The decline in sea turtle populations and the lack of sustainable funding for conservation efforts, while also establishing a marketplace for the use of $Tortol

[GENERAL] Name and surname of main applicant

Panic

[GENERAL] Email address of main applicant

TortolCoin@gmail.com

Additional applicants

N/A

[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?

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.”

Yes, our project has dependencies on other organizations, both technical and otherwise. We will collaborate with environmental organizations specializing in sea turtle conservation to ensure proper allocation of funds. Additionally, we will partner with product manufacturers and retailers to establish acceptance of $Tortol Token as a form of payment for real-life items through our future marketplace. Furthermore, technical dependencies include leveraging the Cardano blockchain and adhering to Cardano's standards and best practices for token creation and ecosystem development.

[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

Other

[METADATA] SDG rating

The $Tortol Token project aligns with several Sustainable Development Goals (SDGs) established by the United Nations. Here is a rating of the project's alignment with relevant SDGs:

1. SDG 14: Life Below Water - High Alignment
2. The project directly contributes to the conservation of sea turtles and their habitats, which aligns with SDG 14's objective of protecting marine life and preserving underwater ecosystems.
3. SDG 15: Life on Land - High Alignment
4. The $Tortol Token project focuses on the preservation of sea turtles, which are a vital part of terrestrial and marine ecosystems. This aligns with SDG 15's goal of protecting and restoring biodiversity on land and in water.
5. SDG 12: Responsible Consumption and Production - Medium Alignment
6. By establishing a marketplace where $Tortol Token can be used to obtain real-life items such as shampoo and soap, the project promotes responsible consumption and sustainable production practices. However, further efforts may be needed to ensure a wider range of sustainable and eco-friendly products in the marketplace.
7. SDG 17: Partnerships for the Goals - High Alignment
8. The $Tortol Token project emphasizes collaborations with environmental organizations, product manufacturers, and retailers. This aligns with SDG 17's focus on strengthening partnerships to achieve sustainable development goals.

It's important to note that while the $Tortol Token project primarily focuses on sea turtle conservation, it indirectly contributes to other SDGs as well, such as poverty eradication, community engagement, and sustainable economic growth.

Overall, the project demonstrates a strong alignment with key SDGs related to marine life, biodiversity, responsible consumption, and partnerships for sustainable development.

[IMPACT] Please describe your proposed solution.

Our proposed solution is to create the $Tortol Token on the Cardano blockchain, serving as a native cryptocurrency that will generate future revenue to support the conservation of sea turtles in real life. The $Tortol Token will not only be utilized within the digital ecosystem but will also have real-world utility, allowing users to obtain items such as shampoo, soap, and other relevant products.

By leveraging the Cardano ecosystem, we aim to establish a sustainable funding mechanism for sea turtle conservation. The $Tortol Token will enable individuals to actively contribute to the preservation of sea turtles while enjoying the benefits and value of the token. Additionally, we will establish the Turtle Marketplace, a platform where users can transact using $Tortol Token to acquire turtle-related products and services as well as donate to their viable Turtle Charities.

Through our project, we aim to make a tangible impact on the conservation of sea turtles. A % of the revenue generated from the use of $Tortol Token will be channeled towards initiatives focused on protecting sea turtle habitats, supporting rescue and rehabilitation efforts, and promoting awareness and education. By creating a direct link between the digital ecosystem and real-life conservation efforts, we aim to engage and inspire individuals to actively participate in saving sea turtles.

Our solution also extends to community engagement and awareness. We will conduct targeted awareness campaigns to educate the Cardano community and the general public about the importance of sea turtle conservation. By fostering partnerships with environmental organizations and collaborating with existing Cardano projects, we aim to maximize our impact and create a synergistic approach towards sea turtle preservation.

In summary, our proposed solution encompasses the creation of the $Tortol Token, establishment of the Turtle Marketplace, and allocation of funds generated from token usage to support sea turtle conservation initiatives. By combining the power of blockchain technology, real-world utility, and community engagement, we aim to make a lasting and positive impact on the preservation of sea turtles and future markets

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

Our proposed solution addresses the challenge of declining sea turtle populations and the lack of sustainable funding for conservation efforts. By creating the $Tortol Token and leveraging the Cardano ecosystem, we provide a direct and effective way for individuals to contribute to the preservation of sea turtles.

The benefits our solution brings to the Cardano ecosystem are significant. Firstly, it enhances the utility and value of the Cardano blockchain by introducing a native cryptocurrency, $Tortol Token, that serves a dual purpose. It not only enables digital transactions but also facilitates real-world purchases of items like shampoo, soap, and other products. This expands the use cases and adoption of Cardano, attracting more users and driving economic activity within the ecosystem.

