[GENERAL] Name and surname of main applicant
Sisay Girma
[GENERAL] Are you delivering this project as an individual or as an entity (whether formally incorporated or not)
Individual
[GENERAL] Co-proposers and additional applicants
The Rest of the Ecosystem Developers.
[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)
We propose an AI Based platform offering real-time analytics for Cardano staking, governance, and dApps, empowering users with data-driven insights to enhance decision-making and ecosystem engagement.
[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
The platform and all associated resources will be made fully open source, allowing for easy access and collaboration within the Cardano community.
[METADATA] Horizons
Business Services
[SOLUTION] Please describe your proposed solution
The Cardano ecosystem is vast and rapidly growing, with multiple stakeholders across dApp development, staking, governance, and general users. However, despite this growth, there is no unified platform that aggregates and presents ecosystem data in a way that’s easily digestible for different user groups. Data is fragmented, making it difficult to assess the state of the network, track specific metrics, or make strategic decisions based on current trends.
This project proposes building an AI-powered, real-time ecosystem dashboard that aggregates and analyzes data from the Cardano network. The platform will be designed with different user groups in mind, offering tailored insights to developers, investors, and general ecosystem participants.
Key Features:
1. Real-Time Data Aggregation and Display:
- The dashboard will gather data from various parts of the Cardano network including staking pools, governance processes, dApp activity, transaction metrics, and network performance.
- Visualization: Graphs, heatmaps, and charts will display network trends in an intuitive way, showing real-time data such as transaction volumes, staking pool activity, governance proposals, and active dApps.
- Example: A developer can track how many smart contracts were executed in the last 24 hours, or an investor can monitor staking pool performance in real-time.
2. AI-Driven Predictive Analytics:
- Using AI and machine learning models, the dashboard will not only provide historical data but also offer predictive insights.
- Forecasting Models: Predict trends in network usage, staking participation, and dApp adoption based on historical data and AI models.
- Example: Investors can receive insights on projected ADA staking rewards or governance participation trends.
3. Customizable User Dashboards:
- Personalization: Users can customize their dashboard views based on their specific interests. For example, developers might prioritize dApp activity and smart contract execution, while investors may prefer staking rewards and transaction volumes.
- Alerts & Notifications: Users can set up alerts for key events such as a new governance proposal, significant changes in network fees, or a high-impact dApp launch.
4. Governance and Voting Analytics:
- Provide a clear breakdown of current governance proposals, vote counts, and discussions happening within the Cardano ecosystem.
- Example: Users will be able to see how proposals are performing, the amount of ADA stacked behind each proposal, and forecast the outcome using AI-based models.
5. Staking & Delegation Insights:
- In-depth data about staking pool performance, delegation trends, and expected returns.
- Delegation Leaderboards: Users can view which pools are gaining the most delegations and why (e.g., low fees, high uptime, reputation).
- Example: Stake pool operators can use the dashboard to monitor their pools’ competitiveness, while delegators can compare pools based on real-time data.
6. dApp Activity Monitoring:
- Track the most active dApps on Cardano by transaction volume, user engagement, or smart contract execution.
- Example: Developers can track their dApp’s position on leaderboards and compare it to other apps on the network.
7. API Access for Developers:
- Developers will be able to access the aggregated data via an API, enabling them to integrate Cardano analytics into their own applications.
- Example: A developer building a portfolio management app for Cardano users can pull staking rewards data via the dashboard’s API.
8. User Experience
- The platform will be entirely web-based, accessible from any device, and does not require advanced technical knowledge to use.
- An intuitive dashboard interface allows users to get a quick snapshot of their staking pools, governance status, and dApp interactions.
[IMPACT] Please define the positive impact your project will have on the wider Cardano community
This platform will significantly improve user engagement, transparency, and decision-making in the Cardano ecosystem by bringing critical information under one roof, making it easier to participate in governance, optimize staking, and track dApp performance.
Key Impacts:
1. Enhanced User Engagement:
- More ADA holders will actively participate in staking and governance because they’ll have access to clear, concise information about network performance and governance proposals.
