Desmos <> Crypto.org Ecosystem Grant Proposal

[Zheng-Shilin]

Here is a grant proposal from Desmos Network | Forbole on integrating Desmos profile feature on Crypto.org chain.

contact

Email: [email protected]
Team: Forbole
Website: www.forbole.com

Company/Team Credential

Forbole is a professional validator for over 25 blockchains and an active contributor in the blockchain space. Forbole has built the reputable open source Big Dipper block explorer, which has been forked over 120 times on GitHub, and received traffic from over 140 countries and regions. The team consists of experienced software developers, infrastructure engineers, seasoned marketers, and creative designers. There are currently 18 full-time employees in the company and we are looking to expand the team in Q3 2021 to over 30 people.

We recently launched Desmos Network, a sovereign blockchain protocol designed to be the backbone for decentralized social networks apps. Desmos Network is a Cosmos-SDK based chain, and it is BC (Inter-blockchains communication) ready.

Project Descrption

Title

Desmos profile for Crypto.org users

Introduction

Desmos' decentralized profile feature

Desmos is a blockchain designed to be the backbone of multiple decentralized social network applications. On top of all Cosmos-SDK features, Desmos has developed a “decentralized user profile” feature. A user can register a Desmos profile where they record their information, such as social media handles, wallet monikers, bio, etc..

The usage of Desmos profile

Desmos is a blockchain designed to be the backbone of multiple decentralized social network applications. On top of all Cosmos-SDK features, Desmos has developed a “decentralized user profile” feature. A user can register a Desmos profile where they record their information, such as social media handles, wallet monikers, bio, etc..

The mechanism of Desmos profile

We are developing a profiles module on Desmos, which will contain a Link object. The Link object will store data representing inter-chain links and cross-chain links, which can be used to verify the addresses a user owns. One address, regardless of which chain, will only be allowed to link to one profile, in order to prevent the double-profile problem.

Our team is developing another ibc/profiles module that can be easily used by other chains. The x/ibc/profiles module will contain IBC packets and methods that other chains can use to send over their request.

For more specific discussion on the Profiles Module, please refer to this PR.

How will the project benefit the Crypto.org Chain and its ecosystem

We want anonymity in the blockchain world, yet there is also increasing demand for identity verification, especially when doing transactions with a large enough quantity of tokens. Desmos profile is a good attempt to solve this dilemma. It can prove the trustworthiness of a profile and prevent identity theft without touching a user’s personal information in the physical world.

The Desmos profile feature can be extremely helpful for validators. If a validator is running nodes on several chains, they would not need to input their information everytime they join a new network, but instead, they could just let the chains retrieve their Desmos profile. It also saves delegators’ trouble to verify their validators information in different networks.

We also see the benefits of Desmos profile for Crypto.com users. $CRO holders can verify a recipient’s or a validator’s address through their Desmos profiles when doing transactions. $CRO holders’ Desmos profiles can also be retried by explorers, wallets, other on-chain applications when needed, which could save their time of inputting similar information on multiple occasions.

Timeline of Implementation

Deliverable	Time (Weeks)
profile module for crypto.org chain	6
Internal audit	2
Integration instruction for Crypto.org team	1
implementation of the module on Crypto.org chain	1
Create a user guide for CRO holders on how to register Desmos profile and send their CRO addresses for verification and display	1
Total Weeks	11

Budget

Personnel	Number	Rate/week	working time (weeks)	Cost
Product/Project Manager	1	$2,400	11	$26,400
Engineers	4	$2,400	11	$105,600.00
Total Cost				$132,000.00

Project Status

Desmos is planning to launch mainnet in Q4 2021. Our team will prepare the ibc/profiles module for the Crypto.org team to integrate onto crypto.org chain.