HarvestHub | a decentralized marketplace on the cardano blockchain

[GENERAL] Name and surname of main applicant

Elvis Amankwah Boateng

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

Individual

[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)

It aims to create transparent and efficient agricultural trade platform within the Cardano ecosystem, connecting farmers directly with consumers, ensuring fair pricing, and verifying product quality.

[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

N/A

[METADATA] Horizons

Agriculture

[SOLUTION] Please describe your proposed solution

Traditional agricultural markets lack transparency, fair pricing, and direct farmer-consumer connections. Middlemen often exploit information asymmetry, and smallholder farmers struggle to access financial services.

Approach: HarvestHub leverages Cardano’s blockchain to create a decentralized marketplace. Smart contracts ensure transparent transactions, escrow services, and quality verification. By connecting farmers directly with consumers, HarvestHub reduces dependency on intermediaries.

Engagement:

Farmers: Showcase products, negotiate prices, and gain global exposure.

Consumers: Access fresh, traceable produce and support local communities.

Cardano Community: Collaborate, provide feedback, and participate in governance.

Impact Demonstration:

Transparency: Track product origin and pricing on the blockchain.

Financial Inclusion: Enable collateralized loans for farmers.

Community Growth: Measure user adoption and engagement.

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

Ecosystem Growth:

By creating a decentralized marketplace, HarvestHub contributes to the expansion of Cardano’s ecosystem.

More use cases attract developers, users, and investors, strengthening the overall network.

ADA Adoption:

As HarvestHub integrates ADA (Cardano’s native cryptocurrency), it encourages adoption and usage of ADA within the marketplace.

Increased ADA transactions benefit the Cardano network.

Community Engagement:

HarvestHub fosters community involvement through governance models (e.g., DAOs).

Community members participate in decision-making, enhancing Cardano’s decentralized ethos.

Global Impact:

Transparent agricultural trade benefits farmers worldwide.

Cardano gains recognition as a blockchain platform addressing real-world challenges.

[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?

I have extensive experience in agribusiness and a network of stakeholders, including farmers, provide a strong foundation for delivering the HarvestHub project. Collaborating with skilled developers during the prototyping phase ensures technical feasibility. Regular progress updates, community engagement, and transparent communication will demonstrate accountability and build trust within the Cardano ecosystem.

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

Milestone 1:

The timeline for completing a decentralized marketplace project—from research to prototyping

Research and Conceptualization (1-2 weeks):

During this phase, you’ll define the project scope, gather requirements, and research existing solutions.

Estimate 1-2 weeks for thorough research and conceptualization.

Milestone 2:

Design and Planning (2-3 weeks):

Create wireframes, user flow diagrams, and UI/UX designs for your marketplace.

Plan the smart contract architecture and choose the technology stack (e.g., Plutus for Cardano).

Allocate 2-3 weeks for design and planning.

Milestone 3:

Smart Contract Development (4-6 weeks):

Develop the smart contracts that handle order matching, escrow, and product listings.

Test the contracts thoroughly on a testnet.

Expect 4-6 weeks for smart contract development.

Front-End Development (4-6 weeks):

Build the user interface (web and/or mobile) using frameworks like React or Vue.js.

Integrate the front end with the Cardano blockchain.

Allocate 4-6 weeks for front-end development.

Milestone 4:

Back-End Development (3-4 weeks):

Develop back-end services for user authentication, order processing, and communication with smart contracts.

Ensure security and scalability.

Plan 3-4 weeks for back-end development.

Milestone 5:

Back-End Development (3-4 weeks):

Develop back-end services for user authentication, order processing, and communication with smart contracts.

Ensure security and scalability.

Plan 3-4 weeks for back-end development.

Final Milestone:

Deployment and Integration (1-2 weeks):

Deploy your prototype on a testnet (e.g., Cardano’s Alonzo testnet).

Integrate with Cardano wallets and other relevant tools.

Expect 1-2 weeks for deployment and integration.

Community Engagement and Feedback (Ongoing):

Share your progress with the Cardano community.

Gather feedback and iterate based on community input.

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

Elvis Amankwah Boateng

[Team lead]

Agribusiness Management graduate from Kwame Nkrumah University of Science and Technology (Kumasi), he volunteered at the Ministry of Food and Agriculture(MOFA), was an Administrator at YUGEP AGRI IMPACT GREENHOUSE VILLAGE and is currently an Assistant Agricultural Officer (Local government service)

He brings valuable domain expertise, ensuring the app is tailored to the specific needs and challenges of the industry.

He leverages his network and industry connections, to engage with farmers, input suppliers, and other stakeholders to gather feedback, validate the app's concept, and ensure its relevance and usability.

Email: elvisamankwaboateng@gmail.com

To be recruited:

Blockchain developers

Back-end developers

Front-end developers

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

Development Team: 40,000 ADA

• Developers (3-4 full-time): 30,000 ADA
• Assuming an average salary of around 10,000 ADA per developer for a few months (3 months).
• Project Management: 10,000 ADA
• For coordinating tasks, timelines, and communication.

Smart Contract Development: 15,000 ADA

• Smart Contract Developers: 12,000 ADA
• Estimated based on hours required for writing and testing Plutus scripts.
• Testing and Iterations: 3,000 ADA
• For refining smart contracts after initial testing.

Front-End Development: 10,000 ADA

• Front-End Developer(s): 8,000 ADA
• Cost for creating the user interface, depending on complexity.
• UI/UX Design: 2,000 ADA
• For design elements and user experience testing.

Back-End Development: 10,000 ADA

• Back-End Developer(s): 8,000 ADA
• Costs for server-side logic and database integration.
• API Development: 2,000 ADA
• For communication between front-end and smart contracts.

Testing and Security Audits: 10,000 ADA

• Internal Testing: 4,000 ADA
• To ensure functionality and security.
• External Security Audit: 6,000 ADA
• Hiring a reputable firm to audit smart contracts for vulnerabilities.

Deployment and Infrastructure: 7,000 ADA

• Transaction Fees: 2,000 ADA
• For deploying contracts on Cardano’s mainnet/testnet.
• Hosting Costs: 5,000 ADA
• For servers and databases for the marketplace.

Community Engagement and Marketing: 6,000 ADA

• Marketing Campaigns: 3,000 ADA
• For social media, ads, and content creation.
• Conferences and Events: 3,000 ADA
• For attending and networking.

Miscellaneous Expenses: 2,000 ADA

• Legal Fees: 1,000 ADA
• For any necessary legal consultations.
• Branding and Design: 1,000 ADA
• For logos, promotional materials, etc.

Total Budget: 100,000 ADA

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

Ecosystem Growth and Adoption:

By investing in HarvestHub, Cardano expands its ecosystem with a practical use case.

ADA Utility and Staking Rewards:

HarvestHub’s integration with ADA (Cardano’s native cryptocurrency) encourages ADA usage.

Community Engagement and Innovation:

Supporting HarvestHub fosters community involvement and collaboration.