Incentivizing New App Developers through Sign-On Cost Coverage

TANIP: Proposal for Incentivizing New App Developers through Sign-On Cost Coverage Submitted by: Steven Bostic, TAN Council Member Date: 03/11/2025

Abstract This proposal introduces an incentive program to attract both new app developers and existing GSMA members into the Telcoin ecosystem by providing a one-time TEL issuance valued at the cost of basic GSMA estimated at $15,000 per developer. With funding from the SAFE, we aim to lower entry barriers, foster innovation within the Telcoin ecosystem, and support our broader mission of building a vast and diverse developer network.

1. Objective The primary objective is for the TAN Council to incentivize new and current GSMA member app developers by covering their GSMA joining fees. This initiative will reduce financial hurdles, encourage high-quality participation, expand strategic partnerships within the GSMA network, and accelerate the development of applications that integrate Telcoin's services and contribute to the overall ecosystem.

2. Rationale

• Driving Talent Acquisition: The high GSMA membership fee can deter promising developers. By covering these costs, the TAN Council will attract a wider range of innovative talent to the Telcoin ecosystem.
• Enhancing Credibility and Networking: GSMA membership offers developers valuable industry expansion and access, including participation in events and networking opportunities that are critical for integrating Telcoins technology into global mobile systems.
• Accelerating Ecosystem Growth: Reducing upfront costs will stimulate rapid app development, expand Telcoins reach, and boost user engagement.

3. Proposed Incentive Details

• Coverage Scope: • GSMA Membership Fees: The TAN Council will provide a one-time TEL issuance currently estimated at $15,000 per developer. • Additional Sign-On Costs: Additional qualifying expenses may be considered on a case by-case basis.

• Eligibility Criteria: • Open to current GSMA and new app developers joining the Telcoin ecosystem with a clearly defined project or concept. • Applicants must submit a proposal via the TAN Forum, detailing how their app will integrate Telcoin’s services and contribute to our community’s goals. • Applicants will be authorized via the CCIP process.

• Program Duration: • The initiative will be piloted over a 12-month period, with the TAN Council evaluating its impact and potential for extension.

4. Vetting Process

• TAN Council Review Team evaluates applications based on alignment with Telcoin's goals, technical feasibility, and industry relevance.
• Approved applicants receive initial funding for GSMA membership reimbursement.

5. Reporting and Adjustments Adjust program parameters as necessary based on outcomes and community feedback.

6. Financial Resources and Budget

Objective: To secure allocated SAFE funds for selected Telcoin application developers GSMA basic membership fees.

Cost Breakdown:

• GSMA Membership Fees:

• Estimated Cost: $15,000 per developer. • Justification: Offsetting this fee is crucial to lowering entry barriers and providing developers with industry access and credibility.

• Additional Sign-On Costs (Optional): • Estimated Cost: $500 - $1,000 per developer (one-time reimbursement) for other qualifying expenses. • Justification: Covers supplementary costs that further support developers in integrating Telcoin’s technology.

Total Estimated Budget (assuming an initial target of 3 new app developers):

• GSMA Membership Fee: $15,000 per developer → Total: $45,000
• Additional Sign-On Costs: $500 - $1,000 per developer → Total: $1,500 - $3,000
• Total Estimated Budget: $45,000 - $48,000

Budget Justification:

The TAN Council views this budget as a strategic investment in Telcoin's future. By covering these high upfront costs, we can attract innovative developers, enhance our ecosystem, and drive long-term growth of the Telcoin platform.

Next Steps:

1. Secure formal approval from council members.
2. Launch the initiative and begin onboarding developers.