not approved

[MAYZ Protocol] Open Orders

₳131,000.00 Requested
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Community Review Results (1 reviewers)
Feasibility
Value for money
Impact / Alignment
Solution

The proposal aims to enhance user participation in Cardano Funds through simplified processes, including Open Order Contracts and Delegation Contracts.

Problem:

Image file

The lack of a decentralized smart contract to Create, Manage, and Invest in Cardano Funds.

Yes Votes:
₳ 10,897,149
No Votes:
₳ 130,864,967
Votes Cast:
235

[IMPACT] Please describe your proposed solution.

We aim to optimize user engagement by integrating novel functionalities, specifically Open Order Contracts and Delegation Contracts, into the MAYZ Protocol. This intentional approach leverages the potential of the existing protocol, enabling us to enhance it rather than creating a separate solution.

Our project seeks to facilitate a more inclusive and dynamic interaction with the protocol. It is designed to engage various participants in the Cardano ecosystem, from token holders to developers, validators, and new users. We aspire to streamline their interaction with the protocol and provide them access to a diversified portfolio of Cardano native tokens. With critical indicators such as heightened protocol activity and increased user engagement, we intend to establish a vibrant Cardano ecosystem, proving our solution's efficacy.

Our proposal stands out due to its inherent synergistic design. We're building upon the existing framework of the MAYZ Protocol, enhancing its functionality, robustness, and user-friendliness. We're improving the protocol and amplifying its potential to serve as a platform for more active user engagement.

A broad spectrum of users will benefit from this project, ranging from existing MAYZ users with access to enhanced functionalities to new users who find the system easier to navigate. The broader Cardano ecosystem will also witness an influx in active user participation.

The importance of this proposal to Cardano is manifold. It resonates with Cardano's ethos of decentralization and community engagement. It brings a novel, user-centric perspective to the ecosystem's growth and is a potential blueprint for future developments within the Cardano blockchain. Ultimately, it aims to position Cardano as a more appealing option within the DeFi sector, driving its adoption and reinforcing its place as a critical player in decentralized finance.

The solution

Our implementation strategy for incorporating Open Order Contracts and Delegation Contracts within the MAYZ Protocol is highly detailed, focusing on every aspect, from oracle integration to contract versioning. In the technical realm, implementing Open Order Contracts and Delegation Contracts within the MAYZ Protocol will involve significant work in both backend smart contract development and frontend user interface (UI) design.

At the core of our proposal are the Open Order Contracts, which are more than just simple trading mechanisms. They offer an alternative and efficient way to acquire Fund Tokens (FT), representing a share of the diversified portfolio in a fund created by the MAYZ Protocol. They are designed to enable users who may not possess all the necessary tokens to deposit into the fund directly. This facilitates broader user participation within the fund.

The Open Order Contracts will not be limited to FT and ADA transactions. They will support a wide range of token exchanges, including FT to other Cardano native tokens and vice versa, thereby opening up a diverse array of trading options for users.

The community plays a crucial role in our system. Those who create Open Buy Orders will leave a fee that can be claimed by others in the community who fulfill these orders, either partially or entirely. This fosters a spirit of cooperation and incentivizes active participation within the ecosystem.

Open Sell Order creators, on the other hand, will earn commissions by facilitating the exchange between ADA and FT for users. This provides an additional avenue for users to engage with the system and earn rewards, encouraging more active and frequent participation.

By making acquiring Fund Tokens more accessible and creating an array of trading opportunities, we anticipate that our system will stimulate a community effort to maintain an adequate supply of orders to meet demand. The vibrant exchange environment thus created will foster a sense of community, drive user participation, and underpin the success of our proposal. This holistic, community-focused approach is a crucial feature of our project, reflecting our commitment to building a truly inclusive and engaging ecosystem.

We will utilize oracle data feeds for accurate, real-time market information. We'll design these contracts to interact with multiple oracle data feeds, providing the versatility and accuracy necessary for users to make informed trading decisions.

Delegation Contracts, however, are crucial in engaging users within the protocol. By delegating their MAYZ tokens, users can participate in protocol governance and earn rewards, fostering a more active and inclusive community.

Regarding the REST API, we'll build a robust interface to facilitate smooth communication between the front end, the smart contracts, and the oracle data feeds. This will involve developing a comprehensive set of endpoints that allow for secure and efficient interactions with both types of contracts. Each endpoint will be designed with a specific function in mind, ensuring that every aspect of the user experience, from creating an order to delegating tokens, is handled seamlessly.

