AI Blockchain Activity DApp 🚀

[IMPACT] Please describe your proposed solution.

<u>The "Why" Behind Our Startup Project</u>

Tagline: Activity + Mobility = Tryp To Anywhere | Explore Everywhere

TRYPTO (www.tryp.to website under development) focuses in developing an AI DApp / MaaS developed on the Cardano Protocol. Targeting customers / travelers in the mobility / transportation industry. Individuals who use and implement the DApp by mobilizing from one location to another will receive TRYPCoins (TRYP) as a reward, which then can be used towards mobility / transportation services or exchange TRYPCoins for other cryptocurrencies on known cryptocurrency exchanges.

Our goal is to provide a solution and support for the mobility industry by combining Artificial Intelligence & Blockchain Technology. TRYP will be an e-commerce network platform and Security / Utility Token for the global mobility and transportation industry.

Current mobility and transportation challenges:

Negative impact on climate / environment.
Safety concerns.
Time. Drivers spend hundreds of billions of hours driving and getting stuck in traffic. People could spend that time doing something more productive.
Efficiency perspective. People only use their cars 4% of the time. 96% of the time take up space and depreciate.
Most if not all mobility / transportation companies are disconnected or siloed.
Mobility and transportation services are becoming more expensive, complicated, inefficient, unsafe, time consuming and frustrating for customers desiring to travel.
Surging gas and transportation prices.

Proposed Solution:

What if we could utilize resources more efficiently?
What if we could have mobility and transportation networks, autonomous and electric vehicles alike drive customers, spreading out the economic and environmental impact more efficiently?
What if we could simplify and unify these networks into one decentralized ecosystem?
What if we could put customers first, motivating (incentivizing) people to mobilize around cities/countries? Establishing an efficient ecosystem which will benefit everyone?

We aim to enter a multi-trillion-dollar market, increase competition in a great way for consumers by doing something important, meaningful and productive.

It would be a major economic and environmental win.
Putting people first. Allowing individuals (customers / travelers) to access one decentralized platform, where privacy data is protected. Where users are incentivized by staying active, mobilizing / traveling; having the flexibility to use their accumulated TRYPCoins or crypto incentives towards any travel arrangements.

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

How are we solving this problem? What makes our approach stand out?

Our main goal is to provide a sustainable solution for the activity, mobility / transportation industry by utilizing Artificial Intelligence and Blockchain Technology.

Through the TRYP DApp we are creating and implementing the first Cardano Blockchain (Hydra: Cardano & Blockfrost.io) based platform for travelers and transport company networks. Through the TRYP DApp, customer’s activities (recorded as steps), feedback will be recorded; allowing mobility companies to have access to current, valuable market research data and trusted passengers’ actions and feedback. It will be an efficient / powerful tool which will improve service quality and a loyal passenger base.

Through self-executing smart contracts, the TRYP DApp will assure optimal autonomy, transparency, trust, speed, and safety thus mitigating any risks in connection with manipulations.

<https://sdgs.un.org/topics/sustainable-transport>

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

Assuming & Accepting Risk:

Risks impacting cost.
Risk impacting schedule.
Risk impacting performance.

Main risks:

Development and startup costs.
Project schedule.
Project quality and performance.

Secondary risks:

Downturn in economic market.
Unifying partnering with mobility / transportation companies.
Governmental policies / restrictions on tech innovation.

Avoidance of Risk:

Risk to cost
Outlining all anticipated costs as well as account for any costs that could come up so that the consequences of going over budget can be avoided.
Risk to schedule
Identifying issues that could come up that would affect the timeline of the project. Important deadlines, due dates and final delivery dates can be affected by risks, such as being overly optimistic about the timeline of a project.
Risk to performance
Mitigation of performance risks, such as insufficient resources to perform the work, inadequate design or poor team dynamics, can allow a project team to identify possible ways to avoid these types of risk situations that may cause issues with project performance.

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

Roadmap / Milestone for TRYP DApp Project

First Phase | Development of the TRYP Activity DApp for Customers:

TRYP Activity DApp will allow users to accrue and collect TRYPCoins by moving and staying active (i.e. moving from location A to location B).
Challenges and incentives will be implemented to encourage customers to use the TRYP Activity DApp.

Second Phase | Development of TRYP DApp for Enterprises:

Transportation companies will have access to current market research and profile transportation networks (such as airlines, metros, taxis, autonomous vehicles).
It will be an intuitive and efficient tool to improve service quality and establish a loyal passenger database.

[FEASIBILITY] Please provide a detailed budget breakdown.

The following breakdown is for the First Phase of the development (as stated above):

Marketing Specification (10 - 12 weeks = $10,000):

Logo / Branding
Website Development
Promotions
Community and social media engagement
Documentation

Blockchain Development Specification (20 - 30 weeks = $80,000) :

Project management
High-level architecture and specification
Development and design
Distribution mechanism
Support
Preparation for audit
Budget for changes and unforeseen circumstances
Testing and quality control

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

Founder: https://www.linkedin.com/in/alexandercastro/

Team members under consideration.

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

Depending if project requires another round of funding.

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

Once the website and Dapp is established / developed we will utilize the following metrics:

Acquisition Metrics

Discovery
Downloads

Engagement Metrics:

Active users
Session length
Goals completed
User loyalty

Retention Metrics

Life-time value (LTV)
Retention rate

Quality Metrics

Automatic crash-report
Manual user feedback
App store reviews

Behavior Metrics

Devices & location
Usage-time & frequency
User actions

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

The following is what we envision for the project's success:

Expanding the Cardano Ecosystem.
TRYPTO will be an immersive and intuitive application. Empowering people with a rewarding experience.
TRYPTO will provide a transformative economic solution for communities / societies worldwide.
TRYPTO will be a solution which will revolutionize the autonomous, mobility and transportation industry.

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

It's a new proposal. Please help us spread the word!! 🚀

#FeedbackChallenge

Sustainable Development Goals (SDG) Rating

Below are the SDG areas we foresee our project making an impact:

bookmarked!