[GENERAL] Name and surname of main applicant
Hoang Pham (Hapee) - CEO & Founder of Kaivest
[GENERAL] Are you delivering this project as an individual or as an entity (whether formally incorporated or not)
Entity (Not Incorporated)
[GENERAL] Please specify how many months you expect your project to last (from 2-12 months)
4
[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)
Kaivest provides an all-in-one AI-driven crypto trading platform on Cardano, offering smart money analysis, profitable trading signals, expert AI assistant, and advanced token analytics.
[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
Kaivest's core trading platform and AI algorithms will not be open source for the following reasons:
- Proprietary Technology: The AI-driven trading algorithms and smart money analysis tools are the key differentiators of the Kaivest platform. Making these proprietary technologies open source would diminish Kaivest's competitive advantage and unique value proposition in the market.
- Intellectual Property Protection: Kaivest's advanced AI algorithms and trading strategies are the result of extensive research and development by our team. We need to protect this intellectual property to ensure the long-term sustainability and profitability of the project.
- Security Concerns: Open-sourcing the entire platform could potentially expose vulnerabilities in our system, which malicious actors could exploit to the detriment of our users and the integrity of the platform.
- Commercial Viability: As a commercial project, Kaivest needs to generate revenue to support ongoing development, maintenance, and operations. Open-sourcing the core platform would undermine our ability to monetize the project and ensure its long-term viability.
However, we are committed to supporting the Cardano ecosystem and fostering innovation. As such, we plan to:
- Provide comprehensive API documentation and developer resources to enable third-party developers to build on top of the Kaivest platform.
- Contribute to the Cardano open-source community through bug reports, feature suggestions, and collaboration with other projects where appropriate.
- Consider open-sourcing select non-critical components of the platform that could benefit the wider community without compromising our competitive position.
We believe this approach strikes a balance between protecting Kaivest's core intellectual property and supporting the growth and development of the Cardano ecosystem.
[METADATA] SDG rating
N/A
[SOLUTION] Please describe your proposed solution
1.The Problem:
DEX Cardano Traders and CEX traders face significant challenges:
- Scattered Analysis Tools: Most ecosystems lack a unified, sophisticated, and user-friendly market analysis suite, especially for DEX traders on Cardano .
- Insufficient Smart-Money Analysis Actionable: There is a dearth of tools that offer comprehensive insights into smart money activities on Cardano, which are essential for spotting market opportunities.
- Unreliable trading signals: Many existing crypto trading signaling solutions are ineffective or unprofitable.
- Poor Accessibility and Usability: Tools available are often complex and not user-friendly, particularly for novice traders.
- Needing Quick, Smart Advice: Traders need fast and smart help, but don't know where to get it. They need someone (or something) to guide them in making quick and informed decisions.
2.The Solution
Kaivest is a groundbreaking AI-driven crypto trading platform designed to address the unique challenges faced by traders in the Cardano ecosystem and the broader crypto market. We perceive the problem as a lack of comprehensive, user-friendly tools that provide actionable insights and reliable guidance for traders of all skill levels.
Our solution is unique in its approach, combining advanced AI algorithms, smart money analysis, and an intuitive user interface to create an all-in-one platform specifically tailored to the needs of Cardano traders. By leveraging the power of AI, Kaivest analyzes vast amounts of on-chain data, market trends, and smart money movements to provide users with real-time insights and trading signals.
Key USP Feature of the Kaivest platform include:
- Smart Money Analyzer: Our proprietary AI algorithms track and analyze the activities of successful traders and institutions on the Cardano network, providing users with valuable insights into market sentiment and potential opportunities.
- AI Trading Assistant: Kaichat is a versatile AI Trading Assistant designed to support users by providing comprehensive analysis and insights across various dimensions of cryptocurrency trading and investment.
- Reliable Trading Signals: Our platform generates reliable trading signals based on advanced technical analysis and machine learning models, helping users identify optimal entry and exit points for their trades.
- Cardano Token Analytics: Kaivest provides in-depth analytics and insights for Cardano-based tokens, enabling users to make data-driven investment decisions and uncover promising opportunities within the ecosystem.
- Smart Alerts and Unique Categories for Find Gems: By sending timely alerts about critical market movements and offering unique categories in the Find Gems feature, Kaivest ensures that users can react swiftly to opportunities and tailor their discovery process to their specific investment styles or interests.
Kaivest will engage a wide range of users within the Cardano community, from novice traders seeking guidance and support to experienced professionals looking for advanced tools and insights. Our user-friendly interface and educational resources will make the platform accessible to all, helping to drive adoption and growth of the Cardano ecosystem.
