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wadaDAO

$37,800.00 Requested
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Problem:

CardanoのDAOツールは早い。 財務管理、投票、組織化、多国間協定などのカスタマイズ可能なツールが不足している。

挑戦: F7: DAOs ❤ Cardano
over budget Requested 7.56% of the fund.
コミュニティ・アドバイザー・レビュー:
4.08 (12)
Yes Votes:
₳ 55,556,098
No Votes:
₳ 5,992,418
Unique Wallets:
306

エクスペリエンス

和田です。経験豊富なプロジェクトマネージャーと開発者のネットワーク Photrek:複雑なシステムの意思決定のモデル化と研究

ソリューション

既知の組織標準をDAOモデルに融合する。分散型財務システムの設計二次投票などの投票モデルの確認

  • download
  • download

Detailed Plan

<u>wadaDAO Design</u>

Wada is designing a decentralized autonomous organization to facilitate its support to those seeking to build on the Cardano network. Our hope is to build a DAO that facilitates the exchange of ideas, value, and culture on the Cardano blockchain.

We are working from first principles to build our DAO. Some of the questions we've posed to ourselves are:

  • What are treasury management systems and what metrics need to be in place to assess the performance of a treasury?
  • What is voting and its effect on organizing complex systems?
  • Should a voting system be invariable or flexible?
  • Should there one voting mechanism or several?
  • How should DIDs interact with a DAO?
  • What role should a native token play in a public DAO ecosystem?
  • What emerging technologies should be considered as the sustainability of the DAO is hypothesized?
  • How should the DAO be changed?
  • What elements of the DAO should be unchangeable?
  • Many more…

In our opinion these types of questions are first principle questions and are fundamental to developing tooling that results in sustainable DAO infrastructure. Furthermore, we think the problem to be solved is one that revolves around inducing social cooperation. Once social cooperation models have reached a specified degree of success, we will then establish a framework for developing the tools to reflect those contentions. How do we cooperate with each other to make progress on shared goals in a sustainable way. What incentives need to be in place to capture the imagination and motivate the behaviors of the actors in the system?

The wadaDAO will function similarly to other DAOs in that it will be built using the basic components of a DAO.

  • Purpose
  • Treasury
  • Utility token - Accessing the resources on the network
  • Governance
  • Governance incentive scheme
  • Voting mechanism
  • Dashboard (DAO Visibility)

<u>wadaDAO Mission</u>

wadaDAO is a decentralizing autonomous value-sharing network that uses socio-economic incentives to facilitate mutually-beneficial symbiotic relationships . The mission of wadaDAO is to unlock the potential of Africa, the African Diaspora, and other ethnic identities by using distributed ledger technology (DLT), AI, and other emerging technologies.

wadaDAO will provide the core building blocks needed to build out the core infrastructural elements needed for exercising economic sovereignty for African and other peoples. It is Wada's hope to enable a flexible, secure, frictionless value-transfer infrastructure that's accessible to all participants in the African economy.

wadaDAO services :

  • wadaMint - NFT minting service
  • Issuing DIDs and credentials
  • Connecting seekers with providers (intentionally broad)
  • Funding projects
  • Lending
  • Remittance services
  • Traceability solutions
  • Analytics
  • DeFi functions
  • More…

<u>Partnerships with Photrek and Singularity.NET</u>

Wada is working in conjunction with Photrek to analyze and model specific DAO functionality. Photrek's expertise is in research and development to prove out concepts, create actionable intelligence, and build dependable systems. We're excited to work with Photrek and with this relationship help to anchor wadaDAO's risk mitigation strategy.

Wada is also working in conjunction with Singulairty.net to bring AI atop the compute layer of wadaDAO. The Wada team participated in an accelerator with 1000 Black Voices out of the UK and was able to get direct access to engineers and other resources at Singularity.net. We are excited to continue the relationship with Singularity.net and expect fruitful collaboration with the organization.

We see wadaDAO as an alternative to current methods of capital deployment and community engagement on the African continent, in the African diaspora, and wherever the services are valued . It's a tall order although everyone on the team has been working towards a similar outcome for decades and we're committed to bringing Web3 and other emerging technologies to bear on the African continent.

