New research being completed:

Smart Accounting Systems implementing Natures rights

"A digital twin allows for transfers between natural entities. The case study is an explanation of the current rules and regulations interpretted through the lens of an hypothetical blockchcain implementation. Attached are two flow charts that document a case study on forestry activity in NSW Australia. The second graph shows how with blockchain an alternative system can be designed that gives more rights to a forest which can then protect its own inhabitants like koalas."

This model is a tokeneconomics model and will be the basis for a local currency using the Cardano blockchain.

We've now processed two podcast interviews, established 2 more to record, and then set up accounts for distribution. We participated in both of the UTXO alliance technical and content working group meetings, of which we lead/chair one. From this perspective, we have the next lineup of people to interview and share research about.

Additionally, we are well on the way to completing the scheduling and logistics details of our conference, called Chainscience. THis has been a collaborative effort and it will call for academic papers from UTXO communities and beyond.

Since last report, we've added more basic analytics charts/ plots, more filtering options, improved the UX.

For the Analytics tab we are in process of creating a new view, so that we can render the analytics/ charts and plots in more aesthetically pleasing way. We are also working on improving the overall look of the dashboard.

Milestone #1 is nearing complete, which means the functions for minting NFTs for the purposes of this project are finished.

Since the last meeting we've had 4 meetings with the UTXO Alliance members which represents a spectrum of the cross-chain industry for UTXO based blockchains. The key focus is how to advance UTXO technology and how to connect UTXO based chains. One technical presentation was given on the research done between Ergo and Cardano via the Rosen bridge.

Some notes:

"Bridges fail because they are very complicated -> "technical specification" simple in principle but very complex to achieve lot of Attack vectors, like weak crypto libs Complexity of bridge b/w N cryptos is N^2 KISS, decentralised watchers/guard set No SC on other chaines -> based on TMS wallet on other chains reduced attack vector Ergo centric => Linear expansion complexity Categories of verification in bridges: Destination chain is SC Based, source chain has a proof of lock -> SPOF Indirect verification Optimistic -> Oracle updates posted in destination chain, which can be contested -> liveness problem"

From a content side of cross-chain, we've established interviews with other UTXO based chains to understand how we can help navigate a cross-chain or cross-technology sharing of UTXO based ideas. TOPL is the next chain we are working directly with here.

Since the last report, we've updated our advanced analytics area.For the advanced analytics, we improved the accuracy of fundability model, added a few more useful analytics related to chances of proposal getting funded. Functions for these analytics are ready and we are implementing the API to integrate it with dashboard to show useful plots.

Separately, we have added the twitter data that has been collected from the cardano ecosystem to the database and have implemented most of the analytics related to the twitter data. Again we are in process of converting it to APIs to link it with frontend.

Milestone #1 is completed and a short walkthrough video is being recorded. This video will show that the connection to the enterprise private cloud server is functional and that it is capable of doing functions from that server.

We've had the internal meetings for organizing the next step forwards and completing the milestone updates. We are nearing completion of milestone #1 which includes an "Enterprise Private Cloud" combination with a Cardano node. This was a technical infrastructure backend which was completed by Wolfram backend technical team.

This month we completed plans for launching our Podcast and we've successfully interviewed two members of the UTXO Alliance. This is directly playing into our Cross-chain framework so we can help conduct research on UTXO based smart contract platforms and advance the space for all who use it.

We've had 4 direct internal meetings and several indirect internal meetings to move forward on the next step of our milestones. One interesting observation is that our external partner on this project, Shaun Cumby and Arxnovem, is noticing a change in the market for fundraising because of the FTX implosion and a lack of liquidity/tightening.

Additionally, we've completed the functionality of "MintNFT" as part of our first milestone, so that will be ready to share proof of achievement soon.

Part of our Governance Analytics project is providing an outlet of the research we're doing on Catalyst. This research revolved around quantifying the voting power of participants in Fund 5 of catalyst. The research was shared in a free, public study group webinar. This helps us create a cycle of researching, producing, learning, sharing and gathering feedback. We expect this cycle to accelerate. I will share a link to our webinar, accomplished November 14-18th

Presented via webinar, we shared research about Oracles and cross-chain frameworks to a public audience. This webinar expanded upon the research we've done in the past few months to detail how to think about cross-chain solutions from a wolfram perspective. This webinar goes into some of the learnings in a digestable format which may help the community understand how and why cross chain is thought about and how oracles can be implemented in Cardano and more broadly in blockchain ecosystems.

