[SOLUTION] Please describe your proposed solution.

Summary

When innovators in mainstream businesses and industries experimented with blockchain applications in the past, they were mostly frustrated by experiencing ‘overpromising and under-delivering.’ Therefore, blockchain is currently out of fashion; attention, interest, and money are flowing toward the next hype based on AI. Re-kindling engagement with blockchain is even more complicated, as there is no comprehensive catalog of implementable Web 3.0 applications for business and industry with business-focused problem/solution descriptions.

Here is where our proposal comes in: We will perform an industry-focused assessment of such Web 3.0 applications of the Cardano ecosystem and produce a detailed, business-value-focused catalog. This will be the basis for the potential subsequent development of solutions with ideal product/market fit. We plan to periodically update the Business Application Catalog (this project will cover the initial research and the first accessible prototype version of the catalog).

What we will deliver:

This project will produce the following deliverables:

• Establish the latest knowledge about value-adding and risk-reducing blockchain solutions for business and industry, described in a compact document.

• Proof: Concept Paper (approx. 10,000 words)

• Create a 2024 Pilot Catalog showing the identified applications and potential pathways to specification, development, PoC, piloting and implementation.

• Proof: Accessible on a dedicated Website & digital format (e.g. PDF)

• Creating communication material.

• Proof: Publicly available material for PR and communication (Primer, short presentation, short video clip)

The impact will be:

• Identifying major Web 3.0 applications with product/market fit

• Preparing the ground for eventual subsequent product and service specifications and developments

• Re-kindling the attention and interest of major players in business and industry

• Involving experts from business, industry, and academia

• Helping the community focus on real, promising applications

• Providing a professional starting point for an effective and efficient innovation funnel

  [IMPACT] Please define the positive impact your project will have on the wider Cardano community.

How this proposal delivers value to the Cardano ecosystem:

• Identifying promising opportunities: This project will identify THE most promising opportunities for future developments of business and industry applications.

• Grow awareness about CARDANO: The resulting catalog will be used in active PR/Communication (mainly on YouTube and LinkedIn) and will help position CARDANO as a value-adding application suite for future-proof business and industry applications.

• Grow expert relationships: Create close relationships with leading players in the creator and developer community as well as in the community of potential customers in business and industry.

• Basis for effective customer acquisition: The results of this project can be used for many activities with a focus on real-world clients and partnering up with businesses and industries.

How can/will success be measured?

• Number of solutions listed

• Number of interactions with potential clients and experts

• Number of involved tools, products, services, and solution providers

• Number of resulting product and service developments

• Number of resulting PoCs, pilot projects, and business/industry implementations

  [CAPABILITY & FEASIBILITY] What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?

The key players driving this proposal come from many years of related experience in well-known industrial corporations. The proposal will furthermore work near academic partners and regulatory and public sector experts.

The experience of the proposers provides strong evidence that there is extensive knowledge about project management and successful project execution, controlling, and reporting.

[Project Milestones] What are the key milestones you need to achieve in order to complete your project successfully?

Project, Processes & Team in place

• Output: Project execution and communication framework
• Acceptance Criteria:

1.1) GitHub project workspace created

1.2) Website landing page created,

1.3) Kickoff meeting held

• Evidence for 1.1) to 1.3): Short Demonstration Video, URL to Github, Website

Completion of Cardano dApp Review & Literature Review

• Output: Literature Study Chapter of the report completed
• Acceptance Criteria:

2.1) Review of dApps of the Cardano Ecosystem (since Fund 7)

2.2) At least 20 relevant literature sources reviewed (documented in the bibliography)

2.3) Report chapter with Literature Review description

• Evidence for 2.1), 2.2), 2.3): Short Demonstration Video, documentation

Completion of Expert Interviews

• Output: Expert interviews held and documented
• Acceptance Criteria:

2.4) Expert interviews with established experts in the blockchain solution area

and with experts from major businesses and industries

• Evidence for 2.4) Short Demonstration Video

Completion of Data Analysis Phase

• Output: Analysis Chapter completed
• Acceptance Criteria:

2.5) Documented results of the expert interviews

2.6) First draft of the Application Catalog

• Evidence for 2.5), 2.6): Short Demonstration Video, documentation

Results and Conclusions finalized

• Output: Draft of complete Concept Paper, including the conclusions and recommendations and draft of the Business Application Catalog
• Acceptance Criteria:

3.1) Draft of Concept Paper with approx. 10,000 words available,

3.2) Draft of the Business Application Catalog available (web or PDF)

