ArtifexAI: Learn, create, trade NFTs in just one AI-powered application

[GENERAL] Name and surname of main applicant

Trinh Bach

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

Entity (Incorporated)

[GENERAL] Requested funds in ada

100000

[GENERAL] Please specify how many months you expect your project to last (from 2-12 months)

8

[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)

We develop an application to assist NFT creators with AI-powered prompts and offer an NFT marketplace accessible across both web and app platforms.

[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.”

Our project relies on the ChatGPT API for generating images from text prompts, a complex task requiring advanced image synthesis and natural language understanding. This dependency is essential for quick and user-friendly application development.

By leveraging the ChatGPT API, we ensure accurate and high-quality image generation, enhancing our platform's efficiency and usability. We'll register and pay for API use, confident it will significantly enhance our project's functionality and value proposition.

[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 output of our project will be open-source, using the MIT License. This license allows users to freely use, modify, and distribute the code for both commercial and non-commercial purposes.

We are committed to promoting collaboration and transparency within the development community. The entire codebase, documentation, and associated resources will be publicly accessible. We welcome everyone to contribute and learn from the project

[METADATA] SDG rating

Goal 9: Industry, Innovation, and Infrastructure

• Subgoal: Build a platform to promote the technology industry, specifically Blockchain and AI.
• KPI: Deploy creative and safe applications for users to freely create.

[SOLUTION] Please describe your proposed solution

Our proposal solution addressing key challenges in the NFT space while leveraging AI technology and providing a seamless marketplace experience across web and app platforms. Here's a breakdown of our solution's aspects:

User Aspect:

• Enabling Anyone to Create NFTs: By generating personalized prompts, individuals with unique painting ideas can easily express themselves through NFTs.
• Facilitating NFT Creation: Artists facing difficulties in transferring their work to NFTs can benefit from your system's assistance.
• Catering to Curiosity: Individuals curious about NFTs can explore the space and potentially become creators or collectors.

Technology Aspect:

• Centralizing NFT Processes: Your solution aims to streamline the scattered process of creating and trading NFTs by providing a unified platform.
• Advancing AI in NFT Creation: By employing advanced NLP algorithms, your system enhances the application of AI in generating NFT ideas.

Proposed Solution:

• AI-Powered Reminder Generation System: Leveraging NLP algorithms to analyze existing NFTs, artistic trends, and user preferences to provide personalized prompts for creators.
• Comprehensive NFT Marketplace: Offering a user-friendly interface for creators to mint, list, and manage NFTs, while providing collectors with a seamless experience to discover, purchase, and trade NFTs.
• Cardano Blockchain Integration: Building the marketplace on the Cardano blockchain ensures security, transparency, and accessibility within the Cardano community and beyond.

System overview diagram

Impact and Metrics:

• Tracking Key Metrics: Monitoring metrics such as the number of NFTs created, transactions processed, user engagement, and community feedback to demonstrate impact.
• Unique Selling Proposition: The integration of AI-powered reminder generation with a cross-platform NFT marketplace experience sets your solution apart, fostering innovation, creativity, and community engagement within the Cardano ecosystem.

By combining AI technology with a user-friendly marketplace experience on the Cardano blockchain, your project has the potential to drive growth and adoption in the NFT space, particularly within the Cardano community, amid the rapid expansion of NFTs in the Metaverse.

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

The success of our project will bring significant value to the wider Cardano community in several ways:

• Fostering Innovation and Adoption: By providing a user-friendly platform for creating and trading NFTs on the Cardano blockchain, we aim to foster innovation within the Cardano ecosystem. 
• Community Engagement: Our project will create opportunities for creators, collectors, investors, and enthusiasts to actively participate in the NFT space within the Cardano community. 
• Empowering Creators: The AI-powered prompt generation system will empower creators with unique ideas to turn them into valuable NFTs, thus democratizing the creation process. 
• Enhancing Accessibility: By offering a cross-platform marketplace accessible on both web and app platforms, we will ensure that users can engage with the NFT ecosystem anytime, anywhere. 
• Economic Opportunities: The seamless marketplace experience will create economic opportunities for creators to monetize their digital creations and for collectors to invest in unique NFT assets.

To measure the impact of our project, we will employ both quantitative and qualitative metrics:

• Quantitative Metrics: We will track metrics such as the number of NFTs minted, transactions processed, active users on the platform, volume of NFT trading, and growth of the Cardano NFT community over time.
• Qualitative Metrics: We will gather feedback from users, including creators, collectors, and enthusiasts, through surveys, and community forums to understand their experiences, satisfaction levels, and suggestions for improvement.

