AdaLink: Multichain Tip Links

[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] 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)

We will integrate Tip Links to the AdaLink dApp to enable everyone to create a link to receive tips directly to a specific wallet on Cardano and other blockchains.

[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

While we value the principles of open source, we will initially keep core components proprietary to establish a strong brand identity and ensure platform stability. We plan to gradually open source certain elements. This phased approach allows us to refine the platform while contributing to the Cardano ecosystem, balancing innovation with strategic growth. 

[SOLUTION] Please describe your proposed solution

At AdaLink, we are developing the first affiliate network on the Cardano blockchain. To attract more marketers and creators to our platform and to Cardano, we are focused on enhancing the robustness of the AdaLink affiliate network by integrating the multichain TipLink feature. This integration will enable our Affiliate Network to attract a diverse range of marketers and affiliates from both traditional environments and various other blockchains.

TipLink is a feature running on the AdaLink decentralized application (DApp) designed to facilitate peer-to-peer tipping using blockchain technology. The Minimum Viable Product (MVP) for TipLink will include key features to enable effective and secure tipping on the blockchain, with added functionalities for user profiles and tip tracking. Here’s a detailed description of the MVP:

1. Profile Creation: Users, both tippers and creators, can create profiles on TipLink. These profiles will store essential information such as the user’s public Cardano and other blockchain wallet addresses, tipping history, and received tips. The profile feature allows for a personalized experience.
2. Unique Tip Link Generation: Creators can generate a unique TipLink URL linked to their profile. This URL securely encodes their wallet address and can be shared across various platforms to receive tips directly.
3. Tipping Interface: When a user clicks on a TipLink URL, the DApp decrypts the URL to retrieve and display the transaction details, including the creator's profile name and tip amount suggestion. Users can adjust the tip amount as per their preference.
4. Transaction Setup and Security: The tipping transaction is facilitated through the user’s wallet integrated within the DApp. Each transaction requires explicit approval from the tipper to ensure secure processing. Additionally, a service fee of 1 ADA is deducted from the total tip amount.
5. Tipping Tracking and History: For tax purposes and convenience both tippers and creators can track their tipping activities through their profiles.

TipLink offers a streamlined, secure way for fans and followers to support creators directly on the Cardano blockchain.

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

The development and implementation of TipLink will have several positive impacts on the wider Cardano community:

1. Attract marketers to Cardano: This integration will enable our Affiliate Network to attract marketers, creators and affiliates from both traditional affiliate programs and other blockchains. 
2. Increased Blockchain Adoption: TipLink would serve as a practical application of blockchain technology, potentially attracting new users to the Cardano community. As people engage with the platform to support their favorite creators, they become more familiar with digital currencies and blockchain operations, fostering greater adoption and understanding.
3. Enhanced creators’ economy: By facilitating direct financial transactions between supporters and creators, TipLink would empower individuals and small businesses within the Cardano and other blockchain ecosystems. This peer-to-peer tipping system would enable creators to monetize their content or services directly, bypassing traditional revenue-sharing platforms.

Overall, integrating TipLink into our affiliate network could significantly enhance its robustness, strengthen the creator economy, and additionally promote the broader use of blockchain technology among creators.

[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?

To provide a clearer understanding of our project's feasibility, we encourage you to visit our prototype at TipLink (https://tip-preview.adalink.io/). This early version reflects our team's commitment and ongoing efforts to develop the TipLink project responsibly. Here's how we validate our approach and ensure feasibility:

1. Experienced Team: Our team has experience in blockchain technology, software development, and project management.
2. Community Engagement and Feedback: We maintain an open line of communication with the Cardano community, gathering feedback and suggestions.
3. Robust Project Roadmap: Our strategy focuses on creating an easy-to-use dApp, targeting users in and out of the Cardano ecosystem.

KPIs:

The success of TipLink will be measured through a combination of quantitative and qualitative Key Performance Indicators (KPIs). These KPIs will provide a comprehensive view of the platform's performance, user engagement, and overall impact on the Cardano ecosystem.

