Minswap Catalyst Engagement Contest Fund 13

Minswap Labs
6 min readDec 3, 2024

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Introduction.

Minswap has established a Catalyst Selection Committee that reviews thousands of catalyst proposals each funding cycle, narrowing them down to the top 50 based on specific criteria. To further decentralize this process and enhance community involvement, we introduced a new proposal starting with Fund 12. This proposal allows any individual within the ecosystem, regardless of their activity, to be listed on the final voting list, provided their proposals meet the required standards or receive community support.

Recently, Minswap organized an engagement contest to identify the top 15 proposals, granting them entry to the final voting round by MIN holders. This contest aimed to encourage the Cardano community to engage with and support innovative projects that did not make the list through volunteer selections. Participants had the opportunity to have their proposals showcased and voted on by the broader community. For more details about the contest, please refer to the official Minswap contest tweet.

The proposal was a significant success, attracting over 170 projects and individuals from across the ecosystem. The community engagement was substantial, with over 15,527 likes, 8,866 retweets, and 2973+ comments. The formula for determining the winners also considered the cumulative volume and total value locked (TVL) of a project’s token (if applicable) on Minswap. We are pleased to present the winners of Fund 13, the top proposals that have made it to the final list further in this article.

Numbers don’t lie — % increase from F12 to F13

Total Likes: +207.95%
Total Quotes/ Reposts: +319.39%
Total Comments: +550.55%
Total TVL: +161.35%
Total Cumulative Volume: +64.12%
Our Appreciation For The Community: +Infinity%

Winners

Snek.fun v2 : Onboarding Cross-Chain Users to Cardano

  • Proposer: @snek
  • Score: 21.1974
  • Tweet: Link
  • Problem Statement: Cardano’s memecoin ecosystem is underexposed and underdeveloped, failing to attract enough new users from other chains, which limits growth and engagement within the community.
  • Solution: Enhance Snekdotfun with new features and implement marketing strategies to attract users from outside Cardano, tapping into an untapped market and driving user acquisition and community engagement.

FluiDeFi — EVM/BTC wallets with any Cardano DApp

  • Proposer: @FluidTokens
  • Score: 6.1442
  • Tweet: Link
  • Problem Statement: Cardano ecosystem is offering opportunities for users, however the user base is small due to the lack of compatibility with popular wallets of EVM/BTC chains. We fix this by using plutus V3 and CIP69
  • Solution: You can control a Cardano-based smart account using Bitcoin or EVM wallets, allowing any Web3 user to access Cardano without needing a new wallet, starting with FluidTokens Dapp

Freyr — Proof of Concept Pilot With Iagon Private Distributed Cloud Service and a Fortune 500 company

  • Proposer: @IagonOfficial
  • Score: 4.2742
  • Tweet: Link
  • Problem Statement: Scalability and Adoption for Iagon. Profit margins and competitive pricing for the Fortune 500 company that has zettabytes of idle, underutilized storage capacity with their enterprise users.
  • Solution: Iagon Private Distributed Cloud Service (PDCS) will demonstrate a proof of concept with the Fortune 500 company for a pilot app that will be installed on the infrastructure of the company.

Iagon & Würth: Platform for Secure 3D Printing and Intellectual Property Management

  • Proposer: @IagonOfficial
  • Score: 4.2630
  • Tweet: Link
  • Problem Statement: Providing a 3D file enables unlimited prints, risking IP protection. Limited encryption and no standard formats complicate monetization and royalty tracking, with no central control for distribution.
  • Solution: Iagon and Würth’s NFT-Smart Contract platform on ORSY Connect secures 3D IP with decentralized storage, automates royalties, and establishes a global marketplace for 3D printing IP and services

Book.io — Bringing Top Book Publisher to Cardano

  • Proposer: @book_io
  • Score: 4.0437
  • Tweet: Link
  • Problem Statement: The Cardano blockchain is still awaiting a major intellectual property (IP) partner to use it as a platform for digital media. Securing this publisher would open access to over 60,000 digital assets.
  • Solution: Partner with a top IP publisher, accessing 60,000 eBooks/audiobooks exclusively on Cardano, expanding global users, boosting transactions, and establishing Cardano as a leader in decentralized media.

Wider accessibility of automated P2P borrowing — Lenfi Software Development Kit (SDK)

  • Proposer: @LenfiOfficial
  • Score: 3.4763
  • Tweet: Link
  • Problem Statement: The lack of an accessible SDK for automated P2P borrowing on Cardano hinders developers from easily creating transactions, limiting accessibility and the growth of DeFi lending platforms.
  • Solution: Our solution is to develop the Lenfi SDK — a user-friendly tool that enables developers to easily create automated P2P borrowing transactions, enhancing accessibility and driving DeFi lending growth.

