Last updated 2 weeks ago
Cardano lacks a platform for everyday creators to monetize content, hindering cultural adoption. NKrypt solves this by turning content into interactive, on-chain challenges with real ADA rewards.
NKrypt onboards creators to Cardano by turning content into interactive, on-chain challenges. Our dApp enables direct monetization via ADA rewards and tipping, building a true creator economy.
Please provide your proposal title
Nkrypt : Cardano's "Proof-of-Engagement" Creator Social Hub
Enter the amount of funding you are requesting in ADA
100000
Please specify how many months you expect your project to last
6
Please indicate if your proposal has been auto-translated
No
Original Language
en
What is the problem you want to solve?
Cardano lacks a platform for everyday creators to monetize content, hindering cultural adoption. NKrypt solves this by turning content into interactive, on-chain challenges with real ADA rewards.
Supporting links
Does your project have any dependencies on other organizations, technical or otherwise?
Yes
Describe any dependencies or write 'No dependencies'
Lucid Evolution: This is the core of our on-chain engine. As a powerful JavaScript/TypeScript library for Cardano, we use Lucid to construct, sign, and submit all blockchain transactions. This includes everything from distributing ADA rewards and processing tips to our future wallet integration features. YouTube API: To ensure Krypts are engaging multimedia experiences, we use the YouTube API. This allows our creators to easily embed music and video content directly into their posts, transforming a simple blog post into an interactive story. Unsplash API: To empower creators with high-quality visual assets, we integrate with the Unsplash API. This provides our users with direct access to a vast library of professional, royalty-free images, allowing them to enhance the visual appeal of their Krypts without leaving our editor.
Will your project's outputs be fully open source?
No
License and Additional Information
Key components of our platform, particularly our wallet integration and on-chain tipping logic, will be open-sourced under an MIT license to serve as a public good. Proprietary backend logic will remain closed-source initially
Please choose the most relevant theme and tag related to the outcomes of your proposal.
RWA
Describe what makes your idea innovative compared to what has been previously funded (whether by you or others).
While Catalyst has funded Cardano's financial (DEXs) and collectible (NFTs) layers, Nkrypt builds the missing social and cultural layer.
Our innovation is the "Proof-of-Engagement" model: a system where off-chain actions, like solving a quiz, directly trigger on-chain ADA rewards. This is new to Cardano because it creates a two-way economy for the everyday creator, moving beyond simple donations or NFT sales. We are building a new, non-speculative reason for mainstream users to engage with the Cardano blockchain, serving a massive, untapped market.
Describe what your prototype or MVP will demonstrate, and where it can be accessed.
Our existing prototype is a live, functional betaemonstrates our core "Proof-of-Engagement" model and is actively being used by our community of 100+ beta testers.
The MVP funded by this proposal will demonstrate the next crucial evolution: a polished, market-ready application that validates a complete, two-way creator economy on Cardano. It will showcase the addition of direct on-chain ADA tipping for creators and a simple withdrawal system, proving our ability to build a sustainable, high-utility dApp that drives real user adoption.
Describe realistic measures of success, ideally with on-chain metrics.
Our success will be measured by realistic on-chain metrics that validate our economic model and demonstrate tangible value for the Cardano ecosystem. Our primary KPIs for Year 1 are:
Measures mainstream adoption & our effectiveness as an on-ramp.
Provides direct, verifiable proof of our economic model's health via tips & rewards.
Directly tracks the success of our creator economy, proving Nkrypt is a viable monetization engine.
Please describe your proposed solution and how it addresses the problem
The modern creator economy is fundamentally broken. Creators on Web2 platforms are trapped in a system where their hard work generates billions in value, yet their income is dictated by opaque algorithms and ad-based models that reward fleeting, low-quality engagement. This creates a massive disconnect between the value creators provide and the revenue they receive.
We see this not just as a flaw in Web2, but as a monumental opportunity for Cardano. The ecosystem has the technical superiority to build a fairer system, but it currently lacks a flagship application that makes this power accessible to the everyday, non-technical creator. This is the crucial gap we are solving.
Our solution is to build and validate a Minimum Viable Product (MVP) that establishes a new, sustainable economic model for creators, native to Cardano. We call this model "Proof-of-Engagement";
We are not starting from scratch. Our project's journey began when it emerged as a winner from the University Cardano Student Community Nigeria hackathon. This early validation and support from the grassroots Cardano community facilitated the development of our initial beta, which is now a live, functional platform with over 100 active users.
This proposal is to fund the crucial next step: evolving our proven beta into a polished, market-ready MVP that can validate a complete, two-way creator economy.
This grant will fund four key deliverables that form our MVP:
Our PoE model is what makes Nkrypt unique. It is not a formal consensus protocol but a novel, hybrid system we have designed:
Technically, it's an application-layer protocol where a verifiable off-chain action (a user correctly solving a quiz) directly triggers a trustless, on-chain value transfer (the ADA reward).
This system transforms passive metrics like 'views' or 'likes' into active, economically significant events. It creates a direct and transparent link between the quality of a creator's content and the value both they and their audience receive, all secured by the Cardano blockchain.