Quantitative KPIs:

1. Product Integration Completion: Successful blockchain integration to the TipLink platform and integration of the TipLink dApp to AdaLink’s Affiliate Network.
2. User Registration: The number of registered users on the platform.
3. Successful Transactions: Number of transactions that have been executed successfully on the platform.
4. Revenue: We plan to implement a 1 ADA platform fee. This means that when users send their tip, a fee of 1 ADA will be deducted from the total amount. This metric will help us track and measure the revenue generated by the platform through these transaction fees.

Qualitative KPIs:

1. Platform Engagement: Metrics such as website traffic, user engagement, and social media engagement will be used to gauge the level of engagement with the platform.
2. Customer Satisfaction: We will measure the satisfaction of customers by conducting surveys, conducting interviews, and analyzing feedback.

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

Pre-Production

Milestone Outputs   

1. Conducted studies on the overall platform architecture, i.e., a description of the different parts of the platform and their relations with each other.

2. Conducted research on trustless operations.

3. Platform wireframe and mockups, related to UX/UI.

Acceptance criteria 

A shared PDF documenting the following details:

1) Finalized Overall Architecture of the Platform:

a. A comprehensive document will be created and publicly shared, detailing the overall architecture of the platform. This will include discussions on protocols, logic flow, and how they integrate to form the platform's foundation.

b. The database architecture will be established, with detailed descriptions of table designs, relationships, and data storage requirements made available. This ensures efficient data management and retrieval capabilities are transparent.

c. Research and Documentation: Conduct in-depth research into the potential integration of a multichain feature. This document aims to provide a clear understanding of how TipLink could facilitate peer-to-peer transactions using other blockchains.

2) Completed Wireframes and Mockups for User Interface and User Experience: A set of wireframes and mockups will be developed, reflecting a thorough understanding of the platform's design and functionality. These assets will be compiled into a PDF document that demonstrates the user interface and user experience design comprehensively.

Evidence of milestone completion

1. “Platform Architecture” Document: A PDF document detailing the finalized overall architecture.

2. “Wireframes & Mockups” Document: A detailed PDF document including all developed wireframes and mockups.

MVP Development  

Milestone Outputs  

1. User interface for minimum viable product (MVP) based on wireframes. Wallet, user, and database integration completed with frontend.

2. Complete protocols used in the backend.

Acceptance criteria

1. Completed MVP user interface. This includes:

a)    Ability to login with a wallet.

b)   Ability to register as a user.

2. Functional backend and successful integration between backend and frontend. This includes:

a)    Ability to log back in once registered as a user.

b)   Ability for users to edit their profiles.

c)    Ability to generate a unique TipLink.

Evidence of milestone completion

Published URL to access the finished MVP in a test-net environment.

Integration of Bitcoin, Ethereum and BNB

Milestone outputs:

Integrate Bitcoin, Ethereum and BNB blockchains to begin expanding the multi-chain functionality of the TipLink feature.

1. Develop and test the interfaces for Bitcoin, Ethereum and BNB blockchain integrations.
2. Implement transaction handling for BTC, ETH and BNB
3. Conduct security checks and optimize performance for transactions involving these blockchains.

Acceptance Criteria:

1. Successful integration of Bitcoin, Ethereum and BNB. This Includes:

a) Ability to perform transactions with BTC, ETH and BNB using TipLink.

Evidence of milestone completion

Published URL to access the finished MVP with multichain feature integration.

Integration of Solana, Doge and XRP

Milestone outputs:

Integrate Solana, Doge and XRP blockchains to continue expanding the multi-chain functionality of the TipLink feature.

1. Develop and test the interfaces for Solana, Doge and XRP blockchain integrations.
2. Implement transaction handling for Solana, Doge and XRP.
3. Conduct security checks and optimize performance for transactions involving these blockchains.

Acceptance Criteria:

1. Successful integration of Solana, Doge and XRP. This Includes:

   a) Ability to perform transactions with Solana, Doge and XRP using TipLink.

