Multi-Currency Crowd Funding DApp: Empowering Projects to Raise Funds in ETH, SOL, USD, and ADA while Facilitating Seamless Receipt of ADA Contributions

[GENERAL] Name and surname of main applicant

michael weston

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

Entity (Not 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)

Birble AI's Multi-Currency Crowd Funding DApp enables seamless fundraising in multiple currencies on the Cardano blockchain, driving project growth and fostering financial inclusivity.

[GENERAL] Does your project have any dependencies on other organizations, technical or otherwise?

Yes

[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.”

We plan to collaborate with NMKR Studio to leverage their API/SDK in our project implementation.

[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 open-source nature of our project outputs is a core tenet of our approach. All the code, documentation, and tools developed through the Birble AI crowd funding dapp grant proposal will be released under an open-source license. This means that the entire development process, from conceptualization to execution, will be transparent and accessible to the public.

We firmly believe in fostering a collaborative environment within the tech community. By making our project open source, we aim to encourage contribution, feedback, and innovation from a diverse group of developers, enthusiasts, and stakeholders. This approach aligns with our commitment to inclusivity and the democratization of knowledge in the web3 and full stack development realms.

Our collaboration with DirectEd and Remostart involves not only creating impactful technology but also nurturing the next generation of developers. As part of our commitment to education, the open-source nature of our project will provide a valuable learning resource for student interns. They'll have the opportunity to engage with real-world code, gain hands-on experience, and contribute meaningfully to an active project, enhancing their skills in web3 and full stack development.

In summary, our project outputs will be openly accessible to the community, promoting collaboration, innovation, and education in the burgeoning fields of web3 and full stack development.

[METADATA] SDG rating

SDG rating:

SDG Goals

8 - Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all employed within our ecosystem

11 - Make workplace, resilient and sustainable

SDG Subgoals

8.2 - Achieve higher levels of economic productivity through diversification, technological upgrading and innovation, including through a focus on high-value added and labor-intensive sectors

Key Performance Indicator (KPI)

8.2.1 - Annual growth rate of real GDP per employed person

[SOLUTION] Please describe your proposed solution.

Birble AI's proposed solution is a Multi-Currency Crowd Funding DApp on Cardano, addressing the limitations of traditional fundraising methods and unlocking new possibilities for project growth and financial inclusion.

Base product / POC: https://birblecrowdfund.netlify.app//

The problem we perceive is the restricted access to funding options, which often limits the potential of innovative projects. By offering a Multi-Currency Crowd Funding DApp, we aim to democratize fundraising and empower a diverse range of projects to access capital in a seamless and inclusive manner.

Our approach is unique in that we leverage the power of Cardano, a blockchain platform known for its scalability, security, and interoperability. By utilizing Cardano's smart contract capabilities and integrating multiple currencies like ETH, SOL, USD, and ADA, our solution provides flexibility and broader fundraising opportunities for project creators.

The beneficiaries of our solution are manifold. Startups, entrepreneurs, artists, and innovators from various sectors can leverage our Multi-Currency Crowd Funding DApp to attract global investors, receive contributions in multiple currencies, and foster the growth of their initiatives. This inclusivity and access to diverse funding sources can fuel innovation and economic development within the Cardano ecosystem.

The significance of our solution to Cardano lies in its alignment with the platform's vision of enabling decentralized applications and fostering financial empowerment. By introducing a Multi-Currency Crowd Funding DApp, we contribute to Cardano's ecosystem growth, attract more users, and enhance its reputation as a leading blockchain platform for innovative projects.

To demonstrate our impact, we will track and showcase key metrics such as the number of projects successfully funded, the total value of contributions, and the diversity of currencies utilized. Additionally, user feedback, adoption rates, and case studies will validate the effectiveness of our solution in addressing the funding challenges faced by projects on Cardano.

Birble AI's vision for a Multi-Currency Crowd Funding DApp on Cardano represents a pioneering solution that redefines fundraising in a decentralized landscape. Our partnership with DirectEd and Remostart extends beyond just creating a crowdfunding platform; it's about empowering the next generation of developers and innovators.

Traditional fundraising methods often limit the potential of groundbreaking projects due to restricted access. Our Multi-Currency Crowd Funding DApp aims to break these barriers, democratizing fundraising and offering a seamless, inclusive avenue for projects to access capital and grow.

