Please describe your proposed solution

Objective: Develop a Telegram mini-app for real-time cryptocurrency portfolio tracking, customizable alerts, market news updates, and detailed performance analytics.

Key Features:

1. Real-Time Price Updates
2. Track prices of various cryptocurrencies in real-time from multiple exchanges.
3. Display accurate and up-to-date market data.
4. Portfolio Management
5. Add and manage cryptocurrency holdings.
6. Automatically update portfolio value based on real-time prices.
7. Provide an overview of current holdings and their values.
8. Customizable Alerts
9. Set price alerts for specific cryptocurrencies.
10. Receive notifications for significant percentage changes in portfolio value.
11. Market News and Updates
12. Aggregate news from various sources related to the cryptocurrency market.
13. Send notifications about important events, such as hard forks and regulatory updates.
14. Performance Analytics
15. Provide detailed performance metrics (daily, weekly, monthly, all-time).
16. Visualize portfolio performance through charts and graphs.
17. Access historical price data for analysis.
18. User-Friendly Interface
19. Utilize intuitive commands for easy interaction (e.g. add holding, set alert, view portfolio, get news).
20. Ensure a clean and navigable interface for seamless user experience.
21. Integration with Exchanges
22. Enable API integration with popular exchanges for automatic import of transactions.
23. Offer manual entry options for users who prefer not to link exchange accounts.
24. Security and Privacy
25. Implement data encryption and secure API calls.
26. Offer anonymity options for users concerned about privacy.

Please define the positive impact your project will have on the wider Cardano community

1. Increased User Engagement with Cardano:
2. The Telegram Crypto Portfolio Tracker will make it easier for users to manage their Cardano assets, track market trends, and stay informed about the latest developments in the ecosystem. This increased accessibility and convenience will drive higher engagement and usage of Cardano-based assets and services.
3. Promotion of Cardano Adoption:
4. By providing a user-friendly platform for managing and monitoring cryptocurrency investments, the project will attract new users to the Cardano ecosystem. As more people begin to use the app, it will serve as an entry point for users who might not have otherwise engaged with Cardano, thereby expanding the community.
5. Educational Opportunities:
6. The app will include features that provide users with educational content about Cardano and blockchain technology. This will help users to better understand the benefits of Cardano, encouraging more informed participation in the ecosystem.
7. Community Building:
8. The project will facilitate the creation of a vibrant community within the app, where users can share insights, ask questions, and collaborate on Cardano-related topics. This sense of community will strengthen the bonds among Cardano users and create a more unified and supportive environment.
9. Open Source Contribution:
10. By making the project open source, it will contribute to the broader Cardano developer community. Other developers will be able to learn from, build upon, and contribute to the project, fostering innovation and collaboration within the ecosystem.
11. Economic Empowerment:
12. The app will empower users to make informed decisions about their investments, potentially leading to better financial outcomes. This economic empowerment aligns with Cardano’s broader mission of promoting financial inclusion and sovereignty.
13. Alignment with Cardano’s Vision:
14. The project supports Cardano's vision of creating a decentralized and inclusive financial system. By developing a tool that helps users manage their assets and stay informed, the project contributes to the long-term sustainability and growth of the Cardano ecosystem.

Summary

The Telegram Crypto Portfolio Tracker mini-app will have a positive impact on the wider Cardano community by driving user engagement, promoting adoption, fostering education, building community, supporting open-source contributions, and empowering users financially, all while aligning with Cardano's core values and vision.

What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?

