Native Token Data Market Aggregator: Sustainable Investing Opinion on Cardano by YallaCap

[GENERAL] Name and surname of main applicant

Ben Gordon

[GENERAL] Email address of main applicant

info@yallacap.com

Additional applicants

Clint Alexander

Marjan Zadeh

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

8

[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:

End poverty in all its forms everywhere

End hunger, achieve food security and improved nutrition and promote sustainable agriculture

Ensure access to affordable, reliable, sustainable and modern energy for all

Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels

SDG subgoals:

By 2030, ensure universal access to affordable, reliable and modern energy services

Key Performance Indicator (KPI):

Proportion of population with primary reliance on clean fuels and technology

Proportion of population with access to electricity

[IMPACT] Please describe your proposed solution.

Our proposed solution is to build a dedicated Cardano native tokens ecosystem within YallaCap the cryptocurrency data market aggregator. This ecosystem will cater specifically to the Cardano community, providing a comprehensive set of features and tools to empower investors and traders within the Cardano network.

Integration of Cardano Native Tokens

We will develop the necessary infrastructure to support the listing and tracking of Cardano native tokens on YallaCap. This integration will enable users to access real-time data, market insights and historical performance of these tokens, ensuring they have accurate and up-to-date information for their investment decisions.

Enhanced ESG Ratings

YallaCap is known for its independent ESG ratings, and we will extend this rating system to include Cardano native tokens. By assessing the environmental, social, and governance impact of projects built on the Cardano blockchain, investors can make informed decisions aligned with their sustainability values.

User-Friendly Interface

We will design an intuitive and user-friendly interface specifically tailored for the Cardano native tokens ecosystem. This interface will enable users to easily navigate, explore and analyze different tokens within the Cardano network, making the platform accessible to both novice and experienced users.

Market Insights and Analytics

YallaCap will provide comprehensive market insights and analytics for Cardano native tokens. Users will have access to price charts, trading volumes, liquidity data and historical performance analysis. These tools will assist in evaluating market trends and making informed investment choices.

Token Metrics and Tokenomics

To further assist users in evaluating Cardano native tokens, YallaCap will display token metrics and tokenomics information. This includes details such as token supply, circulating and total token amounts, staking mechanisms, token distribution models and other relevant data to support investment analysis

(our MVP is live now at yallacap.com)

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

Our proposed solution directly addresses the challenge in the Products & Integrations challenge setting by building a Cardano Native Tokens data market aggregator on YallaCap. This solution brings several benefits to the Cardano ecosystem:

Expanded Product Offering

By integrating Cardano native tokens into YallaCap, we expand the platform's product offering and provide users with a dedicated space to explore and analyze these tokens. This enhances the ecosystem by giving users more options and increasing engagement with Cardano native tokens.

Improved User Experience

The inclusion of Cardano native tokens on YallaCap improves the end-user experience by providing a centralized platform for users to access real-time data, market insights, and analytics for these tokens. Users can easily track and monitor their investments, leading to increased convenience and satisfaction.

Increased Visibility and Adoption

By featuring Cardano native tokens on a prominent cryptocurrency data aggregator like YallaCap, we enhance their visibility and exposure to a wider audience. This increased visibility can attract more investors, developers, and projects to the Cardano ecosystem, fostering growth and adoption.

Sustainable Investing with ESG Ratings

YallaCap's unique offering of independent ESG ratings for all cryptocurrencies, including Cardano native tokens, promotes sustainable investing practices within the Cardano ecosystem. This feature allows users to assess the environmental, social, and governance impact of projects, making informed investment decisions aligned with their values.

Collaboration and Integration

Integrating Cardano native tokens into YallaCap fosters collaboration and integration within the broader ecosystem. It creates opportunities for partnerships with other projects, platforms, and services in the Cardano community, facilitating a more connected and cohesive ecosystem.

