Closed gustavo-neoswap closed 1 year ago
👋 @gustavo-neoswap Thanks for your application! We will do a pre-review and let you know if we have any immediate questions. In the mean time please refer to our review schedule here for a detailed timeline and response dates. Best, Will
Grant migrated from: https://grantsdashboard.stacks.org/dashboard/grants/346 Repository of the developed tool: https://github.com/neoswap-ai/multiway-swap-js A quick video about it: https://www.loom.com/share/37ba2f24675745daa445e4e85172125d
I think you have an interesting project. If you haven't already gone through the Stacks Web3 Startup Lab, I would like to invite you to apply.
Here's a 5-minute read on how we can help you turn your startup idea into an investment-ready startup: www.web3startuplab.io
If you are interested, you can apply through the "Apply Now" button.
Feel free to ping me on email: scarlett@stacks.ac
APPLICANT
Type:                                                                        Direct Application
Email:                                                                    gustavo@neoswap.ai
Discord:                                                    dulb.btc#6460
Twitter:                                                        dulb26
Stacks Forum:          
GRANT BASICS
Grant Name:                                        Node.js package for multi-way trade smart contract
Total Budget:                              10.000
Total Duration:                 80
Grant Type:                                               Open Source Dev 1st time Grantees
Grant Track:                                          Stacks Developer Experience
Grant Goal:                                               Create New Technology
Grant Audience:             Developers
Specific Audience:         dApp developers
Grant Team:                                       john-neoswap, kuba-neoswap, hamza-neoswap
Previous Grants:                     
Ecosystem Programs:     
GRANT MISSION, IMPACT, RISKS & REFERENCE
Grant Mission:         Multi-party/multi-way trades have historically been difficult to conduct as they are time consuming, high-friction, and often require trusted third-parties. A dramatic advance made possible by Web3 is a new system of exchange called “neo barter,” which helps achieve a satisfactory solution for all parties involved through equitable distribution. The successful implementation of neo barter solutions depends directly on robust multi-way trading smart contracts, which also support the core Web3 values of community interaction and individual ownership.
Design choices made for Clarity language for the sake of security make it impossible to have a single smart contract facilitating multi-way trades involving any NFT contract deployed to Stacks blockchain. Thus we propose to develop a Node.js module to generate a smart contract for a specified trade. The module will help dApp developers easily construct and deploy contracts for conducting multi-way trades.
Grant Impact:               Multi-way NFT trading will increase NFT market liquidity, and help artists to increase the floor price of their collection.
Grant Risks:                          The biggest risk is contract vulnerability. And to overcome this we will apply the best coding practices and ask other developers for code review. We will make it clear to the users that the package is not mature yet and they should proceed with caution.
Support Link:                                     Platform for multi-way NFT trading that we have developed
GRANT ROADMAP & DELIVERABLES
FINAL DELIVERABLE
Deliverable:                   Package development