[GENERAL] Name and surname of main applicant
DataScience Computing PLC
[GENERAL] Are you delivering this project as an individual or as an entity (whether formally incorporated or not)
Entity (Incorporated)
[GENERAL] Co-proposers and additional applicants
Mahlet Amenu
[GENERAL] Please specify how many months you expect your project to last (from 2-12 months)
5
[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 will develop an intuitive Cardano Explorer mobile app, empowering users to seamlessly analyze blockchain data, enhancing accessibility and understanding.
[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 will be dependent on the official Cardano Explorer site or related sites for API. The dependency on this API is essential for obtaining real-time and accurate blockchain data, which is crucial for the functionality and success of our Cardano Explorer mobile app.
Understanding the critical nature of our dependency on the Cardano Explorer API, our strategy includes developing a modular app architecture. This approach allows us to quickly adapt to alternative data sources or API changes without significant disruptions to app functionality. We will maintain a flexible development plan, ready to integrate additional APIs or switch sources should the need arise, ensuring our project’s progress is safeguarded against unforeseen changes in API access.
[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
Our project will be fully open source, all project elements, including code and documentation, will be available on GitHub under the MIT for unrestricted access and collaboration.
[METADATA] SDG rating
Our Cardano Explorer mobile app directly supports UN SDG 9 (Industry, Innovation, and Infrastructure) by introducing an innovative tool that democratizes access to blockchain data, fostering a more informed and engaged community. Additionally, by incorporating educational features that simplify complex blockchain concepts, we align with SDG 4 (Quality Education), ensuring users of all backgrounds can understand and leverage Cardano’s technology. We will engage with educational institutions to provide real-world use cases of blockchain, further bridging the gap between technology and education.
[SOLUTION] Please describe your proposed solution
Our solution, the Cardano Explorer mobile app, is designed to provide a holistic and user-friendly exploration of the Cardano blockchain. It encompasses a range of features catering to various aspects of blockchain analysis:
1.Blockchain Overview:
- Epoch Number: Display the current epoch number, providing users with real-time information on the current state of the blockchain.
- Epoch Slot Number: Show the current slot number within the epoch, aiding users in understanding the blockchain's temporal progression.
- Slot Number: Display the current slot number, allowing users to track the blockchain's activity at a granular level.
- Epoch History: Provide a historical overview of past epochs, enabling users to analyze trends and patterns.
- Stakeholder and Pool Metrics:
- Epoch Stake: Showcase the total stake for the current epoch, providing insights into the network's overall staking activity.
- Active Stake: Display the stake actively participating in the network, distinguishing it from inactive or dormant stake.
- Pools with Stake: List stake pools along with their respective stake, giving users an overview of the distribution of staking across different pools.
- Transaction and Block Details:
- Circulating Supply: Real-time information on the total supply of ADA in circulation, contributing to a comprehensive understanding of the market.
- Transactions Amount in ADA: Display the total value of transactions in ADA for the current epoch, aiding in the assessment of network activity.
- Fees: Showcase transaction fees incurred during the epoch, providing transparency on the cost of network transactions.
- Transactions: Present the total number of transactions conducted within the epoch, giving users an indication of network throughput.
- Block with Transactions: Identify and display blocks containing transactions, allowing users to explore the details of specific blocks.
- Block Height: Show the height of each block, aiding users in tracking the blockchain's structural integrity.
- Max Block and Min Block: Highlight the blocks with the maximum and minimum transactional activity, offering insights into network variability.
- Block History: Provide a historical record of blocks, enabling users to analyze the blockchain's evolution over time.
- Additional Block Metrics:
- Max Block Epoch: Identify the epoch with the maximum block production, helping users understand periods of heightened blockchain activity.
- Min Block Epoch: Identify the epoch with the minimum block production, contributing to an understanding of network stability.
- Avg Block: Present the average block production per epoch, aiding users in assessing the network's baseline performance.
- Max Block Size and Min Block Size: Highlight blocks with the maximum and minimum sizes, providing insights into the network's capacity and variability.
- Sum Block Size: Display the total size of blocks within the epoch, contributing to an understanding of overall network load.
- Blocks with Transactions: Identify blocks containing transactions, allowing users to focus on periods of heightened activity.
2.Token Explorer:
- Policy Information: Display details about the token's policy, including its parameters and rules governing its creation and distribution.
