completed

Community Consultancy: Tokenomics

$3,840.00 Received
$3,840.00 Requested
Ideascale logo View on ideascale
Community Review Results (1 reviewers)
Addresses Challenge
Feasibility
Auditability
Solution

Assist existing projects to help formalize & model their solutions. Share these results with the broader community as examples

Problem:

There are existing projects in our community looking for new ways to finance community efforts, but some are lacking resources & expertise

Yes Votes:
₳ 38,339,045
No Votes:
₳ 15,030,737
Votes Cast:
199

This proposal was approved and funded by the Cardano Community via Project F7: Seeding Cardano's Grassroots DeFi Catalyst funding round.

Detailed Plan

*** | Summary | ***

This is an experiment to provide consultancy work for the general community. There are a lot of ongoing projects and initiatives being started. Instead of proposing a solution, this proposal is about offering support to other solutions, projects and funded proposals.

The proposer would work a fixed number of hours per week over a period of 3 months, focused on a specific problem and subject. The work would include general research and focussed consultancy for existing projects working on this problem. These would in turn be used as practical use cases to steer the general research.

The result of the work would be shared through public articles, reports and presentations that aim to guide solutions to the problem.

12 weeks, 8 hours per week. Budget: 3840 $

Guiding research question:

How can Tokenomics and DeFi models be used for continued sustainable development and maintenance of projects in the ecosystem

*** | Community Consultancy | ***

This proposal is an experimental template for defining a paid Role through a proposal. It's not meant to introduce any official role, though it could be used by others in a similar fashion.

Role: Community Consultant*

Description: A Domain Expert who provides advice to the community on specific problems within their expertise and who supports projects working on those problems.

* First choice would be 'advisor', but that name is already taken

Format

The role will be fulfilled for a fixed period of time. This period is divided into iterations of a fixed number of weeks. Work activities will be allocated per block, each block equates to ~4h of work. Each iteration will have a fixed number of blocks as commitment.

Upfront an indication is given of the blocks per iteration over the whole period. A main subject is defined as a focus for the whole period. A public backlog is set up to indicate the intended focus and to track work. A list of (potential) projects to support is set up to track engagement.

Each iteration would include some visible result, even if it is not a finalized delivery. The end of the whole period concludes with a final report incorporating all the efforts. This will be presented to the community in a live session.

Block Activities

For this role work will be divided into 4 block types:

- Reporting & Accountability

Reporting on work done, administration of the proposal

Open Office hour: this block includes 1 hour for anyone to ask about the work being done, this proposal format or talk about a project which relates to the subject.

- Public Session

Organize a public session to present work, gather input, discuss

- Project Consultancy

Focussed sessions with members of a project, additional work to support their project

- Research & Writing

Researching the subject, related projects in the ecosystem. Working on articles about the subject.

*** | Details | ***

Main subject: Tokenomics

Guiding main question:

How can Tokenomics and DeFi models be used for continued sustainable development and maintenance of projects in the ecosystem

This proposal will be managed on this Miro board:

https://miro.com/app/board/uXjVOcM7-xg=/?invite_link_id=465776609169

Focus & Projects

The following projects are currently on the list as potential candidates and have shown an interest:

  • Dandelion tokenomics model
  • GameChanger: Catapult

Other projects funded in this Challenge would also be candidates. A rationale will be provided for the final choice. In the future these decisions could be guided by expert groups formed around these domains.

Time Allocation & Budget

total period: 3 months

weeks per iteration: 4 (total iterations: 3)

Blocks per iteration 8

Every iteration will include a block for Reporting & Accountability.

First iterations will focus on Project Consultancy, in later iterations the focus will shift to more Research & Writing and Public Sessions. (A visualization can be found on the Miro board)

The budget for this proposal is based on the planned blocks per iteration. Funds can be released per iteration. As this is a new role and format, the rate per hour is set at 40 $/hour. In future versions this could be increased based on confidence in the format and reputation of the Consultant.

Total hours: 4 hours * 8 blocks * 3 iterations = 96 hours

96 * 40 = 3840 $

Outcome Forecast

The first 3 months would see the body of the work for this proposal done. The projects that were supported should be closer to a solution. The result of the work is presented and delivered in the form of a final report addressing the main subject. This report would include:

  • Overview of the problem
  • Possible solutions or directions
  • Real examples based on the consulted projects
  • Next steps

After 3 months, the report is used by others to accelerate their projects. More people start doing consultancy for the community in a similar manner. Some of these tokenmics models are in the end used to support development. Those same models are used to fund more refinement and development of said models.

