Build on Maestro - Grants to sponsor projects building exciting products on Maestro’s dApp platform

[GENERAL] Name and surname of main applicant

Maestro Team

[GENERAL] Email address of main applicant

info@gomaestro.org

Additional applicants

none

[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.” .

No dependencies

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

No

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

Sponsored projects will be strongly encouraged to take an open source approach to what they build. Depending on applications, some not fully open source projects may be approved.

[METADATA] Category of proposal

Incubation

[IMPACT] Please describe your proposed solution.

The ‘Build on Maestro’ grants program will foster a better experience for developers and project owners by incentivizing them to use a suite of tools that yield an enhanced performance and user experience for their end-users.

The support and mentorship by the Maestro team will establish long-term relationships and partnerships between projects, sharing know-how and fast-tracking applicants use cases to market.

The accrued experience of building the awarded applicant’s projects will be shared with the broader community and feed back to both advise other projects and help Maestro improve where improval opportunities are identified.

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

The current proposal falls under the challenge setting directive of “Incentivization structures”, “Collaboration structures” and also can also be seen as relating strongly to “Hackathons”, “Deployment, testing, and monitoring frameworks” and “API's and Oracles”.

Better than a Hackathon, we propose to support the creation of projects that would achieve a longer time frame in generating value and utility for the ecosystem.

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

The success of this proposal will be measurable by the technical/UX quality and utility of the projects selected to receive grants. Maestro will ensure the development approach is documented, share these materials, and query the users community directly about user acceptance and overall feedback.

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

Projects will commit as much of their code as possible to github and write a project close-out report that we will publish and include in the proposal's close-out report. Projects are encouraged to document their learnings along the development stage.

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

Maestro is an established member of the ecosystem having delivered a suite of diverse solutions to projects on Cardano. Our team has a diverse skill set that may contribute and collaborate to the applicants success on different levels (technical, product, community).

When evaluating applicants’ proposals, Maestro will make an effort to assess and guarantee each applicant’s capability and their proposal’s feasibility.

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

• Stimulate creativity and entrepreneurship in the community - This will be achieved in the promotion and application stage
• Foment collaboration between projects - Maestro will collaborate with awarded applicants and bring onboard or relate to other entities that come to relate to the project (e.g. Library authors we need to consult or relate with)
• Explore and share knowledge on different architectures and technologies (eg. SDKs and libraries) that may be used to build on Cardano - The process of building solutions will imply this exploration and after projects conclude we trust the community will actively participate in providing feedback from using the resulting products
• Deliver working solutions that add value to the ecosystem - The capacity and flexibility of Maestro, plus ensuring the capacity of selected applicants, plus validating demand for a project’s use case.

[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.

The ‘Build on Maestro’ grants program would have three main stages and activities:

Stage 1: Promotion and Community submission of project proposals

• For 1 month, Maestro will promote the grants program across the Cardano community and to the broader blockchain community where relevant
• Submissions must related to: dev tools, project integrations, dApps, aggregators, oracles, or bridges
• Submission must leverage the Maestro platform and contribute to ecosystem growth and flourishing
• Applicants must provide a of milestones and activities 

Stage 2: Projects are evaluated and 3 projects are selected to receive sponsorship from Maestro

• Selection process will be transparent and documented for the community to verify
• This stage may take one to two weeks to be consumed from the next stage timeline

Stage 3: Maestro & sponsored projects work together to deliver on objectives

• Sponsorship will be over a 6-8 months period based on the complexity of the project
• Both sponsored projects and Maestro are responsible for the execution of project milestones
• Sponsorship payments will be proportional to progress, based on milestones, similar to Catalyst
• Past the sponsorship period, Maestro commits to continue to support projects via its platform suite of tools and services

Stage 4: Close-out and knowledge sharing

• When the projects are sufficiently mature, applicants will produce a close-out report, with a format internal to the ‘Build on Maestro’ grants program, but to be shared publicly
• A community session will be held where participants will present and demo their projects, and discuss the development process to share knowledge with the community
• Projects will be asked to record a 2 minute debrief of their project to be included in this proposal’s close-out report
• This stage may take two to three weeks to be consumed from the previous stage timeline

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

Stage 1: An array of diverse project proposals aiming to satisfy new use cases on Cardano

Stage 3: Launch 3 running solutions for use of the Cardano community

Stage 4: Documentation sharing insight about the Development experience on Cardano using Maestro plus any other tools (SDKs, Libraries and similar) that the project used.

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

Grants for awarded applicants

$15 000* x 3 projects = $45 000

*This value may be rebalanced between awarded proposals based on their complexity and weight in the overall grants program.

Maestro advisory and support

$50/hr x 1hr/week/project x 30 weeks x 3 projects = $4 500

Maestro promotion, proposal assessments, debriefs

$50/hr x 40hrs = $2 000

TOTAL ($) = $51 500

TOTAL ($0.3/ADA) = 171 666 ADA

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

The ‘Grants for awarded applicants’ portion of this proposal will be entirely employed to sponsor and support the winning projects. This incentivization will stimulate creativity and entrepreneurship in the community and potentially enable the realization of valuable projects that will benefit the Cardano ecosystem with their full value once live. Three new solutions with superior User Experience and robustness will be added to the Cardano Ecosystem.

Furthermore, the value of this proposal is one of fomenting collaboration between projects, promoting exploration and knowledge sharing on different architectures and technologies.

The services budget is according to or below standard rates for these professional services in Europe or the USA.

[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