User-Friendly Plug-and-Play EVM Node for Streamlined Cardano Ecosystem Interactions

[GENERAL] Name and surname of main applicant

John Valdez

[GENERAL] Email address of main applicant

john@uniscroll.io

Additional applicants

Uniscroll Team & Partners

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

12

[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

Node

[METADATA] SDG rating

SDG 4: Quality Education – This proposal aims to develop a user-friendly Plug-and-Play EVM Node that simplifies blockchain interactions, making it more accessible for individuals and businesses to utilize EVM technology. By providing an easier entry point, the proposal contributes to promoting quality education in the Cardano ecosystem by empowering users to engage with blockchain technology.

SDG 8: Decent Work and Economic Growth – The development and adoption of a user-friendly Plug-and-Play EVM Node can foster job creation and sustainable economic growth within the Cardano ecosystem. By removing barriers to entry and making EVM blockchain technology more accessible, the proposal supports the growth of small and medium-sized enterprises (SMEs) and facilitates an environment for innovation and economic advancement.

SDG 9: Industry, Innovation, and Infrastructure – The proposal's focus on developing a user-friendly EVM Node aligns with SDG 9, as it promotes the adoption of innovative technologies and infrastructure development within the Cardano ecosystem. By simplifying blockchain interactions, the proposal contributes to fostering industry, innovation, and infrastructure necessary for sustainable development.

[IMPACT] Please describe your proposed solution.

Our solution addresses the problem of complexity in EVM blockchain interactions. For many, especially those without extensive technical knowledge, connecting to the EVM network can be a daunting task. We propose to develop a Plug-and-Play EVM Node, a user-friendly platform that simplifies this process. This solution provides an accessible entry point for individuals and businesses to utilize EVM technology and participate in the Cardano ecosystem. Notably, it empowers developers to focus on innovating and creating applications, rather than infrastructure setup, fostering a thriving environment for blockchain innovation. 

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

Our solution addresses the challenge by removing barriers to entry, thus facilitating a more inclusive and diverse ecosystem. By making the EVM blockchain more accessible, we expect an influx of new users and developers who will bring their unique ideas and applications to the Cardano ecosystem. This will strengthen the ecosystem, inspire innovation, and contribute to the overall growth and sustainability of Cardano. 

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

Success will be measured by the number of new users and developers who utilize our Plug-and-Play EVM Node, the quantity and quality of new applications developed, and the increase in transactions within the Cardano ecosystem. We'll also consider user feedback on ease of use and the overall user experience.

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

We plan to publish regular updates on the development process and share final results via blogs, social media, and relevant Cardano and blockchain forums. We also aim to host webinars and workshops to demonstrate the capabilities of our Plug-and-Play EVM Node and educate users on how to best leverage it. The insights gathered from this project will inform our future research and development activities, pushing the boundaries of what's possible in the Cardano ecosystem.

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

Our team consists of experienced blockchain developers, network engineers, and project managers who have collectively delivered several successful projects in the blockchain space. We've previously worked with Cardano, Ethereum and other EVM blockchain platforms, enabling us to leverage our expertise to deliver this solution. We have established procedures to ensure transparent management of funds, including regular financial updates and open lines of communication with our stakeholders.

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

The primary goals for the project are to 

1. Develop the Plug-and-Play EVM Node
2. Launch Proof of Concept/MVP
3. Onboard 5000 users within six months post-launch

To validate our approach, we will conduct iterative testing during development and engage in user feedback for ongoing improvements. We will measure user and dApp growth against our set targets.

[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.

Phase 1: Concept Development and Planning (Month 1)

During this phase, we will define the project scope, gather requirements, conduct market research, and create a detailed development plan for the user-friendly Plug-and-Play EVM Node.

Phase 2: Development and Implementation (Months 2-5)

In this phase, we will undertake the actual development of the EVM Node, integrating Cardano blockchain capabilities, designing hardware components, and building the minimum viable product (MVP) or proof of concept (POC) for testing.

Phase 3: Testing and Optimization (Month 6)

During this phase, comprehensive testing and troubleshooting will be conducted to ensure the reliability, security, and functionality of the EVM Node. We will identify and address any issues or bugs to deliver a high-quality product.

Phase 4: Beta Launch and User Feedback (Months 7-8)

In this phase, we will release a beta version of the EVM Node to a selected group of users, gather their feedback, and analyze their user experience. Based on their input, we will make necessary refinements and enhancements.

