not approved

Decentralized Blockchain Alliance: Fostering Native Assets Innovation on Cardano

₳375,000.00 Requested
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Community Review Results (1 reviewers)
Impact / Alignment
Feasibility
Value for money
Solution

The Mary Initiative will work to establish a professional ecosystem dedicated to fostering innovation, collaboration, governance, standards, and education for the Cardano Community.

Problem:

Limited collaboration and education on the Cardano Blockchain and a large need for a community led entity (MBO) to support and guide people/projects seamlessly through the Cardano space.

Yes Votes:
₳ 6,473,780
No Votes:
₳ 150,545,830
Votes Cast:
180

[IMPACT] Please describe your proposed solution.

The Decentralized Blockchain Alliance (DBA) aims to address the challenge of limited collaboration and education in the Cardano Blockchain ecosystem. The DBA will establish a professional initiative dedicated to fostering innovation, collaboration, and education on Cardano, specifically focusing on Native Assets. Through the DBA, we will bring together creators, developers, and enthusiasts to promote collaboration, drive innovation, and provide educational resources that foster growth and development in the Native Assets ecosystem on Cardano.

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

The proposed solution of establishing the Decentralized Blockchain Alliance (DBA) directly addresses the challenge of limited collaboration and education in the Cardano ecosystem. By creating a professional initiative dedicated to fostering innovation, collaboration, and education on Cardano, specifically focusing on Native Assets, the DBA aims to bring significant benefits to the Cardano ecosystem:

Enhanced Collaboration: The DBA will facilitate collaboration among creators, developers, and enthusiasts in the Native Assets space on Cardano. By providing a platform for networking, knowledge sharing, and project collaboration, the DBA will foster a collaborative environment that accelerates the development and adoption of Native Assets.

Increased Innovation: Through its initiatives, the DBA will drive innovation in the Cardano ecosystem. By bringing together diverse perspectives, fostering idea exchange, and providing resources and support, the DBA will stimulate the creation of innovative Native Asset projects and use cases on Cardano.

Education and Knowledge Sharing: The DBA will play a crucial role in providing educational resources and promoting knowledge sharing in the Native Assets space on Cardano. By organizing workshops, webinars, and educational programs, the DBA will empower community members with the necessary skills and understanding to participate and contribute to the ecosystem.

Growth of the Native Assets Ecosystem: The DBA's activities will contribute to the growth and development of the Native Assets ecosystem on Cardano. By fostering collaboration, driving innovation, and providing educational resources, the DBA will attract more participants, increase the diversity of projects, and create opportunities for economic growth within the ecosystem.

Strengthened Community Engagement: The DBA will actively engage with the Cardano community, involving community members in decision-making processes and seeking their input and feedback. This inclusive approach will strengthen community engagement, foster a sense of ownership and participation, and create a supportive and vibrant ecosystem.

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

The DBA's primary objective is to bring together creators, developers, and enthusiasts in the NFT space on the Cardano blockchain. By fostering a collaborative and educational environment, the DBA aims to promote innovation and drive the growth and development of the NFT ecosystem on Cardano. Through various initiatives, the DBA will create opportunities for knowledge sharing, skill development, and project collaboration among community members. By connecting individuals with diverse expertise and facilitating the exchange of ideas, the DBA will inspire new NFT projects, encourage creative experimentation, and foster a vibrant and thriving NFT community on Cardano. Ultimately, the DBA's efforts will contribute to the overall advancement and sustainability of the NFT ecosystem, positioning Cardano as a prominent platform for NFT innovation and adoption.

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

Regular Reports: The DBA will prepare regular reports that summarize the progress, achievements, and key learnings of the project. These reports will be shared with the Cardano community, stakeholders, and relevant organizations to provide a comprehensive overview of the project's outcomes and impact.

Online Portal: The DBA will establish an online portal or website dedicated to the project. This platform will serve as a central hub for sharing information, updates, educational resources, and project-related documentation. The online portal will be accessible to the Cardano community, allowing them to stay informed about the project's outputs, milestones, and upcoming activities.

Community Engagement: The DBA will actively engage with the Cardano community through various channels, including social media platforms, forums, and community-driven events. By actively participating in discussions, addressing questions, and gathering feedback, the DBA will ensure that the outputs and results of the project are effectively communicated and shared with the community.

