Please describe your proposed solution.
Develop an app that lists all funded proposals from Fund1 to Fund9 and beyond (approximately 565 completed proposals). The application will provide information about monthly reports, work progress and completed tasks. At the same time, after the proposal is completed, the project will continue to be monitored to assess whether the project is continuing to develop or has stopped. Tracking metrics will include: number of followers, number of visits, number of users and number of transactions.
Next in this app, the community can log in by connecting the wallet and make comments based on the work these recommendations have published and generated. They can evaluate the products generated from the recommendations, assess the user experience it offers, and determine its value to the Cardano ecosystem.
This is an illustration of the app's user interface
Finally, users who are voters or dRep can easily track which Teams are doing well, creating the most valuable products for the Cardano ecosystem, and which recommendations are working best to continue support them in the future.
SUMMARY OF KEY FEATURES OF THE SOLUTION
- Provides a complete list of sponsored proposals.
- Provide a community rating on how useful the products generated from the proposal.
- Update the implementation progress and report the proposed results monthly.
- Measure the success of the proposal through quantitative indicators.
- The community can evaluate the utility of the product (Example: Is the application user-friendly, does it bring any practical benefits?).
End User
- Investors interested in the development of the Cardano ecosystem
- Users who want to learn about the quality of Catalyst-sponsored proposals
- Proposal writer
- Voters
- dRep
Why is this solution important to Cardano
If Cardano wants to grow and expand further in the future, then the Catalyst fund must be efficient. The effect here is that the funding must be used for the right purposes and produce results. To do that, voters or dRep need to know which projects they should vote for, which teams are qualified and to do so, voters and dRep need a breakdown of their votes, results of the work that teams applying for grants have created in the past to assess whether the products they create are really good, useful, and helpful to the growth of Cardano?
Therefore, a tool to track funded projects and summarize data in an intuitive, easy-to-view, easy-to-follow and evaluate way will be the fastest step forward to help the funding from the Catalyst fund go to Right person, right project needs funding.
How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?
Excerpt from Challenge request:
> Products & Integrations focuses on the following areas:
> Creation or improvement of different products that provide value to the Cardano community and wider ecosystem.
> Integrations with other existing services, products and protocols that improve the end user experience. This could mean giving the user more options or making something easier to use that benefits the wider ecosystem.
The proposed solution focuses on creating a product that improves the end-user experience. Helping end users to vote, dRep makes it easy to make voting decisions in favor of qualifying groups, and in previous funding rounds has produced useful products for Cardano. From there, it helps to accelerate the application development process and add many new users to the Cardano ecosystem in the future.
Impact of this project on the development of Cardano
By optimizing statistical tools, data aggregation and analysis that will help voters, dRep saves a lot of time and helps them make better choices in voting on proposals. Instead of before, all votes were purely emotional and information came from one direction from the project owner, now all votes are backed by data.
This proposal will greatly improve the efficiency of Catalyst funding and help the funding go to the right audience and used for the right purposes. From there, accelerate the creation of better dApps, Marketing programs and community programs to increase new users for the Cardano ecosystem in the future.
How do you intend to measure the success of your project?
The success of the project will be measured by the following factors:
- The number of voters, dRep access and use the application.
- Application usage time
- Returning visitor rate
Please describe your plans to share the outputs and results of your project?
The project required a six-month deadline to complete the product.
Starting from the seventh month, we will implement a communication strategy to promote the product to the community. The communications plan, which focuses on promoting the app to the community when Fund 11 launches, aims to educate voters on the benefits and uses of the app to aid voting decision-making. This will assist voters in making accurate and informed voting decisions, and save a lot of time.
The communication channels through which we will reach the voter community include:
Facebook Groups:
<https://www.facebook.com/groups/CardanoCommunity> 230k member
<https://www.facebook.com/groups/cardanoviet> 46k member
<https://www.facebook.com/groups/cardanoofficial/> 28k member
<https://www.facebook.com/groups/329878940817053/> 78k member
<https://www.facebook.com/groups/1662483017152373/> 231k member
<https://www.facebook.com/groups/1006732599497365/> 12k member
<https://www.facebook.com/groups/420913472500457/> 21k member
Telegram:
<https://t.me/Cardano> 25k member
<https://t.me/CatalystCommunityAdvisors> 1,5k member
Discord
<https://discord.com/invite/TUr9RDU> 10k member