To demonstrate our impact, we will track and report key metrics such as user growth, trading volume, and the success rate of our AI-generated trading signals. We will also actively seek feedback from our users and the wider Cardano community to continuously improve and refine our platform.
By providing a powerful, AI-driven trading solution specifically designed for the Cardano ecosystem, Kaivest will help to attract more traders and investors to the platform, contributing to increased liquidity, stability, and overall growth of the Cardano network. Our platform will also serve as a showcase for the potential of AI and machine learning applications within the Cardano ecosystem, inspiring further innovation and development.
[IMPACT] Please define the positive impact your project will have on the wider Cardano community
Kaivest will have a significant positive impact on the Cardano community by driving adoption, liquidity, and innovation within the ecosystem:
1.Increased Adoption and Liquidity:
- By providing a user-friendly, AI-powered trading platform, Kaivest will attract more traders and investors to the Cardano ecosystem, contributing to increased adoption and liquidity.
- The success of Kaivest will demonstrate the potential of Cardano as a leading blockchain platform for decentralized finance (DeFi) and trading applications, further enhancing its reputation and drawing in more users and developers.
2.Empowering Traders with AI-Driven Insights:
- Kaivest's AI-powered tools and insights will help traders of all skill levels make more informed decisions, leading to a more confident and successful trading community within the Cardano ecosystem.
- By democratizing access to advanced trading tools and insights, Kaivest will contribute to a more level playing field and greater financial inclusion within the Cardano community.
3.Fostering Innovation and Collaboration:
- The success of Kaivest will showcase the potential of AI applications within the Cardano ecosystem, inspiring other developers and projects to explore innovative use cases and collaborations.
- Kaivest will actively engage with the Cardano community, sharing insights, best practices, and lessons learned to support the growth and development of the ecosystem as a whole.
Measuring Impact: To measure the impact of Kaivest on the Cardano community, we will track and report on the following key metrics:
1.Quantitative Metrics:
- Number of active users on the Kaivest platform
- Success rate of AI-generated trading signals
- Number of Cardano-based gems found on Kaivest
2.Qualitative Metrics:
- User satisfaction and feedback gathered through surveys and community engagement
- Partnerships and collaborations with other projects and stakeholders within the Cardano ecosystem
- Media coverage and social media sentiment analysis showcasing Kaivest's impact and reputation within the community
Sharing Outputs and Opportunities: Kaivest will share the outputs and opportunities resulting from our project through the following channels:
- Regular blog posts, newsletters, and social media updates highlighting platform developments, milestones, and success stories
- Participation in Cardano-focused events, webinars, and conferences to share insights and engage with the community
- Collaboration with other projects, stakeholders, and thought leaders within the Cardano ecosystem to explore synergies and amplify impact
- Publication of case studies, research papers, and industry reports showcasing the potential of AI-driven trading and DeFi applications on Cardano
- Ongoing engagement with the Cardano community through forums, social media, and dedicated community management efforts to gather feedback, address concerns, and identify new opportunities for growth and impact
By actively measuring and communicating the impact of Kaivest on the Cardano ecosystem, we aim to create a virtuous cycle of growth, adoption, and innovation that benefits the entire 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 ability to deliver the Kaivest project with high levels of trust and accountability is based on the proven capabilities and achievements of our team, as well as the significant traction we have gained so far.
Our team consists of experts in the fields of AI, blockchain, crypto trading, and entrepreneurship, each with the relevant experience and skills to contribute to the project's success.
Alongside our strong team, our traction to date demonstrates our ability to build and deliver innovative, reliable solutions in the crypto space. Kaivest has been recognized as the Innovative Idea Track Winner at the Sui Vietnam Hackathon 2024 and ranked in the Top 5 U2U Global Spring Hackathon 2024. Additionally, we have been awarded the DEFI & Payment Track Winner at the Solana Renaissance Hackathon VN 2024, the Champion at the W3X Winter Ideathon 2024 and the Champion at Solana Consumer Hack 12. These achievements validate our expertise and skills in blockchain development.
To validate the feasibility of our approach, we will:
- Conduct thorough market research and engage with the Cardano community to validate demand and gather feedback on our proposed features and user experience.
- Develop a detailed project plan with clear milestones and deliverables, ensuring that we can deliver the project within the proposed timeline and budget.
- Create a working prototype of Kaivest to demonstrate the feasibility of our AI algorithms, smart money analysis, and trading signals.
