What is your capability to deliver your project with high levels of trust and accountability?
Who are we
The VAULT3 team features on-chain confidentiality experts with a strong background in full-stack web development and data science. We also count on the support of LaPetiteADA, a well-known SPO and Cardano influencer, advising us on marketing, community management, and use cases for content creators.
What we have built in the past
We are seasoned web developers with more than 10 years of joined experience. We have in our web3 portfolio a confidential NFT launchpad called Geniish on the Oasis Network, which was built in less than 6 months. During, the development of Geniish, we also won second place in a 5-day hackathon with a confidential web3 chat called Momentum which uses Oasis' Sapphire ParaTime.
Cardano SPOs and builders
Furthermore, Vito Melchionna and Carolina Isler (LaPetiteADA) are the SPOs of GranADA Pool, and they are also active members of the Climate Neutral Cardano Alliance. In collaboration with the Tetikasa Ala NGO, this alliance of SPOs created the CNC Ala. Which is a permaculture project in Madagascar planting 100k trees to offset Cardano's CO2 emissions, while improving the food security of local communities. This project was funded with donations (25% of each SPO's rewards) via the world's first impact staking ISPO in collaboration with NEWM, Yummi Universe, Cardano Proxies, Earth Natives, Mada's Lemurs, and DripDropz.
Steps and processes
We will implement the SCRUM framework for the agile development of the product. By defining 3-week sprints with set goals, features, and working time, we can easily keep track of the progress and fund distribution to successfully deliver VAULT3 within the expected period. We aim to sync our project management process with Catalyst's committee to provide full transparency on the development and to keep track of the invested funds.
What are the main goals for the project and how will you validate if your approach is feasible?
VAULT3 brings an innovative solution that not only enhances the capabilities of Cardano's native assets and wallets to unlock new use cases in the space for CNFT and RealFi projects, but it will also create a new way how enterprises and content creators (artists, influencers, etc.) interact with their customers and communities.
By introducing dynamic access policies to share confidential data with large groups of users. Our goal is to create a tool for mass adoption by providing a web2 user experience that's powered by
web3 technology.
The impact of our solution on the Cardano ecosystem brings several benefits:
-
Increase adoption: VAULT3 aims to drive increased adoption of Cardano's native assets and wallets by providing a user-friendly and seamless experience for data sharing. With dynamic access policies and secure file sharing, we attract individuals, content creators, and enterprises to join the Cardano ecosystem, contributing to its growth and expansion.
-
Community Engagement: VAULT3 revolutionizes the way content creators and organizations engage with their communities. Through our platform, they can share exclusive content, pre-releases, personal notes, and unedited material, fostering a closer and more personal bond with their audience. This enhanced community engagement leads to increased loyalty, higher levels of interaction, and ultimately, a thriving and active Cardano community.
-
Bring RealFi utility: VAULT3 revolutionizes the concept of RealFi utility within the Cardano ecosystem, offering seamless integration of utility for token holders, particularly in the realm of NFTs. We recognize that NFTs hold immense potential beyond their traditional use as digital collectibles. With VAULT3, NFTs become more than just unique assets; they become keys to exclusive data and experiences.
VAULT3 serves a large market of +9000 existing CNFT projects. Additionally, successful Cardano influencers and protocols can leverage our solution to provide more value to their communities.
As NFTs transition to RealFi utility, the project holds significant promise. More content creators and organizations are realizing the importance of offering real-life value and personalized experiences to their token holders, which will drive the adoption of VAULT3. With this growing recognition and the platform's unique features, the project is expected to experience substantial growth and success.
Please provide a detailed breakdown of your project’s milestones and each of the main tasks or activities to reach the milestone plus the expected timeline for the delivery.
Milestone 0: Project kickstart [completed]
- Market research on Cardano ecosystem and web3 (potential partners and competitors).
- Define target audience, vision, and mission, value proposition.
- Define business cases and solution architecture.
- Define go-to-market strategy
- Branding, social media accounts, and coming soon landing.
-
White Paper V1.
- Project implementation timeline, key milestones, and budget.
- Submit Catalyst proposal for Fund 10.
>Timeline: 3 weeks
>Acceptance Criteria: Complete project planning, scope, timeline, and budget. Clear Refined value proposition and project goals, team responsibilities. VAULT3 closes a successful pre-seed funding round with Catalyst Fund 10.