2. Increased Staking Efficiency:
- Users will maximize their staking rewards by receiving actionable recommendations about pool performance, directly supporting Cardano’s decentralization.
3. Real-Time Governance Awareness:
- Community members will stay informed and vote on Project Catalyst proposals with clear, AI-summarized context, helping strengthen Cardano's governance model.
4. Stronger dApp Ecosystem:
- Developers will have more visibility into the performance of their dApps, and users will have clearer insights into where and how to use them, accelerating the growth of the dApp ecosystem.
5. AI based Platform:
- The AI-driven insights will attract developers, investors, and businesses looking for actionable data, while the customizable dashboard will encourage deeper engagement with the ecosystem.
Potential Risks
- Data Accuracy: There’s a potential risk of integrating inaccurate or incomplete data from different sources. To mitigate this, we will partner with reliable Cardano data providers and perform regular audits of our data streams.
- User Adoption: Initially, some users might hesitate to transition to a new platform. Our mitigation strategy will include extensive user onboarding, tutorials, and community marketing campaigns.
To incorporate metrics for performance and impact, we will focus on quantitative and qualitative measures that reflect the platform's utility and effectiveness in improving decision-making within the Cardano ecosystem.
Performance and Impact Metrics:
1. User Engagement Metrics:
- Active Users: Measure the number of daily and monthly active users on the platform to gauge adoption.
- Time on Platform: Track average session duration to evaluate how effectively users are engaging with the platform's data and analytics.
- Feature Usage Rates: Analyze which features (staking insights, governance data, dApp monitoring) are used the most to fine-tune future development.
2. Community Growth:
- Staking Participation Increase: Measure the percentage increase in Cardano staking participation after the platform launch, showcasing its effectiveness in educating and motivating users.
- Voting Participation in Governance: Compare voting activity rates in Catalyst or Cardano Improvement Proposals before and after the platform launch to determine if users are more engaged in governance decisions.
- dApp Developer Feedback & Interaction: Track dApp developers who integrate or interact with the platform for performance analytics, which can foster growth in the dApp ecosystem.
3. Transaction Volume Related to Staking and dApps:
- Track and compare the transaction volumes for staking and dApps in the Cardano ecosystem before and after the launch, to assess the platform’s role in boosting decentralized finance activities.
4. Platform Performance:
- API Response Time: Track the average response time of the API for real-time analytics.
- Uptime and Availability: Monitor server uptime and availability metrics to ensure the platform operates smoothly for global users.
5. User Satisfaction & Feedback:
- Net Promoter Score (NPS): Regularly survey users to calculate the NPS and track user satisfaction and likelihood of recommending the platform.
- Feedback Implementation Rate: Measure how many user suggestions and feedback points are incorporated into new releases.
6. Educational Impact:
- Content Consumption Metrics: Track how many educational materials (guides, blogs, videos) users consume through the platform.
- Knowledge Retention: Use surveys or quizzes to assess users' knowledge of Cardano's ecosystem before and after platform usage, reflecting the platform's educational value.
Promotion and Marketing Strategies:
- Social Media Campaigns: Utilize platforms like Twitter, LinkedIn, and Reddit to create engaging content about the upgraded platform. Regular posts highlighting key features, user testimonials, and educational resources can help generate interest and attract new users.
- Community Engagement: Host AMA (Ask Me Anything) sessions, webinars, and live Q&A sessions to interact with the Cardano community directly. This fosters a sense of transparency and builds trust while providing an opportunity to showcase the platform's value proposition.
- Email Marketing: Build an email list of subscribers interested in Cardano development and education. Send out regular newsletters with updates, tips, and resources related to the platform. Personalized email campaigns can nurture leads and drive engagement.
- Partnerships and Collaborations: Forge partnerships with educational institutions, blockchain organizations, and developer communities to promote the platform to their respective audiences. Co-hosting events, workshops, or joint marketing initiatives can expand reach and credibility.
