[GENERAL] Name and surname of main applicant
Oleskii Herasymchyk
[GENERAL] Email address of main applicant
birblewin@gmail.com
Additional applicants
Michael & Olena
[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.” .
No dependencies
[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
Data tools
[METADATA] SDG rating
SDG Goals
1 - End miss spending in all its forms everywhere
8 - Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all employed within our ecosystem
11 - Make workplace, resilient and sustainable
SDG Subgoals
8.2 - Achieve higher levels of economic productivity through diversification, technological upgrading and innovation, including through a focus on high-value added and labour-intensive sectors
Key Performance Indicator (KPI)
8.2.1 - Annual growth rate of real GDP per employed person
[IMPACT] Please describe your proposed solution.
At Birble AI, our proposed solution aims to address the challenges businesses face in creating effective ad campaigns by leveraging the power of AI, real-time analytics, and collaboration. We perceive the problem as the complexity and time-consuming nature of advertising, particularly for businesses with limited resources and expertise.
We approach this problem by developing an AI-powered dashboard and aggregator that simplifies the process of creating ad campaigns. By asking a few targeted questions about the project and target niche, our AI generates custom campaigns tailored to the budget and needs of each customer. This automation saves businesses time and resources while ensuring campaigns are optimized for success.
Our project engages businesses of all sizes, from startups to established enterprises, across various industries. Small businesses benefit from the cost-effective nature of our solution, allowing them to compete with larger players on a level playing field. Established businesses can streamline their marketing efforts and discover new collaboration opportunities through the synergy feature.
We will demonstrate our impact through several key indicators.
Firstly, we will measure the satisfaction and feedback of our customers, assessing how our solution improves their advertising efficiency and campaign outcomes. Secondly, we will track the adoption and usage metrics of our AI-powered dashboard, demonstrating its value and the extent of its integration into customers' marketing strategies.
Lastly, we will monitor the success metrics of campaigns generated by our AI, including conversion rates, ROI, and customer engagement.
What makes our solution unique is the synergy feature, enabling businesses to participate in existing campaigns that align with their brand and target audience.
This fosters collaboration, cross-promotion, and networking opportunities, creating a mutually beneficial ecosystem for all participants.
Cardano will benefit from our solution as it provides a valuable use case for the Cardano blockchain and its native token.
By leveraging the Birble AI token, businesses can access the full range of features within our platform and participate in collaborative campaigns. This integration showcases the utility and value of the Cardano ecosystem, attracting more users and fostering innovation within the network.
In summary, our AI-powered solution simplifies the process of creating ad campaigns, provides real-time analytics, and facilitates collaboration. It benefits businesses of all sizes, saves time and resources, and unlocks new opportunities for growth. By demonstrating our impact through customer satisfaction, adoption metrics, and campaign success, we showcase the value of our unique solution to both businesses and the Cardano network.
[IMPACT] How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?
Birble AI's proposed solution directly addresses the challenge of creating effective ad campaigns by leveraging AI technology, real-time analytics, and collaboration. By simplifying the campaign creation process and providing businesses with actionable insights, our solution brings several benefits to the Cardano ecosystem:
- Increased Adoption: Birble AI's user-friendly dashboard and AI-powered features attract businesses of all sizes to the Cardano ecosystem. As more businesses join, the demand for Cardano tokens and services will likely increase, fostering broader adoption and usage.
- Stronger Ecosystem: By integrating our solution with the Cardano blockchain, we contribute to the overall strength and maturity of the ecosystem. The successful implementation and utilization of Birble AI demonstrate the practical applications and real-world value of Cardano's technology.
- Community Expansion: Birble AI's collaboration and synergy features encourage businesses to engage with one another and participate in joint campaigns. This creates a sense of community and collaboration within the Cardano ecosystem, attracting more users and fostering networking opportunities.
- Solving Marketing Challenges: Marketing and advertising are crucial aspects of business growth, and Birble AI tackles the challenges associated with creating effective campaigns. By providing businesses with a streamlined solution, we help them overcome marketing obstacles and achieve better results, contributing to the overall success and sustainability of the Cardano ecosystem.
In terms of quantifying the impact, it is important to be realistic. Within a reasonable timeframe during or shortly after the project completes, we anticipate achieving a substantial number of users adopting the Birble AI platform. This could range from thousands to tens of thousands, depending on market adoption and marketing efforts.