An innovative aspect of our approach is the focus on contract versioning. Unlike traditional version control systems that primarily deal with source code, our versioning system caters to smart contracts. This means we'll be creating an ecosystem where multiple versions of the contracts can coexist, and the user interface and the API can interact with any of these versions in a specific, controlled manner. This unique capability provides flexibility and ensures the long-term sustainability of the platform, even as enhancements and changes are made to the contracts over time.

[IMPACT] How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?

Our proposed solution directly addresses the challenge of enhancing user engagement within the Cardano ecosystem by integrating innovative functionalities into the MAYZ Protocol. Introducing Open Order Contracts and Delegation Contracts allows for a more inclusive and dynamic interaction with the protocol, enabling a broad spectrum of participants to benefit from the proposed upgrades.

The integration of these novel functionalities will not only optimize the existing MAYZ protocol but also create a platform for active user engagement. This would attract diverse participants - from token holders, developers, and validators, to new users and streamline their interactions with the protocol. By offering a diversified portfolio of Cardano native tokens and creating an array of trading opportunities, we aim to facilitate broader user participation, thereby driving user engagement and adoption of the Cardano platform.

The proposed solution echoes Cardano's decentralization and community engagement ethos and brings a user-centric perspective to the ecosystem's growth. We aspire to set a precedent for future developments within the Cardano blockchain by leveraging the inherent potential of the existing protocol, reinforcing Cardano's place as a critical player in decentralized finance.

The project aims to bring significant value to the Cardano ecosystem:

  1. Community Engagement: By integrating functionalities that incentivize participation, the project is expected to stimulate active engagement within the ecosystem, building a more vital and vibrant community. Integrating Delegation Contracts will further enable users to participate in protocol governance, fostering a more active and inclusive community.
  2. Ecosystem Robustness: The project adds to the robustness of the Cardano ecosystem by enhancing the functionality, efficiency, and user-friendliness of an existing protocol. This improves the existing infrastructure and opens up new avenues for interaction and engagement within the ecosystem.
  3. User Attraction and Retention: The solution aims to make the Cardano ecosystem more appealing to existing and potential users. The project is expected to attract more users to the Cardano platform and keep them engaged by streamlining user interaction and providing diversified trading opportunities.

Regarding quantifiable impact, while exact numbers are contingent on market dynamics and user behavior, we anticipate a significant surge in protocol activity and user engagement. The increase in users and transactions will be continuously monitored and evaluated as a key performance indicator of our project's success. We believe this project, upon successful completion, will play a pivotal role in positioning Cardano as an increasingly attractive option within the DeFi sector, ultimately driving its adoption at a larger scale.

[IMPACT] How do you intend to measure the success of your project?

The success of our project will be measured through a combination of quantitative and qualitative metrics. Here are some ways we intend to assess the project's benefits for the Cardano ecosystem:

  1. User Engagement: The primary measure of our project's success will be increased active user engagement. This can be quantified by tracking the number of new users engaging with the MAYZ protocol, the number of Open Order Contracts created and fulfilled, and the number of Delegation Contracts initiated.
  2. Community Growth: Another quantitative measure will be the community's growth, which can be gauged through increased token holders and active participants in protocol governance.
  3. Increased Transactions: The overall increase in the number of transactions involving Cardano native tokens, particularly the Fund Tokens (FT), will strongly indicate the project's impact on the ecosystem.
  4. Protocol Activity: The activity level within the MAYZ Protocol, monitored through metrics such as the number of new funds created, the amount of ADA staked, and the number of smart contract interactions, will provide valuable data on our project's influence.

We will assess the project's success by gathering user feedback on the qualitative side. This can be obtained through surveys, user interviews, and active engagement within the community.

The feedback will help us understand the following:

  • User experience and ease of use of the integrated features
  • Any challenges or obstacles faced by the users
  • Suggestions for improvements and additions to the protocol

Regarding productivity and growth, the innovation is designed to make the Cardano ecosystem more robust and user-friendly, attracting more users to the platform. This should increase the number of transactions in the short term, leading to a more vibrant and active community. In the long term, this could significantly contribute to the adoption and growth of the Cardano ecosystem by making it a preferred platform for DeFi activities.

