funded

Sports Crowdfunding system attached to Funclub application based on Cardano chain

₳210,000.00 Received
₳380,000.00 Requested
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Community Review Results (1 reviewers)
Impact / Alignment
Feasibility
Value for money
ソリューション

We are set to develop a novel sports funding application for "FC Tokushima," the football team, utilizing the Cardano chain and CNFTs. The application will incorporate a robust CNFT and token system.

Problem:

The absence of practical adoption examples poses a significant challenge for the Cardano system. Developing a viable product based on real-world applications is imperative for sustained profitability.

Yes Votes:
₳ 419,004,055
No Votes:
₳ 223,903,975
Votes Cast:
663

This proposal was approved and funded by the Cardano Community via Project F10: Products & Integrations Catalyst funding round.

[IMPACT] Please describe your proposed solution.

◆Reasons for approaching

  1. to get new ADA holders from the viewpoint of Sports fun
  2. to make an example of Cardano adoption by the organization/company with ongoing profitability
  3. to make an example of Cardano-based application development (in Japan) and by a strong Web2 company

In recent years, NFTs and tokens have been used in various services. However, at least in Japan, few services have adopted Cardano-based NFTs and tokens. Standalone NFT projects are emerging. However, there are only not so many examples of companies with a proven track record using Cardano-based tokens and NFTs. Ethereum uses smart contracts for all token issuance, token transfer, and NFT issuance operations. On the other hand, these actions do not necessarily require smart contracts on Cardano. For companies with a proven track record, transactions do not necessarily need to have smart contracts. In fact, various tools are already provided for installing smart contracts. In addition, Milkomeda enables the wrapping of Solidity smart contracts. However, there is still need for clarification that developing with Cardano requires learning the Haskell language. The biggest problem with Cardano at the moment is the poor track record of adoption by companies. In particular, there is need to be record of adoption in systems based on Web2 technology. This trend is particularly noticeable in Japan. On the other hand, Ethereum and Polygon have already developed NFT games with the cooperation of famous companies such as Square Enix. Because of these reasons, Ethereum is the most significant pioneer in smart contract systems, and the analysis that most of the current Web3 engineers are based on Solidity sounds plausible at first glance. However, it would only be possible for this theory to explain the rapid growth of Solana and Polkadot-based Aster networks, whose market capitalization is significantly lower than Cardano's.

One of the reasons for this is that there are no pioneers, so how should we develop the system? Also, should it be monetized? I analyzed it because I didn't know. I analyzed it because I didn'tdon't know. This is also a severe need for greater understanding of Cardano. For example, within the exchange, we have built our own system for token transfer operations. However, not all blockchain token transfers work with these auto-smart contracts. If you only operate with smart contracts, you will not be able to handle currencies that do not have smart contracts. Also, even if these systems are running, it is a great stress for developers that they cannot make detailed modifications to the original language in the debug state. Due to this situation, there are few examples of smart contracts even on GitHub, and the only information that exists is some trading systems and DeX programs, making development a very high hurdle for newcomers.

◆Our Solution

  1. We will develop a soccer team funding management application equipped with a cardano-based club token system and operate it as a real soccer team. One is to further develop the regional revitalization plan (Fund9 funded proposal 900125) that has been promoted by RANKET and Makoto Harada. A soccer team named FC Tokushima, based in Yoshinogawa City, Tokushima Prefecture, Japan, which is the target of this project, will adopt Cardano-based tokens and NFTs. This will strengthen the connection between Yoshinogawa City's local economy and Cardano.
  2. Development companies gain experience in developing Cardano-based systems. This project will be developed by Cloud Ace, a company specializing in Google Cloud Platform. Cloud Ace is a company with high technology in the Web2 industry and offices world wide. As a result of the spread of GCP in Japan, it has the top result, far ahead of the second place and below. This will enable similar systems to be extended to other sports teams and repurposing services. (We have already planned next stage) In the future Web3 implementation, if you want to implement Cardano, you can ask Cloud Ace. In addition, even in projects that Cloud Ace receives its own orders, if there is a desire to incorporate blockchain, Cardano may be proposed as an option.
  3. This project can revitalize regional revitalization, which is very important for the social implementation of Cardano. Furthermore, in this project, it is possible to provide leading cloud development companies with experience in developing Web3 systems using Cardano. This will be important for the future Cardano adoption strategy.

