not approved

dRep easy find potential proposals

$15,000.00 Requested
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Community Review Results (1 reviewers)
Impact / Alignment
Feasibility
Auditability
ソリューション

Build a multi-criteria filter that makes it easy for dRep to find the best quality recommendation in a short amount of time

Problem:

Lack of a comprehensive support tool makes it easy for dReps to find potential recommendations.

Yes Votes:
₳ 11,239,951
No Votes:
₳ 24,785,559
Votes Cast:
164

  • download
  • download

[IMPACT] Please describe your proposed solution.

dRep will be a key player in Catalyst's success by finding valuable and potential proposals. Helps to supplement the missing applications of the ecosystem.

WHAT IS THE PROBLEM

======

Currently, dRep does not have a powerful tool to help them filter out good and potential proposals. That work still has to be done manually and takes a lot of time.

There are currently two tools on the market that voters or dRep can use to assist in finding quality proposals:

I was a proposed voter and reviewer for Fund8. I used both tools to find quality recommendations to write reviews and vote on. But I don't find them to be of much help in finding quality recommendations, and as a website developer for many years I have found that the experience using these two tools is not as good as I would have liked. So I thought I might be able to do something better.

So what are the weaknesses of these two tools:

<u>Cardanocataly.st</u>

1.Infomation: Too much information, and the arrangement is not scientific and clear. Leads to a bad experience for new users.

2.Filter: It is quite inefficient, with very little information being given like views, comments, followers and the number of Kudos awarded. This leaves dRep and voters with little choice in deciding which proposals should vote Yes

Image File

3.Team capacity: Not available

4.Proposal details: Not available

<u>Lidonation.com</u>

1.Infomation: Provides a variety of other rating metrics, such as number of reviews, average rating score, and percentage of amount requested to fund amount. But that's still not enough to rate it as a quality proposition.

2.Filter: Filters with very few stats for dRep to choose from

Image File

3.Team capacity: Information on the number of members' proposals and ongoing progress is available. But there is no clear information that can be checked and verified

4.Proposal details: There is a detailed page of the proposal with evaluation metrics, but the impact of the proposal on the Cardano ecosystem has not been mentioned.

SOLUTION

======

Build a filter with more complete rating metrics like:

  • Number of views
  • Number of comments
  • Number of reviews
  • Average rating score
  • Number of Kudos given
  • Recommended tracking number
  • Percentage of requested amount against funds
  • Number of votes
  • Number of wallets participating in voting

Build a detailed proposal page with full evaluation metrics such as:

  • Number of views
  • Number of comments
  • Number of reviews
  • Average rating score
  • Number of Kudos given
  • Recommended tracking number
  • Percentage of requested amount against funds
  • Number of votes Yes and No
  • Number of wallets participating in voting
  • Information about the Team and the total number of proposals the team is working on. Number of completed or incomplete proposals
  • The impact of the proposal on the development of cardano

DIFFERENCE

======

The proposal makes a huge difference compared to the two tools currently on the market with features like:

  1. Filters with more ratings
  2. dRep has many choices depending on each person's criteria
  3. Statistics of all proposals that dRep has voted on. Evaluate the effectiveness of proposals voted for by dRep using metrics such as Number of Sponsored Proposals, Number of Unfinished Proposals, Number of Completed Proposals, and Number of Users of that proposal's product.
  4. recommendation insights are more informative and can be viewed all in one Page without having to navigate multiple pages. This saves a lot of time.
  5. Provide information on the performance of the implementation team and the work of previous proposals
  6. Monitor the implementation progress and results of the proposal
  7. Impact of the proposal on the cardano ecosystem.

USER OBJECT

======

  • dRep
  • Proposal Assessor
  • Voter

BENEFITS FOR USERS

======

  1. dRep, voter saves a lot of time and can quickly search for good and potential proposals to vote on
  2. Everyone can see the impact of the proposal on the development of Cardano

PRODUCT BUILDING PROCESS

======

  1. Plan and assign tasks to members
  2. System architecture design
  3. Interface frame design
  4. User interface design
  5. Admin interface design
  6. Programming the user interface and tool features
  7. Programming the admin interface and features
  8. Check and fix errors
  9. Insert information
  10. Test run
  11. Finalize and put the product to use

FINISHED PRODUCT

======

  1. A comprehensive tool for dReps to easily select good and potential proposals.
  2. At the same time, dRep can continue to monitor how the team implements the proposal and produces results, impacting the further development of the Cardano ecosystem.
  3. From there, dRep can look back and draw lessons learned to improve the search and selection of excellent and valuable proposals.
  4. This way, excellent teams and proposals will be selected more by better quality dReps.
  5. The community can view the voting history of dReps to evaluate the capacity and effectiveness of dRep through the results of the proposals. From there, either continue to trust that dRep or move your vote to a better quality dRep.

[IMPACT] Please describe how your proposed solution will address the Challenge that you have submitted it in.

  1. Help dReps work more efficiently
  2. Statistics of all active dReps
  3. Statistics of all voting history of dRep
  4. Statistics of the impact that dRep has made through the proposals that dRep voted Yes. For example, the number of users of the monthly recommendation.
  5. Help voters find effective dReps through their work history.

[IMPACT] What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?

  1. Data structures from Catalyst change constantly.
  2. ADA slippage

SOLUTION

=====

  1. Build a flexible data collection structure and use AI machine learning to capture accurate and resilient data with the change from Catalyst
  2. Recommend 10% more than the total amount requested to prevent the risk of ADA slippage

[FEASIBILITY] Please provide a detailed plan, including timeline and key milestones for delivering your proposal.

We plan to implement this project in 6 months and split it into two phases.

<u>Phase 01</u>: 3-month plan

  • Plan and assign tasks to members
  • Build diagrams
  • Structural design of the user interface framework
  • Design and improve user interface
  • Design and improve the admin interface
  • Logo design
  • Buy domain name and hosting
  • Programming user interfaces on computers and smartphones
  • Programming the administration interface on computers and smartphones

<u>Phase 02</u>: The next 3-month plan

  • Continue to program the admin interface

  • Import content

  • Run tests and fix bugs

  • Finalize and put the product to use

  • Advertise products and attract users

    [FEASIBILITY] Please provide a detailed budget breakdown.

Comming soon

[FEASIBILITY] Please provide details of the people who will work on the project.

Comming soon

[FEASIBILITY] If you are funded, will you return to Catalyst in a later round for further funding? Please explain why / why not.

Comming soon

[AUDITABILITY] Please describe what you will measure to track your project's progress, and how will you measure these?

Comming soon

[AUDITABILITY] What does success for this project look like?

Comming soon

[AUDITABILITY] Please provide information on whether this proposal is a continuation of a previously funded project in Catalyst or an entirely new one.

Comming soon

Sustainable Development Goals (SDG) Rating

Comming soon

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