- Policy Metadata: Provide additional metadata associated with the token policy, contributing to a more comprehensive understanding of its purpose.
- Asset Name: Present the human-readable name assigned to the token, aiding users in quickly identifying and referencing the token.
- Asset Name Hex: Display the hexadecimal representation of the asset name, offering a unique identifier for technical purposes.
- Token Supply: Showcase the total supply of the token in circulation, providing insights into its overall distribution and scarcity.
- Circulating Supply: Display the portion of the token supply actively in circulation, helping users understand the market dynamics.
- First Transaction: Identify the initial transaction involving the token, indicating its inception and the address where it was first sent or received.
- First Transaction Time: Display the timestamp of the token's first transaction, allowing users to trace its historical activity.
- Last Transaction: Highlight the most recent transaction involving the token, providing insights into its recent usage.
- Last Transaction Time: Present the timestamp of the token's last transaction, aiding users in tracking recent engagement.
3.Account and Address Analysis:
- Balance: Display the current balance of ADA and tokens associated with the account, allowing users to quickly assess the account's financial status.
- Token Holdings: Provide a breakdown of the various tokens held in the account, contributing to a comprehensive overview of the user's portfolio.
- Transactions Count: Showcase the total number of transactions conducted by the account, indicating its historical activity.
- First Activity: Highlight the date of the account's first recorded activity, offering insights into its inception.
- Last Activity: Display the date of the account's most recent activity, aiding users in tracking recent engagement.
- Earned Rewards: Show the total rewards earned by the account over its history, providing a measure of its overall contribution to the network.
- Unspent Rewards: Display the rewards that have not yet been claimed or spent, contributing to an understanding of the account's financial choices.
- First Rewards: Identify the epoch when the account first started earning rewards, allowing users to track its participation from inception.
- Latest Rewards: Display the epoch of the account's most recent rewards, indicating ongoing engagement.
- Epochs with Rewards: Present a historical record of epochs during which the account received rewards, aiding users in identifying patterns of active engagement.
- Current Epoch Delegation: Show the stake delegated by the account in the current epoch, providing real-time information on its current involvement.
- Active Stake: Display the stake actively participating in the network, indicating the account's influence on the ongoing epoch.
- Next Epoch Delegation: Provide information on the account's planned delegation for the next epoch, allowing users to anticipate changes.
- Next Active Stake: Display the projected stake actively participating in the network in the next epoch, aiding users in planning their delegation strategy.
- Epoch: Highlight the epoch during which the account's delegation information is relevant, contributing to a contextual understanding of the data.
4.Stake Pool Analytics:
- Margin: Display the margin percentage set by the stake pool operator, indicating the portion of rewards retained by the pool.
- Fixed Cost: Showcase the fixed cost associated with delegating to the stake pool, providing insights into the pool's fee structure.
- Pledge: Present the amount of ADA pledged to the stake pool by the operator, contributing to an understanding of the operator's commitment.
- Delegators: Display the total number of delegators actively contributing to the stake pool, indicating its level of community support.
- Active Stake: Showcase the stake actively delegated to the pool, aiding users in assessing its current influence.
- Active Pool Size: Present the pool's current size based on active stake, contributing to insights into its competitiveness.
- Active Saturation: Display the saturation level based on active stake, indicating the pool's capacity to produce blocks.
- Live Stake: Show the total live stake, combining both active and inactive stakes, providing a holistic view of the pool's influence.
- Leverage: Present the leverage ratio, indicating the pool's capacity to produce blocks relative to its live stake.
- Pool Registration Date: Highlight the date when the stake pool was registered, offering insights into its historical presence.
- Block Production and Performance:
- Epochs with Block: Identify the epochs during which the pool successfully produced blocks, indicating its active participation.
- Lifetime Blocks: Display the total number of blocks produced by the stake pool over its operational lifetime.
- Lifetime Luck: Present the luck factor over the pool's lifetime, providing insights into its block production performance.
- Pool Fee: Showcase the fee percentage charged by the stake pool, contributing to users' decision-making regarding delegation.
- Total Rewards: Display the cumulative rewards earned by the stake pool, indicating its overall success.
- Lifetime Return on Stake (ROS): Present the return on stake percentage over the pool's lifetime, aiding users in assessing its historical performance.
- Identification and Hashing:
- Pool Hash: Display the hash representation of the stake pool's public key, uniquely identifying it on the blockchain.