Enhanced Market Analysis

YallaCap's market insights and analytics for Cardano native tokens empower users with comprehensive data, price charts, trading volumes, and historical performance analysis. This enables investors and traders to make informed decisions based on accurate information, contributing to a more efficient and transparent market.

In summary, our proposed solution addresses the challenge by expanding product offerings, improving the user experience, increasing visibility and adoption, promoting sustainable investing, fostering collaboration and providing enhanced market analysis. These benefits contribute to the overall growth, development, and success of the Cardano ecosystem.

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

Here are some ways we intend to measure the success:

User Engagement

We will monitor user engagement metrics such as active users, session duration, and user retention rate. Increasing user engagement indicates that users find value in the Cardano Native Tokens Ecosystem on YallaCap and continue to use the platform over time.

Adoption and Usage

We will track the number of Cardano native tokens listed on YallaCap and monitor their trading volumes and liquidity. Higher adoption and increased usage of the platform indicate that users are actively utilizing the ecosystem for their investment activities.

Feedback and User Satisfaction

We will gather user feedback through surveys, interviews, and community forums to gauge user satisfaction and identify areas for improvement. Positive feedback and a high level of user satisfaction indicate that our project is meeting the needs and expectations of the Cardano community.

ESG Rating Impact

We will assess the impact of the ESG ratings on sustainable investing within the Cardano ecosystem. This can be measured by tracking the number of users who consider ESG ratings in their investment decisions and the overall adoption of sustainable investment practices.

Market Influence

We will monitor the influence of YallaCap on market trends and activities. This can be evaluated by analyzing the trading volumes, liquidity, and market capitalization of Cardano native tokens listed on YallaCap, as well as their performance relative to other tokens in the ecosystem.

Collaboration and Integration

We will track the number of collaborations and integrations with other projects, platforms, or services within the Cardano ecosystem. Increased collaborations indicate that YallaCap's Cardano Native Tokens Ecosystem is seen as a valuable partner in the ecosystem, promoting synergy and growth.

By regularly analyzing these metrics and KPIs we can continuously improve the platform to better serve the Cardano community. We will monitor the influence of the YallaCap on market trends and activities. This can be evaluated by analyzing the trading volumes, liquidity, and market capitalization of Cardano native tokens listed on YallaCap, as well as their performance relative to other tokens in the ecosystem.

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

We have a comprehensive plan to share the outputs and results of our project to ensure transparency and TO engage the Cardano community. Here are our plans:

Regular Updates

We will provide regular updates on the progress of the project through blog posts and news articles on YallaCap's website and socials (@YallaCap). These updates will highlight key milestones achieved, new features implemented, and any significant developments related to the Cardano YallaCap aggregator.

Social Media Engagement

We will actively engage with the Cardano community through social media channels such as Twitter, Telegram, and Discord. We will share project updates, insights, and announcements, and encourage discussions and feedback from the community.

Community Outreach

We will actively seek feedback from the Cardano community through community forums, AMA (Ask Me Anything) sessions, Twitter Space's and dedicated feedback channels within Discord. This will allow us to gather insights, address concerns and incorporate community suggestions into our project's roadmap.

Partnerships and Collaborations

We will seek partnerships and collaborations with other projects, platforms, or services within the Cardano ecosystem. By collaborating and integrating with other key players, we will foster a synergistic approach and create a more connected ecosystem. These partnerships will be communicated through official announcements and press releases.

Data and Insights Sharing

We will share relevant data and insights regarding Cardano native tokens, such as market trends, token performance analysis and ecosystem statistics. This data can be accessed through YallaCap's platform or shared in the form of reports, whitepapers or infographics to provide valuable information to the Cardano community.

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

As a doxxed team, we prioritize trust and accountability in delivering our project. Our brand is already established and we have an MVP which is live at yallacap.com or yallacap.ae.

Our team consists of experienced professionals with a strong background in company lead, blockchain technology, cryptocurrency markets and software development. We have a track record of successfully delivering projects in the crypto space, which demonstrates our competence and expertise. We maintain open and transparent communication channels with stakeholders, including the Cardano community. We provide regular updates on project progress, share information about challenges and milestones, and address any concerns or feedback promptly. This transparency fosters trust and ensures accountability throughout the project lifecycle.