Proposing Team:

  • Wada network (Sidney Nicholas, Megan Hess)
  • Phoetrek (Kenric Nelson)

Roadmap

  • Month 1 - Build out current membership portal and create additional plugin
  • Month 2 - Implement testnet voting functionality into Wada's existing membership portal
  • Month 3 - Model the first iteration for Wada's treasury management system
  • Month 4 - Implement treasury management model (testnet) within Wada's portal (for core members and main Hubs as a trial)
  • Month 5 - Analyze and refine models based on feedback from Wada users
  • Month 6 - Wada voting and treasury management to mainnet (Alpha)
  • Month 7 - Apply and analyze voting and treasury models
  • Month 9 - Uncritical treasury and voting on mainnet (testing phase)

Budget - $37,800

  • Research and modeling (Design/architecture team) - $15k (Voting, Treasury)
  • Model testing (Research modeling exerts) - $7k
  • Developer motivations - $13k (PHP, Interface-front end JavaScript)
  • Team fees - $2.8k

Auditability:

What success looks like:

Main deliverable for 6 months is wadaDAO white paper outline and DAO design roadmap. We will also be starting to implement some of our treasury management and voting tooling through our existing portal.

コミュニティ・アドバイザー・レビュー

Addresses Challenge

4.3 / 5
4 レビュー

Does the proposal effectively addresses the challenge?

コミュニティーレビュー (4)

Commenter gravatar

Wada has put together a proposal that in my opinion will help to address the challenge of onboarding individuals to the Cardano blockchain.

Assessment Quality Assurance

Assessment Quality Assurance is an offered role to veteran in the Cardano Project Catalyst Community. The purpose is to review PA assessments of proposals, providing a second layer of Quality Assurance.

Assessor ID
z_assessor_676
Total QA Ratings
19
QA Rating Outcome
Good
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Relation to personal qualifications: As a year-long activist in both party-politics and non-party related political (grassroots) groups I know how important decentralised communities and governance processes are for democratic and economic empowerment. DAOs are a powerful tool in this respect. I want to bring in my personal knowledge and experience on various governance models into action by assessing proposals in this challenge. Having that importat actor in the catalyst network form a DAO network can surely only be beneficial for the Cardano ecosystem, so this proposal fits very well into the challenge setting. The key metrics and goals of the proposal align excellently with the outlined challenge settings. Since WADA is a great multiplicator and keeps establishing, it can sure be said that the proposal is able to scale to address future challenges.

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The WadaDao addresses the challenge Dao loves Cardano well by fusing organizational standards into Dao model like treasury management, voting mechanism and governance incentives. It has some collaboration with expert in AI like Singularity net and Phoetrek.

Assessment Quality Assurance

Assessment Quality Assurance is an offered role to veteran in the Cardano Project Catalyst Community. The purpose is to review PA assessments of proposals, providing a second layer of Quality Assurance.

Assessor ID
z_assessor_653
Total QA Ratings
20
QA Rating Outcome
Good
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Commenter gravatar

The idea is to address the lack of customizable tools for managing treasury, voting, organization and multilateral agreements. The solution to validate quadratic voting and other voting models, incorporate known organizational standards into DAO models, design a distributed treasury system. I completely agree with this idea, this is necessary and extensible for decentralized projects that develop on the ecosystem. However, I wonder if this custom tool is open source and encourages developers to participate in the build.

Assessment Quality Assurance

Assessment Quality Assurance is an offered role to veteran in the Cardano Project Catalyst Community. The purpose is to review PA assessments of proposals, providing a second layer of Quality Assurance.

Assessor ID
z_assessor_697
Total QA Ratings
17
QA Rating Outcome
Good
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Feasibility

4.3 / 5
4 レビュー

Given experience and plan presented is likely that this proposal will be implemented successfully

コミュニティーレビュー (4)

Commenter gravatar

Wada foundation has the experience necessary to follow through with their proposal and the knowledge required to outsource any individuals or resources needed to see the project through.

