Enabling 1 Billion Telegram users to make ADA (& $ZEKE) Payments: Profila's Cardano Payment Revolution on Telegram, Powered by Ammer Wallet

[GENERAL] Name and surname of main applicant

Shawn Jensen

[GENERAL] Are you delivering this project as an individual or as an entity (whether formally incorporated or not)

Entity (Incorporated)

[GENERAL] Co-proposers and additional applicants

Victor Ammer, Founder & Chairman - LinkedIn

Sascha Münger, CEO - LinkedIn

Walter Pillittu, COO - LinkedIn

[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] Summarize your solution to the problem (200-character limit including spaces)

Profila's platform brings ADA payments to Telegram via Ammer Wallet, enabling instant ADA transfers between contacts and ADA invoice payments for your business.

[GENERAL] Does your project have any dependencies on other organizations, technical or otherwise?

Yes

[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.”

Dependencies and Prerequisites:

• Ammer Wallet integration: Our primary dependency is on Ammer to onboard the Cardano blockchain into their existing multi-chain wallet platform
• Cardano blockchain support: Ammer needs to complete the technical integration of Cardano, ensuring compatibility with their existing wallet infrastructure
• Profila-Ammer collaboration: As Profila is the go-to-market interface for Ammer Wallet, close coordination between both teams is essential for successful implementation and user experience design
• Technical challenges: Any issues arising during the Cardano integration process will need to be jointly addressed by Ammer and Profila team
• Telegram API compliance: Ensuring the integrated solution adheres to Telegram's API guidelines and terms of service
• Regulatory considerations: Compliance with relevant financial regulations for crypto transactions within messaging app

The project's success hinges primarily on Ammer's timely completion of Cardano blockchain integration and seamless collaboration between Ammer and Profila teams to resolve any technical challenges.

[GENERAL] Will your project’s output/s be fully open source?

No

[GENERAL] Please provide here more information on the open source status of your project outputs

NA

[METADATA] Horizons

Payments

[SOLUTION] Please describe your proposed solution

Our project aims to bring Cardano (ADA) payments to the Telegram messaging platform through the integration of the Ammer Wallet, with Profila serving as the go-to-market interface. Here's how the solution will work:

• Ammer Wallet Integration:
• Ammer, an existing multichain wallet, will onboard the Cardano blockchain into their platform.
• This integration will extend Ammer's current capabilities to include ADA transactions, leveraging their established non-custodial wallet technology where private keys never leave the user's device.

• Profila Interface:
• The Profila platform will be integrated with Ammer Wallet, providing a seamless experience for Telegram users to send and receive ADA.

• Telegram Functionality:
• Users will be able to connect their Profila Ammer Wallet to their Telegram account.
• This connection will enable instant ADA transfers between Telegram contacts.
• Users can send crypto to their Telegram contacts directly within the messaging app, simplifying the transaction process.

• Security and Control:
• As a non-custodial solution, users maintain full control of their funds.
• Private keys will never be transferred over the internet or stored in the cloud, ensuring high security standards.

• User Experience:
• The integration will provide a user-friendly interface for managing ADA within Telegram and in the Profila Ammer Wallet.

• Multichain Capability:
• While initially focused on Cardano, the solution leverages Ammer's multichain capability, potentially allowing for future expansion to other cryptocurrencies, making it simpler to exchange from other currencies to ADA.

• Implementation Process:
• Ammer will complete the Cardano blockchain onboarding into their platform.
• Profila will work closely with Ammer to integrate the wallet functionality.
• Any technical challenges that arise during implementation will be jointly addressed by Ammer and Profila teams.

• Increasing adoption through Telegram Ads
• Ammer has unique access to publish telegram Ads to nearly a billion users, bringing massive adoption potential to Cardano and ADA. We plan to utilise this advertising opportunity to boost the exposure of the project.

This solution addresses the current lack of simple payment and transfer capabilities for Cardano within popular messaging platforms. By bringing ADA payments to Telegram through the Profila Ammer Wallet, we aim to significantly boost Cardano's adoption and usability in everyday transactions.

[IMPACT] Please define the positive impact your project will have on the wider Cardano community

Positive Impact on the Cardano Community:

• Increased Adoption: By integrating ADA payments into Telegram, a platform with close to a billion users, we'll expose Cardano to a vast new audience, potentially accelerating its adoption

• Improved Usability: Simplifying ADA transfers and invoice payments within a familiar messaging app will make Cardano more accessible to non-technical users, broadening its appeal

• Enhanced Utility: Enabling quick, easy personal and invoice payments between contacts will showcase Cardano's practical use in everyday transactions, moving beyond speculative holding

• Community Growth: As more people use ADA for social payments, it could foster a more engaged and active Cardano community within Telegram

• Competitive Edge: This integration will position Cardano alongside other cryptocurrencies that already offer similar features, enhancing its competitiveness in the market

• Real-world Use Cases: The project will demonstrate Cardano's potential for micro-transactions and social payments, opening doors to new use cases and partnership

• Education Opportunity: As users engage with ADA through Telegram, it presents a chance to educate a wider audience about Cardano's benefits and technology

This project aims to bridge the gap between Cardano's technical capabilities and everyday usability, potentially catalysing significant growth and engagement within the Cardano community.

