WingRiders: Guide to Getting Your Project Recognized in the Tier1 Crypto World

[GENERAL] Name and surname of main applicant

Catalyst Rider

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

Entity (Incorporated)

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

3

[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)

We propose to create a guide for registering protocols and their DApps on crypto platforms like CoinMarketCap, Cardano registries like metadata registry, and scripts verification on e.g. Cardanoscan.

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

The guide will be fully open-source and accessible to anyone through a public repository on GitHub.

Type of license: MIT

[METADATA] SDG rating

N/A

[SOLUTION] Please describe your proposed solution.

The project is centered around two main goals: firstly, to facilitate the registration process for crypto projects on essential tier 1 platforms of the crypto space such as CoinMarketCap, CoinGecko, and Cardano-specific registries, making it more straightforward and accessible. Secondly, the aim is to enhance the visibility and credibility of these projects within and beyond the Cardano ecosystem, thereby contributing to their success and recognition.

The solution enhances the Cardano ecosystem by providing investors with better information for decision-making, improving DeFi transparency and trust, increasing earnings for Stake Pool Operators through increased network traffic and activity, raising visibility for new projects, attracting established projects, and enriching the community's knowledge base and beyond ecosystem recognition

Our proposal aims to empower emerging crypto projects within the Cardano ecosystem by creating a comprehensive public guide. This guide will detail the necessary steps to register and showcase these projects on prominent tier 1 platforms that provide users with comprehensive information and metrics related to the cryptocurrency market, thus enhancing the project’s visibility and credibility.

Key components:

• Comprehensive Guide Creation:
• Develop an in-depth guide that explains how to register a project on various platforms from a technical and organizational standpoint.
• Cover price tracking platforms like CoinMarketCap, CoinGecko, and DeFiLlama, offering insights into both technical and business criteria and processes for getting listed.
• Include steps for technical registrations such as adding token metadata to the Cardano metadata registry and verifying scripts on Cardanoscan and Cexplorer.
• Explain why it is beneficial for crypto projects on Cardano to be listed on these platforms.
• Describe the process of opening a new pool and/or farm on the most popular DEXes on Cardano.
• User-Friendly Format:
• Present the guide in a format that is easy to follow and understand, using layman’s terms where possible.
• Include visual aids like flowcharts, screenshots, and step-by-step walkthroughs to enhance comprehension and ease of use.
• The guide will be multiplatform and mobile-friendly
• Community Input and Regular Updates:
• Incorporate feedback and suggestions from the community to ensure the guide remains relevant and user-friendly.
• Regularly update the guide to reflect the latest changes in the registration processes and criteria.
• Outreach and Accessibility:
• Make the guide freely available online, ensuring easy access for new projects entering the ecosystem, as well as established ones needing a checklist of which steps to cover.
• Promote the guide through various channels within the Cardano community to maximize its reach as well as other blockchain communities to increase the adoption of Cardano and bring new projects in from other ecosystems.

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

The proposed solution provides a concise guide for listing crypto projects on key platforms, enhancing their visibility and credibility within the Cardano ecosystem.

It brings several benefits to the Cardano ecosystem:

• ADA holders and Investors: Enhanced information about projects will lead to more informed investment decisions, opening up better investment opportunities within the Cardano ecosystem and the overall maturity perception of Cardano and its base ADA currency.
• DeFi: Greater transparency and trust in new DeFi pools and tokens will attract more investors, increasing overall traffic and liquidity, which in turn fosters a more robust and vibrant DeFi landscape.
• Stake Pool Operators (SPOs): Increased traffic and activity in the Cardano network, driven by heightened project visibility and investor engagement, will likely result in higher earnings for SPOs due to more substantial staking and transaction processing.
• Emerging projects: Assists new projects in gaining recognition, vital for their growth and success, especially in the early stages.
• Established projects: This makes it easier for established projects to team up with more transparent and validated new projects, as this drives the healthy growth of the ecosystem as a whole. If the established projects have product/s that are aimed at other DApps this increases their user base maturity and thus increases their growth. 
• Knowledge Sharing: Contributes to the collective knowledge base of the Cardano community and drives further collaboration and maturity level on these topics.

We’ll track several metrics to measure the project’s impact:

• Usage Statistics: Track the number of downloads or accesses of the guide, indicating its reach and popularity.
• Project Listings: Monitor the number of projects that successfully get listed on platforms after using the guide, showcasing their practical impact.
• Feedback and Engagement: Collect and analyze feedback from users of the guide to assess satisfaction and areas for improvement. We will collect and share success stories of projects using this guide to easily accomplish the goal of getting themselves listed and recognized as this is the main goal and strongest success metric of this proposal.

The guide will be made available on various digital platforms, ensuring easy access for a broad audience. This includes hosting it on a dedicated website, sharing through crypto-focused forums, and utilizing social media channels that are frequently visited by the Cardano community. In addition, we will collaborate with key influencers and thought leaders within the Cardano ecosystem to extend the reach and impact of our project.

[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 team has extensive experience, particularly demonstrated in our successful integration with these platforms for WingRiders DEX. This expertise positions us uniquely to create a comprehensive and effective guide. We have a deep understanding of the nuances and requirements of these platforms on organizational and technical levels, which will be instrumental in crafting a guide that is both practical and easy to follow for project creators.

