Detailed Plan
.
Introduction
There are several fundraisers that do a lot of good for the society by channelising the resources. However, there aren't enough platforms which allow transactions in cryptocurrency or which allow cryptocurrency but provide assurances against scams. For the causes that people decide to support, they would want assurances that the entity collecting their donations is trustful.
If the entities seeking funds are verifiable by DID then it assures the supporting community of the identity of those who collect the funds.
We believe that by developing a fundraiser platform and integrating with Atala PRISM, we can enable a niche platform in the cryptocurrency domain.
Solution
- A web-based platform where entities can sign up and run fundraiser campaigns. Entities need not have DID at the time sign up but need to obtain one before conducting activities on the platform.
- Community members can discover running campaigns and donate to the causes they like.
- Payments from donors enabled through smart contracts.
Roadmap
<u>February 2022</u>
- Requirements gathering
- Design Prism integration flow
- Payment smart contract prototype.
<u>March 2022</u>
- System architecture for platform
- Web interface design
- Prototype verification of Prism DID
- Payment smart contract prototype.
<u>April 2022</u>
- Web platform development
- Integrate with Prism and PAB.
<u>May 2022</u>
- Test with public testnet and Prism test environment if available.
<u>June 2022</u>
- Mainnet launch
Success metrics
<u>After 3 months</u>
- Platform completely developed
<u>After 6 months</u>
- Platform successfully launched on testnet
- Platform successfully launched on mainnet
<u>KPIs</u>
- Entities signed up on the platform.
- Number of entities with Prism DIDs and conversion rate of signed up entities to Prism DID verified entities.
- Total $ADA of resources mobilized.
Team
The Loxe Inc. team is behind this proposal. We are a team of Plutus and Prism Pioneers and experienced web developers. We have been funded previously through Catalyst in Fund 6 for the following proposals:
- Win-Win Dispute Resolution: <https://cardano.ideascale.com/a/dtd/368353-48088>
- Gravatar for ADA Wallets: <https://cardano.ideascale.com/a/dtd/367448-48088>
- Proof of identity for mediators: <https://cardano.ideascale.com/a/dtd/368367-48088>
Besides, we are building partnerships with other projects being developed in the Cardano and Catalyst ecosystems, such as the Proposal Mentor Marketplace (https://cardano.ideascale.com/a/dtd/369749-48088).
Our team site ( <https://winwin-team.web.app/> ) has additional information on each team member incl. LinkedIn and/or Github links.
Budget
- Labor (at an average rate of $3,000 / mo.) totaling $66000:
- 2 Front end developers (part time for 3 mo.):
- 2 Backend developers (part time for 4 mo.)
- 1 Tech lead (part time for 4 mo.)
- 1 Project Manager (part time for 4 mo.)
- Tech services (hosting, GCP, GSuite etc.) 1 year: $2000
- Marketing: $1500
- Total: $69500
