Bring NFT To Life
current project status
Current Project Status
unfunded
Total
amount
Received
$0
Total
amount
Requested
$38600
Total
Percentage
Received
0%
$ Received out of $38600
Solution
Giving mint users an NFT depends on how much that user contributes to the community. The higher the level the NFT owner will get, the more benefits.
Problem
Very few projects on Cardano bring NFT to life and provide real value to its owners.
Impact alignment
Feasibility
Value for money

Team

  • download
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[IMPACT] Please describe your proposed solution.

This is a proposal to help motivate users to contribute more knowledge to the website Wikicardano.io (a project funded by Fund8). This will speed up the speed of building the largest ever knowledge base of the Cardano Vietnam community.

WHAT IS THE PROBLEM

======

  • The current NFT is only for pumping, only price speculation.
  • There is no value or application in life.

HOW IT'S WORTH USING IN YOUR LIFE

======

Build NFTs to function as membership cards. When the owner of that card contributes more and more value to the organization, he will enjoy more and more incentives from the organization and its affiliated partners.

USER OBJECT

======

  • Member to contribute knowledge and edit content on wikicardano.io
  • Members with NFT are allowed to join the whitelist list or early purchase of tokens or NFT of projects that are partners of wikicardano.io

BENEFITS FOR USERS

======

  • Buy products or services at discounted prices at wikicardano partners. Example: Buying coffee with 20% discount at partner stores
  • Participate in early purchase of public sale, and private sale rounds in the partner system.

PRODUCT BUILDING PROCESS

======

  1. Design 06 NFTs according to each level
  2. User interface design that helps people qualify to be able to Mint NFT
  3. Write smart contracts
  4. Deploy the beta for the first 10 Mint people
  5. Design a terminal application that helps partners identify and retrieve information from the NF
  6. Find partners and offer to cooperate
  7. Test with the first five users
  8. Launch and measure efficiency.

[IMPACT] Please describe how your proposed solution will address the Challenge that you have submitted it in.

This is an idea that no other CarThis proposal will help increase the number of knowledge contributors to the wikicardano.io and the Cardano ecosystem. Help the Cardano community grow.

This is a revolutionary initiative aimed at bringing blockchain to life, which the Cardano ecosystem aims for.

If this proposal is successfully implemented, many other projects will have more motivation and confidence to bring blockchain to life.dano projects have ever implemented.

[IMPACT] What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?

  • The bad guys will use tricks to be able to mint out many NFTs
  • ADA price slippage

The solution to the risks

  • Control the number of NFT mints for the first time.

  • Apply for an additional $ 4,000 financing in case the price fluctuates.

    [FEASIBILITY] Please provide a detailed plan, including timeline and key milestones for delivering your proposal.

We plan to implement this project in 6 months and split it into two phases.

<u>Phase 01</u>: 3-month plan

  • Planning and assigning work
  • Design NFT according to 06 levels: Silver, Gold, Platinum, Ruby, Sapphire, Diamond
  • Write smart contracts
  • Build interfaces to help users create NFT
  • Build a system integrating NFT with Wikicardano.io
  • Application development to get information from NFT and export information to partners.

<u>Phase 02</u>: The next 3-month plan

  • Search and offer to cooperate with partners

  • Try the NFT mint for 5 test users

  • Launch for NFT mint users

  • NFT holders can purchase discounted goods at partner stores and buy tokens for private rounds, publicly selling partner projects.

  • Evaluate and measure the effectiveness.

    [FEASIBILITY] Please provide a detailed budget breakdown.

(1). Cost of NFT 3D design, quantity of 06 pieces: 40 $ * 75h = 3,000 $

(2). Cost of designing and programming the user interface to create an NFT: $ 50 * 10h = $ 5,000

(3). Cost of writing a smart contract: $ 70 * 21h = $ 14,700

(4). The Cost of building the application to help partners get the information from the NFT that the user owns: $ 50 * 15h = $ 7,500

(5). Cost of searching and requesting cooperation: $ 20 * 20h = $ 4,000

(6). Slippage cost of ADA contingency (10% of budget) = $ 3,400

(1) + (2) + (3) + (4) + (5) + (6) = 38,600

[FEASIBILITY] Please provide details of the people who will work on the project.