- Pool ID: Present the stake pool's identification string, facilitating easy reference and delegation.
Unique Aspects:
- While there may not be options available specifically tailored to the Cardano ecosystem, there are numerous examples across various blockchain networks. Notable examples for Ethereum network include Ethereum Block Explorer, Blockchain explorer for Ethereum, Ethereum Block Explorer ERC20, and Blockchair: Block Explorer. Our research indicates a mobile explorer app is essential for the cardano blockchain network, and we aim to address this need.
- Live Data Updates: Real-time updates ensure users have access to the latest information, reflecting the dynamic nature of the Cardano blockchain.
- User-Friendly Interface: The app prioritizes an intuitive design, making blockchain data accessible to users with varying levels of expertise.
Benefits:
- Comprehensive Analysis: Users can perform detailed analyses of epochs, blocks, transactions, accounts, addresses, and stake pools, fostering a deeper understanding of the Cardano ecosystem.
- User Empowerment: The app empowers users, developers, and stakeholders by providing a robust set of tools for blockchain exploration and analysis.
- Community Engagement: Features such as stake pool analytics encourage community engagement, supporting Cardano's decentralized and collaborative ethos.
Impact Demonstration:
- Usage Metrics: Monitor user engagement with different features to understand which aspects of the blockchain are most relevant to the community.
- Feedback Channels: Establish channels for community feedback, ensuring continuous improvement based on user suggestions and preferences.
Our solution strives to create a comprehensive Cardano Explorer mobile app that goes beyond standard functionalities, catering to the diverse needs of the Cardano community and blockchain enthusiasts at large.
[IMPACT] Please define the positive impact your project will have on the wider Cardano community
In today's landscape, where users spend roughly 4 hours daily on mobile devices, mobile apps offer unparalleled accessibility and convenience. Introducing a mobile app option enhances user experience, providing flexibility and increased interaction. This aligns with industry trends, as many blockchain networks are investing in mobile app development for similar reasons. The positive impact can be outlined as follows:
1.Enhanced Accessibility:
- Value: The app will provide a user-friendly interface for exploring Cardano's blockchain on the go, fostering greater accessibility and usability.
- Measurement: Measure the increase in mobile interactions with the Cardano blockchain, gauging the app's success in reaching a broader audience.
2. Community Engagement:
- Value: Features like stake pool analytics and comprehensive blockchain exploration will encourage active community participation.
- Measurement: Monitor user engagement with community-related features, fostering a collaborative and engaged Cardano community.
Sharing Outputs and Opportunities:
- Regular Updates: Provide regular updates through release notes, community forums, and social media channels, highlighting new features and improvements.
- Community Forums: Actively participate in Cardano community forums to share project updates, gather feedback, and engage with users.
- Collaboration Opportunities: Identify opportunities for collaboration with other Cardano projects, contributing to a more interconnected ecosystem.
Measuring Impact:
- User Analytics: Utilize app analytics to measure user interactions, time spent on the app, and feature popularity. We’ll use google play console reports to analyze android app users data.
- Community Feedback: Establish feedback channels to collect qualitative insights from users, stakeholders, and the broader 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?
Track Record: Our previous funded mobile app projects showcase our proficiency, with successful applications boasting high download numbers (100,000+) and active user engagement(50,000+/month).
Community Trust and Endorsement: The community's continued trust and endorsement of our proposals underscore our proven ability to meet and exceed expectations. Our past funded projects such as "Cardano for 100,000 students", "Universal DevTools for Real-time Tracking for 45%+ of Global Websites Support", and “Enhancing Cardano Developer Ecosystem with Open Source Tooling” have received strong support from the Cardano community, reflecting their confidence in our team's capacity to deliver on promises and contribute meaningfully to the ecosystem's growth and development.
Collaboration: We've established a reputation for collaboration, evident in our partnerships with industry leaders. We have been recognized by prominent entities, aligning with our commitment to excellence in software development. Our project has joined Microsoft for Startups Founders Hub with a mix of 38 technical benefits and business resources.
Software Development Expertise:
Our team comprises skilled professionals experienced in blockchain, mobile app, and web system development.
Demonstrated success in delivering diverse technical projects with positive user outcomes.
In-depth understanding of blockchain technologies, particularly tailored to Cardano's ecosystem.
