Cardano Nexus

[GENERAL] Name and surname of main applicant

Muluken Menberu

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

Entity (Not Incorporated)

[GENERAL] Co-proposers and additional applicants

abebetedila@gmail.com

gtforever2009@gmail.com

[GENERAL] Requested funds in ada

95000

[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)

We will create "Cardano Nexus," a mobile app that integrates real-time Cardano news, on-chain data, portfolio management, and community features, providing users a comprehensive engagement platform.

[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.”

N/A

[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

We plan to release "Cardano Nexus" as an open-source project under the MIT license. This will allow developers and the community to contribute to and build upon our code freely. All core functionalities, including news aggregation, on-chain analysis, portfolio management, and community features, will be open source. We aim to maintain transparency and encourage collaboration, ensuring the app's ongoing development and improvement.

[METADATA] Horizons

Connected Community

[SOLUTION] Please describe your proposed solution

Our proposed solution, "Cardano Nexus," is a mobile app designed to address the need for a comprehensive platform that aggregates real-time Cardano news, on-chain data, portfolio management, market analysis, and community engagement in one secure interface. Currently, users must rely on multiple platforms to stay informed, manage assets, and engage with the Cardano ecosystem. This fragmentation creates inefficiencies and makes active participation more difficult.

Our approach focuses on providing a seamless user experience by integrating key tools into a single app, enabling both casual enthusiasts and serious investors to stay updated, track their portfolios, and interact with the Cardano community more efficiently. We prioritize security with biometric and two-factor authentication (2FA) to protect users' assets and data.

Our project will engage a wide range of users, including casual followers of Cardano, investors, developers, and analysts who rely on real-time insights and comprehensive tools. We will demonstrate our impact by tracking user engagement, community feedback, and the app's ability to simplify Cardano participation.

What sets "Cardano Nexus" apart is its all-in-one nature, combining features like customizable news feeds, real-time on-chain data, and integrated portfolio management with community-driven functionality. This centralized approach is crucial for empowering users to make informed decisions, manage assets, and contribute to the Cardano ecosystem, ultimately driving broader engagement and adoption within the network.

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

"Cardano Nexus" will positively impact the wider Cardano community by providing a centralized, user-friendly platform for accessing essential news, on-chain analysis, and portfolio management, making it easier for users to engage with the ecosystem. The app’s comprehensive features will allow both casual users and investors to stay informed, manage their assets, and participate in community discussions, increasing overall engagement with Cardano and fostering deeper involvement in the network.

We will measure impact both quantitatively and qualitatively:

• Quantitatively: By tracking user growth, app downloads, active users, transaction volumes, portfolio tracking activities, and community engagement metrics such as polls and forum participation.
• Qualitatively: By gathering user feedback, conducting surveys, and analyzing sentiment from within the community to ensure that the app meets their evolving needs.

We will share the outputs and opportunities through open-source collaboration on platforms like GitHub, regular updates to the Cardano community via social media, forums, and newsletters, and by actively seeking feedback for continuous improvement. The open-source nature of the project will encourage contributions from developers, further expanding its utility and reach within the Cardano ecosystem. Additionally, success stories, user testimonials, and engagement data will be shared to demonstrate the app’s value and foster greater adoption across the community.

[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 experienced professionals in blockchain development, mobile app design, and financial management, which makes us well-equipped to deliver the "Cardano Nexus" project with high levels of trust and accountability. We have successfully developed and deployed similar blockchain-based projects and mobile applications, demonstrating a strong track record of delivering quality solutions on time and within budget.

To validate the feasibility of our approach, we have already completed initial research and development, including the following steps:

1. Prototyping: We have developed wireframes and UI/UX designs to ensure that the app's features align with user needs and expectations.
2. Technology Stack: We have selected a robust tech stack that integrates with Cardano's blockchain, ensuring secure and scalable data access.
3. Security: We have planned for high-security measures, including biometric authentication, two-factor authentication (2FA), and cold storage integration, aligning with best practices for blockchain applications.
4. Testing: We will conduct thorough beta testing with a select group of users to validate functionality and user experience before the official launch.

To manage funds properly, we will implement the following processes:

1. Transparency: We will maintain transparent financial records and provide regular progress updates to the Cardano community and funders.
2. Budget Management: A dedicated project manager will oversee financial planning and ensure that funds are allocated efficiently, with clear milestones tied to deliverables.
3. Open Source Accountability: The project will be open source, allowing community members to track progress and review code, further increasing transparency and trust.

By leveraging our proven experience, well-structured processes, and strong commitment to transparency, we can be trusted to deliver this project with high levels of accountability and success.

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

Milestone 1: Planning and Design (Month 1)

• Deliverables: Finalize detailed project requirements, wireframes, and UI/UX designs.
• Acceptance Criteria: Completed design prototypes and wireframes approved by stakeholders, ensuring alignment with user needs and project goals. All core features defined and mapped out in project scope.

