Intelligent NFT Avatars

[GENERAL] Name and surname of main applicant

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

[GENERAL] Requested funds in ada

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

[GENERAL] Please indicate if your proposal has been auto-translated into English from another language

[GENERAL] Summarize your solution to the problem (200-character limit including spaces)

Develop AI-driven personalities for NFTs on Cardano, creating interactive avatars that learn and evolve, boosting engagement and utility.

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

[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?

[GENERAL] Please provide here more information on the open source status of your project outputs

All software developed will be available on GitHub under an MIT License, ensuring free access and contributions from the community.

[SOLUTION] Please describe your proposed solution

This project will integrate large language models with Cardano blockchain to empower NFTs with unique, evolving AI personalities. This involves developing a framework that allows NFTs to interact with users and other digital entities in a meaningful way, supported by a backend that maintains continuity and growth in their personalities.

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

This project will not only enhance the utility of NFTs on Cardano but also attract new users interested in dynamic and interactive digital assets, fostering broader adoption and innovation in the ecosystem.

[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?

With a background in VR development and blockchain, I am uniquely equipped to merge AI with NFTs effectively. We'll conduct regular updates and community engagement to validate and refine our approach.

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

Complete initial AI personality model integration with Cardano NFT

• A: Milestone Outputs
• Completed integration of the AI personality model with the Cardano blockchain infrastructure.
• Initial API for interacting between NFTs and AI models.
• B: Acceptance Criteria
• Successful demonstration of basic AI responses generated through interactions on the Cardano testnet.
• API functionality verified with at least 95% uptime during initial tests.
• C: Evidence of Milestone Completion
• GitHub commit history showing the integration code.
• Test logs and a video demonstration of the AI model functioning on the Cardano blockchain.

First prototype of AI NFT interaction ready for community feedback

• A: Milestone Outputs
• Deployable prototype of the AI NFT system with user interface for testing.
• Documentation for community feedback and interaction guidelines.
• B: Acceptance Criteria
• Prototype deployment on a public test environment with documented user interactions.
• Collection of initial user feedback reporting satisfactory interaction experience.
• C: Evidence of Milestone Completion
• Published prototype link and access instructions.
• Compiled report of user feedback and adjustments planned based on this feedback.

Full system integration and initial user testing

• A: Milestone Outputs
• Fully integrated AI NFT system with backend and frontend functionality.
• Initial user testing reports with identified improvements and feature enhancements.
• B: Acceptance Criteria
• System handling real-time interactions without significant delays or downtime.
• Positive feedback from initial user testing, with at least 75% user satisfaction.
• C: Evidence of Milestone Completion
• System architecture diagrams and full deployment details.
• User testing results with statistical analysis of feedback.

Launch beta version for extensive user testing

• A: Milestone Outputs
• Beta version of the AI NFT platform ready for wider public testing.
• Detailed beta testing plan including expected outcomes and data collection methods.
• B: Acceptance Criteria
• Successful deployment of the beta version with user engagement metrics meeting predefined benchmarks.
• Constructive feedback integration leading to system improvements before final release.
• C: Evidence of Milestone Completion
• Release notes and beta version changelog.
• Analytics report demonstrating user engagement and satisfaction.

Official launch of AI NFT platform on Cardano

• A: Milestone Outputs
• Official launch of the fully functional AI NFT platform on the Cardano mainnet.
• Launch event with participation from the Cardano community and stakeholders.
• B: Acceptance Criteria
• Stable release with all features functioning as intended and high user satisfaction levels.
• Achievement of initial adoption targets, such as user numbers and active interactions.
• C: Evidence of Milestone Completion
• Press release and media coverage of the launch.
• Analytics dashboard showing user engagement and platform activity post-launch.

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

Project Lead: John Moreland - Oversight and development, AI integration, Cardano integration.

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

Development Costs: ₳80,000

Marketing and Outreach: ₳20,000

Operational Expenses: ₳30,000

Overhead: ₳20,000.

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

Investing in AI-powered NFTs provides long-term benefits by enhancing the capabilities and attractiveness of the Cardano ecosystem, driving both user engagement and technological innovation.