Wallet Integration with OLI Education Platform to Increase Direct User Onboarding to the Cardano Ecosystem

[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)

Introducing Oli, an innovative education platform focused on finance, crypto, and blockchain. Users will not only learn about these key areas but also have the opportunity to earn while they learn.

[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

All smart contracts and code associated with the Cardano blockchain will be made open source via Github repositories once complete and tested. Additionally, a significant portion of our educational content, particularly in finance, crypto, and blockchain, will be open source and free for all users. The gamification system built with the funding from this proposal will also be open source.

[SOLUTION] Please describe your proposed solution

In the dynamic landscape of 2024, where AI and blockchain are reshaping our world, the urgency of bridging the "financial education gap" is clearer than ever. At Olympus Insights, we're committed to addressing this challenge through our innovative Oli educational platform. This platform is not just a tool for learning; it's a gateway to the evolving Cardano ecosystem.

The Oli platform is a gamified journey designed to make blockchain and cryptocurrency concepts accessible and engaging. Our user-friendly platform ensures that transformative knowledge is just a click away, empowering users with the skills needed to thrive in this new era.

Key to our mission is the Olympus Insights Ambassador Program, which aims to build a global network of advocates. These ambassadors amplify awareness, foster adoption, and gather critical feedback to refine our services. Their role in expanding the Oli platform's reach is crucial, as they engage with academic institutions, corporations, and community organisations to bring our platform directly to users.

A significant feature of the Oli platform is the automatic creation of a Cardano native wallet for every new user upon registration. This integration is pivotal, as it directly immerses users in the Cardano ecosystem, allowing them to interact seamlessly with our platform and beyond. Each wallet serves as a gateway to the broader Cardano network, offering access to dApps, marketplaces, and exchanges.

With a conservative target to onboard 100,000 new Oli users in our first two years of operation, this initiative translates into 100,000 new users interacting with the Cardano ecosystem. This surge not only expands our platform but also significantly enhances the overall utility and vibrancy of the Cardano network. As users progress and earn our utility & governance token, $Oli, they link their educational achievements with tangible value creation within the ecosystem.

Through the combined efforts of our ambassadors and the intrinsic appeal of the Oli platform, we are poised to exceed our targets and contribute to a future where education is not only accessible and engaging but also a direct path to financial empowerment and technological proficiency within the Cardano ecosystem.

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

Our project aims to significantly impact the wider Cardano community by addressing the pressing "financial education gap," empowering individuals through knowledge of emerging technologies and financial strategies, including cryptocurrencies. Here’s how we plan to measure and share our impact:

Value to the Cardano Community:

1) Education and Onboarding: By educating users on blockchain and cryptocurrencies, we enhance understanding and usage of the Cardano ecosystem. Our platform, Oli, introduces users to Cardano’s capabilities, encouraging broader adoption and participation.

2) Wallet Integration: Every new Oli user receives a Cardano-compatible wallet, directly engaging them with the ecosystem and facilitating transactions within the Cardano network.

3) Community Building: Through our Ambassador Program, we extend our reach, fostering a global network that supports and promotes the Cardano community.

Measuring Impact:

1) Quantitative Metrics: We will track the number of new users educated, wallets created, and transactions made within the Cardano ecosystem through our platform.

2) Qualitative Feedback: Through surveys and feedback from our Ambassador Program, we'll assess user satisfaction and the effectiveness of our educational content and the onboarding experience.

3) Engagement and Retention Rates: Monitoring how users engage with the platform and their progression through learning modules will help us refine and enhance our offerings.

Sharing Outputs and Opportunities:

1) Ambassador Program: Ambassadors will collaborate with educational institutions, community groups, and industry partners to promote our platform and share educational resources, thereby increasing our visibility and impact.

2) Events and Workshops: Hosting events and workshops in diverse regions, especially in developing countries, will help us directly engage with communities, showcasing the practical benefits of the Cardano ecosystem.

3) Public Reports and Case Studies: We will publish regular reports and detailed case studies on our website and through media outlets to highlight successes and learnings, encouraging best practices within the community.

The Oli education platform is more than just a learning tool; it is a comprehensive initiative designed to equip users with the knowledge and tools necessary to navigate and leverage the rapidly evolving technological landscape. Our vision is to democratise and decentralise education for the greater good of humanity. 

[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 capacity to deliver the Oli education platform with high levels of trust and accountability is grounded in our robust operational framework, detailed business plan, and meticulous financial plan. Here’s how we validate our approach and ensure responsible management of funds:

•Proven Track Record: Our team comprises experts in education, blockchain technology, and financial management, ensuring that each component of the project is handled with the utmost competence.

