[IMPACT] Please describe your proposed solution.

The ArtCardano project aims to solve the lack of curated, sustainable digital art collections in the Cardano ecosystem by developing a dedicated platform. This platform will feature carefully curated pieces from globally recognized artists, curators, and art institutions. These collaborations will add prestige to the platform, attracting attention and fostering a thriving community of digital art enthusiasts, collectors, and investors.

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

The ArtCardano project will enrich the Cardano ecosystem by integrating a curated, sustainable marketplace for digital art and NFTs. This marketplace will host exclusive collections and virtual exhibitions, showcasing pieces from renowned artists and institutions. These curated collections will boost the intrinsic value of the NFTs and provide unique visual and interactive experiences, attracting collectors and art enthusiasts. Additionally, the project will embody sustainability principles, appealing to users who prioritize eco-friendly practices. This has the potential to significantly increase the user base, transaction volume, and overall activity within the Cardano ecosystem. It also positions Cardano as a prominent hub for digital arts in the blockchain world.

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

The success of the project will be measured by the successful launch of the platform, user acquisition and engagement metrics, the creation of curated collections and exhibitions, and the adherence to sustainability goals. User feedback, engagement levels, and transaction volumes will serve as indicators of success. The project's impact on the Cardano ecosystem will be evaluated based on the increase in active users, transaction volume, and the platform's reputation as a hub for digital arts.

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

The project's outputs and results will be shared with stakeholders and the community through regular project updates on social media as well as discord. These updates will detail completed tasks, ongoing activities, milestones reached, challenges encountered, and adjustments made. The project's results will also be shared with the wider Cardano community, highlighting the achievements, impact, and opportunities arising from the project.

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

Our team has robust experience in blockchain technology, digital art curation, and sustainability. Stale, Kieran, and Adawg have development experience particularly revolving art markets. Chadi is a professional artist and has displayed in galleries throughout the world. Nic has extensive sales experience. The team's expertise and established relationships in the field will contribute to the project's trustworthiness and accountability.

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

The main goals for the ArtCardano project include platform development, artist collaboration and onboarding, collection creation and exhibition setup, and final launch and marketing. These goals will be achieved through a 12-month timeline with specific milestones and tasks. The feasibility of the approach will be validated through the successful completion of each milestone and the achievement of predefined success criteria.

[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.

The ArtCardano project will follow a 12-month timeline split into four primary phases:

1. <u>Platform Development (Months 1-4):</u> Design and develop the platform infrastructure, integrate it with the Cardano blockchain, and create a user-friendly interface capable of handling high transaction volumes.
2. <u>Artist Collaboration and Onboarding (Months 5-7):</u> Onboard renowned artists and institutions, collaborate with them to digitize their works, and integrate them into the platform.
3. <u>Collection Creation and Exhibition Setup (Months 8-10):</u> Assist artists in creating NFT collections, set up virtual exhibitions, and ensure proper representation, marketing, and transaction execution.
4. <u>Final Launch and Marketing (Months 11-12):</u> Officially launch the platform after thorough testing and user feedback. Conduct aggressive marketing and promotion to attract users to the platform.

The specific tasks and activities within each phase will be further detailed in the project plan and will be subject to adjustment based on the project's progress and emerging requirements.

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

1. <u>Platform Development: </u>The deliverables include a fully developed platform infrastructure integrated with the Cardano blockchain, a user-friendly interface, and a platform capable of handling high transaction volumes. The intended outcome is a functional and secure platform for curated digital art collections.
2. <u>Artist Collaboration and Onboarding:</u> The deliverables include collaborations with renowned artists and institutions, digitized artworks integrated into the platform, and established partnerships. The intended outcome is a curated collection of digital artworks from globally recognized artists.
3. <u>Collection Creation and Exhibition Setup:</u> The deliverables include properly represented and marketed NFT collections, virtual exhibitions, and seamless transaction execution. The intended outcome is engaging and visually appealing virtual exhibitions showcasing curated digital art collections.
4. <u>Final Launch and Marketing: </u>The deliverables include the official launch of the platform, successful user onboarding, and aggressive marketing and promotion efforts. The intended outcome is increased user engagement, transaction volume, and the establishment of ArtCardano as a prominent hub for digital arts in the Cardano ecosystem.

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

The team required to complete the project consists of the following members:

• Three Blockchain Developers: 2 months, 50,000 ADA
• Art Curation and Marketing: 10 months, 30,000 ADA

The total team budget for the 12-month period is 80,000 ADA

We’re committed to self-funding or finding alternate funding to meet the remaining project cost if additional costs are incurred.

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

The ArtCardano project team consists of the following members:

<u>Chadi Nassar as the Project Manager:</u>

• Role: Overseeing, ensuring goals and milestones are met, and coordinating with the team.

<u>Stale, Kieran, and Adawg as Blockchain Developers:</u>

• Role: Responsible for the technical aspects of the platform, including its integration with the Cardano blockchain.

<u>Marketing and Artist Outreach by Nic:</u>

• Role: Liaising with artists and curators, ensuring accurate representation of artworks on the platform.

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

The project's impact on the Cardano ecosystem, such as increased user engagement, transaction volume, and reputation as a hub for digital arts, presents long-term value for the ecosystem. The project aims to attract artists, curators, collectors, and investors, fostering a vibrant community and driving economic activity within the Cardano blockchain. We will be making a home for artists from outside our ecosystem within our ecosystem.

Taking into account that we will also be self-funding if needed, the costs associated with the proposal are justified based on industry standards and the complexity of the tasks involved. The rates for team members align with their level of expertise and the prevailing market rates for similar roles. The budget is proportional to the project's goals and objectives, representing a reasonable investment for the expected outcomes and impact it will bring to the Cardano ecosystem.