Watch Wallet for Cardano
Problem
There is currently no Cardano watch wallet and open UI kit for developed mobile and watch wallets to help build applications on Blockfrost.
https://youtu.be/E2NWEHySFZISolution
- Easy access and track your balance and tokens prices any time, anywhere
- Security and safe with a non-custodial wallet
- A beautiful home for all your NFTs
- Staking and Earning ADA with a couple of clicks
Total to date
This is the total amount allocated to Watch Wallet for Cardano.
About this idea
[IMPACT] Please describe your proposed solution.
===== Summary of the proposed solution =====
BlueSea is a watch wallet on top of Blockfrost API and helps expand applications on Blockfrost.
Besides that, we open a watch UI kit, contributing to the development of UI components for Blockfrost.
- Watch wallet improve user experiment, easy access anytime and anywhere. Realtime update pricing for your Cardano tokens helps you easily manage your balance.
- Checking epoch time, and manage your staking with the watch app.
- BlueSea is a non-custodial wallet, your key is your money
- Easily check Cardano news with BlueSea
- Get notifications with any change in your account
- Easily view your NFTs art and set it as watch face
We are approaching creating a wallet in the watch, because of those reasons:
- Lack of crypto wallet in the watch app
- Demand for Global Smartwatch Market Size & Share Worth USD 97.52 Billion by 2028, Exhibit a CAGR of 21.5% Growth
- With a watch wallet easy access anywhere, and anytime
- Easy get payments with retails, will bring Cardano to real-life
- For more security and safety, we can create a cold wallet in the watch app
===== Detailed explanation of proposed solutions =====
In this proposed module, we build a watch wallet on the watch including both WatchOS (apple watch) and Wear OS (Android watch). The BlueSea watch application is essential, it increases the value of the platform as well as attracts more users, and has a better experience.
Specifically, BlueSea will address the following issues:
Cardano Portfolio:
- Manage tokens and Cardano in BlueSea, see your total balance for both Ada and tokens in Cardano blockchain and prices from Dex partners like MinSwap, Muesliswap, etc. Users can compare and find the best prices in Cardano Dex.
Stake to Earn:
- BlueSea supports staking with pools in Cardano blockchain with APY is 3.5-4.5% and rewards re-staked automatically, can view data of pools as Saturation, ROA, Live Stake, Margin, Fixed Cost
- Supports list pools have ISPO programs so, users can choices their for ISPO
NFT Gallery
- Visually manage and send your NFTs in bulk.
- Can see the base price of your NFTs from the marketplace like jpg.store, cardahub.io
- Set your NFTs as watch face
Decentralized Exchange
- Integrate with Cardano Dex Dapps to support apps swap like MinSwap, Wingriders. So we can help users easily swap and trade tokens, without a phone and can swap anytime, anywhere.
Import Wallet
- Support import your existing crypto wallet in under 30 seconds
Watch-only
- Watch-only wallets allow you to keep an eye on your cold storage or paper wallet without touching your private key. Easily import your public address and watch it from your watch without moving anything.
Buy Crypto With Fiat
- Support buy ADA and tokens in Cardano ecosystems with fiat, payment with your existing payment method in your watch like apple pay, google pay, Samsung pay
Our non-custodial guarantee
- BlueSea doesn’t track any personally identifiable information, your account addresses, or asset balances.
- Complete control and full ownership of your digital assets, with no middleman, no restrictions, and total privacy.
Open source UI Kits Wallets
- We open UI Kits wallet for community help building more applications on top of Blockfrost API
[IMPACT] Please describe how your proposed solution will address the Challenge that you have submitted it in.
===== Solutions to solve the above specific problem =====
About user experience on watch apps:
Analyze and select useful and simple features for users.
Design an impressive user interface and make the user have the best experience on the watch.
Like Mobile apps, with a wallet on the watch, we will bring a better user experience than a web wallet. Users can access wallets and manage their tokens, NFTs, and payments anytime and anywhere.
About technical solutions:
We will use flutter multi-platform to build a watch wallet on the watch including both WatchOS (apple watch) and Wear OS (Android watch)
Using Blockfrost API for Cardano wallet
And we have our server to get other useful data like prices on Dexs, CoinGecko, and Cardano Inside
Impact on catalyst project and Cardano users
- Help grow the Cardano ecosystem, and support small pools and projects in Cardano.
