Please describe your proposed solution.

Neuralprint is a novel brainwave-based authentication technology (patent-pending) that utilizes EEG and AI to identify brain states. The present proposal meets Catalyst Solution category guidelines, <u>as a prototype-MVP is </u><u>already public</u><u> on Cardano blockchain (thanks to an inaugural successful and closed-out F8 project)</u>, which is using psychometrics to mint NFTs on Cardano.

<u>The present proposal aims to take our prototype and turn it into an MVP product led by research that results in a brain-inspired blockchain architecture.</u> A custom architecture design will be developed for how brain functions can be represented in blockchain, utilizing Cardano's chain as the go-to. The proposed architecture will first be developed on Cardano and stands to be groundbreaking and unique in its approach toward the inevitable fusion of brain and blockchain. <u>Neuralprint is a broader project, and this proposal specifically is for the necessary development at this stage of crypto/tokenomic architecture for fusing the complexity of the brain and biometrics with web3 tokenomics.</u>

This proposals comes on the heels of three previous successful and closed-out Catalyst proposals (1 in F7, 2 in F8), all executed by the proposer. The present proposal builds upon previous work.

Proposer Achievements to-date:

• Neuralprint MVP created (F8)
• Neuralprint Patent-pending Status
• Pathform biometrics for consciousness development MVP (F7)
• Pathform enhanced with Neuralprint MVP (F8)
• DAOJob/Gov3: Cardano governance dashboard (F7 & F8)

See Successful and closed-out Neuralprint F8 MVP project for more background information about the present proposal, here.

The present proposal will work towards an MVP by developing on Cardano testnet and producing a whitepaper that provides sufficient information to develop the tokenomic architecture on Cardano blockchain, for use by Neuralprint and related biometric & psychometric tools.

---

About Neuralprint (background information about the broader technology provided here for reader convenience):

Neuralprint

Next Generation Biometric Identity, Authentication, Permissioning, And Security

&lt;&lt; Neuralprint technology is Patent-pending >>

Company Purpose:

• To Revolutionize Identity, Authentication And Security Using State Of Mind Technology (Static vs. Dynamic).
• Bringing The Mind To The Forefront Of Engaging With Technology.

The Problem:

Security Solutions Today Are Expensive, Clunky, Hard To Implement, And Aren’t As Secure As Advertised. They Also Suffer From A Lack Of Nuance.

The Solution:

Neuralprint’s System Is Unique, Fast, Easily Measurable, Inexpensive, And Easy To Install

Why Now?

Existing Systems Aren’t As Secure As Advertised. Ours Is. Static Today; Dynamic Learning System Tomorrow That Enables Greater Functionality.

Market Size:

The Global Cyber Security Market (TAM) Is $249 Billion.

By 2027, 50% of large enterprise CISOs will adopt human-centric security design practices. Cybersecurity threats are changing.

Product:

Neuralprint Is A Brain Wave Reader System. Slim form-factor EEG interface + Cloud Data. (Patent-pending)

Team:

• Dr. Gabriel Axel Montes: CEO, Founder. SingularityNET. Neuroscientist, Consciousness expert. Ethical AI. History of successful Cardano Catalyst engagement (proposals/projects)
• David Harding: Advisor. CTO, SVP Engineering, Renown Security, Identity, Cloud Expert. Private Equity.
• Dan Mapes, PhD: Advisor. Co-designer of the Spatial Wb IEEE Protocol. President, VERSES.ai & The Spatial Web Foundation.
• Edward Brennan: founding CFo & Advisor. Venture Capitalist, Board Member, Advisor to Several StartX & Y-Combinator Companies.

<u>Risk mitigation</u>:

• Risk (1): Immediate hiring need. Our team is actively searching for a machine learning now. Due to global demand for AI talent and in order to attract suitable talent in a timely manner, we are offering (in the budget) an above-average salary. This will also help to increase the chances of keeping a strong engineer beyond the scope of this proposal.

• Risk (2): Challenges in appropriate marketing reach.

• We have budgeted for a social media in this proposal in order to begin building toward this goal from the beginning.

• The proposer is a veteran member of and leader in the SingularityNET ecosystem, which has multiple projects with existing and expanding user bases that could be marketed to and leveraged.

