Funds Fund 9 Dapps, Products & Integrations Proposals Cardahub-One Stop Shop for CNFT
not approved
Cardahub-One Stop Shop for CNFT
Current Project Status
unfunded
Total
amount
Received
$0
Total
amount
Requested
$33,600
Total
Percentage
Received
0.00%
Solution

Providing Smart Contract-based One Stop Shop for everything CNFT for those who want to work with NFTs on Cardano blockchain

Problem

CNFT is exploding. But there is no Smart Contract-based One Stop Shop for everything CNFT on Cardano Blockchain yet.

Impact / Alignment
Feasibility
Auditability

Nosotros

2 members

Long Le bio pic TranCuong_CardanoAmbassador bio pic
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[IMPACT] Please describe your proposed solution.

The vision of Cardahub is to be Smart Contract-based One Stop Shop for everything CNFT on Cardano blockchain.

We aim to provide a wide range of services for any type of users who are interested in Cardano. Our user could be content creators, who want to digitalize and bring their assets on to the blockchain, in the form of an NFT. Or they could be digital assets collectors who want to buy and sell their asset, or our user could be a Team who have a collection of NFT, and they want to distribute those NFT to their users, in a decentralized manner.

These are some Tutorial Videos that you may want to refer :

  • NFT Minting :

https://www.youtube.com/embed/mPryJZHs2EI- Cardahub Yoroi Integration: First Plutus smart contract based NFT minting transaction (https://www.youtube.com/watch?v=mI4FUzEfFKw )

  • NFT Simple Listing :

https://www.youtube.com/embed/S5lrnBF46zA- Cancel NFT Simple Listing :

https://www.youtube.com/embed/YvBwM5vVbkM- NFT Dual Listing :

https://www.youtube.com/embed/EZPBAdzUSt4- Buying :

https://www.youtube.com/embed/aGDz7mxjh58For more information, please join us 👉Cardahub’s Social Media Channels :

https://www.youtube.com/embed/channel?start=/UCo1azV6jABF7IbQcOHZzxKg

[IMPACT] Please describe how your proposed solution will address the Challenge that you have submitted it in.

The key is definitely The Team.

Just take a look at our Team, you may know how possible to address the challenges we are.

So Who is the Team?

Actually, we at Cardahub have been getting along with each other for a long time.

Everyone in the team has very strong background on their field. More than half of our team have PhD in computer science, informatics and related fields.

Giang and Loan both have master in Korea, Giang got his PhD in Sweden, Loan did her PhD in Switzerland, Son Hai got his master and did his PhD in France and currently working for kpmg in Germany. Hoa is a very talented engineer with more than 10 years of experience, who is playing the role of the senior architect for the product. Quang - our Business Manager, is professional with extensive experience in business intelligence, analytics and corporate functional operations.

And last but not least we are lucky enough to have Cuong as our community manager. Cuong has been well known in Vietnameese Cardano communities for his dedicated effort on growing and helping the community.

Even though we spread on over the world, everyone in our team has known each other for years, and we have been working together for many projects. Most of the team were with me in the last blockchain project that I mentioned above. Together we built a relatively successful project, and now we are together again, building the next big thing.

Please refer our team’s profile here:

Long Le : Egg head, Switzerland ; Ph.D in Distributed System

Answer

There are quite a few direct competitors and Indirect competitors on the field of NFT marketplace on Cardano. We could put them into two categories:

  • Centralized/Escrow platform: CNFT.io is by far the biggest name not only in this category, but also in the whole ecosystem. They are having the highest trading volume for NFT on Cardano. Centralization is not an option in our goals. (CNFT.io has recently been gradually moving to smart contract but not completed yet).

  • Decentralized/Contract-based marketplace. This category is the direct competitor of our service. Some names are Tokhun, jpg.store, Spacebudz.io, GenesisHouse.

  • However, Cardahub is different from them from many points:

  • Many of those platforms are using open-source-based contracts instead of developing their own. That would lead to a major risk where the contract is exploited and affects all the platforms that are using the contract. Recently there has been such an exploit, forcing all the platforms to upgrade their contract, and having their users withdraw NFTs from the exploited one. Cardahub has its own contract with additional features.

  • Spacebudz on the other hand only supports their own NFTs. They only accept NFT minted by the platform itself. Cardahub does not limit to any list of policyId. Any NFT that follows CIP-25 is compatible with our platform.

And Cardahub provide unique features that you can’t find anywhere in any NFT marketplace out there. Dual Listing is one of them.

And an extremely hot Feature is coming soon on Q3 2022. To the best of our knowledge, Cardahub is the very first platform in the whole CNFT Space to have this unique feature, and is the only one that could provide this offer. (we’ll update in comment below when it’s ready. Stay tuned! )

[IMPACT] What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?

Cardano Smart Contract is quite hard for Developers.