Workshops and Webinars: The DBA plans to organize workshops and webinars to share specific outputs and insights gained from the project. These interactive sessions will provide an opportunity for participants to learn about the project's outcomes, ask questions, and engage in meaningful discussions. The workshops and webinars will be open to the Cardano community and other interested stakeholders.

Collaboration with Partners: The DBA will collaborate with relevant partners, organizations, and initiatives within the Cardano ecosystem to share outputs and explore potential synergies. By leveraging partnerships, the DBA can extend the reach of its outputs, disseminate information to a wider audience, and create additional opportunities for collaboration and knowledge sharing.

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

The Decentralized Blockchain Alliance (DBA) has a strong capability to deliver the project with high levels of trust and accountability. Our experienced team of professionals in the blockchain industry, project management, and community engagement ensures a deep understanding of the project's requirements and effective execution. We prioritize transparency, ethical practices, and stakeholder engagement to maintain trust throughout the project. With a robust governance structure, transparent reporting, compliance measures, and a commitment to continuous improvement, the DBA is dedicated to delivering the project with integrity and accountability.

Our focus on trust and accountability is reflected in our open communication channels, regular updates to stakeholders, and proactive risk management practices. By adhering to ethical standards, engaging stakeholders, and ensuring compliance with regulations, we instill confidence in our project delivery. Through our experienced team, transparent reporting, and commitment to continuous improvement, we strive to build a trusted relationship with our stakeholders and successfully deliver the project while upholding the highest levels of trust and accountability.

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

Foster innovation, collaboration, and education in the Native Assets space on Cardano.

Bring together creators, developers, and enthusiasts to promote growth and development in the Native Assets ecosystem.

Create a vibrant and thriving community around Native Assets on Cardano.

Validation Approaches:

Conduct market research and gather feedback from stakeholders to assess the demand and interest in the project.

Analyze market trends and industry dynamics to ensure alignment with the needs of the Cardano community.

Assess the technical feasibility of our initiatives by working closely with the Cardano development team and leveraging their expertise.

Evaluate the existing infrastructure, SDK tools, and resources available for Native Assets development on Cardano.

Establish partnerships and collaborations with relevant entities within the Cardano ecosystem to validate our approach and leverage shared resources.

Monitor progress, gather regular feedback from stakeholders, and track key performance indicators to assess the feasibility and effectiveness of our approach.

Make adjustments and refinements as necessary to ensure that our goals are achievable and aligned with the evolving needs of the Cardano 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.

Phase 1: Research and Analysis (Months 1-2)

Research Cardano ecosystem and Native Assets landscape.

Analyze existing collaborations and educational initiatives on Cardano.

Identify gaps and opportunities for fostering innovation and collaboration.

Define project objectives and scope.

Phase 2: Partnership and Resource Acquisition (Months 3-4)

Identify potential partners within the Cardano ecosystem.

Establish collaborations and strategic partnerships.

Acquire necessary resources, such as funding, expertise, and technology.

Develop a clear roadmap for project execution.

Phase 3: Community Building and Engagement (Months 5-6)

Establish an online presence through a dedicated website and social media channels.

Engage with the Cardano community to raise awareness about the project.

Organize virtual events, webinars, and workshops to educate and involve the community.

Gather feedback and insights from the community to shape project activities.

Phase 4: Educational Content Creation (Months 7-8)

Develop educational resources, tutorials, and guides on Native Assets development on Cardano.

Create content to promote best practices, standards, and innovative use cases.

Collaborate with experts and community members to ensure comprehensive and valuable content.

Publish and distribute educational materials through various channels.

Phase 5: Collaboration and Innovation Initiatives (Months 9-10)

Facilitate collaboration among creators, developers, and enthusiasts in the Native Assets space.

Organize hackathons, challenges, and innovation competitions to promote new ideas and projects.

Provide support and resources for collaborative projects and initiatives.

Foster an environment of shared learning and knowledge exchange.

Phase 6: Evaluation and Impact Assessment (Months 11-12)

Evaluate the impact and effectiveness of the project's initiatives and activities.

Collect and analyze data on engagement, participation, and outcomes.

