Token Deployment Simplified

[GENERAL] Name and surname of main applicant

Marius Candrea

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

Individual

[GENERAL] Requested funds in ada

200000

[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)

Provide a service for easily deploying custom tokens on Cardano, offering templates, tools, and support for emerging projects to streamline the process.

[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?

Yes

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

The token deployment service will be open source, allowing users to view, modify, and enhance the deployment scripts and contracts. Released under an MIT license.

[METADATA] Horizons

Tokenization

[SOLUTION] Please describe your proposed solution

We will build an intuitive service to help emerging projects launch their own tokens on the Cardano blockchain. The service will include pre-built templates, custom token generation tools, and step-by-step support for token deployment.

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

This service will democratize token creation on Cardano, enabling smaller projects and individuals to participate in the ecosystem. The service will increase token diversity and drive innovation. We will measure success by the number of tokens deployed and the growth of participating projects.

[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 is composed of blockchain experts and developers with extensive experience in Cardano smart contracts and tokenization. We will provide transparency through frequent progress reports and code audits.

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

Design token deployment templates (Month 1)

Develop smart contract integration (Month 2-3)

Build token deployment interface (Month 4)

Internal testing and bug fixing (Month 5)

Public launch of service and community support (Month 6)

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

1. Marius Candrea (Project Lead, Developer)
2. Chrisia (Frontend Developer)
3. waijiya (Smart Contract Developer)
4. manthan (Blockchain Specialist)
5. wasilije (UI/UX Designer)

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

Development Costs: ₳150,000

Infrastructure & Tools: ₳30,000

Marketing & User Education: ₳20,000

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

This service will significantly reduce the barriers for new projects to launch tokens on Cardano, encouraging innovation and broadening the ecosystem. The open-source nature ensures ongoing improvement and value.