Link NFT with any purchase

[GENERAL] Name and surname of main applicant

Daniel Garcia, CTO of Plastiks (Nozama Tech Ltd.)

[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

Plastiks (Nozama Tech Ltd) is the main applicant and is represented by its CTO, Daniel Garcia and its CEO, André Vanyi-Robin. 

[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)

An open source developer module to Extend NFTs utility providing extra features, such as adding details to NFT with every purchase, for example, link Plastic Credits when an NFT is purchased.

[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?

Yes

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

The whole project will be open source, the components will be: 

  

• Policy Scripts to manage the liquidity pools and resources 
• Example of use case to link NFTs with Plastic Credits from Plastiks

[METADATA] SDG rating

SDG 6: Clean water and sanitation 

SDG 8: Decent work and economic growth 

SDG 9: Industry, innovation and infrastructure 

SDG 11: Sustainable cities and communities 

SDG 12: Responsible consumption and production 

SDG 13: Climate action 

SDG 14: Life below water 

SDG 17: Partnerships for the goals 

[SOLUTION] Please describe your proposed solution

About Plastiks: 

 

Plastic waste in the environment is a 350 million ton per year problem and downstream collection systems and recycling infrastructure needs to be improved and, in many countries, built out.  

 

Plastiks.io provides is a plastic waste recovery tracking platform that includes (currently the solution is built & working on the CELO blockchain): 

• Verifies the recovery and recycling of plastic from the environment. 
• Traces plastic waste from recovery to recycling. 
• Converts the waste recovery data into PLASTIC CREDITs that ensure transparency. 
• Offers companies and individuals the opportunity to sponsor plastic waste recovery. 

Plastiks certifies Plastic Recovery Entities in 20 locations around the world, enabling them to issue PLASTIC CREDITs on the platform. 

These entities recover and/or prevent plastic from reaching the environment. Once the plastic is recovered, they sell it to recyclers for its reintroduction in the industry or they use different solutions to give it a second life. 

The focus of this proposal: 

Attach an NFT to another when there is a purchase, extending the features of the NFT. Using the example of the use case of Plastiks, when a user buys any type of NFT, flight ticket, goods, or any type of product or service where an NFT as receipt, we can link Plastic credits so that each time an NFT is purchased, plastic is recovered. This case study can be applied to Carbon Credits i.e. each time an NFT, or any type of product or service where an NFT is used as a receipt and a real world asset can be attached to said NFT.

This technology can be used to link or attach any NFT, can be used for loyalty plans, memberships with extra benefits, etc.

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

Extending the usage of NFTs for different purposes, providing extra features like sustainability, but also can be used for loyalty plans, memberships, games, etc.

This will increase the number of metadata and transactions on the Cardano blockchain

It can create synergies and collaboration between various Cardano dapps collaborating and adding data points to one NFT

We will collaborate with NMKR to evaluate how to connect it with NMKR infrastructure/studio so it could serve the developer community.

The collaboration will target establishing by default the ability to link real world assets to any product of service transaction using NFTs as receipts so that the developer community will have access to the tools that allow them to create links between NFTS with the underlying goal of being able to attach metadata to all transactions whichever they may be. We will show working through a specific use case of attaching Plastic Credits to transactions.  

[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?

We do the development in-house and everything existing on the Plastiks ecosystem has been built by us. We want to bring the whole ecosystem into Cardano, including new customers that will bring more users. 

To date, Plastiks has developed and deployed a fully operational plastic credit marketplace that has been validated by many customers and most significantly by the Barcelona Football Club.  

The Plastiks platform is fully operational, running at 100% efficiency, enabling recycling entities to issue credits for plastic recycling. This mechanism allows both individuals and businesses to acquire these credits, ensuring the recovery of plastic and providing crucial funding to recycling entities. This support empowers them to achieve their long-term objectives and drive meaningful environmental change. 

Moreover, NFC collection creators are offered a valuable avenue through Plastiks to develop sustainable collections. Each purchase of an NFC guarantees the recovery of a specific quantity of plastic, endorsing responsible environmental stewardship. This forward-thinking model not only elevates the intrinsic value of each NFC collection but also directly contributes to the conservation of our planet. 

Additionally, it is planned for Plastiks credits to be purchasable with Ada and other coins within the Cardano network. This integration aims to enhance accessibility and flexibility for users, fostering a wider adoption of sustainable practices within the blockchain community. By leveraging the Cardano network's capabilities, Plastiks is set to bridge the gap between environmental sustainability and cryptocurrency, marking a significant step forward in eco-friendly blockchain initiatives. 

The process of developing and implementing the marketplace was done over a period of 2 years and has been able to integrate twenty waste recovery entities in twenty different countries with Barcelona Football Club and their fans.  

Additionally, work has been done to develop and deploy ecommerce tools on the blockchain to acquire Plastic Credits. Specifically, a Shopify App on CELO blockchain was deployed to allow buyers to recover plastic when buying products from any Shopify ecommerce store front.  

