Last updated a week ago
The absence of an IP certification platform for NFTs on Cardano poses a barrier for major IP holders and developers seeking to enter the Cardano NFT space.
Create a platform for major Japanese IP holders to participate in Cardano by making the IP authentication platform on Ethereum (JPNFT), used by major IP holders such as Ghibli, integrate into Cardano.
This is the total amount allocated to Onboard Japanese Big IP holders onto Cardano space and Build an IP Certification system on the Cardano blockchain. 4 out of 6 milestones are completed.
1/6
Technical Research and Prepare for Marketing
Cost: ₳ 52,500
Delivery: Month 2 - Dec 2023
2/6
Backend & Blockchain Development
Cost: ₳ 83,929
Delivery: Month 4 - Feb 2024
3/6
Backend & Blockchain Testing and Bug Fix Total /Sales
Cost: ₳ 45,000
Delivery: Month 5 - Mar 2024
4/6
UI/UX Design , Frontend Development and Sales
Cost: ₳ 29,286
Delivery: Month 6 - Apr 2024
5/6
Sales activities
Cost: ₳ 29,125
Delivery: Month 8 - Jun 2024
6/6
Final Milestone
Cost: ₳ 51,450
Delivery: Month 12 - Oct 2024
Chris Dai (Recika)
Yujin Katsuta (Recika)
Jun Zhang (IP Forward)
Liu Yi (Recika)
No dependencies.
Not Open Source, The part that’s unique to JPNFT’s internal operations, for security reasons, will not be Open Source. Other platforms that connect to JPNFT’s verification system will be Open Source.
日本語はこちら:https://docs.google.com/document/d/1Xr_m89IkQpiwyTxkEdcKJzJLlcK7tHAYXEZLMZXNHPw/edit?usp=sharing
Our proposed solution is to Create a platform for major Japanese IP holders to participate in Cardano by making the IP authentication platform on Ethereum.
The problem:
Currently, the NFT market is rife with the unauthorized use of IPs, making Japanese IP owners hesitant to create their own NFT art. Additionally, it is difficult for users to distinguish between legitimate and pirated NFT content. This is because there are currently no effective methods to combat pirated content, even if it is discovered by the IP owner.
The lack of major project participation also contributes to Cardano's lack of NFT visibility, which in turn prevents more developers from getting involved in Cardano.
Our Approach:
To build " jpnft", an authentication platform for IPs currently being serviced on Ethereum and used by many major Japanese IP holders, compatible with Cardano, and to encourage major IP holders to participate in projects in the NFT space of Cardano, thereby revitalizing the Cardano NFT space and motivating developer participation in development on Cardano.
Display of JPNFT certification mark on JPG Store
JPG Store displays the JPNFT certification mark for IPs that have been certified by JPNFT.
This makes it easy to see the certification of IPs that are officially certified in Cardano's largest NFT marketplace.
Officially licensed NFT collections from major Japanese IP owners can provide a gateway for these intellectual property (IP) owners to enter Cardano chain. Specifically, these IP owners can enter Web3 through a Cardano-based NFT marketplace, with jpg.store being at the forefront.
Engagement:
This project aims to migrate the system already developed by jpnft to Cardano in order to enable major Japanese publishers, game companies, and other IP holders, who are IP Forward's main customers, to use the Cardano blockchain.
○What is jpnft
○About IP Forward (https://www.ip-fw.com/):
○About Recika (https://recika.jp/):
Recika is a web3 company in Japan and provide blockchain development consulting for business use such as live-streaming/content sales service"Livesola" and Whisky cask ownership management/transaction service "UniCask".
Uniqueness:
Marketplaces that agree to bear the jpnft certification mark may work with jpnft to sale their marketplace onboarding to IP holders which has relationship with them.
We will encourage major companies to adopt Cardano's technology by conducting educational sessions on Cardano's NFT advantages and how to gain access to the technology at individual sales and joint exhibiting events.
This gives the major IP holders in Japan and the developers around them a direct opportunity to learn about Cardano and also to become interested in the Cardano technology.
Importance to Cardano:
Obtaining Cardano adoption by a major IP holder will help to make Cardano known to the various people who know about that IP and gain credibility for Cardano.
This would be a major step towards increasing the number of Cardano adoptions.