Given our project's scope and alignment with Cardano's ethos of decentralization and community engagement, we believe these measures are realistic. Furthermore, integrating the Open Order Contracts and Delegation Contracts into the MAYZ Protocol taps into the existing potential of the protocol, leveraging it to improve the overall user experience and engagement.

[IMPACT] Please describe your plans to share the outputs and results of your project?

We have a strong commitment to giving back to the community and ensuring that the outputs and results of our project are shared widely. Here is our plan to spread the project's outputs over a reasonable timescale and share them with the broader Cardano community:

  1. Online Live Sessions: We will organize online live sessions, such as Twitter Spaces or other live streaming platforms, to present project updates, discuss findings, and engage with the Cardano community. These sessions will provide an opportunity for community members from different channels and platforms to join, ask questions, and participate in real-time discussions.
  2. Community Channels: While we utilize channels like the MAYZ community, we also recognize the importance of engaging with the broader Cardano community. We will actively participate in relevant Cardano community forums, social media groups, and communication channels. This includes engaging on platforms like Reddit, Telegram groups, and Cardano-related Discord servers. We will share updates, invite feedback, and actively contribute to discussions about our project.
  3. Project Catalyst: We will present all the relevant information about our project to Project Catalyst. This will allow us to share the outputs, impact, and opportunities arising from our completed project with the Cardano Foundation, IOHK, and the wider Cardano community. Participating in Project Catalyst provides an additional avenue to reach a broad audience and gather feedback from the community.
  4. Open-Source Contributions: We believe in the power of open-source collaboration. Therefore, we plan to release the project's relevant code, smart contracts, and technical components as open-source. This will allow other developers and researchers within the Cardano community to leverage our work, build upon it, and contribute to further research and development activities.
  5. Documentation and Reports: We will create comprehensive documentation and reports that outline the project's objectives, methodologies, findings, and outcomes. These documents will be made publicly available on platforms like the Cardano community website, GitHub, and relevant project repositories. By sharing these documents, we ensure that the broader Cardano community can access the information, review our work, and contribute to further research and development.
  6. Social Media and Online Platforms: We will leverage social media platforms, such as Twitter, LinkedIn, and Cardano-specific channels, to share project updates and relevant findings, and engage with the wider Cardano community. This will allow us to reach a broader audience, including developers, enthusiasts, researchers, and individuals interested in decentralized finance and blockchain technology.

By following this plan, we aim to reach the broader Cardano community and share the outputs, impact, and opportunities that arise from our completed project. We will actively utilize online platforms, participate in relevant community channels, and leverage Project Catalyst to ensure that the information reaches a wide audience within the Cardano ecosystem.

[CAPABILITY/ FEASIBILITY] What is your capability to deliver your project with high levels of trust and accountability?

  1. Professional Team: The MAYZ team consists of highly skilled individuals with proven expertise in the field. Their previous involvement in successful projects, including being founders of RATS DAO, showcases their ability to manage and handle complex financial systems.
  2. Track Record: Team's experience in managing 1,500,000 ADA in NFT Assets funds through RATS DAO demonstrates your ability to handle and allocate resources responsibly. This track record can instill trust and confidence in your capability to manage funds properly.
  3. Development Experience: Skilled development team and past successful projects and proposals submitted to Project Catalyst showcase technical expertise in blockchain development and smart contract implementation. These achievements validate our capability to deliver the project effectively and efficiently. ( <https://aldea-nft-marketplace.vercel.app/> as a result of <https://cardano.ideascale.com/c/idea/60627> )
  4. Mainnet Projects: The fact that we have existing projects using smart contracts already live on the Cardano mainnet further demonstrates team's ability to navigate the technical aspects of blockchain development and deployment successfully. This highlights experience and competence in managing projects on a live and operational blockchain network (Rats Staking Platform: RATS Staking - MAINNET ).

To ensure proper fund management, the team will establish transparent processes and implement robust financial controls. This include:

  • We are implementing financial reporting and auditing mechanisms to ensure accountability and transparency.

  • Establishing clear guidelines and protocols for fund allocation, ensuring it aligns with the project's objectives and goals.

  • Regularly communicating with the community, providing updates on fund usage and project progress.

  • Demonstrating compliance with relevant regulations and best practices in financial management.

    [CAPABILITY/ FEASIBILITY] What are the main goals for the project and how will you validate if your approach is feasible?

