completed

SustainableADA Goals Token Research

$6,000.00 Received
$6,000.00 Requested
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Community Review Results (1 reviewers)
Addresses Challenge
Feasibility
Auditability
Solution

Researching the basis of creating a platform + token for impact investing, directly connecting you to SDGs projects you're passionate about.

Problem:

There isn't a user friendly, transparent way to directly invest towards Sustainable Development Goals (SDGs) you're passionate about.

Yes Votes:
₳ 69,544,577
No Votes:
₳ 6,581,748
Votes Cast:
168

This proposal was approved and funded by the Cardano Community via Project F7: Miscellaneous Challenge Catalyst funding round.

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Detailed Plan

Sustainable ADA Goals Token (SAGT) Research Proposal:

The UN SDG 2030 Agenda:

<https://sdgs.un.org/2030agenda>

Investing in SDG's is investing in our future.

This should be accessible for any person all over the world, if we, as a global society, are to make the necessary and urgent strides to accomplish our Sustainable Development Goals by 2030.

<https://act.unfoundation.org/a/sdg-donate>

At the moment via the Joint SDG Fund, people can donate their money and then the funds go towards SDG projects.

Sustainable ADA's plan is to build a multi-phase development project, with a MVP developed during Q3 of 2022 if funded in Fund 7.

If funded, we will build our team and carry out research over 3 months (March 2022- May 2022). This will allow us to create the proper structure and base for our MVP.

The next phase will be to create a platform, 'Invest In SDGs', that facilitates impact investing directly to projects across the Cardano ecosystem, at source, and in the long term, all relevant projects globally, accelerating investment in the SDG's and helping achieve them by 2030. This is not donating.

"It's time to cut out the middleman. Why pay for a company to provide a ride-sharing service when you could use an app that connects you to the riders and doesn't take a cut? That's the promise being offered by Dapps, or decentralized apps." - https://decrypt.co/resources/dapps

For more context on the need to stimulate and redirect finance towards closing the gap in needed and actual finance provided to address the climate emergency and tackle wicked problems, the following articles shed some light on the matter:

<u>The broken $100-billion promise of climate finance — and how to fix it</u>

<https://www.nature.com/articles/d41586-021-02846-3>

<u>The trillion dollar climate finance challenge (and opportunity)</u>

<https://news.un.org/en/story/2021/06/1094762>

<u>Sustainability solution or climate calamity? The dangers and promise of cryptocurrency technology</u>

<https://news.un.org/en/story/2021/06/1094362>

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How do we promote impact SDG investing that isn't just directly impacting one sustainable development goal as these goals are interconnected, and need support in multiple areas?

We create a platform for people across the globe to invest, track, and have a record of the contribution they made or are making towards the array of SDGs they are most passionate about.

How can my investment connect to multiple areas of sustainable development?

Creating impact in multiple areas can be hard and complex. With our proposed, user friendly platform there won't be a focus on just one SDG. Our platform will allow funds to be distributed towards multiple SDGs, because SDG's are all interconnected, and we can't leave any behind

The ability to distribute funds to multiple projects will help to create a balance of investment across all multiple areas of sustainable development, using Cardano's blockchain to create a more transparent, trustworthy and accountable way to help achieve our SDGs by 2030. This also ties in with investment strategies of balancing and reducing portfolio risk through diversification.

Road map: Week 0 - 12

<u>SAGT Research and Development Stage:</u>

This proposal will provide the funds for our team to dedicate capacity to research and development of this platform, and creating an open source financial model for SAGT.

We plan to build a team of researchers, developers, global leaders, and activists to help get this platform and the SAGT into the hands of not just elite investors, but the everyday retail investor.

With our research, we aim to develop an intuitive, easy to use Dapp running on the Cardano blockchain that will allow anyone with access to the internet, and a wallet to have access to impactful projects, and contribute in small and big ways in support of organizations, business, and projects all over the world that are working to solve our 17 Sustainable Development Goals.

Whitepaper development: Weeks 0 - 12

  • Create a Whitepaper of 'Invest IN SDGs', as the research backed foundation of the SAGT Platform
  • This will be open access, allowing the community to see all the research that has gone into the platform and SAGT. Here we will lay out how the platform impacts the Sustainable Development Goals and why it is so important for this mechanism to be created and open to all.
  • We will research and develop our standards, and explain the guidelines for projects that will receive funding from our platform, and FAQ on why a project may be restricted/not meet certain developed standards
  • Learn how SAGT interacts with the Invest IN SDG's platform and how you can achieve a return on your investment with impact value, as an impact investor and become part of the solution to helping solve our SDG's.

