Fuels24 - AI-Powered Energy Trading Infrastructure with Blockchain Settlement

[Gleb-fuels24]

Project Name: Fuels24 - AI-Powered Energy Trading Infrastructure with Blockchain Settlement Proposal Category: Integrations Individual or Entity Name: Fuels24 LLC (Entity) Proposer: https://github.com/Gleb-fuels24/fuel-prophet Project Repo(s): https://github.com/Gleb-fuels24/fuel-prophet (Optional) Filecoin ecosystem affiliations: None (Optional) Technical Sponsor: N/A Do you agree to open source all work you do on behalf of this RFP under the MIT/Apache-2 dual-license? Yes

Project Summary Here's the reality: energy trading is a $17 trillion market that's stuck in the past. We're talking about billion-dollar deals still happening over phone calls and fax machines, with settlement times that can take days instead of minutes. Our platform, Fuels24, is fixing this massive inefficiency by bringing AI and blockchain to energy trading. We've already built a working platform that serves over 3,500 users across three continents. Our AI predicts energy prices, and our blockchain infrastructure settles trades 89% faster than traditional methods. But here's where we need Filecoin's help: energy trading creates mountains of paperwork that companies need to keep for decades. We're talking about contracts, delivery receipts, compliance reports, and audit trails that regulators demand to see at any moment. Right now, this critical data sits in centralized databases that can fail, get hacked, or simply disappear. For an industry where a single missing document can cost millions in regulatory fines, this is a huge problem. That's why we want to integrate IPFS and Filecoin into our platform - to create bulletproof, distributed storage that energy companies can actually trust with their most important documents.

Impact Let me paint you a picture of what's broken in energy trading today. Every single trade generates a pile of documents - and I mean a lot of documents. Trading contracts, environmental compliance reports, delivery confirmations, carbon credit certificates, audit trails. Energy companies are legally required to keep this stuff for 7-30 years depending on the jurisdiction. Currently, most of this sits in some company's data center, hoping nothing goes wrong. But things do go wrong. Servers crash, companies get acquired, data gets corrupted. When regulators come knocking and you can't produce the right paperwork, you're looking at massive fines and potential criminal liability. Here's what we're really solving: imagine being able to prove to any regulator, anywhere in the world, that your energy trades were legitimate and environmentally compliant, with documents that can't be tampered with or lost. That's what decentralized storage gives us. It's not just about storing files - it's about creating trust in a trillion-dollar industry that desperately needs it. The energy sector is also going through a massive transformation. Companies need to prove their ESG credentials, track their carbon footprint, and demonstrate sustainable practices. Traditional storage systems can't provide the transparency and immutability that modern ESG reporting requires. With IPFS and Filecoin, we can create a tamper-proof record of every energy transaction and its environmental impact. If we get this right, we're not just improving one platform - we're showing an entire industry how blockchain technology can solve real problems. If we don't, energy trading will continue to be plagued by inefficiencies, regulatory risks, and a lack of transparency that's holding back the transition to clean energy.

Outcomes By the end of this project, we'll have transformed our energy trading platform into something truly special. Here's what we're building: What users will see:

A simple dashboard where they can upload trading documents and know they're stored safely forever Instant verification that any document is authentic and hasn't been tampered with One-click compliance reporting that pulls together all the data regulators need Historical price data and market analysis that's always available, even if our servers go down Carbon tracking that creates an immutable record of environmental impact

What's happening under the hood:

Every trading contract automatically gets stored on IPFS with content addressing for verification Long-term regulatory documents get archived on Filecoin for decades-long preservation Smart contracts handle the storage deals automatically, so users don't need to think about it Multiple copies of critical data across different regions ensure it's always accessible APIs that let other energy companies integrate with our storage system

The numbers we're aiming for:

1,000 energy companies using our IPFS-integrated platform within a year 10 terabytes of trading documents flowing through the system Document retrieval that's 50% faster than traditional systems 100% success rate when regulators ask for historical records 25% cost savings on data storage for our customers