>Budget: ₳53’600 / €8’100 (around 160 hours of work)
Milestone 1: Proof of concept
- Create use cases and mockups for the MVP.
- Choose and document technical architecture.
- Implement a proof of concept.
- Establish key partnerships (influencers, dapps, NFT projects, ecosystem wallets).
- Define marketing strategy for first campaigns.
>Timeline: 1 month
>Acceptance Criteria: Clear understanding of how the platform works, confirm market fit and user base. Functional proof of concept.
>Budget: ₳101’200 / €15’200 (around 280 hours of work)
Milestone 1.1: Development started
- Project Infrastructure
- Codebase setup
- CI/CD
- Automatic testing
- Database
- Account creation, login, and management
>Timeline: 1 month
>Acceptance Criteria: Infrastructure setup and available on a private GitHub repo. Account creation, login, and management implemented.
>Budget: ₳142’300 / €21’400 (around 290 hours of work)
Milestone 1.2: Spaces
>Timeline: 1 month
>Acceptance Criteria: Spaces can be created, viewed, modified, and deleted.
>Budget: ₳130’600 / €19’600 (around 260 hours of work)
Milestone 1.3: Files
- Files implementation
- Files are stored encrypted on IPFS
>Timeline: 1 month
>Acceptance Criteria: Files can be created, viewed, modified, and deleted. Files are linked to Spaces. Files are stored encrypted on IPFS.
>Budget: ₳130’600 / €19’600 (around 260 hours of work)
Milestone 1.4: Access policies
- Access policies framework implementation
- Implement access policies for
- Native token owner
- Wallet whitelist
- Bug fixing and starting beta testing with selected creators.
>Timeline: 1 month
>Acceptance Criteria: Access policies can be created, viewed, modified, and deleted. Access policies are linked to Spaces. The native token owner policy checks if a wallet owns a specific token and only then allows access. The wallet whitelist policy checks if the wallet is on a whitelist. Access to spaces can be given via URL where the visitor first has to prove one of the linked access policies. Beta testing started with selected creators.
>Budget: ₳144’500 / €21’700 (around 280 hours of work)
Milestone 2: MVP community
- Pay-as-you-go implementation. Creators are charged monthly on the amount of storage and bandwidth used.
- First marketing campaigns for Cardano community (brand awareness and community growth).
- Public stable release of the product.
>Timeline: 1 month
>Acceptance Criteria: Pay-as-you-go business model implemented. Deployment of a stable version of the product. Functional stake pool with ISPO (defined distribution strategy). Launch first marketing campaigns on Twitter for brand awareness and ISPO announcement.
>Budget: ₳173’800 / €26’100 (around 360 hours of work)
Please describe the deliverables, outputs and intended outcomes of each milestone.
Milestone 0:
- Landing page (link vault3.io).
-
White paper V1.
- Catalyst proposal for Fund 10.
- Project implementation timeline, key milestones, and budget.
Milestone 1:
- Documentation: Use cases, and technical architecture.
- Key partnerships (market fit).
- Deployed working proof of concept on vault3.io
- Upload files that are stored encrypted on IPFS.
- Share files with specific wallets via URL.
- Only wallets specified have access to the content.
- Accessible via Cardano mainnet.
Milestone 1.1:
- Project Infrastructure setup on a private GitHub repository.
- Private preview build for Catalyst committee.
- Preview build contains account features.
Milestone 1.2:
- Private preview build for Catalyst committee
- Preview build contains VAULT3 spaces features.
Milestone 1.3:
- Private preview build for Catalyst committee
- Preview build contains CRUD operations for files in VAULT3 spaces.
Milestone 1.4:
- Private preview build for Catalyst committee
- Preview build contains access policies implementation.
- Beta testing begins with a preview build for selected content creators.
Milestone 2:
- Deployed a stable version of MVP for communities.
- Pay-as-you-go business model implemented in release build.
As mentioned, we will implement SCRUM as a framework for our project management. Moreover, we will use Jira for our SCRUM boards, and we will share access with the Catalyst committee for transparency purposes. Our development sprints will be synced with the proposed milestones to optimize process measurements. The Catalyst committee will always have access to our latest stable builds and staging environments.