Our team is composed of experienced professionals who bring a wealth of knowledge and expertise, particularly in the Cardano ecosystem and related technologies:

1. Henok Yitayale - Lead: Henok is leading the project, bringing exceptional leadership and strategic oversight. His experience in managing blockchain projects ensures the team remains focused on key goals and delivers high-quality outcomes.
2. Kaleab Hailemeskel - Software Engineering: Kaleab is responsible for the software engineering aspect of the project. With significant experience in blockchain development and software systems, he is well-equipped to handle the technical challenges of integrating Cardano's blockchain capabilities into the gaming platform.
3. Yosef Ferede - Management: Yosef is overseeing the project’s management, ensuring smooth operations, resource allocation, and that all timelines are met. With extensive management experience, he ensures that the project remains efficient and effective.
4. **Fithamlak Teklegenet - Marketing Lead:**Fithamlak is an experienced marketer responsible for promoting the platform to a broad audience, including the Cardano community and beyond. She will develop marketing strategies, manage community engagement, and run promotional campaigns that drive user acquisition. Her role is crucial for building a vibrant community of users and increasing the platform's visibility.
5. **Surafel Negusse - On-Chain Programmer:**Surafel is the project’s on-chain programmer, responsible for integrating blockchain functionality, specifically on the Cardano network. He will work on smart contract development, on-chain task validation, and secure transactions. His expertise ensures that the blockchain components are reliable, secure, and efficiently implemented.

To ensure the success of our Reward-Driven Gaming Platform, we plan to hire highly skilled professionals who bring deep expertise in relevant areas such as blockchain development, game design, and user experience. We are focusing on assembling a team with a balance of strong technical skills and proven experience in the Cardano ecosystem. Here's our approach to hiring and collaboration:

1. Hiring Highly Skilled Professionals

• Blockchain Developers: We aim to recruit blockchain developers with extensive experience in smart contract development, security, and decentralized application (dApp) architecture. These developers will ensure that the platform’s reward mechanisms and gaming features are seamlessly integrated into the Cardano blockchain.
• Game Developers and Designers: In addition to blockchain expertise, we plan to hire game developers with a proven track record of creating engaging, interactive, and user-friendly gaming experiences. Designers will focus on creating a compelling user interface that drives engagement and user retention.
• Data Analysts and Backend Developers: Skilled professionals in data analysis and backend development will ensure that the platform runs efficiently, handling large volumes of user data and transactions with optimal performance.

2. Collaborating with Experienced Cardano Developers

• Experienced Cardano Developers: We are exploring opportunities to collaborate with developers who have been actively involved in the Cardano ecosystem for a long time. These developers possess in-depth knowledge of Cardano’s blockchain structure, smart contract deployment, and the broader technical environment. Their insights will be invaluable in ensuring our platform is aligned with Cardano’s best practices and cutting-edge developments.
• Partnerships with Cardano-Specific Teams: We also intend to form strategic partnerships with teams or individuals who have successfully deployed projects on Cardano, such as those who have built decentralized finance (DeFi) solutions, non-fungible token (NFT) projects, or other decentralized platforms. These partnerships will allow us to leverage their experience and expertise to accelerate our development and adoption process.

3. Key Skills Sought in Candidates

• Proficiency in Haskell/Plutus: Candidates with a strong command of Haskell and Plutus (languages used for Cardano smart contracts) will be highly prioritized.
• Experience with Decentralized Applications (dApps): We are looking for developers who have successfully built and deployed dApps, particularly on Cardano.
• Security and Scalability: Developers with a focus on building secure, scalable solutions will play a critical role in ensuring that the gaming platform can handle large user volumes while maintaining security standards.
• Cross-Platform Development: Developers with experience in building applications that work across web and mobile platforms will be crucial for delivering a seamless gaming experience to all users.

4. Ensuring Long-Term Success

• By hiring and collaborating with experienced professionals, including those who have been in the Cardano ecosystem for an extended period, we will be able to develop a platform that not only functions effectively but also integrates with Cardano’s long-term vision. These experts will help us navigate technical challenges, improve user experiences, and remain adaptive to changes in the ecosystem.

This hiring strategy ensures that we have the right mix of talent—both in-house and through collaborations—fostering innovation, quality development, and a scalable, secure platform that meets the needs of the Cardano community.

