Xcavate W3F Grant Application Phase 2

applications/Xcavate2.md

@@ -80,7 +80,7 @@ Integrate DID's and Real Estae NFTs in to the their wallet to improve the UI/UX
 * Ganish Oli - Substrate Developer
 * Rene Hürter - Substrate Developer
 * Alan Ma - Full Stack Developer
-* Victor Chukwonoso - Product Designer
+* Victor Chukwononso - Product Designer
 
 ### Contact
 
@@ -95,12 +95,12 @@ Integrate DID's and Real Estae NFTs in to the their wallet to improve the UI/UX
 
 ### Team's experience
 
-Richard Houldsworth – 11 years in web 2.0 dev space – serial Entrepreneur & Alumni of the Polkadot Blockchain Academy Founders Track (Berkeley UC).
-Alex Ward – 25 years in the global property market – serial Entrepreneur
-Yury Yukhananov - Alumni of the Polkadot Blockchain Academy (Buenos Aires).
-Ganish Oli - ink! smart contract developer and substrate blockchain developer.
-Rene Hürter - ink! smart contract developer and substrate blockchain developer.
-Alan Ma - Full-Stack developer who likes to work with JavaScript/Typescript (React, Next.js, Redux, Vue.js, Node), Blockchain (Bitcoin, Ethereum, Cosmos, Solidity, Rust), Golang, Python among others. Since I graduated from the university, I’ve joined several companies and dev teams to build web/mobile and web3 apps.
+> Richard Houldsworth – 11 years in web 2.0 dev space – serial Entrepreneur & Alumni of the Polkadot Blockchain Academy Founders Track (Berkeley UC).
+> Alex Ward – 25 years in the global property market – serial Entrepreneur
+> Yury Yukhananov - Alumni of the Polkadot Blockchain Academy (Buenos Aires).
+> Ganish Oli - ink! smart contract developer and substrate blockchain developer.
+> Rene Hürter - ink! smart contract developer and substrate blockchain developer.
+> Alan Ma - Full-Stack developer who likes to work with JavaScript/Typescript (React, Next.js, Redux, Vue.js, Node), Blockchain (Bitcoin, Ethereum, Cosmos, Solidity, Rust), Golang, Python among others. Since I graduated from the university, I’ve joined several companies and dev teams to build web/mobile and web3 apps.
 
 ### Team Code Repos
 
@@ -134,19 +134,27 @@ We have been taking time to play with Substrate to form initial local nodes. We
 ### Overview
 
 - **Total Estimated Duration:** 2 months
-- **Full-Time Equivalent (FTE):**  6
+- **Full-Time Equivalent (FTE):**  2.5
 - **Total Costs:** $30000 USDT
 
 ### Milestone 2 — MVP of lending & asset tokenisation protocol
 
 - **Estimated Duration:** 2 months
-- **FTE:**  6
+- **FTE:**  2.5
 - **Costs:** $30000 USDT
 
 We will build on the excellent work we have achieved developing the initial milestone.
 
 In the second milestone, we will bring all of the functionality together so the process of taking out a real estate development loan, loan staking and loan repayment through the sale of property NFTs can be all initiated and managed through a react.js based frontend to the Xcavate substrate protocol.
 
+Figma designs:
+![](https://xcavate.io/W3F/1-landing.jpg)
+![](https://xcavate.io/W3F/2-roles.jpg)
+![](https://xcavate.io/W3F/3-loan_application.jpg)
+![](https://xcavate.io/W3F/4-loan_management.jpg)
+![](https://xcavate.io/W3F/5-property.jpg)
+
+
 | Number | Deliverables | Specification
 |:-------|:---------------------------|:------------------------ |
 | 0a. | License |  Apache 2.0 |
@@ -155,13 +163,11 @@ In the second milestone, we will bring all of the functionality together so the
 | 0d. | Docker / VS Code Instructions | Used to aid testing of all of the components. |
 | 0e. | Tutorial | We will write a tutorial about how to use Xcavate Network. |
 | 0f. | Article | We will write an article published on media channels. |
-| 1. | Xcavate Substrate Node |  We will create a customized chain node with Substrate 2.0 Framework. |
-| 2. | Xcavate dApp Frontend  |  User interface to connect wallet and interact with dApp
-| 3. | Xcavate dApp Backend   |  Connects dApp to substrate node
-| 4. | Community Loan Pallet | Manage loan application & delivery of build finance |
-| 5. | NFT Pallet | Has functionality to mint and list NFTs on marketplace |
-| 6. | Staking Pallet | User can stake native token and receive rewards |
-| 7. | Governance Functionality | Voting structure. |
+| 1. | Xcavate dApp Frontend  |  User interface to connect wallet and interact with dApp - See Figma Designs
+| 2. | Xcavate dApp Backend   |  Connects dApp to substrate node
+| 3. | Community Loan Pallet v2.0 | Changing/Adding functionality regarding the loan process, higher dependency on voting and implementing the previous smart contract functionality into to the loan pallet for greater security and performance. |
+| 4. | NFT Marketplace Pallet | Has restricted functionality to list NFTs on marketplace only once ownership and price checks have been successfully completed. |
+| 5. | Governance Functionality v2.0 | Implementing greater democracy into the loan pallet so that our loan technical committee can vote on milestones, loan proposals and be able to delete the loan when loan has been repaid. |
 
 ## Future Plans