In the long term this effort would contribute to a well researched ecosystem of new models for decentralized finance.

Challenge Alignment

The challenge asks:

"How to encourage DeFi projects to seek resilience, safety, research-based economic models and critical thinking?"

This proposal aims to provide support for projects with analysis of their models. The goal is to increase the resilience and quality of those models and to provide a critical perspective with constructive advice.

It aligns with the following potential direction:

Research for open source new financial models

*** | About the Proposer | ***

Self-employed since June

I Plan to work in the direction of this proposals regardless of funding

For personal information, external reference and a visual overview:

<https://miro.com/app/board/uXjVOdUcZlU=/>

haveANiceDay to get access

Personal Motivation

I am a strong supporter of decentralized, modular and open solutions. I care about Personal Data Ownership, Freedom of Movement between (Digital) Systems and responsible, transparent use of Artificial Intelligence.

I have been actively participating in Catalyst since I joined. I want to continue to offer my expertise and do so in a more constructive manner. With this proposal I hope to directly involve those that should benefit from my efforts and fund those efforts in an accountable manner.

I chose to propose in this format because I support the collaborative spirit of the Catalyst experiment. The goal is to be of assistance to those that are already doing good work without putting any burden on them to make this happen.

Background

Basic academic background in the fields of Computer Science, Artificial Intelligence & Computational Logistics. Professional experience with software development and applied AI in the domains of Education (EdTech) & Health (e-Mental Health).

From a (inter)national, technological perspective the educational ecosystem is a fairly decentralized ecosystem. From student data moving between applications to fair assessments and accreditation of their efforts. Many of the lessons from this domain are applicable to Decentralized ecosystems like Cardano & Catalyst.

Catalyst Participation

Joined feb 2021 (during F3), participating in Gimbalabs since march, swarm since april

Current ongoing engagements:

Part of 3 Challenge Teams

No prior funded proposals

Concurrent proposals

For the sake of transparency and easy overview, below are the concurrent proposals in this funding round from the proposer:

<https://cardano.ideascale.com/a/dtd/AKI-Agile-Katalyst-Intrapreneurs/384039-48088>

<https://cardano.ideascale.com/a/dtd/Community-Consultancy-AI-Data/382539-48088>

None of the proposals rely on another proposal to be funded for success and they can function independently. I have the capacity to deliver if all 3 proposals are funded (total hours: 24-40 hour p/w, depending on the AKI-pilot team composition.

20% of the personal rewards received from either of these 3 proposals will be 'reinvested' into a buffer fund for the first Agile Team set up as part of the AKI-pilot. This is to start ensuring continued development after this initial funding round.

Community Reviews (1)

Comments

Monthly Reports

The file is a backup of Miro board that was used during a proposal update in the ATH on march 16. A fair amount of the work has been shared through engagement with other community members in Tokenomics focussed sessions. I am currently wokring on the final deliverable and presentation. The work is going faster due to more time being available than expected

Disbursed to Date
$3,840
Status
Still in progress
Completion Target
4/6/2022
Attachment(s)
Comments 0

Login or Register to leave a comment!

The project was succesfully completed. The scope increased a bit near the end as it alignes with a continuation proposal which has now been funded. There are some final deliverables which are close to finalization which have now been incorporated in more comprehensive report as part of the new proposal. This will be included in next monthly reporting of that proposal (#800279).

Disbursed to Date
$3,840
Status
Complete
Completion Target
5/18/2022
Comments 0

Login or Register to leave a comment!

close

Playlist

  • EP2: epoch_length

    Authored by: Darlington Kofa

    d. 3 se. 24
    Darlington Kofa
  • EP1: 'd' parameter

    Authored by: Darlington Kofa

    d. 4 se. 3
    Darlington Kofa
  • EP3: key_deposit

    Authored by: Darlington Kofa

    d. 3 se. 48
    Darlington Kofa
  • EP4: epoch_no

    Authored by: Darlington Kofa

    d. 2 se. 16
    Darlington Kofa
  • EP5: max_block_size

    Authored by: Darlington Kofa

    d. 3 se. 14
    Darlington Kofa
  • EP6: pool_deposit

    Authored by: Darlington Kofa

    d. 3 se. 19
    Darlington Kofa
  • EP7: max_tx_size

    Authored by: Darlington Kofa

    d. 4 se. 59
    Darlington Kofa
0:00
/
~0:00