Last updated 2 days ago
New Cardano users encounter entry barriers in wallet setup, staking, swapping, and lack awareness of available services, emphasizing the need for an enhanced onboarding process.
This is the total amount allocated to TapTools: Cardano Onboarding Platform. 2 out of 3 milestones are completed.
1/3
Create UI/UX Mocks for the Onboarding Platform
Cost: ₳ 20,000
Delivery: Month 1 - Sep 2024
2/3
Development and Integration
Cost: ₳ 20,000
Delivery: Month 3 - Nov 2024
3/3
Official Launch of the Onboarding Platform
Cost: ₳ 28,000
Delivery: Month 4 - Dec 2024
NB: Monthly reporting was deprecated from January 2024 and replaced fully by the Milestones Program framework. Learn more here
We will create a user-friendly onboarding platform for Cardano that simplifies learning and engagement, ensuring new and existing users confidently navigate and utilize the ecosystem.
No dependencies.
Due to considerations regarding intellectual property protection, commercialization strategy, and security concerns, it has been decided that the project outputs will not be open sourced. This decision is aligned with our business model and resources available for maintenance.
Addressing the Educational Gap:
Our initiative addresses a critical gap in the Cardano ecosystem—new users often rely on fragmented and sometimes unreliable sources like Twitter to learn about Cardano, which can lead to misinformation. Our solution, a comprehensive onboarding platform through TapTools, will serve as the definitive hub for all information related to Cardano, ensuring accuracy and reliability.
Strategic Approach:
We have designed our onboarding platform to be the go-to resource, replacing scattered and unverified information channels. This approach not only educates users about the basics, such as wallet selection and ADA staking but also about the broader aspects of the ecosystem including DeFi practices, lending, borrowing, and navigating NFT marketplaces.
Engagement and Audience:
Targeting both new entrants and existing users, the platform will simplify the initial steps of joining the Cardano community and deepen their understanding of available services and opportunities. This knowledge hub will enhance user confidence and trust, fostering a more informed and engaged community.
Unique Value Proposition:
Our platform stands out by providing a trustworthy source for all things Cardano, countering the current reliance on scattered, unofficial channels. It will not only streamline the onboarding process but also ensure that every user has access to the same high-quality, vetted information, promoting a uniform understanding and adoption of Cardano.
Importance to Cardano:
By simplifying the onboarding process and providing a reliable information source, our project is crucial for reducing entry barriers and enhancing the overall integrity of interactions within the Cardano ecosystem. This foundational work is vital for sustainable growth and long-term success, making Cardano a more accessible and trustworthy platform for all users.
The TapTools Onboarding Platform is poised to significantly impact the Cardano community by streamlining the introduction of new users to the ecosystem. By providing an effective onboarding experience, we aim to increase network participation, which in turn will amplify transaction volumes, boost the total value locked, and enhance active participation in governance and DeFi activities. As these new users become more knowledgeable and engaged, they will contribute to the ecosystem’s robustness, driving both growth and sustainability.
Quantitative Metrics: We will use Google Analytics to monitor the influx of new users and employ our data platform to track key ecosystem metrics such as transaction volumes and total value locked. This will allow us to quantitatively assess how well the onboarding platform is converting curious visitors into active participants.
Qualitative Feedback: User feedback will be collected regularly to gauge satisfaction and understanding of the Cardano ecosystem. This qualitative data will help us refine the onboarding process and ensure it meets user needs.
The success of the TapTools Onboarding Platform will bring substantial value to the Cardano community by not only growing the user base but also enriching the ecosystem with new capital and diverse perspectives. The influx of well-informed users will foster further innovation and development, highlighting the strategic importance of effective onboarding in achieving long-term success and vibrancy within Cardano.
Our team, deeply familiar with Cardano’s technology and community, is perfectly positioned to successfully launch the TapTools Onboarding Platform. We’ll maintain transparency and accountability through regular updates and by sharing educational content with the community.
To ensure our platform is effective, we’ll closely monitor new user metrics and integrate community feedback to fine-tune our approach. We’re committed to rigorous financial management, ensuring every step of our process adheres to the highest standards of integrity as demonstrated in Catalyst Fund 9. Our technical expertise, combined with active community engagement and strong project management, will make onboarding smoother for new Cardano users.
Develop a Detailed Process for the Onboarding System
A: Milestone Outputs
B: Acceptance Criteria
C: Evidence of Milestone Completion
Create UI/UX Mocks for the Onboarding Platform
A: Milestone Outputs
B: Acceptance Criteria
C: Evidence of Milestone Completion
Development and Integration
A: Milestone Outputs
B: Acceptance Criteria
C: Evidence of Milestone Completion
Official Launch of the Onboarding Platform
A: Milestone Outputs
B: Acceptance Criteria
C: Evidence of Milestone Completion
Some of the key contributors and founding members of TapTools are:
Alec Myers
CEO of TapTools
https://www.linkedin.com/in/alec-myers-profile/
https://twitter.com/cardano_tools
Jacob Warren
CTO of TapTools
https://www.linkedin.com/in/jacob-warren-186252127/
https://twitter.com/_jacobwarren
James Cadena
COO of TapTools
https://www.linkedin.com/in/james-cadena-41280a57/
https://twitter.com/jamescadeen
Alex Yue
CMO of TapTools
There are also 7 other core members of the team that contribute greatly to TapTools.
Project Management and Administration
System Development
Marketing and Community Engagement
Quality Assurance and Testing
Total Project Budget: 68,000 ADA
Our budget is carefully planned to maximize long-term benefits for the Cardano ecosystem. By integrating the onboarding platform into our existing infrastructure, we’re able to cover ongoing operational costs. This strategy allows us to continually improve the platform, making it a dynamic resource that attracts and educates both new and existing users, enhancing overall engagement and contributing to the ecosystem's growth.
The platform is more than just a tool; it's a lasting resource. It provides users with dependable knowledge and guidance, ensuring that our initial investment keeps adding value well into the future.
In essence, our project is a thoughtful and strategic investment designed to deepen understanding and engagement within the Cardano community, promoting sustained growth and stability. Our approach reflects our commitment to value-driven planning and responsible budget management.