We're not just building another file storage system. We're creating the backbone for how energy trading will work in the future - transparent, verifiable, and built to last. Adoption, Reach, and Growth Strategies We're not starting from zero here. We already have 3,500 active users who trust us with their energy trades. These are real companies doing real business - independent traders, regional distributors, and corporate buyers spending millions on energy every month. Our customers love us because we save them money and time. We've proven we can acquire customers for just $0.29 each (that's incredibly low for B2B), and they stick around because we deliver real value. Each customer generates an average of $8,500 in annual revenue, so the economics work beautifully. Here's how we'll roll out the IPFS integration: Starting small (first 10 users): We'll begin with our biggest enterprise clients who are already asking for better document management. These are companies that understand the value of bulletproof storage because they've been burned by data loss before. We'll give them pilot pricing and white-glove support to make sure everything works perfectly. Scaling up (first 100 users): We have 15 qualified prospects already in our sales pipeline who are evaluating our platform. The IPFS integration will be a major selling point for these deals. Plus, happy pilot customers will refer others - that's how most of our growth happens anyway. Going big (1,000+ users): We're also planning a marketing push in Texas, California, New York, and Mississippi - the biggest energy trading hubs in the US. The beauty of our approach is that we're not asking people to change how they work. We're just making what they already do better and safer. That's why adoption has been so strong, and why we're confident the IPFS integration will accelerate our growth even more. Development Roadmap We've broken this down into four chunks that build on each other. Each milestone delivers real value, so if something goes wrong, we're not left with half-finished features. Milestone 1: Getting IPFS Working (Months 1-3) This is where we connect our platform to IPFS and make sure documents upload and download reliably. Think of it as laying the foundation - not glamorous, but absolutely critical. What we're building:

Rock-solid IPFS integration that can handle thousands of documents per day APIs that let users upload contracts, receipts, and reports seamlessly A verification system so anyone can prove a document is authentic A clean interface where users can manage their stored documents

Who's working on it: Two blockchain developers who know IPFS inside and out, a full-stack developer for the user interface, and a DevOps engineer to keep everything running smoothly. When it's done: September 30, 2025 What it costs: $150,000 Milestone 2: Adding Filecoin for Long-term Storage (Months 4-6) Now we add the long-term archival piece. This is where documents that need to be kept for decades get stored on Filecoin with proper redundancy and retrieval guarantees. What we're building:

Automated system that moves old documents to Filecoin storage Smart logic that optimizes storage costs while maintaining accessibility Backup systems that ensure we never lose anything important Fast retrieval for when regulators or auditors need historical data

Who's working on it: Two blockchain developers, a data engineer who understands large-scale storage, and a systems architect to design the overall flow. When it's done: December 31, 2025 What it costs: $175,000 Milestone 3: Making Compliance Automatic (Months 7-9) This is where we really shine. Instead of users having to think about compliance, our system automatically handles it. Upload a trading contract, and all the regulatory requirements get handled behind the scenes. What we're building:

Automatic compliance document generation and storage Dashboard that shows regulators exactly what they need to see Audit trail that tracks every action and stores it immutably Integration with compliance services like Chainalysis for AML/KYC

Who's working on it: A compliance specialist who knows energy regulations, two developers to build the features, and a legal advisor to make sure we get the details right. When it's done: March 31, 2026 What it costs: $125,000 Milestone 4: Launch and Scale (Months 10-12) Time to take this live and start migrating our existing users to the new system. This is where all the pieces come together and we start onboarding new customers at scale. What we're building:

Production deployment across multiple geographic regions Migration tools that move existing users to IPFS storage seamlessly Onboarding flows that get new customers up and running quickly Monitoring and support systems to keep everything running smoothly

