NMKR API powers an Open Source NFT Launchpad website Template

[GENERAL] Name and surname of main applicant

Clint Alexander

[GENERAL] Email address of main applicant

calexander@tangent.art

Additional applicants

Ben Gordon

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

6

[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.”

No dependencies.

[GENERAL] Will your project’s output/s 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.”

Project will be fully open source.

[METADATA] Category of proposal

NFTs

[METADATA] SDG rating

By enabling broader participation and access to NFT sales through an open-source template, the proposal aligns with principles of inclusivity, innovation, and economic empowerment, which can contribute positively to the overarching goals of sustainable development.

1.Goal 8: Decent Work and Economic Growth

• Sub-goal 8.2: Achieve higher levels of economic productivity through diversification, technological upgrading, and innovation.
• Sub-goal 8.10: Strengthen the capacity of domestic financial institutions to encourage and expand access to banking, insurance, and financial services.
• KPI: Increase the accessibility and ease of participation in the NFT market for individuals, promoting economic growth and financial inclusion.

2.Goal 9: Industry, Innovation, and Infrastructure

• Sub-goal 9.3: Increase access to information and communication technologies (ICT) and strive to provide universal and affordable access to the internet.
• Sub-goal 9.5: Enhance scientific research and upgrade the technological capabilities of industrial sectors.
• KPI: Facilitate technological innovation and enable wider participation in the NFT sector through the provision of an open-source launchpad template.

3.Goal 10: Reduced Inequalities

• 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.
• KPI: Enable individuals from diverse backgrounds, including those without coding knowledge, to participate in the NFT market and have equal opportunities for success.

4.Goal 16: Peace, Justice, and Strong Institutions

• Sub-goal 16.6: Develop effective, accountable, and transparent institutions at all levels.
• Sub-goal 16.10: Ensure public access to information and protect fundamental freedoms, in accordance with national legislation and international agreements.
• KPI: Foster transparency and accountability in the NFT market by providing an open-source launchpad template that encourages fair participation and access to information.

[IMPACT] Please describe your proposed solution.

Our proposed solution aims to address the problem of the lack of a ready-to-use website template for hosting NFT launchpads using the NMKR API. We perceive this problem as a barrier to entry for community members who do not possess coding skills, limiting their ability to participate in the NFT market.

To tackle this challenge, we are approaching the problem by developing an open-source NFT launchpad website template that integrates seamlessly with the NMKR API. Our solution prioritizes user-friendliness, customization options, and simplicity, ensuring that individuals without technical expertise can easily set up their own NFT launchpads and conduct NFT sales.

Our project will engage various stakeholders within the Cardano ecosystem, including artists, creators, collectors, and enthusiasts. By providing an accessible platform for NFT sales, we aim to foster creativity, innovation, and economic opportunities for individuals who may have previously been excluded from the NFT space due to technical barriers.

To demonstrate the impact of our solution, we will measure several key factors. Firstly, we will track the number of community members utilizing the open-source template to set up their NFT launchpads, indicating the adoption and usage of the platform. Additionally, we will gather feedback from users to evaluate the ease of use, customization options, and overall user experience, ensuring continuous improvements based on their input.

What makes our solution unique is its emphasis on simplicity and accessibility. By providing a no-code solution, we enable a broader audience to participate in the NFT market, fostering inclusivity and diversity. This is important to Cardano as it aligns with the ecosystem's values of empowering individuals and promoting decentralized innovation.

The benefits of our solution extend beyond the immediate user base. It contributes to the growth and expansion of the NFT market on Cardano, attracting new artists, creators, and collectors to the ecosystem. This increased participation enhances the vibrancy and diversity of the Cardano NFT community, strengthening Cardano's position as a prominent player in the digital art and collectibles space.

In summary, our proposed solution addresses the technical barriers faced by community members, empowers individuals without coding skills to host NFT launchpads, and fosters inclusivity and participation within the Cardano NFT ecosystem. By offering a user-friendly template integrated with the NMKR API, we create opportunities for artists, creators, and collectors to engage with Cardano, fueling innovation and economic growth within the ecosystem.

[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 the lack of a ready-to-use website template for hosting NFT launchpads using the NMKR API. By developing an open-source NFT launchpad website template, we provide a practical solution that enables community members without coding skills to overcome the technical barriers and participate in the NFT market on Cardano.

This project aligns with the aims of the challenge by fostering inclusivity, innovation, and accessibility within the Cardano ecosystem. It empowers individuals who may have previously been excluded from the NFT space due to limited technical knowledge, allowing them to showcase their digital art, sell NFTs, and engage with the vibrant NFT community on Cardano.