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

Milestone 1: Guide For Price-Tracking Platforms

• Description: Create a guide for registering your crypto projects on tier 1 Crypto platforms
• Expected Timeline: 3 weeks
• Outputs: A complete and detailed guide with instructions for registering crypto projects on key price tracking platforms, designed for clarity and accessibility. These platforms include CoinMarketCap, CoinGecko, and DeFiLlama.
• Acceptance Criteria: Completion of the comprehensive guide, covering all steps for registering projects on the mentioned crypto platforms. The guide should include detailed instructions, screenshots, and easy-to-understand language. The guide source material will be available through GitHub.

Guide For Cardano-Specific Registries and Integrations With Prominent Cardano DEXes

• Description: Create a guide for registering your project in the Cardano-specific registries and for integrations with various decentralized exchanges (DEXes) on Cardano.
• Expected Timeline: 2 weeks
• Outputs: A detailed guide with instructions for registering crypto projects on various Cardano registries, such as adding token metadata to the Cardano metadata registry and verifying scripts on Cardanoscan and Cexplorer. The guide will also include detailed instructions on how to open pools/farms on prominent Cardano DEXes, as well as the process for getting your tokens verified on them.
• Acceptance Criteria: Completion of the comprehensive guide, covering all steps for registering projects on the mentioned Cardano-specific registries and integrations with various Cardano DEXes. The guide should include detailed instructions, screenshots, and easy-to-understand language. The guide source material will be available through GitHub.

Guide Publishing and Marketing

• Description: Make the guide available to the public
• Expected Timeline: 2 weeks
• Outputs: Published guide across multiple online platforms, achieving widespread dissemination within the Cardano community, with initial engagement metrics indicating successful reach and user interaction.
• Acceptance Criteria: Successful publication of the guide on designated online platforms, followed by active sharing through social media, Cardano community forums, and collaborations with influencers in the Cardano ecosystem. Measurement of initial engagement metrics such as downloads, shares, and user feedback.

Community Engagement and Feedback Integration

• Description: Engage with the Cardano community by discussing the potential changes to the created Guide. This period is focused on gathering insights rather than active development.
• Expected Timeline: 4 weeks
• Outputs: Collection of substantial feedback from a diverse range of community members. Updated guide based on the gathered feedback.
• Acceptance Criteria: Receipt of feedback that indicates active community engagement and interaction with the guide. The guide is updated and refined based on the collected feedback.

Final Project Completion Report and Video

• Description: This milestone focuses on the creation of a final report and a video showcasing the completed guide
• Expected Timeline: 1 week
• Outputs: A detailed final report documenting the project's journey, challenges, solutions, and benefits. A professionally produced video showcasing the guide, complete with voiceover narration.
• Acceptance Criteria: Completion of a thorough and reflective final report. Video that effectively showcases the guide is accessible to a broad audience.

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

WingRiders engineering team is composed of experienced professionals in blockchain technology and software development. Our team members stand behind projects like Adalite, Yoroi wallet, Emurgo’s first blockchain explorer/indexer, firmware for hardware wallets Trezor and Ledger (bringing them to Cardano), and a whole plethora of FinTech products.

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

Milestone 1:  Guide For Price-Tracking Platforms

• Milestone Budget: ₳ 68,000
• Resource MDs: 
• Software engineer: 30
• Project manager: 1

Milestone 2: Guide For Cardano-Specific Registries and Integrations With Prominent Cardano DEXes

• Milestone Budget: ₳ 60,000
• Resource MDs: 
• Software engineer: 26
• Project manager: 1

Milestone 3: Guide Publishing and Marketing

• Milestone Budget: ₳ 25,000
• Resource MDs: 
• Software engineer: 4
• Marketing specialist: 8
• Project manager: 1

Milestone 4: Community Engagement and Feedback Integration

• Milestone Budget: ₳ 25,000
• Resource MDs: 
• Software engineer: 4
• Marketing specialist: 8
• Project manager: 1

Milestone 5: Final Project Completion Report and Video

• Milestone Budget: ₳ 7,000
• Resource MDs: 
• Project manager: 3

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

1. Enhanced Investor Decision-Making: Providing investors with improved information, leading to more informed and potentially profitable investment choices.
2. DeFi Transparency and Trust: Improving transparency in DeFi, attracts more investment and bolsters the overall DeFi landscape.
3. Increased Earnings for SPOs: The raised network traffic and project visibility directly translate into higher earnings for Stake Pool Operators.
4. Long-Term Benefits: The guide is not just a one-time deliverable; it's a resource that can be updated and reused, providing ongoing value. This means the initial investment continues to yield returns well beyond the project's completion.
5. Expertise and Efficiency: Our team's extensive experience, particularly demonstrated in our work with WingRiders DEX, ensures that the project will be executed efficiently and to a high standard. This expertise means that the project will require less time for revisions and troubleshooting, translating to cost savings.
6. Broad Impact: The guide, once created and disseminated, has the potential to significantly benefit a wide range of projects within the Cardano ecosystem. Facilitating easier access to key platforms can boost the visibility and credibility of numerous projects, enhancing the overall vibrancy and innovation within the ecosystem.

[IMPORTANT NOTE] The Applicant agrees to Fund 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