Lenfi Voltaire: Enable ADA Liquidity for Drep delegation

  • Proposer: @LenfiOfficial
  • Score: 3.3167
  • Tweet: Link
  • Problem Statement: ADA locked in smart contracts can’t be delegated to a DRep without permission, meaning it can’t take part in Cardano governance.
  • Solution: We will upgrade Lenfi to support permissionless ADA delegation to DRep via smart contracts. This will include integration from smart contracts to off-chain and UI.

Fanos Crypto Hub: Empowering Ethiopian Youth with Cardano

  • Proposer: Fanos Crypto
  • Score: 3.1047
  • Tweet: Link
  • Problem Statement: Ethiopian youth face limited access to blockchain education, high unemployment, and a lack of resources to develop tech skills. This gap prevents them from leveraging Web3 opportunities,
  • Solution: Cardano-focused educational and innovation hub in Ethiopia, offering workshops, online courses, & community support. This will equip youth with blockchain skills, & entrepreneurship.

DexHunter One-Click Swaps

  • Proposer: DexHunter
  • Score: 2.8477
  • Tweet: Link
  • Problem Statement: While DexHunter provides excellent UX, users still rely on external wallets for trading, which can be cumbersome and slow. We must improve the UX by allowing faster, more seamless in-platform trading.
  • Solution: Adding an in-platform balance functionality to DexHunter using non-custodial SC balances will allow faster trades, reduce transaction delays, and improve the overall UX.

Anvil x Nuvola: ‘C-Hub’ — Bringing Collateralization to the Global Stage

  • Proposer: Nuvola Digital
  • Score: 2.6759
  • Tweet: Link
  • Problem Statement: Consumers that earn digital rewards are not able to realize the cash value of these rewards due to the proprietary nature of rewards programs, leaving billions in liquidity locked in an unusable state
  • Solution: We propose to create a platform that would take rewards points such as airline miles, credit card points, hospitality points, etc. and turn them into an on chain reference that is saleable/tradeable

Cardano Ekub: A mobile Platform for Community Savings and Investment Pools

  • Proposer: @FanosCrypto
  • Score: 2.3794
  • Tweet: Link
  • Problem Statement: By modernizing Ethiopia’s cherished Ekub system, we blend cultural tradition with blockchain innovation, addressing the lack of transparent, decentralized financial tools for underserved communities.
  • Solution: We will create a decentralized system using Cardano to modernize Ethiopia’s Ekub system, offering secure, transparent, trustless, and global community savings with ADA and tokenized collateral.

Yepple — React/Next.js Wallet Connector for Mainstream Adoption

  • Proposer: @YeppleInc
  • Score: 2.2778
  • Tweet: Link
  • Problem Statement: For mainstream developer adoption of Cardano, developers need a purpose-built wallet connect library available for React/Next.js, the most popular web development framework in the world.
  • Solution: We will open-source a React/Next.js wallet connection library with a direct focus on developer and user experience (DX & UX) to make Cardano adoption trivial for web developers around the world.

Yepple — Token Staking API, SDK & Dashboard

  • Proposer: @YeppleInc
  • Score: 2.0939
  • Tweet: Link
  • Problem Statement: Projects with a token (CNT) have no access to a cost-effective solution for monitoring and rewarding their holders and investors, preventing economic growth with unique and diverse financial models.
  • Solution: We will open source a full-stack API, SDK & Web Dashboard for generating, monitoring, and acting on token holder data, enabling secure integrations of incentives for investors throughout applications.

Farmroll Bounties: A Decentralized Social Media Rewards System

  • Proposer: @farmroll_io
  • Score: 1.7918
  • Tweet: Link
  • Problem Statement: Small projects struggle to gain affordable, authentic social media engagement. Current methods are costly and inefficient, limiting their ability to grow and reach wider audiences.
  • Solution: We will create a decentralized bounty system on Farmroll, where users can offer rewards for social media engagement (for example likes, retweets etc) to boost visibility and growth for small projects.

Farmroll Accelerator: Complete Suite For Easy Token Launches On Cardano

  • Proposer: @farmroll_io
  • Score: 1.7521
  • Tweet: Link
  • Problem Statement: Token launches on the Cardano network are currently overly complex. We aim to address this challenge by creating a comprehensive launchpad suite, streamlining the process for users and projects.
  • Solution: The Farmroll Launchpad will provide an all-in-one, user-friendly solution for token launches, covering social media, questing, claims/airdrops, token sales, and minting functionalities.

Conclusion

We extend our congratulations to all participants of the Minswap Catalyst Fund 13 Engagement Contest and express our gratitude for their invaluable contributions. Each proposal exemplifies the innovative spirit and potential within the Cardano community. As we progress into the final voting round, we encourage everyone to explore these projects and support those that resonate with you. Best of luck to all the finalists in the upcoming voting process! For those interested in viewing the detailed scores and understanding how the winners were calculated, you can access the contest results here.

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Minswap Labs
Minswap Labs

Written by Minswap Labs

Minswap is the multi-pool decentralized exchange on the Cardano blockchain: https://minswap.org

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