[IMPACT] Please describe your proposed solution.

This project aims to contribute to the legal regulation of cryptocurrencies worldwide by enabling our own Catalyst community to elect its own legislators. For instance, if in any country a legislator is elected with 100,000 votes and our community surpasses that number, we would have the opportunity to elect 1 or more legislators

[IMPACT] How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?

This is a product for legal regulation of cryptocurrencies worldwide, for which a website needs to be built that integrates with IDEASCALE, allowing our community to participate and potentially elect our own legislators

[IMPACT] How do you intend to measure the success of your project?

The success of this project will be measured by: 1) the construction of a website, 2) the integration of the website with the IDEASCALE platform, 3) the nomination of our community members to campaign for becoming legislators, 4) the website traffic from our community and cryptocurrency users in general, 5) the election of our own legislators.

[IMPACT] Please describe your plans to share the outputs and results of your project?

This project will be completed in 3 months, and the final outcome will be a website where our community can nominate themselves and campaign to become legislators. It will also provide an opportunity for our community to get to know the candidates better and show their support

[CAPABILITY/ FEASIBILITY] What is your capability to deliver your project with high levels of trust and accountability?

I am a lawyer with a master’s degree and several years of professional experience, specializing in cryptocurrency regulation with expertise in the subject matter. Mi perfil of Linkedin is: https://www.linkedin.com/in/jhonatan-gutierrez-448507185

[CAPABILITY/ FEASIBILITY] What are the main goals for the project and how will you validate if your approach is feasible?

The main objectives of this project are: 1) harnessing the full potential of our community to elect our own legislators, 2) aiding in the legal regulation of cryptocurrencies worldwide, 3) innovating with a product for the entire crypto ecosystem

[CAPABILITY/ FEASIBILITY] Please provide a detailed breakdown of your project’s milestones and each of the main tasks or activities to reach the milestone plus the expected timeline for the delivery.

The delivery schedule for this product is 3 months, and it will have 3 milestones, one each month. The first milestone will be a legal document on favorable legal regulation of cryptocurrencies, the second milestone will be a legislative analysis document from Political Science perspective, and the third milestone will be the delivery of the website where the project will operate

[CAPABILITY/ FEASIBILITY] Please describe the deliverables, outputs and intended outcomes of each milestone.

For milestone 1, a document will be delivered providing insights into appropriate legal regulation. For milestone 2, a document will be delivered presenting perspectives from Political Science for legislators. Finally, for milestone 3, the project’s functioning website will be delivered

[RESOURCES & VALUE FOR MONEY] Please provide a detailed budget breakdown of the proposed work and resources.

For this project, the work of the main proponent and a web development company will be required. A full-time programmer is needed, working 8 hours per day for 20 days in a month, at a rate of $50 per hour. This amounts to $8,000 (or approximately 24,000 ADA). The proponent, who is a lawyer and a Master’s degree in Political Science, will work for 2 months to deliver milestones 1 and 2, with a fee of $10,000 (or approximately 30,000 ADA). Additionally, approximately $5,333 (or 16,000 ADA) will be allocated for promotion and advertising

[RESOURCES & VALUE FOR MONEY] Who is in the project team and what are their roles?

The team consists of the main proponent, who is a lawyer and holds a Master’s degree in Political Science. They will deliver milestones 1 and 2. For milestone 3, which involves the website development, we will hire a company or an independent programmer who is also a member of our community. For example, my siblings who are part of Catalyst and are programmers could be considered for the role

[RESOURCES & VALUE FOR MONEY] How does the cost of the project represent value for money for the Cardano ecosystem?

This is a low-cost project with a high positive impact on the regulation of cryptocurrencies worldwide in the future