  1. Enhancing User Engagement: The primary goal of our project is to optimize user engagement within the Cardano ecosystem. We aim to achieve this by integrating Open Order Contracts and Delegation Contracts into the MAYZ Protocol, providing users with enhanced functionalities, streamlined interactions, and a diversified portfolio of Cardano native tokens.
  2. Driving Adoption and Participation: We aspire to attract and onboard a broader range of participants, including token holders, developers, validators, and new users, into the Cardano ecosystem. By providing easier access to Fund Tokens (FT) through Open Order Contracts and incentivizing participation through Delegation Contracts, we aim to drive increased adoption and participation within the ecosystem.
  3. Establishing a Vibrant Ecosystem: Our project seeks to create a vibrant Cardano ecosystem with heightened protocol activity and increased user engagement. By integrating novel functionalities and fostering a sense of community, we aim to establish an ecosystem where users actively participate, collaborate, and contribute to the growth and success of the platform.

To validate the feasibility of our approach, we will employ the following measures:

  1. User Engagement Metrics: We will track and analyze key user engagement metrics, such as the number of active users, the frequency of user interactions, and the volume of transactions involving Cardano native tokens. By comparing these metrics before and after the implementation of Open Order Contracts and Delegation Contracts, we can assess the effectiveness of our approach in enhancing user engagement.
  2. Community Feedback and Surveys: We will gather feedback from users, community members, and stakeholders through surveys, interviews, and active engagement within community channels. This feedback will provide qualitative insights into the user experience, satisfaction levels, and overall perception of the implemented functionalities. We will use this feedback to measure the achievement of user experience and satisfaction goals.
  3. Protocol Activity and Adoption: We will monitor the protocol activity within the MAYZ ecosystem, including creating new funds, the amount of ADA staked, and the number of smart contract interactions. An increase in these metrics will indicate the successful adoption and utilization of Open Order Contracts and Delegation Contracts.
  4. User Retention and Growth: We will assess user retention rates and growth patterns within the Cardano ecosystem. By tracking the number of returning users, the growth rate of new users, and their continued engagement with the implemented functionalities, we can gauge the project's success in achieving its goals of driving adoption and participation.

For the technical implementation of our approach, we will follow industry best practices for smart contract development and user interface design. We will utilize oracle data feeds for accurate market information and design robust backend smart contracts and a user-friendly frontend interface. The implementation process will involve thorough testing, security audits, and iterations based on user feedback to ensure a reliable and efficient solution.

[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.

Milestone 1: Planning and General Design

  • Conduct project planning, including resource allocation and timeline establishment.
  • Define the overall project architecture, API design, smart contracts, and database structure.
  • Success criteria: Completed project plan, architecture design document, API specification, and database schema.
  • Duration: 4 weeks

Milestone 2: Smart Contract Development

  • Develop new smart contracts and update existing ones to incorporate the proposed functionalities.
  • Conduct unit testing and property-based testing to ensure the correctness and security of the smart contracts.
  • Success criteria: Functional and tested smart contracts.
  • Duration: 6 weeks

Milestone 3: REST API Development

  • Design and develop the REST API endpoints to enable seamless interaction with the smart contracts.
  • Implement security measures, error handling, and data validation in the API.
  • Success criteria: Functional and tested REST API with all required functionalities.
  • Duration: 4 weeks

Milestone 4: UI/UX Design

  • Design the user interface (UI) and user experience (UX) for the web platform.
  • Develop wireframes, mockups, and interactive prototypes for user testing and feedback.
  • Success criteria: UI/UX designs finalized and approved.
  • Duration: 4 weeks

Milestone 5: Integration and Testnet Deployment

  • Integrate the UI, REST API, and smart contracts into a cohesive web application.
  • Conduct thorough testing and debugging to ensure proper functionality and usability.
  • Deploy the integrated system on a testnet environment for further testing and feedback gathering.
  • Success criteria: Integrated application deployed on the testnet, with successful testing outcomes.
  • Duration: 4 weeks

Milestone 6: Mainnet Deployment and Launch

  • Address user feedback and make necessary adjustments and improvements.
  • Prepare for mainnet deployment, including security audits and compliance checks.
  • Deploy the finalized system on the Cardano mainnet.
  • Conduct pre-launch marketing and communication activities to create awareness.
  • Success criteria: System successfully deployed on the Cardano mainnet, marketing plan executed.
  • Duration: 2 weeks

Our project will be managed using an agile methodology, which involves breaking down the project into smaller tasks and iterations. This approach allows us to work incrementally and adapt to changing circumstances. We will maintain open lines of communication and coordination among team members to ensure smooth progress, address any challenges that arise, and make necessary adjustments as needed. To facilitate continuous improvement, we will establish a feedback system that actively gathers input from users throughout the project.

