Please describe your proposed solution

Problem

In the current Cardano governance system, there is a disconnect between dReps (delegated representatives) and delegators. Delegators often find it difficult to stay informed and actively participate in governance decisions. This disconnect is exacerbated by the absence of integrated governance tools within platforms that users are already familiar with, like Web2 social platforms. The existing tools for delegation, voting, and communication are fragmented, requiring users to navigate different interfaces and platforms, resulting in inefficiency and poor engagement. Additionally, complexities related to transaction fees (gas fees) and technical understanding make it even harder for non-technical users to participate effectively.

Solution

Our solution is to create a Telegram Smart Wallet that integrates governance tools within the familiar Web2 social platform of Telegram. This wallet will provide a seamless and user-friendly experience for both dReps and delegators, allowing them to easily vote, communicate, and delegate in a fully abstracted, gasless, and intuitive manner. By using Account Abstraction, the wallet will remove the complexities of blockchain interaction, making governance participation as simple as using a messaging app.

The Telegram Smart Wallet will enable the following key features:

1. Voting: Delegators will be able to cast their votes on governance proposals directly from Telegram, with real-time updates and notifications.
2. Communication: The wallet will provide a direct communication channel between dReps and their delegators, enabling discussions, updates, and governance-related interactions in one place.
3. Delegation: Delegators will be able to easily delegate their voting power to dReps, and dReps will have tools to manage their delegations within the app.
4. Gasless Transactions: Through Account Abstraction, we will enable gasless transactions, ensuring users can vote and delegate without worrying about transaction fees.
5. Intuitive UI/UX: The interface will be designed for simplicity, allowing even non-technical users to easily participate in governance activities without needing deep knowledge of blockchain technology.

How It Will Work (Technical Overview)

• Telegram Integration: The wallet will be embedded directly into Telegram, allowing users to access governance tools without leaving the app. It leverages Telegram’s APIs for seamless interaction and notifications, making governance tasks part of daily messaging routines.
• Account Abstraction: The wallet will use Account Abstraction to handle private keys and gas fees behind the scenes. Users interact with the blockchain through simple actions (e.g., tap-to-vote).
• Smart Wallet Features: Core features include real-time governance notifications, an intuitive dashboard showing active proposals, voting deadlines, and delegation tools. Users can also monitor voting history and dRep performance.
• Gasless Transactions: Meta-transactions or protocol-level sponsorship will cover gas fees, enabling users to vote and delegate without holding ADA for fees, lowering the barrier for governance participation.
• Communication Layer: Integrated communication tools allow dReps to send updates and broadcasts directly to delegators via Telegram. Delegators can engage with dReps, ask questions, and receive timely updates, ensuring a transparent governance flow.

Who Will Benefit

• Delegators will benefit from an easy-to-use interface for managing their votes, delegations, and communication with dReps, all in one place without dealing with technical hurdles.
• dReps will gain a more effective and interactive platform to manage their delegations, allowing them to better engage with the people they represent and manage their governance activities more efficiently.
• Cardano Ecosystem will benefit from increased governance participation, as this project lowers the entry barrier, engages more users, and fosters a transparent and active community.

Why This is Important for Cardano

Cardano’s governance model is central to its mission of decentralization and community-driven development. However, without proper tools that cater to both technical and non-technical users, participation in governance will remain low, potentially hindering Cardano’s growth and evolution. Our Telegram Smart Wallet solution addresses this gap by making governance participation seamless, accessible, and familiar to a wide user base. This will increase the overall engagement in governance, driving more thoughtful decision-making and ensuring the community has a more active voice in shaping the future of the network.

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

Impact

Our project will significantly enhance governance participation within the Cardano community by providing an easy-to-use, gasless solution for dReps and delegators through a familiar platform like Telegram. The seamless integration of governance tools will encourage both technical and non-technical users to engage more actively in voting, delegation, and communication, leading to higher engagement and more informed decision-making.

