DesVault Grant Proposal – small Grant
Project Overview
DesVault is a decentralized storage network designed to offer secure, scalable, and cost-effective data storage. By leveraging a peer-to-peer infrastructure combined with an incentive system, the platform aims to build an ecosystem where users can store, access, and transact digital files seamlessly and privately.
Problem Statement
Centralized storage systems often suffer from issues related to privacy, data breaches, and censorship. DesVault addresses these challenges by:
• Decentralized Storage: Distributing storage across a network of independent node runners to enhance security and resilience.
• Token-Based Rewards: Rewarding participants with a native token that can be used for accessing premium services, participating in network governance, and transacting within an integrated ecosystem.
• Marketplace Functionality: Enabling a marketplace for buying, selling, and renting files to boost storage utility and drive token value.
• Creators Hub: Providing a dedicated space for content creators to collaborate, showcase their work, and monetize their content directly on the platform.
• Library System: Offering a flexible digital library where users can borrow or lend books, documents, images, or other media—with options to enable or disable downloads—and earn rewards for engagement and usage.
• Group Sharing : Users can create private groups to securely share files. Blockchain-based access tokens control who can access the group, view the files, download files and even make comments or adjustments to the files. For example, an organisation can use Group sharing to privately have meetings with hierarchy.
Objectives
• Develop a Proof-of-Concept:
Build a working prototype of the decentralized storage protocol integrated with tokenized rewards. This includes:
• Incorporating a Zero-Knowledge Proof (ZKP) mechanism for enhanced data privacy.
• Leveraging IPFS for distributed file storage.
• Supporting various node types such as storage nodes, audit nodes, and validator nodes.
• Dashboard & Analytics:
Implement an admin dashboard that displays key metrics, including:
• User storage usage and reward points.
• Overall network health and performance.
• Insights into contributions from different node types (storage, audit, validator) and IPFS integration.
• Token Mechanics:
Create and distribute DesVault Coin via an airdrop to early adopters and node runners. Include mechanisms for staking and yield rewards to encourage long-term participation.
• Pilot Deployment:
Launch a controlled pilot program with a select group of node runners to validate:
• System performance and security.
• The effectiveness of incentive models across decentralized and cloud nodes.
• Operational data from various node types.
• Governance & Future Enhancements:
• Establish a decentralized autonomous organization (DAO) framework for community-driven governance.
• Develop a roadmap and prototype for an NFT-based password retrieval system for user accounts, targeted for future implementation when transitioning to the Sui platform.
Deliverables
- Core Protocol Implementation:
A decentralized file storage protocol that supports secure file uploads, downloads, and distribution. This system will:
• Integrate with IPFS.
• Utilize a ZKP mechanism to safeguard data privacy.
• Support multiple node types including:
• Storage Nodes: For file storage and distribution.
• Audit Nodes: To continuously monitor and verify network activity.
• Validator Nodes: To ensure consensus and secure transactions.
- Admin Dashboard:
A comprehensive management interface that displays:
• User storage usage and reward points.
• Network health and performance metrics.
• Detailed insights into the contributions of storage, audit, and validator nodes, along with IPFS performance data.
- Token Integration:
A fully functional DesVault Coin system, featuring:
• Airdrop Mechanisms: For onboarding early users and node runners.
• Staking and Yield Features: To encourage long-term holding and active network participation.
- Documentation & Testing:
Comprehensive technical documentation and user guides, alongside a robust testing framework to ensure:
• High performance and security.
• Seamless integration of the decentralized storage protocol and its hybrid node model during both the pilot phase and subsequent deployments.
- Pilot Program:
A controlled deployment with a limited set of node runners (including storage, audit, and validator nodes) to:
• Gather real-world performance data.
• Validate the incentive and reward structures.
• Fine-tune the network prior to broader scaling.
- Governance & Future Implementation Plan:
• Establish a DAO framework to facilitate decentralized governance and decision-making.
• Outline and prototype an NFT-based password retrieval system for user accounts, earmarked for future integration when adopting the Sui platform.
Timeline
The project is structured to be completed within <8 months, following these phases:
• Phase 1: Finalize requirements, design the architecture, and commence core protocol and token development.
• Phase 2: Develop the admin dashboard, integrate token mechanics, and initiate internal testing.
• Phase 3: Launch the pilot program with select node runners, accompanied by comprehensive testing and feedback sessions.
• Phase 4: Refine the platform based on pilot feedback, complete documentation, and prepare for broader deployment.
Budget
We are requesting a total of $10,000 for this Small Grant. The MVP is currently 50–70% complete, and these funds will be used to complete the remaining development work needed to launch the pilot and refine key features. The budget is allocated as follows:
• Development & Engineering (50%):
Complete the core protocol enhancements, token integration, and advanced features (including ZKP, IPFS integration, storage/audit/validator nodes, and the DAO framework).
• Testing & Quality Assurance (20% ):
Conduct security audits, functional testing, and performance validation to ensure the platform meets our rigorous standards.
• Documentation & Community Outreach (15% ):
Produce comprehensive technical documentation and user guides while initiating community engagement to attract early adopters and testers.
• Operational Costs (Pilot Deployment) (15%):
Cover infrastructure, hosting, and miscellaneous expenses during the pilot phase.
This MVP will serve as an entry point to build the community and attract early testers. The performance metrics and user feedback gathered during the pilot will be essential in securing larger-scale funding through future grants, ICOs, or investor rounds.
Risks and Mitigation Strategies
• Technical Integration:
Adopt agile development practices with frequent milestones to identify and resolve integration challenges early.
• Security Vulnerabilities:
Implement comprehensive security audits and incorporate feedback from independent experts.
• User Adoption:
Initiate a focused pilot phase to ensure network stability and collect real-world data, reducing risks during full-scale deployment.
Team
Currently, the DesVault project is led by a single founder asking with an advisor with expertise in blockchain development and decentralized systems. As the project progresses and further funding is secured, there are plans to expand the team with additional professionals in cybersecurity, engineering, and community management.
Conclusion
DesVault aims to revolutionize the storage landscape by combining decentralized technology with a robust token incentive system. By securing this Small Grant, we will complete our MVP, validate our proof-of-concept, and create a transparent, rewarding user experience. This foundational work will pave the way for building a scalable ecosystem where storage, transactions, and community engagement drive token value and network growth.
Thank you for considering our proposal. We look forward to the opportunity to build a more secure and accessible future for decentralized storage.