[Proposal setup] Proposal title

Please provide your proposal title

Data Infra + FlipsideAI Blockchain Intelligence Platform

[Proposal Summary] Budget Information

Enter the amount of funding you are requesting in ADA

725000

[Proposal Summary] Time

Please specify how many months you expect your project to last

12

[Proposal Summary] Problem Statement

What is the problem you want to solve?

Cardano requires Enterprise-grade data infrastructure & accessible cross-chain analytical capabilities to attract institutional buyers, accelerate DeFi progress, and support strategic decision-making.

[Proposal Summary] Supporting Documentation

Supporting links

• https://flipsidecrypto.xyz/home/
,
• https://flipsidecrypto.xyz/chat/
,
• https://docs.flipsidecrypto.xyz/flipsideai
,
• https://github.com/flipsideCrypto/

[Proposal Summary] Project Dependencies

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

No

Describe any dependencies or write 'No dependencies'

No dependencies

[Proposal Summary] Project Open Source

Will your project's outputs be fully open source?

Yes

Please provide details on the intellectual property (IP) status of your project outputs, including whether they will be released as open source or retained under another licence.

Yes, our Github is open source: https://github.com/flipsidecrypto/

It has all our data models for curation.

[Theme Selection] Theme

Please choose the most relevant theme and tag related to the outcomes of your proposal

AI

[Campaign Category] Category Questions

Describe your established collaborations.

Flipside Supports 25+ L1/L2 Blockchain Partners Today

Flipside currently partners with 25+ Blockchain Networks across the web3 ecosystem. We serve our partners in a number of different capacities:

1. We provide data infrastructure thru Snowflake for our clients, as seen here: https://docs.flipsidecrypto.xyz/blockchain-data/supported-blockchains
2. Our partners' onchain data also resides within FlipsideAI. This allows it to be natural-language-queried and accessible by all community participants to source onchain insights without having to write SQL
3. We are an organization of 30+ engineers, with a dedicated Data Science team that works 1:1 collaboratively with our Tier 1 clients. We aim to partner with the Cardano Foundation + core community participants to solve problems, provide our insights, and create bespoke solutions to support the growth of Cardano
4. We also serve as a trusted validator to several clients, including Monad, Solana, Somnia, etc.

Partner Collaboration

We have partnered extremely collaboratively with partners like Avalanche, Solana, Aptos, Polygon, BOB, Ink, Base, etc. over the years to drive incentive campaigns + meaningful engagement into the ecosystem:

• We helped achieve 77.5K new/reactivated wallets into Avalanche DeFi protocols in 6 mo in 2024
• BOB was able to optimize their airdrop to increase forecasted staking by just removing 1,525 airdrop farmers and 36,432 past airdrop sellers
• Flipside has created a bespoke Wallet re/targeting module for Ink + the entire FlipsideAI community, based on direct feedback from Ink's marketing team.

Infrastructure + Analytics Support

Flipside is a strategic partner to these organizations, supporting with Enterprise-grade data infrastructure, sophisticated data analytics, and Data Science support + expertise.

Describe funding commitments.

The associated Cardano proposal is inline with the partnership support we provide to most other L1 partners. Please contact us if the team would like to explore more about our commercial partnerships, but we'd like to keep that information sensitive within the scope of this proposal submission.

Describe your key performance metrics.

Performance Metrics:

Flipside evaluates our FlipsideAI platform thru a North Star Metric of "Weekly Active Business Users." We will provide these statistics to the Cardano foundation + accessible to the community on a routine basis to track traction + performance.

Flipside Proprietary Scoring Engine

Flipside's proprietary scoring algorithms provide actionable intelligence on Cardano ecosystem participants, enabling the community and Foundation to identify & segment users, tracking their progression from initial exposure to deep engagement (staking, borrowing, lending, etc.).