◆Project end-users aim

  1. Sports team fun
  2. the sports team, who wants to perform crowdfunding based on blockchain
  3. other companies to join Web2+blockchain (Cloud Ace company customer)

◆Project demonstrate outcomes

  1. the download number of the application (the system can be confirmed)
  2. the result of the crowdfunding
  3. (desirable) the similar application adoption examples of other companies (Cardano adoption numbers by other companies)

◆The uniqueness of this solution

  1. the project based on the organization/company with ongoing profitability
  2. From viewpoint of non-blockchain based system
  3. development by the strong Web2 company (Cloud Ace)

◆Why this is important to Cardano

  1. the adoption by the company/organizations already in existence with good performance is quite essential for the current Cardano status
  2. when our project is succeeded, it is easy to make other examples since a application development based on Cardano chain by non-Web3 company (Web2 Company) encourages Cardano adoption for other companies
  3. Since this project is related to regional revitalization (FC Tokushima home town is Yoshinogawa City, Tokushima Japan, where the Catalyst challenge was already performed), the Cardano image will be better at least in Japan.

Efforts to gradually improve this situation by disclosing information are necessary. The partner project proposed to publish Cardano information crypto magazine from the Japan popular publisher (Futabasha).

<https://cardano.ideascale.com/c/idea/100450>

However, this is more is need to encourage using Cardano. Our proposal is that, if a company that already has high capabilities as a Web2 company develops a system based on Cardano and advertises it as a successful example, Cardano also become a research target for competitors.

And cooperation with the community is very important for the success of the project. It makes a lot of sense to create an example of a Cardano-based Web3 deployment. The developer, Cloud Ace, has offices in 10 countries around the world. This system development will also be carried out at Cloud Ace's Vietnam branch office. Therefore, this project can be appealed as an example of adoption not only in Japan but also in a wide range of countries.

In addition to these technical advantages, the project emphasizes that it is not a plan to start a new soccer team, but to create an application for an existing soccer team. Naturally, if this project is adopted, the soccer team and application development will be activated. However, the soccer team will continue to exist even if it is not adopted, and application development will proceed on a certain scale. Therefore, by adopting this proposal, we will be able to implement the plan immediately. In the future, we plan to provide it as a solution for multiple soccer teams, so if this trend accelerates, we will actively appeal to the sports world, which has not been popularized by Web3 companies, and provide a track record of adoption.

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

◆This Proposal targets the goal of the Challenge

  1. to get New Cardano token holders by sports team application
  2. to make an example of a development Cardano-based application by a non-Web3 company, which will improve the Cardano development image to simple and easy.
  3. to make other Cardano adoption by other companies

◆Impact of our proposal on the Cardano ecosystem

  1. the result obtained from our proposal will encourage Cardano adoption from the viewpoint of both technology and image up
  2. the Cardano adoption by a leading cloud company should be important

◆The value our proposal brings to the Cardano ecosystem

  1. bring at least 3000-5000 potential Cardano token/NFT holders per Cardano application adoption
  2. (desirable) to make 2-3 other companies will use our application with Cardano-based tokens.

The benefits for Cardano from our project can be expressed by three viewpoints.

1

This project can revitalize regional revitalization, which is very important for the social implementation of Cardano. Such kind of good image is quite crucial in approaching traditional and large companies.

We have to recognize that traditional companies sometimes consider that blockchain itself is not accurate technology even though Bitcoin is a worldwide system. Moreover, Cardano's image is sometimes damaged by crypto media. We have to provide a counter-image for these FUDs.

Revitalizing regional areas through this project is crucial for successfully implementing Cardano and gaining acceptance from traditional and large companies. It is essential to address their skepticism towards blockchain technology, despite the global presence of Bitcoin, and counter any negative perceptions of Cardano caused by crypto media. Establishing a positive image becomes essential in approaching these companies and dispelling doubts or misconceptions.

2

The product of the project will be applied to a football club. This is the most popular sport in the world. The presence of Cardano in there will be powerful marketing to the crowd.

