Provide an intermediary platform that helps users without blockchain knowledge still have easy to track transaction history for NFTs, increasing the safety of NFT transactions.

[GENERAL] Name and Surname of Main Applicant

Nguyen Tien Tung

[GENERAL] Email address of Main Applicant

tientung03.nttvn@gmail.com

Additional Applicants

Son Nguyen

Email:son211204228@lms.utc.edu.vn

Khuat Dinh Thanh

Email:thanh211200866@lms.utc.edu.vn

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

5

[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 outputs 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

NFTs

[IMPACT] Please describe your proposed solution.

We will build an intermediary platform to track transaction history, NFT ownership on the Cardano Blockchain to solve some of the following issues:

• Help users retrieve and authenticate the origin of asset ownership, transaction history information of assets for users, bringing safety to the execution of transactions on users' NFT assets.
• Manage the assets in the user's wallet 
• Help users avoid NFTs sold at wrong prices, price tags, from fraudulent cases because they can see the amount of NFT sold through each person's hands
• Make it easy for platforms to integrate our platform and use it easily
• Our project will provide users with several features:Connect wallet on platform
• Copyright registration for digital assets
• Display a list of assets in the wallet
• Before users make transactions or when there are questions about ownership of NFT assets, users can double-check the origin information of ownership of the asset by querying the information on the platform, check the transaction history of the asset to get the correct judgment about that asset.

This project will provide Cardano with an intermediary platform to help trace and authenticate the origin of ownership of NFT assets on the Cardano Blockchain. Users will feel safer knowing the source of ownership of the asset, thereby deciding to make transactions on NFT exchanges. Since then, the Cardano community has developed in an increasingly positive trend, no longer negative behaviors that cause loss of user attraction.

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

Our solution directly solves the worrying challenge of many people when making transactions on exchanges that buy fake assets, unknown origin for the purpose of helping users authenticate the origin of NFT ownership, tracking transaction history brings safety and transparency in transactions. 

Contribute to bring a number of benefits to the community such as:

• Provide an intermediary platform to track transaction history: we will create a platform b to help users verify the origin of NFT ownership, track transaction history, copyright registration for digital assets. 
• Users' participation: providing an intermediary platform that helps verify ownership and NFT transaction history for people without blockchain knowledge that is easy to use and secure for transactions will help increase the number of people participating in the platform. 
• Positive user’s feedback: Providing users with an NFT validation checker before making a transaction, it brings safety in trading to users, thereby bringing a lot of positive feedback on the platform.
• Development Community: Our platform aims to build a community include quality NFT assets that enhance the credibility of the community, thereby more people will participate in the community, promoting the development of the community.

Conclusion, we are startup students who always want to contribute a lot of benefits to the community.

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

We will measure the success of our project:

• User's participation: The number of users participate in using the platform.
• Community feedback: The number of users on platform feedback is one of the important factors to evaluate the success of the project by user feedback will provide us with information about the quality of our service, reviews about the features that our service provides, suggestions for us to improve our products.
• Develop community: The number of people who know and join Cardano through our platform. 

In short, by the criteria that we set, we are sure that our project will be successful soon.

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

Plans to share our output of project:

• Implement the marketing campaign, product advertising. 
• Implement promotional events, discounts on services provided to users in order to attract users to the project.
• Create videos posted on social networking platforms such as Facebook, YouTube, twitter to serve as documents to introduce and guide users to use the platform's functions.

The following are the outputs of the project:

• A tracking ownership platform: we will create platforms that will facilitate the identification of ownership and retrieval of NFT transaction history bring safe, transparent and quality transactions to the platforms. 
• Disseminating knowledge about blockchain technology: Many people in Vietnam do not have access to the Blockchain field in terms of business, buying and selling on the platform, therefore by this project, we want to help spread knowledge and be able to do business on this network platform.

Next development direction:

• dApp development: Build an NFT Marketplace that incorporates the project's features to provide users with a secure trading experience.
• Expand service: Expand the NFT Marketplace by providing additional services and new features. For example, you can create a platform that allows users to create their own NFTs from various types of assets like images, videos, music, and even open-source code.
• Cooperate with artists and brands: Build relationships with, and pioneers in the NFT field to create a strong community and attract users. Organize digital art exhibitions, online events, or collaborations to develop unique products and introduce them to the community.
• Expansion into new fields: Explore new application fields for NFT technology, such as education, real estate, sports, or music. This can open up new business opportunities and attract potential partners.