[CAPABILITY/ FEASIBILITY] Please describe the deliverables, outputs and intended outcomes of each milestone.

Milestone 1: Planning and General Design

  • Deliverables: Completed project plan, architecture design document, API specification, and database schema.
  • Outputs: A comprehensive project plan outlining the scope, timeline, and resource allocation. An architecture design document detailing the system's technical structure. An API specification document specifying the endpoints, request/response formats, and authentication mechanisms. A database schema outlining the structure and relationships of the project's database.
  • Intended Outcomes: A well-defined project roadmap and technical foundation that aligns with the project objectives.
  • Measurement: Successful completion and approval of the project plan, architecture design document, API specification, and database schema.

Milestone 2: Smart Contract Development

  • Deliverables: Functional and tested smart contracts.
  • Outputs: Developed smart contracts incorporating the proposed functionalities, including Open Order and Delegation Contracts. Unit testing and property-based testing reports demonstrate the correctness and security of the smart contracts.
  • Intended Outcomes: Functional and secure smart contracts that enable Open Order functionality and user delegation within the MAYZ Protocol.
  • Measurement: Successful execution of unit testing and property-based testing with satisfactory results, ensuring the reliability and security of the smart contracts.

Milestone 3: REST API Development

  • Deliverables: Functional and tested REST API with all required functionalities.
  • Outputs: Developed REST API endpoints that allow seamless interaction with the smart contracts. API documentation detailing the available endpoints, request/response formats, and error handling mechanisms.
  • Intended Outcomes: A robust and user-friendly REST API that facilitates smooth communication between the front end and smart contracts.
  • Measurement: Successful testing of all API endpoints and documentation that accurately represents the API functionalities.

Milestone 4: UI/UX Design

  • Deliverables: Finalized and approved UI/UX designs.
  • Outputs: Wireframes, mockups, and interactive prototypes of the web platform showcasing the user interface and user experience.
  • Intended Outcomes: Intuitive and visually appealing UI/UX designs that enhance the user experience of the web platform.
  • Measurement: Positive feedback from user testing sessions, indicating satisfaction with the UI/UX designs and their usability.

Milestone 5: Integration and Testnet Deployment

  • Deliverables: Integrated application deployed on the testnet, with successful testing outcomes.
  • Outputs: A fully integrated system consisting of the UI, REST API, and smart contracts. Thoroughly tested and debugged application running on a testnet environment.
  • Intended Outcomes: A functional and stable integrated system ready for further testing and feedback gathering.
  • Measurement: Successful deployment of the integrated application on the testnet and positive outcomes from testing, ensuring the system's reliability and functionality.

Milestone 6: Mainnet Deployment and Launch

  • Deliverables: System successfully deployed on the Cardano mainnet, and marketing plan executed.
  • Outputs: Deployed system running on the Cardano mainnet, compliance checks and security audits conducted. Pre-launch marketing materials and communication channels established.
  • Intended Outcomes: Full deployment of the system on the Cardano mainnet, generating awareness and interest among the Cardano community and potential users.
  • Measurement: Successful deployment on the mainnet, positive response and engagement from the Cardano community, and achieved marketing milestones as outlined in the marketing plan.

To track project progress, we will measure the successful completion and approval of deliverables for each milestone. Additionally, we will conduct regular reviews to assess the alignment of project activities with the timeline and adjust as necessary.

[RESOURCES & VALUE FOR MONEY] Please provide a detailed budget breakdown of the proposed work and resources.

Project Manager:

  • Define project objectives, scope, and timeline.
  • Coordinate resource allocation and team communication.
  • Create and manage the project plan and deliverables.
  • Monitor progress, identify risks, and implement mitigation strategies.

Technical Architect:

  • Design the overall system architecture.
  • Define technical requirements and specifications.
  • Ensure alignment with the Cardano ecosystem and best practices.
  • Provide technical guidance and support to the development team.