In terms of usage and transactions, we anticipate a steady growth trajectory. This growth will be influenced by factors such as user acquisition, market demand, and the expansion of collaborations within the ecosystem. While it is challenging to provide specific numbers, we aim to facilitate a significant volume of transactions within a reasonable timeframe, demonstrating the value and scalability of the Cardano ecosystem.
Overall, Birble AI's proposed solution brings tangible benefits to the Cardano ecosystem, including increased adoption, a stronger community, and the resolution of marketing challenges. By attracting users, enabling collaboration, and showcasing real-world value, our project contributes to the long-term success and growth of Cardano.
[IMPACT] How do you intend to measure the success of your project?
At Birble AI, we have a comprehensive approach to measuring the success of our project, encompassing both quantitative and qualitative metrics. Here are the key areas we will focus on:
- User Adoption: We will measure the number of businesses and individuals using the Birble AI platform within a specified timeframe. This metric reflects the adoption rate and demonstrates the attractiveness and value of our solution to the Cardano ecosystem.
- User Feedback and Satisfaction: Gathering qualitative feedback from users is crucial to understanding their experience with Birble AI. We will conduct surveys, interviews, and user feedback sessions to gauge user satisfaction, identify areas for improvement, and assess the overall impact our solution has on their marketing campaigns.
- Active Usage and Engagement: We will monitor user activity and engagement within the Birble AI platform. This includes metrics such as the number of campaigns created, campaigns actively running, collaborations initiated, and frequency of user interactions. These measurements provide insights into the level of user engagement and the value they derive from our platform.
- Collaborations and Partnerships: We will track the number and quality of collaborations and partnerships facilitated through the Birble AI synergy feature. This metric highlights the ecosystem's growth and the ability of our platform to foster collaboration and networking opportunities within the Cardano community.
- Impact on Marketing Metrics: We will assess the impact of Birble AI on businesses' marketing campaigns by analyzing relevant metrics such as conversion rates, return on investment (ROI), customer engagement, and campaign success. These measurements demonstrate the effectiveness of our solution in improving marketing outcomes for businesses in the Cardano ecosystem.
In terms of the benefits to the Cardano ecosystem, our project will contribute to its productivity and growth in both the short and long term:
Short Term: Birble AI will attract new users to the Cardano ecosystem, expanding its user base and increasing token demand. This growth in adoption and usage contributes to a more robust ecosystem and enhances its overall productivity.
Long Term: By providing a practical and valuable use case for Cardano, Birble AI helps establish Cardano as a go-to platform for businesses' marketing needs. This positions Cardano as a leader in blockchain-based marketing solutions, driving sustained growth and ecosystem expansion in the long run.
The measures outlined above are realistic as they align with industry standards for evaluating the success of similar projects. User adoption, feedback, active usage, collaborations, and impact on marketing metrics are widely recognized as meaningful indicators of a project's effectiveness and its contribution to ecosystem growth.
Additionally, qualitative measures such as user opinions and feedback provide valuable insights into user satisfaction, experience, and areas for improvement. By combining both quantitative and qualitative metrics, we gain a comprehensive understanding of the project's impact and can make informed decisions to enhance its value to the Cardano ecosystem.
[IMPACT] Please describe your plans to share the outputs and results of your project?
Birble AI is committed to sharing the outputs and results of our project with the Cardano community and relevant stakeholders. We have several plans in place to disseminate the project's outcomes and ensure its impact is spread over a reasonable timescale.
- Documentation and Reports: We will create comprehensive documentation and reports that outline the project's objectives, methodology, key findings, and achievements. These materials will be made publicly available, allowing anyone interested to gain insights into the project's progress and outcomes.
- Updates to Whitepaper and Technical Publications: We intend to publish a continual updates to our whitepaper that details the technical aspects of our solution, including the AI algorithms used, integration with the Cardano blockchain, and the overall architecture of our platform. We will also explore opportunities to publish technical articles in relevant industry conferences, journals, and publications.
- Community Engagement: We will actively engage with the Cardano community through various channels, including online forums, social media platforms, and community meetups. Through these interactions, we will share updates, answer questions, and gather feedback to ensure our project's outputs are effectively communicated and understood.
- Collaboration and Partnerships: We will seek opportunities to collaborate with other projects, businesses, and stakeholders within the Cardano ecosystem. By sharing our project's outputs and exploring potential synergies, we can collectively amplify the impact and create new opportunities for growth and innovation.
