PadiDeals: Empowering African E-Commerce with Snet

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Kings Ghedosa
Project Owner

PadiDeals: Empowering African E-Commerce with Snet

Funding Requested

$5,000 USD

Expert Review
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Overview

PadiDeals is redefining the way people shop thereby revolutionizing the online marketplace ecosystem in Africa. Leveraging the power of Snet (SingularityNET) technology, PadiDeals offers a secure, transparent, and cost-effective platform for buyers and sellers across the continent. Our goal is to bridge the gap of limited access, high fees, and trust issues prevalent in traditional e-commerce, thereby fostering economic growth, empowering businesses, and enhancing user experiences in the African market.

Proposal Description

Company Name (if applicable)

PadiDeals Marketplace

Full Project Proposal

Yes

Please explain how this future proposal will help our decentralized AI platform grow and how this ideation phase will contribute to that proposal.

PadiDeals is empowering African E-Commerce marketplace with Snet, It will help the SingularityNET decentralized AI platform grow by expanding its market reach in Africa and showcasing Snet's capabilities in real-world applications. The ideation phase allows community engagement and feedback, paving the way for strategic partnerships and use case diversification, ultimately contributing to the platform's growth and innovation.

Clarify what outcomes (if any) will stop you from submitting a complete proposal in the next round.

The outcomes that could potentially prevent me from submitting a complete proposal in the next round include:

1. Insufficient Funding: If the funding required for the project is not secured or if there are budget constraints that hinder the execution of the proposal.

2. Lack of Technical Expertise: If there is a shortage of technical expertise or resources needed to develop and implement the project effectively.

3. Regulatory or Compliance Issues: If there are legal or regulatory hurdles that need to be addressed before proceeding with the proposal.

4. Unforeseen External Factors: Any unexpected events or external factors such as market conditions, geopolitical issues, or technological disruptions that may impact the feasibility or timeline of the project.

It's important to address and mitigate these potential outcomes during the planning and preparation phase to ensure a successful submission of the complete proposal in the next round.

The core problem we are aiming to solve

The core problem that PadiDeals aims to solve is the lack of accessible, secure, and affordable e-commerce platforms tailored to the needs of African businesses and consumers.

Our specific solution to this problem

Our specific solution at PadiDeals addresses the core problem by providing a user-friendly online marketplace built on Snet (SingularityNET) technology. This solution ensures:

1. Accessibility: PadiDeals offers a platform that is easily accessible to businesses and consumers across Africa, overcoming barriers such as limited internet access or technical knowledge.

2. Affordability: With low transaction and subscription fees, affordable products and cost-effective services for sellers, PadiDeals makes e-commerce more affordable and accessible to small businesses and entrepreneurs in Africa.

3. Tailored Features: PadiDeals is designed with features specifically tailored to the African market, including local payment methods, language support, and cultural considerations, enhancing the user experience and driving engagement.

Overall, PadiDeals provides a robust, secure, and inclusive e-commerce platform that empowers African businesses to thrive in the digital economy.

Project details

Project Title: PadiDeals - Empowering African E-Commerce with Snet Capabilities 

Overview:
PadiDeals is a groundbreaking project aimed at revolutionizing the e-commerce landscape in Africa by leveraging the power of Snet (SingularityNET) technology. The platform is designed to address the core challenges faced by businesses and consumers in the African market, including limited access to reliable online marketplaces, high subscription fees, affordable products and trust issues.

Problem Statement:
Africa, despite its immense potential, faces significant hurdles in the e-commerce sector. Many businesses struggle to reach customers online, while consumers often face high fees and security concerns when conducting transactions. Existing platforms lack the tailored features and infrastructure needed to support the diverse needs of the African market.

Solution Overview:

PadiDeals is a comprehensive e-commerce solution designed to transform the online shopping experience in Africa. Leveraging cutting-edge technologies and a user-centric approach, PadiDeals offers a range of features and functionalities to streamline the buying and selling process.

Key components of PadiDeals' solution include:

1. User-Friendly Interface: PadiDeals boasts an intuitive and responsive user interface, making it easy for buyers and sellers to navigate, explore products, and conduct transactions seamlessly.

2. Advanced Search and Filtering: Our platform incorporates advanced search and filtering capabilities, allowing users to find products based on specific criteria such as category, price range, brand, and more.

