Please describe your proposed solution.

The benefits of our open-source wallet connector will be given directly to the entire Cardano Ecosystem to make it even more accessible for all dapps to connect with all third-party wallets. This also reduces time to market and expands the user base of all projects.

Please describe how your proposed solution will address the Challenge that you have submitted it in.

Having a standard wallet connector which makes it easy to connect with preexisting wallets in the market will reduce the friction of the Cardano Ecosystem. Therefore, it directly supports dapps and their integration in our ecosystem.

What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?

This project has very low risk. CIP-30 has been implemented several times by many dApps out there. This project is adding a React layer on top of CIP-30 to make it even easier for future dApp teams to implement.

Please provide a detailed plan, including timeline and key milestones for delivering your proposal.

Milestone 1: Implement CIP-30 as a React component

Milestone 2: Internally audit the code and provide example implementations

Milestone 3: Document and open-source the component.

Please provide a detailed budget breakdown.

$250/Hr x 80 hours of work

Please provide details of the people who will work on the project.

Our team information can be found on our website projectnewm.io. The web team led by Trevor Scandelios will lead this particular project.

If you are funded, will you return to Catalyst in a later round for further funding? Please explain why / why not.

Yes - Maintaining the wallet connect will require continued capital and time. It is important that key pieces of infrastructure is up to date and able to connect with all existing and potential future wallets that are found in the Cardano Ecosystem. As additional wallets come online, they will need to be supported by the component.

Please describe what you will measure to track your project's progress, and how will you measure these?

GitHub Commits

Number of Integrated Wallets

Bi-weekly tech updates on twitter spaces.

Weekly progress summary via a twitter thread.

What does success for this project look like?

The successful and easy connection of the main ecosystem wallets to our project's dApp. Other dApp projects utilizing our React dApp connector in their own projects.

Please provide information on whether this proposal is a continuation of a previously funded project in Catalyst or an entirely new one.

This is entirely new.