Our solution is to integrate jpnft, which is used by many major Japanese IP holders, into Cardano to facilitate the onboarding of major IP holders into the Cardano NFT space.
This will fulfill several of the aims of the challenge.
Alignment with Challenge Aims:
・Increasing Cardano Devs:
As is clear from the example of Ethereum, with the development of NFT, many web3 developers were born, and has successfully secured the number of developers to the extent that each project has an individual developer affiliated with it.
In particular, when a large IP-related project enters the market, it is often assumed that the project will eventually develop Dapps, including blockchain games, etc., and that the developer will have the opportunity to work as an individual and belong to a large company. If major IP comes to our ecosystem will lead to a strong desire to gain knowledge of the Cardano blockchain issuing NFTs.
・ Knowledge base & Documentation:
In our sales activities with jpnft, we communicate Cardano's technical, community and other benefits to major IP holders and related developers at various events and business meetings.
As part of this process, we will prepare materials that communicate technical specifications and Cardano's benefits.
・Support structures:
We will create a support structure with both JPG Store and jpnft so that Japanese IP holders whose native language is not English can easily participate in the CNFT ecosystem.
・Collaborative Structures:
jpnft, which has already launched its services on Ethereum, has strong connections with NFT/BCG projects that are also building on Ethereum.
By making these projects cross-chain project onto Cardano, we will promote more widespread use of Cardano.
Impact on Cardano Ecosystem:
・Ecosystem Growth:
The project could bring more users to the Cardano ecosystem, as businesses and consumers recognize the advantages of NFT-based coupons/gift cards. This could translate into an increase in the number of transactions being processed on the Cardano network, contributing to the overall growth and development of the ecosystem.
・Strengthening the Ecosystem:
By providing an innovative and practical use-case for NFTs and blockchain, the project could help strengthen the Cardano ecosystem. It will also increase the versatility of the Cardano blockchain, demonstrating its ability to support a range of applications beyond just financial transactions.
・Solving a Key Problem:
The project will address the common issues associated with traditional gift card programs such as fraud and high cost. By leveraging the security and transparency of blockchain, the project could provide a more secure, cheaper, and efficient solution.
Project Metrics:
• Number of developers actively building on top of Cardano
The entry of a large IP increases Cardano's visibility to the public and IP-related development increases the number of active developers in Cardano.
• A strong community of developers and proposers with thriving project collaboration.
Beyond this proposal, we will work with existing Catalyst projects and others to provide a more efficient and attractive development environment for large IP holders as they develop Cardano.
As an example, we use the Socious platform funded by Catalyst Funt9 (https://socious.io/) to hire freelance Cardano developers.
In this way, we will also seek to collaborate on projects and large IPs that come out of the various Catalysts.
Overall, the proposed solution has the potential to bring significant value to the Cardano ecosystem. Regarding the migration of jpnft to Cardano, although some of the elements are not open source because of security issues, we believe that, as a whole, it will fulfill the goals of this Challenge.
We have identified the quantitative KPI to measure the proposal’s success:
○Number of IPs registered on the Cardano chain
It means that IP holders realize CNFT and CNFT Marketplace and think that it is important to authenticate their IP on Cardano.
jpnft has registered 17 IPs registered on Ethereum already, so it is not difficult to achieve, we think.
○The number of listings from authenticated NFT collections
It means that IP holders mint NFT collections and build projects on Cardano Blockchain.
It is huge for our ecosystem and through it we can promote Cardano ecosystem for people around the world.
○The number of the session for explaining about the benefits of Cardano NFTs to Big IP holders
JPG Store will have a monthly session for spreading CNFTs in Japan with Web3 /Developers community. Also collaborate with jpnft, we make sessions/consultations to onboard their team to our space for individual Big IP holders related to jpnft.
○Mechanisms for IP certification Demo Video / on jpnft HP
The IP certification process will be shared on YouTube (In Japanese and English) for everyone in the community to see.
This will help announce the project's completion to announce the completion of the project, inform IP holders of its contents, and provide materials for onboarding.
○JPG Store's jpnft certification mark for certified IPs
The JPG Store actually grants the jpnft certification mark to projects with certified IP.
It will also be possible to search for projects with the jpnft certification mark.