- Influencer Outreach: Identify influencers, thought leaders, and prominent figures within the Cardano community who can endorse the platform. Collaborate with them to create sponsored content, guest appearances, or endorsements that reach their followers.
[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 stems from our team's extensive experience in software development, education, and community engagement. With a proven track record of delivering successful projects and initiatives within the blockchain space, we possess the expertise and dedication required to execute this proposal effectively.
Our team has achieved significant milestones in the realm of educational mobile applications, boasting over 100,000 downloads and maintaining an active user base exceeding 60,000. You can explore our flagship app here: link.
Our team is proud to be partnered with MLOps Community, a global organization at the forefront of machine learning, DevOps, and cutting-edge technology. As hosts and organizers of the Addis Ababa chapter, we facilitate Meetups , YouTube videos, newsletters, podcasts, and more, providing a platform for knowledge sharing and networking. With branches in various countries and partnerships with industry leaders like AWS, NVIDIA, Databricks and more, we have demonstrated our capacity to deliver successful events and initiatives, showcasing our commitment to innovation and community engagement.
Delivery Assurance:
Proven Track Record: High Successfully developed and managed diverse applications, showcasing adaptability and proficiency in meeting user needs.
Experience in website and education: Previous projects in the education technology sector demonstrate a nuanced and high understanding of creating effective and engaging learning platforms.
Team Management: Past roles involved managing developers and products, highlighting leadership skills essential for project coordination.
Our Community Include
Also we are an Official Partner With Microsoft Startup Founder Hub, We receive more than 45 AI related microsoft products with a mix of technical benefits and business resources.
We’re trusted by Microsoft!
Feasibility Validation:
- Prior Success Metrics: Utilize past project success metrics, such as user adoption rates and positive feedback, as benchmarks for this project.
- Pilot Programs: Implement small-scale pilot programs to validate the effectiveness of the educational content, user engagement strategies, and support systems.
Capability Showcase:
- Technical Proficiency: Proven ability to develop user-friendly applications with a focus on accessibility and inclusivity.
- Commitment to Education: Willingness to contribute personal time for project development, emphasizing dedication to the educational goals of these projects.
- Transparent Budgeting: Clearly outline budget allocations for development, content creation, and community engagement to foster trust.
- Regular Reporting: Provide regular, transparent financial reports to the community, showcasing how funds are utilized and the progress achieved.
- Community Oversight: Engage with the Cardano community for feedback, suggestions, and oversight, ensuring a collaborative and accountable approach.
By leveraging past successes, committing personal time, and emphasizing transparency, thers project aims to instill trust and accountability in delivering a valuable educational resource for the Cardano community. This positions us as a reliable and accountable entity capable of delivering this project with a high level of trust.
[PROJECT MILESTONES] What are the key milestones you need to achieve in order to complete your project successfully?
Data Aggregation and API Integrations (Month 1-2)
Overview:
- Develop backend infrastructure to collect real-time data from Cardano staking pools, decentralized applications (dApps), and governance platforms.
- Integrate APIs for data feeds that track transaction volumes, smart contracts, staking rewards, and governance metrics.
- Build secure, scalable connections to Cardano’s blockchain to ensure accurate, up-to-date insights.
Key Activities:
- Backend development using Cardano Node and APIs to access staking pool metrics and smart contract interactions.
- API integrations with governance platforms like Project Catalyst and other Cardano-related data sources.
- Implement data aggregation for key metrics: staking rewards, dApp activity, transaction volumes, and governance participation.
Acceptance Criteria:
- Functional API connections to Cardano staking pools, dApps, and governance platforms.
- Real-time data feeds displaying staking, governance, and transaction data without delays or inconsistencies.
- Documentation of API endpoints and how external systems can connect to and retrieve data.
Deliverable:
- API framework and data aggregation system.
Frontend Development & Dashboard MVP (Month 3-4)
Overview:
- Design and develop a user-friendly dashboard that provides real-time insights into Cardano’s staking, governance, and dApp ecosystem.
- Tailor data visualizations and widgets based on user roles (e.g., developers, investors, and general participants).
