Please describe your proposed solution

Proposed Solution Overview

The primary issue addressed by Tyyp is the absence of a secure, user-friendly, and decentralized mechanism for audiences to financially support content creators directly on social media platforms using Cardano's native assets, including ADA and other tokens. Traditional systems often involve complex interfaces, high fees, and intermediary control. Our solution, Tyyp, leverages the Cardano blockchain to facilitate direct tipping with these native assets, ensuring transparency and reducing transaction costs.

Approach and Rationale

We have chosen to develop a browser extension because it allows for seamless integration with existing social media interfaces, enabling users to tip creators without leaving the platform. This approach minimizes disruption to the user experience and broadens the potential user base by making cryptocurrency transactions accessible to non-expert users. By supporting all Cardano native assets, we not only utilize a cryptocurrency known for its robustness and low fees but also enhance the flexibility for users to engage with a variety of digital assets.

Engagement and Impact

Tyyp will engage content creators and their audiences across multiple social media platforms, beginning with Twitter and Reddit. Creators will benefit from direct financial support in their preferred Cardano native assets and increased engagement from their followers. Audiences will enjoy a more interactive relationship with creators, empowering them to contribute to the creators' success in tangible ways. The impact of Tyyp will be demonstrated through the volume of transactions processed, the number of users adopting the extension, and the qualitative feedback from both creators and users.

Unique Features and Benefits

Tyyp's dual-layer approach to handling transactions is unique. While primarily decentralized, Tyyp also offers a centralized system for users who treat cryptocurrency more like traditional funds—receiving donations without actively engaging with the crypto aspects. This system will operate under a DAO structure, where transaction fees generate revenue for DAO token holders. Additionally, the Cardano native assets stored in this centralized framework will be staked to generate passive income, creating a sustainable treasury that could support a buyback mechanism for the DAO tokens. This dual approach not only enhances the flexibility and appeal of Tyyp but also aligns with Cardano's principles of creating more decentralized financial ecosystems.

Significance to Cardano

Implementing Tyyp on the Cardano network underscores our commitment to promoting blockchain technology as a tool for social change. By facilitating practical applications of Cardano's native assets in everyday transactions, Tyyp will drive broader adoption of the Cardano platform, demonstrating its scalability and versatility. The project also aligns with Cardano's vision of enabling innovators and visionaries by providing them with the tools to make a difference in the world. This integration not only benefits individual users and creators but also strengthens the entire Cardano ecosystem.

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

Positive Impact on the Cardano Community

Tyyp will significantly enhance the Cardano ecosystem by promoting the use of Cardano's native assets in everyday social interactions, thereby increasing the utility and visibility of Cardano. By enabling direct tipping with Cardano native assets, Tyyp will foster a culture of direct support and financial empowerment within the digital content space. This directly aligns with Cardano's mission to provide more accessible and equitable financial services globally.

Measuring Impact

The impact of Tyyp will be measured through both quantitative and qualitative metrics:

Quantitative Metrics:

• Adoption Rates: Tracking the number of users downloading and actively using the Tyyp browser extension.
• Transaction Volume: Monitoring the total value and number of transactions conducted through Tyyp, reflecting increased usage of Cardano assets.

Qualitative Metrics:

• User Feedback: Regular surveys and feedback forms will be collected from users to gauge satisfaction and gather suggestions for improvements.
• Creator Testimonials: Gathering testimonials from content creators who have benefited from financial contributions through Tyyp.

Sharing Outputs and Opportunities

The success and outcomes of Tyyp will be openly shared with the community to ensure transparency and to foster collaboration:

• Development Milestones and Codebases: All source code will be made available on GitHub, allowing other developers to contribute, fork, or adapt the project for further innovation.
• Community Engagement: Regular updates will be shared via Cardano forums, Reddit, and other social media platforms. We will also engage with the community through AMAs (Ask Me Anything sessions), webinars, and participation in blockchain conferences.
• Educational Content: Creation of tutorials, guides, and blog posts explaining how to use Tyyp, the benefits of decentralized finance, and the specific advantages of using Cardano native assets.
• Stakeholder Reports: Detailed reports and analytics on usage and financial impacts will be prepared and shared with stakeholders, including token holders and the wider Cardano community.

Long-Term Contributions

By continuously engaging with the community and adjusting to feedback, Tyyp aims to be a sustainable and evolving project that not only supports Cardano's growth but also solidifies its role in the future of decentralized social media interactions.

