Typhon Wallet Mobile App

[GENERAL] Name and Surname of Main Applicant

Ashish Prajapati

[GENERAL] Email address of Main Applicant

ashish@strica.io

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?

No

[GENERAL] If YES, please describe what the dependency is and why you believe it is essential for your project’s delivery. If NO, please write “No dependencies.” in this field.

No dependencies

[GENERAL] Will your project outputs be fully Open Source?

No

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

The UI side of the mobile will not be open source but the libraries we will develop will be open source such as this, https://github.com/StricaHQ/typhonjs

[METADATA] Category of Proposal

Wallet

[IMPACT] Please describe your proposed solution.

Our proposed solution is to develop a cutting-edge mobile wallet for Cardano that addresses the limitations of existing options, providing users with a seamless and secure experience. Here are the key features and benefits of our mobile wallet:

• Non-custodial: Users will have complete control over their funds, ensuring maximum security and ownership.
• Hardware wallet support: Integration with Ledger and Trezor for enhanced security.
• Multi-asset transactions: Send and receive not only ADA but also various tokens and NFTs.
• Multi-language support: Accessibility for users worldwide with language preferences.
• Multi-recipient transactions: Effortlessly send funds to multiple recipients in a single transaction.
• Memo support: Attach additional information or notes to transactions.
• Staking to any pool: Flexibility to choose and delegate ADA to any desired stake pool.
• Catalyst Voting: Seamless participation in the governance of the Cardano ecosystem.
• DApp support: Interact with decentralized applications built on Cardano.

We will demonstrate our impact through several kinds of critical measures, such as user adoption rates, user feedback and fulfilment, and increased usage of the mobile wallet for transactions, staking, voting, and connecting with decentralised applications. We will aggressively seek user feedback and engage with the community in order to iterate and enhance the mobile wallet in accordance with their needs and preferences.

This mobile wallet will be available for both Android and iOS, providing a user-friendly interface and leveraging the success and features of Typhon Wallet. By integrating natively into the platforms, we aim to deliver a seamless and intuitive experience to Cardano users. We will utilize open-source libraries from Typhon Wallet and other Cardano projects to ensure efficient development and alignment with the Cardano ecosystem.

What sets our solution is its focus on delivering a comprehensive set of features, including hardware wallet support, multi-asset transactions, d-app compatibility, multi-recipient transactions, and seamless integration with the Cardano ecosystem. Individual users will benefit from this mobile wallet because it provides an all-in-one solution for managing their ADA and communicating with the Cardano network. Additionally, the availability of a sophisticated mobile wallet will add to Cardano's general growth and adoption by drawing new users, developers, and businesses to the ecosystem.

GitHub repositories for reference:

TyphonJs: https://github.com/StricaHQ/typhonjs

BIP32Ed25519: https://github.com/StricaHQ/bip32ed25519

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

The problem of limited options and fragmented experiences in the present Cardano ecosystem is addressed by our proposed solution of a user-friendly mobile wallet. We aim to lower the barrier to entry for users to use decentralised applications (DApps), DeFi marketplaces, and other Cardano-based services by providing an easy and comprehensive mobile wallet.

Our project's impact extends beyond simply funding the project team. It will help the Cardano ecosystem become stronger and more lively by attracting new users, increasing engagement, and expanding Cardano's adoption in other applications. It adds value by offering an effortless and accessible mobile wallet experience, allowing users to participate in the Cardano ecosystem more quickly and effectively.

While it is difficult to quantify the exact impact, we expect our mobile wallet to bring in a significant number of users within a reasonable timeframe. This will lead to increased usage and transactions, driving the growth and adoption of Cardano. Additionally, the integration of our mobile wallet with existing services and protocols will provide users with more viable alternatives, enhancing the overall functionality and usability of the Cardano ecosystem.

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

We propose to assess the project's progress using a number of critical measures and indicators. To begin, we will monitor the amount of mobile wallet app downloads and installations from the iOS App Store and Android Play Store. This will provide insights into the Cardano community's acceptance and reach of our product.

Furthermore, we will actively seek and collect feedback from consumers in order to measure their satisfaction, find areas for development, and acquire qualitative insights on their mobile wallet experience. This qualitative feedback will be useful in refining and improving the user experience, as well as addressing any usability concerns or feature requests.