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

Here are some pieces of evidence showcasing our capabilities to execute the project:

• Expertise and Experience: Our team members include two professionals as an instructor, with several years of experience in the Blockchain field and success in funding calls in fund phases 6, 7, and 8. Additionally, there are 3 students who have experience working on and developing the Cardano blockchain. They have programming experience with languages such as Haskell, Plutus, Python, PHP, Java, etc. They also have experience participating in research projects to build applications on the Cardano blockchain platform.
• We have been funded for 8 proposals (Fund6: 1, Fund7: 3, Fund8: 4) . All 8 projects have been successfully implemented, delivering impacts beyond expectations and marked as completed on IOG's tracking board (https://docs.google.com/spreadsheets/d/1bfnWFa94Y7Zj0G7dtpo9W1nAYGovJbswipxiHT4UE3g/edit#gid=416498551 ). 
• Some of reports for our activities in scientific research:
• Report 1: https://s.net.vn/gBBa
• Report 2: https://s.net.vn/xT9b
• Report 3: https://s.net.vn/D97p
• Transparent Governance and Communication: We believe in maintaining transparency throughout the project lifecycle. We will establish clear communication channels to keep stakeholders informed about project updates, progress, and challenges. Regular reports and updates will be shared to ensure transparency and accountability.
• Financial management: Effective fund management is extremely important. To demonstrate responsible fund management for a project, we will follow the following steps and procedures:
• Budget planning: We will develop a detailed budget plan outlining the allocation of funds for each milestone and activity of the project. This plan will be shared with stakeholders for review and approval.
• Financial control: We will establish strong financial control measures to ensure that funds are used in accordance with the approved budget. This includes maintaining accurate records, implementing cost monitoring mechanisms, and conducting regular audits.
• Escrow services: To enhance trust and accountability, we may engage the services of a reliable third-party escrow provider. This will ensure that funds are released based on achieving predetermined milestones and defined outcomes.
• Transparent reporting: Regular financial reports will be prepared and shared with stakeholders, providing visibility into the project's financial status. These reports will include details on costs, income, and any deviations from the budget.
• Compliance and legal considerations: We will adhere to all legal requirements and regulations pertaining to financial management, ensuring proper governance and compliance throughout the project.

By combining our expertise, transparent management practices, financial control, and a commitment to open communication, we are confident in our ability to deliver the project with a high level of reliability and accountability.

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

We have several goals:

• Provide an intermediary platform to help solve NFT ownership disputes, buy fake NFTs, enhance NFT quality, increase active community contributions.
• Increase user participation on platform.
• Increase the amount of positive feedback about the tool from which to develop the perfect platform.  
• Increase the number of people who know about Cardano participating in Cardano.

To validate the feasibility of the approach, we will undertake the following steps:

• Technical verification: The team will conduct strict protocol testing to ensure smooth operation of the tool. 
• User testing and feedback: We will perform user testing to gather feedback on the platform's usability. We will actively seek input from individuals, analyze their experiences, and make necessary improvements based on their feedback.
• Continual improvement: We are committed to continuously improving the platform based on the results of technical verification and user feedback. This iterative process will ensure that the platform meets the needs and expectations of its users.
• Iterative development: Our development process will follow an iterative approach, expanding the scope across the entire territory of Vietnam to gather feedback. Additionally, we will continuously validate and adjust our approach throughout the project's lifecycle.

[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 (1 month)

• Analyze goals and user requirements.
• Define the web's infrastructure and architecture.
• Develop wireframes, sitemaps, and design the user interface (UI) and user experience (UX). 
• Identify project team members and assign roles and responsibilities.

Milestone 2: Platform Development and Testing Phase 1 (1 months)

• Design and develop the user interface for the platform.
• Develop the backend functionality.
• Basic improvement of the website
• Complete ownership tracking modules.
• Complete the UI, UX part of the website.

Milestone 3: Platform Development and Testing Phase 2 (1 months)

• Develop the user interface for the platform.
• Develop copyright registration (mint, burn, lock NFT, …)
• Integrate with Cardano wallet.
• Integrate available APIs to handle notifications and interact with various third-party services.
• Conduct testing on the testnet and ensure security measures are in place.

