Win-Win Platform Auditing

[IMPACT]

Mediators.ai (previously known as Win-Win) is a decentralized dispute resolution platform and marketplace built on the Cardano blockchain. It allows disputing parties to find a suitable mediator to help resolve their conflict in a timely and cost-effective manner outside the court system. The marketplace enables mediators to focus on the mediation process without having to engage in often questionable business boosting practices. It is developed by Loxe Inc. (<https://loxeinc.com/>).

As the majority of blockchain solutions, to increase confidence on the security of smart contracts, a 3rd party should be actioned to audit and certify these smart contracts to be launched on mainnet once our solution is ready.

This proposal fits the DApps & Integrations challenge since it is an improvement of an existing DApp, already funded by Catalyst. Our project is aligned with the ‘Solutions utilizing the power of smart contracts’ potential direction mentioned in the challenge brief. We are also contributing to the challenge’s key metric ‘Did our efforts result in new, viable applications built on top of Cardano?’. It also fits the budget suggested in the challenge for a team with proven competence and whitepaper (check <https://loxeinc.com/> for more details).

The main risk of this project not being delivered is related to the budget required. We believe it’s very close to the actual cost, based on our latest conversations with 3rd party auditing companies. There is also a risk of delay related to their workload, which could delay this project, although it would still be delivered after the deadline mentioned here.

[FEASIBILITY]

Our roadmap to develop this proposal is:

July 2022: Reaching out to 3rd party companies and choosing one to perform the smart contracts auditing and certification.
August to December 2022: Execution of the auditing by the 3rd party company.

Based on our preliminary research with possible 3rd party auditing groups, we estimate that the costs to perform the audit of the Win-Win platform will be at least $80k. The final, exact value would be confirmed only once the smart contracts are ready for review.

Therefore, we are submitting this proposal requesting $80k. Any costs above that will be absorbed by Loxe Inc. In the unlikely case that the audit cost is lower than expected, the remaining budget will be used to fund other parts of Win-Win development.

This proposal is going to be executed by Loxe Inc.’s team. The full team can be seen at <https://loxeinc.com>. The leadership team responsible for this project is:

Matthias Sieber

Professional Software Engineer for over 20 years
worked on Liqwid through MLabs internship
Conflict Resolution Specialist (Mediator, Facilitator, Peacekeeper, Educator)
BA in Negotiation, Conflict Resolution, and Peacebuilding
Master of Dispute Resolution
Community-elected Moderator on Cardano Stack Exchange
Plutus and Prism Pioneer (1st cohorts)
Project Catalyst Community Advisor and Veteran Community Advisor
Catalyst Circle member representing the Cardano Foundation
Cardano Ambassador
Built successful marketplaces, startups, SMBs, and mission-driven teams
Ex-Gimbalabs PPBL Team Member
CEO Loxe Inc.

Eli Selkin, L.C.S.W., M.S

Professional Software Engineer for over 10 years
Plutus Pioneer
Ex-Gimbalabs PPBL Team Member
MS in Computer Science, specializing in Machine Learning
ML architect
B.A. in Psychology
Masters of Social Work
Licensed clinical social worker
CTO Loxe Inc.

Victor Corcino

Energy Industry Engineer for 6 years
Gimbalabs PPBL Team Member
Member of the 1st Catalyst Circle as Community Advisors representative
Catalyst Veteran Community Advisor and Proposal Mentor
Co-creator of AIM Community Tools (CA/vCA Tools, Voter Tool)
BSc Chemical Engineering and MSc Chemical Engineering and Software Development
Specialization in Data Science, Artificial Intelligence and Machine Learning
PhD candidate, researching the field of Machine Learning applied to Computational Fluid Dynamics
COO Loxe Inc.

Ganesh N

Professional Software Engineer for over 8 years
Plutus & Prism Pioneer (1st cohort)
Ex-Gimbalabs PPBL Team Member
BTech in Electronics and Communication Engineering
Has lead development of large scale applications
Experience in the financial services industry

[AUDITABILITY]

Since this project is going to be done by a 3rd party company, we will be able to report to the community the same reports that they provide to us. Therefore, we cannot be sure now about it, but we will ask for monthly reports on the execution of the project and forward them to IOG and the community during che monthly meeting with challenge teams and bi-weekly coordinator meetings.

Success for this project looks like having successfully been audited by a 3rd party company in a period after 6 months. We believe that the auditing itself will not take that long, but last time we checked with the 3rd party companies, they had a backlog that had to be dealt with first, and only afterwards they would be available to audit our platform. Therefore, since results of Fund 8 might be disclosed by mid 2022, we expect to have the audit done, and therefore this proposal completed, by the end of 2022.

This proposal is complementing a previously funded proposal called Win-Win Dispute Resolution (https://cardano.ideascale.com/c/idea/368353), now called mediators.ai.

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