• Risk (3): EEG brainwave biometric development, like much of any hardware development, can take time, typically more than software development. To mitigate, the proposed project is focusing primarily and largely on already available (collected) datasets, which removes the logistics barrier associated with recruiting participants, etc.

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

This is a cutting-edge, first of its kind, project – and it is being developed for Cardano.

The proposed project brings a novel technology to Cardano, making Cardano a first-mover chain in the space. This proposal poises Cardano to be used in a key technology in the world. It also builds on and adds functionality to existing products (successful, closed-out proposals from F7, F8).

This proposal thereby fulfills criteria of Cardano usefulness, including the following metrics:

• Increasing the number products available for the community to use that help to enrich the ecosystem with new use cases.
• Increase the number of integrations that bring existing solutions together for a more seamless and connected experience between different products.
• Increased quality of existing products & integrations through improvements and new functionality.

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?

This project comes on the heels of 4 previous Catalyst proposals that have all be successfully completed and closed-out. This offers a measure of predictability for proposer trust and accountability in delivering on this proposal.

The project is based on neuroscience and blockchain, two of the proposer's areas of expertise. Feasibility is based on the technical achievability of creating a design architecture based on these areas. The main objectives are to be a first mover in the space to solve future blockchain issues that are foreseen.

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

Overview of problem and potential

Overview of brain functions relevant to web3

Output: Progress report and technical outline

Acceptance criteria: Output describes the progress and technical achievements/learnings developed.

(Due to the research nature of the project, it is a challenge to predict the precise advancements that will be made with each milestone, which is why we defer to a standard progress report and technical outline format, which is sufficiently flexible to accommodate a range of advancements.)

>Initial coarse-grained design

Feedback from tokenomics expertise in immediate professional network

Output: Progress report and technical outline

Acceptance criteria: Output describes the progress and technical achievements/learnings developed.

>Second-stage design: From high-level toward details

Output: Progress report and technical outline

Acceptance criteria: Output describes the progress and technical achievements/learnings developed.

>Tokenomics design commenced

Output: Progress report and technical outline

Acceptance criteria: Output describes the progress and technical achievements/learnings developed.

>Tokenomics design continued

Cardano testnet development commenced

Further feedback from tokenomics experts in network

Output: Progress report and technical outline

Acceptance criteria: Output describes the progress and technical achievements/learnings developed.

>Whitepaper

Cardano testnet development completed

Output: Whitepaper with technical outline

Acceptance criteria: Output describes the progress and technical achievements/learnings developed.

The whitepaper will generate sufficient information to offer a blueprint for deploying the tokenomic architecture on Cardano, for use by Neuralprint and related biometrics tools.

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

Dr. Gabriel Axel Montes, Ph.D.

[LinkedIn]

Neuroscientist, SingularityNET (Cardano partner) pedigree; founding extended team, Head of People, Music Co-Director and guitarist for in-house touring band with humanoid robot vocalist.

Formerly, VERSES Director of Communications and researcher, building the Spatial Web (realistic metaverse).

Will serve as the project creator, leader, and director, and delegating tasks for execution. Gabriel has a team of contractors who have track record of delivering on past Catalyst proposals, including and not limited to neuroscience engineers, tokenomics experts, blockchain developers, and project management.

Advisors:

• David Harding: Advisor. CTO, SVP Engineering, Renown Security, Identity, Cloud Expert. Private Equity.
• Dan Mapes, PhD: Advisor. Co-designer of the Spatial Wb IEEE Protocol. President, VERSES.ai & The Spatial Web Foundation.
• Edward Brennan: founding CFo & Advisor. Venture Capitalist, Board Member, Advisor to Several StartX & Y-Combinator Companies.

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

Neuroscience R&D: $43,800 ($7,300 x 6 months)

Project Management: $30,000 ($5,000 x 6 months)

Tokenomics design: $22,200 ($3,700 x 6 months)

Social media: $7,800 ($1,300 x 6 months)

Smart contract design & coding: $10,200 ($1,700 x 6 months)

Total: $114,000

An exchange rate of $0.38/ADA (reflecting the rate at the time of this writing) was used for budget calculation.

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

All costs will be commensurate to majority of wages and capital required to execute. Due to the high value-add scientific and engineering work required of the proposal, costs are above average in order to rapidly secure the human resource talent and equipment needed to conduct the work.

All previous work on this project has been centered in Western countries, now with Western (US)-based patent work, and thus costs account for Western wages and inflation.