---
tags: Codename FeNXT, proposal
title: ⚔️ Raid Guild Proposal <> Codename FeNXT ⚔️
---

# ⚔️ Raid Guild Proposal <> Codename FeNXT ⚔️

> Building of a NFT Marketplace funding Public Goods

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## Scope of Work
This proposal covers the work required to build the NFT Marketplace dApp, Codename FeNXT. RaidGuild proposes to handle the Web Design, Frontend, Backend and Smart Contract work explored during the Design Sprint with the Client. The information gained from that exercise is contained in the deliverables below.

## Proposal from RaidGuild

### Expected Deliverables

+ [Design](https://hackmd.io/MmM8yO2gQC6vvsYjNisilA)
+ [FrontEnd](https://hackmd.io/@georgeh/rkrMDKhVi)
+ [Smart Contracts](https://hackmd.io/hD_S55h2SdOoZLPExZ2JmA)
+ [Backend API and Database](https://hackmd.io/EymVaMAYRZ-noJsZzzSjJg)

### Milestones
TBD

### Out of Scope
n/a

### Required Resources
TBD

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## Proposal

| | Estimate | Time Estimate |
| ------------- | -------- | ------------- |
| Webdesign | $ 12,900 wxDAI | 3 weeks |
| Front End | $ 39,650 wxDAI | 10 weeks |
| Smart Contracts | $ 23,675 wxDAI | 4 weeks|
| Backend API and Database| $ 18,000 wxDAI | 5 weeks |
| **Total Estimate** | **$ 94,225wxDAI**| ** 12 weeks** |

*Note: Webdesign and the development work can be run in conjunction. Conservative estimate would involve an overlap in SC and FE work.*
*Note: the above figures include administration and project management*

## Payment

Verified payment of **$ 94,225wxDAI** into RaidGuild's smart escrow service will initiate the project.

> https://smartescrow.raidguild.org
> Raid ID: TBD

Please connect with your EOA to submit payment into escrow.

Upon successful completion of deliverables, we will ask you to release the full funds in escrow.

## In case of dispute

If you lose confidence in the Raid Party at any time, you may `Lock` the remaining funds in escrow.

If you do not release funds upon completion of deliverables, the Raid Party may `Lock` the remaining funds in escrow.

In both cases, the `Lock` triggers the arbitration provider (i.e., LexDAO) to review the dispute. Based on their review, the arbitration provider will decide which party should receive what amount of funds, and will send a transaction to the escrow contract that will transfer the appropriate amounts to each party.

We sincerely hope this won't be the case, but all parties are protected nevertheless.

**We look forward to Raiding, please reach out with any questions or concerns!**

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