The impact of our project extends beyond funding the project team. It brings several benefits to the Cardano ecosystem, including:

1. Increased Participation: Our solution will attract new users to the Cardano ecosystem, including artists, creators, collectors, and enthusiasts who previously lacked coding skills. This will expand the community and foster a diverse range of NFT projects and transactions.
2. Enhanced Innovation: By enabling a broader audience to launch their own NFTs and engage in NFT sales, our solution encourages innovation and creativity within the Cardano NFT space. It unlocks the potential for new artistic expressions, unique collectibles, and novel use cases.
3. Strengthened Ecosystem: The availability of an open-source NFT launchpad template integrated with the NMKR API enhances the overall strength and resilience of the Cardano ecosystem. It promotes the development of decentralized applications and platforms, fostering a robust and sustainable NFT market.

Quantifying the impact in terms of the exact number of users or transactions within a specific timeframe is challenging, as it depends on various factors such as market demand, adoption rates, and community engagement. However, we anticipate a meaningful increase in the number of NFT projects launched on Cardano, an expansion of the NFT user base, and an overall growth in NFT transactions as a result of our solution.

In summary, our proposed solution addresses the challenge by providing an accessible and user-friendly NFT launchpad template. It brings new participants to the Cardano ecosystem, strengthens innovation, and contributes to the growth of the NFT market. By empowering individuals without coding skills, we create a more inclusive and diverse NFT community on Cardano, enhancing the ecosystem's value proposition and establishing Cardano as a prominent player in the NFT space.

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

To measure the success of our project and the benefits it brings to the Cardano ecosystem, we will employ a combination of quantitative and qualitative metrics. While some aspects can be quantified, we recognize the importance of capturing qualitative feedback to assess user satisfaction and gauge the project's impact.

1. Adoption and Usage: We will measure the number of users who adopt the open-source NFT launchpad template and successfully deploy their NFT sales platforms on Cardano. This metric indicates the level of adoption and the overall reach of our solution within the Cardano community.
2. User Feedback and Satisfaction: Gathering qualitative feedback from users will provide insights into their satisfaction with the template, user experience, and customization capabilities. This will help us refine the template based on user needs and improve the overall usability of the launchpad.
3. NFT Projects Launched: Tracking the number of NFT projects launched using the template will demonstrate the impact on the growth and diversification of the Cardano NFT ecosystem. This metric reflects the creativity and innovation fostered by the template's accessibility.
4. Community Engagement: Measuring the level of engagement within the Cardano NFT community, such as active participation in forums, discussions, and collaborations facilitated by the template, will indicate the project's contribution to community building and knowledge sharing.
5. Ecosystem Expansion: Monitoring the increase in the overall number of NFT transactions on the Cardano blockchain can provide a broad indication of the project's impact on the ecosystem's productivity and growth. This metric reflects the value generated by the template in facilitating NFT sales and transactions.

In the short term, the project's success can be measured by the adoption rate and the number of NFT projects launched using the template. These metrics will demonstrate the immediate impact on community engagement and ecosystem expansion. Additionally, gathering qualitative feedback will allow us to continuously improve the template's features and usability, enhancing user satisfaction.

In the long term, the project's success will be evident through sustained community engagement, a thriving ecosystem of NFT projects, and a growing number of transactions on Cardano. As more artists, creators, and collectors embrace the template, it will contribute to Cardano's reputation as a leading platform for NFTs, driving productivity, innovation, and growth within the ecosystem.

While quantitative metrics provide concrete indicators of success, qualitative feedback is equally important. Opinions and testimonials from users will help us understand the impact on their creative pursuits, economic opportunities, and overall satisfaction. Collecting and considering both quantitative and qualitative measures will provide a comprehensive assessment of the project's success and its contribution to the Cardano ecosystem.

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

We have comprehensive plans to share the outputs and results of our project with the Cardano community and beyond. Our goal is to disseminate the project's outputs, impact, and opportunities in a strategic and inclusive manner over a reasonable timescale.