•Prior Successes: Nathan is a secondary school teacher with over 10 years of professional experience and a vast network of professionals in the education industry. Mark is the owner of a software and AI development company and has a wealth of experience in telecommunications and establishing start-up businesses.

•Comprehensive Planning: Our detailed business plan outlines clear objectives, target markets, and strategies for user engagement and growth. Similarly, our financial plan provides a transparent breakdown of budget allocations, expected revenues, and contingencies, ensuring we are well positioned to succeed.

•Pilot Programs: Before full-scale implementation, we run pilot programs to test the effectiveness of our educational content and platform usability. Feedback from these pilots informs further development and refinement prior to launch.

•Stakeholder Engagement: Continuous engagement with stakeholders, including future users and partners within the Cardano ecosystem, ensures that our platform meets the community's needs and expectations.

•Transparent Financial Handling: We maintain open communication about financial decisions with all involved parties, ensuring decisions are made with stakeholder interests in mind.

•Feedback Loops: We implement robust feedback mechanisms to continually gather user input and stakeholder opinions, which guide the iterative improvement of our platform.

•Adaptation to Change: Our team stays abreast of technological advancements and regulatory changes, adapting our strategies to optimise outcomes and compliance.

In summary, our combination of detailed planning, proven expertise, and stringent financial oversight places us in an ideal position to deliver the Oli education platform effectively and responsibly. By adhering to these principles, we aim to foster trust and accountability within the Cardano community and beyond.

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

Scope required features and functionality to enable all users of the education platform to instantly attain a custodial Cardano wallet on sign up: Milestone 1

Delivery month: August 2024

Milestone progress in %: 10%

Milestone Budget: 10000 Ada

Milestone Outputs: All features and functionality documented & design complete. Link will be shared to documentation.

Integrate wallet technology into the Oli education platform and test functionality and security: Milestone 2 

Delivery month: September 2024

Milestone progress in %: 35%

Milestone Budget: 35000 Ada

Milestone Outputs: Integration into the staging platform complete and successfully tested. Link to Jira sprints and documentation will be provided

Conduct smart contract and security audit of the integration: Milestone 3 

Delivery month: October 2024

Milestone progress in %: 55%

Milestone Budget: 25000 Ada

Milestone Outputs: Audit complete and results shared

Beta test with 50 users to ensure a smooth transition to the production platform: Milestone 4

Delivery month: November 2024

Milestone progress in %: 65%

Milestone Budget: 10000 Ada

Milestone Outputs: Results from user testing will be documented and results shared

Launch wallet on production platform and market new capability to new users: Final Milestone 

Delivery month: January 2025

Milestone progress in %: 100

Milestone Budget: 50000 Ada

Milestone Outputs: Marketing plan and campaign designs for the launch and updates will be provided over the course of the marketing campaign

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

Nathan Barkell, Co-Founder - https://twitter.com/Nate_Olympus

With a decade of teaching Mathematics, Science, Health, and Phys Ed in Australia, Nathan has a profound commitment to education. His transition into the tech world led him to create over 100 lessons on Cryptocurrency, Finance, and broader web3 topics, specifically designed to engage the next generation of Cardano and blockchain enthusiasts. Nathan's unique blend of educational expertise and tech innovation positions him as a pivotal force in nurturing informed digital citizens.

Mark Elliot, Co-Founder - https://twitter.com/stocktrade2036

https://www.linkedin.com/in/markelliott10/

Mark brings over 20 years of senior management experience from leading telecommunications organisations in Australia, coupled with a decade at the helm of his own software and AI development company. His extensive background in technology management and entrepreneurship equips him with a nuanced understanding of how to steer companies through complex digital landscapes and innovate at the intersection of software development and strategic leadership.

Alex Burton - https://www.linkedin.com/in/alexjburton/

With 25 years in Sales and Marketing, Alex has a seasoned track record with Australia's largest organisations, including banks, warehouses, and utility companies. His deep industry knowledge and ability to craft compelling market strategies have been instrumental in forging lasting relationships and driving significant business growth.

James Maryan, Digital Product Lead - https://www.linkedin.com/in/james-maryan/

James is a mastermind in developing both mobile and web applications for some of Australia's most significant entities, including banks and utility companies. His expertise in transforming complex requirements into user-centric digital solutions makes him a key asset in leading our product development to new heights.

