Last updated 9 months ago
It's difficult for people to connect securely to barter their time and skills, they lack trusted reputation systems for peer to peer exchange, and blockchain adoption lacks these real use cases.
We are developing a decentralized platform where members can tokenize some of their time, enabling direct peer-to-peer exchanges of skills and expertise while building their personal reputation.
This is the total amount allocated to Addonx - P2P Digital Barter.
Please provide your proposal title
Addonx - P2P Digital Barter
Enter the amount of funding you are requesting in ADA
100000
Please specify how many months you expect your project to last
10
Please indicate if your proposal has been auto-translated
No
Original Language
en
What is the problem you want to solve?
It's difficult for people to connect securely to barter their time and skills, they lack trusted reputation systems for peer to peer exchange, and blockchain adoption lacks these real use cases.
Supporting links
Does your project have any dependencies on other organizations, technical or otherwise?
No
Describe any dependencies or write 'No dependencies'
No dependencies
Will your project's outputs be fully open source?
No
License and Additional Information
Initially the project will not be open source, the development will be private. Since it is a MVP and involves external people and community vunerabilities can be used to take advantage of our platform or our users. We intend to be open source after a full code audit has been made of platform security.
Please choose the most relevant theme and tag related to the outcomes of your proposal.
Tokenization
Describe what makes your idea innovative compared to what has been previously funded (whether by you or others).
Our idea introduces the first time-and-skills exchange platform on Cardano, enabling direct peer-to-peer transactions without intermediaries.
Unlike traditional freelance platforms, we tokenize time/skills on-chain with a reputation-based valuation, creating a decentralized community marketplace.
Users mint tokens representing their skills and expertise, build a verifiable reputation through on chain data, and exchange services securely on Cardano and within the platform ecosystem, a concept unprecedented in this blockchain space.
Describe what your prototype or MVP will demonstrate, and where it can be accessed.
In the final milestone all members of the Cardano community will be able to access a working MVP platform at addonx.io. They will be able to create an account; a profile; connect a Cardano wallet; create a personal token and transact.
Our MVP will demonstrate a fully functional P2P time/skills exchange platform on the Cardano blockchain, where users will be able to transact securely while building their reputation and network.
Describe realistic measures of success, ideally with on-chain metrics.
Our aim when our MVP is complete is to have 300+ active members transacting on the Cardano mainnet.
Every transaction handled by the platform will contain specific metadata that is related to the platform, each user's personal token has a prefix allowing tracking of how many users minted their tokens as well as all other on-chain information.
In addition, we can collect off chain data such as how many accounts have been created, how many messages have been exchanged using the platform and how many connections have been made.
Please describe your proposed solution and how it addresses the problem
Imagine a world where your skills and time become your currency, tradeable directly with anyone, anywhere, without platform fees or gatekeepers.
Despite the growing gig economy and remote work trends, no trusted decentralized platform exists for peer-to-peer skill and time exchange.
Creating our original proof of concept;
As professionals we wanted to find a fair and verifiable way to value some of our time and expertise and convert that value into an asset. We invented the concept of personal tokens as a way to commodify an abstract skill or service tied to an individuals reputation. The tokens were minted and swapped as required but as more people wanted to get involved the idea of Addonx, a platform to facilitate P2P digital barter, emerged.
We propose to implement and validate Addonx as a robust MVP, a platform that enables people to exchange their time and skills for the services they need.
Most people want to learn new skills, access services, or connect with others who share their interests. However, finding trustworthy individuals with complementary skills and aligned values is challenging on existing social networks.
Addonx helps solve the problem of trusted, peer to peer skills exchange.
The platform will create a network of like-minded people who want to connect, transact and build their reputation.
Community members create personal tokens which represent the time they're willing to exchange with others. Each member builds their own network of trusted contacts who accept their tokens, establishing a reputation-based circle of trust.
When someone receives an offer to transact with a personal token, the Addonx platform displays two key pieces of information:
This system allows members to see both the credibility and utility of any token before accepting it, creating a transparent time-exchange marketplace built on personal networks and reputation.
Addonx is a new Social Utility Network, it is not only a connection, it is a connection that represents value, that represents a human's time and expertise!
We have been bootstrapping our project for one year and have already developed a robust proof of concept.
In the last year we have built a functioning website where users can create a profile; connect a Cardano wallet; mint personal tokens; search for other members; exchange tokens in preview mode (with metadata); create public posts and give ratings and reviews.
We currently have a community of around 50 members, alpha testing the flows as they are developed and real world use cases are emerging.
https://addonx.gitbook.io/documentation/use-cases
Our proposal lays out the milestones we need in order to finish the MVP and put the project in a strong position to attract and onboard new users and potential investors in 2026.
It is an opportunity for members of the Cardano community to be the first to utilise and take advantage of this unique concept of peer to peer digital barter.
Please define the positive impact your project will have on the wider Cardano community
The AddonX concept will create significant positive impact for the Cardano community in various ways:
Mass adoption and onboarding.
AddonX will serve as a gateway for mainstream users to enter the Cardano ecosystem. By focusing on practical value exchange (trading time, skills, and services) the platform makes blockchain technology accessible to everyday users who may have never interacted with cryptocurrency before.
Sustainable Community Building for the Cardano Community
The platform facilitates meaningful connections between community members through skill-sharing and collaboration, strengthening the social fabric of the Cardano community while creating tangible economic value for all participants. Projects can be built by exchanging time and skills!