1. Documentation and Guides: We will create detailed documentation and user guides that accompany the open-source NFT launchpad template. These resources will provide step-by-step instructions on how to deploy and customize the template, making it accessible to users of varying technical backgrounds.
2. Online Platforms: We will leverage various online platforms, such as the Cardano community forums, social media channels, and developer communities, to share the project's outputs and updates. Regular posts, announcements, and engagement activities will keep the community informed about the project's progress and encourage participation.
3. Demonstrations and Workshops: Organizing virtual demonstrations and workshops will allow us to showcase the capabilities of the NFT launchpad template and provide hands-on guidance to potential users. These interactive sessions will help users understand the features and customization options, fostering adoption and engagement.
4. Collaboration and Partnerships: We will actively seek collaborations and partnerships with relevant organizations, NFT projects, and community initiatives. By partnering with established players in the NFT space, we can amplify the reach of our project's outputs and forge mutually beneficial relationships.
5. Community Feedback and Iteration: Continuous engagement with the Cardano community will be essential. We will encourage users to provide feedback, share their experiences, and suggest improvements. This iterative process will ensure that the project evolves based on user needs and community insights.

In terms of research and development activities, the results generated from the project will serve as valuable inputs for future enhancements and innovations. We will analyze user feedback, usage patterns, and emerging trends to identify areas for improvement and potential research directions. This feedback loop will fuel ongoing research and development efforts to enhance the template, address user requirements, and stay aligned with the evolving needs of the Cardano NFT ecosystem.

Furthermore, the results and insights gained from the project will contribute to broader discussions and research related to NFTs, blockchain technology, and decentralized applications. We plan to share our findings through academic papers, industry publications, and participation in relevant conferences and events. By disseminating our project's results, we aim to contribute to the collective knowledge and understanding of NFTs within the wider research and development community.

Overall, our plans focus on transparently sharing the project's outputs, engaging the Cardano community, fostering collaborations, and using the results generated to drive further research and development activities in the NFT space.

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

We have a proven track record of delivering projects with high levels of trust and accountability, which makes us well-suited to execute this proposal. Our capabilities are grounded in the following key aspects:

1. Technical Expertise: Our team comprises experienced professionals with a strong background in software development, web design, and blockchain technology. We have a deep understanding of the Cardano ecosystem, including smart contracts, NFT standards, and API integration. This expertise ensures that we can effectively develop the open-source NFT launchpad template and integrate it with the NMKR API.
2. Project Management: We have a structured project management approach that emphasizes clear communication, meticulous planning, and efficient execution. Our team members have successfully managed and delivered complex projects in the past, demonstrating our ability to adhere to timelines, allocate resources effectively, and meet project objectives.
3. Transparent and Open Communication: Trust is built on transparency and open communication. We are committed to providing regular updates, engaging with the Cardano community, and soliciting feedback throughout the project's lifecycle. Our responsive and inclusive communication approach ensures that stakeholders are informed, involved, and have a voice in the project's development.
4. Financial Accountability: We understand the importance of proper fund management and accountability. To ensure the responsible use of funds, we have established processes in place:

• Budget Planning: We will develop a detailed budget that outlines the projected costs and expenses for the project. This budget will be based on careful consideration of the resources required, market rates, and potential contingencies.
• Financial Reporting: We will maintain transparent financial records and provide regular reports on the utilization of funds. These reports will include a breakdown of expenses, receipts, and any significant financial transactions related to the project.
• Auditing and Compliance: We will adhere to any reporting and auditing requirements stipulated by Catalyst or relevant regulatory bodies. This ensures that our financial management practices are aligned with industry standards and regulatory guidelines.
• Financial Controls: We will implement internal financial controls to mitigate the risk of mismanagement or misuse of funds. These controls may include oversight mechanisms, expense approval processes, and separation of financial duties.
• Accountability to the Community: As proponents of the Cardano ecosystem, we hold ourselves accountable to the community. We are committed to transparency, and if entrusted with funds, we will provide regular updates on the financial status of the project, ensuring that the community can trust us to manage funds responsibly.

By combining our technical expertise, project management capabilities, transparent communication, and financial accountability, we are confident in our ability to deliver this project with high levels of trust and accountability. We understand the importance of responsible fund management and will uphold the community's trust by ensuring transparency, adherence to budget plans, and clear reporting of financial activities throughout the project's execution.

[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:

1. Develop an Open Source NFT Launchpad: Our primary goal is to create an open-source website template that allows users to host their own NFT launchpads or sales using the NMKR API. This template will provide a user-friendly interface and require no coding knowledge, enabling broader participation in the NFT space.
2. Facilitate Easy Customization: We aim to design the template in a way that allows users to easily customize the look, feel, and functionality of their NFT launchpad. This flexibility will empower users to create unique and engaging experiences for their NFT projects.
3. Integration with NMKR API: We will ensure seamless integration with the NMKR API, enabling users to leverage its features and functionalities to conduct NFT sales, manage collections, and engage with the Cardano ecosystem.
4. User Adoption and Engagement: Our goal is to encourage user adoption of the NFT launchpad template and foster active engagement within the Cardano community. We want to see users successfully deploying their own NFT launchpads, launching NFT projects, and participating in the growing NFT market on Cardano.