→This allows everyone to know how many projects have a jpnft mechanism
○Introduction of Cardano's Developer / Plutus Pioneer Program etc., to projects with jpnft marks launched in Cardano
List projects needing Cardano developers/developers interested in learning about Cardano development techniques and share them with the Cardano developer community, the Plutus Pioneer program, etc.
By summarizing the use cases such as BCG and other Dapps building that will be brought by the major jpnft-owned IP holders that this initiative will create, we will use this information for future development, securing developers, and sales.
As for jpnft, it is a service that has already been launched on Ethrerum, with partnerships with large Japanese projects and NFT exchanges as well.
See below to see what IP holders are already using JPNFT.
As we mentioned, jpnft was developed under the auspices of the J-LOD (Subsidy for the Promotion of Contents Overseas Development and Infrastructure Enhancement Project) funded by the Ministry of Economy, Trade and Industry (METI), and is operated by jpnft Inc which was built by two companies"IP Forward” and "Recika" as part of the "Research Project for the Promotion of Authorized Version Content Distribution in the NFT Marketplace," a project commissioned by METI.
Recika, which built the technology for the web3 side of jpnft, has worked with jpnft and other public companies such as UniCask (https://unicask.jp/en/) to create solutions for the social use of NFT.
And also IP Forward, which built the business development side of jpnft has been treating a lot of huge IPs in Japan.
And JPG Store is also the largest NFT marketplace in Cardano, with almost all CNFT projects listing their collections on the JPG Store.
In addition, we have a team of developers who are well-versed well versed in NFT in Cardano and can promote the implementation of JPNFT in Cardano without any difficulty.
The proposer (Yuri Kuriyama) has successfully obtained Catalyst funding for the past three terms, is friends with Cardano's worldwide community members of Cardano's worldwide community, and is a part of the JPG Store.
JPG Store is also strengthening its sales efforts to acquire Japanese content this quarter, and the Japanese marketing head, the originator, has already started onboarding large Japanese Web3 projects to JPG Store and the DigiDen support team.
JPNFT's connections to IP holders are expected to further promote the participation of Japanese IP content in Cardanoto further promote the participation of Japanese IP content in Cardano.
Thus, The team is very committedThe team is thus a very committed team, and the project is a great credit.
1.Integrate jpnft on Cardano to allow official IP track
For jpnft, the authentication mechanism on Ethereum is based on SBT (Soulbound Talken).
Since SBT does not currently exist on Cardano, we will build an alternative authentication mechanism using Policy ID and a wallet authentication mechanism using Policy ID and wallet authentication as an alternative. Projects that have been verified with this authentication will be given the jpnft certification mark on the JPG Store.
2.1 will allow major Japanese IP holders to enter the Cardano NFT and revitalize the CNFT.
Actual target figures
○Number of IPs registered on the Cardano chain
We aim to get over 10 well-known IPs registered on Cardano.
○The number of listings from authenticated NFT collections
We aim to get over three projects regarding theregarding to the bear market of the NFT space.
3. Execute lectures on Cardano, sessions for developers, consulting, etc
Sales activities and, at the same time, inform the major Japanese IP holders and surrounding companies about the appeal of the Cardanocardano blockchain and the CNFT to increase their motivation to develop with Cardano.
This will increase awareness about Cardano among major IP holders and the engineers and technology companies around them and actually increase the number of Developers and developments.
(The goal is to get about 3 actual development projects in a year.)
The participation of major IP holders in CNFT may also expand and have the effect of expanding public awareness of CNFT /Cardano at an accelerated pace.
○Actual target figures
More than 25sessions / 3 actual3actual development projects in 12 months
We have six milestones, including the final milestone, and we plan to complete the entire project within 12 months from the start.
For a summary of the milestones, please visit:
https://docs.google.com/spreadsheets/d/1hio0u5JjfRXDHGr77zc_QWlOvEz97uS26S08pYIP7P4/edit?usp=sharing
Milestone 1
Title: Technical Research and Prepare for Marketing
Outputs
Milestone 1 includes the following key activities:
Acceptance criteria
The market and technical research paper is finalized and published on Google Documents and shared to the Catalyst challenge reviewers.
