Please describe your proposed solution

Key Product Features

Player Profiles:

• Detailed Information: Include performance statistics, gameplay history, achievements, and other relevant data.
• Decentralized Identifiers (DIDs): Ensure secure and verifiable digital identities for players.
• Showcase Skills: Allow players to highlight their skills and accomplishments to attract teams.

Team Profiles:

• Comprehensive Team Data: Provide information about team history, achievements, current roster, and management.
• Team Needs: Highlight the specific positions or skills teams are looking for in players.
• Reputation System: Include ratings and reviews from past player transfers and collaborations.

Search and Offer Platform:

• Advanced Search: Enable teams to search for players using filters such as skill level, game specialization, availability, and more.
• Direct Offers: Allow teams to send offers directly to players or their current teams.
• Negotiation Tools: Provide secure communication channels for discussing and negotiating terms.

Smart Contract-Based Contract Creation:

• Automated Contracts: Use smart contracts to automate the creation of transfer agreements, ensuring transparency and security.
• Legally Binding: Integrate with DIDs to enable the legal signing of contracts, making them enforceable.
• Customizable Terms: Allow customization of contract terms, including transfer fees, duration, and performance incentives.

Please define the positive impact your project will have on the wider Cardano community

The development of a decentralized transfer marketplace for esports players, leveraging the Cardano blockchain, is poised to deliver several positive impacts on the wider Cardano community:

1. Showcase of Cardano's Capabilities

• Real-World Application: The project serves as a high-profile, real-world application of Cardano's blockchain technology, demonstrating its utility in addressing complex industry problems.
• Innovative Use Cases: By integrating decentralized identity (DID), smart contracts, and secure data storage, the project highlights Cardano's versatility and innovation.

2. Increased Adoption and Visibility

• Mainstream Exposure: Partnering with BIG, a prominent esports team, brings significant exposure to Cardano within the global esports community, potentially attracting new users and investors.
• Ecosystem Growth: The success of the marketplace can drive further adoption of Cardano-based solutions across other industries, encouraging developers to build on the platform.

3. Strengthened Ecosystem Partnerships

• Collaborative Development: Working with UTXO AG (NMKR) and Yellow House GmbH fosters strong partnerships within the Cardano ecosystem, promoting collaboration and knowledge sharing.
• Community Engagement: The involvement of high-profile partners and the potential for community participation in the project's development and testing phases can strengthen community ties and engagement.

4. Enhanced Security and Trust

• Transparency and Trust: Utilizing Cardano's decentralized ledger for transparent and tamper-proof player transfers builds trust among stakeholders, showcasing Cardano as a reliable and secure platform.
• Security Best Practices: Implementing advanced security measures and privacy controls sets a standard for future projects on Cardano, enhancing the overall security posture of the ecosystem.

5. Economic Benefits

• Job Creation: The project can create job opportunities within the Cardano ecosystem, from development and marketing roles to operational and support positions.
• Economic Activity: Increased activity on the Cardano network, including transactions and smart contract executions, can drive economic growth within the Cardano community.

6. Technological Advancements

• Innovation: The development of the decentralized marketplace will likely lead to technological innovations and improvements in Cardano's infrastructure, benefiting other projects and developers.
• Feedback Loop: Real-world testing and feedback can drive enhancements in Cardano's smart contract capabilities, DID implementation, and overall blockchain performance.

7. Educational Opportunities

• Knowledge Sharing: Documenting and sharing the project's development process and outcomes can provide valuable learning resources for the Cardano community and beyond.
• Skill Development: Community members can gain new skills and insights by participating in or following the project's progress, fostering a more knowledgeable and capable community.

By addressing a significant industry need with innovative blockchain solutions, the decentralized transfer marketplace for esports players not only advances the esports industry but also significantly benefits the wider Cardano community, driving adoption, innovation, and economic growth.

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?

• BIG Esports Team: Partnering with a well-established professional esports team like BIG provides industry-specific insights and credibility, ensuring the solution is tailored to real-world needs.
• NMKR: Collaborating with NMKR, known for their expertise in decentralized applications and blockchain solutions, enhances our technical capabilities.
• Yellow House GmbH: Leveraging Yellow House GmbH for PR and marketing ensures robust communication and outreach strategies, building trust and visibility.

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

Milestone 1: Milestone 1: Research and Planning

A: Milestone Outputs

• Comprehensive market research report.
• Legal and regulatory requirements documentation.

B: Acceptance Criteria

• Market research identifies key needs of players and teams.
• Legal and regulatory requirements are clearly defined and approved by stakeholders.

C: Evidence of Milestone Completion

• Completed market research report.
• Approved documentation of legal and regulatory requirements.

Milestone 2: Milestone 2: Design and Architecture

A: Milestone Outputs

• Detailed architecture design document.
• User interface prototypes for profile creation, search, and contract management.

B: Acceptance Criteria

• Scalable and modular architecture design is reviewed and approved.
• User interface prototypes meet usability and functionality requirements.

C: Evidence of Milestone Completion

• Approved architecture design document.
• Feedback and approval of UI prototypes from stakeholders.

Milestone 3: Milestone 3: Smart Contract Development

A: Milestone Outputs

• Development of smart contracts for player transfers and automated payments.
• Documentation of customizable smart contract templates.

B: Acceptance Criteria

• Smart contracts are tested and verified for security and transparency.
• Smart contracts support customization for different terms and conditions.

C: Evidence of Milestone Completion

• Test reports and audit results of smart contracts.
• Documentation of customizable smart contract templates.