• Step #1 = Establish the Baseline: Map Cardano’s user base against onchain actions (e.g., bridging, staking frequency, cross-protocol engagement) to isolate cohorts driving the majority of ecosystem value (volume, TVL, etc.).
• Step #2 = Identify User Segmentation: By segmenting addresses according to Flipside’s scoring methodology, we can zero in on high-potential users; those likely to engage more deeply and drive real economic volume and TVL (i.e., those exhibiting early-stage DeFi behaviors that correlate with LTV growth), and identify the applications/protocols associated with those higher-quality users.

Competitive Benchmarking & Market Intelligence Analytics

Cross-chain competitive analysis to better analyze Cardano's market positioning + onchain success, for example:

• User overlap analysis: Which users are active on Cardano vs. other major L1 peers (Solana, Avalanche, NEAR, etc.)?
• Capital flow tracking: Where users bridge from/to, what triggers migration?
• Protocol performance: How Cardano dApps compare to one another, and to equivalent peers within competing L1 ecosystems; what are the best-performing dApps to allocate resources + support to?
• Market share trends: TVL quality, user acquisition velocity, retention rates vs. competitors

[Your Project and Solution] Solution

Please describe your proposed solution and how it addresses the problem

Flipside Partnership Overview:

Flipside provides the blockchain intelligence layer and decision science expertise that Cardano needs to compete for & win institutional capital, attract high-value users, and onboard accretive integrations + partnerships. The breadth of this partnership entails:

1. Enterprise-grade Cardano Data Infrastructure
2. FlipsideAI Blockchain Intelligence Platform - User Insights + Competitive Analytics
3. Dedicated Data Science Support

The 2026 Roadmap* prioritizes notably, amongst other themes:

• strategic integrations
• DeFi growth
• RWA adoption
• stablecoin infrastructure
• developer/tooling support

We believe success is supported by answering three notable questions:

1. User Quality Awareness: Is the ecosystem attracting long-term, high-quality users and capital? Or shorter-term users and mercenary capital?
2. Competitive Positioning + Insights: How does Cardano compare to peer L1s on important KPIs and onchain metrics? What differentiates Cardano dApps and competitive positioning?
3. Ecosystem Attribution + ROI Measurement: Which protocols, incentives, and partnerships move the needle? Where should Cardano resources + support be allocated most constructively?

*https://cardanofoundation.org/blog/cardano-foundation-roadmap

FlipsideAI + our enterprise-grade data curations + our data science expertise directly facilitates these measures of success.

[Your Project and Solution] Impact

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

Flipside will provide the Cardano Ecosystem with comprehensive blockchain analytics infrastructure, proprietary user scoring technology, data science support, and holistic ecosystem intelligence. The purpose of this data + analytics partnership is to support and facilitate the monitoring + growth of DeFi, RWAs, stablecoins, and governance participation within the Cardano ecosystem.

We have mapped out an initial scope of protocol-level curations to support some of the most successful, impactful, and up-and-coming dApps + protocols within the Cardano Ecosystem.

Initial protocol curations will include, at a minimum, a number of these key protocols within the Cardano ecosystem:

• Liqwid Finance
• Minswap
• iUSD (Indigo)
• DJED
• Splash
• Masumi
• SundaeSwap
• WingRiders
• VyFinance
• CSWAP
• DexHunter
• Cardinal Protocol
• Lenfi
• Fluid Tokens
• JPG Store
• Strike Finance
• Snek.fun
• Sōkosumi

The ability to query data for these protocols within FlipsideAI + Snowflake will enable:

• critical comparitive intelligence on users, capital flows, and performance/attribution
• unlocking the ability to analyze competitive benchmarking, positioning, and onchain metric comparisons between Cardano protocols + across protocols on other networks we support.

[Your Project and Solution] Capabilities & 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?

Flipside currently partners with 25+ Blockchain Networks across the web3 ecosystem. We serve our partners in a number of different capacities, supported by a company of 60+ dedicated + trusted blockchain experts.

For helpful context: we curate Bitcoin as a UTXO chain, and have extensive expertise in our current consideration of how to curate Cardano's architecture to map against our existing cross-chain data sets, schemas, and labels.

