Cardano powered i-commerce

[GENERAL] Name and surname of main applicant

Isobel Robson

[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

Vladimir Shcheblykin

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

12

[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)

Establish capabilities of interactive digital commerce through an innovative, customisable web-based framework, built for Cardano integration.

[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

This project will be partially open source. We plan to release key components of the framework, including some core functionalities and documentation. We will collaborate with the broader developer community, encouraging contributions and fostering innovation.

We aim to onboard businesses and creators more effectively, enabling them to customise and extend the framework to meet their unique needs.

[METADATA] SDG rating

Sustainable Development Goal 9: Build resilient infrastructure, promote inclusive and sustainable industrialisation and foster innovation

[SOLUTION] Please describe your proposed solution

The interactive-commerce (i-commerce) market has been growing rapidly in recent years, fueled by advancements in tech, and changing consumer preferences. While traditional e-commerce focuses mainly on convenience and efficiency, i-commerce adds elements of entertainment and engagement, creating more memorable and personalised digital shopping experiences. One indicator of the growing importance of i-commerce is the increasing adoption of interactive features by major brands and retailers. Companies like Lacoste are leveraging i-commerce to enhance their online shopping experiences and differentiate themselves from competitors.

Our proposed solution amplifies the case for Cardano integration in customisable i-commerce solutions.

The framework for Cardano i-commerce is derived from the success of our web-based Pant wearables store, The Stand. The Stand was the MVP and first showcase of an original framework where commerce meets entertainment and interactivity. This framework, with more rigorous development, can provide businesses / creators with the tools they need to easily integrate Cardano-based i-commerce functionalities into their web environments.

Framework Section

1. What the framework is:

The i-commerce framework is a comprehensive, customizable web-based platform designed to enhance i-commerce capabilities for businesses /creators. It is built using functionalities of the Cardano blockchain and provides a suite of tools for creating engaging, personalised digital shopping experiences - just like we did with The Stand.

2. What the framework does:

The framework enables businesses to integrate interactive features into their online stores. It provides functionalities for product management, order processing, user authentication, payment processing, and more, all while leveraging blockchain tech for enhanced security and transparency.

3. What’s included in the framework:

• Core Capabilities: Product management, order management, user authentication, payment gateway integration, shopping cart, and checkout.
• Enhanced Features: Store personalisation, interactive product visualisation, social commerce integration, analytics, and insights.
• Developer Tools: APIs, SDKs, customisation and theming options, and scalability and performance enhancements.
• Blockchain-Specific Features: ADA or CNT payment processing, tokenisation and loyalty programs, use of NFTs for immutable product ownership.

4. How users will use it:

• Businesses / creators will use the framework to build and customise their online stores.
• Developers can integrate and extend the platform using provided APIs and SDKs, customise the user interface, and build custom plugins and extensions.
• Consumers will experience enhanced shopping with interactive product views, and secure blockchain-based transactions.

6. Where does Cardano fit in?

• Supports ADA (and CNT) payments and integrates with Cardano wallets, allowing users to transact securely on the blockchain.
• Utilises Cardano’s capabilities to create custom tokens for loyalty programs and / or to represent product ownership through NFTs.

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

One indicator of the growing importance of i-commerce is the increasing adoption of interactive features by major brands and retailers. We believe that putting a Cardano-centric solution at the forefront of a blossoming market will have a lots of positive benefits for the community, including:

1. Enabling businesses to integrate i-commerce functionalities into their web environments will stimulate iIncreased online transactions that will contribute to Cardano growth.
2. This framework can empower businesses / creators to take control of their online presence.
3. Driving adoption of the Cardano network for commercial purposes. As we onboard businesses to this framework, they will become increasingly familiar with the benefits of blockchain, paving the way for broader adoption across industries.
4. By making the framework partially open source, our project will add to a culture of collaboration as we encourage developers to build upon our work. 

[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?

The team behind Clay Nation has shown a robust commitment and capability to deliver, with over 2.5 years of experience operating in the Cardano space and numerous great achievements under our belt.

The team at Clay Nation consists of professionals in blockchain technology, business development, community management and marketing.

We will prioritize transparency and communication, through use of several communication channels - X, Telegram and Discord - ensuring that the community stays informed and engaged throughout the process.

Broadly speaking, we will employ a strategy such as the following to ensure that our approach is feasible.

Step 1: we will build on our existing MVP to demonstrate the technical feasibility of our i-commerce framework. We'll build out this prototype and conduct testing.

Step 2: we will conduct market research to assess verticals and the demand for certain i-commerce solutions. Along the way we will gather feedback from our network.