Measuring Impact:

• Quantitative: We will track metrics such as the number of users onboarded, votes cast, delegations made, and the frequency of dRep-delegator interactions through the app.
• Qualitative: We will gather user feedback on ease of use, transparency, and satisfaction through surveys and in-app feedback mechanisms.

Sharing Outputs:

• Community Updates: We will regularly share usage statistics, governance participation rates, and improvements with the Cardano community via forums, Catalyst updates, and social media.
• Open-Source Contribution: The smart wallet solution will be open-sourced, allowing other developers in the Cardano ecosystem to build upon or integrate our solution into their own tools.

By simplifying governance participation, our solution will foster a more engaged, informed, and active Cardano community, supporting the network's long-term growth and decentralization.

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?

eam Expertise and Background

Raihan Khan and Amaan Khan bring over 7 years of combined experience in product development, specializing in Full Stack Development, Cardano, and cybersecurity. Raihan, as the tech lead at PinkSurfing, has a strong foundation in JavaScript, React, Node.js, and MongoDB, while Amaan's expertise lies in web3, blockchain, AI, and the MERN stack.

Project Delivery and Fund Management

• Structured Development Process: Our approach involves rigorous planning, development, testing, and deployment phases with clear milestones and deliverables.

• Open Communication: We commit to maintaining open lines of communication with stakeholders through regular updates via social media, project reports, and community forums.

• Financial Oversight: Implementing detailed budgeting, regular audits, and transparent reporting ensures proper fund management and accountability.

• Validation and Testing: Prototypes will be deployed in controlled environments for validation, with feedback used iteratively to improve the concept.

• Community Engagement and Feedback: Continuous engagement with the Cardano community ensures alignment with user needs and expectations through beta testing and feedback collection.

Conclusion

With over 7 years of combined experience in product development and a robust project management approach, our team is highly capable of successfully conceptualizing ReStake Protocol with trust and accountability, contributing significantly to the growth of the Cardano community.

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

Milestone 1: Milestone 1: Design Architecture

• A: Milestone Outputs
• Comprehensive system architecture design for the Telegram Smart Wallet.
• Detailed technical specifications including system components, data flow diagrams, and integration points with Telegram.
• Scalability and security guidelines for governance interactions.
• B: Acceptance Criteria
• Complete architectural blueprint and specifications covering all core components: voting, delegation, communication, and gasless transactions.
• Documentation of scalability expectations and security measures.
• C: Evidence of Milestone Completion
• Published architectural blueprint and technical specification documents shared with stakeholders.

Milestone 2: Milestone 2: Prototype Development

• A: Milestone Outputs
• Initial working prototype of the Telegram Smart Wallet with basic functionalities for voting and delegation.
• User interface design mockups demonstrating core features.
• B: Acceptance Criteria
• Successful internal testing of the prototype to ensure core functionalities operate as intended.
• Feedback from initial users collected and analyzed.
• C: Evidence of Milestone Completion
• Prototype demonstration video and user feedback report.

Milestone 3: Milestone 3:

Milestone 3: Testing

A: Milestone Outputs

• Comprehensive test suite including unit tests, integration tests, and system tests.
• Performance testing results and optimization reports.
• Usability testing reports and user experience improvements.

B: Acceptance Criteria

• All tests (unit, integration, system) pass with at least 95% coverage.
• Performance metrics meeting predefined benchmarks.
• Positive feedback from usability testing; all identified UX issues addressed.

C: Evidence of Milestone Completion

• Test reports detailing coverage and results.
• Usability test findings and documentation of UX enhancements.

Final Milestone: Milestone 4: Project Close-out

• A: Milestone Outputs
• Final project report summarizing achievements, challenges, and user engagement statistics.
• Closure video showcasing the completed Telegram Smart Wallet and its features.
• B: Acceptance Criteria
• Submission of the project report and video to Catalyst reviewers for approval.
• Positive feedback from the Cardano community regarding the wallet's usability.
• C: Evidence of Milestone Completion
• Published project close-out report and video shared with the Cardano community.

