Cardanosub - Wordpress Content Subscription Powered by Cardano Blockchain

[GENERAL] Name and surname of main applicant

XTeam

[GENERAL] Email address of main applicant

xteam.ada@gmail.com

Additional applicants

Dung Ho

Do Nguyen

Adela Mai

[GENERAL] Please specify how many months you expect your project to last (from 2-12 months)

2

[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

Identity Solutions

[IMPACT] Please describe your proposed solution.

WordPress (WP) is powering 455 million websites globally and this number is growing rapidly. There are many WP membership and content restriction plugins which except credit card payment but none of them is accepting cryptocurrency as a payment method. Therefore, we want to build Cardanosub - a Wordpress Content Subscription Plugin to help Wordpress website owners to monetize their services with following functions:

(1) Categorize the posts:

• Free Post: anyone can access the post
• Pay with ADA: Content creator can set the number of ADA that users need to pay to purchase the content.
• NFT Pass: This function requires users to own an membership NFT in order to get full access. Content creators can use available NFT collections or mint their own NFT collections using https://www.nmkr.io, https://www.jpg.store or https://cardahub.io.

(2) ADA Donate button

• Donate button is basically a button on websites to encourage giving from people who are already engaged with the content and feel more compelled to donate. Donate buttons are used on platforms such as Youtube, Google and even Facebook. Now, with Cardanosub, you can add Donate Button to any Wordpress website and earn more ADA for your content sharing.

(3) Other possible functions

• Pay for goods/service: You can use Cardanosub to your e-commerce website to sell your products or services and all the payment is ADA.
• Simple ticketing system: You can sell your tickets online and receive the payment instantly by using Cardanosub

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

Cardanosub is a proposal for the challenge of products and integrations. The plugin will offer more use cases to the Cardano Ecosystem in content subscription industry. Cardanosub will definitely has many great impact and drive more adoption in the following aspects:

• Onboard more web2 content creators and users to Cardano Ecosystem: The plugin is totally free for all Wordpress website owners. With detailed instruction manual (including videos), more and more website owners can use the plugin easily to monetize their services; therefore, more web2 users will be onboarded to Cardano Ecosystem.
• Increase the transaction volume: with the use of ADA as payment, NFT Pass function for content subscription or donate button, the transaction volume will increase accordingly.
• Showcase for the real application of Cardano Blockchain: Content creators and users are working directly and transparently with each others without needing to use third-party services thanks to blockchain technology.

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

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

Answer:

The success of Cardanosub can be assessed by both quantitative and qualitative measures.

• Project Milestones: We commit to deliver the product features within the timeline of the each milestone.
• Functional Plugin Completion: The successful delivery of plugin to WP Plugin Store with full functions and free download for everyone
• Number of downloads: After pushing to Wordpress plugin stores, we can measure the number of downloads for use. The more downloads, the more people know and interact with Cardano Ecosystem.
• ADA Usage: Monetizing service using ADA as payment will definitely increase the trading volume and liquidity.

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

We are open to share the progress of Cardanosub and get the community feedbacks through multiple channels:

• Social Media: We will regularly update the information of project, milestones through the our channels on Twitter and Telegram.
• Website: We will create posts/news in the official website to share the outputs of every milestone.
• Release of Plugin: After development and testing phases, we will push to Wordpress Plugin Store, so that everyone can download and use free of charge.

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

These are some of our capabilities to deliver Cardanosub with high level of trust and accountability:

• Solid team: Our team members have many experiences in project management and software development.
• Web2 and Web3 Experts: We have both web2 and blockchain developers that we are confident to deliver Cardanosub within the proposed timeline.
• Transparent Development Process: We will make the report monthly about the progress of the project and public the source code so that everyone can check and give us feedbacks. These feedbacks are valuable for us to update and add more functions to Cardanosub.

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

The main goals of Cardanosub are as followings:

• Develop a full functional WP Plugin: Our main goal is to develop a Wordpress content subscription plugin which is easy to use for both web2 and web3 users.
• Reduce the role of middlemen in content subscription industry: with Cardanosub, content creators do not need to use third-party services anymore, they can make direct income from their service or product.
• Enhance the adoption of the Cardano Blockchain: We aim to demonstrate the practicality of the Cardano blockchain in real-world application within the content subscription industry.

Agile methodologies will be applied for the development and implementation of Cardanosub. We will use iterative development and testing cycles to ensure that all features of the plugin work smoothly, and improve Cardanosub based on testing results. In addition, with extensive experiences in software development both in web2 and web3, we believe that it is feasible for us to develop this Wordpress plugin integrated with Cardano blockchain.

[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.

SOM1 - 1 month

• Landing Page Design & Coding
• Plugin Function: ADA Payment (smart contract)
• Plugin Function: NFT Pass

SOM2 - 1 month

• Plugin Function: Donate button
• Writing instruction manual
• Testing of the whole plugin

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

Progress will be measured by tracking the completion of each feature within each milestone and by validating the successful achievement of each milestone's outcomes.

SOM1 - 1 month

• Deliverable design of landing page
• Functional ADA payment feature
• Functional NFT Pass

SOM2 - 1 month

• Functional Donate button
• Easy-to-understand instruction manuals on landing pages
• Fully tested Cardanosub Plugin
• Ready for download from Wordpress Plugin Store and from Landing page

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

• Management fee: 6000 ADA
• Landing Page: 3500 ADA
• Plugin coding: 13500 ADA
• Backend Development: 3000 ADA
• Testing: 1000 ADA
• Instruction manual and videos: 3000 ADA
• Marketing: 5500 ADA

Total: 35500 ADA (ADA price at $0.35)

Please see detailed budget in this link

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

Cardanosub's cost represents significant value for money for the Cardano ecosystem due to our team's skills and experiences, our commitment to the end of our project.We are confident to deliver high-quality plugin which can use for long time, solving real problems, resulting in long-term impact for Cardano Ecosystem.

The budget for Cardanosub has been calculated considering the wages for project manager and software developers (both web2 and web3 developers) in Vietnam, offering a transparent and competitive pricing for Cardanosub.

[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