Who's working on it: Two developers for the technical deployment, a DevOps engineer for infrastructure, and two customer success managers to help users transition. When it's done: June 30, 2026 What it costs: $100,000 Total Budget Requested | Milestone # | Description | Deliverables | Completion Date | Funding | |===|===|===|===|===| | 1 | Getting IPFS Working | IPFS integration, document APIs, verification system | September 30, 2025 | $150,000 | | 2 | Adding Filecoin Storage | Long-term archival, automated storage deals, retrieval optimization | December 31, 2025 | $175,000 | | 3 | Automatic Compliance | Regulatory automation, audit trails, compliance dashboard | March 31, 2026 | $125,000 | | 4 | Launch and Scale | Production deployment, user migration, customer onboarding | June 30, 2026 | $100,000 | | Total | | | | $550,000 | Maintenance and Upgrade Plans We're not building this and walking away. Our business depends on this infrastructure working perfectly, so we're committed to maintaining and improving it for the long haul. Keeping things running: We'll monitor our IPFS nodes and Filecoin storage deals 24/7. Energy trading doesn't sleep, so neither do our systems. We'll also stay on top of security updates and performance optimizations to make sure we're always running the latest and greatest. Giving back to the community: Any improvements we make to IPFS or Filecoin integration will be contributed back to the open source projects. We'll also share our learnings with other developers who want to integrate decentralized storage into enterprise applications. Funding sustainability: Here's the good news - we don't need grants forever. Our platform already generates strong revenue ($8,500 per customer annually with 85% gross margins), and we have a growing customer base that loves what we do. The IPFS integration will actually make our platform more valuable, which means we can charge more and reinvest in continued development. Team Team Members

Gleb Zamyatin, MSc - CEO & Founder - - 26 years in energy, knows the industry inside and out Denis Zamyatin - CTO & Co-founder - - 15 years building enterprise software that actually works Boris Litvak, PhD - Technical Advisor - - 30 years in oil & gas, former VP at Texaco Gala Yavich, MSc - Legal Counsel - - 25 years keeping companies compliant with complex regulations

Relevant Experience Look, we're not just another crypto project that discovered energy trading last week. Between the four of us, we have 75+ years of experience in this industry. We know where the bodies are buried, what regulators actually care about, and how to build software that energy companies will actually use. Gleb has been running energy businesses for over two decades. He's seen every kind of crisis, regulatory change, and market crash you can imagine. Denis has spent 15 years building the kind of enterprise software that has to work 24/7 because millions of dollars depend on it. Boris literally helped build the modern oil trading industry during his 22 years at Texaco. And Gala has kept energy companies out of legal trouble for 25 years, including time at Big 4 consulting firms. We'll also have advisors from Google, OpenAI, and Anthropic who will help us with the AI side, plus energy trading compliance experts who make sure we don't accidentally break any laws. This isn't just a technical project for us - it's the culmination of decades of experience in energy markets. Most importantly, we've been working together for years before starting this company. We know each other's strengths and weaknesses, and we've already proven we can build and ship products that customers love.

Additional Information How did you learn about the Open Grants Program? We were researching decentralized storage solutions for our platform and kept coming across Filecoin. The more we learned about the technology and community, the more we realized this was exactly what we needed. The grant program seemed like a perfect way to accelerate our integration while contributing to the broader ecosystem. Contact Information: Email: [email protected] Telegram: @petrom24 Website: www.fuels24.com Additional Context: We've bootstrapped this company with our own money and grown it organically to 3,500+ users without spending a dime on traditional marketing. That's only possible when you're solving a real problem that people desperately need solved. We're not looking for grants because we can't raise money elsewhere - we're planning a Series A round later this year and have strong interest from VCs. We're applying for this grant because we believe in the Filecoin ecosystem and want to help prove that decentralized storage can work for enterprise applications. The timing is perfect. Energy companies are finally ready to embrace blockchain technology, regulators are demanding better record-keeping, and the push for ESG compliance is creating new requirements for transparent, immutable data storage. We're positioned to be the bridge that brings traditional energy markets into the decentralized future. separate, complex transactions.