- Open Source Contributions: Birble AI is committed to open source principles. We plan to contribute relevant components of our project to the Cardano ecosystem, enabling other developers and projects to leverage our work, build upon it, and foster further research and development activities.
The results generated from the project will serve as a foundation for future research and development activities at Birble AI. We will leverage the insights gained, user feedback, and performance metrics to continuously improve our AI algorithms, enhance the user experience, and expand the capabilities of our platform.
The feedback loop from users and the wider Cardano community will inform our R&D roadmap, ensuring that we address any identified limitations and stay at the forefront of marketing solutions within the Cardano ecosystem.
By leveraging the results and lessons learned, we aim to drive continuous innovation, refine our algorithms, and explore new avenues for growth and expansion within the Cardano ecosystem and the broader field of AI-driven marketing solutions.
[CAPABILITY/ FEASIBILITY] What is your capability to deliver your project with high levels of trust and accountability?
Birble AI has a strong track record of delivering complex projects and demonstrating high levels of trust and accountability. Our existing capabilities and experiences highlight why we are well-suited to deliver this project:
- Expert Team: Birble AI comprises a highly skilled and experienced team of software engineers, data scientists, and machine learning experts. Our team members have a proven track record of successfully developing and implementing AI-based solutions across various domains. Their expertise ensures that we have the technical know-how and capabilities to deliver this project effectively.
- Extensive Portfolio: Our portfolio includes a diverse range of successful projects, including a DEX on top of the Uniswap protocol, an NFT marketplace, a crowdfunding dApp, music and video streaming services, blockchain games, and AI dApps developed in cooperation with OpenAI. These projects demonstrate our ability to build and deploy complex applications, integrate AI technologies, and deliver solutions that meet the needs of our clients and users. Examples of things we have built: https://www.birble.win/services/
- Transparency and Code Availability: Birble AI maintains a transparent approach, making our code available for review on our website. This allows interested parties to examine our work and assess the quality of our codebase. By providing this level of transparency, we aim to build trust and confidence in our abilities as a development team.
- Financial Management: Birble AI has established robust financial management processes to ensure the proper handling of funds. We adhere to strict financial controls and follow industry best practices in managing project budgets, tracking expenses, and reporting on financial performance. Our commitment to financial responsibility and accountability is paramount in all our endeavors.
- Strong Reputation: Birble AI has built a strong reputation for delivering high-quality projects and maintaining strong relationships with our clients. We have received positive feedback and testimonials from past clients, which attests to our professionalism, reliability, and ability to meet project requirements.
These steps and processes collectively demonstrate our capability to be trusted in managing funds and delivering projects with a high level of trust and accountability. We combine our technical expertise, transparent approach, financial management practices, and positive reputation to ensure that we consistently deliver on our commitments and exceed expectations.
Website: https://www.birble.win
products created: https://www.birble.win/services
White Paper: https://www.birble.win/wp-content/uploads/2023/05/Birble-AI-WP-V2.pdf
Medium: https://medium.com/@birblewin_1679
[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 project are as follows:
- Develop an AI-powered dashboard: The primary goal is to build a user-friendly dashboard that leverages AI technology to generate custom ad campaigns based on user input regarding their project and target niche. The dashboard will also provide real-time analytics and the ability to modify campaigns based on customer needs.
- Tailor ad campaigns to budget and needs: The project aims to create a system that can generate ad campaigns that align with users' specified budget and requirements. This ensures that businesses of all sizes can utilize the platform and achieve effective marketing outcomes within their financial constraints.
- Enable collaboration and participation: Birble AI intends to facilitate collaborations among users within the platform. By allowing businesses to participate in existing campaigns run by other users with synergy, the project aims to foster networking opportunities and community engagement within the Cardano ecosystem.
To validate the feasibility of our approach, Birble AI will undertake several steps:
- Technical Proof of Concept: We will develop a proof of concept to validate the technical feasibility of integrating AI algorithms, real-time analytics, and collaboration features into a unified dashboard. This stage will help us identify any technical challenges and refine our approach accordingly.
- User Testing and Feedback: Birble AI will conduct extensive user testing to gather feedback on the dashboard's usability, effectiveness, and the generated ad campaigns. We will actively seek input from users, analyze their experiences, and make necessary improvements based on their feedback.
- Iterative Development: Our development process will follow an iterative approach, allowing us to make incremental improvements based on user feedback, market demands, and the evolving needs of the Cardano ecosystem. This iterative development ensures that we continually validate and adapt our approach throughout the project lifecycle.
