Wallet Hunter: Leveraging Blockchain Data for Targeted Web3 Growth

[GENERAL] Name and Surname of Main Applicant

Jozef Jagan

[GENERAL] Email address of Main Applicant

jozef@wallethunter.xyz

Additional Applicants

krutika@wallethunter.xyz

[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.” in this field.

Konma Labs, for their expertise in working with Cardano blockchain.

[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 wallet and social specific information would not be open source. The analytics will be open source.

[METADATA] Category of Proposal

Data tools

[IMPACT] Please describe your proposed solution.

Our proposed solution, Wallet Hunter, aims to address the challenge of precise audience targeting in the Web3 environment, which hinders effective user acquisition and engagement. We perceive the problem as a lack of visibility into wallet behavior and the difficulty in connecting wallet addresses to web2 profiles.

To tackle this problem, Wallet Hunter leverages blockchain data to analyze wallet behavior and connects wallet addresses to web2 profiles, enabling precise audience targeting. This approach allows us to identify and understand the target audience's preferences, interests, and behavior, leading to more personalized and effective outreach strategies.

The unique aspect of Wallet Hunter is its ability to bridge the gap between the pseudonymous Web3 environment and the identifiable web2 profiles. By providing insights into wallet behavior, we empower projects on Cardano to make data-driven decisions and tailor their marketing efforts for maximum impact.

The beneficiaries of Wallet Hunter include web3 projects, businesses, and marketers who seek to improve their user acquisition and engagement strategies. By leveraging our solution, they can target and engage with the most relevant audience, leading to higher conversion rates, increased user adoption, and overall growth.

The importance of Wallet Hunter to Cardano lies in its potential to attract and retain quality projects within the ecosystem. By providing a powerful tool for precise audience targeting, we enhance the value proposition of Cardano and demonstrate its ability to support data-driven decision-making and effective marketing strategies. Ultimately, Wallet Hunter contributes to the growth, adoption, and success of Cardano as a leading blockchain platform.

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

Our proposed solution, Wallet Hunter, directly addresses the challenge of precise audience targeting in the Web3 environment, a key issue that hinders effective user acquisition and engagement. By leveraging blockchain data and connecting wallet addresses to web2 profiles, Wallet Hunter enables projects on Cardano to target and engage with the most relevant audience, bringing several benefits to the Cardano ecosystem:

1. Improved User Acquisition: Wallet Hunter's precise audience targeting capability allows projects on Cardano to attract and acquire users who are most likely to be interested in their offerings. This targeted approach increases the efficiency of user acquisition efforts, resulting in a higher number of quality users joining the Cardano ecosystem.
2. Enhanced User Engagement: By understanding wallet behavior and preferences, projects can personalize their engagement strategies, leading to higher user engagement rates. This fosters a stronger sense of community and participation within the Cardano ecosystem.
3. Increased Adoption of Cardano: Wallet Hunter's value proposition attracts projects and businesses to build on Cardano, knowing that they can effectively reach and engage their target audience. This increased adoption strengthens the Cardano ecosystem by expanding the range of applications and services available, attracting more users and developers to the platform.
4. Data-Driven Decision Making: Wallet Hunter provides valuable insights into wallet behavior, enabling projects to make data-driven decisions regarding their marketing strategies, product development, and community engagement efforts. This enhances the overall effectiveness and success of projects within the Cardano ecosystem.
5. Growing the Web3 Community: By enabling more precise audience targeting and facilitating effective user acquisition and engagement, Wallet Hunter contributes to the growth of the broader Web3 community. As projects on Cardano achieve success using Wallet Hunter, it inspires and motivates other projects to explore similar approaches, driving the overall advancement of the Web3 ecosystem.

While it is challenging to quantify the exact impact in terms of user numbers or transactions, Wallet Hunter's benefits can be measured by the increased efficiency and effectiveness of user acquisition, engagement, and project growth within the Cardano ecosystem. The success stories and positive outcomes achieved by projects utilizing Wallet Hunter will serve as tangible evidence of the value it brings to the Cardano ecosystem, attracting more users, developers, and stakeholders to participate and contribute to Cardano's growth.