Gather feedback from stakeholders and community members.

Assess the project's contribution to fostering innovation and collaboration on Cardano.

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

Milestone 1: Research and Analysis (Months 1-2)

Deliverables:

Comprehensive research report on the Cardano ecosystem and Native Assets landscape.

Analysis of existing collaborations and educational initiatives on Cardano.

Identification of gaps and opportunities for fostering innovation and collaboration.

Outputs:

Clear understanding of the Cardano ecosystem and Native Assets landscape.

Insights into the current state of collaborations and educational initiatives on Cardano.

Identified areas for improvement and potential strategies for fostering innovation and collaboration.

Intended Outcomes:

Informed decision-making for subsequent project phases.

Alignment of project objectives and scope with the identified opportunities.

Foundation for establishing effective partnerships and resource acquisition in the next phase.

Milestone 2: Partnership and Resource Acquisition (Months 3-4)

Deliverables:

Established collaborations and strategic partnerships within the Cardano ecosystem.

Acquired resources, such as funding, expertise, and technology.

Clear roadmap for project execution.

Outputs:

Documented partnership agreements and memorandums of understanding.

Secured funding and allocated resources for project activities.

Detailed project roadmap with defined milestones and timelines.

Intended Outcomes:

Enhanced project capabilities through partnerships and resource acquisition.

Increased support and expertise available for project execution.

Clear direction and plan for implementing project activities.

Milestone 3: Community Building and Engagement (Months 5-6)

Deliverables:

Dedicated project website and active social media channels.

Organized virtual events, webinars, and workshops.

Feedback and insights from the Cardano community.

Outputs:

Engaged and informed Cardano community about the project.

Increased project visibility and awareness.

Community feedback and suggestions to shape project activities.

Intended Outcomes:

Expanded network and active participation from the Cardano community.

Increased awareness and understanding of Native Assets and their potential on Cardano.

Community involvement and contribution to project development.

Milestone 4: Educational Content Creation (Months 7-8)

Deliverables:

Educational resources, tutorials, and guides on Native Assets development on Cardano.

Published content promoting best practices, standards, and innovative use cases.

Collaboration with experts and community members for comprehensive content.

Outputs:

Valuable educational materials accessible to the Cardano community.

Published content showcasing the potential of Native Assets on Cardano.

Collaboration with experts and community members to ensure high-quality resources.

Intended Outcomes:

Increased knowledge and understanding of Native Assets development on Cardano.

Adoption of best practices and standards in the Native Assets ecosystem.

Inspire and empower creators and developers to leverage Native Assets on Cardano.

Milestone 5: Collaboration and Innovation Initiatives (Months 9-10)

Deliverables:

Organized hackathons, challenges, and innovation competitions.

Support and resources for collaborative projects and initiatives.

Environment of shared learning and knowledge exchange.

Outputs:

Participation and engagement in collaborative initiatives and projects.

Successful implementation of hackathons, challenges, and competitions.

Established network of creators, developers, and enthusiasts in the Native Assets space.

Intended Outcomes:

Increased collaboration and innovation within the Native Assets ecosystem on Cardano.

Development of new projects and ideas leveraging Native Assets.

Strengthened community and network for continued growth and development.

Milestone 6: Evaluation and Impact Assessment (Months 11-12)

Deliverables:

Evaluation report on the impact and effectiveness of project initiatives.

Data analysis on engagement, participation, and outcomes.

Stakeholder feedback and suggestions for improvement.

Outputs:

Assessment of project's contribution to fostering innovation and collaboration.

Insights into the effectiveness of project initiatives.

Recommendations for future iterations or enhancements.

Intended Outcomes:

Informed decision-making for future projects and initiatives.

Continuous improvement of project activities based on feedback and evaluation.

Demonstrated impact and value created in the Native Assets ecosystem on Cardano.

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

Founding Institutional Members - 165,000

Marketing - 60,000

Legal - 75,000

Development - 75,000

<u>Founding Institutional Members</u>

The involvement of dedicated founding members is crucial for the initial formation and success of the entity. Allocating a budget to support the founding members' efforts and facilitate their bi-weekly meetings ensures effective collaboration and coordination in shaping the organization's direction.

