Rebud: Cardano X Logickit.io : Token-Gated Discounts and Integration for POS Solutions

[GENERAL] Name and surname of main applicant

Christopher Roldan

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

Entity (Incorporated)

[GENERAL] Requested funds in ada

500000

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

5

[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 onboard Web2 customers in cannabis retail with NFTs as lifetime memberships, offering discounts and blockchain education enhancing engagement and transactions.

[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

Our technology is currently proprietary to leverage our brand within the cannabis market effectively. By maintaining control over our intellectual property, we can ensure a consistent and high-quality user experience that aligns with our strategic goals.

However, we recognize the value of collaboration and innovation within the industry. While our technology is not open source at this time, we are open to exploring strategic partnerships that align with our mission and vision. Additionally, we are considering the potential for offering our technology in the future through a Software as a Service (SaaS) model. This approach would allow us to share our solutions with a broader audience while maintaining the integrity and competitive advantage of our proprietary systems.

We believe this strategy positions us to maximize our impact in the market while remaining adaptable to future opportunities for collaboration and growth.

[METADATA] Horizons

Infrastructure

[SOLUTION] Please describe your proposed solution

Our solution focuses on onboarding everyday Web2 customers in our retail cannabis locations through a unique digital membership model. We offer Non-Fungible Tokens (NFTs) as a lifetime membership, providing customers with access to exclusive discounts and perks. Upon onboarding, customers receive education about blockchain technology, ensuring they understand the value and functionality of their membership.

Our token-gated marketplace authenticates ownership of the token (NFT’s in this case) each time a customer makes a purchase, facilitated through an integration between their digital wallet and their Rebud.com account. This seamless process enhances user experience and encourages repeat engagement.

With the support of this grant, we aim to extend our integration to the Cardano ecosystem, enabling us to offer a seamless experience for users holding our Cardano NFTs. Upon completion of this integration, these NFT holders will be eligible for the same discounts and perks currently available to users within our Ethereum blockchain projects. This strategic move positions us to capitalize on opportunities as the regulatory landscape evolves to allow for cryptocurrency payments in the cannabis industry.

The cannabis sector faces significant challenges regarding cashless payment processing, with traditional solutions often costing 5-8% of gross receipts. By integrating Cardano, we will be prepared to accept Cardano tokens as payment for cannabis orders as soon as regulations permit. Unlike conventional payment processors, which impose high fees, we will incentivize customers by offering discounts for using their Cardano tokens.

This approach is designed to increase on-chain transactions and enhance visibility for the Cardano blockchain. The financial incentives provided by our discount model will encourage more customers to opt for cryptocurrency payments, thereby driving transaction volume within the Cardano ecosystem. Ultimately, this initiative will not only benefit our business but also foster greater adoption and engagement within the Cardano community, creating a mutually beneficial environment for all stakeholders involved.

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

Our project will deliver meaningful value to the Cardano community by offering unique utilities to our NFT holders. As a vertically integrated cannabis company, we provide wholesale pricing on our house brands, enabling NFT holders to pay 30% less than the average consumer. In addition, token-gated access to high-profile events such as NFTLA, NFTNYC, RARE EVO, and ART BASEL, along with curated cannabis goodie boxes, enhances user engagement. Our partnerships also offer free entry to major events like Insomniac Raves and Rolling Loud. The project's impact is tracked and measured by our POS systems reporting functionality including NFT membership sales, total savings, and claims (token utilization). This utility-driven approach has turned our community into an organic marketing force, amplifying both our brands and the broader Web3 ecosystem.

[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 capability to deliver this project with high levels of trust and accountability is demonstrated by our success within the Ethereum ecosystem, where we developed a functioning proof of concept. With a skilled team of developers and artists, we are well-positioned to expand onto the Cardano platform. As the only cannabis token-gated marketplace, we operate multiple storefronts and delivery hubs, all fully compliant with state-mandated licenses and regulations. Since 2013, our cannabis business has expanded from a small cultivation operation to a vertically integrated cultivation, manufacturing, distrubtion and network of retail stores, delivery centers, and a nationwide shipping service. Since 2017, our tech company has consistently improved our suite of products, streamlining operations and facilitating the onboarding of Web2 customers. We maintain strong relationships with partner brands and regulatory agencies, and have a proven track record of responsible fund management.

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

Milestone 1: Enable Cardano NFT Holders to Receive Discounts on Cannabis Orders

A: Milestone Outputs

• Implement a system within our token-gated test marketplace that will allow Cardano NFT holders to automatically receive discounts on their cannabis orders.

