[SOLUTION] Please describe your proposed solution.
An SDK is the most convenient way to offer a seamless token-gating experience. Users don't have to leave the dapps and websites they are originally visiting, and the whole unlocking experience matches the branding of the solution that integrates the VAULT3 SDK.
This solution will offer a UI that's connected with our APIs to easily create token-gated spaces with customizable access conditions, and also the unlocking functionalities for token holders to access the exclusive content.
Our impact becomes evident as influencers, content creators, and organizations utilize and integrate VAULT3 to amplify their interaction with their communities, thus adding RealFi utility to native tokens effortlessly.
[IMPACT] Please define the positive impact your project will have on the wider Cardano community.
We are providing infrastructure to easily token-gate exclusive content and reward communities. This is especially relevant for creators and projects with tokens (FTs and NFTs).
We defined key success milestones based on the number of integrations, active users (content creators and receivers), and shared data (bandwidth) to measure the success of VAULT3.
Short-term KPIs (Q2 2024):
+ 5 integrations
+ 100 monthly active users
+ 100 GB shared (bandwidth)
Mid-term KPIs (Q4 2024):
+ 20 integrations
+ 1000 monthly active users
+ 10 TB shared (bandwidth)
Long-term KPIs (2025):
+ 100 integrations
+ 10000 monthly active users
+ 100 TB shared (bandwidth)
Since this project is developed by Cardano SPOs, our plan is to build strong partnerships within the Cardano ecosystem. VAULT3 should be a tool that won't only enhance the RealFi utility of Cardano's native assets but also revolutionize the way content creators and projects interact with their communities.
After delivering the proposed milestones, we plan to share the project’s outputs with well-known Cardano projects and influencers to build a strong user base that will profit from the value that our project will bring to the space.
[CAPABILITY & FEASIBILITY] 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?
Who are we
The VAULT3 team features on-chain confidentiality experts with a strong background in full-stack web development and data science. We also count on the support of LaPetiteADA, a well-known SPO and Cardano influencer, advising us on marketing, community management, and use cases for content creators.
What we have built in the past
We are seasoned web developers with more than 10 years of joined experience. We have in our web3 portfolio a confidential NFT launchpad called Geniish on the Oasis Network, which was built in less than 6 months. During, the development of Geniish, we also won second place in a 5-day hackathon with a confidential web3 chat called Momentum which uses Oasis' Sapphire ParaTime.
Cardano SPOs and builders
Furthermore, Vito Melchionna and Carolina Isler (LaPetiteADA) are the SPOs of GranADA Pool, and they are also active members of the Climate Neutral Cardano Alliance. In collaboration with the Tetikasa Ala NGO, this alliance of SPOs created the CNC Ala. Which is a permaculture project in Madagascar planting 100k trees to offset Cardano's CO2 emissions, while improving the food security of local communities. This project was funded with donations (25% of each SPO's rewards) via the world's first impact staking ISPO in collaboration with NEWM, Yummi Universe, Cardano Proxies, Earth Natives, Mada's Lemurs, and DripDropz.
Steps and processes
We will implement the SCRUM framework for the agile development of the product. By defining 3-week sprints with set goals, features, and working time, we can easily keep track of the progress and fund distribution to successfully deliver VAULT3 within the expected period. We aim to sync our project management process with Catalyst's committee to provide full transparency on the development and to keep track of the invested funds.
[Project Milestones] What are the key milestones you need to achieve in order to complete your project successfully?
SDK - Development started
- Project Infrastructure
- Codebase setup
- CI/CD
- Automatic testing
>Timeline: 1 month
>Acceptance Criteria: Infrastructure setup and available on a public GitHub repo. Account creation, login, and management implemented.
>Budget: TBD
>SDK - Unlocking UI/UX (relevant for creators and projects)
- Wallet connection
- Check of access condition via API
- Show call-to-actions or unlocked files
>Timeline: 1 month
>Acceptance Criteria: Token-gated content can be unlocked by users.
>Budget: TBD
>SDK - Create Spaces (relevant for NFT infrastructure platforms)
- Create space (name, description, access conditions, call-to-actions, branded unlocking page)
- Add exclusive files to the space
- SDK access via API token
>Timeline: 1 month
>Acceptance Criteria: Spaces can be created with customized access conditions and exclusive files.
>Budget: TBD
>SDK - Brandable UI
- UI customization for space creation and unlocking
>Timeline: 1 month
>Acceptance Criteria: SDK form can be customized to offer a seamless UI/UX experience
>Budget: TBD
>Beta Release and refinements
- Releasing beta version of the product
- Bug fixing and refinements
- Public release
>Timeline: 1 month
>Budget: TBD
[RESOURCES] Who is in the project team and what are their roles?
Aaron Schmid: Co-Founder
Roles: Full stack development, UI/UX design, team lead.
Bio: Aaron Schmid is a brilliant data scientist and a smart contract developer. Before founding the Geniish Protocol, he has been working as CTO for a Swiss MedTech solution. Aaron will be key for our product development and multichain plans.
Vito Melchionna: Co-Founder
Roles: Full Stack Development, UI/UX design, content creation, sales.
Bio: Vito is a polyglot, co-SPO of GranADA pool, and a full-stack developer with more than 7 years of experience. After co-founding the Geniish Protocol, a confidential NFT launch pad, he's ready to build privacy-enabled solutions on Cardano.
Carolina Isler: Co-Founder
Roles: Marketing strategy, community management, content creation, PR (partnerships and sales).
Bio: Carolina (a.k.a. LaPetiteADA) is a well-known #Cardano influencer and co-SPO of GranADA pool. She is an incredibly talented content creator and a self-taught community manager and marketing strategist with more than a year of experience. Carolina has a consolidated community and valuable network in the ecosystem, and she will ensure that VAULT3 stays as close as possible to our users.
[BUDGET & COSTS] Please provide a cost breakdown of the proposed work and resources.
Milestone 1:
- Development ₳50,200 / €15,100 (about 238 hours of work)
Milestone 2:
- Development ₳41,800 / €12,600 (about 170 hours of work)
Milestone 3:
- Development ₳41,800 / €12,600 (about 170 hours of work)
Milestone 4:
- Development ₳41,800 / €12,600 (about 170 hours of work)
Milestone 5:
- Development ₳41,800 / €12,600 (about 170 hours of work)
Notice: All ADA prices are calculated from EUR with a ₳ price of 0.30€ as a worst case. The exact hours and calculations can be seen in our budget sheet below. Any budget surplus due to speculative price actions would gladly be returned to the Catalyst fund as soon as the final milestone is delivered.
Get access to our detailed budget plan:
🔗 VAULT3 (Discover our web3 data-gating service 🔐)
🔗 Google Drive (Centralized, No data privacy, Boring 👎)
[VALUE FOR MONEY] How does the cost of the project represent value for money for the Cardano ecosystem?
We are a highly skilled and seasoned team with more than 10 years of joined experience. Furthermore, we studied software engineering in Swiss technical universities.
Since the entire team is based in Zurich, Switzerland. We estimated our costs based on average senior software developer (outsourced freelancer) salaries in Europe: €100.- per hour.
We also considered the risk of a 15% fall in ADA prices in the budget.
