not approved
Multi-chain NFT Marketplace & Launchpad with Staking & MileStone Based Funding for INO projects
Current Project Status
Unfunded
Amount
Received
₳0
Amount
Requested
₳190,000
Percentage
Received
0.00%
Solution

milestone-based funding system within the Multi-chain NFT Marketplace & Launchpad to ensure project accountability & prevent scams by releasing funds only upon achieving predefined project milestones.

Problem

Preventing NFT sale scams by implementing multi-chain milestone-based funding ensures project accountability, stopping scammers from deceiving investors

.Image file

Image file

Team

1 member

Multi-chain NFT Marketplace & Launchpad with Staking & MileStone Based Funding for INO projects

Please describe your proposed solution.

Our proposed solution is a Multi-chain NFT Marketplace & Launchpad with Staking, designed to address the challenges faced by creators, investors, and collectors in the NFT space. We perceive a lack of interoperability, limited funding opportunities, and a fragmented market as key problems.

Outline of the process for project milestones and fund release within the launchpad:

Milestone Planning and Community Approval

  1. Milestone Definition: Every project applying to the Launchpad is required to present a detailed roadmap with clear, achievable milestones and associated costs for each stage of development.
  2. Community Oversight: Once submitted, these milestones and cost breakdowns undergo community scrutiny and approval. Community members review, discuss, and vote on the proposed milestones, ensuring transparency and aligning interests between project creators and investors.

Funds Release Mechanism

  1. Successful NFT Sale: Upon the successful conclusion of the NFT sale and achieving the desired fundraising goal, the raised funds are securely held in escrow.
  2. Milestone-Based Fund Release: As the project progresses and reaches predetermined milestones, project creators request fund releases tied to these achievements.
  3. Community Voting: For each milestone, community members who participated in the initial sale are invited to vote for or against the fund release. This democratic process ensures accountability and guards against misuse or non-compliance with project commitments.
  4. Released Funds: Funds are released only upon a majority consensus vote from the community. This step-by-step release of funds as milestones are met ensures accountability and incentivizes project teams to meet their commitments.

Impact and Transparency

  1. Enhanced Trust: The milestone-based funding approach fosters trust within the community, providing investors with transparency and assurance that their contributions are tied to tangible project progress.
  2. Community Engagement: This participatory model encourages active involvement of community members in the project's success, fostering a sense of ownership and collaboration.
  3. Mitigating Risks: By linking fund releases to verified project achievements, the Launchpad significantly reduces the risk of scams or rug pulls, protecting investors' interests and the integrity of the platform.

The Launchpad's milestone-based funding mechanism, coupled with community oversight and engagement, forms a robust framework that promotes transparency, accountability, and success for projects while safeguarding the interests of investors and contributors.

Birble.store will integrates a milestone-based funding mechanism into the Multi-chain NFT Marketplace & Launchpad. This ensures accountability by releasing funds to project creators only upon achieving predetermined project milestones. By smartly linking funding to tangible progress, it prevents scammers and rugpullers from deceiving investors by providing transparent checkpoints, enhancing trust, and ensuring project delivery.

Our approach is to leverage the power of multiple blockchains, offering seamless access to a wide range of NFTs and funding opportunities through a user-friendly platform. We will engage with artists, creators, investors, and collectors, fostering a vibrant community and facilitating collaboration.

The uniqueness of our solution lies in the integration of multi-chain functionality, providing users with expanded options and a diverse selection of NFTs. The inclusion of a launchpad and staking feature will further enhance engagement and participation in the ecosystem.

The benefits of our solution extend to various stakeholders. Creators will gain broader exposure, increased funding opportunities, and simplified access to multiple blockchain networks. Investors will have a curated selection of high-quality projects and staking options to generate passive income.

Collectors will enjoy a diverse marketplace and the ability to engage with their favorite artists directly.

This solution is important to Cardano as it aligns with the ecosystem's goals of interoperability and sustainability.

By providing a seamless experience for NFT transactions and funding opportunities, we contribute to the growth of the Cardano community and enhance its reputation as a leader in blockchain innovation.

Collaboration with Mehen Stable Coin Developers for Plutus Contract Development

Birble AI is proud to announce a strategic collaboration with the exceptional team behind the development of the Mehen Stable Coin, a notable project from Catalyst Fund 10 within the Cardano ecosystem. Leveraging their expertise and track record in successful Plutus contract development, we're entrusting them with handling the Plutus contract implementation for the Cardano segment of our Multi-chain NFT Marketplace.

Birble Core Team for EVM and RUST Contract Development

In tandem with this collaboration, our dedicated Birble Core Team will oversee the EVM and RUST contract development. Drawing upon our team's proficiency and experience in these domains, we aim to ensure a comprehensive and seamless integration of various blockchain technologies into our innovative marketplace.

This strategic collaboration combines the strengths of both teams, ensuring the highest standards of contract development across multiple chains within our marketplace. Through this partnership, we are committed to delivering a robust, secure, and efficient platform that enhances the Cardano ecosystem and offers unparalleled opportunities for creators and investors.