Our MVP is designed to engage three key groups:
The primary impact of this project will be the successful launch of the polished MVP on the Cardano mainnet. We will demonstrate success and prove the viability of our model through clear, transparent KPIs:
This project is a low-risk, high-impact investment in a crucial area of growth for Cardano. By funding this proposal, the community is not just funding an app; you are funding the validation of a foundational, replicable model for a consumer-facing dApp. Nkrypt will serve as a premier example of how Cardano's unique technical strengths can be used to build a fairer, more engaging, and economically empowering creator economy, driving the next wave of mainstream adoption.
Please define the positive impact your project will have on the wider Cardano community
This project's impact will be to establish a clear, tangible, and replicable blueprint for a "Proof-of-Engagement" Creator Economy on Cardano. While our long-term vision is to become the leading social hub for creators in Web3, the primary impact of this specific MVP project is to build and validate the foundational economic and social infrastructure, providing immense value to the entire ecosystem.
The success of Nkrypt will directly address key strategic growth areas for the Cardano community:
The success of this MVP will be measured against clear, verifiable deliverables that prove we have built a functional and desirable platform. Our Key Performance Indicators (KPIs) for this 6-month funding period are:
Our commitment is to maximize the value of this MVP for the entire Cardano community through transparency, open knowledge, and reusable tools.
Open-Source Components: Key non-proprietary code, particularly for wallet interactions and our tipping mechanism, will be published on GitHub under a permissive license for other developers to learn from and use.
The "Proof-of-Engagement" Blueprint: We will publish a final project report titled "A Blueprint for a Creator Economy on Cardano." This document will detail our journey, architectural decisions, and user feedback, serving as an invaluable guide for future projects.
Transparent Progress Reporting: We will provide bi-weekly public updates and detailed milestone reports through Catalyst, ensuring the community is fully informed of our progress, challenges, and learnings throughout the development lifecycle.
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 uniquely positioned to deliver this project with excellence. Our capability is not just a promise; it is demonstrated by our established track record of winning competitive grants and successfully delivering on our commitments.
CCHUB Announces 50 Startup Grantees : https://cchub.africa/cchub-and-edo-state-government-announce-50-startup-grantees-with-support-from-the-bill-melinda-gates-foundation/
Product : https://www.ledgafinance.com
Oriasotie Emmanuel Ehimare (Founder): An 8-year senior software engineer and two-time hackathon winner.
Linkedin :https://www.linkedin.com/in/oriasotie-emmanuel-340173a6/
Peter (CTO): Founder of GritinAI and a former Microsoft Nigeria Student Ambassador, bringing elite experience in scaling new technologies.
LinkedIn : https://www.linkedin.com/in/doctai/
We understand that managing community funds is a profound responsibility. We guarantee accountability through the following processes:
Our validation strategy is grounded, pragmatic, and based on what we have already achieved.
Milestone Title
Rebrand & UI Implementation
Milestone Outputs
Acceptance Criteria
Evidence of Completion
A link to the live staging website demonstrating the fully implemented UI and branding.
A link to the public Figma files for the UI/UX designs.
A comprehensive video walkthrough of the new user interface.
Delivery Month
2
Cost
30000
Progress
30 %
Milestone Title
User Onboarding: Multi-Wallet Connection & XP System
Milestone Outputs
Acceptance Criteria
Evidence of Completion
Delivery Month
4
Cost
40000
Progress
70 %
Milestone Title
Economic Engine & Mainnet Launch
Milestone Outputs
Acceptance Criteria
Evidence of Completion
Delivery Month
6
Cost
30000
Progress
100 %
Please provide a cost breakdown of the proposed work and resources
The total funding request for the 6-month delivery of the Nkrypt MVP is 100,000 ADA. This budget is lean, strategically allocated, and reflects our commitment to capital efficiency. Every ADA is directed towards the core activities required to build our MVP, validate our economic model, and deliver maximum value to the Cardano ecosystem.
1. Development Costs (70% - 70,000 ADA)
This is the largest portion of the budget, dedicated to compensating the core technical team required to build and deploy the MVP.
2. Infrastructure & Technology (15% - 15,000 ADA)
This covers the essential tools and services needed to build a secure and professional-grade application.
3. Marketing & Community Building (8% - 8,000 ADA)
This allocation is focused on grassroots user adoption and leveraging our existing partnerships.
4. Operations & Contingency (7% - 7,000 ADA)
This covers administrative costs and provides a crucial buffer for unforeseen challenges.
Detailed Monthly Budget Distribution
How does the cost of the project represent value for the Cardano ecosystem?
Our 100,000 ADA budget represents an exceptionally efficient investment for the Cardano ecosystem. We are not just building a single dApp; we are delivering a foundational, open-source blueprint for one of the most critical future use cases for blockchain: the creator economy. The value is demonstrated through our strategic impact, extreme capital efficiency, and the long-term multiplier effect of our work.
1. Strategic Impact: A Foundational Asset for Cardano's Cultural Growth
For a modest investment, this project will deliver a high-quality, community-tested, and fully documented MVP for a premier creator economy application. The true output is not just the dApp itself, but a tangible success story that proves Cardano's utility for connecting to the real-world creative economy. We are creating a foundational asset that will be used to attract future builders, mainstream users, and creative talent to the ecosystem long after this initial project is complete.