Secondly, our solution promotes environmental sustainability and social responsibility within the Cardano community. By actively participating in the $Tortol Token project, community members can contribute to the conservation of sea turtles, a globally recognized cause. This fosters a sense of purpose and engagement among Cardano users, building a community that is not only focused on financial gains but also dedicated to making a positive impact on the planet.

Furthermore, our solution strengthens partnerships within the Cardano ecosystem. By collaborating with environmental organizations and existing Cardano projects, we create synergies and opportunities for collaboration, amplifying the impact of both the $Tortol Token project and other initiatives. This promotes a collaborative and interconnected ecosystem, where different projects and organizations work together towards shared goals.

Overall, our proposed solution brings multiple benefits to the Cardano ecosystem. It expands the utility of the blockchain, engages the community in meaningful conservation efforts, and fosters collaboration and partnerships. By addressing the challenge of sea turtle conservation and providing a sustainable funding mechanism, we contribute to the betterment of the Cardano ecosystem and demonstrate the power of blockchain technology in driving positive change.

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

We intend to measure the success of our project through various key performance indicators (KPIs) that reflect the impact and progress achieved. Here are some metrics we will use to assess the success of the $Tortol Token project:

1. Number of Sea Turtles Saved: We will track and measure the number of sea turtles directly impacted by the conservation efforts supported by the $Tortol Token project. This will serve as a tangible measure of our impact on the target species.
2. Habitats Protected: We will monitor the area and quality of sea turtle habitats that are safeguarded as a result of the project's initiatives. This metric will demonstrate our commitment to preserving critical ecosystems for sea turtles.
3. Community Engagement: We will assess the level of community involvement and engagement in the $Tortol Token project. This includes measuring the number of active token holders, participants in awareness campaigns, and community contributions to sea turtle conservation efforts.
4. Real-World Adoption: We will track the adoption and usage of $Tortol Token for real-world purchases, specifically focusing on the Turtle Marketplace. The number of transactions and the volume of goods and services exchanged will provide insights into the token's utility and acceptance.
5. Funds Allocated: We will transparently report on the allocation and utilization of funds generated from $Tortol Token usage. This includes detailing the percentage of revenue allocated to sea turtle conservation initiatives, partnerships established, and the impact achieved with the allocated funds.
6. Monthly Progress Reports: We will share monthly progress reports with the Cardano community, providing evidence of achievements, milestones reached, and outcomes. These reports will serve as a means to showcase the project's progress and maintain transparency with the community.

By regularly monitoring these KPIs and evaluating the progress made against our milestones, we will be able to measure the success of our project in terms of its impact on sea turtle conservation, community engagement, real-world adoption, and effective utilization of funds.

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

We are committed to sharing the outputs and results of the $Tortol Token project with the Cardano community and beyond. Here are our plans to ensure transparency and engage stakeholders:

1. Monthly Progress Reports: We will prepare and publish detailed monthly progress reports that highlight the achievements, milestones reached, and outcomes of the project. These reports will provide a comprehensive overview of the project's progress and impact, ensuring transparency and accountability.
2. Public Communication Channels: We will utilize various communication channels, including our project website, social media platforms, and official Cardano channels, to share regular updates on the project's activities, partnerships, and initiatives. This will allow the wider community to stay informed and actively engage with the project.
3. Community Engagement Events: We will organize community engagement events, such as webinars, AMA (Ask Me Anything) sessions, and online forums, where community members can directly interact with the project team, ask questions, and provide feedback. These events will foster a sense of inclusivity and collaboration.
4. Publication of Impact Reports: We will publish impact reports periodically to showcase the tangible outcomes and impact achieved through the $Tortol Token project. These reports will highlight the number of sea turtles saved, habitats protected, and the overall positive contribution to sea turtle conservation.
5. Partnerships and Collaboration: We will actively seek partnerships with relevant organizations, such as environmental NGOs, conservation groups, and Cardano projects, to maximize the reach and impact of our initiatives. Through these collaborations, we will jointly share progress, outcomes, and lessons learned, amplifying the dissemination of project outputs.
6. Engagement with Cardano Ecosystem: We will actively participate in the Cardano community, attending conferences, meetups, and events, to present our project and engage with stakeholders. This will provide opportunities to network, collaborate, and share our progress with a wider audience.

By implementing these plans, we aim to ensure that the outputs and results of the $Tortol Token project are widely shared and accessible to the Cardano community, the broader public, and relevant stakeholders. We believe in the importance of transparency, collaboration, and knowledge sharing, and we are committed to actively engaging with the community throughout the project's duration.