B: Acceptance Criteria

• Cardano NFT verification is successfully integrated into the test marketplace.
• Discounts are automatically applied to orders placed by verified Cardano NFT holders.
• Completion of a testing phase with at least 15 transactions demonstrating successful discount applications.

C: Evidence of Milestone Completion

• Transaction logs from the test marketplace showing successful discount applications for Cardano NFT holders.
• Documentation detailing the integration process and any challenges encountered.

Milestone 2: Testing Phase for Cardano NFT Integration 

A: Milestone Outputs 

Conduct a comprehensive testing phase for the Cardano NFT integration established in Milestone 1, ensuring the system operates smoothly and meets all specified requirements for discount application. 

B: Acceptance Criteria 

1. Functional Testing: Validate that the Cardano NFT verification process accurately identifies eligible holders and applies discounts correctly. 
2. User Experience Testing: Gather feedback from a minimum of 10 test users regarding the ease of use and overall experience of the discount application process. 
3. Performance Metrics: Achieve a 100% successful transaction rate during testing, demonstrating that discounts are applied consistently for eligible Cardano NFT holders. 
4. Bug Identification and Resolution: Identify and document any issues encountered during testing, with a plan for addressing and resolving these issues prior to the official launch. 

C: Evidence of Milestone Completion 

• Detailed testing reports documenting the results of functional tests, including any issues found and their resolutions. 
• User feedback summaries highlighting ease of use and any recommendations for improvements. 
• Transaction logs that reflect testing activity, showcasing the successful application of discounts for Cardano NFT holders during the testing phase. 
• Documentation outlining the performance metrics achieved, including success rates and any anomalies encountered. 

By completing this milestone, we will ensure that our Cardano NFT integration is robust, reliable, and user-friendly, setting the stage for a successful rollout. The insights gained from this testing phase will be instrumental in refining our system and enhancing the user experience for NFT holders seeking discounts on cannabis orders. 

Milestone 3: Automate Authentication of Tokens for Discount Application

A: Milestone Outputs

• Develop an automated system for authenticating Cardano NFTs without requiring users to reconnect their wallets for discount validation.

B: Acceptance Criteria

• The system allows seamless authentication of Cardano NFTs for discounts without additional user input.
• Successful completion of testing to ensure accuracy in discount application for NFT holders.

C: Evidence of Milestone Completion

• Technical documentation demonstrating the automated authentication process.
• User feedback confirming ease of use and satisfaction with the automated system.

Milestone 4: Customize Discounts Based on NFT Projects

A: Milestone Outputs

• Develop a customization feature that allows for tailored discounts based on specific NFT projects and brands, including limited product drops for NFT holders.

B: Acceptance Criteria

• At least three distinct discounts created for different NFT projects.
• Successful execution of a limited product drop for one of the partnered NFT projects.

C: Evidence of Milestone Completion

• Documentation of the customized discount structures for each NFT project.
• Records of sales and user engagement during the limited product drop event.

Milestone5: Pre-Launch Marketing for the Integration 

A: Milestone Outputs 

Execute a comprehensive pre-launch marketing campaign to promote our Cardano NFT integration, focusing on raising awareness and excitement within the community before the official launch. 

B: Acceptance Criteria 

1. Branding and Messaging: Develop and finalize marketing materials, including branding elements and messaging that clearly convey the unique value of our Cardano blockchain integration. 
2. Community Engagement: Achieve a measurable increase in community engagement 
3. Content Creation: Produce a minimum of five educational content pieces (e.g., blog posts, videos, infographics) that explain the integration and its benefits to potential users. 
4. Influencer Partnerships: Secure partnerships with at least two key influencers within the Cardano community to amplify our reach and credibility. 
5. Launch Promotions: Implement at least one promotional campaign (e.g., early access, contests) with measurable outcomes 

By successfully achieving this milestone, we will create a strong foundation of awareness and anticipation for our Cardano NFT integration, ensuring a robust and engaged community ready for the official launch. This pre-launch marketing effort is crucial for driving user participation and building momentum as we move forward with our project. 

Final Milestone: Project Close-out Report and Video

A: Milestone Outputs

• Compile a comprehensive final report summarizing the project activities, outcomes, and lessons learned.
• Create and release a project close-out video showcasing key achievements and testimonials.

B: Acceptance Criteria

• The final report must include data on user engagement, discount utilization, and overall project impact.
• The video is completed, shared with stakeholders, and accessible to the community.

C: Evidence of Milestone Completion

• Submission of the final report to the grant committee.
• Link to the project video, including viewership metrics and community feedback.