- Bring more benefits to users in the Cardano ecosystem
- Bring Cardano to real-life application
Marketing channels
- Real customer to new customer through Catalyst and other Cardano communities.
- Public social channels: Twitter, Facebook, telegram, newspapers, and website
[IMPACT] What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
===== Risk management, solutions and awareness =====
Policy:
Apple and Google policies change affecting the deployment of apps to their stores causing time delays for app release to end-users. With many years of experience in developing mobile applications, we understand this, that's why we always update the frequently changing policies of those platforms. We will apply it to building the BlueSea application using the latest versions they provide. We always update the latest SDKs and Dev tools as well as the OS that they apply for product development and minimize errors during app deployment.
ADA Coin Down:
When the crypto market goes down, it affects the price of ADA coin, causing the investment value in project development to decrease, which is inevitable in many projects on Catalyst. We will request a 10% portion of the total project budget for project risk management, and will immediately cash out staff salaries, and expenses for key parts of the project. This ensures that we are not affected much by the price of ADA coins. The rest of the ADA we spend on the project's ADA payments, for telnet or main-net or product listing.
Technology not yet supported:
Because we are pioneers in watch wallet development, we can get unpredicted risk in development, but our team has many experiments with the developer in mobile and web applications we can pass through this risk.
[FEASIBILITY] Please provide a detailed plan, including timeline and key milestones for delivering your proposal.
===== The Project Roadmap =====
Q3/2022
- The BlueSea App user experience analysis.
- Design the functions and content of the App.
- Design and graphical user interface for BlueSea App.
- Build and set up the development environment App/
- Develop BlueSea architecture
- Install the necessary SDKs and libraries.
- Build server system of BlueSea App.
(In this section the teams involved in development: UX/UI, front-end, and system team)
Q4/2022
- Develop logic connect with the Blockfrost API
- Programming for the user interfaces for features.
- Coding backend for the system of the App (for Cardano News and Buy ADA with fiat).
- Programming the App functions
(In this section the teams involved in development: UX/UI, frontend, backend, system, and blockchain technical team)
Q1/2023
- Programming for the user interface on smartphones.
- Launching the ADABET App events promotion and introduction campaign.
- Released the MVP version of the ADABET App up to Google Play Store.
(In this section the teams involved in development: QA QC, Marketing, frontend, backend, system, and blockchain technical team)
Q1/2023
- Complete programming for the user interfaces for features.
- Deploy the BlueSea on the stores.
- Released the MVP version of the BlueSea.
- Test and check the quality and fix bugs of the App.
- Promote the event and let users experience the app before launch.
- Released BlueSea version 1.0
- Improve the interface and functionality of the App.
(In this section the teams involved in development: QA QC, frontend, backend, system, and blockchain technical team)
[FEASIBILITY] Please provide a detailed budget breakdown.
Cost of backend API development: 32 hours * 30 $/hour = 960$
Cost of UI watch apps development for both Android and IOS: 360 hours * 35 $/hour = 10.824$
Cost of QA/QC work: 40 hours * 20 $/hour = 800$
The total cost of the project to request: 12.584$
[FEASIBILITY] Please provide details of the people who will work on the project.
Dao Cuong
Practical blockchain engineer, software expert, blockchain enthusiasm
Experiences: Design & develop software at all levels. Long track experiences with high volume, high availability critical mission systems.
Project responsibilities: Product design. Engineering management. Main full stack & blockchain engineer.
Contact:
Em Nguyễn
Software expert, blockchain enthusiast.
Experience: more than 10 years of experience with design & development software, capable of implementing software at all levels, and running high-volume products.
Responsibilities: Backend & APIs leader - APIs, blockchain & full stack, Project Management
Contact:
- Telegram: https://t.me/nghiaembt
Thai Ngo
Senior frontend engineer & blockchain engineer, Cardano's fan.
Experience: more than 7 years of experience with software development mobile, frontend, and mobile apps and blockchains
He also has experience with testing processes, UI UX design thinking
Responsibilities: Frontend and mobile apps leader - Frontend, mobile development, develop Cardano smart-contract
Contact:
- Linked: https://www.linkedin.com/in/duy-th%C3%A1i-ng%C3%B4-l%C6%B0u-435a15132/
- Telegram: https://t.me/ngoluuduythai
Hung Le Thanh
Experiences: Business owner, digital marketing, community management, data analysis. Experienced with Cardano economic model.