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

We intend to measure the success of Wallet Hunter through a combination of quantitative and qualitative metrics that demonstrate the project's benefits for the Cardano ecosystem. Here are some potential measures and their rationale:

1. User Adoption: Tracking the number of projects that integrate Wallet Hunter and the number of users acquired through targeted marketing campaigns. This metric reflects the adoption of Wallet Hunter as a valuable tool for user acquisition and engagement within the Cardano ecosystem.
2. User Engagement: Monitoring user engagement metrics such as active user participation, interactions with wallet profiles, and feedback from users. This provides insights into the effectiveness of personalized engagement strategies enabled by Wallet Hunter.
3. Project Growth: Assessing the growth of projects utilizing Wallet Hunter, including metrics like increase in user base, transactions, and revenue. This demonstrates the positive impact of Wallet Hunter on the productivity and growth of Cardano-based projects in both the short and long term.
4. Community Feedback: Collecting qualitative feedback from users, project teams, and community members to understand their experiences, satisfaction levels, and perceived value of Wallet Hunter. This feedback helps gauge the effectiveness and relevance of the solution in addressing their needs.
5. Partnerships and Integrations: Monitoring the number of partnerships and integrations established with Wallet Hunter, indicating the recognition and value attributed to the project within the Cardano ecosystem. This reflects the level of trust and acceptance from key stakeholders.

While specific numerical targets may vary based on project scope and timeline, these metrics provide a holistic view of Wallet Hunter's impact on Cardano's productivity and growth. By combining quantitative data with qualitative feedback, we aim to provide a comprehensive assessment of the project's success and its contribution to the Cardano ecosystem's development.

[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 the Wallet Hunter project to maximize their impact and ensure broad dissemination within the Cardano ecosystem. Here are our proposed strategies:

1. Documentation and Reports: We will create detailed documentation and reports that outline the development process, methodologies, and key findings of Wallet Hunter. These documents will be made available to the Cardano community, project teams, and stakeholders, providing transparent insights into the project's outputs.
2. Community Engagement: We will actively engage with the Cardano community through various channels such as forums, social media, and community events. This will include sharing updates, conducting AMA (Ask Me Anything) sessions, and seeking feedback to foster collaboration and gather insights for further improvement.
3. Public Presentations and Workshops: We plan to organize presentations and workshops to showcase the outputs and impact of Wallet Hunter. These events will provide opportunities to share knowledge, best practices, and use cases with industry experts, developers, and interested community members.
4. Publication and Research Papers: Where appropriate, we will publish research papers that highlight the methodologies, algorithms, and innovations developed during the Wallet Hunter project. These papers will contribute to the broader academic and research community, fostering collaboration and enabling further research and development activities.
5. Partnerships and Integrations: We will actively seek partnerships and collaborations with other projects and platforms within the Cardano ecosystem. By integrating Wallet Hunter with complementary tools and services, we can amplify its impact and create synergistic opportunities that benefit the entire ecosystem.
6. Open-source Contributions: We are committed to open-source principles and will contribute relevant components, libraries, or frameworks developed during the project to the open-source community. This will facilitate knowledge sharing, encourage further development, and enable others to build upon the outputs of Wallet Hunter.

By leveraging these strategies, we aim to spread the outputs and impact of Wallet Hunter over a reasonable timescale, ensuring wide accessibility and engagement. The results generated from the project will serve as a foundation for further research and development activities. They will inform future iterations of Wallet Hunter, allowing us to refine and enhance the tool based on the insights gained and the evolving needs of the Cardano ecosystem.

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

We have a strong capability to deliver the Wallet Hunter project with high levels of trust and accountability. Our existing capabilities and track record demonstrate why we are best suited to undertake this project. Here are the key aspects that establish our trustworthiness and accountability:

1. Expertise and Experience: Our team possesses a deep understanding of blockchain technology, smart contract development, and data analytics. We have successfully executed similar projects in the past, showcasing our technical proficiency and domain knowledge.
2. Reputation and References: We have a solid reputation within the blockchain community, supported by positive references and testimonials from clients and partners. Our past projects have been delivered on time and within budget, demonstrating our commitment to accountability.
3. Transparency and Communication: We prioritize transparency and maintain open lines of communication with stakeholders. We provide regular project updates, share progress reports, and promptly address any concerns or issues that may arise.
4. Funds Management: We follow strict financial management practices to ensure proper handling and accountability of funds. This includes implementing robust financial systems, adhering to budgetary guidelines, and maintaining clear financial records.
5. Legal Compliance: We are committed to upholding legal and regulatory requirements. We operate in accordance with relevant laws, including tax compliance and intellectual property rights. We have established legal agreements and contracts in place to protect the interests of all parties involved.
6. Risk Management: We have a comprehensive risk management framework in place to identify, assess, and mitigate project risks. This includes contingency planning, risk assessment, and proactive measures to ensure project success and minimize any potential disruptions.
7. Accountability Measures: We are committed to delivering measurable outcomes and results. Throughout the project lifecycle, we set clear objectives, define key performance indicators (KPIs), and regularly evaluate our progress against these metrics. This allows for ongoing accountability and ensures that the project remains on track.

By demonstrating our expertise, track record, financial management practices, transparency, and adherence to legal and regulatory requirements, we instill confidence in our ability to deliver the Wallet Hunter project with high levels of trust and accountability.

[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 Wallet Hunter project are as follows:

1. Develop and Deploy Wallet Hunter: The primary goal is to successfully develop the Wallet Hunter tool and deploy it within the Cardano ecosystem. This involves creating the necessary smart contracts, analytics engine, and user interface to enable precise audience targeting based on wallet behavior.
2. Achieve Precise Audience Targeting: The goal is to ensure that Wallet Hunter provides accurate and reliable insights into wallet behavior, allowing projects on Cardano to target and engage with the most relevant audience. Validation of this goal involves assessing the accuracy and effectiveness of the targeting mechanism through user feedback, engagement metrics, and case studies.
3. Improve User Acquisition and Engagement: The objective is to enhance user acquisition and engagement for projects utilizing Wallet Hunter. This can be validated by measuring the increase in user acquisition rates, user engagement metrics such as active participation, and feedback from users regarding the effectiveness of personalized outreach facilitated by Wallet Hunter.
4. Facilitate Project Growth and Adoption: The goal is to contribute to the growth and adoption of projects within the Cardano ecosystem by providing a valuable tool for audience targeting. This can be measured by monitoring the number of projects integrating Wallet Hunter, the growth of user bases, and revenue generation for those projects.

To validate the feasibility of our approach, we will follow these steps:

1. Technical Proof of Concept: We will conduct a technical proof of concept to validate the feasibility of the proposed approach. This involves developing a prototype or minimum viable product (MVP) to demonstrate the core functionality and assess its technical viability.
2. User Testing and Feedback: We will engage with potential users and project teams to gather feedback on the usability, effectiveness, and value proposition of Wallet Hunter. User testing sessions, surveys, and interviews will provide insights into the feasibility of our approach from a user perspective.
3. Iterative Development: We will adopt an iterative development approach, continuously refining and improving Wallet Hunter based on user feedback, market dynamics, and emerging needs within the Cardano ecosystem. This iterative process ensures that the solution remains feasible and aligned with the evolving requirements of the ecosystem.
4. Continuous Evaluation: Throughout the project, we will conduct regular evaluations to assess the progress towards the stated goals. This includes monitoring key performance indicators (KPIs) related to user acquisition, engagement, project growth, and ecosystem impact. Qualitative feedback from users and stakeholders will also inform the evaluation process.

By following these steps and actively incorporating feedback and insights into the development process, we aim to validate the feasibility of our approach and ensure that the goals of the Wallet Hunter project are effectively addressed.

[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 Initiation and Planning

• Activities: Define project scope, establish project team and roles, conduct initial research and requirements gathering, create project plan and timeline.
• Timeline: 2 weeks
• Success/Acceptance Criteria: Project scope defined, project team established, project plan and timeline created.

Milestone 2: Technical Proof of Concept

• Activities: Develop a technical proof of concept for Wallet Hunter, including smart contracts, analytics engine, and basic user interface.
• Timeline: 4 weeks
• Success/Acceptance Criteria: Functional proof of concept developed, demonstrating the core functionality and technical feasibility of Wallet Hunter.

Milestone 3: User Testing and Feedback

• Activities: Engage with potential users and project teams to gather feedback on the usability, effectiveness, and value proposition of Wallet Hunter. Iterate and refine the solution based on user feedback.
• Timeline: 6 weeks
• Success/Acceptance Criteria: User feedback collected and analyzed, iterative improvements made to Wallet Hunter based on feedback.