Create a Yellow Paper with the tokenomics of the SAGT Token: Weeks 0 -12

  • This is where we will explain the utility and functions of the SAGT and how it can create value for our investors. Not just quick donation, opaque value, but long term value with the added benefits of the traceability of Cardano's blockchain, and information you can add to an asset, (ex. Meta data attached to the transaction)
  • We will also come out with the release schedule of our SAGT for both private and public sales
  • Learn how you can earn SAGT by using different tools like the Cardano AIM SDG proposer tool, when a project is fully funded you will receive SAGT for your impact and a NFT showing completion or success of a step in a project working towards specific goals
  • Allow users to track, trade, and share their accomplishment through social media, a wallet, or certification of donation to an Atala prism wallet, allowing verification on a high level document or blogpost
  • KYC regulation, and further wider integration possibilities
  • Distribution models, and connections with stake pools and other partners to formulate a smooth and successful launch.
  • Create a team of Devs for the SAGT hub. Where people can invest and pick their different projects with ease
  • Create a standard for the type of projects we add to our platform, and a mechanism to tracktheir progress and their actual impact towards achieving targeted goals
  • Application process for adding a project to the platform

What the Sustainable ADA Goals Token (SAGT) aims to be…

The SAGT Token is a way to invest in Cardano projects that impact multiple areas of sustainable development by allowing the funds invested to be dispersed to the Goals or subgoals you are most passionate about. This will connect with work currently underway in Fund 6 funded proposals:

<u>Affiliated proposals in Fund 6:</u>

*SDG Proposal Framework Tool - <https://cardano.ideascale.com/a/dtd/Proposal-Framework-Tool-AIM/369300-48088>

*Research in Applications of Frameworks - AIM - <https://cardano.ideascale.com/a/dtd/Research-in-Applying-Frameworks-AIM/369294-48088>

*Add SDG ratings to Proposals - <https://cardano.ideascale.com/a/dtd/Add-SDG-ratings-to-proposals-AIM/367569-48088>

<u>Affiliated proposals in Fund 7:</u>

*Fund 7 + SDG research - AIM <https://cardano.ideascale.com/a/dtd/Fund7Proposals-+-SDGs-Cardano-AIM/383625-48088>

* Proposal Framework Tool - AIM - <https://cardano.ideascale.com/a/dtd/Proposal-Framework-Tool-AIM/383692-48088>

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<u>Example impact investor user flow:</u>

When you want to invest $100 towards the goals you are most passionate about, you are presented with the menu of Sustainable Development Goals 1 to 17

Then listed under each goal we have the subgoals, and the different projects associated with each sub goal.

This enables users to choose as many goals/projects they want their investment to impact, and they can distribute the weight of their total investment in an intuitive way with a powerful UX and UI.

This in turn contributes to a global effort needed for more investments to be directed to the Sustainable Development Goals, so there can be a collaborative effort to help solve them by 2030.

Example of an impact investor's distributed investment portfolio spending with $100 in their wallet on the following Sustainable Development Goal oriented Cardano ecosystem projects:

SDG 4. Quality Education = Catalyst Schools ($50)

SDG 8. Decent Work and Economic Growth = Black Rhino Group ($25)

SDG 15. Life on Land = Veritree ($25)

(Example projects included above are for illustrative purposes and not confirmed projects in the Invest In SDGs platform)

Once the user confirms the projects they want to invest in, then they receive a confirmation that the investment was sent to the different projects/ goals according to their chosen distribution.

With the SAGT tokens you buy, you are able to track and confirm the project you donated to with an NFT and Metadata attached to the assets. This will provide a transparent way to share and track the different SDGs you helped impact, and your proof of purchase of SAGT.

NFTs will feature limited edition art created by artists globally that relate to a SDG/Project that SAGT can also be traded for.

<u>So in summary SAGT Utility allows for:</u>

  • Supporting projects working towards reaching our SDG's with impact investment
  • Verifiable data connecting investors directly to the projects they support
  • Earn NFTs connecting your impact to the Sustainable Development Goals
  • NFTs are themselves tradable as they will feature art from artists globally who receive a share of funds from transactions

(These are just initial examples and some of our first thoughts for SAGT. If we are funded and after conducting research and development this may be subject to change.)

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<u>Experience & Tools:</u>

The Sustainable ADA team has experience working with Figma, Canva, Wix, Final Cut Pro, Da Vinci Resolve 17, Adobe CC, Microsoft Products (Word, Excel, Powerpoint, etc).