Milestone 4: Milestone 4: Integration of Decentralized Identifiers (DIDs)

A: Milestone Outputs

• Implementation of DIDs for players and teams.
• Integration documentation with existing DID systems.

B: Acceptance Criteria

• DIDs provide secure and verifiable digital identities.
• Seamless integration with existing DID systems is achieved.

C: Evidence of Milestone Completion

• Test reports and verification of DID implementation.
• Approved integration documentation with existing DID systems.

Milestone 5: Milestone 5: Testing and Optimization

A: Milestone Outputs

• Extensive testing results and optimization reports.
• Feedback collection from early users.

B: Acceptance Criteria

• Platform functionalities, security, and performance are validated.
• Necessary improvements are implemented based on user feedback.

C: Evidence of Milestone Completion

• Test reports and optimization documentation.
• Feedback forms and list of implemented improvements.

Final Milestone: Final Milestone: Launch and Continuous Improvement

A: Milestone Outputs

• Official launch of the marketplace.
• Ongoing monitoring and feature updates.

B: Acceptance Criteria

• Successful execution of the marketing campaign.
• Continuous improvement plan is in place and actively executed.

C: Evidence of Milestone Completion

• Marketing campaign metrics and user registration data.

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

• BIG Esports Team: Partnering with a well-established professional esports team like BIG provides industry-specific insights and credibility, ensuring the solution is tailored to real-world needs.
• NMKR: Collaborating with NMKR, known for their expertise in decentralized applications and blockchain solutions, enhances our technical capabilities.
• Yellow House GmbH: Leveraging Yellow House GmbH for PR and marketing ensures robust communication and outreach strategies, building trust and visibility.

Please provide a cost breakdown of the proposed work and resources

Total Ask: 1.4 Million ADA (currently approximately 700,000 USD)

Allocation:

1. Yellow House GmbH (20%):

• Purpose: PR and marketing efforts to promote the decentralized marketplace.
• Amount: 300,000 ADA (~150,000 USD)

1. Development (UTXO AG) (20%):

• Purpose: Design, development, and implementation of the marketplace platform.
• Amount: 300,000 ADA (~150,000 USD)

1. BIG the Esports Clan (60%):

• Purpose: Incentivize BIG's participation as the first test user, including branding, promotional activities, and content creation.
• Amount: 800,000 ADA (~400,000 USD)

This funding plan ensures that resources are allocated efficiently to support marketing, development, and initial user engagement, establishing a strong foundation for the successful execution of the Proof of Concept.

No dependencies

How does the cost of the project represent value for money for the Cardano ecosystem?

What does success look like?

Proof of Concept Goals:

• Validation: Demonstrate the feasibility and functionality of a decentralized marketplace for esports players.
• Feedback and Iteration: Gather valuable insights and feedback from early users, including BIG the Esports Clan, to refine and improve the platform.
• User Experience: Ensure that the platform is user-friendly, secure, and efficient for all participants.

Success Metrics:

User Engagement:

• Active participation from players and teams in creating profiles, searching for talent, and initiating transfers.
• Positive feedback on the usability and effectiveness of the platform's features.

Successful Transactions:

• Completion of player transfers using the smart contract-based system.
• Smooth execution of automated payments and legally binding contract signing via DIDs.

Community and Market Response:

• Positive reception from the esports community, indicated by social media engagement, content shares, and endorsements.
• Interest and inquiries from other esports organizations and players about joining the platform.

Scalability and Performance:

• Demonstration of the platform's ability to handle multiple transactions and user interactions without performance issues.
• Identification and resolution of any technical or operational challenges.

Long-Term Potential:

• Revenue-Generating Standalone Product: If the Proof of Concept proves successful, the platform can be expanded and enhanced into a full-scale, revenue-generating product.
• Partnership Opportunities: Foster long-term partnerships with esports teams, organizations, and stakeholders based on the platform's proven value.
• Market Expansion: Explore opportunities to integrate with other esports platforms and services, expanding the marketplace's reach and functionality.

Showcasing Cardano’s Capabilities

• Innovative Application: Demonstrates the practical application of Cardano’s blockchain technology in solving real-world problems, specifically within the esports industry, which is rapidly growing and highly visible.
• Technological Prowess: Highlights Cardano’s strengths in smart contracts, decentralized identity (DID), and secure data management, attracting attention from other industries and potential users.

Boosting Ecosystem Adoption and Growth

• Attracting New Users: The project’s success can attract players, teams, and esports enthusiasts to the Cardano ecosystem, increasing the user base and fostering community growth.
• Ecosystem Expansion: Encourages other developers and projects to build on Cardano, leveraging the platform’s capabilities for innovative solutions, leading to a vibrant and diverse ecosystem.

Economic and Financial Benefits

• Increased Transaction Volume: The platform’s operations will generate increased transaction volume on the Cardano blockchain, driving economic activity and utility for ADA.
• Job Creation: The project can create new job opportunities within the ecosystem, ranging from development and marketing roles to operational and support positions.

Community Engagement and Education

• Knowledge Sharing: The project’s development process, including challenges and successes, will be documented and shared, providing valuable learning resources for the Cardano community.
• Skill Development: Community members can gain new skills and insights by participating in or following the project, fostering a more knowledgeable and capable community.

Strategic Partnerships and Collaboration

• Strengthening Ties: Collaboration with BIG, UTXO AG (NMKR), and Yellow House GmbH strengthens ties within the Cardano ecosystem, promoting a culture of collaboration and shared success.
• Expanding Influence: Successful partnerships and project outcomes can extend Cardano’s influence in the broader blockchain and technology sectors.