 

Additionally, a subscription platform for businesses and individuals has been developed and deployed to enable small businesses and individuals to recover plastic by buying plastic credits in a recurring format with Apple Pay, Google Play or with Credit Cards. 

All of these functionalities would be deployed on CARDANO. 

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

Policy script definition and implementation in the test environment to define the link between the NFTs. 

 

 

Milestone output(s) 

• Onboarding to project catalyst
• Design of the Smart contracts of the protocol in Github 

 

Acceptance criteria  

• The smart contracts of the protocol are uploaded in Github with tests 

 

Duration: 5 weeks 

Policy script definition and implementation in the test environment to let existing application to interact with this solution. 

 

 

Milestone output(s) 

• Smart contracts of the protocol in Github 

 

Acceptance criteria  

• The smart contracts of the protocol are uploaded in Github with tests 

 

Duration: 4 weeks 

Create the widgets for UI and backend integration to make it plug&play (as much as possible) for other projects to use it. 

 

Backend to handle the connectivity between the smart contracts and the UI, and deploy in the test environment 

 

 

Milestone output(s) 

• Backend in Typescript uploaded in Github 
• UI in React JS uploaded in Github 

 

Acceptance criteria  

• The code is uploaded in Github 

 

 

Duration: 6 weeks 

Create a simple dashboard to see the activity of the linked NFTs where everybody can see what is going on. 

 

In the case of Plastiks the KPIs to show will be: 

• How much plastic has been recovered by each NFT

 

Milestone output(s) 

• Backend in Typescript uploaded in Github 
• UI in React JS uploaded in Github 

 

Acceptance criteria  

• The code is uploaded in Github 
• The dashboard show the activity of the ReFi protocol displaying the KPIs mentioned above 

 

 

Duration: 4 weeks 

Implement the example usage for the Plastiks, so everybody can see which NFTs have been linked with Plastic credits 

 

Milestone output(s) 

• Example of usage with a real case for Plastiks 

 

Acceptance criteria  

• The application is deployed in production for the use case of Plastiks 
• The Plastiks ecosystem starts using it 

 

 

Duration: 4 weeks 

Create the documentation for everybody to use the protocol, the closing video and wrapping up 

 

 

Milestone output(s) 

• Documentation about the protocol 
• Closing report 
• Closing video 

Acceptance criteria  

• Documentation to use the protocol is available 
• Application is live on Cardano 
• Closeup video and report 

 

Duration: 4 weeks  

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

We will use the Plastiks team to work on this project because the key team members have been working together for the last three years. 

 

Daniel Garcia, CTO, Project LEAD on all CARDANO matters. 

https://www.linkedin.com/in/danigarciaperez/ 

 

 

André Vanyi-Robin, CEO: 

https://www.linkedin.com/in/andrevanyirobin/ 

 

 

 

Raúl, Sr. Developer  

https://www.linkedin.com/in/raulvila/ 

 

 

Andrés, Sr. Developer 

https://www.linkedin.com/in/andresmalopez/

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

Assumptions: 

• Company hourly CTO rate: $90 per hour
• Company hourly senior rate: $75 per hour 
• Company hourly project manager rate: $50 per 
• Company hourly design rate: $50 per hour 
• 1 ADA = 0.46 USD (current price with slippage tolerance) 

 

 

Project Costs: 

• Development and testing: $72.750.00
• Project Management / Documentation: $6,000.00
• Platform designs: $3,000.00 

 

TOTAL: $81,750 = 177,717 ADA  

 

BUDGET FOR EACH MILESTONE: 

 

Milestone 1: $17,950 => 39,021 ADA

Milestone 2: $14,000 => 30,438 ADA

Milestone 3: $18,000 => 39,130 ADA  

Milestone 4: $14,000 => 30,434 ADA 

Milestone 5: $14,800=> 32,173 ADA 

Final Milestone: $3,000 => 6,521 ADA

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

The project will be completely open source with an example of usage for Plastiks, the protocol can be used by many other projects in the ecosystem that have a customer token and want to fund collaborators while avoiding big fluctuations. 

 

All costs represent the times and materials for the skill sets involved at all phases of the project, in order to have the Plastiks ecosystem on Cardano, bringing Plastic Credits to Cardano. 

 

The cost of this project has been meticulously calculated, aligning with current market standards and labor cost considerations within the blockchain industry. My development experience validates that the projected timeline adequately reflects the complexity of tasks and does not exceed the realistically incurred time. 

Considering that a substantial amount has already been developed, initiating this project 'from scratch' would result in significantly higher costs. The project is economically viable as it leverages existing resources and expertise, contributing to an overall reduction in expenses. 

Moreover, the project brings substantial benefits to the Cardano ecosystem. It not only enhances functionality but also makes a positive impact on the community, fostering sustainability and growth. This investment ensures long-term advantages for the Cardano ecosystem, delivering benefits to Ada holders, Pool operators and DReps, and increasing the number of Open Source projects and Cardano Developers within the ecosystem.