<https://www.youtube.com/watch?v=NaHMJpOjV-k>Image file

Ethereum TestNet Version / POC (Goerli) https://birblenft.web.app/

Smart Contract: https://goerli.etherscan.io/token/0xa092049f064f392432d5873484048b7ff2b2e599

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

Our proposed solution addresses the challenges faced by the Cardano ecosystem in the NFT space, specifically the lack of a robust and inclusive multi-chain marketplace and launchpad. By providing a platform that supports multiple blockchains, including Cardano, we aim to foster interoperability and enhance the overall NFT experience within the Cardano ecosystem.

The benefits of our solution to the Cardano ecosystem are multifold. Firstly, it will attract and engage a diverse range of artists, creators, investors, and collectors to the Cardano blockchain, expanding its user base and driving adoption. This increased activity will lead to a vibrant NFT marketplace, with a wide variety of NFTs available for trading, investment, and collaboration.

The Multi-chain NFT Marketplace & Launchpad with Staking & Milestone-Based Funding introduces several positive impacts on the broader Cardano community:

  1. Trust and Security: By implementing a milestone-based funding system, the platform enhances trust and security within the community. Investors gain confidence knowing that funds are released based on project progress, mitigating risks associated with scams and fraudulent activities.
  2. Innovation and Development: The Launchpad fosters a supportive environment for innovative projects. It encourages developers and creators to leverage Cardano's capabilities, driving the development of diverse, high-quality projects that contribute to the ecosystem's growth and adoption.
  3. Community Engagement: Through the voting mechanism for fund release tied to milestones, the platform actively involves community members in decision-making processes. This engagement fosters a sense of ownership and responsibility, encouraging active participation and dialogue within the Cardano community.
  4. Economic Growth: Successful projects launched via the platform contribute to the overall economic growth of Cardano. These projects attract users, investors, and developers, elevating the ecosystem's appeal and potential for sustained economic development.
  5. Education and Awareness: The Launchpad serves as an educational tool, demonstrating best practices for project funding and execution within the blockchain space. It raises awareness about transparent funding models and responsible project management, potentially inspiring similar initiatives in the Cardano community.
  6. Platform Improvement: Continuous feedback and engagement from the community drive iterative improvements to the Launchpad itself. This collaborative approach ensures that the platform evolves to better serve the needs of both project creators and investors within the Cardano ecosystem.

In summary, the Multi-chain NFT Marketplace & Launchpad with Staking & Milestone-Based Funding brings about a positive transformation by fostering trust, innovation, community engagement, economic growth, educational opportunities, and ongoing platform enhancements within the Cardano community.

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?

Birble AI has a strong track record of delivering complex projects and demonstrating high levels of trust and accountability. Our existing capabilities and experiences highlight why we are well-suited to deliver this project:

  1. Expert Team: Birble AI comprises a highly skilled and experienced team of software engineers, data scientists, and machine learning experts. Our team members have a proven track record of successfully developing and implementing AI-based solutions across various domains. Their expertise ensures that we have the technical know-how and capabilities to deliver this project effectively.
  2. Extensive Portfolio: Our portfolio includes a diverse range of successful projects, including a DEX on top of the Uniswap protocol, an NFT marketplace, a crowdfunding dApp, music and video streaming services, blockchain games, and AI dApps developed in cooperation with OpenAI. These projects demonstrate our ability to build and deploy complex applications, integrate AI technologies, and deliver solutions that meet the needs of our clients and users. Examples of things we have built: https://www.birble.win/services/
  3. Transparency and Code Availability: Birble AI maintains a transparent approach, making our code available for review on our website. This allows interested parties to examine our work and assess the quality of our codebase. By providing this level of transparency, we aim to build trust and confidence in our abilities as a development team.
  4. Financial Management: Birble AI has established robust financial management processes to ensure the proper handling of funds. We adhere to strict financial controls and follow industry best practices in managing project budgets, tracking expenses, and reporting on financial performance. Our commitment to financial responsibility and accountability is paramount in all our endeavors.
  5. Strong Reputation: Birble AI has built a strong reputation for delivering high-quality projects and maintaining strong relationships with our clients. We have received positive feedback and testimonials from past clients, which attests to our professionalism, reliability, and ability to meet project requirements.

These steps and processes collectively demonstrate our capability to be trusted in managing funds and delivering projects with a high level of trust and accountability. We combine our technical expertise, transparent approach, financial management practices, and positive reputation to ensure that we consistently deliver on our commitments and exceed expectations.

Website: https://www.birble.win

products created: https://www.birble.win/services

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

  1. Platform Development and Smart Contract Integration
  • Cost: 80,000 ADA tokens
  • Description: Develop the core platform architecture, including smart contract integration for milestone tracking and fund release mechanisms. This milestone involves setting up the infrastructure for project submissions, milestone management, and community voting.

>1. Community Outreach and Education

  • Cost: 50,000 ADA tokens
  • Description: Allocate funds for community engagement, education, and outreach efforts. This milestone covers marketing, educational content creation, and events aimed at increasing awareness and participation within the Cardano community.