Phase 5: User Onboarding and Marketing (Months 9-10)

During this phase, we will focus on user onboarding, providing comprehensive documentation, tutorials, and support to help users understand and utilize the Plug-and-Play EVM Node. Simultaneously, a targeted marketing campaign will be launched to attract high-value participants to the ecosystem.

Phase 6: Review, Refinement, and Full Launch (Months 11-12)

In the final phase, we will review the feedback received during the beta phase, refine the EVM Node based on user input, conduct further testing and optimization, and prepare for the full-scale launch of the product. We will ensure the EVM Node is user-friendly, stable, and ready for widespread adoption.

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

Phase 1: Concept Development and Planning

Deliverables: Project scope and requirements document, detailed development plan

Outputs: Clear understanding of project goals, well-defined development roadmap

Intended Outcomes: Team cohesion, detailed plan for development

Phase 2: Development and Implementation

Deliverables: User-friendly Plug-and-Play EVM Node, implemented hardware components

Outputs: Completed development of the EVM Node, integration with Cardano ecosystem

Intended Outcomes: Fully functional EVM Node, seamless Cardano integration

Phase 3: Testing and Optimization

Deliverables: Comprehensive test plan, bug reports and issue tracking system

Outputs: Thoroughly tested and optimized EVM Node, bug resolution

Intended Outcomes: Reliable and secure EVM Node, high-quality user experience

Phase 4: Beta Launch and User Feedback

Deliverables: Beta version of the EVM Node, user feedback reports and analysis

Outputs: User feedback and suggestions, analysis of user experience

Intended Outcomes: Insights for refinement and enhancement, improved user satisfaction

Phase 5: User Onboarding and Marketing

Deliverables: User onboarding documentation, targeted marketing materials

Outputs: Smooth onboarding experience, targeted marketing campaigns

Intended Outcomes: Seamless user onboarding, attraction of high-value participants

Phase 6: Review, Refinement, and Full Launch

Deliverables: Refined version of the EVM Node, full-scale launch plan

Outputs: Updated EVM Node, preparation for full-scale launch

Intended Outcomes: Polished EVM Node, successful full-scale launch

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

Answer:

EVM Development: $150,000

This budget allocation will cover the development of a user-friendly Plug-and-Play EVM Node that simplifies interactions with EVM blockchains. The focus will be on creating an intuitive and streamlined user experience to encourage wider adoption of EVM technology.

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

1. Hardware Development (500,000 ADA): This budget allocation is dedicated to the design and manufacturing of dedicated hardware components to enhance the performance and reliability of the Plug-and-Play EVM Node. It covers the costs of research, prototyping, production, and quality assurance.
2. MVP/POC (500,000 ADA): Building a Minimum Viable Product (MVP) or Proof of Concept (POC) is crucial to validate the functionality and feasibility of the Plug-and-Play EVM Node. This budget supports the development, testing, and refinement of the MVP/POC to ensure its effectiveness and alignment with project goals.
3. Administration and Project Management (300,000 ADA): Efficient administration and project management are essential for successful execution. This budget covers the costs associated with project management, coordination, documentation, stakeholder communication, and administrative tasks throughout the development process.
4. Audit and Testing (500,000 ADA): Thorough audits and testing are paramount to ensure the security, reliability, and compliance of the Plug-and-Play EVM Node. This budget is allocated for comprehensive audits, security assessments, functional testing, and performance testing to identify and address any vulnerabilities or issues.
5. Contingency (10% of total budget, 50,000 ADA): A contingency fund is set aside to account for unexpected expenses or adjustments that may arise during the development process. This budget ensures flexibility and allows for addressing unforeseen challenges effectively, ensuring the successful completion of the project.

The budget breakdown ensures that the allocated 1,850,000 ADA is distributed across crucial aspects of the development process, including hardware development, MVP/POC, administration and project management, audit and testing, and contingency. This comprehensive budget allocation enables the project to progress smoothly, ensuring the development of a high-quality Plug-and-Play EVM Node.

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

The costs are justified considering the high expertise needed for the development, deployment, and successful operation of the integration. The budget ensures we can attract and retain the necessary talent to deliver a high-quality solution.

The proposed project represents value for money because it will drive significant adoption of the Cardano blockchain within the eCommerce sector, providing a robust use-case for Cardano and stimulating economic activity in the ADA token. By integrating with Shopify, one of the world's largest eCommerce platforms, we expect to bring millions of potential users to the Cardano ecosystem, leading to a significant return on investment for the Cardano community.

[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