Open Source Engagement:
Active contributors to open-source projects, showcasing our dedication to collaborative development and knowledge sharing within the developer community.
Project Management Skills:
Proven project management capabilities demonstrated by the successful development and deployment of impactful systems.
Our project is led by individuals holding BSc, MSc, and BA degrees, along with recognized certifications such as Cardano Blockchain Certified Associate (CBCA).
Feasibility Validation
Technical Prototyping:
Initiated the development of a technical prototype, providing a tangible demonstration of key features for the proposed Cardano Block Explorer and Analytics Platform.
API Integration Tests:
Conducting rigorous integration tests with relevant APIs to ensure seamless real-time data retrieval, contributing to the reliability of our solution.
Community Feedback and Involvement:
Active engagement with the Cardano community through forums, discussions, and communication channels like Telegram.
Seeking and gathering continuous feedback to align our solution with the actual needs and expectations of users.
Continuous Evaluation and Adaptation:
Implementing an iterative approach to development, allowing us to continuously adapt the solution based on real-time user feedback and evolving technology trends.
[PROJECT MILESTONES] What are the key milestones you need to achieve in order to complete your project successfully?
Project Kickoff, API Endpoint Preparation, and Proof of Concept
- Description:
- Initiate the project by setting up the development environment, establishing communication channels, and conducting initial research.
- Set up Postman environment and collections for blockchain API endpoints.
- Implement basic functionality to interact with blockchain data using prepared API endpoints.
- Conduct initial testing to ensure compatibility and functionality of API endpoints with the application prototype.
- Milestone Outputs:
- Project Kickoff Report detailing established communication channels, and development environment setup.
- Proof of Concept (PoC) showcasing a functional prototype of core features.
- Define and document API specifications, including request and response formats.
- Acceptance Criteria:
- Successful establishment of communication channels and project management tools.
- Completion of the initial research phase with documented findings.
- Demonstration of a functional Proof of Concept with positive feedback from the development team.
- Develop mock responses for initial testing and validation.
Milestone 1 is underway with a successful kickoff, established communication channels, and active development of the Proof of Concept.
Core Feature Development and Alpha Release
- Description:
- Develop core features of the Cardano Explorer mobile app based on the validated Proof of Concept.
- Conduct internal testing and debugging to ensure feature functionality.
- Release an Alpha version of the app for limited community testing.
- Milestone Outputs:
- Completed development of core features, including blockchain exploration, account analysis, and token explorer.
- Internal testing documentation, highlighting resolved bugs and issues.
- Alpha Release of the Cardano Explorer mobile app, accessible to a limited group for testing.
- Acceptance Criteria:
- Successful implementation of core features with a focus on usability and functionality.
- Internal testing report demonstrating bug fixes and improvements.
- Alpha Release accessible to the designated community group, with positive feedback and identified areas for improvement.
Beta Version Development and Community Feedback Integration
- Description:
- Incorporate feedback from the Alpha Release to enhance user experience and resolve identified issues.
- Develop additional features, including stake pool analytics, and educational content.
- Release a Beta version of the Cardano Explorer mobile app on google play store for wider community testing.
- Milestone Outputs:
- Updated version of the app addressing feedback from the Alpha Release.
- Additional features implemented, expanding the app's functionality.
- Beta Release of the Cardano Explorer mobile app, accessible to a broader community for testing.
- Acceptance Criteria:
- Successful integration of community feedback into the app, improving usability and addressing reported issues.
- Implementation of additional features, demonstrating the app's evolution based on community needs.
- Beta Release accessible to a wider community, with positive feedback and further insights for refinement.
Feature Refinement, Data Validation and Release Candidate
- Description:
- Refine features based on extensive Beta testing feedback, emphasizing performance and user satisfaction.
- Perform extensive validation of blockchain data obtained through the Stable Platform API to ensure accuracy and consistency.
- Address any discrepancies or inaccuracies identified during the validation process.
- Develop a Release Candidate with validated data, refined features, and optimized performance.
- Milestone Outputs:
- Comprehensive validation report confirming the accuracy of blockchain data obtained through the Stable Platform API.
- Finalized version of the app with refined features, validated data, and optimized performance.
- Release Candidate of the Cardano Explorer mobile app, prepared for the official release.
- Acceptance Criteria:
- Successful validation of blockchain data, confirming its accuracy and consistency.
- Features refined based on validation results, ensuring a high-quality user experience.