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

The main goals of our project are to integrate Cardano native tokens into YallaCap, provide enhanced ESG ratings for each token listed, deliver a user-friendly interface and offer comprehensive market insights and analytics. To validate the feasibility of our approach, we will conduct a technical evaluation, develop a proof of concept exclusive to Cardano (our general MVP is live now at yallacap.com), gather user feedback through testing, monitor market adoption and continuously improve based on feedback and market dynamics. Additionally, monitoring market adoption and continuously iterating our approach will help validate the market demand and ensure long-term feasibility. Through these validation methods, we aim to deliver a successful project that integrates Cardano native tokens effectively, provides valuable ESG ratings, offers a seamless user experience whilst meeting the needs of the Cardano ecosystem's 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.

Milestone 1: Infrastructure Development (2 months)

Task 1: Conduct research and analysis on Cardano native token integration requirements.

Task 2: Develop the necessary infrastructure for supporting Cardano native tokens on YallaCap.

Task 3: Implement data retrieval mechanisms and APIs for real-time data updates.

Task 4: Set up a secure and scalable infrastructure to handle increased data load.

Milestone 2: Enhanced ESG Ratings (1 month)

Task 1: Research and analyze ESG factors relevant to Cardano native tokens.

Task 2: Develop an ESG rating framework specifically tailored for Cardano native tokens.

Task 3: Implement the ESG rating system within YallaCap's architecture.

Task 4: Test and refine the ESG rating algorithm for accurate and reliable ratings.

Milestone 3: User Interface Design (2 months)

Task 1: Conduct user research and gather feedback on user preferences and needs.

Task 2: Design and develop a user-friendly interface for the Cardano Native Tokens Ecosystem on YallaCap.

Task 3: Implement intuitive navigation, visualizations and filters for token exploration.

Task 4: Conduct user testing and iterate on the design based on feedback.

Milestone 4: Market Insights and Analytics (1.5 months)

Task 1: Research and integrate data sources for market insights and analytics.

Task 2: Develop price charts, trading volume trackers and liquidity indicators for Cardano native tokens.

Task 3: Implement historical performance analysis tools and indicators.

Task 4: Test and validate the accuracy and reliability of market insights and analytics features.

Milestone 5: Token Metrics and Tokenomics Display (1.5 months)

Task 1: Gather and organize comprehensive token metrics and tokenomics data for Cardano native tokens.

Task 2: Design and implement functionality to display token metrics, including supply, staking details, and distribution models.

Task 3: Integrate tokenomics data visualization tools and graphs.

Task 4: Test and ensure the accuracy and relevance of displayed token metrics and tokenomics information.

Expected Timeline - 8 months

Milestone 1: Infrastructure Development - 2 months

Milestone 2: Enhanced ESG Ratings - 1 month

Milestone 3: User Interface Design - 2 months

Milestone 4: Market Insights and Analytics - 1.5 months

Milestone 5: Token Metrics and Tokenomics Display - 1.5 months

Please note that the timeline provided is an estimate and subject to adjustments based on project requirements, resource availability, and potential challenges encountered during the development process.

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

Milestone 1: Infrastructure Development

Deliverables:

Developed infrastructure to support Cardano native tokens on YallaCap

Real-time data retrieval mechanisms and APIs implemented

Secure and scalable infrastructure set up

Outputs:

Seamless integration of Cardano native tokens into YallaCap's platform

Accurate and up-to-date data for Cardano native tokens available to users

Reliable infrastructure capable of handling increased data load

Intended Outcomes:

Seamless user experience while accessing Cardano native token data

Enhanced platform capabilities to support Cardano ecosystem growth

Increased user engagement and adoption of Cardano native tokens on YallaCap

Milestone 2: Enhanced ESG Ratings

Deliverables:

