Name of Applicant - Project Pi, LLC
Contact Email - info@projectpi.xyz
Wallet Address - 0xE61f266417D72A7Ee8116A260927C5EC20f1c278
Grant for Tooling
Brief Description
Project Pi is a Blockchain IoT company that provides secure and reliable access to blockchain networks.With our tools, this help to onboard end users, businesses, and universities to use UMA Optimistic Oracle.
Detailed Description
Project Pi is a Blockchain IoT company that provides secure and reliable access to blockchain networks. The proposed end product or service is a platform that enables secure communication between IoT devices and blockchain networks. This is achieved through a combination of hardware and software components that ensure the secure transfer of data from IoT devices to the blockchain.
The platform would be delivered through a combination of hardware and software components. The hardware component would consist of a small device that connects to the IoT device and securely transfers data to the blockchain. The software component would provide a user interface that enables developers to easily integrate their IoT devices with the blockchain platform.
Having access to Project Pi’s platform brings several advantages for developers. First, it enables secure and reliable communication between IoT devices and the blockchain, which is critical for ensuring the integrity of data and transactions. Second, the platform is scalable, meaning that it can support a large number of IoT devices and transactions. Finally, the platform is user-friendly, which makes it easy for developers to integrate their IoT devices with the blockchain, reducing the time and resources required to develop blockchain-enabled applications.
How many UMA tokens are you requesting for this project?
5000
What percentage of the grant would you retain to secure the Optimistic Oracle by voting
10
What are the measurable goals and success factors.
Milestone 1: Proof of Concept
Develop and test a proof of concept to demonstrate the functionality and potential of the platform.
Success factors:
Successfully demonstrate secure and reliable communication between IoT devices and blockchain networks.
Develop a working prototype of the hardware and software components.
Expected payout: 20% of the total project budget.
Length of time for completion: 3 months.
Milestone 2: Alpha Release
Develop an alpha version of the platform that is usable for testing and feedback.
Success factors:
Release an alpha version of the platform that can be used by early adopters and testers.
Receive constructive feedback on the platform's usability, functionality, and security.
Expected payout: 30% of the total project budget.
Length of time for completion: 6 months.
Milestone 3: Beta Release
Develop and release a beta version of the platform that is feature-complete and stable.
Success factors:
Release a beta version of the platform that is stable and feature-complete.
Successfully test the platform with a larger number of users and IoT devices.
Expected payout: 40% of the total project budget.
Length of time for completion: 9 months.
Milestone 4: Production Release
Launch a production-ready version of the platform that is scalable and reliable.
Success factors:
Successfully launch a production-ready version of the platform that is scalable and reliable.
Attract a significant number of users and IoT devices to the platform.
Expected payout: 10% of the total project budget.
Length of time for completion: 12 months.
Other Information
No ty