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

We prioritize trust and accountability in delivering the $Tortol Token project. Here are the key factors that contribute to our capability in this regard:

1. Experience and Expertise: Our team consists of experienced professionals with a deep understanding of blockchain technology, conservation initiatives, and project management. We have the necessary expertise to execute and oversee the project effectively, ensuring high levels of trust and accountability in every aspect.
2. Transparent Governance: We will establish a transparent governance structure for the $Tortol Token project, outlining roles, responsibilities, and decision-making processes. This structure will ensure accountability and provide a clear framework for project management, resource allocation, and reporting.
3. Compliance with Best Practices: We are committed to adhering to industry best practices, including those defined by Cardano and relevant regulatory frameworks. This includes following standards for token creation, financial transparency, and reporting. By aligning with established practices, we maintain a high level of trust and accountability throughout the project.
4. Regular Reporting and Updates: As mentioned earlier, we will provide monthly progress reports and updates to the community. These reports will detail our activities, milestones achieved, and outcomes, fostering transparency and accountability. Any deviations from the proposed project plan will be communicated promptly, along with the rationale behind the changes.
5. Auditing and Verification: We will ensure independent auditing and verification of our financial transactions and allocation of funds to maintain transparency and accountability. External auditors or reputable third-party organizations may be engaged to review our financial practices and ensure compliance.
6. Community Engagement: We value the input and feedback of the Cardano community. By actively engaging with the community through events, forums, and open channels of communication, we invite scrutiny and encourage the community to hold us accountable. This engagement allows for transparency and builds trust among stakeholders.
7. Partner Collaboration: Collaboration with environmental organizations, Cardano projects, and other stakeholders will also contribute to our accountability. These partnerships will involve regular communication, joint decision-making, and shared responsibility for achieving project objectives.

By incorporating these measures, we establish a robust system of trust and accountability. We are committed to delivering the $Tortol Token project with the utmost transparency, ensuring that stakeholders can have confidence in our actions and outcomes.

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

The main goals for the $Tortol Token project are:

1. Establish the $Tortol Token: Our primary goal is to create and launch the $Tortol Token on the Cardano blockchain. This involves developing the token's smart contract, defining its utility and features, and ensuring its interoperability within the Cardano ecosystem. Validation of this goal's feasibility will involve technical assessments, code audits, and testing to ensure the token's functionality and compatibility with Cardano's infrastructure.
2. Build the Turtle Marketplace: We aim to develop and launch the Turtle Marketplace, a platform where users can utilize $Tortol Token to purchase real-world items such as shampoo, soap, and other relevant products. The feasibility of this goal will be validated through the development and testing of the marketplace's infrastructure, integration of payment systems, and partnership agreements with product manufacturers and retailers.
3. Generate Revenue for Sea Turtle Conservation: The project's core objective is to generate future revenue through the use of $Tortol Token, which will be allocated towards sea turtle conservation initiatives. Feasibility will be validated by tracking and analyzing the revenue generated from token usage, ensuring proper accounting and reporting processes are in place, and demonstrating the effective utilization of funds for conservation efforts.

To validate the feasibility of our approach, we will undertake the following steps:

1. Feasibility Studies: We will conduct comprehensive feasibility studies to assess the technical, operational, and financial viability of the project. These studies will involve market analysis, economic assessments, and risk evaluations to ensure that our approach is realistic and achievable.
2. Prototyping and Testing: We will develop prototypes of the $Tortol Token and the Turtle Marketplace to validate their functionalities and user experience. Through rigorous testing and user feedback, we will iterate and refine our approach, ensuring that it meets the needs of users and demonstrates feasibility in practical implementation.
3. Financial Modeling: We will create detailed financial models and projections to assess the revenue potential and sustainability of the project. These models will consider factors such as transaction volume, token adoption rates, and revenue allocation to validate the financial feasibility of our approach.
4. Stakeholder Engagement: We will engage with stakeholders, including the Cardano community, environmental organizations, and potential marketplace users, to gather feedback and validate the desirability and viability of our approach. Incorporating diverse perspectives and addressing any concerns raised will help ensure the feasibility and acceptance of our project.