Our mobile wallet's innovation will greatly contribute to Cardano's productivity and growth in the short and long term. In the short term, it will offer customers an easy and secure platform for managing their ADA and interacting with the ecosystem. This will improve user participation, attract new users to the Cardano ecosystem, and lead to more transactions and interactions.

In the long run, the availability of a feature-rich and user-friendly mobile wallet will encourage wider Cardano adoption by giving newcomers with a seamless entry point. As a result, the Cardano ecosystem will become stronger and more lively, enticing developers, businesses, and investors to construct and contribute to the Cardano blockchain. Finally, our project seeks to have a long-term impact on Cardano's growth and success by empowering users and improving their entire experience within the ecosystem.

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

We have a multifaceted approach to share the project's outputs and results with the Cardano community and beyond. At first, the mobile wallet app will be made available for download on both the Apple App Store and the Google Play Store, allowing consumers global simple access. The number of downloads and user interactions with the app will serve as measurable indicators of our project's impact.

Furthermore, we will actively connect with the Cardano community via various means such as Twitter. To raise awareness and generate enthusiasm about our mobile wallet solution, we will be providing updates, progress reports, and success stories. This will enable us to communicate directly with users, collect feedback, and address concerns or suggestions.

Furthermore, we will actively contribute to the open-source community by sharing project-derived code, libraries, and resources. This will make it easier for other developers to build on our efforts, stimulating innovation and expanding the Cardano ecosystem.

In brief, we intend to maximise the reach and effect of our project through a combination of user-centric interaction, strategic collaborations, and open-source contributions. We hope to create long-term value for the Cardano ecosystem and encourage additional research and development projects by promoting the outputs and results through multiple channels.

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

We have a proven track record of successfully completing projects while maintaining high levels of trust and accountability. Since the beginning of the Shelley period, our team has been actively participating in the Cardano ecosystem, and we have successfully constructed and maintained Cardanoscan, a widely used Cardano explorer.

In addition to Cardanoscan, we created Typhon, a highly recognised and user-friendly wallet that has received widespread acclaim from the Cardano community. This wallet is a direct result of our involvement in the Catalyst programme, which demonstrates our dedication to innovation and providing important community solutions.

We have also worked and delivered the Cardano ADA and native tokens integration within Ledger Live bringing the mass userbase of Ledger to Cardano and providing a safe and secure custodial wallet solution to the community.

Furthermore, we have contributed to the Cardano ecosystem through a number of open-source libraries, which can be found on our GitHub repository (https://github.com/StricaHQ). These libraries represent our commitment to providing developers with dependable tools and resources that conform to high-quality and transparent requirements.

Our experience, knowledge, and positive feedback from the community attest to our ability to deliver projects with a strong emphasis on integrity and responsibility. We intend to uphold these values throughout the course of our implementation.

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

Our main goals for the project are to develop a high-performance and user-friendly mobile wallet for the Cardano community. We aim to achieve the following objectives:

1. Seamless User Experience: Our goal is to create a mobile wallet that provides a smooth and intuitive user experience. We will focus on designing a clean and user-friendly interface, ensuring easy navigation and accessibility to key features.
2. Robust Security: Security is of paramount importance in a mobile wallet. Our objective is to implement robust security measures to safeguard users' funds and personal information. We will integrate industry best practices, encryption protocols, and multi-factor authentication to ensure a secure mobile wallet environment.
3. Feature-rich Functionality: We aim to provide comprehensive functionality in our mobile wallet, including the ability to send and receive ADA, manage multiple accounts, stake to any pool, participate in Catalyst voting, and support assets/NFTs. Our goal is to empower users with a full range of capabilities within the mobile wallet app.

To validate the feasibility of our approach, we will employ a combination of user testing, continuous feedback collection, and iterative development cycles. We will conduct rigorous testing to ensure the stability, performance, and security of the mobile wallet. User feedback will be gathered through surveys, app store reviews, and community engagement to gauge user satisfaction and identify areas for improvement.

Additionally, we will closely monitor adoption metrics, such as the number of downloads, active users, and transaction volumes within a reasonable timeframe. These quantitative measures, along with qualitative feedback, will allow us to assess the success of our project and validate the feasibility of our approach.

Our team's expertise in building the web version of Typhon Wallet, as well as our experience in developing the Cardanoscan explorer, provides us with the necessary technical know-how and confidence to successfully deliver a mobile wallet for the Cardano community.