To ensure proper management of funds, we will:
- Implement a transparent and auditable system for tracking all project expenses and allocations, with regular financial reports provided to stakeholders and the community.
- Establish a multi-signature wallet system for managing project funds, requiring multiple team members to approve significant transactions.
- Maintain open communication with the Cardano community and Project Catalyst, providing regular updates on project progress and fund utilization.
By leveraging our team's expertise, validating our approach through rigorous planning and testing, and implementing robust financial management practices, we are confident in our ability to deliver Kaivest with the highest levels of trust and accountability to the Cardano community.
[PROJECT MILESTONES] What are the key milestones you need to achieve in order to complete your project successfully?
Milestone 1: Kaivest Platform Development and Integration (2 months)
A. Milestone outputs:
- Complete development of core features: Smart Money Analyzer, AI Trading Assistant, Reliable Trading Signals, Cardano Token Analytics
- Integrate Kaivest with the Cardano blockchain, ensuring seamless and secure interactions
- Conduct thorough testing, bug fixing, and performance optimization
B. Acceptance criteria:
- All core features are fully functional and integrated with the Cardano blockchain
- Platform passes rigorous testing with no critical bugs or performance issues
- User interface is intuitive, responsive, and visually appealing
- Smart contracts are audited and verified for security and reliability
C. Evidence of milestone completion:
- Detailed development report outlining completed features, Cardano integration, and performance metrics
- Comprehensive testing report demonstrating the platform's stability, security, and speed
- Video walkthrough showcasing Kaivest's core features, user interface, and Cardano integration
Milestone 2: Kaivest Marketing and Community Engagement (1 month)
A. Milestone outputs:
- Develop a comprehensive marketing plan to introduce Kaivest to the Cardano ecosystem
- Create engaging content to showcase Kaivest's features and benefits
- Launch a series of social media campaigns to build brand awareness and attract potential users
- Establish partnerships with Cardano influencers and thought leaders to expand Kaivest's reach and credibility
B. Acceptance criteria:
- Marketing plan is finalized and approved by the project team
- A minimum of 10 high-quality content pieces are created and distributed across various channels
- Social media campaigns generate a minimum of 5000 impressions and 1000 engagements
- Secure partnerships with at least 1 Cardano Project
C. Evidence of milestone completion:
- Approved marketing plan document
- Portfolio of created content pieces
- Social media campaign reports with reach, engagement metrics
- Partnership agreements and joint announcements with Cardano influencers and thought leaders
Final Milestone: Kaivest Beta Launch and Project Close-out (1 month)
A. Milestone outputs:
- Conduct a public beta launch of the Kaivest platform, inviting users to test and provide feedback
- Collect and analyze user feedback to identify areas for improvement and prioritize future development
- Implement necessary bug fixes and optimizations based on beta user feedback
- Prepare and publish a project close-out report summarizing the project's achievements, learnings, and future roadmap
- Create a project close-out video showcasing Kaivest's journey, key milestones, and the value it brings to the Cardano ecosystem
B. Acceptance criteria:
- Successful beta launch with a minimum of 500 active users
- Gather and analyze feedback from at least 20% of beta users
- Implement bug fixes and optimizations based on the top 5 most critical user feedback points
- Project close-out report is comprehensive, insightful, and professionally presented
- Project close-out video is engaging, informative, and effectively communicates Kaivest's value proposition
C. Evidence of milestone completion:
- Beta launch report with user participation metrics, platform performance data, and user feedback summary
- User feedback analysis report highlighting key insights, prioritized areas for improvement, and action plan
- Bug fix and optimization report detailing the issues addressed and their resolution
- Published project close-out report
- Uploaded project close-out video
[RESOURCES] Who is in the project team and what are their roles?
Our core team consists of highly skilled professionals with extensive experience in AI, blockchain, crypto trading, and entrepreneurship. We have carefully assembled a team that possesses the necessary expertise to successfully deliver the Kaivest project.
1.Hapee - CEO & CPO
- LinkedIn: https://www.linkedin.com/in/hapeekaivest/
- Role: Hapee will oversee the overall strategy, business development, product management and development of the Kaivest project. He will leverage his experience in AI-driven trading and smart money concepts to guide the development of the platform's core features.
2.Gnas - CTO
- LinkedIn: https://www.linkedin.com/in/evann97/
- Role: Gnas will lead the technical development of the Kaivest platform, focusing on the integration of AI algorithms. He will manage the development team and ensure the timely delivery of key milestones.