Sustainable ADA has experience and backgrounds in Sustainability, Economics, Humanities, Social Sciences. Along with work with NGOs, Social Enterprises, Freelance journalism, and blogging.

Sustainable ADA Platform: (https://www.sustainableada.com)

Recent long term partnership with and members of Wada, Cardano AIM, and Cardano 4 Climate

WADA Catalyst Conference: <https://www.sustainableada.com/post/wada-catalyst-conference>

https://youtube.com/playlist?list=PLszKe-VaRWsTch8u98fOQevS_lVGQt7VF

Sustainable ADA News Room: -

1.https://www.sustainableada.com/post/key-takeaways-from-the-cardano-summit-2021-through-a-sustainable-ada-lens

2.https://www.sustainableada.com/post/cardano-catalysing-a-world-of-inclusion-regeneration-and-sustainability

3.https://www.sustainableada.com/post/key-talks-from-the-cardano-summit-with-a-focus-on-social-economic-and-environmental-issues

Cardano 4 Climate Sustainability Goals Conference: <https://www.sustainableada.com/post/cardano-catalyst-sustainable-goals-conference>

Sustainable ADA produced How-To-Video for Cardano AIM SDG Proposer Tool:https://youtu.be/wzOdPNxV33k

<u>What success looks like</u>

Novel and viable applications get built on top of Cardano attracting users. Integrations manage to pull in more adoption.

If funded, we will build the team and conduct the research and development for this innovative Dapp. It will be the first of its kind to attract new users and existing users deeper into Cardano's ecosystem, using ADA or SAGT to invest in the Sustainable Development Goals, and has purposes that are transparent and auditable via metadata, and NFT's. Smart Contract functionality will also help to make transactions cost effective.

IOG Strategic Impact Officer Dr Mihaela and Chief Financial Officer Jeff Pollack discussed ways to support projects with real-world social impact in a system driven solely by return on investment, and how to reconcile these seemingly at odds objectives. Return on investment for 'priceless' work 'for good' can be achieved, and with this proposal, Sustainable ADA seek to initiate action on this front! - https://youtu.be/ZTHK8ATPUmE

<u>Key metrics to measure:</u>

Number/growth of SAGT developing team

Number/growth of pools who want to work with us for our token distribution

Produced a Whitepaper and Yellow Paper exploring SAGT utility

Proposing Team:

Sustainable ADA:

Cole is UNITE 2030 Youth Delegate, a recent graduate in Economics & Sustainability, Founder of Sustainable ADA, Blockchain & Sustainability Researcher, & Social Entrepreneur, Ecoquest Education Foundation - Sustainability Research, B Impact Clinic part of UNH's Changemaker Collaborative - Kikori, Sustainability Splash Program Organizer, Bronze UNH Sustainability Award Winner <https://www.linkedin.com/in/cole-bartlett/>

Razali is an Educator, Editor and Writer, Digital Economy, Blockchain & Sustainability Researcher, Social Entrepreneur, Catalyst Proposal Mentor, Wada UN SDG and Education Coordinator, Co-Founder of Sustainable ADA & Catalyst School Core Member <https://www.linkedin.com/in/razali-samsudin/>

Yoram Ben-Zvi is a social entrepreneur. In recent years, Yoram is focused on combining impact and business. Yoram is an active catalyst member, CA, and part of the Cardano4Climate community.

Sustainable ADA are Fund 6 funded proposers:

<https://cardano.ideascale.com/a/dtd/Global-Sustainable-Stories-Usecases/369883-48088>

Budget:

Research phase: $3000

White paper $500

Yellow Paper $500

Team support $2000

Total: $6,000

Road Map:

March - July 2021

- Registered domains both sustainableada.com & sustainableada.io

- Created Sustainable ADA website

- Presented at GimbaLabs Playground

- Created Mission & Vision Video

- Created a team

- Connected with Ekofolio Team

- Created Social Media Pages

LinkedIN: <https://www.linkedin.com/company/sustainableada/>

Twitter: <https://twitter.com/SustainableADA>

Instagram: <https://www.instagram.com/sustainableada/?hl=en>

Youtube: <https://www.youtube.com/channel/UCR5Rn6KM-nYgC0k2v5HFD5A>

August 2021:

Created a flyer for WADA Catalyst Conference and promoted in social media

In talks with Cardano Foundation

September 2021:

Reached out to Cardano community members. Creating a contact list of the first 193 countries (193 according to UN recognized ones - we can go beyond this measure!)

