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General Grant Proposal

  • Project: Prediction market, Music/DJ focus

Project Overview
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Overview

This project is an innovative initiative within PSE, spearheaded by Barry. Our objective is to integrate the concept of a prediction market into a DJing platform. This platform will operate on a 4/4 beat, where the prediction market will select the subsequent track at every second bar. A conductor will evaluate the performance of each bar, determining it as either good or bad, which will in turn influence the payout of the prediction market.

Project Details

The initial phase of this project involves recruiting a lead engineer to work in close collaboration with Barry to develop a proof of concept. This collaboration aims to translate the envisioned idea into a tangible prototype, setting the foundation for further development.

Team
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Team members

Team's experience

Greg has 7+ years of experience working with cryptocurrencies. The work involved integrating and working with diverse blockchains (Bitcoin, Ethereum, Cosmos, Binance, Filecoin, and others) into client-facing projects (Exodus), creating indexing backends to provide real-time transaction access, working on modular assets architecture, scalability, managing code-debt, auditioning/reviewing the code to improve security. As a tech lead, he loves to bring team members up to speed and create a vibrant dev environment.

Development Roadmap
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Given the exploratory and experimental nature of this project at this stage, we will adopt a flexible approach to the development roadmap. Instead of setting fixed deliverables, our focus will be on achieving continuous progress and adapting our strategy based on the insights and feedback we gather throughout the development process. This approach will allow us to refine our concept and methodologies iteratively, ensuring that we can navigate the complexities of integrating prediction markets with music and DJing effectively.

Overview

  • Total Estimated Duration: 16 weeks.
  • Full-time equivalent (FTE): 0.2 (10hr for first 4 weeks) 1 (40hrs from April 15th) (see)
  • Total Costs: Amount of Payment for the whole project.

Milestone 1

  • Estimated Duration: 4 weeks (3/18 - 4/15)
  • FTE: 0.25 (10hr/week)
  • Costs: $2,500
  • Estimated delivery date: 4/15/2024
  • Deliverable:
    • Set up repo - Public viewable
    • Working codes or write up

Milestone 2

  • Estimated Duration: 4 weeks (4/5 - 5/13)
  • FTE: 1
  • Costs: $10,000
  • Estimated delivery date: 5/13/2024
  • Deliverable:
    • Working codes or write up

Milestone 3

  • Estimated Duration: 4 weeks (5/13 - 6/10)
  • FTE: 1
  • Costs: $10,000
  • Estimated delivery date: 6/10/2024
  • Deliverable:
    • Working codes or write up

Milestone 4

  • Estimated Duration: 4 weeks (6/10 - 7/8)
  • FTE: 1
  • Costs: $10,000
  • Estimated delivery date: 7/8/2024
  • Deliverable:
    • Working codes or write up