Please describe your proposed solution.

Current Situation:

1. In the highly diverse community of Cardano enthusiasts, particularly ADA holders, there is a long-term vision extending from 5 to 10 years. However, in today's cryptocurrency market downturn, choosing to hold ADA as a waiting strategy also implies facing abandonment by some investors.
2. In this context, many investors are seeking ways to participate in the cryptocurrency market to increase their holdings. However, the volatile market always comes with high risks, posing a challenge for those lacking sufficient financial knowledge or the time to engage continuously in the 24/7 cryptocurrency market.
3. Faced with these challenges, some investors have begun exploring solutions in automated financial management applications. However, most of these apps still carry risks regarding safety and security. Among them, two popular approaches are using trading bots (copy trading) and participating in Yield farming apps (dApps).
4. While many choose to stake ADA for passive income, they also want to maintain opportunities for asset growth amidst market fluctuations. However, the process of moving assets from wallets to exchanges, placing buy and sell orders, calculating the quantity to sell, and determining the timing for withdrawals all require proactiveness and a strategic approach to optimize their staking process. Overall, careful consideration and in-depth market knowledge are crucial keys for those embarking on this long-term journey.

Technical Solution:

1. By creating BatchOrders through Smart contracts, this platform resolves users' eUTxOs based on strict conditions. This includes allowing spending of eUTxOs only when there is a new signature from the user, spending can only occur up to the new target price, and requiring them to be converted into new eUTxOs with corresponding token values.
2. Users can independently create their personalized eUTxOs based on their chosen strategy and submit them to BatchOrder, where they have full control over them anytime, anywhere.
3. To implement automated trading, a trading bot will interact between BatchOrder and various DEX platforms across the Cardano network.

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

The Dualtarget financial platform promises to be a comprehensive solution, assisting the ADA-holder community in optimizing their investment performance safely and automatically, without requiring them to spend excessive time monitoring price fluctuations. This not only retains existing ADA holders but also attracts interest from new investors, enhancing confidence in Cardano and solidifying the reputation of the Cardano blockchain. The "Dualtarget" platform, tailored to ADA and Cardano's betting mechanism, is not just a decentralized application (DApp) but also an intriguing tool that adds liquidity to the ADA ecosystem while ensuring absolute safety for all users. With Dualtarget, it pledges to deliver not only stable income but also an increase in assets for investors on their journey.

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?

We are full-stack developers, funded proposers, SPOs, Senior software engineers, blockchain tech-savvies

The team:

Mr. Nguyen Van Hieu

Bio: Founder of HADA stake pool, member of Plutus Pioneer Program, and Lead Technical Support at many successful startups.

• Telegram:
• Linkedin:
• Facebook:

Mr. Do Ngoc Minh

Bio: Computer Science Researcher, and Lecturer at the Information Technology Institute, Vietnam National University, Hanoi. Advisor for Open Educational Resources (OER) programs of UNESCO, ASIA, and Vietnam.

• LinkedIn
• Twitter
• Email: [email protected]
• Telegram

Mr. Nguyen Hong Sơn - Full-stack Developer/Blockchain Developer

Experience:

• More than a year of building and operating on the Cardano Blockchain platform

• 6 months working with Haskell and Plutus languages, 4 months working with Aiken programming language

• There is a project funded at fund 10, ranked 2nd in the Startup & Onboarding for Students category

• Experience in dApp development and skills in writing smart contracts with Aiken language

• 2 years of experience developing AI/machine learning/deep learning, data science, …

• Email: [email protected]

• Github

• Telegram

• Linkin

Here's what we've achieved in the Cardano Blockchain space over the years:

• We created an online blockchain technical center "Cardano tech hub"

• Training an offline class on Blockchain basics and Web3-bootcamp

(this is a picture of our class)

• Guide 5 groups of students in scientific research to win high prizes in the evaluation period of students' scientific research at the University of Transportation and Communications.
• Organization of building and training groups to learn Haskell/Plutus together for nearly 30 consecutive weeks. Videos are available here
• The members of the project are the core team who organized the Community-Led Events Cardano Summit 2022 and are currently organizing the Community-Led Events Cardano Summit 2023. We consist of technical experts from http://cardano2vn.io and professors from 5 major universities.

