Our budget includes: hiring and compensating programmers for Glow, UX development, cybersecurity consulting, and other R&D and miscellaneous expenses to cover anything unexpected. Completing stage one of this project is beyond the scope of this challenge's funds and likely requires outside investment. We are asking Catalyst for the amount we think is appropriate to get us to a minimum viable product and is relative to the total impact, number of proposers, and amount of available funds.

This budget of $35,000 will be used to fund Glow development and support the front and backend of Portal. More specifically it will cover: integration into blockchain through Portal (Glow), functional app structure and design (flutter), and contracting Pay Stars to ensure end-to-end system integrity. These funds can accomplish a proof of concept and a minimum viable product to be able to present to the first round of investors and would be a great help in accelerating and increasing the value proposition of our business. We will spend the fund as stringent as we can on the most significant early challenges to maximize the impact of Catalyst on our project.

<u>Roadmap</u>

Three months: Core app structure built talking to a tag prototype. Application demo and proof of concept video done. Documentation (req. docs, business concept, pro-forma) all done.

Six months: Working authentication process and native touch application of blockchain (communication to NFQ tag) running on a functional app interface. Polish the app to go from functional to marketable. Hire UX designer for both website and App.

Twelve months: Our dApp backend complete and functionality (marketplaces, P2P trading, smart contracts, and payment) is nearly (if not) completed. At this time, our product (tag and dApp) is applied into more brands, markets, and applications. Polished app published to iOS and Android app stores and ready to take to market. Integration into Plutus dApp store started. Refine the product to become a new standard of B2C use cases. Stage 2/3 of our project started.

<u>Resources</u>

Near Field Query tap authentication

<https://cardano.ideascale.com/a/dtd/Near-Field-Query-tap-authentication/384588-48088>

Portal: NFQ's digital asset management

<https://cardano.ideascale.com/a/dtd/Portal-NFQ-s-digital-asset-mgmt/384580-48088>

NFT DAO :

<https://builtoncardano.com/nft-dao>

UW Center for Blockchain and Digital Innovation : <http://www.uwyo.edu/acct-fin/cbdi/>

BXCR : <https://cardano.ideascale.com/a/dtd/NFT-DAO-Boxcar-framework/382053-48088>

CTO Github :

<https://github.com/rkinb>

MuKn/Glow :

<https://mukn.io>

Pay Stars :

<https://www.linkedin.com/in/andrew-thornhill-194817/>

Thank you to the CAs and voters who review this proposal and we hope you gain the excitement about NFQ that we have. :)