Blockchain-Powered E-commerce Platform

[GENERAL] Name and surname of main applicant

Cordeiro Vin

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

Individual

[GENERAL] Requested funds in ada

110000

[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)

Develop a blockchain-powered e-commerce platform where users can buy, sell, and trade goods securely, with low fees, leveraging Cardano's blockchain for transactions and customer data privacy.

[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

[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’s backend, including smart contracts for handling transactions, will be open-source. The community can extend, modify, and use the platform for various e-commerce purposes.

[METADATA] Horizons

E-commerce

[SOLUTION] Please describe your proposed solution

Our solution is to build an e-commerce platform that leverages Cardano blockchain for secure, low-cost transactions. The platform will feature decentralized user profiles, customer privacy, and fraud prevention. Smart contracts will handle payments and escrow services, ensuring trust between buyers and sellers.

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

This platform will showcase how Cardano can revolutionize e-commerce by providing low transaction fees and high security. It will attract e-commerce businesses, shoppers, and developers to the Cardano ecosystem. Success will be measured by user adoption, transaction volumes, and feedback from 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 consists of blockchain developers, e-commerce experts, and designers who have successfully delivered similar projects. We’ll use agile development practices and provide regular updates to the community to ensure transparency and trust.

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

Platform design and blockchain architecture planning (Month 1)

Development of smart contracts for e-commerce transactions (Month 3)

Platform front-end and user interface development (Month 5)

Testing and integration of payment gateways (Month 7)

Full platform launch with initial product listings and promotions (Month 8)

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

Cordeiro Vin (Project Lead, Blockchain Developer)

Sam R - E-commerce Specialist (Platform Strategy & Operations)

Chetiya Phanin - Frontend Developer (Web Design & UX)

Sravaz Niu - Backend Developer (E-commerce Platform Development)

Dhibor Chiran - UI/UX Designer (User Interface & Experience Design)

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

Smart Contract Development: ₳50,000

Frontend Development: ₳30,000

Backend Development: ₳20,000

UI/UX Design: ₳10,000

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

By developing a decentralized e-commerce platform, the project will demonstrate Cardano’s potential in revolutionizing online commerce. Lower transaction fees, improved security, and decentralized user profiles provide immense value to both businesses and consumers, driving further adoption of the Cardano blockchain.