RealFi research was shared in webinar form this month to a public audience. The focus of this research was on mutual credit currencies, which is useful in helping communities launching a token understand how they should think about their tokenomics, supply/demand, and incentivizing actions. The core takeaway from this research was that scarcity in money is unnecessary and possibly even detrimental to boostrapping an economy.

Since our last report, we've populated the database and the analytics dashboard has begun to flow through with data. On our user interface dashboard, we can start to see holistic views of catalyst and individual proposals. This enables our ability to give and get feedback to a wider set of internal users, and soon to external users.This will allow us to complete our first round of feedback surveys which will really accelerate our ability to cater directly to the community needs. Importantly, it reveals what type of data we do not have and what type of data will want to gather from various sources to make a more robust platform.

We've added an additional index for tracking important information about the cardano community and catalyst community. We've created the basis of a "sentiment" tracker index of cardano community using social media data and wolfram langauge machine learning to analyze the current sentiment of different things; price signal, technical upgrades, important community conversations, or what influencers are talking about. This is an important metric that we are looking to develop more over time, which will help us understand the general conversation of cardano from a high level, and then "zoom in" on particular conversations and when/where they started.

Since our last report, we've begun populating the database and analytics dashboard with Catalyst data. This next step of the process is exciting because it gives us the actual data to work with in a user interface dashboard. From here, this enables our ability to give feedback to the technical data team about things to update, it allows us to learn some important things about project catalyst and explore the data in different ways, and it will allow us to complete our first round of feedback surveys which will really accelerate our ability to cater directly to the community needs. Lastly, it reveals what type of data we do not have and what type of data will want to gather from various sources to make a more robust platform.

Created a prototype of multi-chain random number oracle use case across EVM and Cardano EVM using Milkomeda. The point here is to demonstrate how to take a random number generator that is unique to Wolfram Alpha, in this case it's the Rule 30 Cellular Automata, and call it into an a Solidity smart contract so that it can be found on chain. From there, we'll relay that info across chain using Wolfram notebooks and activate an event on Cardano.

This month we have been making the model more realistic by looking at real mutual credit networks, and working on the incorporation of realistic parameters for Model 1. The agent based model for the mutual credit will also be a basis for the other two models. Priority on model 1 is to see how different network structures, can support a circular economy, or not. The model is ready to begin Monte Carlo simulations on different network structures based on different parameter sizes.

We have also begun the design of a Resource-Event-Agent accounting for our model 2 where nature has rights, and where a forest can issue its own tokens based on the health of its biodiversity.

Model 3 UBI application has begun a literature review, for those token systems with a UBI.

Last month we shared the technical details of the model and now sharing the writeup.

The idea here is to agent based model a token ecosystem using mutual credit. This design is interesting for maintaining robustness of an economy through keeping value internal via mutual credit.

Current Work to date on paper: Write up of the Problem and Solution for paper 1 (60% complete) Mathematical Model Design (100% complete) Baseline Model (80% Complete) Complete Model (40% Complete)

Since our last report we've begun the component designs of the application, populating the database with relevant information, and will begin producing analytics to populate the application. This step, as will be shown in the upload portion of this form, demonstrates where we are in the timeline of milestones. Last time we shared the near completion of the Banzhaf Power Index, which was a community driven effort to measure the voting power within Project Catalyst. That metric took some time to complete because of the nuances, but it's now in a mode where it's ready to do the next set of calculations. Additionally, a research paper was finished to go along with that metric, which will appear in our dashboard.

We've also collected social data from relevant sources about Cardano, Catalyst and intend to use it as a sentiment index and other news sharing sources. This process has been on going for the past month and we've reached a point where the data prototype has been collected and ready to take to the next step.

We expect the dashboard to be finished prototyping in mid November.

Last report we shared the complex Banzhaf Power Index. Since then, we've completed the full paper report which will be shared with the community soon.

The broader context for developing that metric is to be included in an analytics dashboard, of which this metric is one. So the progress from last month includes a list of possible analytics that we've generated and need to answer with the accumulation of more data.

Attached in the upload is a list of examples (non-exhaustive) of the types of ideas we're working with and aspects of the analytics that we're currently missing.

We have a research paper written and educational slideshow that details the landscape of cross chain communication specific to Cardano. The point here is to educate the community about how, what, and why the current cross chain infrastructures exist and to inform ourselves how we might add value with our own cross chain service.

We had two meetings with a team to help us understand the layout of Cardano's cross-chain ecosystem. The next step is to interview and record content with some of the key players in these businesses.

