Betting in Ethiopia Using only ADA

[GENERAL] Name and surname of main applicant

Ebenezer Belay Tadesse

[GENERAL] Are you delivering this project as an individual or as an entity (whether formally incorporated or not)

Individual

[GENERAL] Co-proposers and additional applicants

Selamawit Belay Tadesse

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

8

[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)

Ethiopia's lack of decentralized betting platforms restricts access to secure and transparent blockchain-based betting systems and impedes financial inclusion and broad ADA adoption.

[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.”

Our project depends on partnerships with local Ethiopian regulatory authorities to ensure compliance with betting laws,and on securing third-party software for blockchain integration. We are in the process of acquiring the necessary licenses for this software and establishing legal frameworks, as these are critical for launching a compliant, secure, and functional platform.

This explanation highlights both legal and technical dependencies, ensuring that voters understand the external factors that could affect project delivery.

[GENERAL] Will your project’s output/s be fully open source?

Yes

[GENERAL] Please provide here more information on the open source status of your project outputs

Our project will be fully open source and available throughout its lifecycle. We intend to use the MIT License, which allows for flexibility in modification, distribution, and personal/commercial use. The entire codebase, including the smart contracts for betting, user interface, and backend infrastructure, will be hosted on a publicly accessible GitHub repository. This will allow the community to inspect, enhance, and contribute to the platform, fostering innovation and ensuring transparency. Regular updates and code reviews will be conducted to maintain the integrity and security of the platform.

This response clarifies the licensing, accessibility, and scope of open-source elements, ensuring full transparency and community involvement.

[METADATA] Horizons

Developer Tools

[SOLUTION] Please describe your proposed solution

We aim to solve the lack of a decentralized and transparent betting platform in Ethiopia, which currently limits financial inclusion and ADA adoption. By leveraging blockchain technology and smart contracts, we will create a secure and user-friendly platform where users can bet using ADA, ensuring fairness and transparency through automation.

Our approach addresses the unique needs of the Ethiopian market by offering a decentralized alternative to traditional betting systems, which often suffer from regulatory opacity and trust issues. Blockchain's immutability ensures that all transactions are secure, verifiable, and free from tampering, building trust in the platform.

The project will engage users in Ethiopia, providing them with a novel way to participate in secure and transparent betting, while also driving the use of ADA. It will also attract developers interested in building on and improving the platform, fostering local and global engagement with Cardano’s

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

We want to address Ethiopia's present financial inclusion and ADA adoption barriers, which are caused by the absence of a decentralized and transparent betting platform. We will develop a safe and user-friendly platform where users can wager using ADA, guaranteeing fairness and transparency through automation, by utilizing blockchain technology and smart contracts.

We provide a decentralized alternative to traditional betting systems, which frequently have trust problems and regulatory opacity, in order to meet the specific needs of the Ethiopian market. Because of the immutability of blockchain, users may be confident that all transactions are safe, tamper-proof, and verifiable.

The project will encourage the use of ADA while involving users in Ethiopia and offering them a new way to partake in safe and transparent betting. It is going to

[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 team has a strong background in blockchain development, smart contract programming, and project management, making us well-equipped to deliver this project. I, Ebenezer Belay Tadesse, have experience leading tech-driven initiatives in Ethiopia, including developing blockchain-based solutions for financial services. My deep understanding of local market dynamics combined with my technical expertise ensures that we are well-positioned to successfully launch this platform.

We have a capable development team with expertise in Cardano's Plutus and Marlowe smart contracts, which are essential for building secure and scalable solutions. Additionally, our team includes legal advisors familiar with Ethiopian regulations, ensuring compliance and mitigating legal risks.

To validate our approach, we will conduct thorough market research, engage with local stakeholders, and perform pilot tests to ensure that our platform meets user needs and functions as expected. We will also collaborate with Cardano developer communities to review and audit our smart contracts for security and efficiency, further validating our technical feasibility.

In terms of accountability, we will implement transparent fund management practices by providing regular project updates and financial reports. Funds will be allocated based on key milestones, and we will use multi-signature wallets to ensure that fund usage is carefully monitored and tracked. Additionally, we will make our financial reports publicly accessible, allowing the community to audit how funds are being spent throughout the project lifecycle.

This combination of technical expertise, market insight, and transparent financial practices ensures that we can deliver this project with trust and accountability.