(This is the picture of the summit)

• Introduce and promote Blockchain and AI research and development to Universities

• We are collaborating with Gimbalabs to bring the Gimbalabs PPBL2023 course to Vietnamese in our native language.

• We have proposed and successfully executed 8 projects on Catalyst from Fund 6 until now. These 8 projects were completed according to the planned timeline and were highly regarded by the Catalyst community. All the information can be found here.

• We had successfully implemented the project Catalyst Events 4 Vietnam Students, Through this project, we saw the demand and potential from students in the blockchain field at Universities, so that is the reason why we submit proposals again

After the above results, we recommend this project to conduct offline events at Universities to improve understanding of Project Catalyst and Cardano Blockchain, attracting more developers to come to the campus. with Project Catalyst and the Cardano ecosystem. We believe this project will be a great success.

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

Project Initiation and Planning (1 month)

• Develop the project deployment plan.
• Conduct target analysis and user requirements.
• Construct the fundamental components of the platform.
• Research interactions with DEX platforms featuring ADA/stablecoin pairs (ADA/DJED…).
• Identify project team members and allocate roles and responsibilities.

>Development and Testing of Phase 1 Platform (1 month)

• Identify smart contract use cases and conditions.
• Develop smart contracts.
• Create wireframes, sitemaps, and UI/UX design for the user interface.

>Development and Testing of Stage 2 Platform (1 month)

• Implement and design automatic trading bots (DEX platforms and the overall platform).
• Deploy smart contracts onto the Cardano blockchain Proprod network.
• Create and test feasible and unfeasible scenarios for the smart contract.

> Platform Testing and Project Completion (1 month)

• Integrate and deploy the Dualtarget platform on the Cardano Blockchain Proprod network.
• Test, evaluate, and optimize the system.
• Summarize, assess, write, and create a video for the final project report.
• Project management: 1 hour per week x 18 weeks.
• Server rental cost for 6 months.

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

Mr. Nguyen Van Hieu - Project Manager/Blockchain Developer

Founder of HADA stake pool, member of Plutus Pioneer Program, and Lead Technical Support at many successful startups.

• Email: [email protected]
• Telegram: t.me/nvhieu1978
• Linkedin: https://www.linkedin.com/in/nguyen-van-hieu-b4410121b/
• Facebook: https://www.facebook.com/hieu.nguyenvan.794628

Mr. Nguyen Hong Sơn - Full-stack Developer/Blockchain Developer

Experience:

• More than a year of building and operating on the Cardano Blockchain platform

• 6 months working with Haskell and Plutus languages, 4 months working with Aiken programming language

• There is a project funded at fund 10, ranked 2nd in the Startup & Onboarding for Students category

• Experience in dApp development and skills in writing smart contracts with Aiken language

• 2 years of experience developing AI/machine learning/deep learning, data science, …

• Email: [email protected]

• Github: https://github.com/sonson0910

• telegram: https://t.me/sonson211992

• linkin: https://www.linkedin.com/in/michael-flynn-a34325283/

Please provide a cost breakdown of the proposed work and resources.

The detailed budget breakdown table is provided here.

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

The project costs reflect the value of the funds we invest in the Cardano ecosystem across various dimensions:

Research, Development, and Integration:

Investing in the development and integration of Dualtarget on the Cardano network requires in-depth knowledge and advanced technology. The costs associated with research and development ensure that we apply the latest technologies and methods to ensure optimal performance and security.

Project Management:

Effective project management is crucial to ensure the progress and quality of the project. The costs of project management are a relatively small but significant part of the budget.

Server Hosting:

The expenses related to server hosting constitute a substantial portion of the budget as it is the necessary infrastructure for deploying and maintaining Dualtarget.

We review these costs from the perspective of the value of the cryptocurrency, ensuring that every coin spent brings benefits to the development and provides advantages for ADA holders and the Cardano ecosystem. These costs not only reflect the in-depth value of the project but also contribute to the sustainable and positive development of the Cardano community.