Full Stack Developer:

  • Develop and integrate frontend and backend components into a cohesive application.
  • Implement UI designs and develop responsive web interfaces.
  • Create RESTful APIs and establish communication with smart contracts.
  • Design the database schema, establish connectivity, and optimize data storage.
  • Ensure efficient communication and data flow between different layers.
  • Conduct thorough testing and debugging for seamless functionality.

Smart Contract Developer:

  • Develop new smart contracts incorporating Open Order Contracts and Delegation Contracts.
  • Update existing smart contracts with new functionalities.
  • Conduct unit testing and property-based testing.
  • Ensure secure and efficient smart contract code.

UI/UX Designer:

  • Responsible for designing the user interface and user experience of the project.
  • Conduct research, creates wireframes, prototypes, and visual designs
  • Collaborate with developers to implement the design into the Protocol Portal.

Quality Assurance Specialist:

  • Review and verify the correctness and security of smart contracts, APIs, and applications.
  • Perform comprehensive testing to identify issues and vulnerabilities.
  • Collaborate with the development team to ensure quality deliverables.
  • Conduct system testing and user acceptance testing.

DevOps Engineer:

  • Set up testnet and mainnet environments for deployment.
  • Establish continuous integration and deployment processes.
  • Configure server infrastructure and deployment pipelines.
  • Ensure proper deployment and monitoring of the integrated system.

Marketing and Community Manager:

  • Develop a marketing plan for the project launch.
  • Create promotional materials, campaigns, and content.
  • Execute marketing strategies to generate awareness and interest.
  • Engage with the Cardano community through various channels.
  • Foster community participation, gather feedback and address inquiries.
  • Coordinate community events, AMA sessions, and discussions.
  • Ensure effective communication, community support, and community growth.

Hourly rates in ADA:

  • Project Manager: 100 ADA
  • Technical Architect: 133 ADA
  • Marketing and Community Manager: 67 ADA
  • Smart Contract Developer: 200 ADA
  • Quality Assurance Specialist: 133 ADA
  • Full Stack Developer: 200 ADA
  • DevOps Engineer: 133 ADA
  • UI/UX Designer: 133 ADA

Milestone 1: Planning and General Design

  • Project Manager: 20h * 100 ADA = 2000 ADA
  • Technical Architect: 60h * 133 ADA = 8000 ADA
  • Full Stack Developer: 20h * 200 ADA = 4000 ADA
  • Smart Contract Developer: 20h * 200 ADA = 4000 ADA
  • Cost: 18,000 ADA

Milestone 2: Smart Contract Development

  • Project Manager: 10h * 100 ADA = 1000 ADA
  • Full Stack Developer: 10h * 200 ADA = 2000 ADA
  • Smart Contract Developer: 100h * 200 ADA = 20000 ADA
  • Quality Assurance Specialist: 25h * 133 ADA = 3333 ADA
  • Cost: 26,333 ADA

Milestone 3: REST API Development

  • Project Manager: 10h * 100 ADA = 1000 ADA
  • Full Stack Developer: 80h * 200 ADA = 16000 ADA
  • Quality Assurance Specialist: 20h * 133 ADA = 2667 ADA
  • Cost: 19,667 ADA

Milestone 4: UI/UX Design

  • Project Manager: 10h * 100 ADA = 1000 ADA
  • UI/UX Designer: 80h * 133 ADA = 10667 ADA
  • Full Stack Developer: 20h * 200 ADA = 4000 ADA
  • Cost: 15,667 ADA

Milestone 5: Integration and Testnet Deployment

  • Project Manager: 20h * 100 ADA = 2000 ADA
  • Full Stack Developer: 40h * 200 ADA = 8000 ADA
  • Smart Contract Developer: 40h * 200 ADA = 8000 ADA
  • DevOps Engineer: 40h * 133 ADA = 5333 ADA
  • Quality Assurance Specialist: 20h * 133 ADA = 2667 ADA
  • Marketing and Community Manager: 30h * 67 ADA = 2000 ADA
  • Cost: 28,000 ADA

Milestone 6: Mainnet Deployment and Launch

  • Project Manager: 20 * 100 ADA = 2000 ADA
  • Full Stack Developer: 40 * 200 ADA = 8000 ADA
  • Smart Contract Developer: 30 * 200 ADA = 6000 ADA
  • DevOps Engineer: 20 * 133 ADA = 2667 ADA
  • Quality Assurance Specialist: 20 * 133 ADA = 2667 ADA
  • Marketing and Community Manager: 30 * 67 ADA = 2000 ADA
  • Cost: 23,333 ADA

Total ADA: 131,000 ADA

[RESOURCES & VALUE FOR MONEY] Who is in the project team and what are their roles?