Founding Members Coordination: Allocating resources to facilitate the bi-weekly meetings of the founding members enables regular communication, collaboration, and decision-making. These meetings serve as a platform for discussing key strategic matters, establishing governance structures, setting objectives, and defining the overall vision of the entity. The budget covers logistics, meeting expenses, and any required support services to ensure efficient coordination among the founding members.

<u>Marketing</u>

To maximize the impact of marketing efforts and attract high-value participants who align with the company's mission, it is essential to allocate a budget specifically for targeted marketing strategies. This focused approach allows for precise targeting and tailored messaging to reach the desired audience effectively.

Initial Marketing Campaign: Launching an initial marketing campaign helps create awareness about the company and its mission. This may include activities such as branding, logo design, creation of marketing materials (e.g., brochures, business cards), and advertising. Allocating funds for these one-time expenses ensures a strong brand identity and effective initial outreach.

Content Marketing: Developing and sharing high-quality content positions the company as a thought leader in the industry. This includes creating blog posts, articles, case studies, and educational resources. Allocating a monthly budget for content creation and distribution ensures a steady stream of valuable content that educates, inspires, and engages the target audience.

High-Value Partnerships and Collaborations: Forging partnerships and collaborations with influential individuals or organizations within the industry can significantly enhance the company's visibility and credibility among high-value participants. This may include strategic alliances, joint marketing initiatives, or co-branded campaigns. Allocating funds for partnership development and collaboration opportunities helps establish valuable connections and expand the company's reach.

<u>Legal</u>

In order to establish a company, several key steps and associated costs need to be considered. These include entity registration, legal documentation, and obtaining necessary licenses and permits.

Entity Registration: The first step is to register the company as a legal entity. This typically involves filing the necessary paperwork with the appropriate government authorities and paying registration fees. The costs can vary depending on the jurisdiction and the type of entity chosen, such as a sole proprietorship, partnership, or corporation.

Legal Documentation: Drafting and finalizing essential legal documents is essential for the company's operations and protection. This includes drafting articles of incorporation, bylaws, shareholder agreements, and other relevant documents. Hiring legal professionals to assist with this process incurs legal fees.

Licenses and Permits: Depending on the nature of the business, specific licenses and permits may be required to operate legally. These can include general business licenses, industry-specific permits, health and safety certifications, or professional licenses. Budgeting for these costs ensures compliance with regulations and avoids potential legal issues.

<u>Development</u>

Website Development: Creating a professional and user-friendly website is crucial for establishing an online presence. Costs associated with website development include domain registration, web hosting, website design and layout, content creation, and ongoing maintenance. Budgeting for these expenses ensures a well-functioning website that effectively represents the company and engages its target audience.

Stakepool Operation: Operating a stakepool on the Cardano blockchain involves costs related to server infrastructure, maintenance, monitoring, and security. These expenses cover hardware and software requirements, server hosting or cloud services, and ongoing operational expenses. Budgeting for stakepool operation ensures a reliable and secure infrastructure for participating in the Cardano network.

Content Creation and Design: Developing compelling and informative content is essential for engaging the company's target audience. This may include written articles, blog posts, whitepapers, videos, and graphics. Additionally, investing in professional design services can enhance the visual appeal and branding of the company's materials. Budgeting for content creation and design ensures high-quality and visually appealing assets that effectively communicate the company's message.

Integration of Voting Tools: Integrating voting tools into the company's platform or website allows for community engagement and decision-making processes. Costs associated with voting tools may include licensing fees, customization, development, and ongoing support. Budgeting for these expenses enables the company to implement a robust and transparent voting system that facilitates community involvement.

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

John MacPherson - John MacPherson is an accomplished Relationship Manager with a substantial track record in the financial services sector. His expertise extends across Bitcoin, compliance, leadership, public speaking, and security. His professional journey has seen him contribute significantly to prestigious organizations like the Cardano Foundation and PIVX, where he has held executive positions.

Thiago Nunes - I have several years of experience in developing digital products and managing teams. I runned a marketing agency for more than seven years in Brazil, working with several clients and managing a team with more than 30 contributors, providing services for small businesses, to national and international corporations. I’m a Cardano Ambassador with more than five years of track record together with Cardano Foundation and one of the pioneers in several initiatives in Cardano, including being one of the ITN SPOs running under Ouros ticker and one of the organizers at Cardano Rio as also Director of Operations at Cardano Warriors.