To share our outputs and opportunities resulting from the project, we will employ various channels:

• Community Engagement: We will actively engage with the Cardano community through social media platforms, forums, and community events to share updates, gather feedback, and address any concerns.
• Partnerships: We will collaborate with other projects, organizations, and influencers within the Cardano community to amplify our reach and leverage existing networks for mutual benefit.
• Documentation and Reports: We will publish regular reports, case studies, and documentation outlining the impact of our project, lessons learned, and best practices for others to replicate or build upon.

By employing a combination of quantitative and qualitative metrics and utilizing various communication channels, we will effectively measure and share the positive impact of our project on the wider Cardano community.

[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 team possesses a combination of technical expertise, industry experience, and a proven track record in delivering successful projects. We are confident in our ability to execute this project with the highest level of trust and responsibility. Here are some key capabilities that demonstrate why we are best suited to undertake this project:

• Technical proficiency: Our team consists of experienced developers with a deep understanding of blockchain technology, smart contracts, and web/app development. In the past, we have built and deployed successful projects, demonstrating our ability to solve complex technical challenges. Regarding this project, we have implemented POC and realized that good completion is completely within our ability.
• Industry experience: We all have 3-8 years of programming experience, Mr. Liam Do has 8 years of programming experience and 4 years of experience with blockchain, having held many important positions in companies. Mr Trinh Bach is a key member of the Tamper-proof Certificate System project that passed fund 11 and won first prize in the scientific research competition at the University of Transport and Communications. Our experience allows us to design solutions that meet real needs and bring tangible value to users.
• Financial Management: We have robust processes in place to manage funds responsibly and effectively. This includes regular budget reviews, expense tracking, and adherence to financial best practices. Additionally, we will maintain transparent records of all expenditures and expenditures ArtifexAI Budget, providing full accountability to our stakeholders.

 

To validate the feasibility of our approach, we performed the following steps:

• Market Research: We will conduct thorough market research to understand the needs and preferences of target users.
• Assess technical feasibility: We will evaluate the technical feasibility of our solution by evaluating the scalability, security, and interoperability of the technologies involved.
• Prototyping and testing: We develop prototypes for our platform and conduct testing to identify and resolve any technical or usability issues.
• Financial planning: We will develop a detailed budget and financial plan, taking into account all costs related to development, marketing, and operations.

 

Overall, the capabilities of our team, combined with our thorough validation processes, ensure that we are well-placed to deliver this project with a high degree of confidence, responsibility, and success.

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

Title: Project initialization (2 months)

Milestone outputs:

• Prepare work management platform, source code, and communication channels within developers.
• Build project architecture diagram, main use cases, and database
• Initialize project with codebase for Front-end (Web and App) and Back-end

Acceptance criteria:

• Work management platform established (e.g., Jira) and source code repository created (e.g., GitHub, Bitbucket).
• Diagrams about architecture, database, main use-cases
• Codebase pushed to the repository

Evidence of milestone completion:

• An export file list working task and repository access link
• At least 1 diagram for architecture and database, 2 diagrams for main use-cases
• Commit code at the repository

Title: Project configuration and generate NFT by AI prompt implementation (2 months)

Milestone outputs:

• Rent/subscribe: Database, server, ChatGPT API, IPFS (Pinia)
• Develop interface, API, and feature to create NFT from the AI prompt.

Acceptance criteria:

• Database and server rented, subscribe and config ChatGPT API, IPFS
• Feature to create NFT from prompt can work well on both app and website platforms

Evidence of milestone completion:

• Screenshot or history of rental/subscription
• Commit code at the repository

Title: Build a simple NFT marketplace (2 months)

Milestone outputs:

• Build the Marketplace interface
• Process NFT buying and selling transactions
• Handling catching for onchain data
• Enhance system security

Acceptance criteria:

• User-friendly interface developed for buying and selling NFTs.
• Integration with payment gateways or blockchain wallets for buy and sale NFTs.
• Implementation of caching mechanisms to reduce latency in accessing blockchain data.
• Security measures are implemented to protect user data and transactions.

Evidence of milestone completion:

• Video demonstrations showcasing the developed interface.
• Transaction logs or records demonstrating successful NFT purchases and sales.
• Documentation outlining caching strategies.
• Documentation describing security protocols.

Title: Testing and fixing bugs (1 month)

Milestone outputs:

• Perform both automation (performance testing) and manual testing
• Fix/improve issues
• Preparing for the production environment

Acceptance criteria:

• Comprehensive performance testing conducted to evaluate system scalability, responsiveness, and stability.
• Identified issues from testing addressed and resolved effectively.
• Preparing necessary infrastructure, security measures, and dependencies set up for a smooth transition to production.