Hiring Strategy for Additional Team Members

Identifying Project Needs

1. Development Needs

• Backend Developers:
• Required for building and maintaining the server-side logic, database management, and API development.
• Skills: Proficiency in programming languages like Python, Node.js, or Java, experience with databases (SQL/NoSQL), and understanding of API integration.
• Frontend Developers:
• Needed to create and refine the user interface and ensure a seamless user experience.
• Skills: Expertise in HTML, CSS, JavaScript, and frameworks like React or Angular.
• Telegram Bot Developers:
• Specialized in creating bots that function within the Telegram ecosystem.
• Skills: Familiarity with the Telegram Bot API, bot development best practices, and experience with Python or Node.js.

2.Security Needs

• Security Specialists:
• Essential for conducting security audits, implementing data encryption, and ensuring overall security of the application.
• Skills: Knowledge in cybersecurity, experience with encryption protocols, and familiarity with best practices in data protection.

3.Quality Assurance Needs

• QA Engineers:
• Responsible for testing the application, identifying bugs, and ensuring all features work as intended.
• Skills: Experience in manual and automated testing, familiarity with testing tools and frameworks, and attention to detail.

4.Marketing and User Support Needs

• Marketing Specialists:
• To develop and execute marketing strategies, manage social media presence, and engage with the user community.
• Skills: Experience in digital marketing, social media management, and community engagement.
• User Support Specialists:
• To provide support to users, handle queries, and ensure a positive user experience.
• Skills: Strong communication skills, experience in customer support, and familiarity with the product.

Hiring Process

1. Job Descriptions and Requirements
2. Detailed job descriptions will be created for each role, specifying the required skills, experience, and responsibilities.
3. Requirements will be based on the project scope, technical needs, and expected outcomes.
4. Recruitment Channels
5. Use various recruitment channels, including job boards, professional networks (LinkedIn), and developer communities.
6. Engage with specialized staffing agencies if necessary to find highly skilled candidates.
7. Screening and Interviewing
8. Conduct initial screening of resumes to shortlist candidates with relevant experience and skills.
9. Perform technical interviews, including coding tests and problem-solving assessments for developers.
10. Conduct behavioral interviews to assess cultural fit and team compatibility.
11. Onboarding and Integration
12. Onboard new hires with a comprehensive orientation program to familiarize them with the project goals, team structure, and workflows.
13. Integrate them into the existing team, ensuring clear communication and collaboration from the start.

What are the key milestones you need to achieve in order to complete your project successfully?

Milestone 1: Project Planning and Research (Month 1)

• Finalize project scope and features.
• Conduct market research on user needs, focusing on asset tracking and educational tools.
• Set up project management and collaboration tools.
• Complete recruitment of necessary developers and team members.

Milestone 2: UI/UX Design and Prototype Development (Month 1)

• Design the user interface (UI) and user experience (UX) for the Telegram mini-app.
• Create wireframes and mockups for the portfolio tracker and educational insights feature.
• Develop a working prototype to test with a small user base for feedback.

Milestone 3: Backend and Telegram Integration (Month 2-3)

• Set up the backend infrastructure for asset tracking and real-time updates.
• Integrate the Telegram bot with Cardano price feeds and API data.
• Begin building the education module, including content management and delivery within Telegram.
• Ensure security protocols are in place for data handling and user privacy.

Milestone 4: Full Development and Testing (Month 3-4)

• Complete development of the Telegram mini-app, including asset tracking, notifications, and educational tools.
• Conduct beta testing with selected users for feedback on functionality, performance, and user experience.
• Optimize features based on beta testing feedback and resolve any bugs or issues.

Milestone 5: Launch and Marketing (Month 5)

• Launch the app to the public, focusing on the Cardano community and broader crypto users.
• Execute a marketing campaign that includes social media outreach, partnerships with influencers, and collaborations within the Cardano ecosystem.
• Provide educational webinars and content to introduce users to the app’s features and the Cardano ecosystem.