Assessment Quality Assurance

Assessment Quality Assurance is an offered role to veteran in the Cardano Project Catalyst Community. The purpose is to review PA assessments of proposals, providing a second layer of Quality Assurance.

Assessor ID
z_assessor_676
Total QA Ratings
19
QA Rating Outcome
Good
人間性の確認

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Commenter gravatar

WADA are a really active and established part of the Catalyst community. Without a doubt they will be able to successfully implement this proposal. The proposers know the type and number of team members required to implement the proposal and basically have a large group as their support network. The budget is outlined clearly and broken down into identifiable items and is reasonable to achieve the set goals. The proposal offers a realistic timetable and roadmap to complete the work and a very detailed, rationable and transparent implementation plan. It describes the resources used and every imaginable detail is shown. This is a great example of a good, feasible proposal.

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The proposal seems to be a pioneer project with no track record in DAO but a preliminary research but built on top of existing infrastructure. Although it looks like a tall order to implement the project successfully. The project duration for treasury and voting implementation is quite likely though it could potentially experience some obstacles along the way. The risk & challenges haven't been addressed in the proposal.

Assessment Quality Assurance

Assessment Quality Assurance is an offered role to veteran in the Cardano Project Catalyst Community. The purpose is to review PA assessments of proposals, providing a second layer of Quality Assurance.

Assessor ID
z_assessor_653
Total QA Ratings
20
QA Rating Outcome
Good
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The functions built for wadaDAO are so numerous according to the team's description that the timeline or detailed plan for implementing these functions is incomplete, it will be difficult to judge the success of each function without it. the information. The team's identity is stated briefly, the team should publicize its identity and add professional experiences on social networking sites. The proposed costs involved should be more clearly stated, for example how many people the project will use and how much time each route will take.

Assessment Quality Assurance

Assessment Quality Assurance is an offered role to veteran in the Cardano Project Catalyst Community. The purpose is to review PA assessments of proposals, providing a second layer of Quality Assurance.

Assessor ID
z_assessor_697
Total QA Ratings
17
QA Rating Outcome
Good
人間性の確認

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Auditability

3.8 / 5
4 レビュー

Does the proposal provides sufficient information to assess and audit progress and completion?

コミュニティーレビュー (4)

Commenter gravatar

I personally think the information presented is a sufficient start point to audit their initiative and I am hopeful that as the initiative develops they will implement whatever necessary scaling solutions are required to ensure proper audit ability as it grows.

Assessment Quality Assurance

Assessment Quality Assurance is an offered role to veteran in the Cardano Project Catalyst Community. The purpose is to review PA assessments of proposals, providing a second layer of Quality Assurance.

Assessor ID
z_assessor_676
Total QA Ratings
19
QA Rating Outcome
Good
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Well-defined, detailed metrics and an auditable roadmap are presented that define the success of the proposal. A clear, understandable problem description is accompanied by a very detailed, auditable description of a solution.

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The budget information is unclear as some items like team fee and developer motivation etc. are not defined. The main promise in KPIs is the white paper but the implementation success in % haven't been defined and hence the voter could not be very confident compared to the budget that they would spend on the proposal.

Assessment Quality Assurance

Assessment Quality Assurance is an offered role to veteran in the Cardano Project Catalyst Community. The purpose is to review PA assessments of proposals, providing a second layer of Quality Assurance.

Assessor ID
z_assessor_653
Total QA Ratings
20
QA Rating Outcome
Good
人間性の確認

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Commenter gravatar

The proponent mentioned more than 9 services to be built, it would be even better when the roadmap to build the DAO is fully informed with measurable KPIs. There have been many DAOs developed on other ecosystems and have been successful, you can refer to it to get more information about the project's risks and challenges from which to have appropriate solutions for development.

Assessment Quality Assurance

Assessment Quality Assurance is an offered role to veteran in the Cardano Project Catalyst Community. The purpose is to review PA assessments of proposals, providing a second layer of Quality Assurance.

Assessor ID
z_assessor_697
Total QA Ratings
17
QA Rating Outcome
Good
人間性の確認

コメントを書く

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