Former Community Leader at Meta for Developers
Former Tech evangelist at Google Developer Group Hanoi - GDG Hanoi
Contact:
Project responsibilities: Product features, marketing management, finance management, community influencer.
Son Nguyen
Product Designer.
Experience: more than 8 years of UI and UX design and development of product
Responsibilities: Product Design, Digital content, marketing design.
Contact:
- Dribbble: https://dribbble.com/sonss
- Behance: https://www.behance.net/sonnguyen2d2e
Tuong Tran,
Junior full stack & blockchain engineer, rust enthusiasm
Experience: 2 years of experience with software and blockchain development,
Responsibilities: Backend, flutter development.
Contact:
Vinh Doan,
Junior full stack & blockchain engineer, rust enthusiasm
Experience: 2 years of experience with software and blockchain development,
Responsibilities: Backend, flutter development.
Contact:
Tri Nguyen
Junior full stack & blockchain engineer, rust enthusiasm
Experience: 2 years of experience with software and blockchain development,
Responsibilities: Backend, flutter development.
Contact:
Tuan Nguyen
Junior full stack & blockchain engineer, rust enthusiasm
Experience: 2 years of experience with software and blockchain development,
Responsibilities: Backend, flutter development.
Contact:
[FEASIBILITY] If you are funded, will you return to Catalyst in a later round for further funding? Please explain why / why not.
I will call for another to keep expanding features for BlueSea wallet like cold wallet, Dapps connect, support for voting on Catalyst, etc.
[FEASIBILITY] Are you or any member of your team working on any other proposals in this Fund9?
Yes[FEASIBILITY] Are you or your team working on any other proposals from previous Funds?
No[AUDITABILITY] Please describe what you will measure to track your project's progress, and how will you measure these?
1.1 Clear and trackable development progress
- Use TDD method for the development process.
- The project will break down into small tasks and then assigned to each member via Trello (a project management software).
- Write UNIT test code in advance before developers start product development.
- The task is confirmed to be completed only when the UNIT test result is “PASSED”.
- Use Github auto deploy to push the latest code to the staging server to make the development product available to everyone.
- A weekly report that lets everyone be aware of the whole process.
1.2 Quantitative indicators for the development process are:
- The number of task/function “PASSED” unit test codes.
- The number of benchmark and QC tests “PASSED” for the end user functions.
- The number of GitHub commits and merges.
- The number of tasks gets “DONE” in Trello.
The development success consideration
- 100% of main tasks are "done"
- 100% unit test for the main task is "passed"
In this way, the progress is clear, measured, and tracked.
[AUDITABILITY] What does success for this project look like?
The success of the project from the product development point of view
- Main software components are developed and tested: 100%
- Extra aspects & extra software components are developed and tested: 70%-100%
- System operations KPIs: 70%-100%
- Product is published and available to users: 100%
- Extra factors of product delivery: 70%-100%
The definition of success From the user's point of view
- Users can gain benefits, more security, and more utility from our apps like pay, swap, news, and update pricing.
- Grow more than 1000 users using our apps
- Get good feedback from the community
Success KPIs of extra software components & aspects
- All components are developed and successfully tested
- Code quality and visibility: source code is clear and easy to reuse and maintain.
- Reports are valuable to users
- All code is public at a registered Github link that is available for other people to view, improve, or re-use.
Success KPIs of product delivery
- The product is released as a scheduled timeline, available for everyone to use a public URL through the internet.
- Main functions are available for users to use.
Success KPIs of system operation (ms is millisecond)
- System uptime: 99.99%
- Average access latency: 50-500ms
- Security: 100% unwanted access is dropped and all data is safe.
[AUDITABILITY] Please provide information on whether this proposal is a continuation of a previously funded project in Catalyst or an entirely new one.
This proposal is an entirely new project. We have not submitted any proposal to Catalyst.
Team
Practical blockchain engineers, software experts, product design, software engineering management, QA/QC. Project & product, finance & marketing management.
