ADA to Mobile Money App

[GENERAL] Summarize your solution to the problem.

Design of a mobile application allowing the exchange of ADA cryptocurrency to a local currency via Mobile Money.

[GENERAL] Summarize your relevant experience.

Startup working in the development of Web, Mobile, and Desktop applications; with more than 18 developers

[GENERAL] Requested funds in USD.

[IMPACT] Please describe your proposed solution.

The application will be deployed initially in the Democratic Republic of Congo. The local currency used is CDF and USD.

The App will work a bit like a Forex which will allow users to simply exchange ADA from their wallets in Local Currency to Mobile Money and do the reverse.

[IMPACT] Please describe how your proposed solution will address the Challenge that you have submitted it in.

ADA Exchange App makes it possible to receive ADA crypto currency from anywhere by giving the possibility of going through any African telecom operator for conversions in Mobile Money. In addition, the application optimizes the structure of conversions to keep fees as low as possible while opening its API to any developer who would like to integrate it for ADA to Mobile Money conversions.

Our application will not give the possibility to users to keep funds there, the App will work a bit like a Forex which will allow users to simply exchange ADA from their wallets in Local Currency to Mobile Money.

The platform that will be designed will be Mobile (Android and IOS) which will integrate extensions of existing ADA wallets and Mobile money aggregator.

We will be using Flutter which is an open source framework by Google for building beautiful, natively compiled, multi-platform applications from a single codebase. So we won't have to design the Android and IOS version, we will design the Android version and generate the IOS directly. We will use Mongodb as a database.

The application will be deployed initially in the Democratic Republic of Congo where the local currency used is CDF and USD.

[IMPACT] What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?

The biggest challenge we will face is getting users to use this application in the DRC. Many Congolese, African users do not know cryptocurrency, but we hope that this application will be an example of making it easier to exchange ADAs in local currency and to get used to it.

[FEASIBILITY] Please provide a detailed plan, including timeline and key milestones for delivering your proposal.

Roadmap :

• Step 0 - Proof of Concept (up to 1 month of development) :

We want to provide a working proof of concept for Fund 8. For intensive testing by our developers and all members of the community, we will deliver a version that will work with the Cardano testnet. users will be able to perform payment and conversion tests without having to spend your ADAs.

• Stage 1 - Active development (up to 3 months) :

Creation of the ADA Exchange App wallet with the possibility of sending and receiving ADAs.

• Step 2 - Conversion solutions (up to 1 months of development) :

Stable Coin integration for converting ADAs to USD.

Integration of the API of the first mobile money payment mode.

• Step 3 - Testing with internal users :

Conversion test of ADA into local currency using mobile money already integrated

Please provide a detailed budget breakdown.

Total Fund needed: 44000 USD

[FEASIBILITY] Please provide a detailed budget breakdown.

Stage 0: Proof of Concept (Up to 1 Months) :

During this step we will focus on the detailed study and analysis of the problem of exchanging ADAs to local currencies.

We will have to carry out the following steps:

• Detailed study of the problem
• Implementation of a basic architecture
• Proposal of the graphic model to use

Fund needed: 7000 USD

Stage 1: Active Development (Up to 3 Months)

During this step we will begin the active development of the ADA To Mobile Money application.

We will take the following steps:

• Development of the Administration part with 2 senior web developers (6 hours per day due to $10 per hour)x2: 6240 USD

• Design of UI/UX designer to make user interface user-friendly with 1 designer 1350 USD

• Development of the user part with 5 Senior Mobile developers (IOS and Android plateform at the same time) (6 hours per day due to $8 per hour)x5: 18720 USD

• A cloud storage and backup server/year : 640 USD

Fund needed: 26950 USD

Stage 2: Mobile Money Integration with aggregators (Up to 1 Months of development)

• Mobile Money Aggregators Integration 250 USD
• Initial ADA for real test 1800 USD
• Initial deposit in mobile money test(Airtel-Money, M-Pesa, Orange Money) 8000 USD
• Connection of the application with a first extension of ADA wallets that already exists

Fund needed: 10050 USD

[FEASIBILITY] Please provide details of the people who will work on the project.

1.AVAILABLE TEAM

• Uptodate Developers

Uptodate Developers is a startup working in the promotion of new information and communication technologies under two aspects: By designing adapted solutions that contribute to the resolution of social problems and by promoting technology to young people. We train developers to understand customers problems, so that our team can suggest IT Software as part of the solution to the problems.  We have two type of developers : Permanent and Freelances. When a project need skills that our permanent developers have, we hire freelances.

• Dan Baruka

Project leader

CEO of Uptodate Developers. 

Entrepreneur and Blockchain developer, Dan baruka is a software engineer and technology entrepreneur based in Kinshasa (Democratic Republic of Congo). He is the co-founder of the startup Uptodate Developers, which brings together young people working in new information and communication technologies. Its objective is to contribute to positively change Africa by using new technologies in entrepreneurship to contribute to the resolution of Africa's problems.