To validate the feasibility of our approach, we will employ the following measures:

1. User Feedback and Satisfaction: We will actively seek feedback from users who adopt the template to gauge their satisfaction, ease of use, and customization capabilities. Feedback will be collected through surveys, user interviews, and community discussions. Positive feedback and a high level of user satisfaction will indicate the feasibility and effectiveness of our approach.
2. Adoption Rate: We will track the number of users who successfully deploy their NFT launchpads using the template. An increasing adoption rate will indicate the feasibility of our approach and validate its value in addressing the technical barriers to entry for NFT projects on Cardano.
3. Community Engagement: Monitoring the level of engagement and activity within the Cardano NFT community will provide insights into the success of our project. Increased participation, collaboration, and discussions related to NFT launchpads will demonstrate the feasibility and effectiveness of our approach in fostering community engagement.
4. Integration Success: The successful integration of the template with the NMKR API will serve as a validation of our technical approach. Testing the functionality, reliability, and compatibility of the integration will ensure that users can leverage the full capabilities of the NMKR API within their NFT launchpads.

While some goals can be quantified, such as adoption rate and community engagement metrics, other goals, like user satisfaction and customization capabilities, may require qualitative measures. Through user feedback, testimonials, and surveys, we will assess the achievement of these qualitative goals, considering the overall sentiment and user experiences.

Overall, the feasibility of our project will be validated through user feedback, adoption rates, community engagement, and successful integration with the NMKR API. By continuously monitoring and evaluating these metrics, we can ensure that our project is effectively addressing the identified problem and delivering the desired outcomes for the Cardano ecosystem.

[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: Project Planning and Design

• Tasks:Conduct market research on existing NFT launchpad solutions
• Define project requirements and scope
• Create wireframes and design mockups for the NFT launchpad template
• Timeline: 2 weeks
• Success Criteria: Completion of market research, finalized project requirements, and approved design mockups

Milestone 2: Template Development

• Tasks:Develop the frontend interface of the NFT launchpad template
• Implement customization options for users
• Integrate with the NMKR API for NFT sale functionalities
• Timeline: 8 weeks
• Success Criteria: Fully functional frontend template with customization options and successful integration with the NMKR API

Milestone 3: Testing and Optimization

• Tasks:Conduct thorough testing of the template for functionality and usability
• Identify and resolve any bugs or issues
• Optimize the template for performance and responsiveness
• Timeline: 4 weeks
• Success Criteria: Template successfully tested, all identified issues resolved, and optimized for smooth performance

Milestone 4: Documentation and Deployment

• Tasks:Create comprehensive documentation and user guides for the NFT launchpad template
• Prepare deployment instructions and best practices
• Timeline: 2 weeks
• Success Criteria: Completion of detailed documentation and user guides

Milestone 5: Community Engagement and Promotion

• Tasks:Organize webinars and workshops to introduce the NFT launchpad template
• Share project updates and progress through social media channels and community forums
• Timeline: Ongoing throughout the project
• Success Criteria: Active engagement from the Cardano community, positive feedback, and growing interest in the NFT launchpad template

Project Management Approach:

• Agile Methodology: We will adopt an agile project management approach, allowing for flexibility and iterative development. Regular sprints will be conducted to focus on specific tasks and deliverables.
• Communication Channels: We will establish clear communication channels, utilizing project management tools, team meetings, and collaboration platforms to ensure effective communication and coordination.
• Stakeholder Engagement: Regular updates and feedback sessions will be conducted with stakeholders, including the Cardano community, to gather input, address concerns, and ensure alignment with expectations.
• Quality Assurance: Quality control measures will be implemented at each stage of development, including code reviews, testing protocols, and usability testing to maintain a high standard of quality for the NFT launchpad template.

By following this milestone-based approach and employing effective project management practices, we will ensure a systematic and efficient implementation of our project, delivering the NFT launchpad template within the proposed timeline and budget.