Harnessing Cardano's robust infrastructure renowned for scalability, security, and interoperability, our solution's backbone lies in smart contract capabilities and the integration of multiple currencies like ETH, SOL, USD, and ADA. This unique approach provides flexibility and broader fundraising opportunities for project creators, while also contributing to Cardano's ecosystem growth.

The impact of our DApp reaches far and wide. Startups, entrepreneurs, artists, and innovators from diverse sectors can utilize our platform to attract global investors, receive contributions in multiple currencies, and fuel the growth of their initiatives. This inclusivity not only drives innovation but also fosters economic development within the Cardano ecosystem.

Our solution aligns seamlessly with Cardano's vision of decentralized applications and financial empowerment. It bolsters the ecosystem's growth, attracts users, and enhances Cardano's reputation as a leading blockchain platform for innovative projects.

To showcase our impact, we'll track key metrics such as successful project funding, total contribution values, and currency diversity. User feedback, adoption rates, and case studies will further validate the effectiveness of our solution in addressing Cardano's funding challenges.

In essence, Birble AI's Multi-Currency Crowd Funding DApp on Cardano stands as an innovative and inclusive gateway, unlocking funding opportunities across sectors. Its distinctive features, support for diverse currencies, and synergy with Cardano's vision make it a valuable addition, benefiting project creators, investors, and the entire Cardano community. Additionally, by leveraging this open-source crowdfunding DApp, we actively train and mentor student interns globally, fostering a new generation of skilled web3 and full stack developers.

https://youtu.be/3TNDNd-7nxU?si=o5xU2A7pHBKaAczs

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

The Birble AI crowdfunding DApp on Cardano aims to catalyze a series of positive impacts within the wider Cardano community.

1. Enhanced Access to Funding: By democratizing fundraising through our DApp, we empower a diverse range of projects and individuals within the Cardano ecosystem to access capital. This increased accessibility fosters innovation and growth across various sectors, thereby enriching the entire community.
2. Ecosystem Expansion: Our DApp's integration with Cardano's infrastructure attracts new users, developers, and investors to the ecosystem. This influx contributes to the network effect, strengthening Cardano's community and expanding its reach globally.
3. Support for Diverse Projects: The inclusivity of our DApp supports projects from different domains and geographies. This diverse representation enriches Cardano with a wide array of initiatives, contributing to its vibrancy and relevance in the larger blockchain landscape.
4. Encouraging Innovation: By providing a platform where various projects can secure funding, Birble AI stimulates a culture of innovation within Cardano. This encourages developers and entrepreneurs to explore novel ideas, pushing the boundaries of what's possible within the ecosystem.
5. Validation of Cardano's Capabilities: The utilization of our DApp showcases Cardano's capabilities, particularly its smart contract functionality and interoperability with multiple currencies. This serves as a practical demonstration of the platform's strengths, attracting more attention and confidence in Cardano's technology.
6. Educational Opportunities: Through our partnership with educational organizations, we are not only developing a DApp but also nurturing a pool of skilled developers. This educational aspect contributes to the growth of the Cardano community by fostering talent that can contribute to the ecosystem's development in the long term.

In summary, Birble AI's crowdfunding DApp on Cardano serves as a catalyst for inclusivity, innovation, growth, and education within the Cardano community, ultimately contributing to the ecosystem's evolution and success.

[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?

Birble AI has a strong track record of delivering complex projects and demonstrating high levels of trust and accountability. Our existing capabilities and experiences highlight why we are well-suited to deliver this project:

1. Expert Team: Birble AI comprises a highly skilled and experienced team of software engineers, data scientists, and machine learning experts. Our team members have a proven track record of successfully developing and implementing AI-based solutions across various domains. Their expertise ensures that we have the technical know-how and capabilities to deliver this project effectively.
2. Extensive Portfolio: Our portfolio includes a diverse range of successful projects, including a DEX on top of the Uniswap protocol, an NFT marketplace, a crowdfunding dApp, music and video streaming services, blockchain games, and AI dApps developed in cooperation with OpenAI. These projects demonstrate our ability to build and deploy complex applications, integrate AI technologies, and deliver solutions that meet the needs of our clients and users. Examples of things we have built: https://www.birble.win/services/
3. Transparency and Code Availability: Birble AI maintains a transparent approach, making our code available for review on our website. This allows interested parties to examine our work and assess the quality of our codebase. By providing this level of transparency, we aim to build trust and confidence in our abilities as a development team.
4. Financial Management: Birble AI has established robust financial management processes to ensure the proper handling of funds. We adhere to strict financial controls and follow industry best practices in managing project budgets, tracking expenses, and reporting on financial performance. Our commitment to financial responsibility and accountability is paramount in all our endeavors.
5. Strong Reputation: Birble AI has built a strong reputation for delivering high-quality projects and maintaining strong relationships with our clients. We have received positive feedback and testimonials from past clients, which attests to our professionalism, reliability, and ability to meet project requirements.

