[IMPACT] Please describe your proposed solution.
This will help adoption of sidechains and L2s in the Cardano ecosystem which gives more power to developers to create custom environments for their specific needs without having to worry about losing adoption because of it
[IMPACT] How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?
- Number wrapped smart contract calls made
- Number of dApps that integrate wrapped smart contracts
[IMPACT] How do you intend to measure the success of your project?
We will share any code or documentation we wrote for the implementation publicly so that any app or game can integrate the functionality
[IMPACT] Please describe your plans to share the outputs and results of your project?
Please see the content of both documents linked
[CAPABILITY/ FEASIBILITY] What is your capability to deliver your project with high levels of trust and accountability?
dcSpark and Milkomeda are well renowned companies in the Cardano ecosystem that have a long history of delivering on Catalyst proposals. You can find progress on grants we have previously received at https://dcspark.io/grants
[CAPABILITY/ FEASIBILITY] What are the main goals for the project and how will you validate if your approach is feasible?
The main goal of the project is to make it easier to onboard users into the sidechain/L2 ecosystem. Many potential users do not want to create new wallets for each different execution layer, and we want these users to be able to easily onboard with as few hurdles as possible
We know this project is technically feasible as we have already built it and are in the final stages of testing
[CAPABILITY/ FEASIBILITY] Please provide a detailed breakdown of your project’s milestones and each of the main tasks or activities to reach the milestone plus the expected timeline for the delivery.
- Release the specifications
- Complete the Milkomeda hardfork
- Upgrade and audit the Milkomeda bridge
- Announce partner integrations of Wrapped Smart Contracts into their dApps
[CAPABILITY/ FEASIBILITY] Please describe the deliverables, outputs and intended outcomes of each milestone.
- Public documentation
- Audit release
- Announcements of integrations
[RESOURCES & VALUE FOR MONEY] Please provide a detailed budget breakdown of the proposed work and resources.
[RESOURCES & VALUE FOR MONEY] Who is in the project team and what are their roles?
Milkomeda (work on the sidechain itself)
dcSpark (development support)
[RESOURCES & VALUE FOR MONEY] How does the cost of the project represent value for money for the Cardano ecosystem?
This provides value by increasing the amount of use-cases that can be built in the Cardano ecosystem as projects that require a sidechain or L2 are now much more viable from a business perspective