Project Manager

  • Agustin Franchella

Team Leader, Financial & Legal Advisor:

  • Diego Torres

Technical Architect:

  • Manuel Padilla

Marketing and Community Manager:

  • Federico Ledesma
  • Diego Macchi
  • Jorge Moto

Full Stack Developers:

  • Elio Esis
  • Manuel Padiilla
  • Luis Restrepo
  • Mariano Molina
  • Alfred Vilsmeier

Smart Contract Developers:

  • Manuel Padiilla
  • Luis Restrepo
  • Alfred Vilsmeier

DevOps Engineer:

  • Manuel Padiilla
  • Alfred Vilsmeier

Quality Assurance Specialist:

  • Mariano Molina

UI/UX Designer:

  • Elio Esis
  • Manuel Padiilla

Agustín Franchella, Project Manager

Agustín has been involved in the Cardano community for several years and has contributed to various open-source projects. Deep understanding of blockchain technology and extensive experience in project management. Python enthusiast.

Experience in Cardano:

  • Cardano Ambassador.
  • RatsDAO Co-Founder.
  • SPO [1MATE].
  • MAYZ Co-Founder.
  • Cardano Related YouTube Channel in Spanish "Crypto Latinoamérica" <https://www.youtube.com/@cryptolatinoamerica9459/featured>.

Links:

  • LinkedIn: <https://www.linkedin.com/in/afranchella/>
  • Twitter: <https://twitter.com/agustinenada>
  • GitHub <https://github.com/Agustinblockchain>

Diego Torres, Corporate Financial Expert

He is a corporate financial expert with years of experience in the private sector and the academic environment. He provides overall strategic direction and leadership for the project. He ensures the project aligns with the team's vision and goals and manages stakeholder relationships.

Experience in Cardano:

  • Cardano Ambassador.
  • RatsDAO Co-Founder.
  • SPO [1MATE].
  • MAYZ Co-Founder.
  • Podcast Bitcoin para Todos

Links:

Federico Ledesma, Business Developer

Stake Pool Operator [1MATE]. Business Manager with expertise in multiple environments and over ten years in the blockchain. Blockchain enthusiast since 2013 plan.

Experience in Cardano:

Links:

Diego Macchi, Partnership Advisor, and Business Development

Diego has been actively involved in Bitcoin and Cardano Community since 2019. He has contributed to AnetaBTC, Yamfore, and TosiDrops.

Experience in Cardano:

Links:

LinkedIn

Twitter

Luis Restrepo, Blockchain Developer & Techonology advisor and Educator

Luis Restrepo brings 20 years of experience working in multi-cultural environments and in several initiatives in technology and in Cardano Blockchain. Starting as a Stake Pool Operator (Ticker: Moxie), his journey in Cardano has been full of initiatives and projects from DeFi protocols to educational platforms focused on the Latin American community.

Experience in Cardano:

• Cardano Developer Professional instructor at Emurgo Academy. Instructor of the Cardano deep dive concepts and Plutus Smart Contracts development.

• EdTech platform for Latam - Ayllu Academy developer. Integrating Cardano blockchain and Smart Contract developer with the platform.

• Python Library, React interface, and AWS IOT Architecture to communicate and interact with the blockchain

• Member founder of a startup company for tree tokenization project in Colombia, South America, and CO2 retention incentives.

• SPO in Cardano Blockchain. Ticker: MOXIE.

• Known programming languages: SQL, Python, JavaScript, TypeScript, Haskell, Plutus.

Links:

Mariano Molina, Golang Developer, Quality Assurance & Testing

Experienced Senior Golang Developer with over 16 years of experience in software development. Strong background in Go programming language and a passion for staying current with the latest technology trends. Proven ability to lead and mentor development teams to deliver high-quality software on time and within budget.

Links:

  • LinkedIn
  • Github: <https://github.com/molinama>

Manuel Padilla, Lead Software Engineer & Blockchain Specialist

Versatile system engineer with a Bachelor's degree in Technology from the National Technological University. Having a plethora of programming languages under their belt, including but not limited to SQL, Basic, C, C++, VB, .NET, Java, JavaScript, TypeScript, Python, and Haskell, He brings over 13 years of experience in web development and software engineering.