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

Chris – Project Administrator 

https://x.com/ApeGeneral_ 

 

Overview: The Project Administrator will play a pivotal role in preparing Project Catalyst proposals and overseeing the distribution and management of project funds. This position requires effective communication with the community to provide ongoing updates throughout the project lifecycle. 

Key responsibilities include collaborating with the Project manager to define project requirements and directing the integration of the Cardano blockchain with the existing POS system and technology suite. The primary objective of this project is to enable holders of Cardano NFTs to automatically receive discounts at the POS by authenticating their assets linked to their customer accounts. 

The Project Administrator will ensure that the integration is executed efficiently, meeting both technical specifications and project timelines, while fostering stakeholder engagement and community involvement. 

 

Key Responsibilities: 

1. Project Planning: 
2. Develop and manage the project plan, including timelines, milestones, and deliverables for the blockchain integration. 
3. Stakeholder Coordination: 
4. Collaborate with cross-functional teams, including development, design, and marketing, to align project goals and requirements. 
5. Requirements Gathering: 
6. Gather and document technical and functional requirements for the integration, ensuring they meet business needs. 
7. Market Research: 
8. Conduct market research to understand user needs, competitive landscape, and industry trends related to NFTs and blockchain technology. 
9. Risk Management: 
10. Identify potential project risks and develop mitigation strategies to ensure successful delivery. 
11. Progress Monitoring: 
12. Track project progress, providing regular updates to stakeholders and adjusting plans as necessary to stay on schedule. 
13. Budget Management: 
14. Manage the project budget, ensure resources are allocated efficiently and expenses are kept within limits. 
15. Testing and Quality Assurance: 
16. Oversee testing phases to ensure the integration functions are as intended and meet quality standards. 
17. Documentation: 
18. Ensure comprehensive documentation of project processes, including user guides and technical specifications. 

Qualifications: 

• Familiarity with Cardano and NFT ecosystems. 
• Strong organizational skills and attention to detail. 
• Excellent communication and interpersonal skills. 
• Proficient in project management tools and methodologies. 

 

 

 

 

David Karapetyan – Project Manager 

 

https://www.linkedin.com/in/david-karapetyan-phd/ 

 

Overview: 

The Project Manager will lead the integration of the Cardano blockchain with an existing Point of Sale (POS) system. The integration will allow Cardano NFT holders to automatically receive discounts by linking their wallets to customer accounts within the POS. The Project Manager will coordinate all aspects of the project, ensuring timely, secure, and efficient delivery. 

Responsibilities: 

1. Project Planning: Create and manage project timelines, resources, and deliverables. 
2. Team Coordination: Collaborate with blockchain developers, POS engineers, and external vendors to ensure seamless integration. 
3. Integration Execution: Oversee the technical process of authenticating Cardano NFTs for automatic discounts at the POS. 
4. Risk & Compliance Management: Identify risks and ensure the project adheres to security protocols and privacy regulations. 
5. Testing & Reporting: Lead testing phases and produce regular progress updates for stakeholders, with clear documentation. 

Key Performance Indicators (KPIs): 

• On-time Delivery: Achieve 100% of milestones within the agreed project timeline. 
• System Uptime: Ensure 99.9% uptime during and post-integration. 
• Authentication Success Rate: Attain a 100% success rate in Cardano NFT wallet authentication at the POS. 
• User Acceptance: Attain 90% positive feedback in user testing and acceptance phases. 
• Cost Management: Keep project costs within the allocated budget. 
• Risk Resolution: Resolve identified risks within 72 hours of detection. 

Qualifications: 

• Proven experience in managing blockchain or tech integration projects. 
• Strong organizational and leadership skills, with technical knowledge of blockchain, NFTs, and POS systems. 
• Expertise with a diverse range of technologies such as JAVA, .Net, React.js, Node.js, Android, iOS and PHP 

 

 

 

Hayk Karapetyan – Lead Developer 

 

https://www.linkedin.com/in/hayk-karapetyan-4925a371/ 

 

Overview: The Lead Developer is responsible for creating a tech product suite that enables Cardano NFT holders to access automatic discounts through a proprietary POS system, integrating with the Cardano blockchain to verify NFT ownership. 

Key Responsibilities: 

1. Architecture: 
2. Design the system architecture for the POS and blockchain integration, ensuring scalability and security. 
3. POS Development: 
4. Lead the development of the Integration with the POS system, focusing on features for automatic discounts for NFT holders. 
5. Testing and QA: 
6. Implement testing protocols to ensure reliability and security of the system. 
7. Continuous Improvement: 
8. Stay updated on blockchain advancements and implement enhancements based on user feedback. 

