{"signature": "0x72f059a087b953a46f1510f3253555d03c51abe0a66363059abbc8504a49ec827877b6591917b900825b9a18041711e27e7f8eae72acdcce5d1d3bb65813ec961c", "application": {"round": "0x6142eedc06d80f3b362ce43b4ac52fad679dc850", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "PtNDR7Oy99eIDxveeFr17U/2BcsI3ipUSftN1sWTi3+6wvcIdAFx0RyEKun5UPZt", "encryptedSymmetricKey": "a22cd8fac5d49ef80a2efc1c954ef0e634f5ec47fdec1c86aee2ef917c17125cd0ee5bea45999112b7540152f91144070809bd6c44e6f2f604f349a982e15deeaced0e236582a8ac2608facb64d393dc78b3ca055c58d1f3149af52cd5ef3a9746b07a2a4929f393eef9a638df0ee65af8ce244351eb20413b9c2369d224ba5a0000000000000020f45a8f15fb5b7f5d0659153ab5c15841b6c3336deb69a0cba5cc26ede134b2452bc023bf6a3e3e3e30cd4e2113f0eab7"}}, {"type": "paragraph", "answer": "A robust protocol designed in Arbitrum to enable fund managers to take investment coin swap using Uniswap without compromising the ownership of the investors coins . The fund's security is guaranteed through a smart contract, granting exclusive authority to the fund manager for optimizing yield through strategic token swaps. The system shall support multitenancy for fund managers. Refer BitFiSolutions.com", "hidden": false, "question": "Application detail", "questionId": 1}, {"type": "number", "answer": "50000", "hidden": true, "question": "Amount requested (in $)", "questionId": 2}, {"type": "dropdown", "answer": "ARB", "hidden": true, "question": "Payout token", "questionId": 3}, {"type": "short-answer", "answer": "Total fund request : 50K;  Phase 1  Development of protocol and UI : 10% Marketing : 25%  Phase 2: Development of multitenant protocol and UI : 8% Marketing : 25%   General : Audit : 10% Infra and Operations : 12% Reserves: 10%", "hidden": true, "question": "How do you account for this fund request?", "questionId": 4}, {"type": "paragraph", "answer": "18% (9000 USD) of the fund shall goes to developers as salary who contribute for the development of smart contract and user UI and Fund manager UI. \n\n50% (25000) shall go to marketing. We plan to engage using twitter and discord. We shall work with youtubers and Bloggers to market our protocol. We shall also plan to have a governance coin which can be airdropped. The Gov coin shall give opportunity to test out the protocol before investing further. We shall also leverage Arbitrum and Uniswap to market for this protocol. \n\n10% (5000 USD) will be spend on smart contract audit. One of the salient feature of the protocol is safety of the invested coins that stays in the contract unless withdrawn by the user. Audit will bring the confidence to the end user. \n\nAnother 12% (6000 USD) will be used for the next 6 months in running the operations of the protocol. \n\n10% (5000) will be reserved as contingency. \n", "hidden": false, "question": "How will you use these funds? Please make a detailed plan for expenditures.", "questionId": 5}, {"type": "dropdown", "answer": "Uniswap on Arbitrum Ecosystem tools or products", "hidden": false, "question": "Which RFP is this project covering? ", "questionId": 6}, {"type": "short-answer", "answer": "The project establishes an ecosystem within Arbitrum, allowing fund managers to actively engage and showcase results and in return get portfolio management fees from the investors. The protocol is transparent and secure, ensuring that the invested coin remains within the smart contract, providing a secure investment opportunity for crypto investors. The protocol shall use Uniswap smart contracts enabling the fund manager to take swap calls.", "hidden": false, "question": "How do you think this project fits in with Uniswap?", "questionId": 7}, {"type": "paragraph", "answer": "This serves as our investment protocol. In the present phase, our focus lies in interfacing with Uniswap swap contracts, thereby empowering fund managers to execute swap calls. Looking ahead, our plan involves interfacing with diverse investment protocols within Uniswap, thereby expanding the array of instruments available to fund managers effectively bringing transaction volume.", "hidden": false, "question": "What benefits will this project bring to Uniswap in the Arbitrum ecosystem?", "questionId": 8}, {"type": "short-answer", "answer": "Not yet. Part of the funding from this grant will be used for audit. ", "hidden": true, "question": "Has this project undergone a security audit? If not, are you planning to undergo it?", "questionId": 9}, {"type": "short-answer", "answer": "YES", "hidden": false, "question": "Is this project open-source? (If yes, share the repository link).", "questionId": 10}, {"type": "paragraph", "answer": "Solidity for smartcontract, slither for audit tool, angular for UI, MySQL as Database. Aws for UI hosting and micro services, GitLab - Source safe", "hidden": true, "question": "What is the workflow chosen for this project? (You can mention development practices, tools, programming languages, etc.)", "questionId": 11}, {"type": "short-answer", "answer": "app.bitfisolutions.com", "hidden": true, "question": "Does this project have a demo? If yes, share a public link.", "questionId": 12}, {"type": "short-answer", "answer": "Individual crypto investor who could not actively track and manage crypto can use this protocol to get it managed effectively.", "hidden": true, "question": "What is the target audience for this project? (Mention if there is a market launch plan).", "questionId": 13}, {"type": "paragraph", "answer": "The team consisting of 1 marketing engineer, 1 UI developer, 1 smart contract developer and 1 tester would constitute development team. \n\nThe team will be lead by Ravindran https://www.linkedin.com/in/ravindran-parthasarathi-15a8b53/ \n", "hidden": false, "question": "Who are the members of the team?", "questionId": 14}, {"type": "paragraph", "answer": "The team has been delivering many crypto projects including transaction analytics for most profitable wallet, fractional real estate in blockchain, and various Defi projects.  