- Release Candidate ready for deployment, incorporating validated data and meeting user expectations.
Official Release and Community Integration
- Description:
- Officially launch the Cardano Explorer mobile app for public use.
- Facilitate community integration by actively engaging with users, collecting feedback, and addressing any post-release issues.
- Implement continuous improvement processes based on user feedback to ensure a responsive and evolving application.
- Milestone Outputs:
- Officially released version of the Cardano Explorer mobile app, accessible to the wider Cardano community.
- Community engagement plan outlining strategies for feedback collection and issue resolution.
- Continuous improvement roadmap, highlighting planned updates and features based on community insights.
- Acceptance Criteria:
- Successful deployment of the Cardano Explorer mobile app for public access.
- Community engagement plan implemented, fostering active participation and feedback from users.
- Initiation of continuous improvement processes, demonstrating a commitment to evolving the app based on user needs.
User Adoption Metrics and Future Roadmap
- Description:
- Monitor user adoption metrics, including download numbers, active users, and user feedback, to assess the app's initial impact.
- Conduct surveys or feedback sessions to gather qualitative insights into user satisfaction and areas for improvement.
- Develop a future roadmap based on user feedback and emerging trends within the Cardano community.
- Milestone Outputs:
- User adoption report detailing download statistics, active user numbers, and other relevant metrics.
- Comprehensive analysis of user feedback, highlighting strengths, weaknesses, and areas for enhancement.
- Future roadmap document outlining planned updates, features, and improvements based on community insights.
- Acceptance Criteria:
- Successful tracking of user adoption metrics, providing insights into the app's popularity and impact.
- Analysis of user feedback, with identified trends and actionable insights for future development.
- Future roadmap prepared and shared with the community, demonstrating a commitment to ongoing improvement.
[RESOURCES] Who is in the project team and what are their roles?
DataScience Labs plc
DataScience Labs plc is a reputable development firm known for its expertise in blockchain solutions, including mobile apps, and web systems. Our team has a proven track record of contributing to various Cardano-related projects, showcasing a deep understanding of blockchain technology and innovative development practices.
The development team behind our previously funded proposals such as "Cardano for 100,000 students", "Universal DevTools for Real-time Tracking for 45%+ of Global Websites Support", and “Enhancing Cardano Developer Ecosystem with Open Source Tooling” will be working on this project as well, in conjunction with the below team.
Core Project Team:
1.Esubalew Amenu - Linkedin click here
2.Faizur Reshid (PhD) - Linkedin click here
- Role: Product Lead
- Experience: Product manager and analyst.
- Responsibility: Leading and controlling the research and development processes, ensuring timely delivery and user-friendly features.
- Assistant professor at Haramaya University
3.Senay Fenta - Linkedin click here
4.Ermiyas G.Egziabher - Linkedin click here
- Role: Developer
- Email: ermi12b@gmail.com
- Experience: Proficient in server-side programming languages, database management and API integration.
- Responsibility: Handles the backend development and integration of the platform.
5.Amanuel Gulelat - click here
- Role: Lead Mobile App Developer
- Experience:
- 6+ years of experience in mobile app development with a focus on Flutter.
- Contributed to the development of prominent Flutter-based projects within the blockchain space.
- Proven expertise in creating cross-platform applications with a strong emphasis on user experience.
6.Bereket Gebredingle - Linkedin click here
- Role: Blockchain Integration Specialist
- Experience:
- 5+ years of experience in blockchain integration and data synchronization.
- Worked on several projects involving real-time blockchain data updates.
- In-depth knowledge of various blockchain protocols and their integration challenges.
7.Mohammed Ibrahim - UX/UI Designer
- Portfolio: Mohammed Ibrahim
- Responsible for creating intuitive and visually appealing user experiences.
- Proficient in user interface design principles and user-centered design methodologies.
- Experience in designing engaging and user-friendly interfaces for mobile and web applications.
8.Khalid Abdurahman - Linkedin click here
- Role: Frontend Developer
- Responsible for developing the user interface and user experience.
- Experienced in recent frontend technologies.
- Experienced in creating responsive and intuitive interfaces.
9.Mahlet A. - click here
- Role: Quality Assurance (QA) Specialist
- Experience in software testing and QA processes, ensuring the reliability and functionality of the plugin
The project team comprises experienced individuals with diverse skills, including blockchain development, product management, UX/UI design, and research. The team is well-equipped to undertake the proposed work for the Cardano Explorer mobile app.
