AdaClickPay - Seamless ADA Payouts for Digital Earnings and E-commerce

[GENERAL] Name and surname of main applicant

Morakinyo Ibukunoluwa Dada

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

Entity (Not Incorporated)

[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)

Develop AdaClickPay, a user-friendly, scalable 1-click payment gateway integrating ADA with digital earning platforms (Fiverr, Upwork, etc.) and e-commerce sites, enabling seamless ADA transactions.

[GENERAL] Does your project have any dependencies on other organizations, technical or otherwise?

Yes

[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.”

Technical Dependencies:

1. Cardano blockchain infrastructure: Our project relies on the stability and scalability of the Cardano blockchain
2. Third-party software: We will utilize open-source libraries and frameworks (React.js, Node.js, MongoDB) with necessary licenses and permission
3. Cloud infrastructure: We will use cloud services (Vercel) for hosting and scalability

Prerequisites:

1. Cardano Fund 13 approval and funding

Mitigation Strategies:

To minimize potential delays, we will:

1. Continuously monitor and adapt to changes in the Cardano blockchain infrastructure
2. Implement robust testing and quality assurance

[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

Because of security purpose, the platform will have confidential data related to user privacy, transactions carried out and KYC & AML, so the code will not be shared.

[METADATA] Horizons

Payments

[SOLUTION] Please describe your proposed solution

Problem Perception:

We recognize the limited adoption and usage of Cardano's ADA currency for digital earnings and e-commerce transactions, hindering its potential as a decentralized payment solution.

Approach:

AdaClickPay addresses this issue by developing a user-friendly, scalable 1-click checkout API, integrating ADA payouts with digital earning platforms and e-commerce sites. Our solution streamlines ADA transactions, enhancing the Cardano ecosystem's utility.

Key Components:

1. 1-Click Checkout API: Seamless ADA payment processin
2. Digital Earning Platform API: Integration with 50+ platforms for ADA payout
3. Cardano Blockchain Integration: Ensuring secure, decentralized transaction

Target Audience:

1. Digital earners (freelancers, content creators
2. E-commerce merchant
3. Cardano community member

Impact Demonstration:

1. Track ADA transaction volume
2. Monitor platform integration
3. Conduct user survey
4. Analyze ADA adoption rat

Unique Value Proposition:

AdaClickPay offers:

1. Streamlined ADA payout
2. Enhanced user experience
3. Increased Cardano ecosystem utilite

Benefits:

1. Simplified ADA transaction
2. Increased ADA adoption
3. Growing Cardano community engagement

Importance to Cardano:

AdaClickPay contributes to Cardano's growth by:

1. Expanding ADA's use case
2. Enhancing ecosystem utilite
3. Fostering community engagement

Competitive Advantage:

AdaClickPay's 1-click checkout API and digital earning platform integration differentiate it from existing solutions, positioning it as a leading ADA payment gateway.

By addressing the limited ADA adoption, AdaClickPay drives growth, utility, and engagement within the Cardano ecosystem.

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

AdaClickPay's success will bring significant value to the Cardano community as:

Value Creation:

1. Increased ADA adoption: Expanding ADA's use cases in digital earnings and e-commerce
2. Enhanced ecosystem utility: Streamlining ADA transactions and payout
3. Growing community engagement: Encouraging participation and usage of AD
4. Improved user experience: Simplifying ADA payments and payout

Impact Measurement:

Quantitative Metrics:

1. ADA transaction volume increase
2. Number of platform integration
3. User adoption rat
4. Transaction speed and efficiency

Qualitative Metrics:

1. User satisfaction survey
2. Community feedback and engagement
3. Partner platform feedback

Output Sharing:

1. Regular project updates on social media and forum
2. Bi-monthly progress reports to Cardano Fund 13
3. Collaborations with Cardano community group
4. Open-source code repository for transparency

Stakeholder Engagement:

1. Cardano Fund 13
2. Cardano community groups (e.g., Cardano Forum, Reddit
3. Partner platforms (digital earning and e-commerce
4. Industry experts and thought leader

Impact Indicators:

1. 25% increase in ADA adoption within 1.5 year
2. 50+ platform integrations within 1 yea
3. 90% user satisfaction rate
4. 50% reduction in transaction processing time

Long-term Sustainability:

1. Establishing strategic partnership
2. Continuously updating and improving AdaClickPay
3. Exploring new use cases and application

By delivering AdaClickPay, we contribute to the growth and development of the Cardano ecosystem, enhancing its value proposition and fostering a stronger, more engaged 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 is well-equipped to deliver AdaClickPay with high levels of trust and accountability, leveraging:

Existing Capabilities:

1. We have Proven experience in payment gateway development and digital product design (Cozzipay Payment Gateway and Classflcks.com)
2. Strong understanding of Cardano blockchain and ADA ecosystem
3. Agile development methodologies expertise
4. Established network of industry partners and expert

Team Members:

1. Business Strategist and Product Designer (me): 5+ years of experienc
2. Frontend Developer: 5+ years of experience in React.js and UI/U
3. Backend Developer: 5+ years of experience in Node.js and blockchain integration
4. Sales Marketing Specialist: 10+ years of experience in digital marketing

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

Milestone 1: Research and Planning

A. Milestone Outputs:

1. Market research report on digital earning platforms and e-commerce checkout solution
2. Defined project scope, timeline, and budge
3. Technical requirements document for API integration