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

Milestone 1: Project Planning and Design

• Deliverables: Market research report, project requirements document, wireframes, design mockups
• Outputs: Clear understanding of the market landscape, defined project scope, visual representation of the NFT launchpad template
• Intended Outcomes: Well-informed decision-making, alignment of project goals with user needs and expectations
• Measurement: Completion and approval of market research report, project requirements document, and design mockups

Milestone 2: Template Development

• Deliverables: Frontend interface of the NFT launchpad template, customization options, integration with the NMKR API
• Outputs: Fully functional frontend template with NFT sale capabilities, customizable features
• Intended Outcomes: Accessibility for non-technical users to host their NFT launchpads, increased participation in the NFT ecosystem on Cardano
• Measurement: Successful completion of frontend development, integration with the NMKR API, and demonstration of key features

Milestone 3: Testing and Optimization

• Deliverables: Tested and optimized NFT launchpad template, bug and issue reports, performance improvements
• Outputs: Functionally stable and optimized template, enhanced user experience
• Intended Outcomes: Reliable and user-friendly NFT launchpad template, positive user feedback, improved performance
• Measurement: Successful resolution of identified bugs and issues, improved template performance based on testing results

Milestone 4: Documentation and Deployment

• Deliverables: Comprehensive documentation, user guides, deployment instructions
• Outputs: Detailed instructions for template setup, usage, and customization, deployment guidelines
• Intended Outcomes: Easy adoption and implementation of the NFT launchpad template, reduced learning curve for users
• Measurement: Completion of comprehensive documentation and user guides, usability testing feedback

Milestone 5: Community Engagement and Promotion

• Deliverables: Webinar and workshop recordings, social media updates, engagement metrics
• Outputs: Increased awareness and interest in the NFT launchpad template, community engagement
• Intended Outcomes: Active participation and adoption of the template within the Cardano community, positive sentiment and feedback
• Measurement: Number of webinar and workshop attendees, social media engagement metrics (likes, shares, comments), community feedback and interactions

To track the project's progress, we will measure the completion and approval of each milestone's deliverables. Additionally, we will monitor engagement metrics, such as the number of users adopting the template, user feedback and satisfaction surveys, and social media interactions. These measurements will provide insights into the project's impact, user acceptance, and overall success in achieving the intended outcomes.

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

Budget Breakdown:

1.Project Planning and Design:

• Market Research: 500 ADA
• Project Requirements and Scope: 300 ADA
• Wireframes and Design Mockups: 700 ADA

2.Template Development:

• Frontend Interface Development: 8,000 ADA
• Customization Options: 1,500 ADA
• Integration with NMKR API: 2,000 ADA

3.Testing and Optimization:

• Testing: 1,500 ADA
• Bug Fixes and Issue Resolution: 2,000 ADA
• Performance Optimization: 500 ADA

4.Documentation and Deployment:

• Documentation Creation: 1700 ADA
• User Guides: 400 ADA
• Deployment Instructions: 300 ADA

5.Community Engagement and Promotion:

• Webinars and Workshops: 2,000 ADA
• Social Media Updates: 500 ADA
• Community Engagement Metrics: 300 ADA

Additional Budget Elements:

• Publicity / Marketing / Promotion: 1,000 ADA
• Project Management: 1,000 ADA
• Documentation: 500 ADA
• Reporting Back to the Community: 500 ADA

Total Budget: 18,000 ADA

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

The cost of the project represents value for money for the Cardano ecosystem due to the following reasons:

1. Delivering a Solution: The project aims to provide an open-source NFT launchpad template, enabling community members without coding skills to host their own NFT sales. This solution fills a gap in the ecosystem and empowers individuals to participate in the NFT market. The costs associated with the project are justified by the value it brings to Cardano users.
2. Reasonable Budget Allocation: The budget breakdown takes into account the various stages of the project, including planning, development, testing, documentation, and community engagement. The costs are allocated based on estimated effort, resources required, and industry standards. While the costs may seem high, they are reasonable given the complexity of the project and the deliverables expected.
3. Market Comparisons: The costs have been assessed by considering market comparisons, industry standards, and similar projects in the blockchain space. The aim is to ensure that the budget is competitive and reflects the value provided by the project. While specific wage or freelance rate comparisons may vary, the overall budget is structured to deliver a high-quality and comprehensive solution.
4. Impact and Long-Term Value: The project's impact on the Cardano ecosystem and the potential for long-term value justify the costs. By enabling more community members to participate in NFT sales, the project promotes inclusivity and growth within the ecosystem. It also aligns with the broader goals of Cardano, such as fostering innovation and expanding the utility of the platform.

In summary, the cost of the project represents value for money by delivering a much-needed solution, allocating the budget appropriately, considering industry standards, and contributing to the overall growth and value of 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