Milestone 4: Full Development and Integration

• Activities: Develop the complete version of Wallet Hunter, integrating all the necessary components and refining the user interface. Conduct comprehensive testing and quality assurance.
• Timeline: 8 weeks
• Success/Acceptance Criteria: Fully functional Wallet Hunter tool developed and ready for deployment.

Milestone 5: Deployment and Launch

• Activities: Deploy Wallet Hunter within the Cardano ecosystem, onboard initial projects, and ensure proper integration and functionality. Conduct a launch event and marketing activities to promote Wallet Hunter.
• Timeline: 2 weeks
• Success/Acceptance Criteria: Wallet Hunter successfully deployed, initial projects onboarded, launch event conducted, marketing activities initiated.

Milestone 6: Evaluation and Improvement

• Activities: Continuously monitor and evaluate the performance of Wallet Hunter, gather user feedback, and identify areas for improvement. Make iterative updates and enhancements to enhance the solution based on user needs and market dynamics.
• Timeline: Ongoing
• Success/Acceptance Criteria: Continuous improvement and enhancement of Wallet Hunter based on user feedback and market requirements.

Project Management Approach:

• Agile Methodology: We will adopt an agile project management approach, allowing for flexibility, iterative development, and continuous improvement. Regular team meetings, sprints, and frequent communication will ensure effective project coordination and adaptability to changing requirements.
• Project Tracking and Reporting: We will utilize project management tools to track progress, manage tasks, and monitor milestones. Regular progress reports and status updates will be shared with stakeholders to ensure transparency and accountability.
• Risk Management: A comprehensive risk management plan will be implemented, identifying potential risks and mitigation strategies. Regular risk assessments and proactive measures will minimize disruptions and ensure project success.

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

Milestone 1: Project Initiation and Planning

• Deliverables: Project scope document, project team roster, project plan and timeline, requirements gathering report.
• Outputs: Clear understanding of project scope, defined roles and responsibilities, project plan for execution, comprehensive requirements document.
• Intended Outcome: Well-defined project structure, roles, and responsibilities, with a clear plan to guide the implementation of Wallet Hunter.
• Measurement: Completion and approval of the project scope document, project team roster, project plan, and requirements gathering report.

Milestone 2: Technical Proof of Concept

• Deliverables: Technical proof of concept prototype, including smart contracts, analytics engine, and basic user interface.
• Outputs: Functioning prototype demonstrating the core functionality and technical feasibility of Wallet Hunter.
• Intended Outcome: Verification of the technical feasibility of Wallet Hunter and validation of the proposed approach.
• Measurement: Successful development and testing of the technical proof of concept prototype, showcasing the core functionality of Wallet Hunter.

Milestone 3: User Testing and Feedback

• Deliverables: User feedback report, updated user interface design, refined solution based on user feedback.
• Outputs: Comprehensive user feedback report, user interface design improvements, iteratively enhanced Wallet Hunter solution.
• Intended Outcome: Validation of the usability and effectiveness of Wallet Hunter through user feedback and iterative improvements.
• Measurement: User feedback report summarizing feedback collected, number of design improvements made to the user interface, and user satisfaction ratings.

Milestone 4: Full Development and Integration

• Deliverables: Fully functional Wallet Hunter tool, integrated smart contracts, analytics engine, and refined user interface.
• Outputs: Fully developed and integrated version of Wallet Hunter, ready for deployment and use by projects on Cardano.
• Intended Outcome: Completion of the development phase, ensuring all components are fully functional and integrated into a cohesive solution.
• Measurement: Successful completion of all development tasks, functionality testing, and integration of smart contracts and analytics engine into the final Wallet Hunter version.

Milestone 5: Deployment and Launch

• Deliverables: Deployed Wallet Hunter tool within the Cardano ecosystem, onboarded initial projects, launch event documentation.
• Outputs: Deployed Wallet Hunter tool accessible to projects, documented onboarding process, successful launch event conducted.
• Intended Outcome: Successful deployment of Wallet Hunter, initial adoption by projects, and awareness created through a well-executed launch event.
• Measurement: Completion of the deployment process, number of projects onboarded, positive feedback from project teams, and successful execution of the launch event.