Evidence of Milestone Completion
Reviewers can access the market and technical research paper to find the following content:
Expected timeline for the delivery
Month 2
Cost
52,500ADA ($ 14,700)
% Completion
18%
Milestone 2
Title: Backend & Blockchain Development
Outputs
Milestone 2 includes the following key activities:
Acceptance criteria
The Catalyst Challenge reviewers can access the explanation Demo video and the source code on GitHub.
Evidence of Milestone Completion
The reviewers can access the explanation Demo video and the source code on GitHub.
Expected timeline for the delivery
Month 4
Cost
83,929 ADA ($23,500)
% Completion
47%
Milestone 3
Title: Backend & Blockchain Testing and Bug Fix Total /Sales
Outputs
Milestone 3 includes the following key activities:
Acceptance criteria
The reviewers can access the explanation Video on Youtube and the source code on GitHub.
The reviewers can access the photos and the list of Sales.
Community Members can access the report of public sessions on Google spread sheet.
Evidence of Milestone Completion
The reviewers can access the explanation Video on Youtube and the source code on GitHub.
The reviewers can access the photos and the list of Sales.
Community Members can access the report of public sessions.
Expected timeline for the delivery
Month 5
Cost
45,000 ADA ($12,600)
% Completion
62%
Milestone 4
Title: UI/UX Design , Frontend Development /Sales
Outputs
Milestone 4 involves the following key activities:
Acceptance criteria
IP holders apply “jpnft” certification system on Cardano from jpnft applying format (https://docs.google.com/forms/d/e/1FAIpQLSdHCk2wceGjtG8DVIBxyfz0a5W70X8gRBZJNxz_WibCgt8k8A/viewform):
Once they are certificated as the right owner of the IP, they can record their certification on Cardano Blockchain.
We will film a walk-through of these functions and publish the video on Youtube so that community members can access.
The reviewers can access the photos and the list of sales.
Community Members can access the report of public sessions on Google Spread-sheet.
Evidence of Milestone completion
The community members can review the Design on Google spread-sheet / And can check the walkthrough Video on Youtube Channel.
The reviewers can access the photos and the list of sales.
Expected timeline for the delivery
Month 6
Cost
29,286 ADA ($7,000)
% Completion
72%
Final Milestone
Title: Final Milestone
Outputs
The final Milestone involves the following key activities:
These steps will produce two deliverables: a close-out report and a close-out video
Acceptance criteria
The following items are publicly available for the community to review.
Evidence of Milestone Completion
Community members can access and review the project close-out report. The project close-out video is published on Youtube for the community to review.
Expected timeline for the delivery
Month 12
Cost
80,536 ADA ($22,550)
% Completion
100%
Milestone 1
Title: Title: Technical Research and Prepare for Marketing
Outputs and Deliverables
Milestone 1 includes the following outputs:
At the end of these outputs, we deliver a technical and market research paper summarizing the findings above
Intended outcomes
The market and technical research paper is finalized, published on Google Docs, and shared with POM reviewers.
How we measure the project’s progress
Project progress information will be reported at the bi-weekly Eastern Town Hall, which the project team attends almost every meeting. Information that does not conflict with confidentiality or product security is also shared with the community at Town Hall.
Milestone 2
Title: Backend & Blockchain Development
Outputs and deliverables
Milestone 2 includes the following key activities:
Outputs and deliverables
Milestone 2 includes the following key activities:
Intended outcomes
The POM reviewers can access the explanation Demo video and the source code on GitHub.
How we measure the project’s progress
Project progress information will be reported at the bi-weekly Eastern Town Hall, which the project team attends almost every meeting. Information that does not conflict with confidentiality or product security is also shared with the community at Town Hall.
Milestone 3
Title: Backend & Blockchain Testing and Bug Fix Total /Sales
Outputs and deliverables
Milestone 3 includes the following key activities:
Intended outcomes
How we measure the project’s progress
Project progress information will be reported at the bi-weekly Eastern Town Hall, which the project team attends almost every meeting. Information that does not conflict with confidentiality or product security is also shared with the community at Town Hall.
Milestone 4
Title: UI/UX Design , Frontend Development /Sales
Outputs and deliverables
Milestone 4 involves the following key activities:
Intended outcomes
IP holders apply “jpnft” certification system on Cardano from jpnft applying format (https://docs.google.com/forms/d/e/1FAIpQLSdHCk2wceGjtG8DVIBxyfz0a5W70X8gRBZJNxz_WibCgt8k8A/viewform):
Once they are certificated the right owner of the IP, they can record their certification on Cardano Blockchain.