Milestone 4: Launch and Marketing Strategy (1 month)

• Deploy the platform in a production environment.
• Engage with the community through social networks, forums, and events.
• Collect user feedback and encourage user contributions.
• Monitor platform usage and make necessary improvements.

Milestone 5: Improvements and Iterations of User Experience (Ongoing)

• Continuously improve the user experience based on user feedback.
• Introduce mining features based on user input.
• Address and resolve any identified issues to enhance security and performance.

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

Milestone 1: Project Initiation and Planning 

Deliverables:

• Completed project plan, including user goals, requirements.
• Define the technical architecture and infrastructure.
• Develop wireframes and design prototypes for user interfaces.
• Assign tasks to members 

Outputs:

• Project plan documents. 
• Architecture and infrastructure 
• Duties and responsibilities of each member.

Intended Outcomes:

• Determine the project scope and implementation plan.
• Clear roles are assigned to the team members.
• Understanding of the underlying framework for the given problem statement

Milestone 2: Platform Development and Testing Phase 1

Deliverables:

• Design and develop user interface.
• Implement the necessary supporting infrastructure to facilitate the functions.
• Integrate APIs

Outputs:

• Friendly, beautiful user interface
• UX, UI files

Intended Outcomes:

• Finish user interface
• Finish UX, UI drafts
• Integrate APIs, build functions for the platform.

Milestone 3: Platform Development and Testing Phase 2

Deliverables:

• Develop the user interface for the platform.
• Develop copyright registration (mint, burn, lock NFT, …)
• Integrate with Cardano wallet.
• Integrate available APIs to handle notifications and interact with various third-party services.
• Test and deploy on testnet network.

Outputs:

• Friendly, beautiful user interface
• Users can use the platform on testnet
• Test reports and documentation

Intended Outcomes:

• The platform operates on a testnet. 
• Test report documents

Milestone 4: Launch and Marketing Strategy

Deliverables:

• The deployed platform is accessible to the Cardano community on the mainnet.
• Interact with the community through social media, forums, and events, and launch communication campaigns to promote the platform.
• Collect user feedback and monitor platform usage

Outputs:

• The platform is accessible on the mainnet.
• Engage with users through seminars, events, communication campaigns, and forums.
• Report on user feedback and satisfaction

Intended Outcomes:

• Deploy the platform into a production environment.
• Users actively utilize the platform.

Milestone 5: Improvements and iterations of user experience

Deliverables:

• Implement features based on user feedback. 
• Improved user experience
• Maintenance and improvement of the platform

Output:

• Features based on user feedback. 
• Make sure the platform runs smoothly. 
• Enhance user experience. 

Intended Outcomes:

• Make sure the platform runs smoothly.
• Improve user experience through community feedback.

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

Budget:

Milestone 1:  Project Initiation and Planning 

Research resources: 1600 ADA 

This includes expenses related to conducting market research and analysis to validate the demand for the platform marketing solutions within the Cardano ecosystem, manage our project.

Milestone 2: Platform Development and Testing Phase 1 

Development resources:  4000 ADA

This includes the cost of UI, UX designer, software engineers, blockchain advisors, project manager, operations, and infrastructure on the technical proof of concept.

Milestone 3: Platform Development and Testing Phase 2

User testing resources: 5600 ADA 

This includes expenses related to software engineers, blockchain advisors, project manager, operations, and infrastructure on the technical proof of concept. 

In addition, to recruiting a group of users for testing and gathering feedback on the platform (MVP)

Milestone 4: Marketing & Business Development

Development resources: 4000 ADA

This includes feature enhancement costs based on user feedback, management, community participation, and implementation of collaboration features.

Milestone 5:  Improvements and Iterations of User Experience

Marketing resources: 800 ADA 

This cost includes the cost of preparing documents for the launch of the platform and manage our project.

Total: 16000 ADA 

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

• The staffing cost for this project is based on the average salary in Vietnam and has been reviewed and approved by experts to ensure suitability for the project.
• The budget includes funds allocated to staffing, platform development, and hiring experienced professionals to deliver high-quality results.
• Costs are based on industry standards and reasonable compensation, taking into account median salaries and rates of freelance work in the tech and digital arts sectors.
• The goal of the project is to provide resources and opportunities to promote the creation of intellectual products and their development in the Cardano community. By aligning costs with these goals, budgets ensure efficient allocation of resources and maximize project impact.

[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