3.Nguyen Khanh Viet - Back End Developer
4.Tung Tran - Advisor
- LinkedIn: Tung Tran | LinkedIn
- Role: Tung Tran will provide strategic guidance and advice to the Kaivest team, leveraging his extensive network and expertise in the Web3 media space. He will help identify key partnership opportunities and support the project's marketing and community engagement efforts.
In addition to our core team, we plan to recruit the following key roles, If anyone wants to apply, you can contact us:
1.Chief Marketing Officer (CMO)
- Skills required: The CMO should have a proven track record of developing and executing successful marketing strategies in the blockchain and crypto space. They should possess strong communication skills, a deep understanding of the target audience, and experience in building brand awareness and driving user acquisition.
2.Community Manager
- Skills required: The Community Manager should have excellent interpersonal and communication skills, with experience in managing and engaging online communities, particularly within the Cardano ecosystem. They should be well-versed in community management best practices, have a strong understanding of the crypto and trading space, and be able to effectively moderate discussions and provide support to users.
Our team members have established lines of communication and are committed to dedicating the necessary time and resources to the Kaivest project. We understand the importance of transparency and accountability in the Catalyst funding process and are prepared to provide any required 'proof of life' verifications.
We confirm that all project participants have disclosed their roles and scope of services across any submitted proposals, ensuring full transparency and compliance with Catalyst guidelines.
[BUDGET & COSTS] Please provide a cost breakdown of the proposed work and resources
Total Budget: 75,000 ADA
The budget is allocated across the three milestones as follows:
Milestone 1: 33,000 ADA (44% of the total budget)
This milestone focuses on the core development and integration of the Kaivest platform, including the Smart Money Analyzer, AI Trading Assistant, Reliable Trading Signals, Cardano Token Analytics, Cardano Blockchain Integration, User Interface Development, and Smart Contract Development and Auditing.
Milestone 2: 38,000 ADA (50.7% of the total budget)
This milestone is dedicated to marketing and community engagement efforts to introduce Kaivest to the Cardano ecosystem, develop content, build brand awareness, and establish partnerships with influencers and thought leaders.
Milestone 3: 4,000 ADA (5.3% of the total budget)
The final milestone covers the beta launch of the Kaivest platform, project management, documentation, and reporting. It also includes a contingency fund to address any unforeseen expenses or additional requirements.
This budget allocation ensures that the majority of the funds are directed towards the core development and integration of the Kaivest platform, while also providing sufficient resources for marketing, community engagement, and project management.
[VALUE FOR MONEY] How does the cost of the project represent value for money for the Cardano ecosystem?
The Kaivest project represents excellent value for money for the Cardano ecosystem, as it aims to deliver a high-quality, AI-driven crypto trading platform that will attract new users, increase liquidity, and foster innovation within the ecosystem.
The costs associated with the project have been carefully considered and are in line with industry standards for similar projects. Our team has extensive experience in AI development, blockchain integration, and crypto trading, allowing us to efficiently allocate resources and minimize unnecessary expenses.
Key factors that contribute to the project's value for money:
- Attracting New Users: By providing a user-friendly and accessible platform for traders of all skill levels, Kaivest will help attract new users to the Cardano ecosystem, increasing adoption and network effects.
- Increasing Liquidity: The advanced trading features and reliable signals provided by Kaivest will encourage more trading activity on the Cardano blockchain, leading to increased liquidity and a healthier market environment.
- Fostering Innovation: The success of Kaivest will demonstrate the potential of AI-driven applications on the Cardano blockchain, inspiring other developers and entrepreneurs to build innovative solutions within the ecosystem.
- Cost-Effective Development: Our team's expertise and efficient resource allocation allow us to develop a high-quality platform at a lower cost compared to hiring external contractors or agencies.
- Long-Term Sustainability: The Kaivest platform is designed to generate revenue through subscription fees, trading commissions, and partnerships, ensuring its long-term sustainability and reducing the need for ongoing funding from the Cardano community.
- Competitive Pricing: The costs associated with the project are proportional to the average wages and freelance rates in our team's respective countries, ensuring that we can attract and retain top talent while maintaining a competitive pricing structure.
- Transparent and Accountable: Our detailed budget breakdown and commitment to regular reporting and documentation ensure that the funds allocated to the project are used transparently and accountably, in line with the Catalyst guidelines and community expectations.
In summary, the Kaivest project offers significant value for money by delivering a high-impact, innovative solution that will drive adoption, liquidity, and innovation within the Cardano ecosystem, while maintaining a cost-effective and sustainable approach to development and operations.