Qualifications: 

• Strong experience in software development and blockchain technologies. 
• Skilled in Hibernate, Spring Framework, Java, Visual Basic .NET (VB.NET), and .NET Framework. 
• Education – State Engineering University of Armenia 
• Been with Logickit for 7 years 
• Experience with POS systems or payment processing. 
• Strong problem-solving and communication skills. 

 

 

 

 

 

 

 

 

Mark- Product Manager 

 

https://www.linkedin.com/in/mark-herburger-35031a25a/ 

Overview: The Product Manager will serve as the primary liaison between end-users and the Lead Developer, facilitating effective communication and collaboration between both parties. This role involves gathering feedback from the community and relaying updates from the development team, ensuring that all stakeholders are informed and aligned throughout the project. 

The Product Manager will lead the initiative to integrate the Cardano blockchain with the existing POS system and technology suite. The Product Manager will be instrumental in shaping the product vision, defining user requirements, and ensuring that the final solution meets the needs of both users and the business. 

 

Key Responsibilities: 

1. Product Strategy: 
2. Define the product vision and roadmap for the Cardano blockchain integration project, aligning with overall business objectives. 
3. Requirements Gathering: 
4. Collaborate with stakeholders, including developers, designers, and operations managers to gather and document technical and functional requirements. 
5. User Experience: 
6. Ensure a seamless user experience for customers interacting with the POS system, focusing on the authentication process for NFT holders. 
7. Stakeholder Collaboration: 
8. Act as the primary liaison between cross-functional teams to ensure alignment on project goals, timelines, and deliverables. 
9. Project Oversight: 
10. Work closely with the Project Manager to monitor progress, address any issues, and ensure timely delivery of project milestones. 
11. Testing and Validation: 
12. Oversee product testing phases to validate the integration, ensuring it meets quality standards and user expectations. 
13. Performance Metrics: 
14. Define and track key performance indicators (KPIs) to measure the success of the integration and make data-driven decisions. 
15. Documentation: 
16. Create comprehensive product documentation, including user guides and technical specifications, for internal and external stakeholders. 

Qualifications: 

• Proven experience in operations management and POS system management 
• Director of Operations for Rebud 
• Experienced in finding bugs in the suite of technology and working closely with the development team to optimize the POS system’s functionality 
• Familiarity with the Cardano ecosystem and NFT applications 
• Strong analytical skills and ability to translate complex requirements into actionable tasks. 
• Excellent communication and interpersonal skills, with a focus on collaboration. 
• Proficient in product management tools and methodologies. 

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

Budget & Cost 

Milestone 1 – 100,000 ADA Month 1 Enable Cardano NFT Holders to Receive Discounts on In-Store and delivery Cannabis orders. These following steps will cost 100,000 ADA to develop and maintain and will be paid directly to the Project Manager and Lead Developer for their services rendered. 

1. Design the Architecture 
2. API Design: Define APIs for the POS system to interact with the blockchain. Specify endpoints for: 
3. Verifying NFT ownership 
4. Fetching NFT details 
5. Applying discounts based on verified ownership 
6. Database Design: If needed, design a schema to store relevant NFT data or user preferences in the POS system. 
7. Development Setup 
8. Set Up Development Environment: Ensure that you have a local setup for the POS system and tools for interacting with Cardano (e.g., Cardano CLI, wallets). 
9. Version Control: Use Git or another version control system for managing code changes. 
10. Implement Blockchain Interaction 
11. Wallet Integration: Integrate with a Cardano wallet to enable users to connect their wallets and verify ownership of NFTs. 
12. POS System Modifications 
13. Add Discount Logic: Modify the POS software to include a new process for checking NFT ownership and applying discounts. 
14. User Interface Changes: Update the POS user interface to allow staff to input or scan NFT-related information. 
15. Testing 
16. Unit Testing: Write tests for both blockchain interactions and POS modifications to ensure each component works independently. 
17. Integration Testing: Test the entire flow from NFT verification to discount application in a staging environment. 
18. User Acceptance Testing (UAT): Collaborate with stakeholders to validate that the integration meets their expectations and functional requirements. 
19. Deployment 
20. Deployment Plan: Create a detailed deployment plan, including rollback procedures in case of issues. 
21. Production Environment Setup: Ensure that both the POS and blockchain interfaces are ready for production. 
22. Launch: Deploy the integration to the production environment. 
23. Monitoring and Maintenance 
24. Logging and Monitoring: Implement logging for both the POS system and blockchain interactions to monitor performance and troubleshoot issues. 
25. Feedback Loop: Establish a mechanism for collecting user feedback post-launch to identify areas for improvement. 
26. Regular Updates: Stay updated with Cardano developments and maintain the integration as needed to accommodate any changes. 
27. Documentation 
28. Technical Documentation: Document the architecture, API specifications, and any relevant code comments for future reference. 
29. User Documentation: Create user manuals or guides for staff on how to use the new discount feature. 

