Please describe your proposed solution.
Anvil will create a metadata validator, which will function much like an auditing system for inputting metadata for assets generated on Cardano.
The proposed metadata validator would include two pieces. First, an easy-to-use UI for generating metadata, ensuring the quality of metadata and upholding key metadata standards, whether for an NFT or another asset. By utilizing the user-friendly UI and simply adding text when prompted, users will be able to optimize the time it takes to generate the metadata for a single asset, or collection of assets, on Cardano. The second piece will be a metadata validator package for developers, which will serve to validate the metadata json.
Anvil's solution paves the way for project founders, developers, and individual asset creators, among many other users, to focus their time and concentration on more creative tasks. This will accelerate adoption within the Cardano NFT ecosystem and ease the process of creating NFTs on Cardano, which in turn will drive growth and create a more sustainable ecosystem.
The proposed solution aligns with Cardano's goal of becoming the leading blockchain for NFT projects and collections. Moreover, the solution will make it easier for project teams with little experience of building on Cardano to correctly generate asset metadata. Easing this process will be essential if Cardano is to attract real-world businesses that are looking to create NFTs for real estate, financial, identity or credential services.
Anvil’s long-term goal is to create a metadata validator that is highly cost efficient, while still generating enough revenue to maintain the tool and update the prompts whenever necessary. This will be crucial if the metadata validator is to evolve as the Cardano ecosystem evolves. As such, there will be a cost associated with the generation of metadata for each collection created through the platform, which will be implemented at platform launch.
How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?
Currently, there is limited advice and support for inputting metadata for assets generated on Cardano. Consequently, the quality of metadata is highly variable and metadata standards are inconsistently applied. Our proposal is to create a Cardano tool, which prompts users to input the correct type of information, and proofs this input for compliance with metadata standards and appropriate use of key terms. This tool will save users time and energy, enabling users to focus on the things that matter more to them. Over the long term, this will reduce barriers to entry for newcomers and help to scale existing projects within the Cardano ecosystem, accelerating adoption, driving growth, strengthening community standards, and ultimately helping to foster a more sustainable ecosystem.
How do you intend to measure the success of your project?
-Total number of assets generated using metadata normalizer
-Total amount of data computed using metadata normalizer
-Calculate time saving potential
-Gauging and Capturing community feedback
Please describe your plans to share the outputs and results of your project?
Our plan for sharing the outputs and results of our project revolves around transparent communication with our existing audiences, and the widespread dissemination of information.
We will provide regular updates to the Cardano community through various channels. This will include publishing blog posts and GitHub updates. Furthermore, we will utilise social media such as Discord, Reddit and Twitter to share insights into project developments and success stories.
In addition to sharing our experiences, we are committed to collaborating with projects within and beyond the Cardano ecosystem. By establishing strategic partnerships with project partners, we can leverage their networks to amplify the reach of the proposed metadata normalizer. Through joint initiatives and integrations with other projects, we will maximise the visibility and impact of our results.
Ultimately, our goal is to share the outputs and results of the metadata normalizer in a transparent and accessible manner. By effectively communicating our progress, collaborating with partners, and actively engaging with the community, we will ensure that our project's outcomes reach a broad audience and contribute to the overall development of the Cardano ecosystem.