Mediators.ai (previously known as Win-Win) is a decentralized dispute resolution platform and marketplace built on the Cardano blockchain. It allows disputing parties to find a suitable mediator to help resolve their conflict in a timely and cost-effective manner outside the court system. The marketplace enables mediators to focus on the mediation process without having to engage in often questionable business boosting practices. It is developed by Loxe Inc. (<https://loxeinc.com/>).
As the majority of blockchain solutions, to increase confidence on the security of smart contracts, a 3rd party should be actioned to audit and certify these smart contracts to be launched on mainnet once our solution is ready.
This proposal fits the DApps & Integrations challenge since it is an improvement of an existing DApp, already funded by Catalyst. Our project is aligned with the ‘Solutions utilizing the power of smart contracts’ potential direction mentioned in the challenge brief. We are also contributing to the challenge’s key metric ‘Did our efforts result in new, viable applications built on top of Cardano?’. It also fits the budget suggested in the challenge for a team with proven competence and whitepaper (check <https://loxeinc.com/> for more details).
The main risk of this project not being delivered is related to the budget required. We believe it’s very close to the actual cost, based on our latest conversations with 3rd party auditing companies. There is also a risk of delay related to their workload, which could delay this project, although it would still be delivered after the deadline mentioned here.