3. Secure Payments: PadiDeals integrates with trusted payment gateways like Paystack to ensure secure and hassle-free payment processing, instilling confidence in both buyers and sellers.

4. Seller Tools and Dashboards: Sellers benefit from robust tools and dashboards to manage their inventory, track sales, handle orders, and engage with customers efficiently.

5. User Reviews and Ratings: PadiDeals encourages transparency and trust through user reviews and ratings, enabling informed purchasing decisions and fostering a vibrant and trustworthy marketplace ecosystem.

6. Mobile Optimization: Recognizing the prevalence of mobile devices in Africa, PadiDeals is optimized for mobile usage, ensuring a seamless shopping experience across smartphones and tablets.

Overall, PadiDeals' solution is geared towards empowering local businesses, enhancing user satisfaction, and driving growth in the African e-commerce sector.

Market Opportunity:
The African e-commerce market is rapidly growing, presenting a significant opportunity for PadiDeals to capture market share and become a leading platform in the region. With millions of potential users seeking reliable and inclusive e-commerce solutions, PadiDeals aims to fill this gap and drive economic growth across Africa.

Technology Stack:
PadiDeals is an innovative e-commerce platform revolutionizing African online shopping. Our tech stack will includes React.js, Node.js, Express.js, and MongoDB for a seamless user experience. Paystack powers secure payments. Features include user-friendly registration, product listings, secure checkout, and seller dashboards. Padideals aims to empower local businesses and elevate the African e-commerce landscape.

Business Model:
PadiDeals operates on a revenue model based on transaction and subscription fees, premium services for sellers, and strategic partnerships with payment providers and logistics companies. The platform's scalable and sustainable business model ensures long-term viability and growth.

Impact and Benefits:
- Empowering Small Businesses: PadiDeals provides a platform for small businesses and entrepreneurs to reach a wider audience, expand their customer base, and grow their revenue.
- Enhancing User Experience: With a focus on user-friendly interfaces, localized features, and secure transactions, PadiDeals enhances the overall e-commerce experience for both buyers and sellers.
- Driving Economic Growth: By facilitating online trade and commerce, PadiDeals contributes to economic growth, job creation, and innovation across Africa.

Conclusion:
PadiDeals is poised to transform the African e-commerce landscape, offering a secure, affordable, accessible, and inclusive platform powered by Snet technology. With its innovative features, robust infrastructure, and commitment to driving economic empowerment, PadiDeals is set to become a leading force in African e-commerce, unlocking new opportunities for businesses and consumers alike.

Our team

Kings Ghedosa - Project lead

With over 7+ years in e-commerce and online marketplace, Kings is a seasoned professional and achiever known for managing teams and projects. With a track record of success in onboarding over 2,000 vendors and growing 10x above revenue target, he bring a wealth of experience to drive the success of the project.

https://www.linkedin.com/in/kings-ghedosa-b0509154/

 Seun Oyedele- Head, Marketing & Research

 Fawaz Adeoye- Lead Developer 

Abiodun Hodonu- Product Manager 

View Team

What we still need besides budget?

No

Existing resources we will leverage for this project

No

Proposal Video

Placeholder for Spotlight Day Pitch-presentations. Video's will be added by the DF team when available.

  • Total Milestones

    4

  • Total Budget

    $5,000 USD

  • Last Updated

    3 May 2024

Milestone 1 - Market Research and Planning

Description

1. Research African e-commerce market user needs and competitors. 2. Evaluate Snet AI and other technologies. 3. Develop strategic plan and risk assessment. Output: Market research report user analysis competitor assessment tech evaluation strategic plan risk assessment.

Deliverables

1. Market Research Report: A comprehensive report detailing findings from research on the African e-commerce market. Includes market size growth projections competitive analysis regulatory landscape and key trends. 2. User Needs Analysis: Document outlining the identified pain points preferences and behavior patterns of African businesses and consumers in the e-commerce sector. Includes insights from surveys interviews and user feedback. 3. Competitor Assessment: Summary report comparing and analyzing existing e-commerce platforms in Africa. Covers strengths weaknesses market positioning pricing strategies and unique selling propositions. 4. Technology Evaluation Summary: Overview of the evaluation process for Snet AI services and other technologies considered for integration into Padideals. Includes pros and cons compatibility assessment and recommendations. 5. Strategic Plan: Detailed plan outlining objectives target markets revenue models marketing strategies operational requirements and timeline for Padideals' development and launch. 6. Risk Assessment Document: Document identifying potential risks challenges and uncertainties associated with Padideals' implementation. Includes risk analysis mitigation strategies and contingency plans. These deliverables collectively provide a foundation for the successful development launch and growth of PadiDeals as an innovative e-commerce platform in Africa.