 

Milestone 2 – 75,000 ADA Month 2: Testing Phase for Cardano NFT Integration

Conducting a thorough testing phase for the Cardano NFT integration is essential to ensure functionality, reliability, and user satisfaction. This phase will cost 75,000 ADA, paid directly to the Lead Developer and Project Manager for their services rendered.

1. Define Testing Objectives

• Identify Key Functionalities: Outline the specific functionalities that require testing, focusing on NFT verification, discount application, and overall system interaction.
• Set Success Metrics: Establish criteria for successful test outcomes, including error rates and user experience benchmarks.

1. Develop Testing Strategies

• Unit Testing: Create unit tests for each component, focusing on the verification of NFT ownership and discount calculations.
• Integration Testing: Formulate integration tests that simulate the full user journey, from wallet connection to discount application.
• User Acceptance Testing (UAT): Organize sessions with stakeholders and users to validate the integration against their expectations and requirements.

1. Conduct Testing

• Functional Testing: Execute tests to verify the successful identification of Cardano NFT holders and the accurate application of discounts.
• Performance Testing: Measure the system's responsiveness and reliability under various load conditions to ensure scalability.

1. Collect User Feedback

• Feedback Surveys: Distribute surveys to test users to gather insights on usability, satisfaction, and areas for improvement.
• Focus Groups: Hold focus group sessions with users to discuss their experiences and expectations from the integration.

1. Identify and Address Issues

• Bug Tracking: Implement a system for tracking and prioritizing bugs or issues identified during testing.
• Resolution Plan: Develop a clear plan for addressing critical issues, ensuring that they are resolved before the official launch.

1. Final Testing Reports

• Documentation of Results: Create comprehensive testing reports detailing the outcomes of unit, integration, and UAT tests, including metrics and user feedback.
• Recommendations: Provide recommendations based on testing outcomes to guide final adjustments before the launch.

1. Prepare for Launch

• Deployment Plan: Collaborate with the development team to finalize the deployment strategy, ensuring readiness for production.
• User Training Materials: Develop training materials or user guides based on feedback and testing outcomes to prepare staff for the launch.

By meticulously following these steps, we can ensure that the Cardano NFT integration is robust and user-friendly, laying the groundwork for a successful launch.

 

Milestone 3 – 100,000 ADA Month 3: Automate Authentication of Tokens for Discount Application 

Automating the authentication of tokens for discount applications in the integration between a proprietary POS system and the Cardano blockchain requires a systematic approach. These steps will cost 100,000 ADA to develop and maintain. These funds will go directly to the Lead Developer and Project Manager for payroll/services rendered. Here’s a detailed breakdown of the steps involved: 

1. Define Token Authentication Requirements 
2. Determine Token Types: Identify the specific tokens (NFTs) that will qualify for discounts and their attributes. 
3. Set Criteria for Discounts: Specify how discounts are determined based on the tokens held (e.g., which NFT qualifies for what discount). 
4. Research Cardano Token Standards 
5. Understand Cardano's Token Standards: Review the relevant token standards for NFTs on the Cardano blockchain, such as native tokens. 
6. Explore Existing Libraries: Identify libraries that facilitate interaction with Cardano’s token management features (e.g., cardano-serialization-lib). 
7. Design the Authentication Workflow 
8. Flowchart Design: Create a flowchart illustrating the authentication process from wallet connection to discount application. 
9. User Journey Mapping: Map the user experience to ensure it is seamless, especially for wallet connections. 
10. Integrate Wallet Connection 
11. Select Wallet SDK: Choose a compatible SDK for integrating wallet functionalities (e.g., Nami, Daedalus, or Vesper). 
12. Implement Wallet Connection Logic: 
13. Allow users to connect their Cardano wallet through a secure interface. 
14. Ensure that the connection is robust and can handle errors gracefully. 
15. Develop Token Verification Logic 
16. Fetch Token Data: Implement functionality to retrieve the user's token data from the Cardano blockchain after wallet connection. 
17. Token Ownership Check: 
18. Create a function to check if the connected wallet holds the required NFTs. 
19. Use Cardano’s APIs or SDKs to query the blockchain for token ownership. 
20. Automate Discount Application 
21. Discount Calculation Logic: 
22. Develop a function that applies the discount based on the NFTs owned. 
23. Ensure that it can handle multiple tokens and varying discount levels. 
24. API Endpoint for Discount Application: 
25. Create an API endpoint in the POS system that receives token verification results and calculates discounts automatically. 
26. Testing Automation 
27. Automated Unit Tests: Write unit tests to verify token verification and discount application functions. 
28. Integration Tests: Develop integration tests that simulate wallet connections and validate the entire flow of authentication and discount application. 
29. User Acceptance Testing (UAT): Conduct UAT to ensure the automated process meets stakeholder expectations. 
30. User Interface Updates 
31. Feedback Mechanism: Create a UI that informs users about the status of their token verification and applied discounts. 
32. Error Handling UI: Design informative messages for situations where token verification fails or discounts are not applicable. 
33. Deployment and Monitoring 
34. Deployment Strategy: Plan the deployment of the new automation feature alongside existing systems. 
35. Monitoring Setup: Implement monitoring tools to track the performance of the token verification process, including error rates and response times. 
36. Documentation and Training 
37. Technical Documentation: Update existing documentation to include details about the new authentication logic and workflows. 
38. User Training: Provide training sessions or materials for staff to understand how to assist customers with the new discount application process. 
39. Feedback and Iteration 
40. Collect Feedback: After deployment, gather user feedback on the automation process. 
41. Iterate on Features: Use the feedback to improve the token authentication and discount application features as needed. 