3

The other benefit of this project is to provide leading cloud development companies with experience in developing Web3 systems using Cardano. This will be important for the future Cardano adoption strategy. The company “Cloud Ace” is gradually growing and has exceptionally high skills. The Cardano entrance from Web2-based companies is quite important and necessary for the Cardano adoption.

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

Quantitative/qualitative indicators to measure project success

  1. Unique user numbers (Download Numbers of the application)
  2. Total crowdfunding result by our system (and numbers of the persons)
  3. (desirable) total numbers of other similar applications developed by cloud ace

Since our project will release the application, which can be confirmed on the Google Store or other similar platforms, measuring the success is evident.

Impact on Cardano's productivity and growth in the short term

  1. the increase in new ADA or Cardano token holders without the Web3 market
  2. (desirable) to achieve Cardano adoption companies/organizations from non Web3 market.

Impact on Cardano's productivity and growth in the long term

  1. The collaboration with the “Web2” leading company will encourage new Cardano products since the Web3 services can not be established by only blockchain technology.
  2. to improve Cardano images, which is quite essential for Cardano adoptions since our project has both DAO/Dapps character and regional revitalization character.
  3. Since we already try to collaborate with popular Japanese publisher “Futabasha” Crypto magazine, we can appeal to these effects for not only for the web3 community but also ordinary traditional markets.

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

◆Plan to disseminate project outputs

  1. On the Google store and apple market. (we are going to register our application)
  2. Report the result of crowdfunding at our HP
  3. give some interview report through Crypto Magazine in Japan

◆How to share output/results when project completion

  1. You can check our application on Google Store and Apple Market.
  2. We also share our information such as application stores, HP result and crypto magazine through Eastern Town Hall Meetings and SNSs

◆Directions for using the results obtained from the project for further research and development activities

  1. We will start marketing web3 application development for potential customers such as other sports teams or other companies who want to use both Web2 and Web3.
  2. Also start some consultants for regional revitalizations by Web3 (of course using Cardano chain)

The application product developed by our project will be used by FC Tokushima supporters. The total download number will be measured by download cite.

Also the total funding result will be informed on the Fortua or FC Tokushima homepage.

https://fortua.jp

https://fctokushima2016.com

Of course, the member of RANKET will be attending most of “Eastern Town Hall meeting”. If we get the result, RANKET will inform the latest results. We again emphasize that this project is based on the football team, which started in 2016. Collaboration with a long-life organization is essential for Cardano.

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

◆Ability and experience suitable to implement the project

[Satoshi Sunomata] a Fortua company's CEO (a home company of FC Tokushima team).

Football player (more than 10 years)

Team management ( more than 3 years)

This person is a project leader and has many experiences managing a Football team..

[Akitsugu Ohno]

a professional Web2 director (a professional director of Yoshidumi Holdings (The parent company of Cloud Ace Corporation.) more than 5 years

[Cloud Ace Vietnam team] A professional Web2 and Web3 developer. This is the first time constructing Cardano based systems. However, they have a lot of cloud applications and also have experiences in constructing Web3 systems.

[RANKET} is a Ph.D researcher. (more than 15 years)

This person is one of the represented Cardano Community members. (more than 3 years)

◆Financial management process

Workflow:

A part of the development has already started. The system planning is completed.

The fundamental system structure was already completed.

The football team itself was already established. You can check our soccer games on our Homepage.

Minimum Value Product (MVP) was completed.

The polish up improvement and making close to Cardano chain will be performed by Catalyst funds. (We also submit fundamental system structure establishment fee). From now, a professional director and developer from a leading cloud company will develop the application and the core system with Cardano knowledge supported by RANKET(Japan Cardano Community core member). Therefore, we will complete our project.

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

◆Main goal of the project

  1. to complete a crowdfunding application based on the Cardano chain
  2. to get over 3000 users of our application
  3. to get $300,000 crowdfunding by our system (effort target)
  4. to get other examples based on our application

◆How to verify the goal has been achieved

  1. the application can be checked through Google Play or Apple Store
  2. the user numbers can be checked by download number and the application data such as the unique user number of our system (which will be reported by ourselves)
  3. the result of crowdfunding will be reported on our HP
  4. we will inform other examples, when we complete the project

Main goal

Of course our project goal is to complete the development of the application. Also to get a large number of users and funding is essential.

