⚔️ Raid Guild Proposal <> wPokt ⚔️

Creation of Wrapped Pokt and the Pokt Bridge dApp


Raid Party


Scope of Work

This proposal covers the work required to deploy the wPokt ERC20 token and Pokt Bridge dApp. 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.

Developement Strategy

We wish to run this project with 2 week long developement cycles. At the end of each week we purpose to meet with the Pokt team to review progress and ensure project allignment. This will serve to keep developement pace and sustainable pay for Raiders.

Raid Guild operates as a skilled band of mercenaries joining forces to deliver on Raids. We form ad-hoc raid parties suited to customer need. For work stream purposes we've identified our silos (Design, FrontEnd, Smart Contracts and Backend) but we operate as one squad.

Proposal from RaidGuild

Expected Deliverables

Milestones

  1. June 2nd - Deliverables

    • DESIGN: Visual Design Protoype

  2. June 16th - Deliverables

    • FRONT END: UI Components
    • SMART CONTRACT: wPokt Contract
    • BACK END: Mint Flow

  3. June 30th - Deliverables

    • SMART CONTRACT: Minter Contract

  4. July 14th - Deliverables Aug 4th - Deliverables

    • FRONT END: Core Functions
    • SMART CONTRACT: Audit Readiness
    • BACKEND: Burn Flow (7/7 delivery)
    • FINAL: Integration and Testing

Out of Scope

TBD

Required Resources

TBD

Proposal

Estimate Time Estimate
Webdesign $ 3,600 wxDAI 1 week
Front End $ 9,300 wxDAI 4 weeks
Smart Contracts $ 14,300 wxDAI 3 weeks
Backend $ 15,000 wxDAI 7 weeks
Total Estimate $ 42,200 wxDAI ** 8 weeks**

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

Payment

Verified payment of $ 42,200 wxDAI into RaidGuild's smart escrow service will initiate the project.

https://smartescrow.raidguild.org
Raid ID: 903b8a60-a34f-4154-881c-27fe4d61d561

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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