Kate Smith, Senior UX/UI Designer - https://www.linkedin.com/in/katesmithux/

Kate's extensive experience with major companies has honed her ability to design intuitive and engaging user interfaces. Her work reflects a deep understanding of user psychology, making her an essential player in creating digital experiences that are not only functional but also delightful and user-friendly.

AG Nieve, Full Stack Developer

AG is a versatile full stack developer whose proficiency spans across the entire development stack. Their adaptability and technical acumen enable them to deliver robust and scalable solutions that drive the core functionality of our products.

Rolando Ravelle, Full Stack Developer

Rolando's expertise as a full stack developer is marked by his ability to integrate both front-end and back-end technologies seamlessly. His commitment to excellence and continuous improvement contributes significantly to our team's ability to deliver cutting-edge and reliable digital solutions.

April Joy, Full Stack Developer

April's passion for technology and problem-solving is evident in her work as a full stack developer. Her collaborative approach and keen attention to detail ensure that every line of code not only meets but exceeds the highest standards of quality and performance.

Razali "Raz", Catalyst, Ecosystem and Impact Advisor - https://www.linkedin.com/in/razali-samsudin

Co-founder of Sustainable ADA and Impact Web3, Co-author of the first Cardano Impact Report. 17+ years experience as an educator and impact change maker.

Other projects we are currently working with to enhance and evolve the Oli ecosystem includes, but is not limited too: Mav100, Tokeo Wallet, Cardano Foundation, Konsensis, Iagon, Learn Cardano, Cornucopias Mafia Guild, Lido Nation, Schoolzine, Cardano Centres, T Minus 1 and many more.

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

Scope required features and functionality to enable all users of the education platform to instantly attain a custodial Cardano wallet on sign up: Milestone 1

Milestone Budget: 10000 Ada

• Scope feature set requirements and UX/UI designs 7,500
• Build out miro board and story cloud 2,500
• Total 10,000 ADA

Integrate wallet technology into the Oli education platform and test functionality and security: Milestone 2 

Milestone Budget: 35000 Ada

• Code front end UI/UX components and pages 10,000
• Build back end functionality, DB and API end points 15,000
• Integrate Cardano wallet functionality into the Oli platform & test 10,000
• Total 35,000 ADA

Conduct smart contract and security audit of the integration: Milestone 3 

Milestone Budget: 25000 Ada

• Write unit test and audit smart contract code base 25,000
• Total 25,000 ADA

Beta test with 50 users to ensure a smooth transition to the production platform: Milestone 4

Milestone Budget: 10000 Ada

• Engage 50 beta testers from the community to validate UX and functionality 10,000
• Total 10,000 ADA

Launch wallet on production platform and market new capability to new users: Final Milestone 

Milestone Budget: 50000 Ada

• Develop marketing plan to drive new user adoption 15,000
• Design go to market campaigns 10,000
• Launch marketing program 25,000
• Total 50,000 ADA

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

• Direct Expansion of Cardano User Base: By automatically creating a Cardano native wallet for every new user upon registration, the Oli platform ensures that every new learner is also a new Cardano user. With a conservative target to onboard 100,000 users in the first two years, this approach directly translates into a substantial increase in the Cardano ecosystem's user base. More users enhance the network's value, increase transaction volume, and strengthen the overall ecosystem's health.
• Increased Engagement and Adoption: The seamless integration with Cardano via native wallets means that users are not just learning about blockchain and crypto concepts; they are immediately positioned to apply this knowledge within the Cardano network. This practical application fosters deeper engagement and encourages users to explore further functionalities like dApps, marketplaces, and exchanges, thereby increasing the utility and liquidity within the ecosystem.
• Educational Empowerment and Financial Inclusion: The Oli platform's gamified approach to education ensures that learning about blockchain and cryptocurrencies is accessible and engaging. This accessibility can bridge the "financial education gap," especially in underserved regions, thereby supporting Cardano's mission of social and economic empowerment. Educated and empowered users are more likely to be long-term, active participants in the ecosystem.
• Incentivizing Learning with Economic Rewards: By linking educational achievements with the earning of $Oli tokens, the project connects learning to tangible value creation within the Cardano ecosystem. This model not only motivates users to continue their educational journey but also introduces them to the economic activities within the ecosystem, promoting further exploration and investment.
• Amplifying Reach through the Ambassador Program: The Ambassador Program's role in expanding the platform's reach ensures that the benefits of the Oli platform and the Cardano ecosystem are communicated and demonstrated globally. This grassroots approach helps to build a robust and diverse community, enhancing the ecosystem's global footprint and reputation.