Evidence of milestone completion:

• Performance testing reports detailing metrics, results, and observations.
• List tasks related to issue fixing and enhancements.
• Documentation showing the configuration of the production environment.

Title: Project promotion (1 month)

Milestone outputs:

• Cooperate with the Cardano Vietnam community to introduce the product to users
• Marketing project
• Create documentation, user guide on web, and app
• Bug bounty contest
• Hotfix

Acceptance criteria:

• The product was introduced to users through collaboration with the Cardano Vietnam community.
• Marketing materials were created, including social media posts, and blog articles.
• Comprehensive documentation and user guides prepared for both web and app platforms.
• Bug bounty program launched to incentivize users to report vulnerabilities.
• List tasks resolved swiftly to minimize disruption to user experience.

Evidence of milestone completion:

• Reports of collaboration and interactions with Cardano Vietnam community members.
• Samples of marketing content are shared on various platforms.
• Links documentation and user guides published on web and app platforms.
• Announcement and promotion of the bug bounty contest on Telegram channels.
• List tasks of hot fixes applied to address critical issues.

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

Mr. Liam - Project Manager/Full Stack Software Engineer

Experiences:

• Senior Software Engineer at GrapeCity, Technical Leader at MagicCo LLC
• Smart Contract: Solidity, Rust
• BE: NodeJS, NestJS
• FE: ReactJS, NextJS, React Native, Android (Kotlin), iOS (Swift), HTML/CSS
• Database: SQL Server, MySQL, PostgreSQL, MongoDB

Mr. Chuong Tran - Senior Fullstack Software Engineer/Blockchain developer

Experiences:

• Software Engineer at GrapeCity, Inc
• Web: Javascript (React, Nextjs, Vue, Angular), NodeJs, .NET core, SQL, Restful api, Graphql, Http, Websocket, Html, Css, Tailwind
• App: React Native
• Blockchain & Sustainability Researcher

Email: trantrongchuong9@gmail.com

Github: https://github.com/hellonobug9

Mr. Hoang Le - Full Stack Blockchain Developer

Experiences:

• Software engineer at Grapecity
• Smart contract: Solidity, Rust
• Backend: .NET Core, Nestjs
• Frontend: Angular, Vue, React
• Database: SQL Server, MySQL, PostgreSQL
• Restful API, Pub/Sub, Kaffka, Grapql
• Computer network, network sercurity, cryptography

GitHub: https://github.com/lvh1012

Mr. Bach Trinh - Fullstack Developer/Blockchain Developer

Experiences: 

• Software Engineer at GrapeCity
• Frontend: ReactJS, VueJS.
• Backend: .NET Core, Dapper, EF Core, Redis…
• DevOps: Jenkins, Docker, Azure, Nginx…
• Blockchain & Sustainability Researcher.

Email: txbach.11@gmail.com

Github: https://github.com/Bachhsunkid

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

Milestone 1 (2 months): Project initialization.

Estimate cost: 22,500 ADA ~ 22.50%

Milestone 2 (2 months): Project configuration and generate NFT by AI prompt implementation.

Estimate cost: 25,000 ADA ~ 25.00%

Milestone 3 (2 months): Build a simple NFT marketplace. 

Estimate cost: 27,900 ADA ~ 37.90%

Milestone 4 (1 month): Testing and fixing bugs.

Estimate cost: 13,000 ADA ~ 13.00%

Milestone 5 (1 month): Project promotion.

Estimate cost: 14,600 ADA ~ 14.60%

Total 100,000 ADA

To see details, please click here.

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

The 100,000 ADA investment in our project brings significant value to the Cardano ecosystem. Here's how the project delivers value for money:

• Reasonable Allocation: Total costs include many aspects important to project success, including development, labor, consulting, and promotion in Vietnam. This ensures the project has the necessary resources to build a solid foundation, attract skilled programmers, and market effectively.
• Social Value: Our project aims to simplify NFT creation and trading. By providing accessible applications, we create real-world applicable skills, thereby promoting social development and blockchain understanding.
• Contributing to Cardano Growth: By engaging users and raising awareness about blockchain, especially in the Cardano ecosystem, our project directly contributes to scalability. In addition, it also demonstrates the relevance and applicability of Cardano in Vietnam as well as globally.

Investing in our project is a strategic move to align costs with goals and objectives, ensuring resource allocation for development, education, and community engagement. It contributes to Cardano's growth, innovation, and relevance, demonstrating the platform's adaptability and real-world impact potential.