- Build customizable dashboards for users to track and analyze specific metrics of interest.
Key Activities:
- Frontend development using frameworks like React or Vue.js for a responsive UI.
- Integration of data visualizations using libraries like D3.js or Chart.js for real-time charts, graphs, and trends.
- UX/UI design focusing on simplicity, user accessibility, and customization options for dashboard widgets.
- Backend and frontend synchronization to ensure smooth data flow from the Rest APIs to the visual interface.
Acceptance Criteria:
- A functional MVP of the dashboard, accessible via a web interface.
- Customizable widgets for different user roles (developer, investor, general participant).
- Responsive design for web browsers, with performance optimization.
Deliverable:
- MVP version of the dashboard with live data visualizations.
Blockchain & AI-Powered Analytics Integration (Month 5)
Overview:
- Implement AI and machine learning models to offer predictive analytics for Cardano ecosystem trends, such as staking rewards, governance voting outcomes, and dApp growth.
- Use smart contracts if necessary to automate key platform functionalities, such as custom alerts based on blockchain activity or governance events.
Key Activities:
- Develop and integrate machine learning models for trend forecasting (e.g., reward predictions, governance turnout).
- Set up blockchain-based smart contracts for automating alerts, transactions, or notifications based on network activity.
- Blockchain and AI team collaboration to integrate smart contracts and machine learning into the overall system.
Acceptance Criteria:
- AI-powered predictions integrated into the dashboard, providing real-time forecasts for users.
- Successful deployment of at least one smart contract for automating alerts or notifications if necessary.
- Testing of AI algorithms for accuracy and reliability.
Deliverable:
- AI-powered analytics section within the dashboard.
- Deployed smart contracts for automated notifications or transactions based on the necessary requirements.
User Testing, Feedback, & Community Engagement (Month 6)
Overview:
- Conduct user testing with different community segments, including developers, investors, and casual Cardano users.
- Gather feedback on platform performance, usability, and value, and make improvements based on the feedback.
Key Activities:
- Organize user testing sessions and collect data on user experience.
- Implement a community engagement campaign to raise awareness and invite feedback.
- UX/UI refinements based on user suggestions and analytics data.
- Address potential bugs or performance issues identified during testing.
Acceptance Criteria:
- Positive feedback from initial user testing (targeting a 90% satisfaction rate).
- Refinements made to improve user experience and overall functionality based on user input.
- Community engagement metrics showing active participation (e.g., feedback surveys, forum discussions, or webinars).
Deliverable:
- Final version of the dashboard with user-driven improvements.
- Report on community engagement and testing outcomes.
Final Deliverables and Reporting:
- Final Dashboard: A fully functional platform with real-time data feeds, predictive AI models, and blockchain smart contracts.
- Documentation: Comprehensive technical documentation covering the backend, API integrations, smart contracts, and AI model implementation.
- User Feedback Report: Detailed report on feedback collected during testing and changes made to the platform based on this feedback.
[RESOURCES] Who is in the project team and what are their roles?
Sisay Girma(BSs/MSs): 6+ Year Project Manager | Technical Lead | Blockchain Strategist
- Role: Oversees the project's execution, manages resources, and ensures timely delivery.
- Cardano Blockchain Certified Associate (CBCA) -Sisay Certificate Number 53524
Roza Kassa - Fullstack developer | Node.js | React | svelte | Next.js | sveltekit | Postgres | Typescript | Docker |
- Linkedin : Roza’s_linkedin
- Github: Roza’s Github
- Role: Responsible for web development, focusing on Web-development, UI/UX design and implementation. Dawit brings expertise in creating an intuitive and engaging user interface.
Girum Timerga - Blockchain Developer | Backend Developer | AWS certified
Ishak Sebsibe - API Developer | Backend Developer
Hilena Abel - Human Resource and Digital Marketing Specialist
- Our team experienced professional adept at content creation, copywriting, and promotion. Hilena will manage HR tasks while leveraging digital marketing strategies to enhance project visibility and engagement.