The KPI of our project is to make 3000 users of our application. More than $100,000 funding for FC Tokushima.

Expected goal

If we achieve this KPI If the actual achieved figure is 30% higher than the KPI), probably other companies or projects will likely join our team. Such kind of new newcomer encouraged by a succeeded example is really important.

We hope our project is a kick-off project of Japan Cardano Adoption.

[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.

We have summarized our milestone and plans

Total cost $115,000 + $80,000 self paid

CloudAce-Milestone-f2791f.png

CloudAce-Plan-fafeb4.png

https://docs.google.com/spreadsheets/d/13YqXnkqJLgc6mBYoeM1XxARCMMyKFlWh/edit?usp=drive_link&ouid=111591893934981396754&rtpof=true&sd=true

◆Milestone

The 1st milestone:Complete MVP (minimum value product)

to develop the core system of the application, which can equip Cardano chain NFTs and tokens including constructing system flow and solve legal issues in Japan.

Success Criteria (KPI): to upload MVP version application for google store or other

Estimated cost for this Milestone: $ 120,000 ($80,000 for development+$20,000 + $20,000 base system construction for legal issues)

the cost related to Cardano system &60,000 will be used by catalyst.(including later milestone)

probably this process may be completed at starting Fund 10 distribution

We are going to start our project before the Catalyst voting.

The 2nd milestone: Complete formal Application

to attach NFT market system and DAO point system function

Success Criteria (KPI):to realize complete application and ready for crowdfunding

Estimated cost for this Milestone $ 30,000

This process will take 3 months from the fund distribution.

The 3rd milestone: Crowdfunding process

to start our service including submit to Google play store and Apple store

Success Criteria (KPI):3000 Users and over $150,000 crowdfunding.

$ 15,000 for PR for crowdfunging.

The 4th milestone: Start Application Service

Start service with user communications

Success Criteria (KPI):2000 new users exept for crowd funding

$5,000 for system management and feedback + report (& self paid fee for total management)

we have to check the resistance for 5000 unique users

the 5th milestone: NFT & DAO system formal release

to start our service including submit to Google play store and Apple store

Success Criteria (KPI):3000 Users and over $150,000 crowdfunding.

$ \5,000 for system management + report (&self paid fee for total management)

we will decide actural user function by feedback from the users

◆Product Development Plan

Make system structure and crowdfunding structure with Japanese low

Making MVP application

Improve interface and complete application

Submit to Google play store and Apple store

Start Crowdfunding

◆Marketing Plan

Workload management: W

We will PR FC Tokushima and increase the supporters through SNSs.

Making fascinating Crowdfunding returns.

Also making fantastic DAO system, which will be make collaboration with the team and supporters.

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

◆Handover products Work results / desired results achieved

The 1st milestone : MVP (minimum value product)

The 2nd milestone : Complete application (will be able to download Google Play and Apple Store)

The 3rd milestone: Crowdfunding system and fun club function on application (3000 users and $150,000 funding)

The 4th milestone: Complete crowd funding and Launch formal application with 5000 unique user

The final milestone: to operate the DAO system on the Application with formal version

(over 5000-10000 supporters additional $ 100,000 benefit by application)

◆How to track project progress and measure progress

  1. download numbers from Google Play and Apple Store
  2. SNS followers and unique users of the application
  3. funding result

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

Total Cost is $195,000 ($80,000 will be paid from outside of Catalyst)

Approximate cost per process Because some costs are related to many milestones, it is necessary to detail how much money for each milestone

Planning $40,000 (milestone 1) ( will be self-pay)

Development $100,000 for MVP

$30,000 for complete

milestone 1: $ 100,000 ($ 70,000 will be self paid)

milestone 2: $ 30,000

milestone 3: Funding platform PR and management $15,000

milestone 4: feedback process $5,000 + self paid

final milestone: start formal version application (NFT, DAO, Point system) $5,000 + self paid

Management Fee:

$20,000/person with 2 persons ( 5000$ per milestone. Around 8 months)

The development fee without Cardano based system will be paid from Fortua, FC Tokushima.