Milestone 6: Evaluation and Improvement

• Deliverables: Iterative updates and enhancements to Wallet Hunter based on user feedback and market requirements.
• Outputs: Updated versions of Wallet Hunter with improved features, bug fixes, and additional functionalities.
• Intended Outcome: Continuous improvement and enhancement of Wallet Hunter to meet user needs and adapt to evolving market dynamics.
• Measurement: Number of updates and enhancements implemented, user feedback on improvements, and user satisfaction ratings indicating increased effectiveness and usability.

The progress of the project will be tracked through regular reporting, including completion of deliverables, user feedback reports, successful milestones, and the achievement of intended outcomes. Additionally, user engagement metrics, such as user acquisition rates, user satisfaction ratings, and feedback analysis, will be used to measure the effectiveness and impact of Wallet Hunter throughout the project's lifecycle.

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

Budget Breakdown for Wallet Hunter Project:

Milestone 1: Project Initiation and Planning (10,000 ADA)

• Project Management: 2,500 ADA
• Research and Requirements Gathering: 3,000 ADA
• Documentation and Reporting: 2,500 ADA
• Contingency: 2,000 ADA

Milestone 2: Technical Proof of Concept (20,000 ADA)

• Development Resources: 15,000 ADA
• Software Licenses: 2,000 ADA
• Hardware Infrastructure: 2,000 ADA
• Contingency: 1,000 ADA

Milestone 3: User Testing and Feedback (20,000 ADA)

• User Testing and Feedback: 10,000 ADA
• User Experience Design: 5,000 ADA
• Iterative Improvements: 4,000 ADA
• Contingency: 1,000 ADA

Milestone 4: Full Development and Integration (30,000 ADA)

• Development Resources: 20,000 ADA
• Software Development Tools: 4,000 ADA
• Quality Assurance and Testing: 4,000 ADA
• Contingency: 2,000 ADA

Milestone 5: Deployment and Launch (10,000 ADA)

• Deployment Resources: 5,000 ADA
• Marketing and Promotion: 3,000 ADA
• Launch Event and Documentation: 1,500 ADA
• Contingency: 500 ADA

Milestone 6: Evaluation and Improvement (10,000 ADA)

• Iterative Updates and Enhancements: 6,000 ADA
• User Feedback Analysis: 2,000 ADA
• Reporting and Documentation: 1,500 ADA
• Contingency: 500 ADA

Total Budget: 100,000 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 through several key factors:

1. Expertise and Innovation: The costs associated with the project reflect the expertise and innovation required to develop and implement Wallet Hunter. The team's deep understanding of blockchain technology, smart contracts, and data analytics contributes to the quality and effectiveness of the solution. By investing in these resources, the Cardano ecosystem gains access to a cutting-edge tool that addresses a critical need for precise audience targeting.
2. Impact and Benefits: The costs are justified by the potential impact and benefits that Wallet Hunter brings to the Cardano ecosystem. The solution enables projects to improve user acquisition, engagement, and growth, leading to increased adoption, community participation, and overall ecosystem development. By investing in Wallet Hunter, the Cardano ecosystem stands to gain valuable insights, better marketing strategies, and a more robust and vibrant community.
3. Market and Industry Rates: The costs have been determined based on market and industry rates for similar projects and services. Extensive research and analysis of the market conditions, resource requirements, and industry standards have been taken into account to ensure that the budget aligns with realistic expectations and reasonable pricing.
4. Value Proposition: The costs are proportional to the value proposition and potential return on investment offered by Wallet Hunter. The solution addresses a well-defined problem within the Cardano ecosystem, providing a tangible solution that can significantly improve user acquisition and engagement. The projected outcomes and benefits of Wallet Hunter justify the investment made into its development and implementation.

To support the value for money, we have conducted a thorough cost analysis and comparison with industry standards. We have considered factors such as the average wage in our country, typical freelance rates in the industry, and the level of expertise and innovation required for the project. Additionally, the budget has been optimized by balancing the need for quality resources and effective cost management to ensure the efficient utilization of funds.

Overall, the costs associated with the Wallet Hunter project represent value for money by delivering a solution that addresses a critical need, leveraging expertise and innovation, and offering a strong potential for positive impact and benefits to 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