The Leader has managed P&L for MNCs.", "hidden": true, "question": "Describe team members' experience and current roles for this project.", "questionId": 15}, {"type": "paragraph", "answer": "M1 \u2013 Single fund manager operational site ready for production (includes User website, fund manager website, smart contracts, interface with Oracle, interface with uniswaps). This phase also involves marketing & Go live. \nExp Date : 3 months \n\nM2 \u2013 Multi fund manager operational site ready for production , marketing & Go live  \nExp Date : 2 (more) months\n", "hidden": false, "question": "What are the Project Milestones? (Be very specific and write a roadmap highlighting critical deliverables of the project; mention how you will ensure to supervise and track them).", "questionId": 16}, {"type": "paragraph", "answer": "The prototype has been built already.( bitfisolutions.com and app.bitfisolutions.com). Fine tuning would be required in the contract side and making it operational live with security audits.  \n\nThe key focus would be on the marketing. We plan to engage users using twitter and discord. We shall work with youtubers and Bloggers to market our protocol. We shall also plan to have a governance coin which can be airdropped. The Gov coin shall give opportunity to test out the protocol before investing further. We shall also leverage Arbitrum and Uniswap to market for this protocol.\n", "hidden": false, "question": "How do you plan to reach these milestones? (Explain the project feasibility).", "questionId": 17}, {"type": "multiple-choice", "answer": "No", "hidden": true, "question": "Has this project already been funded by other Grant Programs?", "questionId": 18}, {"type": "checkbox", "answer": ["I confirm."], "hidden": true, "question": "I confirm that I have read the Code of Conduct and that I have filled out this form correctly and truthfully.", "questionId": 19}, {"type": "checkbox", "answer": ["I understand."], "hidden": true, "question": "I understand that I will be required to provide KYC information by the UAGP team in case my application is accepted.", "questionId": 20}, {"type": "short-answer", "answer": "Google search", "hidden": true, "question": "How did you find out about UAGP?", "questionId": 21}, {"type": "paragraph", "answer": "Currently the grant is applied as individual under the name of Ravindran who is the founder of Yebelo Technology that has vast experience in Blockchain projects. The Yebelo team would be utilised for the development.  ", "hidden": true, "question": "Additional information", "questionId": 22}, {"type": "short-answer", "answer": "A prototype is in place and need to be professionalized and marketed with the applied grant.  (https://www.bitfisolutions.com/ https://app.bitfisolutions.com/)", "hidden": true, "question": "Special requests", "questionId": 23}], "project": {"id": "0x41a88e14dcf919a3b2f0e6f9834a09b923f70006da42a63d95a5f46019f87f63", "title": "BitFi", "logoImg": "bafkreihliunzcwqsyc3uiawdwr4f2atykq6vbirb6rqetovbgjdwztmste", "metaPtr": {"pointer": "bafkreibxexqbph25uzxwhyksdkxwlbsstjflsixym3xde4sdvvtba7cjt4", "protocol": "undefined"}, "website": "https://BitFiSolutions.com", "bannerImg": "bafkreigxylcsi2locivebpjbrguirz4nvttop67pppo5hdw4fhgh2hs7am", "createdAt": 1709222596670, "credentials": {"twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..8wUOQ5teOwzWPII2H9PICr-g8cac7ch7AuGnW_8J8mCZJbGfUrfANuHXGHlLMzLEe1lvlalLLyQFHRyKU87kAg", "type": "Ed25519Signature2018", "created": "2024-02-29T15:40:21.509Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2024-02-29T15:40:21.509Z", "expirationDate": "2024-05-29T15:40:21.509Z", "credentialSubject": {"id": "did:pkh:eip155:1:0xb4613d950732F469612341E7FB59873CDCc622AF", "hash": "v0.0.0:oZdsjU0UgzHX1KRUsF81Eyal1SesblE229bxhTF5Uzs=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#BitFisolutions"}}}, "description": "A robust protocol implemented in Arbitrum, this system empowers fund managers to execute investment coin swaps seamlessly using Uniswap, all while ensuring the absolute security and ownership integrity of investors' coins. The foundation of the fund's security lies in a smart contract, granting exclusive authority upon the fund manager to optimize yields through strategic token swaps of approved tokens. The system is designed to support multitenancy, accommodating multiple fund managers.", "lastUpdated": 0, "projectTwitter": "bitfisolutions"}, "recipient": "0xe64FD3e77B05503186384DcE625f133945fb3D9c"}}