Budget

$1,500 USD

Milestone 2 - Feedback Gathering and Concept Refinement

Description

1. User Feedback Collection: Gather feedback from potential users through surveys interviews and focus groups to understand their needs and preferences regarding Padideals. 2. Competitor Analysis: Conduct an in-depth analysis of competitors in the African e-commerce market focusing on their strengths weaknesses and strategies for differentiation. 3. Stakeholder Consultations: Engage with industry experts advisors and potential partners to gather insights and perspectives on PadiDeals' concept market positioning and potential challenges. 4. Technology Feasibility Assessment: Evaluate the feasibility of integrating Snet AI services into PadiDeals considering technical requirements costs and potential benefits for enhancing user experience. 5. Concept Refinement Workshop: Organize a workshop with the project team to review feedback competitor analysis stakeholder insights and technology assessment. Refine the concept of Padideals and prioritize key features based on the gathered insights. 6. Feedback Analysis and Documentation: Analyze feedback competitor insights stakeholder inputs and technology assessment results. Document findings and recommendations for concept refinement and strategic direction. Outcome: Comprehensive feedback analysis report updated competitor analysis stakeholder insights summary technology feasibility assessment report refined concept and feature prioritization and documented recommendations for further development.

Deliverables

1. User feedback report summarizing needs and preferences. 2. Updated competitor analysis highlighting key strategies. 3. Stakeholder insights summary on PadiDeals' concept. 4. Technology feasibility assessment for Snet AI integration. 5. Concept refinement recommendations and feature prioritization. 6. Documentation with actionable feedback analysis and insights. These deliverables collectively provide a foundation for refining PadiDeals' concept prioritizing features addressing user needs and aligning the project with market trends and expectations.

Budget

$1,000 USD

Milestone 3 - Concept Finalization and Documentation

Description

1. Feature Finalization: Finalize the key features and functionalities of Padideals based on feedback analysis concept refinement and stakeholder inputs. Prioritize features that align with user needs and market trends. 2. Technical Documentation: Prepare detailed technical documentation outlining the architecture functionalities and integrations required for PadiDeals. Include specifications for backend infrastructure API integrations and potential future enhancements. 3. Business Model Development: Develop a comprehensive business model for PadiDeals including revenue streams pricing strategies partnerships and scalability plans. Ensure alignment with market opportunities and competitive positioning. 4. Regulatory Compliance Review: Conduct a review of regulatory requirements and legal considerations relevant to PadiDeals' operations including data protection consumer rights and e-commerce regulations in African markets. 5. Strategic Roadmap: Create a strategic roadmap outlining the milestones timelines and resource allocations for PadiDeals' development and launch. Include key milestones dependencies and risks mitigation strategies. 6. Feedback Integration: Integrate feedback from stakeholders user research and concept refinement into the final documentation and strategic roadmap. Ensure that all aspects of PadiDeals' concept and development plan are aligned and well-documented.

Deliverables

1. Finalized feature set document. 2. Technical documentation. 3. Business model report. 4. Regulatory compliance review. 5. Strategic roadmap. 6. Feedback integration report. These deliverables collectively provide a clear and comprehensive understanding of PadiDeals' concept technical requirements business model regulatory compliance strategic direction and integrated feedback for successful development and launch.

