SAIB: Tyyp – Seamless ADA Tipping in Cardano

[GENERAL] Name and surname of main applicant

Clark Alesna

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

Entity (Incorporated)

[GENERAL] Co-proposers and additional applicants

No Additional applicants

[GENERAL] Requested funds in ada

100000

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

3

[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)

Tyyp, a browser extension, will enable direct tipping using CNTs on social media platforms, providing a decentralized, secure, and efficient way for audiences to financially support content creators.

[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?

Yes

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

Everything will be open source under Apache Open-Source License found in the project repository.

[METADATA] Horizons

Social Media

[SOLUTION] Please describe your proposed solution

Proposed Solution Overview

In recent years, tipping has become a popular way for audiences to financially support content creators on social media platforms. However, current options are often centralized, with high fees, complex interfaces, and intermediary control, making direct support less efficient for creators, especially in the Cardano ecosystem. Recognizing this gap, the primary issue addressed by Tyyp is the absence of a secure, user-friendly, and decentralized mechanism for audiences to financially support content creators directly on social media platforms using Cardano's native assets, including ADA and other tokens. Tyyp solves this by providing an easy-to-use browser extension that integrates seamlessly with social media platforms, allowing users to tip content creators directly with Cardano’s native assets. Our solution, Tyyp, leverages the Cardano blockchain to facilitate direct tipping with these native assets, ensuring transparency and reducing transaction costs.

Approach and Rationale

We have chosen to develop a browser extension because it allows for seamless integration with existing social media interfaces, enabling users to tip creators without leaving the platform. This approach minimizes disruption to the user experience and broadens the potential user base by making cryptocurrency transactions accessible to non-expert users. By supporting all Cardano native assets, we not only utilize a cryptocurrency known for its robustness and low fees but also enhance the flexibility for users to engage with a variety of digital assets. 

Social media has become embedded in people's daily lives, with content creators acting as its core - starting trends and spreading information, influencing user's thoughts and decisions. On these platforms, users form a connection with creators, supporting them through interactions and monetary means. Tyyp allows users to do so with Cardano Native Tokens (CNTs). As a browser extension, Tyyp integrates seamlessly with social media interfaces, allowing users to tip without leaving the platform – as easily as leaving a like and comment. Combining the influence of social media and beloved content creators, in addition to the convenience of browser extensions, Tyyp provides a fun and simple method of interacting with Cardano. This exposes non-expert users, influencers and supporters alike, to a new way of exploring the ecosystem - potentially expanding the user base. Therefore, not only does Tyyp enable tipping within the Cardano system, but it also encourages non-native users to explore system –showing off Cardano's robustness, flexibility, and low transaction fees. 

Engagement and Impact

Starting with Twitter and Reddit, Tyyp will evolve to engage content creators and their audiences across multiple social media platforms. By sending their favorite creators' preferred Cardano native assets, supporters will enjoy a more interactive relationship with creators – empowering them to contribute to creators' success in tangible ways. This boosted interactivity benefits creators, increasing their engagement and direct financial support. Tyyp's impact will be measured through the volume of transactions processed, the number of users adopting the extension, and the qualitative feedback from both creators and supporters.

Unique Features and Benefits

Tyyp's dual-layer approach to handling transactions is unique. While primarily decentralized, Tyyp also offers a centralized system for users who treat cryptocurrency more like traditional funds—receiving donations without actively engaging with the crypto aspects. This system will operate under a DAO structure, where transaction fees generate revenue for DAO token holders. Additionally, the Cardano native assets stored in this centralized framework will be staked to generate passive income, creating a sustainable treasury that could support a buyback mechanism for the DAO tokens. This dual approach not only enhances the flexibility and appeal of Tyyp but also aligns with Cardano's principles of creating more decentralized financial ecosystems.

Significance to Cardano 

Implementing Tyyp on the Cardano network underscores our commitment to promoting blockchain technology as a tool for social change. By facilitating practical applications of Cardano's native assets in everyday transactions, Tyyp will drive broader adoption of the Cardano platform, demonstrating its scalability and versatility. The project also aligns with Cardano's vision of enabling innovators and visionaries by providing them with the tools to make a difference in the world. This integration not only benefits individual users and creators but also strengthens the entire Cardano ecosystem.

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

Positive Impact on the Cardano Community

Tyyp will significantly enhance the Cardano ecosystem by promoting the use of Cardano's native assets in everyday social interactions, thereby increasing the utility and visibility of Cardano. By enabling direct tipping with Cardano native assets, Tyyp will foster a culture of direct support and financial empowerment within the digital content space. This directly aligns with Cardano's mission to provide more accessible and equitable financial services globally. 

Measuring Impact

The impact of Tyyp will be measured through both quantitative and qualitative metrics:

• Quantitative Metrics: 
• Adoption Rates: Tracking the number of users downloading and actively using the Tyyp browser extension. 
• Transaction Volume: Monitoring the total value and number of transactions conducted through Tyyp, reflecting increased usage of Cardano assets. 

• Qualitative Metrics: 
• User Feedback: Regular surveys and feedback forms will be collected from users to gauge satisfaction and gather suggestions for improvements. 
• Creator Testimonials: Gathering testimonials from content creators who have benefited from financial contributions through Tyyp. 

Sharing Outputs and Opportunities

The success and outcomes of Tyyp will be openly shared with the community to ensure transparency and to foster collaboration: 

• Development Milestones and Codebases: All source code will be made available on GitHub, allowing other developers to contribute, fork, or adapt the project for further innovation. 