B. Acceptance Criteria:

1. Comprehensive market research report
2. Clear project scope and timeline
3. Well-defined technical requirement

C. Evidence of Milestone Completion:

1. Market research report document
2. Project scope and timeline document
3. Technical requirements document

Milestone 2: API Development

A. Milestone Outputs:

1. Developed 1-click checkout AP
2. Implemented ADA payment processing
3. Integrated with Cardano blockchain

B. Acceptance Criteria:

1. Functional 1-click checkout AP
2. Successful ADA payment processing
3. Secure blockchain integration

C. Evidence of Milestone Completion:

1. API code repository
2. Testing report
3. Blockchain integration documentation

Milestone 3: Digital Earning Platform Integration

A. Milestone Outputs:

1. Integrated digital earning platform AP
2. Implemented ADA payout functionalit
3. Tested platform integration

B. Acceptance Criteria:

1. Successful platform integration
2. Functional ADA payout functionalit
3. Comprehensive testin

C. Evidence of Milestone Completion:

1. Integration code repository
2. Testing report
3. Platform partnership agreement

Milestone 4: Testing and Quality Assurance

A. Milestone Outputs:

1. Conducted unit testing, integration testing, and system testing
2. Performed security audits and penetration testing
3. Ensured regulatory compliance

B. Acceptance Criteria:

1. Successful testing
2. Secure and compliant system
3. Regulatory compliance

C. Evidence of Milestone Completion:

1. Testing report
2. Security audit report
3. Compliance documentation

Milestone 5: Launch and Marketing

A. Milestone Outputs:

1. Launched AdaClickPay
2. Developed marketing strategy and promotional material
3. Executed social media, Google ads, and influencer marketing campaign

B. Acceptance Criteria:

1. Successful launch
2. Effective marketing strategy
3. Measurable campaign result

C. Evidence of Milestone Completion:

1. Launch announcement
2. Marketing material
3. Campaign analytics report
4. 
   

Customer Onboarding:

Onboarding of platforms to integrate our Product for Payout or checkout

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

Morakinyo Ibukunoluwa Dada

Linkedin Profile: https://www.linkedin.com/in/iamibukunoluwa/

I'm a Business strategist and a Product designer, with versatile experience in developing viable business models and market win products.

I also have web programing skill in Php, Html and Boostrap Css/js

I have other skills in graphic design, electronics engineering, Building Electric inverter and solar installation

David Aleshinloye

An integrated business solution strategist and management consultant. The lead consultant at Startup Consulting Limited (a business solution company) and the Chief Creative Officer at XPERIENTIA Concepts (an experience design and execution company), Founder of Uncover (a self and enterprise development program).

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

Total Budget: 100,000 ADA

Development (50,000 ADA)

• UIUX Design: 10,000 ADA
• Frontend development: 15,000 ADA
• Backend development: 20,000 ADA
• Testing, debugging and Pentesting (Vulnerability test): 5,000 ADA

Marketing and Promotion (30,000 ADA)

• Marketing strategy development: 5,000 ADA
• Social media advertising: 10,000 ADA
• Influencer marketing: 5,000 ADA
• Community engagement and promotion: 10,000 ADA

Operational Costs (20,000 ADA)

• Project management: 5,000 ADA
• Cloud hosting (VARCEL) and Domain name registration : 5,000 ADA
• Security audit tools and other miscellaneous expenses: 10,000 ADA

This breakdown allocates 50% of the budget to development, 30% to marketing and promotion, and 20% to operational costs.

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

he cost of AdaClickPay, 100,000 ADA, represents value for money for the Cardano ecosystem due to its potential to:

1. Increase ADA adoption and usage
2. Enhance ecosystem utility
3. Drive community growth

Cost Justification:

Our costs are based on:

1. Industry-standard freelance rates (Upwork, Freelancer
2. Average wages in the developer's country (USA, EU
3. Market research on similar project

Breakdown:

Development (50,000 ADA):

• Average freelance rate for blockchain developers: $50-$100/hour.
• Estimated project hours: 1,000 hours.
• Total development cost: $50,000-$100,000 (approx. 50,000 ADA).

Marketing and Promotion (30,000 ADA):

• Average social media advertising cost: $500-$1,000/month.
• Influencer marketing rates: $1,000-$5,000/post.
• Total marketing cost: $15,000-$30,000 (approx. 30,000 ADA).

Operational Costs (20,000 ADA):

• Project management: $2,000-$5,000/month.
• Cloud hosting (AWS): $500-$1,000/month.
• Security audit tools: $1,000-$2,000/year.

Value Added:

AdaClickPay's benefits outweigh the costs:

1. Increased ADA adoption: Potential revenue growth for Cardan
2. Enhanced ecosystem utility: Improved user experience
3. Community growth: Increased engagement and participation

Return on Investment (ROI):

We estimate a significant ROI through:

1. Increased transaction volume
2. Improved ecosystem utility
3. Growing community engagement

Comparison to Similar Projects:

AdaClickPay's costs are comparable to or lower than similar projects in the blockchain space.

By delivering AdaClickPay, we provide value to the Cardano ecosystem, justifying the project costs.

Supporting Evidence:

• Freelance rates: Upwork, Freelancer
• Average wages: Glassdoor, Payscale
• Market research: Similar project proposals, industry reports