Grant Proposal: Artcoin

Grant ID: 8685jcdk5

Summary:

We are COR Community - the Association of Creative Companies of Moldova. Our mission is to offer support to individuals and companies connected to the Creative Industry (creators, artists, designers, freelancers, content makers, IT companies, etc.). Our project is supported by USAID Moldova, Embassy of Sweden, Embassy of Great Britain and Ministry of Education, Culture and Research of Moldova.
We have 3000+ companies and 20k+ individuals in our community (Moldova’s Creative Industry), that perform monthly up to 1k transactions through our Organization of the total approximate amount of $100k.
We have our own Hub with almost 5000 m2 of space for coworking, events, studios, classrooms, etc. Both these assets (spaces & human capital) often remain idle or are used well below capacity due to inadequate visibility and coordination.
Countless organizations across industries possess valuable assets - from equipment and facilities to human capital and intellectual property - that are not being effectively utilized to their full potential. This lack of utilization not only hinders efficiency but also stifles growth and innovation.
We are launching a marketplace of underutilized assets. Underutilized assets refer to resources or possessions that are not fully utilized or maximized to their full potential.
Examples of underutilized assets:
Spaces (i.e. hotels, event rooms, cinemas/theaters, fitness/spa/gyms etc.) can list their underutilized spaces for short-term rentals. COR community has its own Hub with almost 5000 m2 of space for coworking, events, studios, classrooms, etc. Currently, these assets are not used at their full capacity
Services (i.e. IT, design, marketing, content creation and management, etc.). Our creative community includes a lot of specialists from different industries (creators, marketers, IT specialists, etc.) and these resources are not used at their full capacity
Products (i.e. books, tickets to events, food from supermarkets that is approaching their expiration dates, illiquid stocks from clothing, sports, toys and other stores)
The examples are infinite. Every industry has underutilized assets.
Now imagine that there is a marketplace where individuals and entities can list their underutilized assets and enter into possession of others. All we need for that is an exchange currency and a technology that will allow that.
Welcome to ArtCoin - a decentralized p2p marketplace of the underutilized assets and a sharing economy tool.
What is ArtCoin:
a currency, that serves as an exchange coin for the underutilized assets.
a technology that allows individuals and entities to exchange their underutilized assets.
a marketplace displaying underutilized assets (the services and goods) that can be exchanged through ArtCoin.

Useful links:
Demo version of ArtCoin technology:
https://artcoin.media/
Tutorial on how to use ArtCoin Currency and Technology:

About COR community & organization

Pitch deck:
https://www.canva.com/design/DAFRRd71wJA/E13oraVPYTgzRDtr1ytfMQ/view?utm_content=DAFRRd71wJA&utm_campaign=designshare&utm_medium=link&utm_source=publishsharelink
Pitch deck (video):

Milestones & Budgets & Team description:

ToR (ArtCoin technology):

Software Architecture:

User Stories:

Business Plan:

Tokenomics:

Social Networks:
ArtCor Facebook

ArtCor Instagram
https://www.instagram.com/artcor_center/
MediaCor Facebook

MediaCor Instagram
https://www.instagram.com/mediacor_hub/
ArtCoin Facebook

ArtCoin Instagram
https://www.instagram.com/artcoin_marketplace/
ArtCoin LinkedIn
https://www.linkedin.com/company/artcoin-marketplace/?viewAsMember=true
ArtCoin Telegram

GitHub repositories:

Smart-Contracts:

I have read and agree to the privacy policy:
true

Describe what your project does or is aiming to do in 50 characters or less:
Artcoin is a marketplace of underutilized assets created for people and businesses to maximize the usage of their resources

If available, please enter a link to your project below:
https://artcoin.media

How far along are you?:
MVP. ArtCoin currency and ArtCoin technology were launched on Casper Networks. We are in process of adoption of ArtCoin by our community, in the middle of onboarding of our community (wallets’ creation, users’ training of how to use the technology and exchange assets through ArtCoin). Additionally, we are raising funds for development of underutilized assets marketplace.

Why did you pick this idea to work on? Do you have domain expertise in this area? How do you know people need what you’re making?:
We have 3000+ companies and 20k+ individuals in our community (Moldova’s Creative Industry), that perform monthly up to 1k transactions through our Organization of the total approximate amount of $100k. Our project is supported by USAID Moldova, Embassy of Sweden, Embassy of Great Britain and Ministry of Education, Culture and Research of Moldova.
We have good scaling opportunities (connections) in countries where global COR organization functions (Estonia/Latvia/Letonia, Romania, UK, Ukraine, Czech Republic, Azerbaijan, Croatia, Georgia, Poland, Serbia, Monte Negro, etc.). Basically, after the successful implementation of the project in the first pilot country (Moldova) we are officially supported by our Partners (USAID Moldova, Embassy of Sweden, Embassy of Great Britain, etc.) to implement the project in the countries mentioned above.