Step 3: we will actively engage with users and creators, to gain feedback and insights. 

Step 4: Partnering with select businesses and creators to launch a pilot program to test our i-commerce framework in a real-world environment, gather feedback and implement changes.

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

MVP Framework Development:

• Milestone: Complete the initial version of the i-commerce framework.
• Details: Develop and refine core functionalities such as product management, order processing, user authentication, and payment gateway integration. Conduct thorough testing to ensure the framework is functional, secure, and performs well.

Engagement and Adoption:

• Milestone: Onboard the first users and businesses.
• Details: Engage with the Cardano community to raise awareness about the framework. Establish partnerships with first businesses interested in using the framework. Gather feedback to enhance user experience and functionality.

Pilot Launch and Evaluation:

• Milestone: Successfully complete the pilot program.
• Details: Launch a pilot program to test the framework in a real-world setting. Collaborate with selected businesses / creators to gather feedback and identify areas for improvement. Implement necessary adjustments based on pilot results.

Open Source Component Release:

• Milestone: Release key components of the framework as open source.
• Details: Make core functionalities, documentation, and APIs publicly available under an open source license. Encourage community contributions.

Continuous Improvement and Support:

• Milestone: Achieve ongoing community engagement and framework enhancement.
• Details: Maintain active communication channels with users and developers. Provide continuous support and updates to the framework.

Project Closeout Report

Project Closeout Video

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

Powered by the Clay Nation team. You can find an overview of the team and roles here.

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

Total: 290,000 ADA

Team: 160,000 ADA

Experienced front end devs, back end devs, blockchain developers, designers and business development professionals.

We see this broken down as follows:

Developer (1):

• Salary for frontend developer responsible for designing and implementing the user interface and interactive features 
• Allocation: 35,000 ADA 

Developer (2):

• Salary for backend developer responsible for building the server-side infrastructure, databases, and APIs
• Allocation: 35,000 ADA 

Developer (3):

• Salary for blockchain developer specializing in Cardano integration, smart contract development, and blockchain-related functionalities.
• Allocation: 45,000 ADA 

Designer (1):

• Salary for designers responsible for creating appealing and user-friendly interfaces, graphics, and branding elements
• Allocation: 15,000 ADA 

Marketing (1):

• Salary for a marketing specialist tasked with devising and executing marketing strategies, campaigns, and promotional activities to drive users and engagement.
• Allocation: 15,000 ADA

Business Development (1):

• Salary for a person(s) responsible for identifying strategic partnerships, negotiating agreements, and expanding market opportunities for the i-commerce platform.
• Allocation: 15,000 ADA

Marketing and Communications: 25,000 ADA

• Marketing materials and promotions.
• Digital marketing campaigns
• Social media advertising

Framework Development: 55,000 ADA

• Software development
• Costs associated with integrating Cardano's blockchain technology into the framework
• Security software and tools
• Development Frameworks and Libraries
• Documentation and Collaboration Platforms

Pilot Program Launch: 13,000 ADA

• Onboarding pilot participants and providing incentives for participation, Such as: discounts on purchases, loyalty points, or exclusive access to beta features.
• Costs for managing and monitoring the pilot program.
• Technical Support and Infrastructure: Provision of technical support to pilot participants to ensure a smooth onboarding experience and troubleshoot any issues that may arise during program participation.
• Investment in additional infrastructure or resources to handle increased user activity and data processing associated with the pilot program.

Strategic Partnerships: 12,000 ADA

• Allocation for seeking high-level retail partners
• Investment in building relationships with key stakeholders to drive adoption.

Contingency Fund: 25,000 ADA

• Approx 10% of the budget reserve fund for unforeseen expenses.

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

This framework can drive adoption and real-world utilisation of the Cardano blockchain for commercial purposes.This framework opens the doors for many opportunities for Cardano ecosystem growth - representing an avenue that will provide excellent value over time. A couple of reasons:

Growing capabilities! As the i-commerce market blossoms rapidly, it opens up new avenues for economic activity and innovation. Ultimately placing a Cardano-based solution at the heart of that will contribute to real-world utility and the growth of Cardano.

Lasting impact! We believe in the long-term benefits that the development of an i-commerce framework can bring. With this framework we lay the groundwork for an ecosystem that nurtures businesses / creators - making it an attractive and easier ecosystem to expand in.

Expanding presence! As we've seen through the adoption of interactive commerce experiences in the mainstream, i-commerce capabilities have the potential for widespread. Businesses / creators can leverage the platform to tap into the growing digital economy, powered by Cardano.