Another new direction that has come up is "off chain to on chain" bridges. This is essentially the oracle problem, how to bring real world data into blockchain smart contracts. The point of the work here is to focus directly on the problem and leverage our current infrastructure to send and receive messages from Bitcoin, Ethereum, and Tezos onto Cardano.

About the research and model summary:

Model Summary:All members are token issuers and each can mint and burn tokens according to monetary policy rules. By decentralizing the issuance process across all users access to tokens is democratically distributed, rather than scarce. Reciprocity constraints require individual agents to ultimately burn as many tokens as they issue on average over time. Our hypothesis is that this process should enforce matching and clearing of trade deficits and surpluses, keeping a circular economy growing with no monetary constraints. An agent-based simulation is being built to test this hypothesis.

The simulation will have a baseline economy with multiple firms, various network structures of inputs and outputs, a single labor force and a single bank that provides centralized money and credit. Once the baseline is built (we are 80% through this build), we will add an endogenous crypto currency that firms can produce in a decentralized and distributed manner which will compete with bank money as a funding source for inter-firm trade.

As a by product of this project, we've been participating in a community led research paper on the voting influence within Project Catalyst. As such, we've taken the responsibility to write the details of how to measure voting influence and develop an analytical tool for calculating a measure of influence. It's called the Banzhaf Power Index. More details will be included in the "proof" input form.

We have to phases in progress here: Backend and frontend. Backend completion steps and dates are as follows:

Backend Database Schema Done Database Tables Done Data Preprocessing 19th Aug Populating Database 26th Aug Analytics 16th Sep GET operations and APIs 5th Oct Visualization 14th Oct Testing 28th Oct

Frontend completions steps and dates are as follows:

Frontend Wireframe In Progress Figma 26th Aug Components design 9th Sep Placement of components 16th Sep Responsive design/mobile view 5th Oct Intearactivity between components 12th Oct Linking with Static data 21st Oct Connection to API 28th Oct Testing 4th Nov

As part of our dive deeper into Cross-Chain frameworks within Cardano and the greater blockchain landscape, we've consulted with experts from Aktary Tech to help us hone in on the key issues. They've developed bridges across a number of blockchains and bring a ton of experience. In part for our own development, learning, execution and education, we also see the collaboration with development firms like Aktary to be beneficial for the Cardano ecosystem. This is a strategic partnership for work and we're excited to see that work begin this month.

The attached is a simple bridge to transfer messages across chain within our Wolfram Language framework

The attached is the research outline for project #1 and workshop #1

The attached is a formal definition and function used to calculate the Banzhaf Power Index, an important metric and Index to determine the influence in governance systems.

We are making progress in doing a production level relationship database between all collected data sources from Catalyst governance and available data. The next steps will be finalizing the database structure and then analyzing and creating APIs for front end usage.

Attached is a list of areas that we have identified as advanced analytics that will be attempted for creating dashboards. Not all are doable based on the data that's available, but we will collect the directional initiatives and make a case to request that data from IOG when the time is right.

The attached pdf shows the basic template for taking an example Tezos NFT and converting to Cardano standard NFT with Wolfram Language.

In the attached file is a list of data sources pulled from the Catalyst community. It has been reviewed by several important community members to help verify that we have all of the community available data provided from the Governance process. One section takes the data from the funded projects tracking spreadsheet and begins analytics work. The bottom portion is devoted to key questions we'd like to continue to answer.

As part of the research and workshops initiative of this proposal, Leanne Ussher is completing the first workshop on "Reimagining DeFi to RealFi" and sharing a 5 day study series on reframing our economic understanding of blockchains. This will be available for sharing upon completion in early July 2022. This represents the introductory research to understanding how blockchain technology can be reframed so that society can direct it's use cases to the highest potential.

Wolfram Cross-Chain collaboration held its first research session last week in an after Town Hall breakout room. We are collecting community feedback and using it to share reports to the Catalyst community. This is on track for our project planning.

The research papers and workshops are being produced currently. Our first iteration will be completed in June 2022 and will complete the first workshop in progress.

We have conducted four (planned for three) research and community feedback gathering meetings on the Governance topic and continue to be meeting in other Catalyst domains on this topic. This is one part of our proposal that has been completed.

The Impact Dashboard project builds on top of another funded project within Fund 8 called Wolfram Governance Analytics. The data pull for that proposal will flow through to the dashboards used here. We have begun the next step conversations for completing this project.