Flash: A Mempool Monitor that sends instant alerts for new token mints, liquidity pools, and burns before they hit the blockchain.

[GENERAL] Name and surname of main applicant

Vayun Kaatyayan

[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

Sky - Twitter Profile

Jeff - Twitter Profile

[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)

Flash provides real-time notifications for new token activity. Moreover, users gain a competitive edge from our paired integration with Frenbot, enabling trades with the click of a button.

[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 dependencies.

[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

The codebase and resources developed for this project are proprietary and will not be made available to the public or open-source communities.

[METADATA] Horizons

DeFi

[SOLUTION] Please describe your proposed solution

Flash is a mempool monitoring bot designed to provide users with lightning-fast notifications for new token mints, liquidity pools, and burns before they are officially recorded on-chain. Notifications will be delivered via both Discord and Telegram, ensuring users receive timely updates wherever they are.

Key features include:

• Real-Time Alerts: Flash monitors the mempool to deliver immediate notifications, allowing users to seize opportunities.
• Token Creator Tracking: Users can track developer wallets seamlessly through our integration with Zing, ensuring they stay informed about project activities.
• Integrated Trading Functionality: With the FrenBot integration, users can snipe, buy, or sell tokens directly from notifications, making trading more efficient and responsive.
• Comprehensive Notifications: Each alert includes links to valuable platforms such as Cardano Scan, Dexhunter, and Taptools, providing users with easy access to relevant information.

By empowering users with timely insights and integrated trading capabilities, Flash enhances their ability to navigate the Cardano ecosystem effectively and transparently.

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

Flash enhances the Cardano ecosystem by delivering real-time notifications for new token mints, liquidity pools, and burns before they are on-chain. By providing users with immediate access to critical information, Flash empowers them to act swiftly, fostering transparency and informed decision-making. This capability not only helps individual users capitalize on opportunities but also supports new projects by increasing visibility within 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 has a proven track record, successfully launching and managing multiple products over the last 7 months, including the Flash MVP for over 2 months without any additional funding. This experience demonstrates our ability to develop and maintain a reliable notification system. To validate our approach, we will gather user feedback and analyze engagement metrics from the MVP to guide future enhancements and ensure the continued relevance of our solution across both Discord and Telegram.

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

Optimizing Discord MVP version

• Duration: 2 months
• Outputs:
• Add support for newer trading platforms (i.e. Snek Fun, Rocket)
• Add burn updates

Planning and Design for the Telegram version

• Duration: 1 month
• Outputs:
• Comprehensive design of the Telegram integration, including user interface and notification flow
• Development of a detailed project plan outlining features and functionalities specific to Telegram

Development of the Telegram version

• Duration: 2 months
• Outputs:
• Development of the frontend interface for the Telegram version
• Implementation of the backend architecture to support notifications

Testing and Optimization

• Duration: 1 month
• Outputs:
• Comprehensive testing of the Telegram version for functionality, performance, and user experience
• Optimization based on feedback and identified issues to ensure smooth operation

Milestone 5:

Public Launch

• Duration: 1 month
• Outputs:
• Official launch of the Telegram version, making it available to users
• Promotion and user onboarding to encourage adoption

Documentation

• Duration: 1 month
• Outputs:
• Complete project documentation, including user guides and technical specifications

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

Rush Labs Team:

• Vayun Kaatyayan (CEO & Project Lead)
• Twitter Profile
• Sky (Developer)
• Twitter Profile
• Jeff (Community Manager)
• Twitter Profile

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

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

Answer:

Total Budget Breakdown:

• Planning and Design: 20,000 ADA
• Development: 50,000 ADA
• Infrastructure & Third Party Service Costs: 20,000 ADA
• Testing and Optimization: 10,000 ADA
• Public Launch: 10,000 ADA
• Marketing: 10,000 ADA
• Final Documentation: 5,000 ADA
• Miscellaneous and Contingency: 10,000 ADA

Total Budget: 135,000 ADA

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

The investment in Flash represents significant value for the Cardano ecosystem by providing users with a unique service that enhances access to real-time information on new token mints, liquidity pools, and burns. Unlike other blockchains where users often pay for similar services weekly, Flash offers these critical notifications at no cost to users, increasing accessibility for all participants in the ecosystem.

By enabling timely action on emerging opportunities, Flash not only enhances individual trading capabilities but also contributes to the overall liquidity and vibrancy of the Cardano network. Our budget is carefully allocated to ensure efficient use of funds, with investments in infrastructure and development leading to a robust product that meets the community's needs and supports the ecosystem's growth.