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

Amaan Khan is a full-stack developer, Opshin developer, and cybersecurity enthusiast with four years of professional experience. He has worked on numerous innovative projects across web3, blockchain, artificial intelligence, and the MERN stack. Amaan has successfully completed a variety of freelancing projects, delivering exceptional solutions to his clients. In addition to his development work, he runs a graphic design company, where he collaborates with his team to provide creative and impactful solutions.

Furthermore, Amaan is passionate about cybersecurity and shares his knowledge through a dedicated channel. On this platform, he creates informative content covering topics such as blockchain, AI, and cybersecurity, helping to spread awareness and educate people about these critical areas. His diverse skills and commitment to both technology and education make him a valuable contributor to the tech community.

https://twitter.com/amaan_sec

https://www.instagram.com/amaan_sec/

<https://www.instagram.com/amaan.designlab/>

<https://amaancoderx.github.io/portfolio/>

<https://www.linkedin.com/in/amaan-khan-20292823a/>

Raihan Khan, a Full Stack and Blockchain Developer with a comprehensive 3+ years of background in developing scalable and efficient web applications. He is currently a tech lead at https://pinksurfing.com/. Armed with a Bachelor's degree in Computer Science from Rajshahi University, He have deep expertise in a range of technologies including JavaScript, React, Node.js, and MongoDB. His approach combines a keen understanding of user experience with robust backend logic to create seamless digital solutions that drive business success.

<https://www.instagram.com/theraihhan/>

<https://www.linkedin.com/in/raihan-khan-07a1aa21b/>

Please provide a cost breakdown of the proposed work and resources

Milestone 1: Research (25,000 ADA)

• Project Manager: 5,000 ADA
• Protocol Architecture: 9,000 ADA
• Lead Developer: 8,000 ADA
• Technical Writers: 3,000 ADA

Milestone 2: Design (20,000 ADA)

• Project Manager: 5,000 ADA
• Protocol Architecture: 8,000 ADA
• Lead Developer: 5,000 ADA
• Technical Writers: 2,000 ADA

Milestone 3: Testing (25,000 ADA)

• Project Manager: 3,000 ADA
• Backend Developers (2): 10,000 ADA
• QA Engineers: 10,000 ADA
• Technical Writers: 2,000 ADA

Milestone 4: Development and Launch (25,000 ADA)

• Project Manager: 5,000 ADA
• Backend Developers (2): 10,000 ADA
• Deployment Specialist: 5,000 ADA
• Marketing Manager: 5,000 ADA

No dependencies.

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

The cost of the project, set at 95,000 ADA, represents significant value for money for the Cardano ecosystem, taking into account the following factors:

Expertise in Cardano: The project necessitates skilled professionals with specialized knowledge of the Cardano blockchain &amp; ecosystem.

These skills are in high demand and command premium rates. The budgeted costs are aligned with industry standards for such expertise.

• Efficient Resource Allocation: The proposed costs for conceptualizing this idea on the Cardano blockchain are carefully evaluated to ensure efficient resource allocation. By leveraging existing infrastructure and expertise within the Cardano community, the project minimizes unnecessary expenditures while maximizing the impact of the investment.

• Feasibility Assessment: The costs are determined based on a thorough feasibility assessment, taking into account factors such as development complexity, regulatory considerations, and market dynamics. This rigorous evaluation process minimizes the risk of budget overruns and ensures that the project remains financially viable throughout its lifecycle.

• Value Proposition: The costs of the proposal are justified by the potential value it brings to the Cardano ecosystem. The project has the potential to unlock new opportunities for growth and development, ultimately delivering significant long-term value for stakeholders.

In summary, the costs associated with the proposal are justified by the efficient allocation of resources, community-driven development approach, thorough feasibility assessment, and the value proposition for the Cardano ecosystem.