Created WADA Catalyst conference Videos

October 2021:

Funded for fund 6

Added page why blockchain,

Added page what is blockchain,

Added page what is sustainability,

Added page blockchains connection to sustainability,

Added page Cardano connection to sustainability.

Posted Article Key Takeaways from the Cardano Summit 2021 through a Sustainable ADA Lens

Posted Article Cardano catalysing a world of inclusion, regeneration and sustainability

Posted Article Key talks from the Cardano Summit with a focus on social, economic and environmental issues

November 2021:

Partnered with Cardano 4 climate, and Cardano AIM

Created the Cardano AIM sustainable SDG proposer tool video and have

Posted WADA Catalyst conference on our social media pages

Created a flyer for Cardano 4 Climate Sustainable Goals Conference and promoted on social media

December 2021 - January 2022:

WADA fund 6 Proposal Articles

Catalyst Boost Camp article

Sustainable Goals Conference Videos

New Partnerships in the making

February 2022 - June 2022:

Research Phase, partnerships, and team development.

Check out our video: https://youtu.be/CCwpO_I9D5c

Sustainable ADA Vision & Mission

Our Vision

Sustainable ADA connects you to the real life examples of how Cardano is enabling cascading disruption by change agents creating a better tomorrow, today. Stories of empowering people taking action in life changing ways.

Actions that ripple in globe shifting ways for a more sustainable, peaceful, and prosperous world for all.

Connecting the dots between Blockchain, Cardano, and Sustainable Development Goals (SDGs) and action on the ground by showcasing case studies of positive progress and potentially valuable opportunities to be unlocked.

Sustainable ADA is a space where you can learn more about the transformative potential and impact of Cardano & collaborate with others to receive guidance, access to tools, and community support while integrating solutions to challenges faced by you, your business, or your community.

Our Mission

- Clarifying and demystifying notions of blockchain and how it relates to Sustainability & Sustainable Development Goals SDG's.

- Providing resources for educators/activists to confidently introduce blockchain technology into people's lives; highlighting the sustainable advantages and positive impact on communities and businesses.

- Bridging people into a world where they are welcomed on their lifelong learning journey & invited into the Cardano community, ultimately enabling and empowering visitors to discover, acquire and nurture an appreciation of what blockchain is its limitations, and its possibilities.

Sustainable ADA is a platform that promotes education, inspiration, and sustainable development. Sustainable ADA is helping connect the dots between Blockchain, Cardano, and Sustainable Development Goals (SDGs) and action on the ground by showcasing case studies of positive progress and potentially valuable opportunities to be unlocked. On our platform we plan to share with the world sustainability media, content, and stories from the Cardano ecosystem! Acting as a bridge for the Cardano community, bridging people into a world where they are welcomed on their lifelong learning journey & invited into the Cardano community, ultimately enabling and empowering visitors to discover, acquire and nurture an appreciation of what blockchain is, its limitations, and its possibilities.

We seek to work towards the following SDG goals as part of this proposal:

Goal 4. Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all

Goal 8. Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

Goal 10. Reduce inequality within and among countries

Goal 17. Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development

SDG subgoals:

4.7 By 2030, ensure that all learners acquire the knowledge and skills needed to promote sustainable development, including, among others, through education for sustainable development and sustainable lifestyles, human rights, gender equality, promotion of a culture of peace and non-violence, global citizenship and appreciation of cultural diversity and of culture's contribution to sustainable development

10.2 By 2030, empower and promote the social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other status

17.16 Enhance the Global Partnership for Sustainable Development, complemented by multi-stakeholder partnerships that mobilize and share knowledge, expertise, technology and financial resources, to support the achievement of the Sustainable Development Goals in all countries, in particular developing countries

17.3 Mobilize additional financial resources for developing countries from multiple sources

Key Performance Indicator (KPI):

4.7.1 Extent to which (i) global citizenship education and (ii) education for sustainable development are mainstreamed in (a) national education policies; (b) curricula; (c) teacher education; and (d) student assessment

#proposertoolsdg

Community Reviews (1)

Comments

Monthly Reports

Project is underway!

Disbursed to Date
$6,000
Status
Still in progress
Completion Target
5/1/2022
Comments 0

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The project is taking longer than we had expected. We will need another month to finalize things.

Disbursed to Date
$6,000
Status
Still in progress
Completion Target
6/15/2022
Comments 0

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The project is taking longer than we had expected. We needed another month to wrap things up and plan to be finished the 15th of June.

Disbursed to Date
$6,000
Status
Still in progress
Completion Target
6/15/2022
Comments 0

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