[IMPACT] Please describe your proposed solution.

Our solution involves creating a specialized connector to integrate with Shinkai Visor, a tool developed to interact with websites and other applications. This connector will be able to leverage Cardano's data and convert it into vector embeddings that can be used by Large Language Models (LLMs) to perform effective querying. The connector will be able to process data about transactions, DEX prices, and other valuable information present on the Cardano blockchain.

[IMPACT] How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?

Our solution addresses the challenge by converting Cardano's rich data into a format that LLMs can effectively interact with, enhancing the capability of AI to interact with Cardano. This will open up new possibilities for AI in the Cardano ecosystem, such as improving the functionality of DeFi applications, creating more interactive and intelligent DApps, and offering more advanced analytics and insights on Cardano's data. This integration can potentially lead to increased adoption of Cardano due to the enhanced functionalities it offers.

[IMPACT] How do you intend to measure the success of your project?

We will measure the success of our project by the number of successful queries made by LLMs using our solution, the quality and relevance of the results returned.

[IMPACT] Please describe your plans to share the outputs and results of your project?

We plan to share the outputs and results of our project by open sourcing our solution and providing comprehensive documentation on how to use the Shinkai Visor connector for Cardano. We will also disseminate our results and findings through blog posts and tutorials. This will ensure maximum visibility and adoption of our solution in the Cardano ecosystem.

[CAPABILITY/ FEASIBILITY] What is your capability to deliver your project with high levels of trust and accountability?

Our team comprises experienced software engineers, blockchain specialists, and AI enthusiasts. We have a strong track record in delivering high-quality, open-source solutions in the Cardano ecosystem, with past successful projects showcasing our technical expertise and commitment. Our project management approach prioritizes transparency, regular communication with the community, and rigorous testing to ensure accountability and trust.

[CAPABILITY/ FEASIBILITY] What are the main goals for the project and how will you validate if your approach is feasible?

• Develop a Cardano-specific connector for the Shinkai Visor to convert Cardano data into embeddings.
• Enhance the ability of LLMs to interact with and query the Cardano blockchain effectively.
• Foster wider adoption of Cardano by enhancing its AI capabilities.

To validate our approach, we'll conduct rigorous testing of the developed connector and assess its ability to convert Cardano data into embeddings effectively. Feedback from AI applications utilizing our solution will further provide evidence of the project's success.

[CAPABILITY/ FEASIBILITY] Please provide a detailed breakdown of your project’s milestones and each of the main tasks or activities to reach the milestone plus the expected timeline for the delivery.

Milestone 1: Project Planning and Design (Month 1)

• Assemble project team and establish roles and responsibilities.
• Design the architecture of the Cardano-specific connector for Shinkai Visor.
• Establish development and testing strategies.

Milestone 2: Connector Development and Initial Testing (Months 2-4)

• Start coding the connector and conduct initial testing.
• Iterate based on initial feedback and testing results.
• Prepare the first version of the connector for community testing.

Milestone 3: Extensive Testing and Deployment (Months 5-6)

• Conduct extensive testing of the connector with various Cardano datasets.

• Make necessary adjustments based on testing feedback.

• Prepare for official release and documentation.

  [CAPABILITY/ FEASIBILITY] Please describe the deliverables, outputs and intended outcomes of each milestone.

Milestone 1: Project Planning and Design

• Detailed project plan
• Connector architecture design
• Development and testing strategies

Milestone 2: Connector Development and Initial Testing

• Initial version of the connector
• Feedback and testing reports
• Prepared version for community testing

Milestone 3: Extensive Testing and Deployment

• Thoroughly tested and final version of the connector

• Complete documentation and user guide

• Official release of the Shinkai Visor Cardano connector

  [RESOURCES & VALUE FOR MONEY] Please provide a detailed budget breakdown of the proposed work and resources.

• Personnel (software engineers, blockchain developers, project manager, etc.): 85,000 ADA

• Hardware and software resources (servers, cloud services, software licenses, etc.): 10,000 ADA

• Testing and Validation (including any necessary user testing or third-party testing services): 20,000 ADA

• Administrative and overhead costs: 10,000 ADA

• Contingency (to account for unforeseen costs): 15,000 ADA

Total: 140,000 ADA

[RESOURCES & VALUE FOR MONEY] Who is in the project team and what are their roles?

Project Manager: Coordinates project tasks, communicates with stakeholders, and oversees project progress.

Lead Developer: Oversees the software development and connector integration.

Blockchain Specialist: Handles all blockchain-related aspects of the project and ensures seamless integration with Cardano.

AI Engineer: Responsible for ensuring effective interaction between LLMs and the Cardano connector.

QA Tester: Conducts rigorous testing to ensure the functionality and reliability of the developed connector.

[RESOURCES & VALUE FOR MONEY] How does the cost of the project represent value for money for the Cardano ecosystem?

The cost of the project is a strategic investment into further enhancing the AI capabilities of the Cardano ecosystem. By creating a specific connector for Cardano, we enable efficient interaction between LLMs and the Cardano blockchain, thereby fostering more advanced AI applications in the ecosystem. The potential gains in terms of enabling new use-cases, broadening the user base, and stimulating further innovation far outweigh the project cost. It's a value-add not only in terms of the immediate deliverable but also the long-term advancements it paves the way for in the Cardano ecosystem.