[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 project will be implemented over a timeline of approximately 6 months, with the following milestones:

Milestone 1: UI/UX Design and Wallet Creation (2 months)

• Develop and refine the user interface and user experience design for the mobile wallet
• Implement wallet creation and import functionality
• Enable users to send and receive ADA securely

Milestone 2: Enhanced Functionalities (2 months)

• Integrate support for sending multiple tokens, including assets and NFTs
• Implement multi-recipient transaction functionality for convenient and efficient transfers

Milestone 3: Additional Features and Improvements (1 month)

• Enable memo support for attaching additional information to transactions
• Implement staking functionality to allow users to stake ADA to any pool of their choice

Milestone 4: Advanced Wallet Capabilities (1 month)

• Introduce multi-account support for managing multiple wallets within the mobile app
• Enable users to participate in Catalyst Voting directly from the mobile wallet

Milestone 5: DApp Integration and Localization (1 month)

• Integrate support for interacting with decentralized applications (DApps) within the mobile wallet
• Add multi-language support to cater to a global user base

Each milestone will build upon the previous one, with continuous testing and refinement throughout the development process. The success of each milestone will be measured by the completion and functioning of the specified tasks and features within the allocated timeline.

The projected cost to achieve each milestone will be allocated towards development resources, design, testing, and quality assurance.

Overall, the project will be managed using an agile project management approach, ensuring close collaboration between the development team, regular progress updates, and responsiveness to user feedback. Continuous testing and quality assurance measures will be implemented to deliver a reliable, user-friendly, and feature-rich mobile wallet for the Cardano ecosystem.

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

Milestone 1: UI/UX Design and Wallet Creation

• Deliverable: User interface design, wallet creation and import functionality
• Outcome: Users can create, import, and securely manage their wallets

Milestone 2: Enhanced Functionality

• Deliverable: Support for sending multiple tokens, including assets and NFTs, multi-recipient transaction functionality
• Outcome: Users can easily send and manage multiple types of tokens within the wallet

Milestone 3: Additional Features and Improvements

• Deliverable: Memo support for attaching additional information to transactions, staking functionality
• Outcome: Enhanced functionality for users to add memos and stake ADA to any pool

Milestone 4: Advanced Wallet Capabilities

• Deliverable: Multi-account support, Catalyst Voting integration
• Outcome: Users can manage multiple wallets and directly participate in Catalyst Voting

Milestone 5: DApp Integration and Localization

• Deliverable: CIP 30 support, multi-language support
• Outcome: Seamless interaction with DApps and improved accessibility for global users

To track project progress, we will measure the successful completion of each milestone's deliverables. This can be done through milestone demonstrations, user testing, and verification by the Catalyst team. Additionally, user feedback and adoption metrics will be collected to evaluate the usability and impact of the mobile wallet.

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

• 2 Mobile Developers: 2 x 170,000 ADA = 340,000 ADA
• 1 Cardano Engineer: 1 x 195,000 ADA = 195,000 ADA
• 1 QA Engineer: 1 x 65,000 ADA = 65,000 ADA

Total Development Cost: 600,000 ADA

The total funding request for the project is 600,000 ADA. The project team will be responsible for managing the allocated funds effectively and transparently.

[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 for several reasons:

1. Essential Need: A mobile wallet is a critical component for the Cardano community and its growth. It provides users with a convenient and accessible way to manage their assets and participate in the ecosystem. By delivering a high-quality mobile wallet, the project addresses a fundamental need within the Cardano ecosystem.
2. Experienced Team: The project team consists of experienced developers and Cardano enthusiasts who have a proven track record in developing successful projects, such as Typhon Wallet and Cardanoscan.io. Their expertise and knowledge in mobile development and Cardano integration ensure the delivery of a reliable and user-friendly mobile wallet.
3. Realistic Costs: The costs of the project have been determined based on the effort and expertise required. The project team has taken into account industry standards and considered the fees required to compensate the developers accordingly. This ensures that the project budget is aligned with the value it brings to the Cardano ecosystem.

By providing a mobile wallet solution, the project enables more people to interact with the Cardano blockchain, promoting adoption and growth. The investment in the project's development is an asset to the Cardano ecosystem because it improves user experience and increases access to Cardano's features and services.

[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