Please describe your proposed solution.
We intend to create native mobile applications for iOS and Android that would allow traders and creators of Cardano NFTs to interact with our marketplace via mobile.
Increasing Accessibility to Cardano
In our research of the space and conversations with players in competing NFT spaces we have found the usage and presence of mobile technologies is key for growing volumes and transactions on-chain.
While currently our store and other dApps are present as functions with the Eternl wallet we believe the following increases the barrier of entry to the Cardano Ecosystem. NFTs tend to have viral value to them and users hear about NFT Projects, then marketplaces and then wallets which makes the current route a whole tier lower in terms of new-comer access.
We have partnered with Moonpay to allow our store to not only be a hub for trading NFTs but also allow NFT enthusiasts to get access to ADA from within our ecosystem and this combined with native mobile applications would make onboarding to Cardano much easier.
Pushing Cardano to First
The NFT Ecosystem on Cardano has been playing catchup with Solana and Ethereum, this combined with the political and narrative based issues we’ve not seen mass adoption of our chain just yet.
If Cardano was to be the leader of such native mobile apps that not only allow browsing but help trade and create all from your favorite devices, it will help open up a whole different realm of marketing for the chain to bring in individuals curious about the space. Bringing new people to Cardano would be as simple as downloading one application from the native app store.
Growing the ecosystem
JPG Store has been a proponent of open sourcing its code for the growth of the space. Similar to our Smart contract we aim to open source the method and code we use to create deeplinked applications.
Please describe how your proposed solution will address the Challenge that you have submitted it in.
Our core product would be a first of its kind application across blockchains and open the gates for mass adoption from enthusiasts and curious people alike. Furthermore open sourcing the code would allow the hundreds of creators on Cardano access to a codebase that helps them bring their versions of products for their specific niches to not only expand the usage of the chain but increase adoption across a wide range of utilities.
What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
The biggest challenge for delivering this project is the creation of a standard in communication with the major wallets on Cardano to enable such integrations across the board for all wallets that currently exist and the ones that will enter the space going forward.
Ensuring that the infrastructure laid down is robust enough to not only solve our requirements but also be able to serve the community at large once it is open source.