[Milestones] Project Milestones

Milestone Title

Data Ingestion, Curation, and Labeling Infrastructure Setup

Milestone Outputs

• Cardano data ingested (1yr historical + real-time) into Snowflake
• Cross-chain normalized tables deployed
• Flipside Score algorithm operational for Cardano addresses
• 5 FlipsideAI Pro seats activated for Foundation
• Dedicated 3-person Data Science team assigned with Slack channel setup

Acceptance Criteria

All core + curated tables accessible via Snowflake

Foundation team confirms Snowflake access

FlipsideAI returning Cardano-specific queries within FlipsideAI

This integration will be coordinated extensively in the dedicated Slack channel we create.

Evidence of Completion

Snowflake login credentials provided, Cardano added to Flipside Docs, video walkthrough, public blog post

Delivery Month

1

Cost

290000

Progress

40 %

Milestone Title

FlipsideAI Intelligence Layer Operational + CF User-Onboarding Complete

Milestone Outputs

• 10+ protocols labeled (from list*)
• Initial entity labeling complete for exchanges, protocols, and treasuries
• FlipsideAI trained on Cardano ecosystem data
• Foundation team onboarded via live session

*https://docs.google.com/document/d/1Eck3mQsY7BKKdh-aueiIUT7IZJWBl5-I/edit#heading=h.p1c5r2ga77i3

Acceptance Criteria

• 10+ protocols queryable in FlipsideAI by name
• Foundation team completes onboarding session
• Slack channel confirmed active with relevant Foundation members added
• All core + curated tables are confirmed accurately reflected in FlipsideAI analysis

Evidence of Completion

Evidence of Completion: Query examples showing labeled entities, onboarding session recording, Slack invite confirmations

Delivery Month

2

Cost

217500

Progress

70 %

Milestone Title

Cardano Command Center Live, AI Agent Module #1 Published

Milestone Outputs

• Command Center homepage — cardano.flipside.chat = live
• First custom AI module deployed (Foundation chooses Module #1 to prioritize)
• Co-marketing announcement published across partnership channels

Acceptance Criteria

• Public URL accessible — cardano.flipside.chat
• AI Module #1 returns accurate results for test cases + workflows are evaluated + assessed to operate functionally
• Module documentation publicly accessible within Flipside docs page

Evidence of Completion

Live URL, module documentation, usage analytics screenshot.

AI Module #1 returns accurate results for test cases + workflows are evaluated + assessed to operate functionally

Delivery Month

3

Cost

72500

Progress

80 %

Milestone Title

2x Remaining Modules Published + Fully Operational

Milestone Outputs

• Custom AI Module #2 Published: [Cardano Foundation chooses from options consulting with Flipside Data Science team]
• Custom AI Module #3 Published: [Cardano Foundation chooses from options consulting with Flipside Data Science team]
• Previous quarter retrospective analysis provided
• Self-service documentation shared to support Foundation self-service proficiency

Acceptance Criteria

• All 3 custom modules operational and tested
• Previous quarter report includes 5+ key insights with data sources
• Flipside Documentation includes Cardano data + information and enables Foundation self-service queries

Evidence of Completion

Module URLs live, quarterly report PDF, documentation portal link.

Backwards-quarter-looking report includes 5+ key insights with data sources

Delivery Month

4

Cost

72500

Progress

90 %

Milestone Title

Ongoing Partnership

Milestone Outputs

• Quarterly strategy sessions with Foundation team (3 sessions minimum)
• On-demand Data Science support via dedicated Slack channel
• Quarterly ecosystem intelligence reports
• Platform maintenance and data freshness guarantees (real-time ingestion operational + FlipsideAI maintenance)
• Ad-hoc custom queries, analysis, and data science support as requested by Foundation
• Continuous protocol labeling updates as ecosystem evolves