Budget

$1,500 USD

Milestone 4 - Future Round Anticipation and Project Reflection

Description

1. Project Reflection Report: Compile insights achievements challenges and lessons learned from PadiDeals' development. Document areas for improvement and strategies for future iterations. 2. Strategic Roadmap Adjustment: Review and update the strategic roadmap based on project reflection. Identify new milestones priorities and opportunities for enhancement in future rounds. 3. Technology Assessment for Future Integration: Assess emerging technologies or features for potential integration into PadiDeals in future rounds. Evaluate feasibility benefits and impact on platform advancement. 4. Market Trends Analysis: Analyze African e-commerce market trends to anticipate shifts and opportunities affecting PadiDeals' future development and strategic planning. 5. Community Engagement Strategy: Develop a strategy for engaging Snet community investors and partners in future funding rounds. Define key messaging outreach channels and engagement activities. 6. Documentation Review: Review and finalize all project documentation ensuring accuracy and relevance for stakeholders developers and future project teams. Outcome: Reflection report updated roadmap technology assessment market trends analysis community engagement strategy and finalized documentation for future rounds and project iterations.

Deliverables

These deliverables collectively prepare PadiDeals for DeepFunding participation in future round and Snet integration showcasing its readiness market positioning technological capabilities and strategic planning for future growth and success.

Budget

$1,000 USD

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Reviews & Rating

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13 ratings
  • 0
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    CLEMENT
    May 17, 2024 | 12:24 PM

    Overall

    4

    • Feasibility 4
    • Viability 4
    • Desirabilty 4
    • Usefulness 5
    Project brings about Innovation in E-commerce

    In addition to contrubuting to economic growth within the African sphere, PadiDeals' approach to redefining the way people shop in Africa demonstrates innovation in e-commerce, potentially inspiring new ideas and developments within the SingularityNet marketplace. Also, by providing a secure, transparent, and cost-effective platform for buyers and sellers in Africa, PadiDeals expands the reach and accessibility of the SingularityNet marketplace to a new and growing market

  • 0
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    Gombilla
    May 17, 2024 | 12:21 PM

    Overall

    4

    • Feasibility 3
    • Viability 3
    • Desirabilty 4
    • Usefulness 4
    Project has Numerous Collaboration Opportunities

    PadiDeals' integration with SingularityNet technology opens up opportunities for collaboration with other AI developers and service providers within the ecosystem, enriching the range of services available to users. However, the proposer(s) needs to come explicitly clear on the SingularityNet's role in the deployment and advancement of this project. 

  • 0
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    Mai Pippi
    May 13, 2024 | 9:53 AM

    Overall

    3

    • Feasibility 3
    • Viability 3
    • Desirabilty 4
    • Usefulness 3
    BREAKTHROUGH IDEAS IN THE E-COMMERCE INDUSTRY

    Desirabilty

    The e-commerce industry is a fast-growing industry. Therefore, the need to have an e-commerce platform that combines the application of AI technology is a good idea. It helps increase transparency and save costs for users.

    Usefulness

    The project can bring long-term profits and is a concrete demonstration of the application of AI technology in practice.

    Feasibility

    The project requires a lot of professional capacity in AI technology, e-commerce industry knowledge, and marketing knowledge. There is not much evidence to demonstrate their understanding of AI technology. They need more evidence showing their ability to carry out this project.

    Viability

    Many large companies are existing in the market. Competition is unavoidable, and I want to know more about the team's intentions to face this challenge. In addition, the presentation of milestones seems to focus only on collecting documents. How can we be sure that the collected documents are comprehensive and objective? What practical applications can the team make initially?

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    Kings Ghedosa
    May 14, 2024 | 6:59 AM
    Project Owner

    Hello,

    Our project will combine cutting-edge AI technology from SNET marketplace with the booming e-commerce industry, offering a compelling solution that is not only feasible but also viable and highly desirable in the current market landscape. With a talented & experienced team, strategic partnerships, and innovative features, we are confident in the success and impact of our AI-powered e-commerce platform.

  • 0
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    Victor2815
    May 12, 2024 | 4:35 PM

    Overall

    2

    • Feasibility 2
    • Viability 3
    • Desirabilty 3
    • Usefulness 3
    Need more market research

    The proposal team has presented an extremely good perspective and economic picture when proposing a project like this. Although it is presented neatly and easily understood, the most important thing is that it is not easily feasible, in my personal opinion. As far as I know, the demand for e-commerce in Africa is not too much, but there are large corporations ready to invest huge capital, even billions of dollars, to develop and promote the e-commerce market, does your project with a small budget have any ability to compete with them? And there's another point that makes me confused about this project's proposal. If I'm not mistaken, you also proposed another project, right? Whether calling for investment in both projects at the same time, and both projects going into operation, does the project proponent have enough ability and skills to operate and maintain the project well? 