- Market Analysis and Validation: Birble AI will conduct market analysis to assess the demand for AI-powered marketing solutions within the Cardano ecosystem. By analyzing market trends, competitor offerings, and user needs, we can validate the feasibility and viability of our approach in meeting market demands.
By combining technical validation, user feedback, iterative development, and market analysis, Birble AI will ensure that our approach is feasible, effective, and aligns with the goals of the project. This validation process allows us to make informed decisions, optimize our solution, and deliver a robust and valuable product to 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: Technical Proof of Concept
- Key Activities:
- Research and identify suitable AI algorithms for ad campaign generation
- Develop a prototype dashboard with basic functionality
- Integrate AI algorithms and real-time analytics into the prototype
- Timeline: 2 months
- Success/Acceptance Criteria: Successful implementation of the prototype dashboard with functional AI algorithms and real-time analytics
- Projected Cost: $20,000
Milestone 2: User Testing and Feedback
- Key Activities:
- Engage a group of users to test the prototype dashboard
- Gather feedback on usability, campaign generation accuracy, and overall user experience
- Analyze feedback and identify areas for improvement
- Timeline: 1 month
- Success/Acceptance Criteria: Completion of user testing phase, documented feedback, and identified areas for improvement
- Projected Cost: $10,000
Milestone 3: Iterative Development
- Key Activities:
- Refine the dashboard based on user feedback and identified areas for improvement
- Enhance AI algorithms for improved campaign generation accuracy
- Implement collaboration and participation features
- Timeline: 3 months
- Success/Acceptance Criteria: Updated dashboard with improved usability, enhanced AI algorithms, and implemented collaboration features
- Projected Cost: $10,000
Milestone 4: Market Analysis and Validation
- Key Activities:
- Conduct market research to analyze demand for AI-powered marketing solutions within the Cardano ecosystem
- Evaluate competitor offerings and identify unique selling points
- Validate the feasibility and viability of the project based on market analysis
- Timeline: 1 month
- Success/Acceptance Criteria: Completion of market analysis report, identification of market demand, and validation of project viability
- Projected Cost: $10,000
Milestone 5: Finalize Product and Launch
- Key Activities:
- Incorporate final enhancements based on market analysis and user feedback
- Conduct thorough testing and quality assurance
- Prepare marketing and launch materials
- Release the fully functional Birble AI dashboard to the public
- Timeline: 1 month
- Success/Acceptance Criteria: Successful completion of testing, marketing materials prepared, and public release of the Birble AI dashboard
- Projected Cost: $5,000
Project Management Approach: The project will be implemented using an Agile project management approach. This methodology allows for flexibility, iterative development, and frequent communication with stakeholders. The project will follow the following steps:
- Initiation: Define project goals, objectives, and deliverables. Establish the project team and allocate resources.
- Planning: Create a detailed project plan with milestones, tasks, and timelines. Define roles and responsibilities within the team.
- Execution: Implement the planned tasks and activities. Develop the technical proof of concept, conduct user testing, iterate based on feedback, and validate the market analysis.
- Monitoring and Control: Regularly track project progress, monitor budget and timeline adherence, and manage any risks or issues that arise. Conduct periodic review meetings to assess project performance.
- Closure: Finalize the product, prepare for launch, and evaluate the project's success against the defined criteria. Document lessons learned and gather feedback for future improvements.
Throughout the project, effective communication channels will be established to ensure collaboration and alignment among team members. Regular updates will be provided to stakeholders to keep them informed of progress and address any concerns or feedback. The project manager will oversee the overall project execution, ensuring timely delivery of milestones and successful completion of the project.
[CAPABILITY/ FEASIBILITY] Please describe the deliverables, outputs and intended outcomes of each milestone.
