Secure Anonymity with Crypt Keeper

[GENERAL] Name and surname of main applicant

Anthony McDonough

[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

Nichol McDonough - Nichollesser@gmail.com

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

6

[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)

We aim to distribute 2,500 Crypt Keepers at events, ensuring anonymity with no need for private shipping. Our approach includes bulk procurement, secure in-person distribution, and educational support

[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

[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

n/a

[SOLUTION] Please describe your proposed solution

We propose to distribute 2,500 Crypt Keepers directly to community members during specially arranged community events, thereby eliminating the need for private shipping addresses and maintaining user anonymity. Our solution involves:

1. Bulk Procurement: Acquiring Crypt Keepers at a wholesale pricing.
2. Secure Distribution: Strategically planning the logistics to distribute these units at major crypto events, allowing users access in person, ensuring anonymity and security.
3. Support and Education: Providing on-site support and educational resources to help vendors distribute the units and educate users on how to set up their Crypt Keepers, enhancing overall community understanding of crypto security.

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

During the Wyoming Summit in 2021, Crypt Keeper showcased the effectiveness and appeal of its rugged backup wallet by giving away 100 units in person at the event. A move that was particularly well-received by attendees.

The in-person distribution allowed for immediate engagement and addressed a common concern in the crypto community—privacy. Recipients appreciated the ability to receive these units without having to provide personal information, aligning perfectly with the crypto ethos of anonymity and security.

Attendees were impressed with the high-quality construction and attention to detail, noting that offering such a premium product as free swag significantly enhanced the value of the event experience.

Furthermore, the direct interaction with the Crypt Keeper team allowed attendees to ask questions and gain insights into the product’s capabilities and the technology behind it. This opportunity for direct engagement fostered a deeper understanding and trust in the product, enhancing its perceived value.

The combination of anonymity, quality, and direct engagement led to an overwhelmingly positive response from the summit attendees, who left with a tangible solution to their digital asset security needs and a heightened trust in the Crypt Keeper brand. This successful promotional strategy not only elevated the event's appeal but also solidified Crypt Keeper’s reputation as a leading provider of secure crypto storage solutions.

[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?

Crypt Keeper is an established business with a 6-year track record in manufacturing. We have already sold and distributed over 5000 units globally. This is to help the community and events they attend.

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

Material Acquisition and Processing

• Source and procure all necessary materials required for the manufacturing of the Crypt Keepers.
• Perform initial quality checks to ensure the materials meet the durability and security standards needed for the final product.

BOM (Bill of Materials) and Router - Processing

• Finalize the Bill of Materials and establish the production routing.
• Process the materials through machining to achieve specifications.
• Conduct deburring to smooth out rough edges, preparing the units for the next manufacturing stage.

Anodize

• Anodize the processed units to add a protective layer that enhances corrosion resistance and wear.
• This step also contributes to the aesthetic finish of the Crypt Keepers, ensuring they are visually appealing while being functional.

Laser Engraving

• Laser engrave each unit with necessary markings and instructions.

Packaging

• Package the finished Crypt Keepers to ensure they are ready for distribution.

Delivery to Events

• Coordinate the logistics to deliver the packaged Crypt Keepers to the various community events.
• This involves planning for transportation, handling, and on-site delivery, ensuring the products arrive safely and on time.

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

Anthony and Nichol McDonough are the founders. Anthony has a background in engineering and designs and manufactures the Crypt Keepers. Nichol handles all the logistics material ordering and outbound shipments.

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

• Wholesale Purchase of Crypt Keepers: $137,500 for 2,500 units ($55 per unit)
• Shipping Costs to Event: $4,650 (ave. shipping $1.55 per lb) total weight 3,000 lbs
• Travel and Event Support: $10,000 (covers tickets, travel and hotels for crypto events)
• Total Funding Request: $152,150 (380,375 ADA at $0.40/ADA)

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

This initiative will deliver substantial value to the cryptocurrency community by addressing a critical barrier to secure crypto management—privacy concerns. The benefits include:

• Enhanced Security: Facilitating improved personal security practices for crypto assets.
• Increased Adoption: Lowering the barrier to entry by using secure seed phrase storage methods.
• Community Trust and Engagement: Building trust within the community by respecting and addressing privacy needs directly.

The Crypt Keeper proposal involves distributing 2,500 backup wallets directly to community members during community events to ensure anonymity and enhance digital security without the need for private shipping addresses.

This strategy includes wholesale acquisition, secure on-site distribution at major crypto events, and educational support for users in setting up their devices.

The effectiveness of this approach was proven at the 2021 Wyoming Summit, where 100 units were distributed. This move was highly praised for maintaining privacy, offering high-quality swag, and allowing direct engagement with the Crypt Keeper team. It boosted trust and recognition of the brand as a leader in secure crypto storage solutions and elevates Cardano events' appeal by giving away complimentary, higher-value items.