ADABet: Betting Site for Everything

[IMPACT]

ADABet who as people traded their $ADA tokens and other tokens as bets on the results of everyday events, such as who will win as they allow, or if it will rain tomorrow in Zug tomorrow.

We are developing an asset class, “everyday event contracts” and a financial exchange for trading on the outcome of events.

This vision is to allow people to capitalize on their opinions, gamble and trade everyday events.

Both the bet and the payout will be recorded in a smart contract, all automatically when it is finalized and the payouts are sent to the winners.

We will have several betting CATEGORIES within the site, including:

• Business / Politics / Crypto / Science & Tech / Sports / Pop Culture / Transportation / Climate & Weather

We will only work with binary bets, with two possible answers, such as: "Yes" or "No" / "Option 1" or "Option 2" / "Winning" or "Losing". With super simple themes and easy access and verification. That's the idea, to be able to bet on simple things and try to hit the future.

The payment of winning bets will be directly in the user's wallet, sent by a smart contract. The platform will not take funds from users.

We will work with the possibility for the user to create their own bets, it will have a different cost, as we will need to offer liquidity for each bet on the platform.

We believe that the use of ADA tokens and other tokens with a use for betting on everyday events will bring more adoption to monetize and at the same time be entertained.

We know that the betting industry moves billions, we hope to bring a significant volume of negotiations with the use of blockchain and smart contracts to automate the entire betting process and also the payment of prizes.

The risks and main challenges of the website will be to make users use their ADAs and Tokens to place bets on everyday events to try to earn more ADAs as a reward.

We will carry out publicity and marketing work to attract users and show confidence and security in the betting platform.

[FEASIBILITY]

Month 1:

• Start of platform architecture planning
• Gathering requirements and features
• Creation of the website wireframe
• Validation with key users
• Adjustments and adaptations in wireframe
• Wireframe finalization

Month 2-3:

• UX/UI studies for the website
• Creation of the first version of the interface with some screens
• Validation of requirements and features
• Adjustments in the first version of the interface
• Design and UX validation with key users
• Design tweaks
• Creation of all other screens and interfaces

Month 4:

• Creation of betting smartcontracts
• Validation of requirements and features
• Platform validation with users
• Adjustments in platform
• Start of front-end programming

Month 5:

• Validation of front-end programming with users
• Start of front-end and back-end integration
• Completion of front-end and back-end integration

Month 6:

• MVP release as a beta version for early adopters
• Validation of feedback and platform improvements
• Official launch of the platform
• Communication with media partners, content portals, crypto specialist sites

"More complete details can be provided if and when we are selected by Catalyst.

Developer Front-end: 2,800 x 5 months = $14,000

Developer Back-end: 2,800 x 6 months = $16,800

Product Owner = $900 x 6 months = $5,400

Marketing Assistant = $600 x 5 months = $3,000

Social Media = $800 x 5 months = $4,000

Designer UX/UI =$900 x 4 months = $3,600

Marketing Budget = $800

Amazon AWS Services Maintenance (1 year) = $1,600

TOTAL: $49,200

Otávio Lima - https://www.linkedin.com/in/otavioaclima/

Founder & CEO at Cardano Feed

Entrepreneur and passionate about technology, I started working at age 16 when I set up my first technology company and I never stopped. I founded some internet startups, some successful and others not so much. Started my business for 6 months in Silicon Valley/Silicon Valley, California (USA) , in Rio de Janeiro and Belem.

I have practical and theoretical knowledge in B2B and B2C e-commerce, marketplace, digital marketing, UX/user experience, navigation tests, interface, information architecture, big data, data driven, data science, web metrics , BI (Business Intelligence), open innovation, crowdsourcing, ERP integrations, digital signage/digital signage and out-of-home digital media.

I actively participate in the cryptocurrency/blockchain, DeFi, cryptocurrency, enthusiast and fan of digital currencies such as Bitcoin (BTC), Cardano (ADA), ZCore (ZCR), B2U coin (B2U) and Binance coin (BNB).

Felipe Barcelos - https://www.linkedin.com/in/felipebarcelospro/

Full stack and software engineer

I started studying computers at the age of 9. Always looking for ways to solve problems and generate value. All of this took me on the journey of entrepreneurship and made me open my startup at the age of 18.

In recent years, my dedication has been to improve my technical expertise with Clean Code, refactoring, TDD, DDD, design patterns, clean architecture and languages like Javascript. Using frameworks like Next JS, Angular JS, Nest JS, Strapi and a few more.

Gino Matos - https://www.linkedin.com/in/gino-matos-06296b172/

Crypto journalist & content editor

I specialize in writing. I have experience as editor-in-chief and develop journalistic articles, press releases, ebooks (I work as a ghost writer), article translations and subtitles for videos.

I have knowledge in digital marketing, content marketing and email marketing. My strongest soft skills are empathy, communication and proactivity.

Lucas Fernandes - https://www.linkedin.com/in/lucas-fernandes-silva/

Marketing Assistant

Founder of an Education startup in 2021 in São Paulo from an insight that our current teaching model is not aligned with the needs that the job market needs. Since then, my main purpose has become to create, share and connect experiences and knowledge with people around the world, offering new opportunities to develop the skills they will need for the professions of the future, today.

Today, my biggest motivation comes from showing that any dream is possible and that there are no limits for those who really dream big, have their feet on the ground and take one step at a time. We are certainly only at the beginning of a great journey."

[AUDITABILITY]

• Number of hits to the website

• Number of registered users

• Numbers of bets created

Success for this project can be defined:

• Number of bets placed

• Amount of volume traded

• Amount of premiums paid

This is a new project.