Milestone 1: Technical Proof of Concept
- Deliverables:
- Prototype dashboard with basic functionality
- Integration of AI algorithms and real-time analytics into the prototype
- Documentation outlining the chosen AI algorithms and their implementation
- Outputs:
- Technical proof of concept demonstrating the feasibility of the AI-powered dashboard
- Intended Outcomes:
- Validation of the technical feasibility of the project
- Identification of any technical challenges and areas for improvement
Milestone 2: User Testing and Feedback
- Deliverables:
- User testing plan and protocols
- Documented feedback and analysis of user testing results
- Outputs:
- User feedback on usability, campaign generation accuracy, and overall experience
- Intended Outcomes:
- Insights into user preferences and expectations
- Identification of areas for improvement and refinements based on user feedback
Milestone 3: Iterative Development
- Deliverables:
- Updated dashboard with improved usability and enhanced AI algorithms
- Documentation on the implemented collaboration and participation features
- Outputs:
- Finalized version of the Birble AI dashboard
- Intended Outcomes:
- Enhanced user experience and usability
- Increased accuracy and effectiveness of campaign generation
- Improved collaboration and networking opportunities within the Cardano ecosystem
Milestone 4: Market Analysis and Validation
- Deliverables:
- Market research report outlining the demand for AI-powered marketing solutions within the Cardano ecosystem
- Evaluation of competitor offerings and identification of unique selling points
- Outputs:
- Validated market analysis report
- Intended Outcomes:
- Understanding of market demand and potential user base
- Identification of market positioning and target audience
Milestone 5: Finalize Product and Launch
- Deliverables:
- Fully functional Birble AI dashboard ready for public release
- Marketing materials and documentation for the launch
- Outputs:
- Publicly available Birble AI dashboard
- Intended Outcomes:
- Successful launch of the product to the Cardano ecosystem
- Adoption and utilization of the Birble AI dashboard by businesses and marketers
To track the project's progress, Birble AI will measure several key indicators:
- Development milestones achieved within the planned timeline
- User feedback and satisfaction ratings from the user testing phase
- Number of active users and engagement metrics on the Birble AI dashboard
- Market analysis validation, including demand metrics and competitor analysis results
- Successful product launch and adoption metrics, such as user sign-ups and usage statistics
These measures will help track the project's progress, validate the effectiveness of the developed solution, and ensure alignment with the intended outcomes. Regular progress reports and metrics tracking will provide visibility into the project's advancement and allow for timely adjustments if needed.
[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, with a total budget of $40,000. Please note that this breakdown includes costs for third-party products and services where applicable:
Milestone 1: Technical Proof of Concept
- Development resources: $20,000
- This includes the cost of software engineers, data scientists, and machine learning experts working on the technical proof of concept.
Milestone 2: User Testing and Feedback
- User testing resources: $10,000
- This includes expenses related to recruiting a group of users for testing and gathering feedback on the prototype dashboard.
Milestone 3: Iterative Development
- Development resources: $10,000
- This covers the cost of enhancing the dashboard based on user feedback and implementing collaboration features.
Milestone 4: Market Analysis and Validation
- Market research resources: $10,000
- This includes expenses related to conducting market research and analysis to validate the demand for AI-powered marketing solutions within the Cardano ecosystem.
Milestone 5: Finalize Product and Launch
- Marketing resources: $5,000
- This covers the cost of preparing marketing materials and documentation for the launch of the Birble AI dashboard.
Third-Party Products and Services:
- OpenAI API: $10,000
- This accounts for the cost of utilizing OpenAI's API services for AI functionalities such as natural language processing and image generation.
Total Project Cost: $65,000
Please note: Any additional costs beyond the budget allocated to Birble AI by Project Catalyst will be covered by our internal reserves.
[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:
- Comprehensive Solution: The proposed project aims to provide an AI-powered dashboard that tailors ad campaigns, offers real-time analytics, and facilitates collaboration within the Cardano ecosystem. The costs associated with development, user testing, market analysis, and launching the product are essential for creating a comprehensive solution that addresses the marketing needs of businesses within the ecosystem.
- Expertise and Experience: The budget reflects the involvement of a skilled team of software engineers, data scientists, and machine learning experts. These professionals bring their expertise and experience to develop and implement the AI-based solution effectively. Their knowledge and technical capabilities contribute to the value delivered by the project.
- Third-Party Services: The inclusion of third-party services, such as the OpenAI API, adds value by leveraging advanced AI capabilities. These services incur costs but provide access to powerful AI functionalities like natural language processing and image generation, enhancing the overall functionality and effectiveness of the Birble AI dashboard.
- Realistic Cost Estimation: The costs of the project have been determined based on various factors, including resource requirements, market research, user testing, and development efforts. These cost estimations are realistic and align with industry standards, ensuring that the project receives adequate funding to achieve its goals.
By investing in this project, the Cardano ecosystem will benefit from a comprehensive, AI-powered marketing solution tailored to its specific needs. The costs associated with the project are justified by the value they bring in terms of improved marketing capabilities, real-time analytics, collaboration opportunities, and enhanced decision-making processes within the 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