Languages : French & English

https://www.linkedin.com/in/dan-baruka-6a3423188

• Frédérique Samvura

Blockchain developer

Wada Business Initiatives Lead, DRC Wada Coordinator. M.A in Economics, experienced in banking and public policy. Completed the Plutus Pioneer and Atala Prism Pioneer Programs. Haskell and Plutus trainer in Wada and Guimbalabs Education programs, Smart Contract Developer and entrepreneur. 

Languages : French & English

(https://www.linkedin.com/in/fr%C3%A9d%C3%A9ric-samvura-907aa53b)

• Josephine Ndeze

Team Leader | Chef Operating Officer

COO at Uptodate Developers and Blockchain entrepreneur. Software engineer, Tech entrepreneur in Kinshasa (DR-Congo), Mandela washington fellowship Allumi 2022 | The Next Einstein Forum (NEF) Ambassador (2019-2021) | MissGeekAfrca 2019.

Languages : French & English

https://www.linkedin.com/in/josephine-ndeze-54115b188/?originalSubdomain=cd

• Nicolas Descampe

Project Manager

Blockchain Entrepreneur, Studied Political Sciences, International Relations, and Business Administration. He moved to Eastern Congo in 2003 and started an ICT business, became a telecom specialist, and went on with various missions in the sector. Most recently, he was CEO of Group Vivendi Africa DRC, where he launched the first internet operator truly dedicated to the mass market and therefore the fastest growing in the country. Once the operation was in orbit in both Kinshasa and Goma, he left to focus on developing the startups that will make a difference. He studied Fintech at Harvard and the implications of Artificial Intelligence for business strategy at MIT.

Languages : French | English

https://www.linkedin.com/in/nicolasdescampe/

• Yannick Nsenga

DevOps

Cardano Blockchain and senior blockchain developer : Haskell and Plutus, Software Engineer, Expert in application architecture, web full stack developer, Web 3.0, vue.js, Laravel, Node Js, Vuejs, Core.

Languages : French | English 

https://www.linkedin.com/in/yannick-nsenga-121558ba/

• Priscille Bampata

Regional project Coordinator at UPDEV | Administrative

Coordinator at Uptodate Developers, passionate about new information and communication technology, medicine and management.

Languages : French & English

https://cd.linkedin.com/in/priscille-bampata-1b4a76224

• Vital yengayenga 

Community Manager | RS content strategy

Digital Marketing, Graphic Design, User Experience Design (UX), Copywriting, Copywriting, User Experience Writing, Content Strategy, Blog

Languages : French | English

https://www.linkedin.com/in/vital-yengayenga/

• Luccin Masirika

Web and Web 3.0 developer

Software Engineer | Web & Blockchain Developer at Uptodate Developers

Development and design of new relevant web technologies. Design of optimized web applications, Data structure, Productivity and professionalism on adequate solutions,

Specialized in JavaScript d, Backend: NodeJs.

Language : French 

https://www.linkedin.com/in/luccin-masirika/?originalSubdomain=cd

• Hassan Tunmise Hahfyeez

Creative | UI/UX Designer

UIUX Designer | Brand Identity Designer at Uptodate Developers | A Product designer passionate about building viable products enabling users to have a good experience.

Language : English

https://www.linkedin.com/in/hassan-tunmise-hahfyeez-39991791/

• Jack Mutobu

Senior web developer at Uptodate Developers.

Haskell and Plutus trainer, Microsoft ambassador. Blockchain content producer.

Languages : French | English

https://www.linkedin.com/in/jack-m-5aa669100/

• Ebed Melek

Web Developer

Software Engineer, Mobile and web developer at Uptodate Developers

Language : French 

https://www.linkedin.com/in/ebed-meleck-makoso-0579b513a/

2.TEAM TO HIRE

David Baruka

Software Development Engineer

Frontend and backend mobile developer, graphic designer, mobile UI/UX | Electronic engineer.

Language : French & English

https://www.linkedin.com/in/baruka-david-33a38219a/

[FEASIBILITY] If you are funded, will you return to Catalyst in a later round for further funding? Please explain why / why not.

Yes, because i need the App to continue evolving with new features.

[FEASIBILITY] Are you or any member of your team working on any other proposals in this Fund9?

[FEASIBILITY] Are you or your team working on any other proposals from previous Funds?

[AUDITABILITY] Please describe what you will measure to track your project's progress, and how will you measure these?

Github commits (https://github.com/UPTODATE-DEV), Tasks completed on Asana, Discord

[AUDITABILITY] What does success for this project look like?

First tests of the application by beta testers in order to correct the first version of the application which will be published.

[AUDITABILITY] Please provide information on whether this proposal is a continuation of a previously funded project in Catalyst or an entirely new one.

It's a new project.