- Linkedin - Hilena’s Linkedin
Partners and Groups with existing educational and experienced experts
Team Engagement: All listed team members have been engaged and have confirmed their roles and commitment to the project timelines.
This community are in short
Community Hub: Our Telegram channel serves as a vibrant hub for locals interested in blockchain technology. It's a place where enthusiasts, developers, and learners come together to share knowledge, ask questions, and explore the vast potential of blockchain.
Learning Opportunities: people Join us to access educational resources, discussions, and insights into blockchain technology. Whether they are a beginner or an expert, there's always something new to discover and learn in our community.
Networking Platform: Connect with like-minded individuals, experts, and professionals in the blockchain space. Forge valuable partnerships, collaborate on projects, and stay updated on the latest developments and opportunities in the local blockchain ecosystem.
Community Engagement: Engage in lively discussions, community meetups, and awareness campaigns aimed at promoting blockchain adoption and innovation in the local state. Be part of a movement that's shaping the future of technology and entrepreneurship in our country.
Partnership Opportunities: Explore partnership opportunities with blockchain technology companies, startups, and organizations. Together, we can drive meaningful impact and create innovative solutions that benefit our community and beyond.
Note: Our teams are partnered with Binance Africa and started the Process of partnering with Polkadot., Singularitynet And more
[BUDGET & COSTS] Please provide a cost breakdown of the proposed work and resources
The total budget requested for this project is 80,000 ADA (approximately $28,000 USD, reflecting the request for 80,000 ADA (1 ADA = $0.35 USD),
which covers all stages of development, testing, and launch of the platform. The following is a detailed breakdown of costs, designed to reflect real-world expenses and provide transparency to ensure that the funds are used efficiently.
1. Development Costs (43,000 ADA / $15,050 USD)
- Backend Development: (15,000 ADA / $5,250 USD)
- This includes designing and implementing APIs for data aggregation, building the blockchain connection for real-time data, and managing user roles and permissions.
- Tools/Technologies: Python, Cardano API, PostgreSQL, Docker.
- Deliverables: Fully functional backend that integrates data from Cardano staking pools, dApps, and governance platforms.
- Frontend Development: (10,000 ADA / $3,500 USD)
- Development of the user interface (UI) for the dashboard, ensuring responsiveness and an intuitive user experience.
- Tools/Technologies: React.js, TypeScript, CSS, GraphQL.
- Deliverables: User-friendly, customizable dashboard with live data visualization for various user roles.
- Blockchain Integration & Smart Contracts: (9,000 ADA / $3,150 USD)
- Integration of Cardano blockchain for transparent on-chain data, ensuring seamless real-time transactions and staking metrics.
- Tools/Technologies: Plutus, Marlowe.
- Deliverables: End-to-end connection between Cardano’s blockchain and the platform.
- AI & Predictive Analytics Development: (9,000 ADA / $3,150 USD)
- Implementation of machine learning models to analyze data trends, predict staking rewards, and governance outcomes.
- Tools/Technologies: Python (ML frameworks), TensorFlow, Keras, Pandas.
- Deliverables: AI-powered forecasting and recommendation system integrated into the dashboard.
2. UX/UI Design (7,000 ADA / $2,450 USD)
Designing an intuitive, user-friendly interface tailored to multiple user roles (developers, investors, general participants), ensuring ease of navigation and customizable dashboards.
- Tools/Technologies: Figma, Adobe XD.
- Deliverables: Wireframes, prototypes, and final UI design, tested with end users.
3. Testing & Security Audits (9,500 ADA / $3,325 USD)
- Unit, Integration, and End-to-End Testing: (5,500 ADA / $1,925 USD)
- Comprehensive testing across the backend, frontend, and AI modules to ensure performance, functionality, and seamless user experience.
- Tools/Technologies: Selenium, PyTest, JMeter.
- Deliverables: Fully tested platform with bug-free performance across all user roles.
- Smart Contract Security Audit: (4,000 ADA / $1,400 USD)
- Auditing the smart contracts for vulnerabilities, ensuring secure transactions and accurate data on-chain.
