over budget

Aeros - Airmiles Wallet integration

$70,000.00 Requested
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Community Review Results (1 reviewers)
Addresses Challenge
Feasibility
Auditability
Solution

Aeros is a mobile wallet that allows members to Earn and Redeem Aeros currency that can be converted to miles or used as a payment method.

Problem:

Airmiles is the biggest currency in the world, 10 Trillion outstanding miles. Miles depreciate over time, are difficult to track and redeem.

Yes Votes:
₳ 31,576,576
No Votes:
₳ 21,374,083
Votes Cast:
114

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[IMPACT]

Aeros is the first universal “currency” issued and owned by airports. Aeros can be exchanged for many frequent flier miles or hotel points while members manage all their Loyalty programs and balances in one wallet. Members are able to Earn and Redeem Aeros in many different ways inside and outside the airport, and use it as another payment method.

We do have three key elements that we provide to airports:

Aeros App that is offered by the airports to passengers and allow them to monitor their flights, gates changes, airport maps, lounges, and store promotions like Duty-free and other merchants.

Aeros Shop is the market place tool for airports to expose their merchants and partners before and after traveling.

Aeros Pay that allow passengers to pay with any payment method or Aeros using their mobile inside and outside the airport.

Through our technology, we also collect key information about the passengers:

Loyalty account: including balance, expiration, status, date of registration, etc.

Flight reservation: including departure airport, gate, time, duration, price paid.

Hotel reservation: dates, period, location, room type, price paid.

This information about the passengers where AI could be used to predict passenger behavior

The project is to back the currency with blockchain and create Aeros as a native token to run under the Cardano system. This will be the first Airmile token that unifies different frequent flier miles and other loyalty points programs in one currency.

Aeros native mobile app has 5 important features:

1) A wallet that keeps the aeros currency

2) An exchange mechanism to redeem for miles

3) A place where to find Earn and Redeem possibilities

4) A communication tool to talk to end-users

5) A peer to peer transfer of Aeros or payment module

It is a new payment method for passengers as well as a tool for airports to generate new revenues.

Aeros is not live yet but all the technology has been developed.

See video of mobile app & wallet attached

See the presentation of the Aeros solution program

See Aeros mock-up website video demo

Cardano is the perfect platform to run Aeros on a blockchain and allow members to exchange currency on a peer-to-peer base or to retailers.

Loyalty programs concentrate the biggest amount of members with currencies in their accounts. There is no better target audience than reward programs since their currency depreciates over time but crypto tokens can offset this problem since they could appreciate it in the future.

There are millions of members around the world and many are frustrated with the Airmiles redemption alternatives, so crypto could be a great one.

I think technology can be challenging since we don't understand yet how the Cardano system works but looks like tokenization of Aeros will not be a big issue.

[FEASIBILITY]

We usually work with our technology team in Sprints, each of them is defined first and is adjusted on a weekly basis by grooming. We estimate we will need at least 20 developing sprints, or 5 months total to launch a customized fully functioning MVP.

Sprints are detailed with use cases and each of them corresponds to different features of the solution.

All sprints are reflected in a live document with a Dashboard, execution Plan by dates, a backlog, and a Grooming list.

Month 1:

Planning and Initiation

Definition of Aeros system (values, exchanges)

APP Wallet set up and customization

Earn and Spend Aeros set up

Graphic design, logo, brand, and colors definition of the program

Month 2:

Set up Back end admin for the Aeros system

Web design Earn and Spend options

Web integration with Aeros currency admin

Finalize graphic design deliverables

Month 3:

Integration of mobile APP with web solution under the same currency Aeros

Cardano Blockchain integration to the Wallet

Native token set up plan and tokenomics definition

Month 4:

Integration with airline providers

Testing of Aeros exchange to miles

Testing of blockchain transactions and wallet

Month 5:

Set up all systems into Amazon web services

Features adjustments

Testing and launch of MVP

We estimate most of the cost will be in developing and integrations.

App development and customizations

1 mobile developer full time, 5 months @ 3000/ month = 15k

Web site development and customizations

1 web developer full time, 5 months @ 3000/ month = 15k

Blockchain integration and tokenization

1 full stack developer full time, 4 months @ 3000/ month = 12k

Backlog and direction of developers

1 CTO and scrum master 5 months @ 3000/month = 15k

Marketing and design of the brand, website and app

1 graphic designer, 2 months @3500: = 7k

Overall direction of the project

1 project director 5 months @ 3000 = 15k

Amazon web services set up =1k

TOTAL US$ 70000

Gonzalo de los Rios - Project director

My background is in Economics and Loyalty.

Entrepreneur and part of UC Berkeley Skydeck program with Aeros Wallet. Also part of British Airways incubator program.

Worked within redemption of miles for partners like United Airlines, Avianca Airlines, and British Airways among others.

Developed a Loyalty currency system with a total valuation of US$22M in currency.

<https://www.linkedin.com/in/gonzalo-de-los-rios-a8a9/>

Rafael del Corro - CTO and Scrum master

Founder of many (tech and non-tech) startups, experienced in technology and strategy.

<https://www.linkedin.com/in/rdelcorro/>

Franco Fadini - Lead / Prod. Developer

Vast experience in building multiple MVP projects from scratch (mobile, web, backend) and leading teams.

<https://www.linkedin.com/in/francofadini/>

Agustin Campos - UI/UX Spec developer

UX Designer for digital products with experience in Agile methodologies. Worked for 500 fortune companies and small agencies.

<https://www.linkedin.com/in/agucampos/>

Gustavo Lombardi - PM Communication & Marketing

Marketing and Brand Communications Strategist with experience in VISA and Fintech companies.

https://www.linkedin.com/in/gustavolombardi/

Juan Herrera - Graphic design

Marketing and Communication Strategist and Co-Founder en LOCO Digital Agency

<https://www.linkedin.com/in/juanhrr/>

Lucas Sasso - PM Web developer

Woocomerce specialist and Ecommerce integration tool expertise

<https://www.linkedin.com/in/lucas-daniel-sasso/>

Javier Santiago Ortiz Correa

Ph.D. in Economics - University of California specialized in data, market analysis, and project evaluation.

<https://www.linkedin.com/in/javiersantiagoortiz/>

[AUDITABILITY]

As mentioned, all sprints are reflected in a live document:

Dashboard

Where all the sprints are accounted for and the number of hours spent

Product snapshot divided in Core app, wallet, exchange, Earn, Spend, Pay module, movements, notifications.

Also the minimum requirements

Sprints Plan

Divided into 5 sprints with dates and status

Backlog

Each use case has its own ID with its correspondent extension (Core app, wallet. etc)

Minimum requirement, status, and sprint allocation is reflected here

The release date is also reflected in this backlog list

Grooming

Here the use cases are prioritized by low, medium, or high, and status is also reflected

Becoming the first Airmile token in the world to be integrated with many airlines and loyalty programs.

The development and launching of the three key elements of the currency system will be a success.

1) MVP customized Aeros mobile wallet, with balances, QR code transactions plus Earn and spend currency capabilities functioning.

2) MVP customized Aeros web where members can Earn and Spend currency.

3) Aeros as a Cardano native token with tracking of issue and redemption of Floras currency

It is not.

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