 

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

Our team has a strong background in blockchain development, smart contract programming, and project management, making us well-equipped to deliver this project. I, Ebenezer Belay Tadesse, have experience leading tech-driven initiatives in Ethiopia, including developing blockchain-based solutions for financial services. My deep understanding of local market dynamics combined with my technical expertise ensures that we are well-positioned to successfully launch this platform. Additionally, our team includes legal advisors familiar with Ethiopian regulations, ensuring compliance and mitigating legal risks.

To validate our approach, we will conduct thorough market research, engage with local stakeholders, and perform pilot tests to ensure that our platform meets user needs and functions as expected. We will also collaborate with Cardano developer communities to review and audit our smart contracts for security and efficiency, further validating our technical feasibility.

In terms of accountability, we will implement transparent fund management practices by providing regular project updates and financial reports. Funds will be allocated based on key milestones, and we will use multi-signature wallets to ensure that fund usage is carefully monitored and tracked. Additionally, we will make our financial reports publicly accessible, allowing the community to audit how funds are being spent throughout the project lifecycle.

This combination of technical expertise, market insight, and transparent financial practices ensures that we can deliver this project with trust and accountability.

 

An example of a milestone structure

Phase 1: Establishing the Platform (Months 1-3)

A: Milestone Deliverables:

the completion of the betting platform's primary blockchain architecture with ADA.

creation of smart contracts to enable transparent wagering and rewards.

B: Acceptance Standards:

On the testnet of Cardano, smart contracts are implemented and evaluated.

In test scenarios, all of the main platform features—such as betting and payouts—function exactly as they should.

C: Proof of Milestone Fulfillment:

Code for a smart contract stored in a publicly available GitHub repository.

Transaction logs from the testnet demonstrating successful contract executions.

Technical documents detailing the deployment procedure and the functions of the contract.

Milestone 1: Project Planning and Research (Month 1)

• A: Milestone Outputs:
• Comprehensive project plan detailing timelines, resources, and budget.
• Market research report identifying target user segments and competitor analysis.
• B: Acceptance Criteria:
• Approval of the project plan by stakeholders.
• Identification of at least three key competitors and their market strategies.
• C: Evidence of Milestone Completion:
• Documented project plan shared with stakeholders.
• Market research report in PDF format submitted to the repository.

Milestone 2: Development of Smart Contracts (Months 2-3)

• A: Milestone Outputs:
• Fully functional smart contracts for betting and payout processes.
• User interface mockups demonstrating key functionalities.
• B: Acceptance Criteria:
• Smart contracts successfully deployed on the testnet without errors.
• Mockups approved by the project team and stakeholders.
• C: Evidence of Milestone Completion:
• Deployment logs from the testnet.
• Links to the mockup designs and any user feedback gathered during the review process.

Milestone 3: Beta Testing (Months 4-5)

• A: Milestone Outputs:
• Beta version of the platform available for user testing.
• Feedback report from initial testers.
• B: Acceptance Criteria:
• At least 100 users participate in beta testing.
• User satisfaction rating of 80% or higher based on feedback.
• C: Evidence of Milestone Completion:
• Beta launch announcement on social media and community channels.
• Compilation of user feedback and survey results.

Milestone 4: Legal Compliance and User Onboarding (Month 6)

• A: Milestone Outputs:
• Legal compliance report outlining regulations adhered to.
• User onboarding documentation and support materials.
• B: Acceptance Criteria:
• Receipt of necessary licenses and regulatory approvals.
• Documentation approved by legal advisors.
• C: Evidence of Milestone Completion:
• Copies of legal licenses and compliance reports.
• User onboarding materials available on the platform.

Milestone 5: Full Launch and Marketing Campaign (Months 7-8)

• A: Milestone Outputs:
• Official launch of the betting platform.
• Marketing materials (ads, social media posts, etc.) and campaign results.
• B: Acceptance Criteria:
• Platform operational with successful real-time transactions.
• Marketing campaign reaching at least 1,000 potential users.
• C: Evidence of Milestone Completion:
• Launch event details (agenda, photos).
• Analytics report showing user sign-ups and transaction activity during the launch period.

Final Milestone: Post-Launch Review and Iteration (Month 9)

• A: Milestone Outputs:
• Review report summarizing performance metrics and user feedback.
• List of planned updates and improvements based on initial user feedback.
• B: Acceptance Criteria:
• Completion of performance review within one month post-launch.
• Agreement on the next steps and features to be added.
• C: Evidence of Milestone Completion:
• Review report shared with stakeholders.
• Project roadmap outlining future updates based on feedback.

This milestone framework ensures clear deliverables, specific criteria for acceptance, and concrete evidence of completion, which will facilitate tracking the project's progress and demonstrating accountability to stakeholders.

