not approved

CCC: Reset Ready?|Value-Flow Wealth

$90,000.00 Requested
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Community Review Results (1 reviewers)
Addresses Challenge
Feasibility
Auditability
Problem:

<p><strong>&quot;Reset Ready?&quot; Onboard <em>EVENT</em> + Highly Incentivized Stake Pool Loyalty Rewards; currently lack DEVELOPER DRIVEN toroidal value-flow.</strong></p>

Yes Votes:
₳ 22,389,520
No Votes:
₳ 68,647,219
Votes Cast:
301

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Detailed Plan

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<u>!*************See attached PDF For Tunheim Info and event planning specifics*************!</u>

Cardano Creative Commons (CCC) is seeking funding to explore the creation of a global, value-flow loyalty rewards methodology which formalizes stake pool delegator reward distribution to those who have contributed to systemic value-flow via a purpose driven stake pool, specifically the CCC stake pool. Simply put, think of a lawnmower with a pull-cord attached to a flywheel. It takes a significant amount of energy to start the lawnmower for the mower to run continuously. Delegators in this analogy provide flywheel source energy (FSE) to start the value-flow machine / torus / "Accelerator Portal".

Smart contract, incentivized stake pool delegation will play a key role in developing and deploying self-sustaining Developer Ecosystem. The intent is to transition from external incentivization to a closed loop system which will grow as the Developer Ecosystem matures while rewarding loyal community members weighted by first consecutive ADA delegation epoch to current date, current delegation/epoch and total amount of CCC native asset staked on CCC stake pool.

Not only will this project breathe life into Cardano Creative Commons which has the potential to become a global Decentralized Autonomous Organization with regional "Accelerator Portals," funding this project directly feeds SPOCRA's ability to serve new and existing stake pool operators by providing a model and opportunities for stake pool(s) as a service (SPaaS).

Toroidal value-flow is self-sustaining:

• Delegators are incentivized by loyalty rewards and directly supporting pools funding the Developer Ecosystem Accelerator Portal.

• Creative developer & entrepreneurial talent outside of the Cardano ecosystem is attracted in by opportunities allowing them to focus on business value they can generate.

The cornerstone of kickstarting the toroidal value-flow is the creation of a development accelerator stake pool operation and a delegator loyalty rewards program using a custom native token and smart contracts.

CCC stake pools will be established as purpose driven stake pools in support of the CCC mission. Delegator rewards will provide the primary FSE which may be signed securely via stake pool owner held private stake pool keys.

The funds requested will in part finance the startup & operation costs and compensation to the designated stake pool operator for the running of the CCC stake pool(s).

Project: Step by Step

1. Setup of a high security enterprise level i.e., following all SPOCRA standards, stake pool operation whereby the owner and the operator have established a best practice method for key management.

2. A CCC enterprise level stake pool operation with proper monitoring and maintenance practices being followed to ensure consistent block production will be established. Additional stake pools will be added as previously created stake pools become saturated by ADA delegation.

3. Host a hybrid live/live-streamed global summit along with Minnesota business, government and education "pre-onboarded" invitees. On-boarding event for initial delegators providing the FSE to kick-start the toroidal value-flow machine.

4. Whitepaper outlining the incentivized smart contracts and tokenomics system. Submit for peer review and collect Cardano community feedback, including input from SPOCRA.

5. Minting of a native asset.

6. Write and formalize an incentivized delegation smart contract which rewards ADA delegation weighted by combined epoch start date and sustained delegation over time with a native asset which will be used to calculate loyalty rewards from a designated loyalty rewards pool to be denominated in ADA and based on global value-flow flowing back to CCC via network members' smart contract agreements.

Definition of Success:

Success will be measured by active implementation of functioning stake pool loyalty rewards program running on all CCC stake pools within 3 months of funding.

Budget:

$48,000 for Tunheim planning, website and creative for "on-boarding" event to "green-light ready" phase,

$32,000 for SPaaS setup, operation and smart contract creation, development of loyalty rewards architecture, community input integration, initial deployment, monitoring, documentation, and project management is as follows

  • $3,000 – setup & operation costs of initial CCC for 3 months
  • $29,000 - compensation for completion of incentivized smart contract development work and modeling & peer review of end-to-end value-flow tokenomics to and from stake pool delegators

$10,000 CCC/ Gary Heyer Project Management

Auditability:

The number of participants going through experience, total revenue generation, number of on-boarded individuals/ projects started, etc.

Smart contracts created to facilitate the toroidal value-flow networks can be audited.

IP: All global methods created by CCC or SPOCRA will be publicly available. Specific implementation, partnership or allocation agreements may remain private. If any IOG IP is used, that IP will be subject to IOG IP acceptable use, permissions, and guidelines.

Attachments/ Links:

(To be uploaded)

  • SPaaS model and design infographic
  • Value Flow chart (once finalized)

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Playlist

  • EP2: epoch_length

    Authored by: Darlington Kofa

    3分 24秒
    Darlington Kofa
  • EP1: 'd' parameter

    Authored by: Darlington Kofa

    4分 3秒
    Darlington Kofa
  • EP3: key_deposit

    Authored by: Darlington Kofa

    3分 48秒
    Darlington Kofa
  • EP4: epoch_no

    Authored by: Darlington Kofa

    2分 16秒
    Darlington Kofa
  • EP5: max_block_size

    Authored by: Darlington Kofa

    3分 14秒
    Darlington Kofa
  • EP6: pool_deposit

    Authored by: Darlington Kofa

    3分 19秒
    Darlington Kofa
  • EP7: max_tx_size

    Authored by: Darlington Kofa

    4分 59秒
    Darlington Kofa
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