Detailed Plan

Market:

AI/ML developers seeking to build/improve models utilizing Cardano Blockchain data.

Product:

This free service would allow for convenient data extraction from the Cardano Blockchain without requiring model developer to build their own Cardano node. The service would take SQL queries as an input and would output the results as CSV's. The service would also provide example data sets allowing for exploration and idea generation.

Acquisition:

AI/ML developers who are seeking to build models based on Cardano data will need reliable access to data. Developers may not have the time nor resources to setup their own node and will need to find a solution to perform data extract for them. Our goal would be to have our service be easily findable through SEO optimization. The service will also be broadcast through twitter, our stake pool (FYTO Pool) delegators, as well as planned Cardano community events we host.

Monopoly:

As the Cardano Ecosystem grows, the need for access to data will increase. AI/ML developers interested in developing models to analyze Cardano will need to acquire data through querying the blockchain. Our service will allow for researchers to input custom SQL queries relevant to their needs and access the results in a format that can be input directly into their model training.

Line Item Budget

AWS LightSail 32gb 8 Core $160/month

Engineering: $20,000

Miscellaneous: $5,000

Roadmap

One Month - Teaser Website with 3 example data sets available for download and setup the Cardano node

Three month - Built API and conduct robust testing to ensure API performance and time-out handling.

Six month - Integrated API with website to allow for custom SQL commands.

Six months on - Provide additional 3-5 use cases to spark community imagination and ongoing maintenance of the service.

Defining success

Success for this service would entail a website that would allow for AI/ML developers to write custom SQL queries and have the data returned to them as a csv file.