Experience in Cardano:

  • Protofire (April 2023 - Present): Currently working as a Software Engineer, focusing on blockchain technologies, including Cardano, Plutus, DeFi, and DApps.
  • MAYZ Protocol *(*October 2022 - Present): Involved in full-stack blockchain development, specializing in Cardano, Plutus, and Haskell.
  • RATS DAO (January 2022 - Present): Serving as a Web Developer, DApp Developer, and Blockchain Developer, primarily focusing on Cardano, Plutus, and Haskell.
  • ALDEA DAO (January 2022 - Present): Fulfilling roles as a Web Developer, DApp Developer, and Blockchain Developer, with a primary emphasis on Cardano, Plutus, and Haskell technologies

dApps:

  • <https://aldea-nft-marketplace.vercel.app/>
  • <https://staking.ratsdao.io/>

Links

  • LinkedIn: <https://www.linkedin.com/in/manuel-ale-padilla/>
  • GitHub: <https://github.com/manupadillaph/>

Alfred Vilsmeier

He is a highly skilled tech enthusiast with over 22 years of experience in the IT field. Alfred is well-versed in various areas, including scripting, Database Administration, Networking, Security, and Cardano node management. With his extensive experience, proficiency in various domains, and a keen interest in blockchain development, Alfred is well-equipped to tackle complex challenges and contribute to the advancement of technology in the ever-evolving landscape of the IT industry.

Experience in Cardano:

  • SPO TOPO (July 2020 - Present): Contributes to securing the Cardano network.
  • MAYZ Protocol (2022 - Present): ISPO tracking system and other operational tasks.
  • RATS DAO (2022 - Present): Dev for multiple projects.
  • ALDEA DAO (2021 - Present): Founding member of the ALDEA SPO’s group, helped with some security, DevOps

Links:

Elio Esis, Web Developer

Web developer with experience in vanilla JS, REACT, Angular, NextJs, and TypeScript. Knowledge of Node ExpressJS and Java Spring backend. Development of static and dynamic responsive pages. Web developer experience in Cardano Blockchain using Lucid-Cardano, interaction with the wallet, and assembly of transactions.

Links:

  • Linkedin
  • <https://github.com/esis8>
  • <https://github.com/shito8>

Jorge Moto, Business Development & Operations

Business and Technical Operations with years of experience in the SaaS industry. Jorge brings his IRL business and technical experience to the blockchain since 2021. Ability to adapt and take on different roles to ensure the success of the projects.

Experience in Cardano:

  • Space Troopers (P2E game) - Co-owner
  • MAYZ Team - BizDev/Community

Links:

  • LinkedIn: <https://www.linkedin.com/in/jorgemoto>

  • Twitter: <https://twitter.com/trotamoto>

    [RESOURCES & VALUE FOR MONEY] How does the cost of the project represent value for money for the Cardano ecosystem?

The project's cost represents value for money for the Cardano ecosystem based on several factors. Firstly, the costs have been determined by considering the complexity and scale of the project, as well as the expertise required from the team members involved. The roles and their corresponding hourly rates have been evaluated about the skills, experience, and market rates for similar positions in the industry (https://www.ziprecruiter.com/Salaries/Freelance-Salary-per-Hour).

It is essential to consider the value that the project aims to deliver to the Cardano ecosystem. The project involves the integration of innovative functionalities, such as Open Order Contracts and Delegation Contracts, which will enhance user engagement and interaction within the ecosystem. By streamlining user experiences, creating new trading opportunities, and fostering community engagement, the project has the potential to drive adoption, attract new users, and contribute to the growth of the Cardano ecosystem.

Furthermore, the project's costs can be seen as an investment in the long-term success and sustainability of the Cardano ecosystem. The expertise and skills of the team members, along with their track record of successful projects and experience in the industry, contribute to the quality and effectiveness of the deliverables. This, in turn, increases the likelihood of achieving the desired outcomes and generating value for the Cardano ecosystem and its stakeholders.

In determining the costs, factors such as the average wage in the country or typical freelance rates in the industry have been considered as benchmarks to ensure fair and competitive compensation for the team members. Additionally, the costs have been aligned with the complexity and scope of the project, reflecting the effort and resources required to achieve the project goals.

Overall, the project's costs are proportional to the value it aims to deliver, and the expertise and skills of the team members, along with their proven track record, support the notion that the project represents value for money for the Cardano ecosystem.

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