What’s new about what you’re making? What substitutes do people resort to because it doesn’t exist yet (or they don’t know about it)?:
The ArtCoin contributes to the improvement of the local community and society in general based on the following criteria:

  • Accessibility: The ArtCoin enhances accessibility by providing a platform that connects asset owners with potential users or buyers. It can make underutilized assets more visible and accessible to a wider audience, enabling individuals or businesses to find and utilize resources that were previously unavailable or difficult to access. This increased accessibility can lead to more efficient resource utilization, cost savings, and opportunities for innovation and growth within the community.
  • Inclusivity: The ArtCoin promotes inclusivity and diversity within the community by providing equal opportunities and benefits to all members, regardless of their background. It creates a level playing field where individuals or businesses can participate and benefit from the utilization of underutilized assets, irrespective of their size, location, or traditional market presence. This inclusivity can foster economic development, encourage entrepreneurship, and empower marginalized groups within the community.
  • Empowerment: The ArtCoin empowers the community or specific groups within the community by enabling them to improve their quality of life or achieve their goals in a significant way. For example, individuals with underutilized skills or knowledge can offer their services through the marketplace, generating additional income and expanding their professional opportunities. Local businesses can leverage the marketplace to access resources they may not have been able to afford or access otherwise, thus strengthening their competitiveness and growth potential. This empowerment can lead to economic empowerment, skill development, and overall community resilience.
    By improving accessibility, promoting inclusivity, and empowering individuals and businesses, the ArtCoin contributes to the betterment of the local community and society as a whole. It can
    foster economic growth, encourage collaboration and innovation, and create a more sustainable and efficient use of resources.

What’s your vision for how your project will impact The Graph and/or web3?:
We want to move our Creative Community (20k individuals and 3k+ companies) all across the world to web3, by leveraging existent underutilized assets inside our community through ArtCoin technology and currency and are looking to partner with a powerful network, capable of accepting millions of users, a network with good documentation, fast speed low-cost transaction and highest level of security.

How will you measure success?:
25k users, 1k transactions, with total volume over $100k monthly

What milestones will you achieve in the coming weeks/months, with or without the grant?:
50k grants:

Milestone 1 - Software Technical Task Documentation development
Product Scope and Description
Product Architecture and Core Components
Elaboration of estimates, team, tasks (agile), etc.
Concept design, wireframes, UIX/UI, main components, etc.

Milestone 2 - ArtCoin Smart Contract (FT minter) and wallet authorization system
ArtCoin token smart contract
Fungible token initial amount generation
Test transfers of ArtCoin tokens between wallets
User registration/authorization with web3 wallet
ArtCoin token balance display functionality
User Management module development (account/profile)

Milestone 3 - ArtCoin Marketplace Development
Description: The Marketplace od underutilized assets will allow users to upload services/goods in respective categories, to add details (params, description, titles, price, etc.) on one hand. On the other hand it will allow users to purchase goods/service through ArtCoin and enter into possession of underutilized assets.
Categories, Params, Filters, Search, etc.
Service/good one page
Upload service/good functionality
Dashboard to track goods/services/payments/etc.

Milestone 4 - Full dApp launch / mainnet version
All components manual tests
Predeployment (beta)
Beta testing (real users)
Bug fixing, golden master version (pre-release)
Golden master real-users testing
Final version launch

Milestone 5 - First 5k users adoption
Onboarding (wallets creation, KYC, profile, etc.)
User Training: help users understand how the system works, how to navigate it, and how to get the most out of its features.

Funds Usage:
Position: CTO, Manhours: 122, Price per H: 50, Total(): 6100 Position: Blockchain Developers, Manhours: 360, Price per H: 60, Total(): 21600
Position: Backend Developer, Manhours: 198, Price per H: 50, Total(): 9900 Position: Frontent/Multistack Developer, Manhours: 124, Price per H: 40, Total(): 4960
Position: Testers, Manhours: 198, Price per H: 25, Total(): 4950 Position: UIX/UI designer, Manhours: 83, Price per H: 30, Total(): 2490
Total($): 50000
Duration: 3 months

Please select who you think will benefit from your project?:
Other

How much funding are you looking for? (USD):
20000

Provide a breakdown of your requested funding:
We raised 30k grant from Casper Networks & 30k grant from USAID

Have you applied for (or already received) funding from somewhere else?:
Yes

If yes, please describe where you’ve received funding from and how much you have, or will, receive:
We raised 30k grant from Casper Networks & 30k grant from USAID

Can you share any information about current/past web3 experience?:
Near blockchain:

Polygon:

https://polygonscan.com/address/0xd3d65b24f2813ec152e4faa3dc714fc53ea5a47a

Casper Network:

Solana:

A shortlist of our team members’ GitHub accounts:

Why are you interested in contributing to The Graph and/or web3?:
We want to move our Creative Community (20k individuals and 3k+ companies) all across the world to web3, by leveraging existent underutilized assets inside our community through ArtCoin technology and currency and are looking to partner with a powerful network, capable of accepting millions of users, a network with good documentation, fast speed low-cost transaction and highest level of security.

Are you applying as a team or individual?:
Team

What type of grant are you pursuing?:
Project (one-off)

Please select the category your project best fits into:
Other




Primary Community Poll

Do you fundamentally support this grant application, knowing that the final scope and grant amount may differ from the requested proposal?
  • Yes
  • No

0 voters




Grant Committee Vote

Do you recommend this grant to the DAO?
  • Yes
  • No

0 voters

Thank you for submitting your proposal. After review of the content, this appears to be a protocol grant application, which is based on your own token and is therefore not within the scope of community grants that the Graph AdvocatesDAO oversees. Likewise, the funding requirement for this grant is determined to be in excess of $20,000 USD.

Similarly, what has been submitted is more the creation of a new protocol that will have absolutely nothing to do with The Graph in terms of community development.

You can submit your proposal directly to the Graph Foundation following this link: The Graph: Grants Application. Good luck!