• Evidence for 3.1), 3.2): Short demonstration video, URL to website or PDF

Primer and Presentations completed

• Output: Primer (short document), Presentation (short), Business Development Presentation
• Acceptance Criteria:

3.3) Primer with a summary of the Concept Paper (approx. 500 words),

3.4) Short Presentation (approx. 5 slides),

3.5) Business Development Presentation (approx. 30 slides)

• Evidence for 3.3) to 3.5): Short demonstration video, Primer, Presentation

Deliverables completed

• Output: Short Video and Business Development Video completed; all other deliverables quality checked and completed
• Acceptance Criteria: All deliverables available, consisting of:

4.1) Concept Paper (approx. 10,000 words)

4.2) Primer (approx. 500 words)

4.3) Short Presentation (approx. 5 slides)

4.4) Short Video (approx. 3 minutes)

4.5) Business Development Presentation (approx. 30 slides)

• Evidence for 4.1) to 4.5): Short demonstration video (explaining also how to access the material), documentation according to 4.1) to 4.5)

Not applicable.

Project completed

• Output: Official closing of the project according to Catalyst Guidelines
• Acceptance Criteria:

5.1) Close-out Report and

5.2) Close-out Video

• Evidence for 5.1), 5.2): Official Close-out Report & Close-out Video according to Catalyst Guidelines

  [RESOURCES] Who is in the project team and what are their roles?

Project Lead

• Didier Thomas: Didier has many years of experience in this field, coming from a long career at well-known industrial corporations. See LinkedIn

• Thorsten Potebaum: Thorstern is a very active player in the Cardano Catalyst community. Thorsten comes with a long industry experience in financial management, IT and cybersecurity (cybersecurity audit program manager). See LinkedIn

Additional Ressources

Besides our core team, this project will be supported by

• Freelance back-office resources

• Freelance development team (Web-application prototype)

• Freelance Domain Experts from business, industry and academia

• Selected external experts (to be interviewed during this project)

  [BUDGET & COSTS] Please provide a cost breakdown of the proposed work and resources.

Initiate Project, Processes & Team (Milestone 1)

• Project and Team Kick-off (5 hours x 250 ADA = 1,250 ADA)
• Back-office (10 hours x 125 ADA = 1,250 ADA)
• Total: 2,500 ADA

Total for Milestone 1: 2.500 ADA

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Completing Literature Review Phase (Milestone 2)

• Online Research (75 hours x 250 ADA = 18,750 ADA)
• Back-office Assistance (50 hours x 125 ADA = 6,250 ADA)
• Total: 25,000 ADA

Completion of Expert-Interview Phase (Milestone 2)

• Online Meetings (50 hours x 250 ADA = 12,500 ADA)
• Back-office support (20 hours x 125 ADA = 2,500 ADA)
• Total: 15,000 ADA

Completion of Data Analysis Phase (Milestone 2)

• Data Analysis and SWOT Analysis (55 hours x 250 ADA = 13,750 ADA)
• Back-office support (10 hours x 125 ADA = 1,250 ADA)
• Total: 15,000 ADA

Total for Milestone 2: 55,000 ADA

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Results and Conclusions finalized

• Completing Report Draft (35 hours x 250 ADA = 8,750 ADA)
• Back-office support (10 hours x 125 ADA = 1,250 ADA)
• Total: 10,000 ADA

Primer and Presentations completed

• Plot and Design (5 hours x 250 ADA = 1,250 ADA)
• Presentation Production Lead (50 hours x 250 ADA = 12,500 ADA)
• Back-office support (10 hours x 125 ADA = 1,250 ADA)
• Total: 15,000 ADA

Total for Milestone 3: 25,000 ADA

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All Deliverables completed

• Completing, quality checking and corrections: (50 hours x 250 ADA = 12,500 ADA)
• Back-office Support (20 hours x 125 ADA = 2,500 ADA)
• Total: 15,000 ADA

Total for Milestone 4: 15,000 ADA

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Project completed

• Quality Checking and Reporting
• Infrastructure and tools-share for the project (CAPEX & OPEX)
• Total: 2,500 ADA

Total for Final Milestone: 2,500 ADA

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

The following background is essential for understanding our project costing:

• We will handle the main work in Europe, where the average cost rate of ADA 250 per hour is the lowest rate possible for covering the risk of exchange-rate fluctuations, and the needs of our expert-level contributors, including the related taxation and social security costs.
• We will acquire freelance services like back-office support and web development from well-known resources, whenever possible, located in cost-saving locations (mainly Brazil).