Last updated 2 years ago
Tekmirio NFT Staking 2.0
Problem
Problem Statement:
The current NFT Staking solutions available for Cardano are too expensive. There should be a FREE solution for NFT projects and ALL users.
Total to date
This is the total amount allocated to Tekmirio NFT Staking 2.0.
About this idea
[GENERAL] Name and surname of main applicant
Chris Nunez[GENERAL] Are you delivering this project as an individual or as an entity (whether formally incorporated or not)
Individual[GENERAL] Requested funds in ada
175000[GENERAL] Please specify how many months you expect your project to last (from 2-12 months)
8[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)
Project Response to the Problem:
Enhance an existing v1.0 Web3 dApp that tracks every NFT in the users wallet and rewards Cardano native tokens for free with a new advertising driven business model.
[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
We are currently working on making all our code open sourced. It will be open sourced by the time this proposal is funded.
[SOLUTION] Please describe your proposed solution.
V1.0 PROJECT
The v1.0 project launched in April 2023 thru Nov 2023 to provide a new NFT Non-Custodial staking capability for Cardano users. It has grown exponentially every month and is already cash flow positive.
LIVE PROJECT
The team has already completed a v1.0 of the Tekmirio NFT Staking Platform. The design goal was to make it as simple as possible and leverage the new JavaScript Development Tools from Helios, Lucid and Koios to deploy a fully functional modern Web3 decentralized application for the Cardano blockchain.
The v1.0 app is live and can be found here
Our website
Tutorial Videos on How to use the Calculator and the Web3 dApp
Below is a really good interview about the project with the Project founder.
https://youtu.be/bjtb0HSFUPs[IMPACT] Please define the positive impact your project will have on the wider Cardano community.
- Free Utility for ALL NFT projects to utilize
- Free for all Community users to earn passive income by staking their entire NFT wallet
- As the platform grows advertising opportunities for other projects will become available to promote their ideas via our AdToken program (not banner ads). We have already tested AdTokens with a real advertiser for 30 days and they got great conversion rates!
[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 development team has already demonstrated that we can deliver a v1.0. Many of these features were planned to be added using Fund 10 but we were rejected even though we received 90M Yes and 60M No votes. We think we have already validated our approach and seek to expand with more features for our growing user base.
[Project Milestones] What are the key milestones you need to achieve in order to complete your project successfully?
Project Timeline and Deliverables for v2.0
Total Amount: 175,000 ADA ($61,250 USD @0.35)
Timeline: 8 months
Use of Proceeds
- Promotions — 42.8% 75,000 ADA($26,250 USD @0.35 )
- Additional Partnerships, Discord Growth, Tekmirio SPO Program
- Twitter Re-tweet Raids, Giveaways, Raffles, HackerGame, Language channels, $RWD Token Liquidity Incentives, NFT Giveaways, Brand Loyalty Program, Onboard New Advertisers
- New Development- 57.4% 100,000 ADA ($35,000 USD @0.35 )
- - CIP 68 NFT Subscriptions Smart Contract and Script Development
- - Calc Tab — Calculator, Reporting and Statistics
- - Admin Tab — Quick changes of Token Reward Calcs per Customer
- - Gov Tab — Governance Proposal, Discussion and Voting
MILESTONE 1
March/April (25%)
1 Discord Moderators (add three new moderators to cover three timezones)
2 Start Tekmirio SPO Program 3X Reward Boost (Phase 1)
3 Tekmirio Brand Loyalty Program (Phase 1)
4 CIP 68 NFT Subscriptions and Script Development
5 Develop command line scripts to mint/burn/edit subscription NFTs
6 Transition from current subscription program to the new CIP-68 NFTs
MILESTONE 2
May/June (25%)
1 Twitter/Discord Followers increase from 600 to 1,500+ (all organic)
2 Tekmirio SPO Program 3X Reward Boost (Phase 2)
3 HackerGame and Governance tabs to replace the current Discord systems
4 Calculator tab to replace the current spreadsheet system
MILESTONE 3
July/August (25%)
1 Onboard New Advertisers with AdTokens and Tekmirio Claim Sponsorship
2 Tekmirio SPO Program 3X Boost for Participating SPOs (Phase 3)
3 Update Admin Tab — for new tokens, emissions, staking and claim logs for managing backend parameter changes with a UI/UX
MILESTONE 4
Sept/Oct (25%)
1 Develop a Raffle Program
2 Enhance Gov Tab — For proposal discussion and voting with AdaHackers.com NFTs
Oct/Nov
Close Out Video
[RESOURCES] Who is in the project team and what are their roles?
Project Team
Chris (Santo)
Stake Pool Operator SANTO received IOG Delegation twice and CF Delegation once since July 2021. Business Development and Technology Executive with 30 years experience in software, material science, medical devices, publishing, printing and graphics. Highly adept in initiating, team building, marketing, product development, finance, research and development and implementing a corporate vision and strategy to create sustainable business value. Awarded 15 patents in software, printing and medical devices. LinkedIn | Twitter
Palmer
25 years of experience in object-oriented software development, design and architecture Full lifecycle experience throughout all positions held Real world experience producing well documented, well tested, reliable and maintainable software with superior performance and limited maintenance costs. Linkedin | Twitter
Nikhil
I’m a freelance smart contracts developer, enthusiastic about sustainable projects providing real value to the Cardano ecosystem. In the past, I worked for four years as a full time professional back-end developer. Working towards a future where we can be more autonomous.
[BUDGET & COSTS] Please provide a cost breakdown of the proposed work and resources.
[VALUE FOR MONEY] How does the cost of the project represent value for money for the Cardano ecosystem?
1) A brand new utility for NFT projects so they dont have to develop a staking platform themselves. We think this is worth Millions.
2) Advertising to users is a new idea with our AdTokens we think will bring significant value to Cardano projects to get a focused message to our growing user base.
3) Our Tekmirio Rewards Program is a way to incentivize users to purchase and interact with all our Tekmirio brand partners. Learn more below.