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    Kings Ghedosa
    May 13, 2024 | 7:22 AM
    Project Owner

    Hello,

    I understand the concerns raised about the e-commerce market in Africa and competition from large corporations. Our approach is to leverage advanced AI technologies from Snet, which offers unique advantages in enhancing user experiences, optimizing operations, and driving growth. By integrating AI capabilities into the marketplace, we aim to differentiate ourselves through intelligent automation, personalized recommendations, and data-driven decision-making.

    Regarding the multiple project proposals, we have assessed our operational capacity and are confident in our ability to manage and maintain both projects effectively. Our team comprises individuals with diverse expertise in AI, e-commerce, marketing, and project management. We have established protocols for efficient resource allocation, collaboration, and continuous improvement. We are committed to ensuring the success and sustainability of each project if granted the opportunity.

  • 0
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    TrucTrixie
    May 10, 2024 | 10:06 AM

    Overall

    3

    • Feasibility 3
    • Viability 3
    • Desirabilty 3
    • Usefulness 4
    Balance the budget to suit the tasks

    The budget is distributed relatively evenly across milestones. The amount requested is not large, but it is necessary to implement the proposal and the reward carries a lot of spiritual value for the author if the proposal is funded. The current amount requested is $5000, milestone number 4 is the last milestone with the required amount being $1000 but the amount of work is the heaviest. So should the team rebalance the budget allocation to better suit the tasks that need to be done?

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    Kings Ghedosa
    May 10, 2024 | 10:38 AM
    Project Owner

    Hello there,

    Thanks for the review and your concern are well received. To address your concern, all our milestones were carefully analyzed while workload demand and implementation all put in consideration. So yes we will be able to deliver our our tasks as captured in our milestones. Thanks.

  • 0
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    BekesADs
    May 7, 2024 | 11:23 AM

    Overall

    5

    • Feasibility 5
    • Viability 5
    • Desirabilty 5
    • Usefulness 5
    Execution & Implementation for PadiDeals with SNET

    PadiDeals aims to empower African e-commerce with SNET, offering a secure, transparent, and cost-effective platform is quite commendable. With advanced AI capabilities, it enhances user experience and operational efficiency, fostering economic growth and inclusivity in Africa's digital marketplace. But here's  my few advice to the team-

    Execution and Implementation Advice:

    1. Clear Roadmap: Develop a detailed roadmap outlining project milestones, timelines, and deliverables. Use it as a guide to ensure timely completion of tasks.

    2. Collaborative Development: Foster collaboration and communication among team members. Conduct regular meetings and feedback sessions to address challenges and stay aligned.

    3. User-Centric Approach: Prioritize user research and feedback. Iterate on the platform based on insights to meet user needs effectively.

    4. Robust Security Measures: Implement strong security measures to protect user data and transactions. Conduct regular security audits to identify and mitigate vulnerabilities.

    5. Scalability and Performance: Design the platform for scalability and performance. Optimize code and infrastructure, and conduct performance testing to ensure smooth operation.

    6. Marketing and Promotion: Develop a comprehensive marketing strategy to raise awareness and drive adoption. Utilize digital channels and partnerships for effective reach.

    7. Continuous Improvement: Adopt an agile approach for continuous improvement. Regularly update the platform with new features and optimizations based on feedback and market trends.

    By focusing on these areas and adopting a collaborative, user-centric, and agile approach, the team can successfully execute and implement PadiDeals with SNET, realizing its full potential in empowering African e-commerce. Goodluck!

  • 0
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    GhostlyGaze
    May 6, 2024 | 7:56 AM

    Overall

    5

    • Feasibility 5
    • Viability 5
    • Desirabilty 5
    • Usefulness 5
    African E-Commerce with SingularityNET Technology

    PadiDeals earns a stellar five-star review for me for its game-changing approach to African e-commerce. Using SingularityNET technology, it creates a secure, transparent, and affordable platform that overcomes traditional e-commerce hurdles. By fostering economic growth, empowering businesses, and enhancing user experiences, PadiDeals sets a new standard in the online marketplace for Africa.

  • 0
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    Okolo Lilian
    May 5, 2024 | 6:50 AM

    Overall

    5

    • Feasibility 5
    • Viability 4
    • Desirabilty 5
    • Usefulness 5
    PadiDeals, SNET transform Africa\'s online market.