[CAPABILITY & FEASIBILITY] What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?

Our capability to deliver this project with high levels of trust and accountability is rooted in the proven track records of both Ammer and Profila:

• Ammer's Existing Technology: Ammer has already successfully implemented this wallet technology for multiple other blockchains (Ethereum, Bitcoin, Polygon, TON, BNB +6 other layer 1s.), including Telegram payment and Invoice support

• Profila's Grant Experience: Profila brings valuable experience from 10 successfully delivered grant proposals

• Combined Expertise: The collaboration between Ammer's technical prowess and Profila's project management and solution architecture experience creates a strong foundation for successful delivery

To validate our approach's feasibility:

• Technical Proof-of-Concept: We will leverage Ammer's existing implementation for other blockchains to create a rapid proof-of-concept for Cardano integration

• Phased Development: We'll break the project into manageable phases, with clear milestones and deliverables, allowing for regular progress assessment and course correction if needed

• Community Testing: We plan to involve the Cardano community in beta testing, gathering valuable feedback and ensuring the solution meets user need

• Performance Benchmarking: We'll establish performance metrics based on Ammer's experience with other blockchains and continuously measure our Cardano implementation against these benchmark

• Iterative Improvement: Leveraging Profila's experience with past grants, we'll implement an iterative development process, allowing for continuous improvement and adaptation based on real-world testing and feedback

This combination of proven technology, extensive grant experience, and a methodical validation process positions us strongly to deliver a high-quality, trustworthy solution for the Cardano community.

[PROJECT MILESTONES] What are the key milestones you need to achieve in order to complete your project successfully?

Milestone 1: Project Specifications Analysis

Milestone Outputs

• Detailed project requirements document
• Technical architecture design
• Integration plan for Ammer Wallet and Cardano blockchain

Acceptance Criteria

1. Project requirements document approved by both Ammer and Profila teams
2. Technical architecture design reviewed and accepted by Ammer's blockchain experts
3. Integration plan includes clear timelines and resource allocation
4. Risk assessment and mitigation strategies documented
5. Compliance checklist for Telegram API and relevant financial regulations completed

Evidence of Milestone Completion

1. Signed project requirements document (shared via secure document platform)
2. Technical architecture design document with approval signatures
3. Detailed integration plan with timelines (shared via project management tool)

Milestone 2: Implementation and Software Development

Milestone Outputs

• Cardano blockchain integration into Ammer Wallet
• Profila interface development for Telegram integration
• Initial version of ADA transfer functionality

Acceptance Criteria

1. Ammer Wallet successfully recognizes and interacts with Cardano blockchain
2. Profila interface prototype demonstrates basic ADA transfer functionality
3. Security audit of the integration code completed
4. Initial performance benchmarks established and met

Evidence of Milestone Completion

1. GitHub repository with Cardano integration code
2. Demo video of Profila interface prototype (shared via private YouTube link)
3. Security audit report
4. Performance benchmark results document

Milestone 3: Testing and Bug Fixing

Milestone Outputs

• Comprehensive test suite for ADA transfers
• Bug tracking and resolution system
• Beta version ready for community testing

Acceptance Criteria

• Test suite covers all critical user journeys
• All high-priority bugs identified and resolved
• Beta version successfully deployed on Cardano testnet
• Community beta testing program launched

Evidence of Milestone Completion

• Test suite documentation and results
• Bug tracking system report showing resolved issues
• Link to beta version on Cardano testnet
• Community beta testing program announcement and initial feedback summary

Milestone 4: Go Live Preparation

Milestone Outputs

• Final version of Ammer Wallet with Cardano support
• Profila interface fully integrated with Ammer Wallet
• User documentation and support materials

Acceptance Criteria

• Final version passes all security and performance tests
• Profila interface seamlessly integrated with Ammer Wallet
• User documentation covers all features and common troubleshooting
• Support team trained and ready for launch

Evidence of Milestone Completion

• Final test results document
• Demo video of full user journey from Telegram to ADA transfer
• User documentation and support materials (shared via secure document platform)
• Support team readiness report

Milestone 5: Launch and Initial Support

Milestone Outputs

• Public launch of ADA transfers in Telegram via Profila/Ammer
• Initial user adoption metrics
• Rapid response to any post-launch issues