By following these steps, the lead developer can effectively automate the authentication of tokens for discount applications, ensuring a smooth integration with the proprietary POS system and enhancing the overall user experience for Cardano NFT holders. 

 

Milestone 4 – 75,000 ADA Month 4 Customize Discounts Based on NFT Projects. The following steps will cost 75,000 ADA to develop and maintain. The funds will go directly to the Lead Developer, Project Manager and Project Administrator for payroll/services rendered. 

Customizing discounts based on specific Cardano NFT projects involves additional logic to differentiate between various NFT collections and apply specific discount rules. Here’s a detailed outline of the steps needed for a lead developer to implement this customization: 

1. Define Project-Specific Requirements 

• Identify NFT Projects: Work with stakeholders to list specific Cardano NFT projects eligible for discounts. 
• Determine Discount Structures: Define how discounts vary based on the NFT project, including: 
• Percentage discounts 
• Special promotional discounts 

2. Research NFT Metadata Standards 

• Understand NFT Metadata: Review the structure of metadata for the identified NFT projects to know what attributes can be used for identification (e.g., project name, policy ID, asset name). 
• Explore APIs: Identify APIs or libraries to fetch NFT metadata (e.g., using the Cardano GraphQL API). 

3. Design a Custom Discount Logic Framework 

• Discount Mapping Table: Create a mapping table or configuration file that outlines the relationship between NFT projects and their corresponding discounts. 
• Design Discount Rules: Develop a framework for applying discounts based on the NFT project: 
• Use conditions to check ownership against the mapping table. 
• Set rules for multiple projects if a user holds NFTs from various collections. 

4. Implement Project Identification Logic 

• Fetch Project Metadata: Modify the token verification function to include fetching metadata specific to the identified NFT projects. 
• Match Ownership to Projects: Implement logic to verify if the NFTs belong to the specified projects: 
• Use the project’s policy ID or metadata attributes for verification. 

5. Modify Discount Calculation Logic 

• Integrate Project-Based Discounts: 
• Update the discount application function to consider the project type when calculating discounts. 
• Ensure that discounts are only applied if the NFT belongs to one of the specified projects. 

6. User Interface Customization 

• Inform Users of Eligibility: Update the POS user interface to inform users about the discounts available for specific NFT projects. 
• Display NFT Collection Information: If applicable, show which NFT projects are eligible for discounts when users connect their wallets. 

7. Testing Custom Discounts 

• Unit Tests for Project-Specific Logic: Write unit tests for the new logic that applies discounts based on NFT project identification. 
• Integration Tests: Develop integration tests to simulate the entire process, ensuring discounts apply correctly based on the projects. 
• User Acceptance Testing (UAT): Collaborate with stakeholders to validate the functionality and ensure it meets business requirements. 

8. Deployment and Rollout 

• Deployment Strategy: Plan the rollout of the new feature, ensuring minimal disruption to existing functionality. 
• Monitoring and Logging: Implement monitoring for discount application processes to track usage and catch any errors. 

9. Documentation and Training 

• Update Technical Documentation: Document the new discount structures, project mapping, and any changes to the authentication and discount logic. 
• User Training: Provide training to staff on how to assist customers in understanding the new project-specific discounts. 