[BUDGET & COSTS] Please provide a cost breakdown of the proposed work and resources
Project Kickoff, API Endpoint Preparation, and Proof of Concept (1 Month) 10,000 ADA
- Project Management
- Kickoff meeting, documentation setup.
- Communication Tool Preparation and collaboration tool for team efficiency.
- Proof of Concept Development
- Core API collection preparation,
- Initial UI/UX concepts and technical feasibility testing.
Core Feature Development (#1) (1 Month) 21,000 ADA
- Core features implementation #1
- API optimization
- Epoch Information
- Stakeholder and Pool Metrics
- Transaction and Block Details
- Internal Testing and QA processes
- Google play account preparation
- Logo
Feature Development (#2) and alpha release (1 Month) 25,000 ADA
- Core features implementation #2
- Block Analysis
- Additional Block Metrics
- Block Size Analysis
- Token Policy
- Asset Details
- Supply Information
- Transaction History
- Internal Testing and QA processes
- Alpha Release on google play
Beta Version Development and Community Feedback (1 Month) 15,000 ADA
- Alpha release testing, bug fixes, and optimization.
- Beta Release Testing and User Feedback assessment
- Beta release testing, feedback collection, user engagement strategies.
- Community Engagement Initiatives
- Community forums setup, outreach programs, and webinars.
Feature Refinement and Release Candidate ( ½ Month) 10,000ADA
- Feature Refinement and Optimization
- Refinement of existing features, performance optimization.
- Data Validation Tools
- Implementation of tools for validating blockchain data accuracy.
- Release Candidate Development
- Final development, testing, and preparation for the Release Candidate.
Official Release and Community Integration (½ Month) 10,000ADA
- Launch Event and Marketing
- Launch event coordination, marketing materials, promotional activities.
- Community Integration Strategies
- Strategies for integrating community feedback, collaboration initiatives.
- Continuous Improvement Initiatives
- Ongoing improvements based on early user feedback.
User Adoption Metrics and Future Roadmap (Ongoing) 10,000ADA
- Metrics Tracking Tools
- Implementation of tools to track user adoption metrics.
- Survey and Feedback Analysis
- User surveys, feedback analysis, and reporting.
- Future Roadmap Development
- Planning for future features, enhancements, and technology adoption.
Additional expenses
Quality Assurance: 5,000ADA
- Quality Assurance Parameters Definition
- Quality Checks Integration
- Extensive Testing
CI/CD Implementation 5,000 ADA
- CI/CD Pipeline Setup
- Automated Testing Implementation
- Continuous google play Deployment Configuration
Contingency (5%): 5,550 ADA
Grand Total: 116,550 ADA
[VALUE FOR MONEY] How does the cost of the project represent value for money for the Cardano ecosystem?
The cost of developing the Cardano Explorer mobile app represents significant value for the Cardano ecosystem. Our team comprises seasoned professionals with proven expertise in blockchain development, ensuring the delivery of a high-quality and reliable product. The budget allocation is carefully justified, considering industry standards and the complexity of implementing a feature-rich mobile app. The costs are proportional to the skills and experience required for the project, ensuring optimal utilization of resources. This investment directly contributes to the Cardano community by providing a seamless and comprehensive mobile experience for exploring the blockchain, enhancing accessibility and usability for all users. The project's value extends beyond monetary considerations, aligning with Cardano's principles of decentralization and community empowerment.
Our budget is benchmarked against similar successful blockchain projects, ensuring competitiveness and value for money. For instance, comparative analysis with existing blockchain explorers indicates our budget allocation towards development and community engagement is within the industry standard for apps of this complexity and scope. Additionally, the cost per feature is calculated based on average development hours, taking into account the specialized skills required for blockchain integration.
ROI and Long-Term Benefits: The app is projected to significantly increase mobile interactions with the Cardano blockchain by at least 30% within the first year, enhancing the ecosystem’s accessibility and user engagement. By providing detailed analytics on stake pool performance and blockchain transactions, we empower users with actionable insights, fostering more informed investment and participation decisions. This not only contributes to the health and growth of the Cardano community but also enhances the blockchain’s visibility and appeal to new users. Our commitment to reinvesting a portion of any revenue generated back into the Cardano ecosystem underscores our dedication to its long-term success.