Please describe your proposed solution.
We are addressing the lack of open-source minting solutions on Cardano. The existing minting providers do not open-source their code, limiting transparency and community involvement. Open-sourcing the code can provide several benefits, including increased trust, collaborative development, and the ability for anyone to set up and customize their minting platform.
We will develop an open-source minting platform on Cardano, with a payment gateway and wallet integration with support for CIP25 and CIP68. Making the solution open source enables the community to review, contribute, and improve the codebase. The solution is going to be developed in Javascrypt/Typescrypt and also will be available as Docker containers ready to be deployed in a Kubernetes environment. The platform will provide the following features:
- Multisig minting for NFT and FT
- Support for CIP25 and CIP68
- Payment with Native assets like HOSKY, MIN, INDI, DISCO, SNEK etc.
- Payment with QR and automatic return in case of overpay
- Sale conditions (Whitelists, based on policy id, etc …)
- Payment gateway with wallet integration
- Sale phases to do a multi-stage sale of the collection.
- Royalty token minting
- Support for IFPS and On-chain minting
- Split earnings for multiple collection owners
- Import and export policy ids
- Configurable provider fee
- Mainnet and testnet
- Minting statistics
- Cost Breakdown
- Fast minting, no collection no sale phase, just upload image and metadata and mint
- Pay and send to other wallets
- Webhooks
Our project will engage developers, entrepreneurs, and community members interested in minting their tokens on the Cardano blockchain. It can also attract individuals and organizations seeking a transparent and customizable minting solution that integrates with payment gateways and wallets.
The unique aspect of the solution lies in its open-source nature, providing transparency, collaboration, and customization options. Also, this isn’t a project we need to develop from scratch but an existing minting solution we’ll port to open-source using the best tools available for it. Developers and users will benefit from the ability to review and contribute to the code, customize the platform to their specific needs, and leverage the integration with payment gateways and wallets. This openness and flexibility can foster innovation, adoption, and community participation in the Cardano blockchain, contributing to its growth and success.
Our solution aligns with the principles of transparency, decentralization, and community involvement that Cardano aims to embody. Our project can attract more developers and users to Cardano, enhance the range of tokenization options, and strengthen the overall value proposition of the blockchain platform.
How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?
The proposed solution of providing an open-source minting platform with a payment gateway and wallet integration addresses the challenge of the lack of transparency and community involvement in the current minting providers on Cardano. By open-sourcing the code, the solution promotes transparency and allows developers and users to review, contribute, customize and improve the platform.
The benefits this solution brings to the Cardano ecosystem are as follows:
- Transparency and Trust: Open-sourcing, the minting platform, builds trust within the community by allowing users to verify the code and ensure the platform operates as intended. This transparency fosters a more trustworthy and secure token creation and management environment.
- Community Collaboration: The solution encourages collaboration and collective problem-solving by allowing developers to contribute to the open-source codebase. This can lead to faster innovation, bug fixes, and the development of new features, benefiting the entire ecosystem.
- Customizability: Users can customize the open-source minting platform to suit their needs, enabling greater flexibility and adaptability. This customization capability allows for creating unique and tailored tokenization solutions on Cardano.
- Increased Adoption: The availability of an open-source minting platform can attract more developers and entrepreneurs to build on Cardano. The ease of setting up and integrating with payment gateways and wallets enhances the platform's adoption for token creation, thereby expanding the Cardano ecosystem.
- decentralization: The solution promotes a more distributed network by providing a decentralized minting solution where individuals can set up their instances using a Kubernetes environment. This aligns with the core principles of Cardano, fostering a decentralized and resilient ecosystem.
Overall, the proposed solution brings transparency, community collaboration, customizability, increased adoption, and decentralization to the Cardano ecosystem. It empowers developers and users, enhances tokenization capabilities, and contributes to the growth and success of Cardano as a blockchain platform.
How do you intend to measure the success of your project?
Measuring the project's success can involve a combination of quantitative and qualitative metrics. Here are some potential ways to measure the benefits and impact on the Cardano ecosystem:
- Adoption Metrics: Track the number of clones, forks and stars in the open-source minting platform. This metric reflects the level of interest and adoption within the Cardano community.
- Contributions to the Codebase: Monitor the number of code contributions, bug fixes, and feature enhancements made by the community (issues and PRs). This metric demonstrates the collaborative development and improvement of the platform.
- Community Engagement: Gather feedback and opinions from users, developers, and stakeholders through surveys or forums. This qualitative data can provide insights into user satisfaction, usability, and the overall impact on the Cardano ecosystem.
- Token Creation and Transactions: Monitor the number of tokens created and the volume of transactions processed through the minting platform. This metric reflects the platform's contribution to the growth and activity on the Cardano blockchain.
Additionally, the project's success can enhance Cardano's reputation as a blockchain platform that supports transparency, community participation, and developer-friendly infrastructure. It can position Cardano as a clear choice for tokenization and decentralized applications, further contributing to its productivity and long-term growth.
Please describe your plans to share the outputs and results of your project?
- Documentation and Technical Resources: Create comprehensive documentation that explains the project's purpose, functionality, and implementation details. This documentation should be publicly accessible and valuable for developers and users who want to understand and utilize the project.
- Open-Source Code Repository: Host the project's code on a well-known and publicly accessible version control platform like GitHub. Ensure the codebase is well-documented, organized, and easy for others to understand and contribute to.
- Release Announcements: Share project releases and updates on relevant platforms and forums. This includes posting release announcements on Cardano-related communities, developer forums, and social media channels to inform and engage the target audience.
- Developer Community Engagement: Participate in developer communities and forums related to Cardano and blockchain technology. Share insights, experiences, and lessons learned from the project. Engage with developers, answer questions, and seek feedback to foster a collaborative environment.
- Collaboration and Partnerships: Explore opportunities to collaborate with other projects, developers, or organizations within the Cardano ecosystem. Collaborative efforts can amplify the project's impact and reach a broader audience.
By following these strategies, you can effectively share the project's outputs and engage with the community.