Last updated a month ago
Several Cardano projects are investing a lot of resources in building their own token-gating platforms and solutions. This makes it more expensive to build on the ecosystem.
This is the total amount allocated to VAULT3 - Open source SDK to easily add token-gated content to any Cardano dapp or project. 5 out of 5 milestones are completed.
1/5
SDK - Development started
Cost: ₳ 50,200
Delivery: Month 1 - Apr 2024
2/5
SDK - Token Gate Unlocking
Cost: ₳ 41,800
Delivery: Month 2 - May 2024
3/5
SDK - Create Token Gate
Cost: ₳ 41,800
Delivery: Month 3 - Jun 2024
4/5
SDK - Brandable UI
Cost: ₳ 41,800
Delivery: Month 4 - Jul 2024
5/5
SDK - Beta Release and refinements
Cost: ₳ 41,800
Delivery: Month 5 - Aug 2024
NB: Monthly reporting was deprecated from January 2024 and replaced fully by the Milestones Program framework. Learn more here
A JavaScript SDK that's easy to integrate, brandable, and fair in pricing, which allows any project to use VAULT3's APIs to seamlessly manage and distribute token-gated content with their communities.
No dependencies.
Apache License. We want to offer the source code to any project that also needs to create an SDK to offer their services. This should lower the entry cost for new projects to build on Cardano.
An SDK is the most convenient way to offer a seamless token-gating experience. Users don't have to leave the dapps and websites they are originally visiting, and the whole unlocking experience matches the branding of the solution that integrates the VAULT3 SDK.
This solution will offer a UI that's connected with our APIs to easily create token-gated spaces with customizable access conditions, and also the unlocking functionalities for token holders to access the exclusive content.
Our impact becomes evident as influencers, content creators, and organizations utilize and integrate VAULT3 to amplify their interaction with their communities, thus adding RealFi utility to native tokens effortlessly.
We are providing infrastructure to easily token-gate exclusive content and reward communities. This is especially relevant for creators and projects with tokens (FTs and NFTs).
We defined key success milestones based on the number of integrations, active users (content creators and receivers), and shared data (bandwidth) to measure the success of VAULT3.
Short-term KPIs (Q2 2024):
+ 5 integrations
+ 100 monthly active users
+ 100 GB shared (bandwidth)
Mid-term KPIs (Q4 2024):
+ 20 integrations
+ 1000 monthly active users
+ 10 TB shared (bandwidth)
Long-term KPIs (2025):
+ 100 integrations
+ 10000 monthly active users
+ 100 TB shared (bandwidth)
Since this project is developed by Cardano SPOs, our plan is to build strong partnerships within the Cardano ecosystem. VAULT3 should be a tool that won't only enhance the RealFi utility of Cardano's native assets but also revolutionize the way content creators and projects interact with their communities.
After delivering the proposed milestones, we plan to share the project’s outputs with well-known Cardano projects and influencers to build a strong user base that will profit from the value that our project will bring to the space.
Who are we
The VAULT3 team features on-chain confidentiality experts with a strong background in full-stack web development and data science. We also count on the support of LaPetiteADA, a well-known SPO and Cardano influencer, advising us on marketing, community management, and use cases for content creators.
What we have built in the past
We are seasoned web developers with more than 10 years of joined experience. We have in our web3 portfolio a confidential NFT launchpad called Geniish on the Oasis Network, which was built in less than 6 months. During, the development of Geniish, we also won second place in a 5-day hackathon with a confidential web3 chat called Momentum which uses Oasis' Sapphire ParaTime.
Cardano SPOs and builders
Furthermore, Vito Melchionna and Carolina Isler (LaPetiteADA) are the SPOs of GranADA Pool, and they are also active members of the Climate Neutral Cardano Alliance. In collaboration with the Tetikasa Ala NGO, this alliance of SPOs created the CNC Ala. Which is a permaculture project in Madagascar planting 100k trees to offset Cardano's CO2 emissions, while improving the food security of local communities. This project was funded with donations (25% of each SPO's rewards) via the world's first impact staking ISPO in collaboration with NEWM, Yummi Universe, Cardano Proxies, Earth Natives, Mada's Lemurs, and DripDropz.
Steps and processes
We will implement the SCRUM framework for the agile development of the product. By defining 3-week sprints with set goals, features, and working time, we can easily keep track of the progress and fund distribution to successfully deliver VAULT3 within the expected period. We aim to sync our project management process with Catalyst's committee to provide full transparency on the development and to keep track of the invested funds.
SDK - Development started
>Timeline: 1 month
>Acceptance Criteria: Infrastructure setup and available on a public GitHub repo. Account creation, login, and management implemented.
>Budget: TBD
SDK - Unlocking UI/UX (relevant for creators and projects)
>Timeline: 1 month
>Acceptance Criteria: Token-gated content can be unlocked by users.
>Budget: TBD
SDK - Create Spaces (relevant for NFT infrastructure platforms)
>Timeline: 1 month
>Acceptance Criteria: Spaces can be created with customized access conditions and exclusive files.
>Budget: TBD
SDK - Brandable UI
>Timeline: 1 month
>Acceptance Criteria: SDK form can be customized to offer a seamless UI/UX experience
>Budget: TBD
Beta Release and refinements
>Timeline: 1 month
>Budget: TBD
Aaron Schmid: Co-Founder
Roles: Full stack development, UI/UX design, team lead.
Bio: Aaron Schmid is a brilliant data scientist and a smart contract developer. Before founding the Geniish Protocol, he has been working as CTO for a Swiss MedTech solution. Aaron will be key for our product development and multichain plans.
Vito Melchionna: Co-Founder
Roles: Full Stack Development, UI/UX design, content creation, sales.
Bio: Vito is a polyglot, co-SPO of GranADA pool, and a full-stack developer with more than 7 years of experience. After co-founding the Geniish Protocol, a confidential NFT launch pad, he's ready to build privacy-enabled solutions on Cardano.
Carolina Isler: Co-Founder
Roles: Marketing strategy, community management, content creation, PR (partnerships and sales).
Bio: Carolina (a.k.a. LaPetiteADA) is a well-known #Cardano influencer and co-SPO of GranADA pool. She is an incredibly talented content creator and a self-taught community manager and marketing strategist with more than a year of experience. Carolina has a consolidated community and valuable network in the ecosystem, and she will ensure that VAULT3 stays as close as possible to our users.
Milestone 1:
Milestone 2:
Milestone 3:
Milestone 4:
Milestone 5:
Notice: All ADA prices are calculated from EUR with a ₳ price of 0.30€ as a worst case. The exact hours and calculations can be seen in our budget sheet below. Any budget surplus due to speculative price actions would gladly be returned to the Catalyst fund as soon as the final milestone is delivered.
Get access to our detailed budget plan:
🔗 VAULT3 (Discover our web3 data-gating service 🔐)
🔗 Google Drive (Centralized, No data privacy, Boring 👎)
We are a highly skilled and seasoned team with more than 10 years of joined experience. Furthermore, we studied software engineering in Swiss technical universities.
Since the entire team is based in Zurich, Switzerland. We estimated our costs based on average senior software developer (outsourced freelancer) salaries in Europe: €100.- per hour.
We also considered the risk of a 15% fall in ADA prices in the budget.