We will film a walk-through of these functions and publish the video on Youtube so that community members can access.
The POM reviewers can access the photos and the list of sales.
Community Members can access the report of public sessions on Google spread sheet.
How we measure the project’s progress
Community members can access the walk-through Video on YouTube.
Project progress information will be reported at the bi-weekly Eastern Town Hall, which the project team attends almost every meeting. Information that does not conflict with confidentiality or product security is also shared with the community at Town Hall.
Final Milestone
Title:Final Milestone
Outputs and deliverables
Final Milestone involves the following key activities:
How we measure the project’s progress
The following items are publicly available for the community to review.
How we measure the project’s progress
Project progress information will be reported at the bi-weekly Eastern Town Hall, which the project team attends almost every meeting. Information that does not conflict with confidentiality or product security is also shared with the community at Town Hall.
Community members can access and review the project close-out report. The project close-out video is published on Youtube for the community to review.
Please find below a detailed breakdown of our budget, including the number of people and hours allocated to each task. We have calculated the cost at $40 per person per hour. The base conversion rate for USD-ADA is 0.28.*
Executive summary:
Total Cost: 291,290 ADA ($80,350)
Milestone 1: 52,500 ADA ($14,700)
Milestone 2: 83,929 ADA ($23,500)
Milestone 3: 45,000 ADA ($12,600)
Milestone 4: 29,286 ADA ($7,000)
Milestone 5: 80,536 ADA ($22,550)
Final Milestone: 51,143 ADA ($14,320)
Please find the details of the breakdown here:
https://docs.google.com/spreadsheets/d/1hio0u5JjfRXDHGr77zc_QWlOvEz97uS26S08pYIP7P4/edit?usp=sharing
*We've adopted the USD-ADA conversion rate of $0.28 which is the rate at the time of the proposal submission deadline.
The proposed project holds immense potential to further the Cardano ecosystem, and while there are significant costs involved, they are justified in their allocation and as such, represent excellent value for money.
To start, the impact of our jpnft and JPG Store initiatives are already apparent. The major three publishers (Shogakukan, Shueisha, Kodansha) in Japan, to protect their contents IP, contract with IP Forward, the company that created jpnft. In addition to that, JPG Store has almost 100% of Cardano's NFT market share and more than 60,000 followers. For Japanese companies wishing to promote their content abroad, JPG Store is a marketplace well worth choosing. The collaboration between the two companies will allow for the onboarding of Major IPs into Cardano's ecosystem to help expand the user base and, consequently, the value of the Cardano network, providing a high return on investment.
Addressing the labor costs, we have optimized our budget based on industry standards and geographical considerations. According to ZipRecruiter data, the average salaries for product designers, developers, and product managers are $72, $68, and $65 per hour, respectively. However, we have managed to budget the hourly salaries at a more cost-effective rate of $50, using our inner developers and also collaborating with Socious technology.
For a comprehensive breakdown of the project costs, please refer to the following document:
https://docs.google.com/spreadsheets/d/1hio0u5JjfRXDHGr77zc_QWlOvEz97uS26S08pYIP7P4/edit?usp=sharing
In conclusion, the amount of money spent on this project is an efficient investment to expand the Cardano ecosystem to its fullest extent and to increase the number of Developers.
NB: Monthly reporting was deprecated from January 2024 and replaced fully by the Milestones Program framework. Learn more here
○Yuri Kuriyama(JPG Store)- Project Management / Business Development / Budgetary control
https://www.linkedin.com/in/yuri-hayashi-2a974b212/
○Chris Dai (jpnft, CEO of Recika)- Lead Business Development, Project management
https://jpnft.io/companyProfile
○Yi Liu (jpnft, Recika) - Lead Developer
○ Lawrence Ley (Freelance Cardano Developer, Context Solutions Inc.)- Cardano Integration/ Development
https://www.linkedin.com/in/lawrenceley/
Contracts using Socious(https://socious.io/) technology
○Yujin Katsuta (Recika) - Business Development
○Jun Zhang (IP Forward)- Business Development