    1. Strategic Use of Technology: Leveraging SingularityNET's technology demonstrates a strategic approach to innovation. By integrating advanced AI capabilities, PadiDeals can enhance security, transparency, and efficiency within its platform, setting a new standard for online marketplaces in Africa.
     
    2. Focus on Security and Transparency: Emphasizing a secure and transparent platform is crucial in building trust among users. PadiDeals' commitment to these principles not only safeguards user data and transactions but also establishes a foundation for long-term relationships with buyers and sellers.
     
    3. Cost-Effective Solutions: The promise of cost-effective solutions is a significant advantage for PadiDeals. By reducing transaction fees and overhead costs, the platform becomes more accessible to businesses of all sizes, stimulating economic activity and encouraging entrepreneurship in the region.
     
    4. Bridging Access Gaps: Addressing the limited access to online marketplaces in Africa is a bold yet necessary step. PadiDeals' efforts to bridge this gap open doors for businesses, particularly SMEs, to participate in e-commerce and reach a wider customer base, contributing to market inclusivity and growth.
     
    5. Empowering Businesses and Economic Growth: PadiDeals' vision to empower businesses aligns with broader goals of economic growth and job creation. By providing tools and opportunities for businesses to thrive, PadiDeals becomes a catalyst for positive change and prosperity within the African market.
     
    6. Enhanced User Experience: SingularityNET's technology can greatly enhance the user experience on PadiDeals' platform. Features such as personalized recommendations and streamlined transactions not only improve convenience but also foster customer loyalty and satisfaction.
     
    Finally, i believe PadiDeals' integration of SingularityNET's technology is a strategic move that addresses critical challenges while unlocking new opportunities in the African online marketplace. With a strong focus on security, transparency, cost-effectiveness, and user experience, PadiDeals is poised to make a meaningful impact on e-commerce and economic development across the continent.

  • 0
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    BlackCoffee
    May 5, 2024 | 6:23 AM

    Overall

    3

    • Feasibility 3
    • Viability 3
    • Desirabilty 3
    • Usefulness 3
    Solution for competitive market?

    I understand the benefits that the proposal brings. Given the fact that the world's e-commerce market is highly competitive with each other, Africa is no exception. So what solution does the team have to affirm the strength of their product? Does the team choose a confrontational approach or cooperate with other companies to take advantage of each other's existing advantages for mutual development?

  • 0
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    Viclex Ad
    May 4, 2024 | 2:59 PM

    Overall

    3

    • Feasibility 4
    • Viability 4
    • Desirabilty 4
    • Usefulness 4
    "Africa PadiDeals: Empowering E-Commerce"

    The PadiDeals proposal shows great potential to make a positive impact on the African e-commerce landscape, but it will require careful execution and ongoing adaptation to succeed in a competitive market.

    Feasibility:

    The proposal outlines a clear plan for developing an e-commerce platform using Snet technology. With experienced team members and a well-defined technology stack, the feasibility of the project seems high. However, potential challenges could arise in integrating complex features or scaling the platform in a rapidly evolving market.

    Desirability:

    The concept of PadiDeals addressing the challenges faced by African e-commerce is highly desirable. The platform\\\'s focus on accessibility, affordability, and tailored features aligns well with market needs. However, ensuring user adoption and overcoming competition may require strategic marketing efforts.

    Usefulness:

    PadiDeals addresses a critical need in the African market by providing a secure, cost-effective, and inclusive e-commerce platform. The usefulness of such a platform is evident in empowering small businesses, enhancing user experiences, and driving economic growth. Continued updates and improvements will be essential to maintaining relevance and utility.

    Viability:

    The business model outlined in the proposal, based on transaction and subscription fees, appears viable. Leveraging strategic partnerships and scalable infrastructure will be key to sustaining long-term profitability. Monitoring market trends and adapting to regulatory changes will also contribute to the platform viability.

  • 0
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    Max1524
    May 1, 2024 | 2:04 PM

    Overall

    3

    • Feasibility 3
    • Viability 3
    • Desirabilty 3
    • Usefulness 3
    Clarify more about the team implementing proposal

    The idea of the proposal is quite good and close to real life. E-commerce combined with SNET will make everyone's shopping more optimal. But it also requires high technical requirements and technological knowledge, especially including e-commerce and AI. That's why I know more about the team, not only one member is King Ghedosa.