Final Milestone: 1. Post-Launch Monitoring and Updates (Month 5 and beyond)

• Continuously monitor app performance, user feedback, and any emerging bugs or issues.
• Release updates and new features as needed, such as additional portfolio tools or enhanced educational content.
• Expand marketing efforts to reach a broader audience, including newcomers to crypto and those unfamiliar with Cardano.

These milestones ensure structured development, user-focused testing, and timely delivery while keeping the project aligned with its goals of improving accessibility and education within the Cardano ecosystem.

Who is in the project team and what are their roles?

Project Team and Their Roles

Our project team consists of highly experienced professionals, each bringing a specific set of skills to ensure the successful development and launch of the Reward-Driven Gaming Platform:

1. Henok Yitayale - Project Lead:
2. Henok oversees the entire project, providing strategic direction and leadership. His role includes aligning the team’s efforts with the project’s goals, managing resources, and ensuring that timelines are met. Henok’s experience in blockchain project leadership will guide the team through key milestones and ensure the platform delivers value to its users and the broader Cardano community.
3. Kaleab Hailemeskel - Software Engineering Lead:
4. Kaleab is responsible for the technical development of the platform, focusing on backend infrastructure, system architecture, and the integration of Cardano’s blockchain. His deep experience in software engineering ensures that the platform is secure, scalable, and optimized for high performance.
5. Yosef Ferede - Management:
6. Yosef handles the day-to-day management of the project, including overseeing team operations, ensuring efficient communication, and managing timelines and deliverables. His strong management background ensures that the project is running smoothly, and any issues are addressed promptly.
7. Fithamlak Teklegenet - Marketing Lead:
8. Fithamlak is an experienced marketer responsible for promoting the platform to a broad audience, including the Cardano community and beyond. She will develop marketing strategies, manage community engagement, and run promotional campaigns that drive user acquisition. Her role is crucial for building a vibrant community of users and increasing the platform's visibility.
9. Surafel Negusse - On-Chain Programmer:
10. Surafel is the project’s on-chain programmer, responsible for integrating blockchain functionality, specifically on the Cardano network. He will work on smart contract development, on-chain task validation, and secure transactions. His expertise ensures that the blockchain components are reliable, secure, and efficiently implemented.

Key Roles and Impact

• Leadership and Strategy: Henok’s leadership ensures that the project moves forward with a clear vision and strategy, while Yosef manages the operational aspects to keep everything on track.
• Technical Expertise: Kaleab and Surafel bring critical technical skills in software engineering and blockchain development, making sure that the platform operates smoothly and securely on the Cardano blockchain.
• Marketing and User Engagement: Fithamlak’s experience in marketing will play a pivotal role in driving user engagement, ensuring that the platform attracts a broad and active user base from the Cardano ecosystem and beyond.

By bringing together professionals with expertise in leadership, management, software development, blockchain programming, and marketing, our team is well-equipped to deliver a high-quality, engaging platform that leverages the strengths of Cardano’s blockchain technology.

Please provide a cost breakdown of the proposed work and resources

Cost Breakdown for the Telegram Crypto Portfolio Tracker Mini-App

Total Budget: $50,000 ADA at 0.34

1. Project Planning and Initial Setup (Month 1)

• Project Manager (1 Month): $5,000
• Administrative Costs (e.g., tools, setup): $1,000
• Subtotal: $6,000

2. Research, Design, and Initial Development (Month 1)

• UX/UI Designer (1 Month): $4,000
• Initial Research and Design Costs: $1,500
• Subtotal: $5,500

3. Backend and Bot Development (Month 2-3)

• Lead Backend Developer (2 Months): $8,000
• Lead Frontend Developer (2 Months): $8,000
• Telegram Bot Developer (2 Months): $8,000
• API and Data Integration Costs: $2,000
• Subtotal: $26,000

4. Frontend Development and Integration (Month 3)

• Lead Frontend Developer (Continued, 1 Month): $4,000
• Integration Costs: $1,500
• Subtotal: $5,500

5. Market News, Analytics, and Security Enhancements (Month 4)

• Security Specialist (1 Month): $4,000
• Market News and Analytics Integration: $1,500
• Subtotal: $5,500

