PREMINT on Cardano: A Decentralized Allowlist Platform

[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)

Introduce a Cardano-based platform akin to PREMINT, providing robust, decentralized allowlist management with enhanced features like KYC and multi-wallet support.

[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

Not open source

[SOLUTION] Please describe your proposed solution

The current NFT landscape on Cardano lacks a specialized tool for managing allowlists (whitelists), which are crucial for pre-sale stages or for giving certain privileges within the community. Existing solutions are often centralized, lack transparency, or do not support the diverse needs of project creators and collectors. This gap makes it challenging for project teams to effectively manage and execute allowlists, impacting the fairness and accessibility of NFT drops.

By developing a Cardano-based solution modeled after PREMINT, we can provide a transparent, user-friendly platform that supports a wide range of allowlist functionalities. This platform will leverage Cardano's secure blockchain technology to ensure integrity and fairness while offering customizable features to meet the specific needs of different projects.

This platform will engage:

• NFT Project Creators on Cardano: Offering them a powerful tool to manage allowlists efficiently.
• NFT Collectors and Enthusiasts: Providing a transparent way to participate in allowlists.
• Blockchain Developers: Who can further extend and integrate the platform’s capabilities.
• Compliance and Legal Professionals: Especially if KYC is enabled, to ensure adherence to regulations.

The impact will be demonstrated through:

• User Growth: Tracking the number of projects and users adopting the platform.
• Operational Efficiency: Measuring the reduction in time and resources spent on managing allowlists compared to other methods.
• Feedback and Satisfaction Surveys: Collecting qualitative and quantitative feedback from users about their experiences.
• Compliance and Security Reports: Showcasing how the platform maintains high standards of data protection and legal compliance, particularly with optional KYC features.

Our solution introduces a unique blend of flexibility, security, and user-centric design to the allowlist management process, tailored specifically for the Cardano ecosystem. The platform’s design considers the distinct characteristics of Cardano, making it more than just a port of existing solutions but a thoughtful adaptation to harness Cardano's potential fully.

The primary beneficiaries are NFT project teams who will gain a streamlined, transparent way to manage allowlists and NFT collectors who will experience a more equitable and accessible process. This platform will significantly enhance how NFT drops are conducted on Cardano, promoting a more vibrant and fair marketplace.

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

The success of this platform will:

• Enhance NFT Launch Processes: By providing a reliable, transparent allowlist system, improving overall market dynamics.
• Support Scalable Growth: Enabling more projects to efficiently manage large numbers of participants with diverse requirements.
• Promote Fairness and Transparency: Ensuring that all community members have an equitable chance to participate in NFT launches.

Impact will be measured by:

• Adoption Rate: Number of NFT projects using the platform within the first year.
• Reduction in Disputes: Fewer complaints and issues related to allowlist management reported by projects.
• Community Engagement: Active participation in feedback, forums, and improvement suggestions for the platform.

Outputs and opportunities will be shared through:

• Community Updates: Regular posts and updates in Cardano community forums and social media.
• Documentation and Guides: Comprehensive resources to help users understand and use the platform effectively.
• Open API and Developer Tools: Encouraging developers to build on and integrate with the platform.
• Case Studies and Success Stories: Highlighting successful use cases to demonstrate real-world benefits.

[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 this proposal includes experienced blockchain developers who have worked on similar platforms, UX/UI designers who specialize in creating intuitive web applications, and a support and operations team ready to assist users and ensure smooth platform functionality.

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

Milestone 1: MVP Development and Enhancement

• A: Milestone Outputs: Enhance the existing prototype to develop a Minimum Viable Product (MVP) with full allowlist functionality based on the MVP requirements.
• B: Acceptance Criteria: A fully functional MVP that supports project name, token amounts, allowlist spots, descriptions, images, and key dates integration.
• C: Evidence of Milestone Completion: Development documentation, MVP demo, user testing feedback.

Milestone 2: Integration of Key Features and User Testing

• A: Milestone Outputs: Integrate additional features including Twitter and Discord connectivity, email confirmation, wallet connection, and optional KYC.
• B: Acceptance Criteria: All key features are integrated and operational; successful completion of user testing with positive feedback.
• C: Evidence of Milestone Completion: Feature integration report, user testing results, updated MVP with integrated features.

Milestone 3: Official Launch and Marketing Campaign

• A: Milestone Outputs: Officially launch the platform and initiate a targeted marketing campaign to attract initial users and project creators.
• B: Acceptance Criteria: Successful platform launch with initial user base established and active marketing campaign showing positive engagement.
• C: Evidence of Milestone Completion: Launch event materials, marketing campaign reports, user registration and activity metrics.

Milestone 4: Community Building and Platform Expansion

• A: Milestone Outputs: Expand the platform's reach by adding more features based on community feedback and exploring secondary marketplace functionalities.
• B: Acceptance Criteria: Demonstrated user base growth, additional features deployed, and preliminary plans for secondary market features.
• C: Evidence of Milestone Completion: Community feedback report, feature deployment documentation, secondary market development plan.

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

The main proposer is Row Weber, founder of Metadibs.io, a successful Artist Management agency who also brought OREMOB, one of the biggest NFT projects on Cardano to Cardano.

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

• Development and Technical Infrastructure: 200,000 for coding, hosting, maintenance, and third-party services.
• Design and User Experience: 50,000 for front-end design, user experience enhancements, and accessibility features.
• Legal and Compliance: 25,000 for legal advice, KYC integration costs, and compliance checks.
• Marketing and Community Engagement: 25,000 for promotional activities, community engagement, and educational materials.
• Operations and Support: 50,000 for operational costs, customer support, and platform monitoring tools.

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

• Directly Solving a Community-Identified Need: Enhancing the NFT ecosystem on Cardano by addressing a critical gap in allowlist management.
• Building on Cardano’s Capabilities: Utilizing Cardano’s blockchain features to offer a solution that is both innovative and necessary for the community’s growth.
• Long-Term Community Benefits: The platform will continue to serve the community beyond the initial launch, with potential to become a fundamental part of the NFT landscape on Cardano.

By introducing this PREMINT-like platform on Cardano, we aim to streamline the NFT distribution process, foster a fair and transparent ecosystem, and unlock new opportunities for creators and collectors alike. This initiative will set a new standard for allowlist management in the blockchain space, promoting a healthier, more vibrant NFT market.