These steps and processes collectively demonstrate our capability to be trusted in managing funds and delivering projects with a high level of trust and accountability. We combine our technical expertise, transparent approach, financial management practices, and positive reputation to ensure that we consistently deliver on our commitments and exceed expectations.

Website: https://www.birble.win

products created: https://www.birble.win/services

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

UI Enhancement and Website Update: Revamp the user interface (UI) of the crowdfunding platform website to improve user experience and accessibility. This involves implementing a more intuitive design, optimizing navigation, and ensuring a seamless interface for both project creators and backers.

1. UI Enhancement and Website Update:

• User Testing: Conduct user testing sessions with a diverse group of participants to gather feedback on the new UI. Acceptance is achieved when a significant majority of users find the interface intuitive, easy to navigate, and visually appealing.
• Performance Metrics: Measure website performance metrics (load times, responsiveness) before and after the update. Acceptance criteria are met if there's a noticeable improvement in these metrics post-update.
• Accessibility Compliance: Ensure the updated UI adheres to accessibility standards (WCAG) to cater to users with disabilities. Confirm compliance through automated tools and manual checks.

Integration of NMKR Studio for Multichain Transactions: Collaborate with NMKR Studio to integrate their services into the DApp, enabling the processing of credit card payments and transactions in Ethereum and Solana tokens. Additionally, set up a mechanism to convert these various tokens into ADA tokens, ensuring smooth and unified transactions for the recipients.

1. Integration of NMKR Studio for Multichain Transactions:

• Transaction Processing: Successfully process credit card payments, Ethereum, and Solana token transactions through NMKR Studio's integrated services within the DApp. Acceptance criteria include a high success rate of transactions without errors or delays.
• Conversion Accuracy: Verify the accuracy of token conversion to ADA tokens. The acceptance criterion is the accurate and timely conversion of various tokens into ADA tokens at the recipient's end, reflected in their wallets.
• Security and Compliance: Ensure that all transactions and conversions comply with security standards and regulations. Acceptance criteria include adherence to compliance protocols and secure handling of sensitive financial data.

EVM Contract Upgrade and Mainnet Launch: Upgrade the EVM (Ethereum Virtual Machine) contracts within the DApp to enhance functionality, security, and scalability. Conduct rigorous testing and auditing to ensure the reliability of the upgraded contracts. Once validated, launch the upgraded DApp on the Cardano mainnet, allowing users to access and utilize the enhanced crowdfunding platform with multichain support.

1. EVM Contract Upgrade and Mainnet Launch:

• Testing and Auditing: Conduct extensive testing, including stress testing and security audits, for the upgraded EVM contracts. Acceptance criteria include passing all tests and audits with no critical issues or vulnerabilities found.
• Mainnet Deployment: Successfully deploy the upgraded DApp on the Cardano mainnet without any service disruptions. Acceptance is confirmed when users can access and utilize the DApp with multichain support seamlessly.
• User Feedback and Adoption: Gather feedback from users post-launch. Acceptance criteria include positive user feedback on the new features, increased usage/adoption of the platform, and no reported major technical issues affecting functionality.

These acceptance criteria ensure that each milestone meets the necessary standards of functionality, user experience, security, and compliance, ultimately ensuring public acceptance and satisfaction with the Birble AI multichain crowdfunding DApp.

