Data Market Aggregator - From Dubai to the Cardano World.

[GENERAL] Name and surname of main applicant

YallaCap 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)

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)

YallaCap's Cardano data aggregator grants seamless, real-time access, aiding informed decisions and boosting Cardano's prominence in the crypto ecosystem.

[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

Yes, our project's output will be fully open source. Users will have free access to our API, distinguishing us from current competitors in the market.

[SOLUTION] Please describe your proposed solution.

YallaCap's proposed solution is a Cardano-specific data market aggregator designed to address the current limitations in accessing real-time data for Cardano-native tokens.

Comprehensive Data Aggregation:

• YallaCap aggregates real-time data from various sources, providing a holistic view of Cardano-native tokens.
• The platform seamlessly collects and updates information on pricing, trading volumes, and other relevant financial metrics.
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User-Friendly Interface:

• The user interface is designed for accessibility, allowing both knowledgeable investors and new market entrants to navigate and understand the data effortlessly.
• Features include pricing charts, tracking of gains and losses, and comparisons of asset movements across different exchanges.

Cardano-Specific Focus:

• The platform is tailored specifically for Cardano, ensuring that users have dedicated and in-depth insights into Cardano-native tokens.
• This focus enhances the platform's relevance within the Cardano community and attracts users seeking specialized information.

Real-Time Updates:

• YallaCap provides up-to-the-minute data to users, enabling them to make informed and timely investment decisions.
• Continuous monitoring of market trends and developments ensures that users are equipped with the latest information.

Sharia Screening and ESG Measurements:

• YallaCap incorporates Sharia screening, evaluating each token against robust Shariah guidelines to determine its Halal or Haram status. This is especially significant for users in the Middle East.
• Environmental, social, and governance (ESG) measurements are provided by an in-house advisor, allowing users to make informed decisions aligning with ESG principles.

Advertising Revenue Stream:

• YallaCap taps into the advertising revenue stream within the blockchain and cryptocurrency industries, potentially creating a sustainable source of income.
• Learning from successful models like CoinGecko, the platform aims to generate revenue through strategic advertising.

Plug & Play Opportunities:

• YallaCap offers a plug-and-play solution for exchanges and other cryptocurrency-related websites, allowing them to integrate the robust data market aggregator backend.
• This collaboration facilitates community-building and forms partnerships within the cryptocurrency industry.

Experienced Team:

• The project boasts an experienced Web2 & 3 development team with over 30 years of combined experience, ensuring the technical excellence and reliability of the solution.

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

Positive Impact on the Cardano Community

Increased Adoption and Awareness:

• YallaCap's Cardano-specific data aggregator will contribute to increased awareness and adoption of Cardano-native tokens within the broader crypto community.

Informed Decision-Making:

• By providing real-time, comprehensive data, YallaCap empowers Cardano users to make informed investment decisions, fostering a more educated and confident investor base.

Enhanced Credibility and Trust:

• The Sharia screening and ESG measurements contribute to the project's ethical considerations, enhancing credibility and trust within the Cardano community.

Community Engagement:

• Plug & Play opportunities and partnerships with exchanges and other crypto-related platforms create a collaborative environment, fostering community engagement.

Measuring Impact

User Engagement Metrics:

• Track user engagement with the platform, including the number of active users, time spent on the platform, and user interactions.

Adoption Rates:

• Monitor the adoption rates of Cardano-native tokens featured on the platform, reflecting increased interest and usage.

Feedback and Testimonials:

• Collect qualitative feedback and testimonials from users within the Cardano community regarding the platform's utility and impact on decision-making.

Partnerships and Integrations:

• Measure the success of plug-and-play opportunities by tracking the number of partnerships and integrations with exchanges and other crypto-related websites.

Bringing Value to the Cardano Community

Empowered Decision-Making:

• Success will be reflected in users making more informed decisions, leading to increased confidence and participation in the Cardano ecosystem.

Community Growth:

• As the platform becomes a trusted source for Cardano-native token data, it will attract a larger user base, contributing to the overall growth of the Cardano community.

Ethical Investment Practices:

• The integration of Sharia screening and ESG measurements aligns with ethical investment practices, attracting users who prioritize responsible and sustainable investments.

Sharing Outputs and Opportunities

Regular Reports and Newsletters:

• Share regular reports, newsletters, and insights on the Cardano ecosystem through the platform, keeping the community informed about market trends and developments.

Webinars and Events:

• Conduct webinars and events to share insights, educate users on Cardano-native tokens, and discuss the latest trends in the crypto industry.

Social Media and Community Forums:

• Engage with the Cardano community through social media platforms and forums, actively sharing updates, opportunities, and gathering feedback.

Collaboration with Cardano Foundation:

• Collaborate with the Cardano Foundation to amplify the project's impact and share relevant outputs with a broader audience.

[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?

YallaCap's commitment to delivering the proposed project with high trust and accountability is anchored in the proven track record and expertise of the team behind it; Tangent Protocol. With our YallaCap MVP already live for the top 1000 cryptocurrency tokens and coins at yallacap.com, we showcase a tangible dedication to providing a functional and user-friendly platform. The same team has successfully developed numerous live products on the Cardano mainnet, exemplifying our Cardano-specific expertise. To ensure responsible fund management, we prioritize transparent financial reporting, engage in smart contract audits, and actively seek community engagement for feedback and collaboration. With these elements in place, YallaCap stands poised as a trustworthy and accountable contributor to the growth and success of the Cardano community.