Evidence of milestone completion

Published URL to access the finished MVP with additional multichain feature integration.

Final Report

Output:

Final project report and Demo video.

Acceptance Criteria:

· Detailed project report covering the entire development process.

· Video showcasing the platform's features.

Evidence of milestone completion:

1) A link to the final report document.

2) A link to the close-out video

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

Our team comprises experienced professionals with diverse backgrounds and skills, each contributing to different aspects of the project.

Lead Developer: Mahmoud Nimer, a Mechanical Engineer with a Master of Science degree in Control Systems and Robotics, has extensive experience in industrial automation engineering. As a Plutus Pioneer, Mahmoud has been an active builder in the Cardano ecosystem and is the founder of Shrooms, a platform that provides specialized services for non-fungible token projects (NFTs), including non-custodial staking, raffles, and token ATMs.

Website  

Project Lead: Natalia Rosa, with a Bachelor of Science Degree in Film, brings over a decade of experience working, directing and supervising production departments for various film, television, and multimedia promotional campaigns. She has worked on award-winning projects and with renowned artists. Natalia will leverage her expertise in project management and multimedia production for AdaLink.

LinkedIn

Project Lead and Community Manager: Gisela Rosa is the co-founder of Blockverse Media, Inc., a company that develops various crypto products, including AdaLink and La Cryptoría. Since epoch 259, she has been a strong supporter of multiple projects built on Cardano, consistently promoting Cardano's values within the community.

Known as Arcella on CT, Gisela is not only a professional musician with over 10 years of experience but also an educator who has collaborated with world-renowned and emerging artists. Her profound understanding of the Cardano ecosystem enables us to cultivate a welcoming and inclusive environment. With her guidance, AdaLink can become a platform that truly comprehends and serves the needs of the Cardano community.

Socials

Project Advisor: Bryan Hernández is a software engineer with a Bachelor of Science in Electrical Engineering from the Inter American University of Puerto Rico. He co-founded Blockverse Media, the parent company of AdaLink, and has extensive experience in the aerospace manufacturing industry.

Currently, Bryan serves as a Software Automation Engineer in the healthcare sector, where he continues to leverage his technical skills and problem-solving abilities. His passion for emerging technologies, including cryptocurrency and video games, as well as his love for the arts, music, and anime, fuels his innovative approach to challenges. With his guidance, he will assess and provide expert advice as needed, ready to contribute to the successful completion of the project.

LinkedIn

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

1. Development 133,000 ADA (~$58,400 USD)

Frontend Development: Involves UI/UX design, data integration, and testing, focusing on creating a user-friendly interface and ensuring comprehensive functionality.

2. Project Management 105,000 ADA (~$46,000 USD)

Covers the administrative expenses associated with managing the project.

3. Basic Marketing 46,000 ADA (~$20,000 USD)

Essential marketing and promotional activities such as social media advertising, content/media creation, and community engagement to increase platform awareness within the Cardano community.

4. Legal Expenses 16,000 ADA (~$6,900 USD)

Includes the costs associated with legal services, consultations, and any other legal requirements of the project.

Total Budget: 300,000 ADA

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

1. Technological Innovation: TipLink, which includes features such as multichain integration and seamless tipping mechanisms, pushes the boundaries of what’s currently available on Cardano.
2. Support for the Creator Economy: TipLink directly supports creators by enabling an alternative revenue stream, which is especially beneficial in a digital economy where monetization can often be a challenge.
3.  Attracts Marketers and Promoters: TipLink integration to AdaLink’s affiliate network can draw a diverse range of content creators and marketers to both Cardano and other blockchain ecosystems. This influx increases diversity within the community, enabling broader adoption and bringing new ideas and initiatives that can spur further growth and innovation.

Overall, the costs associated with developing TipLink are justified by the benefits it delivers: Driving technological advancement, supporting economic opportunities for creators, and attracting new participants to Blockchain and Cardano ecosystems.