  • 0
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    Joseph Gastoni
    Apr 30, 2024 | 3:10 PM

    Overall

    4

    • Feasibility 4
    • Viability 3
    • Desirabilty 4
    • Usefulness 4
    It has a good foundation but faces challenges

    The PadiDeals project has a good foundation but faces challenges in securing funding, navigating regulations, and competing in the market.

    Feasibility:

    • Technical Expertise: Developing an e-commerce platform requires expertise in web development, payment processing, and security.
    • Snet Integration: Integrating Snet's capabilities into the platform needs careful planning and technical skills.

    Viability:

    • Competition: The African e-commerce market is becoming increasingly competitive.
    • Regulation: Navigating e-commerce regulations in different African countries can be challenging.
    • Funding: Securing funding for development, marketing, and operations is crucial.

    Desirability:

    • Value Proposition: PadiDeals offers a clear value proposition for both buyers and sellers in Africa.
    • Focus on Accessibility: The focus on affordability and local features is desirable.

    Usefulness:

    • Economic Impact: PadiDeals can empower businesses and boost economic growth in Africa.
    • Improved User Experience: The platform can provide a more secure and convenient shopping experience for consumers.

    Besides, the project should consider:

    • Start Small: Begin by launching in a limited number of African countries to test the concept and gain traction.
    • Partnerships: Partner with established e-commerce players, logistics companies, and payment providers to leverage their expertise and infrastructure.
    • Mobile-First Approach: Prioritize a mobile-first approach considering mobile device prevalence in Africa.
    • Phased Development: Develop the platform in phases, starting with core functionalities and adding features iteratively based on user feedback.
    • Scalability: Design the platform to be scalable to accommodate future growth.

    By addressing these points and focusing on a strategic rollout, PadiDeals can become a successful e-commerce platform that contributes to economic development in Africa.

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    Kings Ghedosa
    May 1, 2024 | 4:50 PM
    Project Owner

    Many thanks for taking time to review our project Joseph, its well appreciated and noted. Thanks 

  • 0
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    Aokishi
    Apr 30, 2024 | 7:39 AM

    Overall

    1

    • Feasibility 1
    • Viability 1
    • Desirabilty 1
    • Usefulness 1
    A project without a professional team

    The core problem that PadiDeals aims to solve is the lack of accessible, secure, and affordable e-commerce platforms that suit the needs of African businesses and consumers. I don't see any specific role for SNET described in the project. What is SNET's blockchain capabilities leverage? Since when did SNET become a blockchain? In addition, the issue of affordable price depends on the selling price that the seller decides. PadiDeals is not the party that determines the selling price. With the orientation of being an e-commerce platform, PariDeals only collects commission fees from sellers. The team doesn't even understand the fee model of an e-commerce platform. This makes me extremely doubt their capacity and expertise. The most notable thing is that they still misunderstand SNET as a blockchain. I wonder if the team intended to adopt blockchain in the first place when they had this strange confusion.

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    Kings Ghedosa
    Apr 30, 2024 | 11:20 AM
    Project Owner

    Hi Aokishi,

    Many thanks for your review and feedback. Sincere apologies for the SNET's blockchain confusion, it has been updated. We will be leveraging on SingularityNET decentralized AI marketplace for tools that will be suitable for scaling and optimization of our processes as captured in our milestone deliverables. 

    On pricing yes indeed we don't have control over that but from experience we will do well to encourage sellers to have competitive prices on their products.

    And lastly this the industry my team and I have spent 10+ years so we have the requisite knowledge and expertise the African e-commerce marketplace needs. On how we make money, we charge a subscription fee from sellers to post their products and services as well as other premium packages on our platform and then charges a transaction fee on transactions handled by us as we do not handle all transactions on our platform.

Summary

Overall Community

3.5

from 13 reviews
  • 5
    3
  • 4
    3
  • 3
    5
  • 2
    1
  • 1
    1

Feasibility

3.5

from 13 reviews

Viability

3.4

from 13 reviews

Desirabilty

3.7

from 13 reviews

Usefulness

3.8

from 13 reviews