Reputation and Trust Infrastructure
By building a comprehensive reputation system on Cardano, AddonX will establish valuable social and economic infrastructure that other projects can leverage. This reputation layer will enhance trust in peer-to-peer transactions across the entire Cardano ecosystem, benefiting all community participants.
The economic opportunities AddonX provides will benefit not only existing Cardano community members but also attract new participants who see value in the network. This organic growth will strengthen Cardano's position in the blockchain space, increase network activity, and demonstrate real-world utility that extends far beyond traditional DeFi applications. By making blockchain technology accessible and rewarding for everyday users, AddonX will contribute to Cardano's mission of creating a more inclusive and decentralized financial future.
As all transaction data is on chain the impact will be easily trackable and transparent. The outputs and opportunities will be available for all to see and individual users will be free to market their personal brand and Addonx profile on other Social Media Platforms. This will greatly increase the awareness of Cardano as a utility blockchain and introduce the general population to Cardano's capabilities through practical, real-world applications.
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?
As founder of Addonx, I have had a trusted reputation as a service provider in the business world for 20 years, teaching and mentoring business leaders in the tech and financial sectors. I am an expert in giving public presentations and I have a wide experience generating video tutorials for my clients. I have a global network of cross-sector contacts and a passion for decentralized systems.
My co-founder is a software developer with extensive experience working on large scale Cardano blockchain projects as well as successfully founding and launching multiple high-impact e-commerce applications. He will be able to leverage his extensive network of connections within the Cardano eco-system for support in both development and testing. As a developer working for Txpipe he has knowledge and experience of the tools required to deliver this project.
How we propose to handle the funds
We will begin by creating a comprehensive budget that breaks down costs into clear categories (e.g. development, tools, marketing, and a 10% contingency reserve). To maintain transparency, all funds will be deposited into a dedicated wallet separate from personal or other project funds.
We will conduct monthly reviews to compare actual spending against the budget.
We also maintain a contingency reserve (10% of the budget) to handle unforeseen costs, such as price increases or ADA depreciation. We will follow the Generally Accepted Accounting Principles (GAAP) and funder-specific guidelines. We will retain all receipts and invoices for at least three years, available for your review upon request.
We’re deeply committed to honoring your investment, making sure it delivers real impact while keeping everything transparent. By sticking to our clear processes, we’ll use your funds wisely to achieve a working MVP.
Milestone Title
Milestone 1: Match Maker System
Milestone Outputs
Acceptance Criteria
Platform improvements
Matchmaker system
On-chain transactions related to the dialogue session
Evidence of Completion
Delivery Month
2
Cost
20000
Progress
20 %
Milestone Title
Milestone 2: Real-time chat
Milestone Outputs
Acceptance Criteria
The real-time chat for the dialogue session
Notifications from messages
Evidence of Completion
Delivery Month
4
Cost
20000
Progress
50 %
Milestone Title
Milestone 3: Reputation & Scheduling
Milestone Outputs
Acceptance Criteria
The review and reputation system
Reputation scores influence matching priority
Calendar booking
Evidence of Completion
Delivery Month
6
Cost
20000
Progress
70 %
Milestone Title
Milestone 4: Token trust metrics
Milestone Outputs
Acceptance Criteria
The token metrics page
Circle of trust graph (Clear visibility of the token acceptance)
Evidence of Completion
Delivery Month
8
Cost
20000
Progress
90 %
Milestone Title
Milestone 5: Final
Milestone Outputs
Acceptance Criteria
The final platform matches the features presented in the proposal.
Online MVP platform with features:
Evidence of Completion
Delivery Month
10
Cost
20000
Progress
100 %
Please provide a cost breakdown of the proposed work and resources
Software development:
Project Management:
General costs:
Total: 100k ADA for 10 months
How does the cost of the project represent value for the Cardano ecosystem?
This project delivers exceptional value to the Cardano ecosystem:
Direct Network Growth & Adoption
Our MVP will onboard new users globally by creating a practical use case where people can tokenize their time and skills using Cardano. Every user who joins our platform becomes an active participant in the Cardano ecosystem, directly increasing network adoption and transaction volume.
Enhanced Ecosystem Utility
By enabling time-based value exchange on Cardano, we're adding a new dimension of utility that shows the blockchain's capabilities for real-world applications. This strengthens Cardano's position as a platform for innovative economic models beyond traditional financial transactions.
Cost-Effective Development
Our development approach leverages competitive South American development rates, ensuring maximum output per ADA invested. This efficient resource allocation means more features and functionality delivered for the same budget, maximizing the ecosystem's return on investment.
Sustainable Value Creation
Rather than a one-time expenditure, this investment creates a self-sustaining platform that continues generating value long after initial development. As our user base grows, so does Cardano's active community and transaction volume, creating compound returns for the ecosystem.
Terms and Conditions:
Yes
James Reilly - Co-founder - https://www.linkedin.com/in/james-reilly-english-teacher/
Paulo Bressan - Co-founder - https://www.linkedin.com/in/paulo-b-335501115/
Rafael Souza - Backend Developer - https://www.linkedin.com/in/rafael-souza-386254116/
Wilker Ferreira - Fullstack Developer - https://www.linkedin.com/in/wilker-ferreira/