We are comprised of 3 core members

<u>1.Team leader - Mr. Tuan Anh</u>

Facebook: <https://www.facebook.com/tuananh.le.1694059/>

Linkedin: <https://www.linkedin.com/in/le-tuan-anh-352143156/>

Telegram: https://t.me/tuan_anh_nam_dinh

Tasks**:** Build ideas, Design structure, plan work, assign tasks to team members, recruit, communicate, and attract new users.

Experience:

- 10 years of experience in building websites and digital advertising for small and medium businesses

- More than five years of experience in blockchain financial research and investment

- Leader of Jaguar - Specializes in research and analysis of projects on Cardano

Source:

https://baodom.net

<u>2.Technical Lead – Mr. Hoi</u>

Linkedin: <https://www.linkedin.com/in/hoiln-dev/>

Tasks: Full-Stack Web Developer, write smart contracts.

Experience:

  • 7 years of Full-Stack programming experience
  • 2 years of solidity programming experience
  • In the process of completing the Plutus Pioneer Program

<u>3.Designer – Mr. Son</u>

Facebook: <https://www.facebook.com/sntnkt>

Behance: <https://www.behance.net/sontuankiet2420/>

Tasks: 3D NFT design

Experience:

  • 3 years of 3d design experience

  • Working in a leading studio in Vietnam on NFT design, 3D rendering

    [FEASIBILITY] If you are funded, will you return to Catalyst in a later round for further funding? Please explain why / why not.

If it is funded, I can come back to apply for it in the following rounds.

Because the application for the partner to retrieve membership information on the NFT is a separate application. I think this is not convenient for our partner yet. So we plan to integrate getting membership information on the NFT using a wallet. But that needs more advanced wallet technology.

[AUDITABILITY] Please describe what you will measure to track your project's progress, and how will you measure these?

With the experience of a manager and at the forefront of a business with 100 employees and many large projects. I am very confident that I will complete the project on schedule.

We schedule assignments and work items for our members daily and measure completion.

Let's say any of the members are performing behind schedule. I will prompt and find out the cause to resolve this issue.

We currently have only one project in progress, so the workload is not too large and comfortable.

Finally, all the work we have done and completed is updated on the project's notification channel for the community to keep track of progress.Example: Make learn Cardano easier

Telegram: https://t.me/wikicardanovietnam

[AUDITABILITY] What does success for this project look like?

I hope this project will pave the way for the application of blockchain in life. The first is to put NFT on Cardano into practice. Treat these NFTs like membership cards and whoever owns it can benefit from the cardano partners and projects we associate with. From there, there will be many similar projects that bring more applications of blockchain to life.

<u>Our target</u>

  1. 20 NFTs generated by the user
  2. 6 users will use NFT to make promotional purchases at the partners we associate with
  3. 2 regular users

My goal is relatively low because the wikicardano project is under construction. So by the time, we finalized this proposal, very few wikicardano members had enough points to own the NFT.

[AUDITABILITY] Please provide information on whether this proposal is a continuation of a previously funded project in Catalyst or an entirely new one.

This is an extension of the previous proposal at Fund8.

Make learn Cardano easier

Purpose: This proposal motivates members to contribute to the content development of the previous proposal (wikicardano.io).

Sustainable Development Goals (SDG) Rating

SDG goals:

Ensure sustainable consumption and production patterns

SDG subgoals:

By 2030, achieve the sustainable management and efficient use of natural resources

Key Performance Indicator (KPI):

Domestic material consumption, domestic material consumption per capita, and domestic material consumption per GDP

Material footprint, material footprint per capita, and material footprint per GDP

Universal Human Rights Index (UHRI):

#proposertoolsdg

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