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?

Capability to Deliver

I bring over 15 years of full-stack development experience across diverse platforms including cloud, gaming, mobile, and servers. My technical expertise is complemented by strong project management skills, demonstrated in my leadership of multiple developer teams across various projects.

Relevant Experience

As the founder of SAIB Inc., which specializes in blockchain technology, I have led the development of several innovative projects specifically on the Cardano platform. My involvement in the ecosystem is highlighted by collaborations with key entities such as TxPipe, dcSpark, and the Cardano Foundation, which underscore my deep commitment and contribution to the community. Additionally, I have a strong track record in running the ADAPH stake pool and actively contributing to and publishing open-source Cardano tools, enhancing the ecosystem's functionality and accessibility.

Trust and Accountability

To ensure accountability and trust:

• Transparent Budgeting and Reporting: We will maintain detailed, publicly accessible financial records and progress reports.
• Decentralized Governance: A DAO will manage the centralized part of Tyyp, ensuring democratic decision-making aligned with decentralization principles.
• Community Engagement: Regular updates, community forums, and direct stakeholder engagements will foster transparency and community trust.
• Iterative Development: A proof of concept will be followed by iterative testing, incorporating community feedback to refine Tyyp.

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

Milestone 1: Prototype Development

Objective: Develop a functional prototype of the Tyyp browser extension and backend system that enables direct tipping of Cardano native assets via Twitter. This prototype will focus on integrating with Twitter's interactive components, such as posts and comments.

Acceptance Criteria: Successful demonstration of the prototype allowing transactions between Twitter users within a controlled test environment.

Milestone 2: Design and Branding

Objective: Design and create comprehensive visual assets, including UI/UX layouts for the browser extension, branding elements like logos, website designs for product promotion, and essential marketing materials. The design will reflect the integration with Twitter to ensure a cohesive user experience.

Acceptance Criteria: Completion of all visual assets in alignment with the established branding guidelines and user experience objectives, specifically tailored to the Twitter platform.

Milestone 3: Implementation and User Experience Optimization

Objective: Integrate the visual designs into the Tyyp product for Twitter, ensuring a seamless and intuitive user interface that provides an excellent user experience on this specific platform.

Acceptance Criteria: A fully integrated system where designs are flawlessly implemented on Twitter, tested for user interaction, and optimized for ease of use and functionality on the social media platform.

Final Milestone: Final Reporting and Demonstration

Objective: Produce a comprehensive closing report and a detailed demonstration video that showcases the functionality and features of the Tyyp product, specifically how it operates on Twitter.

Acceptance Criteria: A detailed report documenting the development process, challenges encountered, solutions implemented, and a demonstration video that effectively communicates the product’s value and operation on Twitter to stakeholders and potential users.

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

The Team is from SAIB Inc. (https://saib.dev)

Team Lead: Clark Alesna - <https://www.linkedin.com/in/clarkalesna/>

Backend Engineer: Reza Jhay Lacanlale - https://www.linkedin.com/in/reza-jhay-lacanlale/

Frontend Engineer: Alphonzo Escolar - <https://www.linkedin.com/in/alphonzo-escolar-922b152a7/>

Marketing and Quality: Melissa Naomi Legara - <https://www.linkedin.com/in/misai-legara/>

Please provide a cost breakdown of the proposed work and resources

$11,500 USD for developers' salary for 3 months development.

$5,000 USD for designer costs.

$5,000 USD for marketing.

No dependencies.

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

The budget for the Tyyp project is structured around reasonable and expected salary rates for developers and staff in the respective countries where they are based. These rates are aligned with the average compensation for professionals with similar qualifications and experience in the software and blockchain development sectors, ensuring that the project is staffed by individuals capable of delivering high-quality results.

Cost Justification:

Development Costs: We have determined our rates by referencing the standard compensation for similar roles in the industry and region. This ensures that we remain competitive enough to attract skilled talent while adhering to budgetary constraints that reflect value for money within the ecosystem.

Proposed Timeline: The timeline for completing the Tyyp project is based on our comprehensive understanding of the scope and complexity involved in developing a browser extension integrated with Cardano's blockchain. Our estimate represents a sincere projection of the time required to deliver a polished and fully functional product, ensuring all features are rigorously tested and user-ready.