You can read a short story about myself here: A short story about myself

https://www.linkedin.com/in/thiago-nunes-72b95327/

John Valdez - John is the CEO of Unscroll and has extensive experience managing and working with teams within Cardano including the Cardano Foundation, IOHK, Summon Association, ADAO, Scapegoat Media… and is currently focused on helping lead the Cardano community into the age of Voltaire!

Zachary Soesbee - Zachary Soesbee, also known as 'Cash', is an influential figure within the Cardano ecosystem. He has demonstrated his entrepreneurial skills by successfully launching Anvil Development Agency, and Benji’s Labs. Over time, he has earned a reputation as one of the most distinguished entrepreneurs within the Cardano community.

Nathan Mantia - Nathan, also known as “Devryn”, is extensively involved in the Cardano space, diligently working to provide education and promoting adoption through involvement with various projects and entities. Nathan also serves on The Ape Society DAO Council striving to advance community initiatives within the ecosystem.

Tom Maternowski - Tom Maternowski, also known as "Fractal," is the CEO and Artist at Fractal Oasis, a prominent entity in the Cardano Community. He is recognized for his talent in building connections and organizing community projects, and serves as the community manager for the Metahive NFT project. Tom's expertise spans across traditional finance, digital media design, and event management. In addition to his involvement in Cardano, he has a background in international private wealth management and domestic event coordination. Through Fractal Oasis, Tom is currently working on various innovative solutions, including a state-of-the-art ticketing and event management platform, a unique personal therapy program, and an impactful charity and educational initiative for Secondary/Middle/High Schools, all built on the foundations of Cardano.

Andrew Sung - Andrew (known as aSung) is the Official Speaker for the Cardano Crocs Club project, and specializes in the technical design of the project, including tokenomics and “utility” balancing. Outside of Cardano, NFTs, and cryptocurrency, aSung is an engineer in the construction industry, and an avid supporter of personal finance practices.

Alejandro Almanza - As the COO of Scapegoat Media, Alejandro brings a deep understanding of the industry and a relentless passion for innovation to Cardano, with a background in startups and teaching and extensive experience in governance and DAO infrastructure. His expertise, dedication, and successful collaborations are vital in developing and executing the vision. Owns a y00t

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

Fostering Innovation and Collaboration: The project aims to foster innovation and collaboration within the Cardano ecosystem, specifically in the Native Assets space. By allocating resources and funding to initiatives that promote collaboration, knowledge sharing, and the development of innovative projects, the project will contribute to the growth and advancement of the ecosystem. This value is reflected in the potential for new ideas, use cases, and partnerships that can emerge from the project's activities.

Education and Skill Development: The project will allocate funds towards creating educational resources, tutorials, and guides on Native Assets development on Cardano. By providing valuable content and educational materials, the project will enable individuals and teams to enhance their understanding and skills in the Native Assets ecosystem. This investment in education and skill development will contribute to the overall competence and expertise within the Cardano ecosystem, driving the adoption and success of Native Assets.

Community Engagement and Involvement: The project will actively engage with the Cardano community through events, workshops, and collaborative initiatives. By fostering a sense of community and providing opportunities for participation, the project will enhance the overall engagement and involvement of community members in the Native Assets ecosystem. This increased community engagement will lead to a more vibrant and active ecosystem, where individuals are motivated to contribute and collaborate, ultimately generating value for the Cardano ecosystem as a whole.

Long-Term Impact and Sustainability: The project's investment in partnerships, resources, and infrastructure will have long-term benefits for the Cardano ecosystem. By establishing collaborations, building relationships, and acquiring necessary resources, the project will lay a foundation for sustained growth and development in the Native Assets space. The long-term impact and sustainability generated by the project will ensure that the value created continues to benefit the Cardano ecosystem beyond the project's duration.

Overall, the cost of the project represents value for money for the Cardano ecosystem by promoting innovation, education, community engagement, and long-term sustainability. The allocated funds are strategically invested in initiatives that will have a positive and lasting impact on the ecosystem, contributing to its overall growth, adoption, and success.

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