Development of Cardano Index API

[GENERAL] Name and surname of main applicant

Linkage Finance Team

[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)

Our solution is to develop a standardized Cardano Index API that offers easy integration of market data, empowering developers and users to track and analyze Cardano token performance effortlessly

[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

Project will be fully open source.

[SOLUTION] Please describe your proposed solution.

In summary, our proposed solution addresses the challenge by providing a reliable and user-friendly Cardano Index API that facilitates developer participation, enhances productivity, encourages open-source projects, fosters collaboration, and demonstrates Cardano's commitment to developer support. These benefits contribute to the growth and advancement of the Cardano ecosystem as a whole.

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

By providing a reliable and user-friendly Cardano Index API, our proposed solution addresses the challenge of attracting developers from outside the current Cardano community to participate in Catalyst. This API serves as essential infrastructure that lowers the entry barrier for developers, allowing them easy access to Cardano market data and enabling them to build applications on top of Cardano more efficiently.

The benefits of this project to the Cardano ecosystem are numerous. They include:

1. Lowering the entry barrier for developers: The Cardano Index API provides a standardized and accessible way for developers to integrate Cardano market data into their projects. This ease of access encourages more developers, including those unfamiliar with Cardano, to participate in building on the blockchain.
2. Increasing developer activity on Cardano: With the Cardano Index API, developers will have the necessary tools and information to create innovative applications on top of Cardano. This increased developer activity leads to the growth of the Cardano ecosystem and expands its reach to new use cases and industries.
3. Encouraging open-source projects: By providing a basic API and limited documentation, we foster the development of open-source projects on Cardano. The availability of the Cardano Index API will inspire developers to create analytics tools, explore data-driven insights, and contribute to the open-source community.
4. Fostering collaboration within the Cardano community: The Cardano Index API empowers developers to create analytics tools and share their findings, fostering collaboration and knowledge exchange within the Cardano community. This collaboration enhances the overall ecosystem by encouraging the development of new solutions and driving innovation.
5. Demonstrating commitment to developer support: By investing in the development of the Cardano Index API, we showcase Cardano's commitment to supporting developers. This dedication to developer support not only attracts more developers but also nurtures a growing developer community that contributes to the long-term success and adoption of Cardano.

[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?

Linkage Finance has a dedicated team of experienced developers with a deep understanding of blockchain technology and expertise in building decentralized applications. We are committed to delivering high-quality projects with transparency, accountability, and adherence to best practices. While the proposed budget is limited, we will prioritize essential development tasks and leverage open-source resources to maximize the project's outcomes.

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

Milestone 1: API Development and Security Implementation

• Develop the Cardano Index API with essential endpoints.
• Implement basic security measures, including authentication.
• Conduct internal testing.

Milestone 2: Integration with Linkage Finance's Index Tracking System (1 month)

• Integrate the Cardano Index API with Linkage Finance's index tracking system.
• Verify data accuracy and consistency.
• Perform limited testing.

Milestone 3: Basic Documentation and Developer Support (1 month)

• Create basic documentation and guides for developers.
• Establish support channels for developers' queries.
• Provide limited developer support.

Milestone 4: Optimization and Performance Testing (1 month)

• Optimize the Cardano Index API for reasonable performance.
• Conduct limited performance testing.
• Implement necessary improvements based on test results.

The feasibility of this approach will be validated through rigorous testing, code reviews, and integration with real-world use cases. Feedback and engagement from the Cardano developer community will also play a crucial role in refining and improving the API.

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

Our project team consists of skilled individuals with expertise in blockchain development, API implementation, and project management. The team members and their respective roles in the proposal's work are as follows:

1. Project Manager: Responsible for overseeing the entire project, coordinating team efforts, and ensuring timely completion of milestones. The project manager will also handle communication with stakeholders and manage project documentation.
2. Lead Developer: A senior developer with extensive experience in blockchain development. The lead developer will be responsible for the overall technical implementation of the Cardano Index API, including designing and coding the API endpoints, integrating the API with external systems, and ensuring its functionality and security.
3. Support and Maintenance Specialist: In charge of providing ongoing support and maintenance for the Cardano Index API. This team member will address any critical issues reported by developers, handle bug fixes and compatibility updates, and ensure the API remains functional and up to date with the evolving Cardano ecosystem.

Together, the project team will collaborate to ensure the successful development, integration, documentation, testing, support, and maintenance of the Cardano Index API, working towards the project's goals and delivering the desired outcomes.

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

The proposed budget for this project is 30,750 ADA and will be allocated as follows:

1. Development and Integration: 18,000 ADA
2. Documentation and Support: 4,500 ADA
3. Optimization and Performance Testing: 4,500 ADA
4. Maintenance and Support: 3,750 ADA

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

Given the limited budget, the project will focus on delivering essential features and functionality to provide value for the Cardano ecosystem. While the scope may be constrained, the proposed Cardano Index API will still contribute to lowering the entry barrier for developers and foster collaboration within the Cardano community. The cost represents value for money by providing the necessary infrastructure to attract developers and enable them to build on top of Cardano.

[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