6. Testing, Documentation, and User Support (Month 4-5)

• QA Engineer (1 Month): $4,000
• Documentation Specialist (1 Month): $3,000
• User Support Setup: $1,000
• Subtotal: $8,000

7. Launch and Post-Launch Monitoring (Month 5)

• Marketing and Community Manager (1 Month): $4,000
• Marketing and Launch Costs: $1,500
• Post-Launch Monitoring and Updates: $1,000
• Subtotal: $6,500

Summary

• Project Planning and Initial Setup: $6,000
• Research, Design, and Initial Development: $5,500
• Backend and Bot Development: $26,000
• Frontend Development and Integration: $5,500
• Market News, Analytics, and Security Enhancements: $5,500
• Testing, Documentation, and User Support: $8,000
• Launch and Post-Launch Monitoring: $6,500

Total Cost: $50,000

This breakdown ensures that all aspects of the project are covered within the $50,000 budget, including development, design, security, testing, and marketing.

No dependencies

How does the cost of the project represent value for money for the Cardano ecosystem?

Positive Impact on the Wider Cardano Community

1. Enhanced User Engagement and Adoption
2. Increased Accessibility: By providing an easy-to-use Telegram mini-app for managing cryptocurrency portfolios, the project will make it simpler for users to interact with the Cardano blockchain, thereby attracting new users to the ecosystem.
3. Improved User Experience: The app will offer real-time updates, market news, and analytics, making it easier for users to manage their investments. This enhanced user experience can increase satisfaction and retention rates.
4. Education and Awareness
5. Informed Decisions: Users will have access to reliable and up-to-date information about their investments, which will help them make more informed decisions.
6. Educational Resources: The app can include educational content about the Cardano ecosystem, blockchain technology, and cryptocurrency investments, helping to raise awareness and understanding among users.
7. Community Building
8. User Engagement: Features such as community discussions, user feedback, and support channels within the app will foster a sense of community among users, encouraging collaboration and knowledge sharing.
9. Promoting Cardano Projects: The app can highlight and promote various Cardano-based projects, providing them with greater visibility and helping them to gain traction within the community.
10. Supporting Developers and Entrepreneurs
11. Showcasing Capabilities: By integrating with the Cardano blockchain, the project will demonstrate the capabilities and flexibility of Cardano’s technology, inspiring other developers and entrepreneurs to build their own projects on the platform.
12. Open Source Contributions: Making the project open source will allow other developers to learn from and build upon the work, fostering innovation and collaboration within the Cardano developer community.
13. Economic Impact
14. Job Creation: The project will create job opportunities for developers, marketers, and other professionals, contributing to the broader economy.
15. Investment Attraction: A successful app can attract more investors to the Cardano ecosystem, potentially increasing the overall value and stability of the Cardano cryptocurrency.
16. Alignment with Cardano’s Mission
17. Decentralization and Transparency: By developing an open-source project, the team aligns with Cardano’s mission of fostering a decentralized and transparent ecosystem.
18. Empowering Users: The app empowers users by providing them with the tools and information they need to manage their investments independently, promoting financial inclusion and self-sovereignty.
19. Positive Social Impact
20. Financial Inclusion: By simplifying access to cryptocurrency investments, the project can help people from various backgrounds and regions to participate in the digital economy, promoting financial inclusion.
21. Supporting Sustainable Development: The project’s alignment with certain Sustainable Development Goals (SDGs), such as fostering innovation and building resilient infrastructure, contributes to broader societal goals.

Conclusion

The Telegram Crypto Portfolio Tracker mini-app will have a multifaceted positive impact on the Cardano community by enhancing user engagement, fostering education and community building, supporting developers and entrepreneurs, contributing to economic growth, and aligning with Cardano’s mission of decentralization and transparency. This holistic approach ensures that the project not only benefits its direct users but also contributes to the broader Cardano ecosystem and society as a whole.