10. Feedback Collection and Iteration 

• Gather User Feedback: After deployment, actively collect feedback from users regarding the new discount structures. 
• Iterate Based on Feedback: Make necessary adjustments to the discount logic and structures based on user experience and feedback. 

11. Marketing and Promotion 

• Promote Discount Programs: Collaborate with marketing to announce and promote the new discounts available for specific Cardano NFT projects. 
• Engage with Communities: Consider outreach to NFT project communities to encourage awareness and participation in the discount program. 

By following these steps, the lead developer can successfully customize discounts based on specific Cardano NFT projects, enhancing the value proposition for users and driving engagement within the NFT community. 

Milestone 5 – 75,000 ADA Month 5: Pre-Launch Marketing Campaign

To ensure a successful launch of the Cardano NFT integration, a comprehensive pre-launch marketing campaign will be executed. The following steps will cost 75,000 ADA and will be allocated to the Marketing Team for their services rendered.

1. Develop a Marketing Strategy

• Target Audience Analysis: Identify key demographics and interests of potential users, focusing on NFT collectors, cannabis enthusiasts, and the Cardano community.
• Messaging Framework: Create compelling messaging that highlights the benefits of the integration, such as exclusive discounts for Cardano NFT holders.

1. Content Creation

• Digital Assets: Design graphics, infographics, and videos that explain the integration and its benefits.
• Blog Posts and Articles: Write informative content detailing the project, the technology behind the integration, and how users can benefit from the NFT discounts.

1. Community Engagement

• Social Media Campaign: Launch a campaign across platforms like Twitter, Instagram, and Discord to engage with the Cardano and NFT communities. Regular updates, teasers, and countdowns to the launch will be posted.
• Influencer Collaborations: Partner with relevant influencers in the NFT and cannabis spaces to broaden reach and credibility.

1. Email Marketing

• Build an Email List: Create a dedicated email list for interested users to receive updates about the launch.
• Pre-Launch Announcements: Design a series of email campaigns that build anticipation leading up to the launch, including sneak peeks of the features and discounts.

1. Launch Events

• Virtual Launch Event: Organize a live online event to showcase the integration, featuring demos, Q&A sessions, and exclusive offers for attendees.
• Promotional Offers: Create limited-time promotions for early adopters and NFT holders who participate in the launch event.

1. Performance Monitoring

• Tracking Metrics: Use analytics tools to monitor engagement, conversion rates, and user feedback from the marketing campaign.
• Adjust Strategies: Be prepared to adapt marketing strategies based on performance data and community feedback to maximize impact.

1. Documentation and Reporting

• Campaign Report: Document the strategies used, metrics tracked, and outcomes of the marketing campaign.
• Stakeholder Updates: Provide updates to stakeholders on the effectiveness of the pre-launch campaign and any insights gathered.

Final Milestone – 75,000 ADA Month 5 Project Close-Out Report and Video. Upon completion and release of the final product, the remaining 75,000 ADA will be released to the development and executive team members for their services rendered. Here’s a detailed outline for the company to execute this process effectively: 

1. Compile the Project Close-Out Report 

• Gather Project Data: 
• Collect all relevant project documentation, including requirements, design documents, testing results, and feedback. 
• Summarize key metrics, such as performance indicators, milestones achieved, and timelines. 
• Evaluate Outcomes: 
• Assess whether the project goals were met, including integration success, user feedback, and any challenges faced. 
• Document lessons learned and areas for improvement. 
• Format the Report: 
• Create a structured report that includes: 
• Executive summary 
• Project scope and objectives 
• Methodology and approach 
• Results and outcomes 
• Financial summary 
• Recommendations for future projects 

2. Create the Project Close-Out Video 

• Outline Video Content: 
• Plan the video structure, including sections on project overview, key achievements, team contributions, and future directions. 
• Gather Visual Assets: 
• Collect screenshots, screen recordings, and other visual content showcasing the integration and user interface. 
• Record Narration: 
• Script and record voice-over narration that aligns with the visual content, explaining key points in the project. 
• Edit the Video: 
• Use video editing software to compile the visuals and narration, ensuring a polished final product. 
• Add any necessary branding, music, or captions for clarity. 

3. Review and Approval Process 

• Internal Review: 
• Share the close-out report and video draft with key stakeholders for feedback. 
• Make necessary revisions based on input received. 
• Final Approval: 
• Obtain final sign-off from executive leadership and project sponsors on the report and video. 

4. Release the Project Close-Out Report and Video 

• Choose Distribution Channels: 
• Decide where to publish the report and video (e.g., company website, internal communications platform, social media). 
• Create Announcement: 
• Draft an announcement email or post to inform relevant parties of the project close-out and provide links to the report and video. 
• Publish: 
• Release the report and video across the selected channels, ensuring visibility and accessibility for stakeholders and team members. 

