[GENERAL] Name and surname of main applicant

Vidhyanand CS

[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)

4

[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)

Integrate web3 notification system where projects can create channels which can send notifications to cardano addresses.

Create a web3 chat application facilitating address to address communication.

[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

Web3 chat application code will be open source.

MIT-Liscence

[METADATA] SDG rating

SDG goals:

Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development

SDG subgoals:

Fully operationalize the technology bank and science, technology and innovation capacity-building mechanism for least developed countries by 2017 and enhance the use of enabling technology, in particular information and communications technology

Key Performance Indicator (KPI):

Proportion of individuals using the Internet

Universal Human Rights Index (UHRI):

#proposertoolsdg

[SOLUTION] Please describe your proposed solution.

Notiboy has a web3 application that will help the projects to use their addresses to create channels to which the end-users can opt-in using their addresses. The channel can send public notifications which will be received by all the addresses that have opted-in to the channel. We also will have a mobile app (android and iOS) which facilitate push notifications thus making communication much faster between addresses.

We will also create a web3 chat application that will facilitate address to address communication which will facilitate addresses to communicate with each other in faster manner.

 

We provide web3 specific analytical tools that will help the projects to optimize their communication and marketing strategies. Some of the data that we provide include but not limited to 1) Number of notifications send vs read (daily) 2) Number of users onboarded vs deboarded to a channel (daily). We will also be soon launching a web3 chat application which will facilitate address to address communication along with sending of assets between addresses and swapping of assets between addresses. The community can use these applications by connecting the wallet which make sure that we don't collect any information that breach their privacy (like email-id or mobile number collected by discord or twitter).

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

We are stating some of the use-cases for better communication of benefits.

 

1) Defi: If a USDC - ADA pool is created by a defi application, they can send notifications to all addresses that have ADA and USDC informing them about high APR so that end-users can add liquidity. The degens can take advantage of this information for higher rewards.

 

Also liquidation warnings can be send as notifications so that liquidity providers can take necessary action to avoid liquidation.

 

2) NFTs: The NFT projects can send notifications to its top holders regarding a new token airdrop they are doing. Also they can send notifications regarding the new NFT drop they are ding where top holder address will get priority.

 

3) DAOs: DAOs can send voting remainders to the members so that dont miss voting schedule. This makes DAOs effective and members don’t miss voting rewards.

 

Web3 chat application will facilitate faster address to address communication while maintaining privacy. We will also facilitate sending of assets and swapping of assets between addresses while chatting.

 

In-short our application can make the cardano ecosystem more efficient thus increasing the productivity and profitability for web3 projects and better information spread for the community members.

[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 success on cardano ecosystem depends on:

1) Number of partnerships with web3 projects.

2) Number of end-users on-boarded

3) Number of notifications sent.

 

 

We have an experienced team in marketing and product design and development which will make sure that right product is developed and it reached its intended audience.

We have launched this product on algorand blockchain and XRPL where the community loved our value addition.

We are very active on twitter communicating constantly with web3 community ( https://twitter.com/notiboyproject ).

We have good track record of finishing similar projects in other blockchain which gives ADA community the confidence that we can complete this project on time without compromise in quality.

 

Have a look at our experienced team members here: https://notiboy.com/team.html

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

Time: 2 months

Integrating and launching web3 notifications where the projects can create channels and then users can opt-in to these channels to start getting notifications. We will integrate cardano to our web app, mobile app (android and iOS)which will facilitate push notifications.

Time: 2 months

Launch web3 chat application which will facilitate communication between cardano addresses.

We will also integrate name services on cardano for smoother communication.

We have only 2 milestones.

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

Vidhyanand CS , CEO, (https://www.linkedin.com/in/vidhyanand-c-s-57344672/)

Role: Heading marketing and customer acquisition

Deepak S, CTO, (https://github.com/dpaks)

Role: Product design and development

Nirav K, Mobile developer

Role: Developing mobile application for notifications and chat application

Lalji Prajapati, React developer

Role: Developing web application for notifications and chat application

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

Milestone1:

Development cost for Integration of wallets: 1000 ADA

Development cost for Integration of SDKs: 5000 ADA

Development cost for integration with mobile application (push notification) and making available APIs that can directly be integrated with web3 apps: 9000 ADA

Milestone2:

Development cost for Integrating chat application: 10,000 ADA

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

The project will help cardano projects to send notifications regarding new updates to their user addresses on real time basis. This will result in users getting updates faster and taking actions at a much faster rate. This increases the overall efficiency of the ecosystem.

The web3 chat application will help in having a hassle free communication between addresses. The users can just connect their wallets and start communicating with addresses via chat application maintaining their anonymity and privacy.

[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