We are pioneers building projects on Cardano so it can be risky.

But that is also an advantage compared to later projects.

Cardahub is proud to be a 100% Smart Contract based project on Cardano.

[FEASIBILITY] Please provide a detailed plan, including timeline and key milestones for delivering your proposal.

  1. Detailed Project Plan?

1.1. Q2/2021-Q1/2022 :

1.1.1. Team Up

  • Forming up core team
  • Receiving initial funding
  • Starting Project

–> DONE

1.1.2. NFT Minting

  • Free Minting
  • Premium Minting

–> DONE

1.1.3. NFT Marketplace

  • Simple Listing
  • Dual Listing : Dual Listing is Cardahub’s unique feature that you can’t find anywhere in any NFT marketplace out there. Dual Listing allows you to put your NFT on sale on our marketplace, but at the same time you receive an credit token representing that NFT. And you can put the credit token on another market for sale at the same time. That means Your NFT gets listed on two marketplaces at the same time, thus doubling the chance it will get sold.

–> DONE

1.1.4. NFT Distribution (LaunchPad)

  • NFT Drop
  • NFT Vending

–> DONE. **These are some collections that have been being minted by Cardahub: https://cardahub.io/distributions

Some Recent Distributions :

1.1.5. NFT Artist Royalty support.

–> DONE

1.1.6.Release Closed Beta version for NFT Minting / NFT Marketplace (Simple Listing, Dual Listing, Buy&Sell) : Done on Dec.5th 2021.

Check it out here: https://twitter.com/cardahubio/status/1467306506790248449?s=20

1.1.7.Release mainnet for NFT Minting / NFT Marketplace (Simple Listing, Dual Listing, Buy&Sell) / NFT Distributio : Done on Jan.1st 2022.

Check it out here: https://twitter.com/cardahubio/status/1477280018334367747?s=20&t=GTVbq-5XvQsgRRF1TG9nQw

1.2. Q2-Q3/2022 ~ : Review & Improve (if any) —> Upcoming features

  • An extremely hot Feature is coming soon on Q3 2022 (tentative). To the best of our knowledge, Cardahub is the very first platform in the whole CNFT Space to have this unique feature, and is the only one that could provide this offer. (we’ll update in comment below when it’s ready. Stay tuned! )

  • Strategic partnership

  • NFT Browsering and Ranking

  • Developer API Access

  • NFT Collection

  • NFT Auction

  • NFT Staking

  • NFT Mystery Box

  • Marketing Campaign

  • ….

    [FEASIBILITY] Please provide a detailed budget breakdown.

Budget (for 3 months)

  • Smart contract engineering :20$/hour/1person * 2persons * 40h/week * 12 weeks = 19,200$
  • UI and backend development :10$/hour/1person * 2person * 40h/week * 12 weeks = 9,600$
  • Survey, research, networking, community outreach…. :5$/hour/1person * 2persons * 40h/week * 12 weeks = 4,800$

Total = 33,600 $

[FEASIBILITY] Please provide details of the people who will work on the project.

Cardahub is a strong technical background team

Everyone in the team has very strong background on their field. More than half of our team have PhD in computer science, informatics and related fields.

Giang and Loan both have master in Korea, Giang got his PhD in Sweden, Loan did her PhD in Switzerland, Son Hai got his master and did his PhD in France and currently working for kpmg in Germany. Hoa is a very talented engineer with more than 10 years of experience, who is playing the role of the senior architect for the product. Quang - our Business Manager, is professional with extensive experience in business intelligence, analytics and corporate functional operations.

And last but not least we are lucky enough to have Cuong as our community manager. Cuong has been well known in Vietnameese Cardano communities for his dedicated effort on growing and helping the community.

Even though we spread on over the world, everyone in our team has known each other for years, and we have been working together for many projects. Most of the team were with me in the last blockchain project that I mentioned above. Together we built a relatively successful project, and now we are together again, building the next big thing.

Please refer our team’s profile here:

Long Le : Egg head, Switzerland ; Ph.D in Distributed System

Yes.

We have been writing down idea for Fund10…

So we’ll definitely come back to later round eventhough we are not funded.

One more reason, we really would like to build Cardano ecosystem.

And Catalyst is the key.

[AUDITABILITY] Please describe what you will measure to track your project’s progress, and how will you measure these?

This question is very close to what I answered in [FEASIBILITY].

So please check our detailed plan again for what Cardahub has been achieving.

And for upcoming feature, we’ll keep updating right here (in the comment below) and via our social media channels.

[AUDITABILITY] What does success for this project look like?

Yeah, that is Smart Contract-based One Stop Shop for everything CNFT on Cardano Blockchain.

[AUDITABILITY] Please provide information on whether this proposal is a continuation of a previously funded project in Catalyst or an entirely new one.

This is an entirely new one.

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