5. Prepare for Payout of Remaining Funds 

• Review Financials: 
• Confirm that all project expenses are accounted for and that the remaining funds are available for payout. 
• Calculate Payouts: 
• Determine the payout amounts for each member of the development and executive teams based on agreements, contributions, or performance metrics. 

6. Process the Payouts 

• Compile Payment Information: 
• Gather necessary payment details (e.g., bank account information, payment methods) from team members. 
• Initiate Payments: 
• Use the company’s financial software or system to process the payouts. 
• Ensure compliance with any tax implications or legal requirements for employee payouts. 
• Confirm Transactions: 
• After processing, confirm that all payments have been executed successfully and notify recipients of their payout. 

7. Post-Release Follow-Up 

• Solicit Feedback: 
• Gather feedback on the project close-out report and video from stakeholders to assess their effectiveness. 
• Conduct a Retrospective: 
• Schedule a meeting with the project team to reflect on the project’s success and areas for improvement. 

8. Document Lessons Learned 

• Create a Lessons Learned Document: 
• Compile feedback and insights gained during the project and close-out process. 
• Disseminate Findings: 
• Share the lessons learned with the organization to improve future project processes and outcomes. 

9. Celebrate Team Success 

• Acknowledge Contributions: 
• Host a small team celebration or recognition event to appreciate the efforts of all team members involved in the project. 
• Promote Team Cohesion: 
• Encourage team members to share their experiences and insights from the project, fostering a culture of collaboration and growth. 

By following these steps, the company can effectively release the project close-out report and video while ensuring proper financial processes for the remaining funds, ultimately enhancing transparency and stakeholder engagement. 

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

The cost of this project represents exceptional value for money for the Cardano ecosystem due to its potential to generate significant utility and exposure for the Cardano blockchain, while maintaining a lean budget. The primary goal is to integrate the Cardano blockchain with an existing proprietary POS system, enabling automatic discounts for Cardano NFT holders through seamless token authentication. This has far-reaching benefits that extend beyond the immediate technical integration, impacting adoption, marketing, and overall Cardano visibility. 

Discount Mechanism & Ecosystem Utility: 

By enabling automatic discounts for Cardano NFT holders, the project actively increases the utility of Cardano NFTs in the real world. This encourages NFT holders to engage more deeply with the Cardano ecosystem while also incentivizing new users to explore NFT ownership. The cost associated with developing this discount mechanism is justified by its potential to increase Cardano’s user base and utility, driving long-term value. 

Marketing & Exposure: 

Integrating Cardano blockchain technology into a Web2 proprietary POS system has immense marketing potential. The project leverages our existing customer base, composed primarily of Web2 users, to showcase the functionality of Cardano NFTs. The costs related to marketing the new features are designed to maximize exposure for the Cardano blockchain at a fraction of what it would cost for traditional marketing efforts. This gives Cardano organic exposure to a new audience, boosting its credibility and reach without large-scale marketing expenditures. The utility that this project will provide will undoubtedly increase on chain transactions for the Cardano blockchain as web2 customers and existing web3 participants seek to purchase Cardano tokens on chain in order to begin receiving the discounts. 

Cost Justification: 

The project’s costs have been benchmarked against typical freelance rates in blockchain development and integration in our region. Developer wages, which form the bulk of the budget, are aligned with industry standards to ensure we attract skilled professionals, while remaining mindful of cost efficiency. Higher costs related to blockchain expertise are justified by the complexity of the work, but these expenses are kept proportionate to ensure maximum value for money. Additionally, we’ve significantly reduced overhead by leveraging our existing infrastructure. 

Value Proposition: 

Integrating our POS system with the Cardano blockchain to offer automatic discounts for NFT holders will significantly increase Cardano’s exposure within the cannabis industry. By introducing our customers to blockchain technology through a practical, easy-to-use system, we expose a new audience to Cardano’s benefits. This integration also serves as a model for other cannabis businesses, showcasing how Cardano can enhance customer loyalty and engagement, encouraging wider adoption across the industry. The cannabis sector offers a unique market for Cardano to penetrate, creating a compelling use case that can inspire broader adoption and innovation within this space. All of this is achieved with a cost-efficient budget that prioritizes high-impact outcomes without unnecessary expenditure. By focusing on targeted marketing, strategic integration, and scalable utility, this project delivers value for money while positioning Cardano as a forward-thinking blockchain solution within both Web2 and Web3 spaces.