ESG rating framework specifically tailored for Cardano native tokens

Implemented ESG rating system within YallaCap's architecture

Tested and refined ESG rating algorithm for accurate and reliable ratings

Outputs:

Comprehensive ESG ratings for Cardano native tokens

Transparency and accountability in sustainable investment decisions

Valuable information for users to assess the environmental, social, and governance impact of Cardano native tokens

Intended Outcomes:

Encouragement of sustainable investing within the Cardano ecosystem

Differentiation of Cardano native tokens based on their ESG ratings

Empowerment of users to make informed investment decisions aligned with their values

Milestone 3: User Interface Design

Deliverables:

User-friendly interface design for the Cardano Native Tokens Ecosystem on YallaCap

Intuitive navigation, visualizations, and filters for token exploration

Iterated design based on user feedback

Outputs:

Improved user experience and accessibility for exploring Cardano native tokens

Intuitive and visually appealing interface for users to track and analyze token data

User-centric design that accommodates both novice and experienced users

Intended Outcomes:

Enhanced user engagement and satisfaction with the Cardano Native Tokens Ecosystem

Increased ease of use in navigating and analyzing Cardano native tokens on YallaCap

Attraction of a broader user base to the Cardano ecosystem

Milestone 4: Market Insights and Analytics

Deliverables:

Integration of data sources for market insights and analytics

Price charts, trading volume trackers, and liquidity indicators for Cardano native tokens

Historical performance analysis tools and indicators

Outputs:

Comprehensive market insights and analytics specific to Cardano native tokens

Accurate and real-time price tracking and historical performance analysis

Tools to assess market trends, trading volumes, and liquidity for informed decision-making

Intended Outcomes:

Empowerment of users with valuable market information for Cardano native tokens

Facilitation of informed investment decisions based on accurate and up-to-date data

Increased efficiency in tracking and analyzing market trends within the Cardano ecosystem

Milestone 5: Token Metrics and Tokenomics Display

Deliverables:

Comprehensive token metrics and tokenomics data for Cardano native tokens

Functionality to display token metrics, including supply, staking details, and distribution models

Integration of tokenomics data visualization tools and graphs

Outputs:

Accessible and transparent token metrics and tokenomics information for Cardano native tokens

Clear understanding of token supply, staking mechanisms, and distribution models

Visual representations of tokenomics data for enhanced analysis and decision-making

Intended Outcomes:

Facilitation of thorough analysis and evaluation of Cardano native tokens

Increased transparency and understanding of tokenomics for users within the Cardano ecosystem

Empowerment of users to make informed investment decisions based on comprehensive token metrics and tokenomics information

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

Budget Breakdown

Salaries for developers, designers and project managers: 65,560 ADA

Software and development tools: 14,900 ADA

Hosting services and cloud infrastructure costs: 23,840 ADA

Data storage and retrieval costs: 11,920 ADA

Security measures and audits: 8,940 ADA

API integration costs for accessing real-time data sources: 17,880 ADA

ESG rating data advising for Cardano specific ecosystem: 35,760 ADA

Licensing fees for data providers where applicable: 5,960 ADA

UI/UX design fees: 29,800 ADA

Graphic design and visual assets: 8,940 ADA

Testing tools and software: 5,960 ADA

QA resources or services: 8,940 ADA

Marketing campaigns and advertising costs: 14,900 ADA

Community engagement activities: 5,960 ADA

Post-launch bug fixes and updates: 14,900 ADA

Ongoing support and maintenance fees: 8,940 ADA

Allowance for unforeseen expenses or additional development needs: 14,900 ADA

Total Budget: 298,000 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 because it ensures high-quality results, aligns with industry standards and delivers comprehensive features. The budget covers skilled professionals, top-tier tools creation, competitive rates and independent ESG opinions for each project / token listed. Thorough research supports the cost breakdown, and the investment contributes to the growth and success of Cardano. In summary, the project's costs are justified by delivering quality, aligning with standards, and offering valuable features for 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