Milestone 2: Backend Development and Blockchain Integration (Month 2-3)

• Deliverables: Develop backend infrastructure and integrate real-time Cardano blockchain data (on-chain analysis, transaction volume, staking insights, etc.).
• Acceptance Criteria: Completion of API development and connection to Cardano blockchain. Initial testing to confirm real-time data flow, with live data visible on development dashboards.

Milestone 3: Frontend Development and Security Implementation (Month 4-5)

• Deliverables: Build frontend components for each feature (news aggregation, portfolio management, market analysis, community features) and implement biometric authentication and 2FA security.
• Acceptance Criteria: Fully functional frontend connected to the backend, with all key features operational. Security features integrated, and initial testing completed to ensure smooth user interaction.

Milestone 4: Testing and Beta Launch (Month 6)

• Deliverables: Conduct thorough unit, integration, and user acceptance tests (UAT), followed by a beta launch with a select group of users.
• Acceptance Criteria: Completion of testing phase with bug fixes and feedback incorporated. Beta version of the app is launched and used by a select group with positive feedback.

Milestone 5: Official Launch and Marketing (Month 7)

• Deliverables: Full app release on iOS and Android platforms, along with marketing campaign to drive user adoption and engagement.
• Acceptance Criteria: Successful app launch on app stores with positive user reviews and feedback. Marketing campaign executed with measurable impact, such as app downloads and active user engagement.

Project Close-out Report and Video (Month 8)

• Deliverables: Final project report, including a summary of milestones achieved, budget usage, and impact metrics. Video presentation summarizing the project outcomes and future plans.
• Acceptance Criteria: Delivery of the final report and video presentation, showcasing project results, community impact, and future development plans. Report validated by funders and stakeholders.

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

Here’s an overview of the project team and their roles:

1. DIreselign Addis (PhD in Computer Science) - Tech Lead and Backend Developer: DIreselign will oversee the technical direction of the project, focusing on backend architecture and ensuring smooth integration with the Cardano blockchain. He will also be responsible for key technical decisions and troubleshooting.

• LinkedIn: https://www.linkedin.com/in/direselign-addis-3a060749/

1. Muluken Menberu (MSc in Information Technology) - Core Mobile Developer & Blockchain Integration Specialist: Muluken will lead the development of the mobile app, ensuring seamless user experience and blockchain integration. His expertise will be crucial in linking the app to Cardano's on-chain data.

• LinkedIn: https://www.linkedin.com/in/mulukenm/

1. Gashaw Taye - Backend Developer: Gashaw will support backend development, focusing on database management, API integrations, and ensuring data is correctly fetched and displayed in the app.

• LinkedIn: https://www.linkedin.com/in/gashaw-taye-2950bba5/

1. Abebe Tedila - DevOps Engineer: Abebe will manage the app's infrastructure, automating deployment pipelines, and ensuring smooth, scalable operation across both Android and iOS platforms.

• LinkedIn: https://www.linkedin.com/in/abebe-tedila-82354565/

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

Additional Recruitment:

We may recruit additional team members, specifically for:

• UI/UX Designer: To refine user interfaces and ensure an intuitive app experience.
• Marketing Specialist: To lead our outreach efforts and community engagement post-launch.

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

The cost of the "Cardano Nexus" project represents excellent value for money due to the breadth and depth of features we are delivering, all of which are directly aimed at enhancing engagement and adoption within the Cardano ecosystem. The project’s costs have been carefully calculated based on the average wage and freelance rates for technical and development roles in our region, ensuring a cost-efficient yet high-quality solution.

Key Justifications for Costs:

1. Team Expertise: Our team consists of highly skilled professionals with proven track records in blockchain, mobile app development, and backend infrastructure. Hiring a team of this caliber at global freelance rates would significantly increase the project’s cost, but by leveraging local talent, we maintain a balance between cost and quality.
2. Scope of Work: The project covers a wide range of complex features, including real-time on-chain data integration, security measures like biometric and two-factor authentication, portfolio management, and market analysis. These functionalities would typically require a higher budget if sourced externally or piecemeal from multiple vendors.
3. Long-term Value: The app will provide users with a one-stop solution, saving time and resources by reducing the need for multiple tools. By offering an all-in-one platform for Cardano enthusiasts, developers, and investors, the app has the potential to increase overall engagement in the Cardano ecosystem, contributing to long-term network growth.
4. Open Source Contributions: As an open-source project, the community will benefit from ongoing improvements, with the potential for further development and innovation driven by global contributors at no additional cost. This open-source nature enhances value for the ecosystem, as it fosters a collaborative environment for the app’s future.
5. Impact on Adoption: By addressing the fragmented access to Cardano-related data and tools, "Cardano Nexus" will play a significant role in making the ecosystem more accessible, especially to new users. The more streamlined and user-friendly the experience, the more likely we are to see increased adoption, driving further value for the entire network