Acceptance Criteria

• Successful public launch with no critical issues
• User adoption metrics collected for first week post-launch
• All critical support tickets resolved within agreed SLA
• Post-launch performance meets or exceeds benchmarks

Evidence of Milestone Completion

• Launch announcement and press release
• First-week user adoption metrics report
• Support ticket resolution report
• Post-launch performance analysis document

Final Milestone: Project Evaluation and Future Planning

Milestone Outputs

• Comprehensive project evaluation report
• User feedback analysis
• Roadmap for future enhancements

Acceptance Criteria

• Project evaluation report includes analysis of all project phases
• User feedback collected and analyzed from at least 500 early adopters
• Future roadmap addresses key user suggestions and market opportunities
• Presentation of project outcomes to key stakeholders

Evidence of Milestone Completion

• Project evaluation report (shared via secure document platform)
• User feedback analysis document
• Future enhancement roadmap
• Recording or minutes of stakeholder presentation meeting

[RESOURCES] Who is in the project team and what are their roles?

Profila Team:

• Project Manager - Luke Bragg (LinkedIn)
• Oversees project execution, coordination with Ammer, and stakeholder communication

• Solution Architect - Shawn Jensen (LinkedIn)
• Designs overall system architecture
• Ensures technical alignment between Profila's interface and Ammer's wallet

• Full Stack Developer - Mateusz Kucharski (LinkedIn)
• Handles both frontend and backend development
• Implements Ammer Wallet API interactions

Ammer Team:

• Project Manager - Walter Pillittu, COO - (LinkedIn)
• Oversees project execution, coordination with Profila, and stakeholder communication

• Blockchain Integration Lead / Solution Architect - Felix Sidokhine (LinkedIn)
• Oversees Cardano blockchain integration into Ammer Wallet
• Coordinates with Profila on technical requirements

• Wallet Security Expert - Private
• Ensures security of non-custodial wallet features
• Implements private key management security measures

• QA Engineer - TBC
• Tests Cardano integration within Ammer Wallet
• Collaborates with Profila's QA for comprehensive testing

[BUDGET & COSTS] Please provide a cost breakdown of the proposed work and resources

Total Budget: $175,000

Development Phase: 6 months

Operational Phase: 12 months

Operational Costs: Support & Run Costs: $48,000

($4,000/month * 12 months for Cardano protocol & related node operations & maintenance)

Development Budget: $127,000 (Total Budget - Operational Costs)

Ammer Team (Budget: $70,800)

1. Project Manager: $18,000
2. ($150/hour, 20 hours/week, 24 weeks)
3. Blockchain Integration Lead / Solution Architect: $24,000
4. ($200/hour, 20 hours/week, 24 weeks)
5. Wallet Security Expert: $18,000
6. ($150/hour, 20 hours/week, 24 weeks)
7. QA Engineer: $10,800
8. ($90/hour, 20 hours/week, 24 weeks)

Subtotal Ammer: $70,800

Profila Team (Budget: $56,000)

1. Project Manager: $14,400
2. ($150/hour, 16 hours/week, 24 weeks)
3. Solution Architect: $19,200
4. ($200/hour, 16 hours/week, 24 weeks)
5. Full Stack Developer: $22,400
6. ($140/hour, 26 hours/week, 24 weeks)

Subtotal Profila: $56,000

Development Phase Subtotal: $126,800

Final Budget Breakdown:

Development Phase: $126,800

Operational Phase: $48,000

Total Budget: $174,800

Rounded to $175,000 representing ca. ADA500000 at $0.35/ADA

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

The cost of this project represents excellent value for money for the Cardano ecosystem for several key reasons:

• Increased Adoption: By integrating ADA payments into Telegram, a platform with nearly a billion users, we're potentially exposing Cardano to a vast new audience

• Enhanced Utility: Enabling quick, easy payments between Telegram contacts showcases Cardano's practical use in everyday transaction

• Leveraging Existing Technology: By building on Ammer's existing multi-chain wallet technology, we're able to add Cardano support efficiently, maximising the return on investment

• Long-term Growth: The 12-month operational support ensures sustained functionality and user satisfaction, laying the groundwork for long-term ecosystem growth

• Real-world Use Case: Demonstrating Cardano's potential for micro-transactions and social payments opens doors to new partnerships and use cases, potentially leading to further ecosystem growth and ADA value appreciation

• Cost-Effective User Acquisition: The cost per potential new user (considering Telegram's vast user base) is extremely low compared to traditional user acquisition methods in the crypto space

In essence, this project offers the Cardano ecosystem a high-impact, low-cost opportunity to significantly expand its user base, enhance its utility, and strengthen its market position. The potential returns in terms of adoption, usage, and ecosystem growth far outweigh the initial investment, making it an exceptionally valuable proposition for the Cardano community.