, and integration with more blockchain platforms after the initial launch.

Project Management: $0

This is for managing the project from start to finish, ensuring that milestones are met on time, and funds are used appropriately.

Documentation & Reporting: $3,000

This includes documenting the project development process, preparing user guides, and reporting progress to the community.

In total, we are seeking $98,000 for this project.

All costs are estimated and may change depending on various factors. Any leftover funds will be reinvested into the project to further improve and expand the application. The project team will strictly manage and audit the funds to ensure transparency and proper usage.

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

1.Expertise and Experience: Our team is composed of seasoned developers, blockchain experts, project manager, and marketer . The team's collective skill set and experience in the blockchain industry justify our costs, as this expertise ensures a high-quality end product.

2. Market Rate: Our project's budget is aligned with the average cost of similar blockchain projects and freelance rates in the tech industry. Moreover, considering the technical complexity of creating a blockchain-agnostic, cross-chain rewards system for digital collectibles, the proposed costs represent value for money.

3. Tangible and Intangible Benefits: Our project will not only provide a tangible product (the mobile app) but also generate numerous intangible benefits, including greater adoption of Cardano, a stronger community, and increased opportunities for developers and businesses.

4. Long-Term Impact: The project is designed to have a long-lasting impact on the Cardano ecosystem. It’s an investment towards increasing Cardano's usability and attractiveness for developers and businesses, thereby contributing to the ecosystem's growth in the long term.

5. Open Source: The project will be open-source, enabling others to leverage our work, learn from it, and potentially build upon it. This represents significant value, as the project's benefits and impact can extend far beyond the initial development.

We believe that, given these factors, our project costs are justified and offer significant value for the Cardano ecosystem. We're committed to ensuring that every dollar spent contributes to achieving our project goals and enhancing the Cardano ecosystem.

[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