- Deliverables: Detailed audit reports and a secured system for handling on-chain data.
4. Hosting and Infrastructure (5,500 ADA / $1,825 USD)
- Cloud Hosting Services: (3,000 ADA / $1,050 USD)
- For hosting the platform, ensuring scalability and uptime during peak usage.
- Providers: AWS, Google Cloud, or Azure.
- Deliverables: Fully hosted and scalable infrastructure for the platform.
- CDN & Data Feeds: (2,500 ADA / $875 USD)
- For integrating real-time data feeds and using Content Delivery Networks to enhance global performance.
- Deliverables: Real-time data updates and fast load times for all users.
5. Marketing & Community Engagement (6,000 ADA / $2,100 USD)
- Marketing Campaigns: (3,500 ADA / $1,225 USD)
- Online marketing campaigns targeting early adopters, blockchain developers, and key stakeholders in Cardano’s ecosystem.
- Tools/Technologies: Social media ads, email marketing, influencer outreach.
- Deliverables: Outreach strategy and promotional materials to onboard initial users.
- Community Management & Engagement: (2,500 ADA / $875 USD)
- Managing and engaging with the community through forums, AMAs, and social channels to build awareness and attract users.
- Deliverables: Engaged community on platforms like Discord, Twitter, and Telegram.
6. Project Management & Reporting (4,000 ADA / $1,400 USD)
- Project Management: (3,000 ADA / $1,050 USD)
- Coordination of all development stages, ensuring milestones are met on time, within budget, and in accordance with project goals.
- Tools/Technologies: Jira, Trello, Slack.
- Deliverables: Weekly updates, milestone tracking, and team coordination.
- Reporting to Cardano Community: (1,000 ADA / $350 USD)
- Regular reports to the Cardano community, including progress updates, budget expenditures, and impact assessments.
- Deliverables: Quarterly progress reports and final project report.
7. Contingency Fund (5,000 ADA / $1,750 USD)
To account for unforeseen expenses, such as additional development needs, extra security measures, or further testing.
- Deliverables: Flexibility to handle unexpected challenges without derailing the project timeline or goals.
Total Budget: 80,000 ADA (Approx. $28,000 USD)
[VALUE FOR MONEY] How does the cost of the project represent value for money for the Cardano ecosystem?
This project delivers outstanding value for the Cardano ecosystem by creating a comprehensive platform that aggregates real-time data, predictive analytics, and customizable insights. These features will not only drive user engagement but also empower Cardano stakeholders—developers, investors, and enterprises—with actionable intelligence, ultimately fostering informed decision-making across the ecosystem.
The modest budget requested, in comparison to the scope of the project, reflects a high return on investment for the Cardano community. By leveraging existing blockchain technology, including smart contracts, and integrating machine learning for predictive models, the platform enhances Cardano's utility across multiple sectors. This aligns with Cardano’s goal of expanding decentralized finance (DeFi) and governance applications, making it accessible and valuable to a broad range of users.
Key elements that demonstrate this value include:
- Scalability: The platform is built to be scalable, offering solutions for multiple industries (DeFi, governance, and decentralized apps). Future enhancements can be made without significant additional investment, ensuring long-term utility.
- Cost Efficiency: Instead of creating standalone tools for each use case, the platform aggregates multiple essential services (analytics, data feeds, AI predictions) under one roof. This reduces duplication of effort and saves resources for the ecosystem.
- Revenue Opportunities: With a wide user base across developers, investors, and enterprises, the platform opens up potential revenue streams, such as premium features, staking services, or governance insights, benefiting the Cardano ecosystem as a whole.
- Future-Proofing: The inclusion of predictive analytics and AI-based insights positions Cardano as a forward-thinking blockchain, attracting not only current users but also future generations of decentralized application builders and innovators.
By focusing on long-term utility and scalability, this project exemplifies how a relatively modest investment can yield significant returns for the ecosystem, driving adoption, engagement, and economic growth for Cardano’s platform.