Hello everyone,
We’d like to share a brief update on our journey so far, coming from Indonesia.
In Fund13, we successfully delivered Indonesia’s first blockchain-integrated used car inspection reports, stored on Cardano. These were real inspections from our company PT Inspeksi Mobil Jogja, not just a concept.
Currently, we are running 200+ inspections per month across multiple cities in Central Java, with each report following strict inspection standards.
For Fund14, our proposal focuses on scaling this into a broader trust infrastructure: NFT inspection reports, smart-contract escrow for safer car transactions, and future integrations with academic and industrial partners.
We share this not for self-promotion, but to show how Cardano is already being applied in real business operations on the ground here. Indonesia is a large and growing market, and we believe this is just the beginning of building a decentralized trust layer for Southeast Asia.
We welcome feedback, questions, and even critical thoughts from the community.
Thank you for reading.
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@CARdano_Records that sounds promising but please can you include a link to your delivered Fund 13 proposal… and I assume you also want to link to the Fund 14 proposal in advance of the election? (neither are linked at this time)
Sure! Here our proposal, both the previous one (Fund13) and the ongoing one (Fund14)
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Here’s why our roadmap is realistic and manageable.
Our Fund 13 work laid the groundwork: we delivered the PDF→hash→IPFS→NFT pipeline and a working MVP for the escrow and NFT engine. We’re not starting from scratch, we’re building on a proven foundation.
The v2 roadmap is divided into six milestones (M1–M6) with clear deliverables testnet demonstrations, third-party audits, pilot deployment, and final release. Each milestone has acceptance criteria and gating, so we only proceed once the previous stage meets its objectives.
Responsibilities are distributed across specialised teams (product, DevOps, mobile, UX, marketing) with support from an inspection partner and two university professors. This modular approach prevents bottlenecks and ensures quality control.
A few takes on the proposal, mainly regarding some decision:
- Noticed that the previous F13 is still ongoing. Why propose another one immediately instead of closing that first?
- Why introduce NFT, identity KYC, and auction escrow? Were these the actual bottlenecks in the previous project?
- The KPIs aiming for dispute rate and resolution seem oddly specific. Why weren’t the KPIs tied to the number of transactions instead?
- There are several roles listed as “to-be-recruited.” Be cautious with this, as it can signal risk or unclear scope. It might be better to just remove them next time. Be very cautious too with personal data.
Thanks for sharing the update
Thank you for the thoughtful feedback. Let me clarify a few points:
- The Fund13 proposal is now complete.
- Our Fund13 project was more of a way to “test the waters” in Indonesia. The positive response and traction we received (especially across social media) encouraged us to continue with a bigger plan that can deliver more utility, impact, and adoption.
- For KPIs, we deliberately chose to focus on business-related metrics rather than purely technical ones, because the technical usually follows the business scale. That said, we will still track transaction-based metrics such as the number of inspections.
- We appreciate your note on recruitment and personal data. We will be very cautious moving forward.
Thanks again for taking the time to share your input, it really helps us sharpen the proposal.
Why our v2 is an evolution, not a gamble.
Phase 1 (Fund 13) has already produced tangible deliverables: the PDF→hash→IPFS→NFT pipeline, along with escrow/NFT prototypes. Those components are working today and will be open-sourced.
The v2 proposal expands the product with features like IDR escrow, auction mechanisms, mobile and web apps, regulatory integrations, and open-source modules. Instead, it leverages the technical foundation and lessons learned.
To mitigate risk, we use pilot gating and staged release. We will deploy testnets, conduct audits, and launch limited pilots before moving to a nationwide rollout. If we find roadblocks, the roadmap allows us to adjust scope without jeopardising community funds.
350 k ADA sounds huge… but is it really? Let’s talk costs and return on investment.
The 350 k ADA budget funds engineering, audits, legal compliance, infrastructure, marketing, and partner engagement. Two core modules, an escrow contract and a RWA-NFT engine will be open-sourced, meaning the entire Cardano ecosystem can reuse them without paying licensing fees.
Labour costs drive most software budgets. According to a 2024 salary survey, the average mid-level software engineer in Indonesia earns about IDR 15 million (≈USD 1,050) per month. Compare this to the United States, where the average software engineer earns about USD 137,355 per year (≈USD 11,446 per month). Our team can therefore deliver high-quality software at a fraction of the cost of a Silicon-Valley team.
Yes, only 27 k ADA is allocated to marketing, but our strategy focuses on targeted campaigns and organic community growth. Our success metrics (e.g., number of verified users and trades) will be tracked on-chain to demonstrate return on investment.