First Milestone: Research and Planning for the Project (Month 1)

A: Significant Results:

thorough project plan with resources, budget, and schedules included.

Market research study with competitive analysis and target user segments identified.

B: Standards of Acceptance:

stakeholders' approval of the project plan.

naming at least three significant rivals and their approaches to the market.

C: Proof of Reaching a Milestone:

Project plan in writing distributed to interested parties.

Market research report uploaded to the repository in PDF format.

Second Milestone: Creating Smart Contracts (Months 2-3)

A: Significant Results:

Completely working smart contracts for payout and wagering procedures.

Mockups of user interfaces showing important features.

B: Acknowledgment Standards:

The testnet saw the successful and error-free deployment of smart contracts.

Mockups that stakeholders and the project team have authorized.

C: Proof of Reaching a Milestone:

Deployment logs from

A: Completing Milestones

The betting platform's official launch:

Users will be able to place bets using ADA once the site is fully operating.

Produced Marketing Materials:

creation of advertising content, such as news releases and banner ads on websites and social media.

producing instructional materials for both new and returning users that describe how to use the platform.

Conducting the Launch Event:

a platform introduction and advantages demonstration via an online launch event.

Implementation of a User Acquisition Campaign:

implementation of community interaction and targeted advertising tactics as part of a marketing strategy to attract new users.

B: Acceptance Standards

Operating Platform:

Real-time transaction capabilities and accessibility are essential for the betting platform.

Sign-ups for Users:

In the first month following launch, register at least 1,000 new users.

Reach of Marketing:

A: Completing Milestones

Finalize your functional testing:

Every aspect of the betting site, such as wallet integration, betting mechanisms, and user registration, will be functionally tested.

Documented bug reports and fixes:

There will be a thorough record of all found bugs, problems, and remedies.

Testing for User Acceptance (UAT) Performed:

A small number of users will test the platform and offer comments on its functioning and usability.

A report on quality assurance.

A report that includes a summary of the testing procedure, findings, and any required modifications will be generated.

B: Acceptance Standards

Every Principal Aspect Verified:

Make sure that 95% or more of the platform's main functionalities are functionally tested and free of serious issues.

Bug Fixing Success Rate:

Before the launch, at least 90% of the serious and severe issues must be fixed.

Feedback from UAT

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

Ebenezer Belay Tadesse, the primary applicant, is part of the project team.

Position: Software Developer and Project Manager

LinkedIn: ebenezer-belay-33648b217

Managing the project's development schedule, keeping an eye on everything, and making sure the project stays on course are all part of the responsibilities. Ebenezer will use his knowledge of blockchain technology and software development to oversee the technical development of the betting platform as well.

Ahemed oumer

Position: User Interface/UX Designer 

Creating an easy-to-use interface for the betting platform is one of your responsibilities. You want to make sure that consumers have a smooth and seamless experience, which will draw in and keep them.

The third team member's name

Position: Specialist in Marketing

Accountabilities: Creating and implementing marketing plans to advertise the platform in Ethiopia with an emphasis on user acquisition and community involvement.

Position: Developer for Blockchain

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

Roles and the Project Team

Ebenezer Belay Tadesse, the principal petitioner

Position: Project Manager Ebenezer Belay Tadesse on LinkedIn LinkedIn's responsibilities include developing strategies, interacting with stakeholders, and overseeing projects. oversees the fulfillment of project milestones and serves as the main point of contact for all correspondence.

Function: Software Engineer LinkedIn: First Team Member

Development of the betting platform, including wallet features and connection with smart contracts, is your responsibility. In charge of implementing technical standards and coding.

Abel Tilahun

Position: UX/UI Designer; LinkedIn: Second Team Member

It is your responsibility to create an engaging and user-friendly betting platform's user interface and experience. will carry out testing and user research to get input for enhancements.

Selamawit Belay

Position: Marketing Expert

LinkedIn

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

Cost-effectiveness

Betting in Ethiopia Using only ADA, our project, intends to develop a novel betting platform that makes use of the Cardano blockchain. To guarantee that the Cardano ecosystem receives the maximum value, ₳50,000 in requested money is carefully distributed.

Justification for Expenses:

Market research: In-depth investigation of average development expenses for blockchain projects in Ethiopia and the African continent was carried out by us. Comparing Ethiopia to other countries, the average monthly compensation for software developers is a competitive $800. Other professions like marketing and UX/UI design have monthly fees that range from $500 to $1,200, depending on experience level and are in line with local market prices. Our goal is to encourage the creation of jobs in the community by using local talent.