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

Development of Cardano-Specific Data Aggregator MVP

Objective: Deliver a Minimum Viable Product (MVP) of YallaCap's Cardano-specific data market aggregator.

Acceptance Criteria: Functional platform with real-time data aggregation for Cardano-native tokens, user-friendly interface, and basic features for monitoring and analyzing token data.

User Feedback and Iterative Enhancement

Objective: Collect user feedback from the MVP, analyze responses, and implement necessary improvements.

Acceptance Criteria: Documented user feedback, implemented enhancements based on feedback, and an improved version of the platform ready for wider testing.

Full Platform Launch with Expanded Features

Objective: Launch the complete version of YallaCap's Cardano-specific data aggregator with expanded features.

Acceptance Criteria: Fully functional platform with additional features such as advanced analytics, personalized user dashboards, and seamless integration of news and expert commentary.

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Community Engagement and Partnership Building

Objective: Actively engage with the Cardano community, seek partnerships with exchanges, and explore collaboration opportunities.

Acceptance Criteria: Evidence of community engagement through forums, social media, and partnerships established with at least one exchange or crypto-related platform.

Continuous Improvement and Optimization

Objective: Implement continuous improvement processes, optimize platform performance, and address any user-reported issues.

Acceptance Criteria: Regular updates addressing platform optimization, documented user satisfaction, and ongoing engagement with the Cardano community.

Final Project Completion Report and Video

Objective: Compile a comprehensive project completion report and create a video summarizing the project's journey, achievements, and impact.

Acceptance Criteria: Detailed project completion report, a professional video outlining the project's milestones, impact, and future plans.

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

Clint Alexander // Chief Technology Officer

• https://www.linkedin.com/in/clint-a-049742233
• Email: calexander@tangent.art
• Responsibilities: Overview, decision-making, development, coding

Bio:

Serial entrepreneur and cryptocurrency enthusiast since 2013. Clint has a background in mining, investment, and digital asset fund management. His expertise includes Solidity back-end smart contract development, and he has served as CEO and manufacturer of Bitcoin SHA256 ASIC miners. Clint has collaborated with prominent Bitcoin mining hardware companies such as Bitmain, Rockminer, and Gekkoscience.

Ben Gordon // Creative Director

• https://www.linkedin.com/in/ben-gordon-352b37232/
• Email: bgordon@tangent.art
• Responsibilities: Overview, decision-making, marketing, development

Bio:

Ben has been a cryptocurrency enthusiast since 2017 and brings diverse experience to the team. His background includes serving as a freelance marketing executive for leading international educational establishments in Asia. Ben was a previous owner of a retail company before transitioning to blockchain project development in 2017. His expertise spans all stages of project development, from brand creation and overall strategy to research, analysis, law, and token creation. He has freelanced on various blockchain projects, including Northern Lights, before co-founding Tangent in 2021.

Recruitment Plan

No additional team members are planned at this stage. The current team combines technical expertise and creative direction, covering key aspects required for the successful execution of the project.

Engagement with Technical Groups

The team has engaged with the Cardano community on Discord and other technical group channels, establishing a direct line of communication with relevant individuals and resources required for the project.

Proof of Life Verifications

Consent has been obtained from team members for public disclosure of information, and the team is prepared for any required 'proof of life' verifications.

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

Development of Cardano-Specific Data Aggregator MVP (30,000 ADA)

• Development Team Salaries: 20,000 ADA
• Software Tools and Licenses: 7,000 ADA
• Contingency: 3,000 ADA

User Feedback and Iterative Enhancement (15,000 ADA)

• User Feedback Collection: 5,000 ADA
• Development Team for Implementation: 8,000 ADA
• Contingency: 2,000 ADA

Full Platform Launch with Expanded Features (20,000 ADA)

• Development Team Salaries: 15,000 ADA
• Additional Features Integration: 3,000 ADA
• Marketing and Publicity: 2,000 ADA

Community Engagement and Partnership Building (7,000 ADA)

• Community Engagement Events: 3,000 ADA
• Partnership Building Expenses: 3,000 ADA
• Contingency: 1,000 ADA

Continuous Improvement and Optimization (5,000 ADA)

• Development Team for Optimization: 3,000 ADA
• User Support and Assistance: 1,500 ADA
• Contingency: 500 ADA

Total Budget: 72,000 ADA

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

The costs outlined for the YallaCap project are carefully structured to provide optimal value for the Cardano ecosystem. The allocation of funds directly corresponds to critical project components, such as the development of a robust Cardano-specific data aggregator MVP, user feedback collection, continuous enhancement, and community engagement. The expertise and experience of our development team, particularly in delivering live products on the Cardano mainnet under Tangent Protocol, justify the budget's proportionality. These costs reflect fair compensation for skilled professionals in the cryptocurrency industry, ensuring that the project attracts and retains top talent. The budget is designed to maximize impact, offering a comprehensive platform that contributes significantly to Cardano's growth in the MENA region and globally. Overall, the project's value for money lies in its strategic allocation of resources to deliver a high-quality, Cardano-specific solution that meets the needs of the community.

https://www.youtube.com/watch?v=pZ6fsQyU19Mhttps://www.youtube.com/watch?v=7KlSk0jvsOshttps://www.youtube.com/watch?v=p4-5JT_yeW8

[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