• Community Engagement: Regular updates will be shared via Cardano forums, Reddit, and other social media platforms. We will also engage with the community through AMAs (Ask Me Anything sessions), webinars, and participation in blockchain conferences. 

• Educational Content: Creation of tutorials, guides, and blog posts explaining how to use Tyyp, the benefits of decentralized finance, and the specific advantages of using Cardano native assets. 

• Stakeholder Reports: Detailed reports and analytics on usage and financial impacts will be prepared and shared with stakeholders, including token holders and the wider Cardano community. 

Long-Term Contributions

By continuously engaging with the community and adjusting to feedback, Tyyp aims to be a sustainable and evolving project that not only supports Cardano's growth but also solidifies its role in the future of decentralized social media interactions. 

[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?

With over 15 years of experience in full-stack development across diverse platforms such as cloud, gaming, mobile, and server environments, I am well-equipped to lead this initiative. As the founder of SAIB Inc., a company focused on blockchain technologies, I have had the privilege of spearheading multiple groundbreaking projects on the Cardano platform. My collaboration with leading entities such as TxPipe, dcSpark, Crashr, Coinecta, Levvy, and the Cardano Foundation underscores my deep involvement and expertise within the Cardano ecosystem. 

In addition to my leadership role, I bring hands-on experience as the operator of the ADAPH stake pool, and I have contributed to the development of open-source Cardano tools—further advancing the platform's functionality and accessibility. Our team's successful funding in Project Catalyst's Fund 12 demonstrates our ability to undertake projects with transparency and accountability. This ongoing work further reinforces my commitment to driving innovation within the Cardano ecosystem. For more details, you can learn about our project here: https://github.com/SAIB-Inc/Argus 

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

Prototype Development

Objective: Develop a functional prototype of the Tyyp browser extension and backend system that enables direct tipping of Cardano native assets via Twitter. This prototype will focus on integrating with Twitter's interactive components, such as posts and comments. 

Acceptance Criteria: Successful demonstration of the prototype allowing transactions between Twitter users within a controlled test environment.

Design and Branding 

Objective: Design and create comprehensive visual assets, including UI/UX layouts for the browser extension, branding elements like logos, website designs for product promotion, and essential marketing materials. The design will reflect the integration with Twitter to ensure a cohesive user experience. 

Acceptance Criteria: Completion of all visual assets in alignment with the established branding guidelines and user experience objectives, specifically tailored to the Twitter platform.

Implementation and User Experience Optimization

Objective: Integrate the visual designs into the Tyyp product for Twitter, ensuring a seamless and intuitive user interface that provides an excellent user experience on this specific platform. 

Acceptance Criteria: A fully integrated system where designs are flawlessly implemented on Twitter, tested for user interaction, and optimized for ease of use and functionality on the social media platform. 

Final Reporting and Demonstration

Objective: Produce a comprehensive closing report and a detailed demonstration video that showcases the functionality and features of the Tyyp product, specifically how it operates on Twitter. 

Acceptance Criteria: A detailed report documenting the development process, challenges encountered, solutions implemented, and a demonstration video that effectively communicates the product’s value and operation on Twitter to stakeholders and potential users. 

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

Team Lead:  

• Clark Alesna - https://www.linkedin.com/in/clarkalesna/ 

Backend Engineer:  

• Christian Benedict Gantuangco - https://www.linkedin.com/in/christan-gantuangco/ 
• Reza Jhay Lacanlale - https://www.linkedin.com/in/reza-jhay-lacanlale-6b8b62107/ 
• John Quinnvic Taboada - https://www.linkedin.com/in/john-quinnvic-taboada-8801b9275/ 
• Wendell Mor Tamayo - https://www.linkedin.com/in/wendell-mor-tamayo-41388b298/ 
• Rico Miles Quiblat - https://www.linkedin.com/in/rico-miles-quiblat-34a6b7298/
• Jonh Alexis Buot - https://www.linkedin.com/in/laplace-xd/

Frontend Engineer:  

• Stan Kiefer Gallego - https://www.linkedin.com/in/kiefer-gallego/ 
• Kathea Mari Mayol - https://www.linkedin.com/in/kathea-mayol/ 
• Caitlin Mariel Lindsay - https://www.linkedin.com/in/caitlin-mariel-lindsay-7341a3323/
• Ivanne Bayer - https://www.linkedin.com/in/ivanne-bayer-a23b30302/

Marketing and Quality:  

• Melissa Naomi Legara - https://www.linkedin.com/in/misai-legara/ 
• Bern Villacura 

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

The project's cost breakdown ensures value for the Cardano ecosystem by focusing on key areas:

60,000 ADA for developers' salary: To cover the cost of building and maintaining the platform. 

40,000 ADA for Design and Marketing: To create a user-friendly interface and effectively promote the project. 

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

The budget for the Tyyp project is structured around reasonable and expected salary rates for developers and staff in the respective countries where they are based. These rates are aligned with the average compensation for professionals with similar qualifications and experience in the software and blockchain development sectors, ensuring that the project is staffed by individuals capable of delivering high-quality results. 

Cost Justification:

Development Costs: We have determined our rates by referencing the standard compensation for similar roles in the industry and region. This ensures that we remain competitive enough to attract skilled talent while adhering to budgetary constraints that reflect value for money within the ecosystem. 

Proposed Timeline: The timeline for completing the Tyyp project is based on our comprehensive understanding of the scope and complexity involved in developing a browser extension integrated with Cardano's blockchain. Our estimate represents a sincere projection of the time required to deliver a polished and fully functional product, ensuring all features are rigorously tested and user-ready.