2. Unmatched Capital Efficiency
Our budget is not just reasonable; it is exceptionally efficient. This is achieved by leveraging a lean, proven, and agile team structure that eliminates the overhead common in larger development cycles.
To put our 100,000 ADA request in context, a similar MVP project developed by a typical agency or team in North America or Western Europe would have a significantly higher cost structure:
Project Lead & Management (Part-time, 6 months): ~100,000 ADA
Lead Full-Stack Developer (6 months): ~160,000 ADA
UI/UX Design & Branding (Contract): ~45,000 ADA
Community & Marketing Lead (Part-time, 6 months): ~65,000 ADA
Total Estimated Personnel Cost Elsewhere: ~370,000 ADA
This comparison does not even include infrastructure, marketing, or contingency costs. Our proposal delivers a complete, dedicated team to produce a fully-realized MVP for a fraction of the standard market cost. Furthermore, our cost to acquire a new, active on-chain user for Cardano is projected to be just 40 ADA (100,000 ADA / 2,500 new users), an unparalleled level of efficiency.
3. An Open-Source Catalyst for the Community
The value of this project extends far beyond Nkrypt itself. We are committed to building a public good that will generate a multiplier effect for the entire ecosystem.
4. Economic Impact & Long-Term Scalability
The 100,000 ADA requested is the seed capital to validate an MVP that is designed for significant scale. Our economic model is built on a self-reinforcing "flywheel effect": more users attract more creators, driving more on-chain activity, which in turn attracts more users. This ensures that as Nkrypt grows, the value it generates for the Cardano ecosystem grows exponentially with it.
Long-Term Projections (Year 3): We project scaling to 150,000+ Active Wallets and generating over 20 Million+ annual on-chain transactions. This represents a massive, sustainable source of utility and network fees for the Cardano ecosystem.
In summary, our proposal asks for a lean investment to build a high-value, foundational tool that will empower not only our project but the broader Cardano community for years to come.
Terms and Conditions:
Yes
Our team is a dedicated group of experienced engineers and community builders, supported by key strategic partners. This structure ensures we can deliver Nkrypt with technical excellence, accountability, and a direct connection to the Cardano community.
Core Team Structure
Oriasotie Emmanuel Ehimare - Founder & Project Lead
Role: Overall project management, product strategy, backend development, and ensuring the vision aligns with Cardano's growth.
Time Commitment: 40 hours/week for 6 months.
Pedigree: An 8-year senior software engineer with a proven track record of innovation in the Cardano ecosystem, demonstrated by winning both the United Cardano Student Hackathon and the Edo Innovates Hackathon.
LinkedIn: https://www.linkedin.com/in/oriasotie-emmanuel-340173a6/
GitHub : https://github.com/Ehiiz
Responsibilities: Architecture design, leading the development roadmap, managing milestone delivery, and coordinating community and creator outreach.
Peter Ugochukwu - Chief Technology Officer (CTO)
Role: Technical oversight, AI/Web3 integration strategy, and team mentorship.
Time Commitment: 20 hours/week for 6 months.
Pedigree: Founder of GritinAI, a former Microsoft Student Ambassador, and Regional Manager for Opolo Innovation Hub. Peter is a recognized leader in building and scaling innovative tech solutions.
LinkedIn: https://www.linkedin.com/in/doctai/
Responsibilities: Guiding the technical architecture, code review, overseeing the implementation of on-chain components, and ensuring the platform's security and scalability.
In-House Development Team (2x Full-Stack Developers)
Oyomon Development Agency
Role: Frontend and backend development of the Krippt V2 platform.
Time Commitment: 40 hours/week each for 6 months.
Expertise: Our developers have extensive experience building production-grade web applications with modern frameworks (React, Node.js) and possess specific expertise in Cardano dApp development, including hands-on experience with the Lucid library.
Responsibilities: Executing the development of all V2 features.
Website : https://www.createwithoyomon.space/
Our project is deeply embedded within the local and global innovation ecosystem, providing us with a unique advantage in talent, testing, and community growth.
University Cardano Student Community Nigeria: Our foundational partner, providing direct access to a passionate community for beta testing, feedback, and grassroots adoption.
Opolo Global Innovation Hub: A key innovation hub providing mentorship, strategic guidance, and a network of resources essential for scaling our platform.
GritinAI: Our direct partner for AI and advanced Web3 technology. This collaboration ensures Nkrypt stays at the cutting edge of innovation, with access to top-tier expertise in machine learning and decentralized systems.
Website : https://gritinai.com/
LinkedIn : https://www.linkedin.com/company/gritinai/posts/?feedView=all
Remostarts: Our talent and scaling partner. Remostartups connects us to a vetted pool of top-tier African tech talent, ensuring we can efficiently scale our development team as the project grows.
Website : https://remostarts.com/
Center of Innovation and Development, University of Benin: Our academic partner for research and development, allowing us to collaborate on innovative solutions and engage with the next generation of developers.