TapTools: Develop Mobile App for Android and iOS

[GENERAL] Name and surname of main applicant

Alec Myers

[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

155000

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

6

[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 are developing an app for Android and iOS to elevate the mobile experience on Cardano, incorporating advanced features and a notification system to enhance functionality and improve accessibility.

[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?

No

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

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.

[SOLUTION] Please describe your proposed solution

The TapTools app aims to enhance mobile accessibility and functionality, responding to the Cardano community's top request for increased mobile capabilities and user-friendliness.

We're developing dedicated Android and iOS apps that provide real-time notifications for token and NFT prices, allowing users on the go or without access to personal computers to fully participate in the Cardano ecosystem.

This app will democratize data analytics and elevate trading experiences, expanding participation across various demographics. We will track its impact using Google Analytics, monitoring adoption and usage rates.

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

The TapTools app will positively influence the Cardano ecosystem by making our tools more accessible for all participants, enhancing the management of investments and DeFi activities. As 60% of Cardano users currently access services through mobile, our app will provide essential expanded features and a comprehensive notification system, allowing them to make informed and timely decisions regarding their digital asset portfolios.

To measure impact, we will utilize Google Analytics to monitor adoption rates and analyze user engagement with the app, particularly focusing on notifications and other new functionalities. This quantitative data will help us gauge the level of app adoption.

We plan to share these findings with the Project Catalyst team and make them available to the larger 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, with deep expertise in blockchain technology and mobile app development, is ideally suited to deliver the TapTools app to the Cardano community. Our track record includes successful deployments and enhancements within the ecosystem, establishing our reputation for reliability and technical proficiency.

We'll handle funds with strict financial oversight, as we've shown in successfully executing Catalyst Fund 9.

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

Finalize UI/UX Mocks

A: Milestone Outputs

• Complete and finalize all user interface and user experience designs for every screen and feature of the TapTools app, ensuring designs are responsive across multiple device types and orientations.
• Conduct internal reviews to iterate on design elements based on team feedback.

B: Acceptance Criteria

• Designs must adhere to the latest web and mobile usability standards, ensuring they are intuitive and accessible.

C: Evidence of Milestone Completion

• Comprehensive design documentation including finalized mockups and design specifications.

Front-end Development and Feature Integration

A: Milestone Outputs

• Integration of the approved UI/UX designs into the actual front-end codebase of the TapTools app, using frameworks and technologies specified in the project requirements.
• Development and implementation of the price alerts feature, which includes configuring and testing real-time notifications based on user-defined criteria.

B: Acceptance Criteria

• The front-end application must be fully responsive and functional, reflecting the UI/UX designs.
• The price alerts feature must accurately notify users of price changes, as per the defined alert settings.

C: Evidence of Milestone Completion

• Screenshots of the application from development showing each interface element.
• Test logs demonstrating the functionality and response time of the price alerts feature.

App Store Approvals

A: Milestone Outputs

• Complete all necessary preparations for submission.
• Submit the TapTools app for approval on both the Android Google Play Store and the Apple App Store, adhering to their respective submission guidelines.

B: Acceptance Criteria

• The app must pass all automated checks and manual reviews by the store reviewers without necessitating major changes.
• Ensure compliance with all regulatory requirements and platform guidelines to facilitate smooth approval.

C: Evidence of Milestone Completion

• Confirmation emails or screenshots from the Google Play Console and Apple Developer Console indicating the status of the app submission and approval.

Beta Testing

A: Milestone Outputs

• Official release of the beta version of the TapTools app to a select group of users for real-world testing.
• Collection and analysis of user feedback to identify bugs, usability issues, and potential enhancements.

B: Acceptance Criteria

• The beta app must be stable with no critical bugs that impact basic functionality.
• Compile a comprehensive report of feedback that leads to actionable insights and prioritized improvements.

C: Evidence of Milestone Completion

• Beta release announcement and user invitations document.
• Compiled feedback report including bug logs, user suggestions, and plans for addressing identified issues.

Public Launch

A: Milestone Outputs

• Execute the official public release of the TapTools app on the designated platforms.
• Initiate marketing campaigns to promote app adoption among the target user base.

B: Acceptance Criteria

• The app must be fully operational and available for download from all targeted platforms without any significant launch day issues.
• Achieve initial download and engagement targets as set out in the project goals.

C: Evidence of Milestone Completion

• Public links to the app on the Google Play Store and Apple App Store.

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

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

https://twitter.com/Alex_ADA_

There are also 7 other core members of the team that contribute greatly to TapTools.

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

Project Management and Planning

• Project Manager Salary: Coordination, monitoring, and reporting on project progress.
• Planning Tools: Subscription to project management software like Trello.
• Total Cost: 20,000 ADA

Design and Development

• UI/UX Designer
• Front-end Development Tools
• Salaries for developers working on front-end, back-end, and database management.
• Total Cost: 70,000 ADA

Testing and Quality Assurance

• Testing Software
• Quality Assurance developer
• Managing beta testers, including recruitment, incentives, and management tools.
• Total Cost: 20,000 ADA

Infrastructure and Data Management

• Fees for data storage solutions, including scalable cloud storage options.
• Cloud hosting services like AWS, including databases and application servers.
• Costs for security measures, including firewalls, encryption, and secure access tools.
• Total Cost: 35,000 ADA

Miscellaneous

• Contingency Fund: A reserve to cover unforeseen costs and emergency situations.
• Total Cost: 10,000 ADA

Total Project Budget: 155,000 ADA

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

We've planned our budget to ensure that every dollar spent on the TapTools mobile app maximizes both efficiency and impact. Our team's salaries reflect the global tech industry's competitive rates, ensuring we don't overspend. We've chosen our development and project management tools for their cost-effectiveness and high performance, guaranteeing the best value for our investment.

Value to the Cardano Ecosystem:

The completion of the app enhances TapTools on mobile devices, directly boosting the Cardano community's growth and satisfaction. It makes the ecosystem more welcoming for newcomers and improves the experience for existing users, boosting overall engagement. Features like real-time notifications and efficient data management make it easier for users to handle their financial activities on the go, supporting wider ADA adoption.

Cost Justification:

Investing in a robust mobile application will significantly increase user stickiness and engagement within the Cardano network. This investment enhances the network effect essential for our platform's long-term growth, making our project a strategic enhancement to the ecosystem.