Acceptance Criteria

• 3+ quarterly strategy sessions completed with documented action items
• Slack response SLA maintained (24-48hr for standard requests)
• Quarterly reports delivered with 5+ actionable insights each
• Data infrastructure uptime meets SLA requirements

Evidence of Completion

• Meeting notes/recordings from quarterly sessions
• Slack activity logs
• Quarterly report PDFs issued and received by Cardano Foundation

Delivery Month

8

Progress

90 %

Milestone Title

Project Close-out Report and Video

Milestone Outputs

• Final impact report (metrics vs. targets)
• Video showcase of deliverables
• Handoff documentation for ongoing maintenance
• Aggregated user feedback highlights from both platforms

The report will be professionally formatted and distributed via a Github repository publication.

Acceptance Criteria

• Report shows performance against all KPIs from proposal
• Video demonstrates all major deliverables
• Handoff docs enable community/Foundation continuation
• Continued refinement of workflows, FlipsideAI integration, data curations, etc.

Evidence of Completion

Published report, recorded video link demonstrating key deliverables, GitHub repo with schemas. Ongoing Flipside partnership + support.

Delivery Month

11

Cost

72500

Progress

100 %

[Final Pitch] Budget & Costs

Please provide a cost breakdown of the proposed work and resources

Payment Method:

₳725,000 for $ADA payment

(~$302,000 for USD/USDC)

Payment Structure:

• Upon Milestone 1 completion: ₳290,000 (40% of total)
• Upon Milestone 2 completion: ₳217,500 (30% of total)
• Upon Milestone 3 completion: ₳72,500 (10% of total)
• Upon Milestone 4 completion: ₳72,500 (10% of total)
• Upon Milestone 5 completion: Ongoing partnership (0% of total)
• Upon Milestone 6 completion: ₳72,500 (10% of total)

[Final Pitch] Value for Money

How does the cost of the project represent value for the Cardano ecosystem?

Flipside has spent 7 years curating Enterprise-grade blockchain data for top-tier L1s + L2s across web3. We have spent the past 2 years building FlipsideAI (flipside.chat) as an extremely powerful + accessible platform by which blockchain professionals + community participants can query blockchain data + generate actionable insights via natural language [no SQL required!]

We have built an LLM architecture that navigates 7 trillion rows of blockchain data, and utilizes our proprietary scoring algorithms which score 700M+ web3 wallets every single day to assess + track user quality scores.

To build this level of data analytics capability would take multiple years and millions of dollars in resources to develop. We are proud to be able to offer this platform + services to support the Cardano ecosystem.

[Self-Assessment] Self-Assessment Checklist

I confirm that the lead applicant is a verified legal business entity.

Yes

I confirm that the lead org has a ≥2-year track record, and the consortium collectively has ≥$5M in verifiable annual revenue.

Yes

I confirm that evidence of collaboration with a qualified Tier-1 enterprise is provided.

Yes

I confirm that the proposer and all team members are in good standing with prior Catalyst projects.

Yes

I confirm that the proposal is for mature R&D or integration, not an early-stage concept or core infrastructure.

Yes

I confirm that evidence of a mature product is provided, with a clear integration plan if not already on Cardano.

Yes

I confirm that all key partners, including the Tier-1 collaborator, are clearly identified.

Yes

I confirm that a clear statement of the partner's in-kind or financial contributions is included.

Yes

I confirm that the proposal provides verifiable references (e.g., LinkedIn, portfolio) for key team members.

Yes

I confirm that the proposal includes clear KPIs for adoption (e.g., transaction volume, user growth). Forecast for projected on-chain transaction volume is provided with adequate justification.

Yes

I confirm that delivery is ≤ 12 months with clear milestones.

Yes

I confirm that the proposal includes a co-marketing or community engagement plan to amplify Cardano's visibility.

Yes

I confirm that the proposal budget is for future work only, not for completed tasks. No incentives, giveaways, private treasuries and regranting are included in the budget.

Yes

[Required Acknowledgements] Consent & Confirmation

I Agree

Yes