By undertaking these steps, conducting thorough assessments, and incorporating stakeholder feedback, we will validate the feasibility of our approach and ensure that our goals for the $Tortol Token project are achievable within 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: $Tortol Token Launch and Infrastructure Development

• Task 1: Smart Contract Development and Audit
• Develop the $Tortol Token smart contract on the Cardano blockchain.
• Engage third-party auditors to review and validate the smart contract code.
• Expected Timeline: 2 months
• Task 2: Token Minting and Distribution
• Mint the initial supply of $Tortol Tokens according to the tokenomics plan.
• Distribute tokens to early investors, project team members, and strategic partners.
• Expected Timeline: 1 month
• Task 3: Wallet Integration and Token Compatibility
• Collaborate with wallet providers to ensure seamless integration and support for $Tortol Token.
• Verify token compatibility across multiple wallets and platforms.
• Expected Timeline: 1 month
• Task 4: Regulatory Compliance and Legal Framework
• Conduct a comprehensive review of regulatory requirements and legal considerations.
• Ensure compliance with relevant regulations and establish necessary legal frameworks.
• Expected Timeline: 1 month

Milestone 2: Turtle Marketplace Development and Launch

• Task 1: Marketplace Design and User Interface Development
• Design the user interface and overall layout of the Turtle Marketplace.
• Develop intuitive and user-friendly navigation for a seamless shopping experience.
• Expected Timeline: 2 months
• Task 2: Product Sourcing and Partner Onboarding
• Identify and onboard product manufacturers and retailers for the Turtle Marketplace.
• Establish partnerships and negotiate agreements for the availability of real-world items.
• Expected Timeline: 2 months
• Task 3: Integration of Payment Systems
• Integrate payment gateways and systems to enable $Tortol Token transactions.
• Ensure secure and efficient payment processing within the marketplace.
• Expected Timeline: 1 month
• Task 4: Quality Assurance and Testing
• Conduct extensive testing to ensure the functionality and usability of the marketplace.
• Identify and resolve any bugs, glitches, or performance issues.
• Expected Timeline: 1 month

Milestone 3: Revenue Generation and Sea Turtle Conservation

• Task 1: Token Adoption and User Engagement
• Implement marketing and awareness campaigns to drive token adoption and usage.
• Foster community engagement and incentivize users to participate in conservation efforts.
• Expected Timeline: Ongoing throughout the project
• Task 2: Revenue Tracking and Allocation
• Implement robust tracking mechanisms to monitor the revenue generated from token usage.
• Allocate a percentage of revenue towards sea turtle conservation initiatives.
• Expected Timeline: Ongoing throughout the project
• Task 3: Partnerships and Collaboration
• Collaborate with environmental organizations and conservation groups to maximize the impact of the project.
• Establish partnerships to leverage expertise, resources, and networks in the conservation space.
• Expected Timeline: Ongoing throughout the project

The expected timeline for the delivery of these milestones and tasks is as follows:

• Milestone 1: 5 months from project initiation
• Milestone 2: 6 months from project initiation
• Milestone 3: Ongoing throughout the project, with revenue generation and conservation efforts continuing beyond the initial completion timeline.

It's important to note that the timeline provided is an estimate and may be subject to adjustments based on unforeseen circumstances, technical challenges, and community feedback. We remain committed to delivering the project within a reasonable timeframe while ensuring the quality, feasibility, and impact of each milestone.

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

Milestone 1: $Tortol Token Launch and Infrastructure Development

Deliverables:

1. Smart Contract: A fully developed and audited smart contract for the $Tortol Token on the Cardano blockchain.
2. Minted Tokens: The initial supply of $Tortol Tokens minted and ready for distribution.
3. Wallet Integration: Integration of $Tortol Token with various Cardano wallets, ensuring compatibility and accessibility for users.
4. Regulatory Compliance: Compliance framework and legal considerations addressed to ensure adherence to relevant regulations.

Outputs:

1. Deployed Smart Contract: The $Tortol Token smart contract deployed and functional on the Cardano blockchain.
2. Token Distribution: Initial distribution of $Tortol Tokens to early investors, team members, and strategic partners.
3. Wallet Support: Availability of $Tortol Token on multiple Cardano wallets, enabling users to securely hold and transact with the token.
4. Legal Framework: Established legal framework and compliance protocols to ensure regulatory adherence.

Intended Outcomes:

1. Token Availability: $Tortol Token is accessible to users within the Cardano ecosystem, enabling participation in the project's initiatives.
2. Initial Token Adoption: Early adoption of $Tortol Token by investors and strategic partners, contributing to liquidity and token value.
3. Technical Readiness: Infrastructure and technical components necessary for subsequent milestones and the project's overall success are in place.
4. Regulatory Compliance: Assurance of compliance with applicable regulations, fostering trust and legitimacy for the project.