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

The Birble AI team consists of the following members, each responsible for specific aspects of the proposal's work:

1. Oleskii Herasymchyk - Founder

• Responsible for overall project direction, strategy, and leadership.
• https://t.me/o_herasymchyk (Telegram)
• https://twitter.com/o_herasymchyk (Twitter)
• https://www.linkedin.com/in/oleksii-herasymchyk/ (LinkedIn)

1. Olena Karpenko - Full Stack Developer

• Tasked with developing the backend and frontend components of the Birble AI dashboard, ensuring seamless integration and functionality.
• https://twitter.com/cryptobossAA (Twitter)

1. Algot Holm - Frontend Developer

• Specializes in creating intuitive and user-friendly interfaces for the Birble AI dashboard, focusing on the frontend development and user experience.
• https://t.me/JasonKilo69 (Telegram)

1. Victor Mykolenko - Solidity Developer

• Responsible for developing and implementing smart contracts on the Cardano blockchain, ensuring the secure and efficient functioning of the Birble AI ecosystem.
• https://t.me/JasonKilo1 (Telegram)

1. Michael Weston - Project Manager & AI Developer

• Takes on the role of project manager, overseeing the overall project execution and coordinating the team's efforts. Also contributes as an AI developer, working on the implementation and integration of AI algorithms within the Birble AI dashboard.
• https://t.me/Bitcoinguy420 (Telegram)

1. Aleksi Stenvall - Fullstack Game Developer

• Brings expertise in full-stack game development, contributing to the development of gamification elements and interactive features within the Birble AI dashboard.
• https://twitter.com/aleksi_stenvall (Twitter)

1. Sammy Boy - AI Developer

• Focuses on AI development, working on the AI-powered campaign generation algorithms, real-time analytics, and continuous improvement of the AI functionalities within the Birble AI platform.

Each team member plays a crucial role in the development and implementation of the Birble AI project, combining their expertise and skills to deliver a comprehensive and innovative AI-powered marketing solution for the Cardano

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

Rough breakdown of costs for the proposed work and resources for the Birble AI multichain crowdfunding DApp with a budget of 150,000 ADA tokens:

1. UI Enhancement and Website Update: 40,000 ADA

• Design and Development Team: 20,000 ADA tokens
• User Testing and Feedback Sessions: 10,000 ADA tokens
• Accessibility Compliance Tools and Checks: 5,000 ADA tokens
• Contingency for Unexpected Expenses: 5,000 ADA tokens

1. Integration of NMKR Studio for Multichain Transactions: 45,000 ADA

• Collaboration and Integration Costs: 20,000 ADA tokens
• Token Conversion Mechanism Development: 7,000 ADA tokens
• Security Compliance and Transaction Audits: 8,000 ADA tokens
• Contingency for Unexpected Expenses: 10,000 ADA tokens

1. EVM Contract Upgrade and Mainnet Launch: 40,000 ADA

• Smart Contract Upgrade and Development: 15,000 ADA tokens
• Testing and Security Audits: 10,000 ADA tokens
• Mainnet Deployment and Operational Costs: 15,000 ADA tokens
• Contingency for Unexpected Expenses: 10,000 ADA tokens

1. General Expenses and Project Management: 25,000 ADA

• Legal and Compliance Fees: 10,000 ADA tokens
• Project Management and Oversight: 15,000 ADA tokens

Total Estimated Budget: 150,000 ADA tokens

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

The cost of the project represents value for money for the Cardano ecosystem for several reasons. Firstly, the proposed budget reflects the comprehensive scope of the project, covering all necessary aspects from planning and development to testing and deployment. This ensures a high-quality and robust solution that meets the needs of the ecosystem.

The costs outlined in the budget breakdown are based on careful consideration of various factors. Market research and competitor analysis have been conducted to determine the appropriate investment required for the project to remain competitive and provide valuable features and functionalities.

The costs of development, both backend and frontend, are based on the estimated time and expertise needed to build a secure and user-friendly DApp. Additionally, the budget includes expenses for testing, security audits, deployment, and marketing to ensure a well-rounded and successful launch.

While some costs may appear high, it's important to understand that building a multi-currency crowdfunding DApp on Cardano requires a significant investment in terms of development resources, security measures, and marketing efforts. These costs are necessary to ensure the delivery of a high-quality product that will contribute to the growth and adoption of the Cardano ecosystem.

Moreover, the value of the project extends beyond the immediate development phase. The proposed DApp will provide opportunities for entrepreneurs and individuals to raise funds in various cryptocurrencies, fostering innovation and enabling economic empowerment within the Cardano community. It will attract new users and increase engagement with the ecosystem, thereby strengthening the overall Cardano network and its value proposition.

In conclusion, while the costs of the project may seem substantial, they reflect the value and potential impact that the proposed multi-currency crowdfunding DApp can bring to the Cardano ecosystem. The investment will contribute to the growth and long-term success of Cardano by providing a valuable tool for fundraising and supporting innovative projects on the platform.

[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