>1. Initial Project Onboarding and Pilot Launch

  • Cost: 60,000 ADA tokens
  • Description: Onboard and launch the first set of projects onto the platform, facilitating the entire process from milestone planning to community approval and fund release. This milestone includes pilot project management, onboarding support, and initial operational costs.

Total Estimated Budget: 190,000 ADA tokens

These milestones outline critical phases for the Multi-chain NFT Marketplace & Launchpad's setup, community engagement, and initial project rollout, all while remaining within the specified budget constraints. Adjustments and optimizations can be made to ensure efficient resource allocation and successful implementation within the given budget.

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

The Birble AI team consists of the following members, each responsible for specific aspects of the proposal's work:

  1. Oleskii Herasymchyk - Founder
  1. Olena Karpenko - Full Stack Developer
  • Tasked with developing the backend and frontend components of the Birble AI dashboard, ensuring seamless integration and functionality.
  • https://twitter.com/cryptobossAA (Twitter)
  1. Algot Holm - Frontend Developer
  • Specializes in creating intuitive and user-friendly interfaces for the Birble AI dashboard, focusing on the frontend development and user experience.
  • https://t.me/JasonKilo69 (Telegram)
  1. Victor Mykolenko - Solidity Developer
  • Responsible for developing and implementing smart contracts on the Cardano blockchain, ensuring the secure and efficient functioning of the Birble AI ecosystem.
  • https://t.me/JasonKilo1 (Telegram)
  1. Michael Weston - Project Manager & AI Developer
  • Takes on the role of project manager, overseeing the overall project execution and coordinating the team's efforts. Also contributes as an AI developer, working on the implementation and integration of AI algorithms within the Birble AI dashboard.
  • https://t.me/Bitcoinguy420 (Telegram)
  1. Aleksi Stenvall - Fullstack Game Developer
  • Brings expertise in full-stack game development, contributing to the development of gamification elements and interactive features within the Birble AI dashboard.
  • https://twitter.com/aleksi_stenvall (Twitter)
  1. Sammy Boy - AI Developer
  • Focuses on AI development, working on the AI-powered campaign generation algorithms, real-time analytics, and continuous improvement of the AI functionalities within the Birble AI platform.

Each team member plays a crucial role in the development and implementation of the Birble AI project, combining their expertise and skills to deliver a comprehensive and innovative AI-powered marketing solution for the Cardano ecosystem.

Image file

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

  1. Plutus Contract Development (Handled by Mehen Stable Coin Team):
  • Contract Development Fee: 40,000 ADA tokens
  1. EVM and RUST Contract Development (Birble Core Team):
  • Contract Development Fee: 50,000 ADA tokens
  1. Platform Development:
  • Smart Contract Integration: 25,000 ADA tokens
  • User Interface and Experience Enhancement: 15,000 ADA tokens
  1. Community Outreach and Education:
  • Marketing and Awareness: 20,000 ADA tokens
  • Educational Content Creation: 10,000 ADA tokens
  1. Initial Project Onboarding and Pilot Launch:
  • Project Onboarding Support: 20,000 ADA tokens
  • Initial Operational Costs: 10,000 ADA tokens
  1. Contingency and Miscellaneous Expenses:
  • Contingency Budget: 10,000 ADA tokens

Total Revised Estimated Budget: 190,000 ADA tokens

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

  1. Innovation and Infrastructure: The investment in contract development across Plutus, EVM, and RUST languages represents an innovative infrastructure that diversifies and expands the Cardano ecosystem's capabilities. This diverse support structure attracts developers and projects to Cardano, fostering a vibrant ecosystem.
  2. Enhanced Security and Transparency: The development of a multi-chain NFT marketplace with milestone-based funding ensures heightened security and transparency, addressing significant concerns within blockchain projects. It introduces a robust mechanism to prevent scams and promotes accountability, contributing to a more trustworthy ecosystem.
  3. Community Engagement and Education: Allocations for community outreach and educational content enhance awareness and knowledge about blockchain, NFTs, and responsible project funding. This investment fuels community growth, encourages participation, and nurtures a more informed and engaged Cardano community.
  4. Economic Growth and Project Viability: The Launchpad's functionality and strategic milestones enable the successful launch of viable projects, potentially attracting investments and fostering economic growth within the Cardano ecosystem. The platform's support for diverse projects adds value by promoting innovation and sustainability.
  5. Resource Allocation and Efficiency: Despite the budget constraints, the project allocates resources effectively, focusing on critical phases such as contract development, platform enhancement, community involvement, and initial project onboarding. This strategic allocation optimizes the budget to maximize impact within the ecosystem.

In summary, the project's cost represents value for money by laying the groundwork for a robust, secure, and inclusive ecosystem on Cardano. It not only introduces innovative features but also prioritizes community engagement, transparency, and responsible project funding, fostering an environment conducive to sustained growth and success within the Cardano ecosystem.

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