Milestone 2: Turtle Marketplace Development and Launch

Deliverables:

1. Marketplace Design: Well-designed user interface and layout for the Turtle Marketplace.
2. Partner Onboarding: Establish partnerships with product manufacturers and retailers for the availability of real-world items in the marketplace.
3. Payment Integration: Integration of payment systems to facilitate seamless and secure transactions using $Tortol Token.
4. Quality Assurance: Rigorous testing and bug fixing to ensure the functionality and user experience of the marketplace.

Outputs:

1. Turtle Marketplace: A fully developed and functional online marketplace where users can use $Tortol Token to purchase real-world items.
2. Partnered Products: Availability of a diverse range of products sourced from partner manufacturers and retailers.
3. Smooth Payment Process: Integration of payment systems, allowing users to transact seamlessly using $Tortol Token.
4. Bug-Free Marketplace: Thorough testing and resolution of any technical issues or bugs to ensure a smooth user experience.

Intended Outcomes:

1. Token Utility: $Tortol Token becomes a practical currency for users to obtain real-world items through the Turtle Marketplace, driving token adoption and usage.
2. Ecosystem Expansion: Partnership with manufacturers and retailers expands the Cardano ecosystem by offering a variety of products for token holders.
3. Positive User Experience: A user-friendly and bug-free marketplace that provides a seamless shopping experience, encouraging user engagement and retention.
4. Revenue Generation: The marketplace serves as a revenue-generating platform, contributing to the funding of sea turtle conservation initiatives.

Milestone 3: Revenue Generation and Sea Turtle Conservation

Deliverables:

1. Token Adoption Campaigns: Marketing and awareness campaigns to promote $Tortol Token adoption and usage.
2. Revenue Tracking System: Robust system for tracking and monitoring the revenue generated from token usage.
3. Conservation Partnerships: Collaborative partnerships with environmental organizations and conservation groups.
4. Community Engagement Initiatives: Programs and incentives to engage the community in sea turtle conservation efforts.

Outputs:

1. Token Adoption: Increased adoption of $Tortol Token as a preferred currency for transactions, both within the Turtle Marketplace and beyond.
2. Revenue Generation: Ongoing revenue generated from token usage, contributing to the funding of sea turtle conservation initiatives.

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

Here is a detailed budget breakdown for the proposed work and resources:

1. Development and Technical Resources:

• Smart Contract Development: 12,000
• Smart Contract Audit: 5,000
• Wallet Integration: 5,000
• Regulatory Compliance and Legal Framework: 5,000
• Marketplace Design and Development: 8,000
• Payment Integration: 5,000
• Quality Assurance and Testing: 5,000

1. Marketing and Outreach:

• Token Adoption Campaigns: 7,000
• Community Engagement Initiatives: 6,000

1. Partnerships and Collaboration:

• Conservation Partnerships: 5,000
• Environmental Organization Collaboration: 3,000

1. Operational Expenses:

• Project Management and Administration: 3,000
• Miscellaneous Expenses: 3,000

Total Budget: 72,000

Note: The budget provided is an estimate and may be subject to adjustments based on actual requirements, market rates, and project-specific considerations. It is important to allocate funds based on the needs and priorities of each milestone, ensuring the successful execution of the project within the proposed budget.

[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 in several ways:

1. Tangible Deliverables: The project focuses on the development of the $Tortol Token and the Turtle Marketplace, providing tangible products and infrastructure within the ecosystem. These deliverables create value by offering users a native currency for transactions and a marketplace to obtain real-world items using $Tortol Tokens.
2. Environmental Impact: The project's goal of using future revenue to save sea turtles in real life aligns with sustainability and environmental conservation, which is a valuable contribution to the Cardano ecosystem. By addressing a pressing environmental issue, the project enhances the ecosystem's social and environmental responsibility.
3. Token Utility and Adoption: The successful launch of $Tortol Token and the availability of a functional marketplace create utility for Cardano users. The token can be used to obtain real-world items, further increasing its value and adoption. This fosters engagement within the ecosystem and strengthens the overall value proposition of Cardano as a blockchain platform.
4. Community Engagement: The project's commitment to sharing monthly progress reports, evidence of achievements, and outcomes with the community promotes transparency, trust, and accountability. This level of engagement encourages active participation, community support, and fosters a sense of ownership within the Cardano ecosystem.
5. Economic Growth: The development of the Turtle Marketplace and the generation of revenue from token usage contribute to the economic growth of the Cardano ecosystem. As users transact with $Tortol Tokens, it stimulates economic activity and provides opportunities for businesses to participate and thrive within the ecosystem.

In summary, the cost of the project represents value for money by delivering tangible products, addressing environmental concerns, driving token utility and adoption, promoting community engagement, and fostering economic growth within 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