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

[Satoshi Sunomata] Total management for the football team, Crowdfunding PR

[Akitsugu Ohno] Total management for the product development, Crowdfunding PR

[RANKET} Catalyst support, Japanese legal issue planning, Cardano system information management.

[Cloud Ace Vietnam team] A professional Web2 and Web3 developer. This team will develop applications

1

Quang Le

Advisor Blockchain

Mr. Quang is the person who guides the Tech team to solve issues

encountered in the project and provides direction to ensure the project

is completed according to the planned timeline. Along with the Tech

team, he offers the best solutions for any challenges that arise during

the project development process.

2

Nam Phan

Project manager

Nam is the project manager who accompanies and addresses the

requirements from the Japanese side for the Dev team. Nam manages

the project timeline, workload, and resolves any issues encountered in

the FC Tokushima project.

3

Dang Dinh

Cloud Engineer

Dang Dinh is a Cloud Engineer who will be responsible for designing

the infrastructure architecture on Google Cloud to support the project.

Dang Dinh will select the most suitable platform based on factors such

as scalability, security, and cost-efficiency.

4

Dang Phan

Fullstack Developer

Dang Phan is a Full-stack Developer who is responsible for managing

the quality of the output products from the Dev team. Dang Phan also

has the responsibility of researching Cardano Blockchain and designing

the system for the FC Tokushima App. Additionally, Dang Phan is

responsible for server management, PayPal payment gateway

integration, cloud computing, and other related tasks.

5

Tam Nguyen

Blockchain Developer

Tam is a Blockchain Developer who is responsible for researching

Cardano Blockchain, smart contracts, nodes, validators, and network

components that are suitable for the decentralized environment of

blockchain technology. He specializes in understanding and

implementing these aspects to ensure the efficient and secure

functioning of the blockchain system. Tam's expertise lies in exploring

the features and capabilities of Cardano Blockchain and utilizing them

to develop robust and decentralized solutions.

6

Thong Nguyen

Frontend Developer

Thong is a Frontend Developer responsible for creating visually

appealing, user-friendly, and responsive interfaces for blockchain-based

applications. He specializes in frontend development frameworks,

UI/UX design principles, and integrating frontend components with

blockchain technology.

7

Tu Nguyen

Backend Developer

Tu is a Backend Developer who is responsible for designing the

infrastructure and supporting logic system for the blockchain network,

ensuring efficiency, security, and scalability. He focuses on

implementing the data structure and storage mechanisms within the

blockchain. Tu leverages his expertise in backend development to

create robust and reliable systems that facilitate the smooth operation of

the blockchain network. Tu ensures that the data is stored securely and

can be accessed efficiently when needed, contributing to the overall

performance and stability of the blockchain system.

8

Luan Vo

Mobile Developer

Luan is a Mobile Developer responsible for developing mobile

applications that align with the underlying infrastructure of the

blockchain system. He specializes in using Swift (for iOS) or Java/Kotlin

(for Android) programming languages to build Dapps (decentralized

applications) on mobile devices.

9

Kien Dang

Blockchain Developer

Kien is a Blockchain Developer who is responsible for researching

Cardano Blockchain, smart contracts, nodes, validators, and network

components that are suitable for the decentralized environment of

blockchain technology. He specializes in understanding and

implementing these aspects to ensure the efficient and secure

functioning of the blockchain system. Kien's expertise lies in exploring

the features and capabilities of Cardano Blockchain and utilizing them

to develop robust and decentralized solutions.

10

Ly Nguyen

UI/UX Designer

Ms. Lý is a UI/UX Designer responsible for researching user behavior

and designing the interface for web-based or mobile applications in the

project. She specializes in understanding user needs, preferences, and

behaviors to create intuitive and visually appealing designs that

enhance the overall user experience.

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

The total cost is really valued since the leading application development fee was already paid by the main proposer. The cost only related to Cardano-based system was claimed. Therefore, the cost performance of Cardano is excellent good.

https://docs.google.com/spreadsheets/d/13YqXnkqJLgc6mBYoeM1XxARCMMyKFlWh/edit?usp=drive_link&ouid=111591893934981396754&rtpof=true&sd=true

CloudAce-Budget-cc7ac3.png

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