not approved
[BBO] Chatbot AC on Telegram - Announcing Cardano Governance Actions for ADA holder, Drep, SPO, CC
Current Project Status
Unfunded
Amount
Received
₳0
Amount
Requested
₳31,000
Percentage
Received
0.00%
Solution

We will create a Telegram chat bot that can be integrated into groups to help aggregate governance actions and notify users when there is new voting activity.

Problem

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Cardano governance needs a convenient tool to aggregate and announce Cardano governance actions. This will help increase participation and speed up the voting process.

Impact Alignment
Feasibility
Value for money

Team

1 member

[BBO] Chatbot AC on Telegram - Announcing Cardano Governance Actions for ADA holder, Drep, SPO, CC

Please describe your proposed solution

Problem Awareness: The lack of an effective notification system not only prolongs the voting process but also reduces the community’s trust in the decisions made, which can have serious consequences for the development of Cardano. Besides, we will not get the highest voting participation if we do not promptly notify voters of governance actions taking place on Cardano, which reduces the decentralization of the system.

Our solution: We will create a Telegram chat bot that will help you aggregate recent governance actions and get early notifications for new governance actions that need to be voted on.

  • Direct Notifications: The bot will send notifications directly to each user, ensuring that no one misses important information.
  • Engage participants: Timely notifications encourage users to participate in the decision-making process. Chatbots can also make announcements in community groups you manage, opening up debates and polls that help support Dreps voting.
  • Information synthesis: Bots can synthesize administrative actions in a clear and understandable way, helping users quickly grasp the situation.
  • Easy to access: Choosing a notification tool on the Telegram platform saves on platform creation costs as well as simplifies the usage process while still ensuring efficiency in terms of user numbers because Telegram is the most popular platform for blockchain users.
  • Customizable for every user: The chatbot is not just a regular notification, it is also customized according to the role of each person in the Cardano constitution (ADA holder, Drep, SPO, CC). In addition, it is also customized to notify each governance action so that you do not receive many notifications that you are not interested in.

Attract: The chat bot will be a tool to help everyone in the Cardano community know about governance actions being voted on, especially it is a necessary tool for key roles such as Drep, SPO, CC

For the Cardano community:

  • Increased transparency: Providing fast, accurate, and accessible information about governance decisions, increasing transparency and community trust in the system.
  • Increased participation: Encourage users to participate more actively in community decision-making by providing timely and understandable information.

For Drep, SPO and CC:

  • Improve work efficiency: Help community representatives access information quickly, thereby improving work efficiency and making more accurate decisions.

For the Cardano ecosystem:

  • Improve decision-making process: Help the community's decision-making process become faster and more effective.

Please define the positive impact your project will have on the wider Cardano community

Value to the Cardano Community:

  • Increased participation: Timely and direct notifications encourage users to actively participate in the voting process, contributing to making the right decisions for the community.
  • Expanding Reach: With Telegram being the popular platform for the Blockchain community, the bot will help bring notifications about governance activities to a large number of users.
  • Promoting Decentralization: By encouraging community participation, bots will help support Cardano's decentralization.

To evaluate the effectiveness of bots in increasing community communication and project engagement, we will measure:

  • Integration Group: Number of times the bot was added to a new server. In the initial phase we aim to share Chatbot to 10 Cardano community groups and the long term goal is to have 40 groups using chatbot.
  • Active Users: Monthly active users who interacted with the bot. We set a short-term goal of having 300 Chatbot users in 3 months and expanding to 2000 more after one year of operation.
  • Interactions: Number of interactions with the chat bot. We set a short-term goal of having 3000 Chatbot interactions in 3 months and increasing to 30.000 interactions after a year of operation.

Output: A chat bot that monitors and notifies Governance Actions that you can easily access and integrate into your teams.

Sharing Results:

  • Proposals: All results of the proposal implementation will be submitted to Project Catalyst's Milestone Module.
  • Products: We will introduce them to the Cardano community groups, Intersect
  • Open Access Tools: The platform will be accessible to all users in the Cardano community.

What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?

Bamboo team has the right members to meet the requirements of this proposal:

Bamboo's expertise:

  • Establishing and managing a community dedicated to researching the Cardano ecosystem
  • Stake pool operator - BBO
  • Creating an asset management application on Cardano - Bamboo App
  • Members are ambassadors for projects on Cardano such as Emurgo, World Mobile Token, CSwapDex.

Experience with Catalyst:

  • Our members have experience participating in most of the Catalyst roles for many years and have completed a proposal at fund 11 to create an onchain data reader application to help users manage assets on Cardano <https://projectcatalyst.io/funds/11/cardano-use-cases-concept/bamboo-smart-support-app-for-cardano-ecosystem-users>

For this proposal we have many years of experience creating Chat bots on Telegram and mobile applications to read data on Cardano to support our community to monitor ecosystem

  • Balance fluctuation bot: https://t.me/biendongtaikhoan_bot
  • Market price tracking bot: https://t.me/treviet_bot
  • Cash flow tracking bot: https://t.me/cardano_alerts
  • Bamboo App: <https://bambooapp.xyz/>
  • We are pioneers in providing content about Cardano governance to the community in Vietnam. Among them, we are a member of the organizing committee of the Cardano Constitution workshop in Vietnam - 1/50 events globally.

photo_2024-08-30_09-58-56-734960.jpg

What are the key milestones you need to achieve in order to complete your project successfully?

Milestone 1: Research and Analysis - 1 Month

Milestone Outputs

  • Research and Analyze Statistical Data for Required Data
  • Create Initial Project Specification

Acceptance Criteria

  • Initial Specification Document Creates Detailed Work List

Evidence of milestone completion

  • Link to Detailed Work Document

Milestone 2: Collect Data into Telegram - 1 Month

Milestone Outputs

  • Build an index to track changes in agreed statistics
  • Integrate Telegram with index database via API

Acceptance Criteria

  • Index is tracking all statistics
  • Integrate with Telegram is live and test push notifications to Telegram from indexer
  • Bot link, and configuration of Cardano admin action notification bot on Telegram

Evidence of milestone completion

  • Video showing command line interaction to track indices
  • Can provide access to test channel or provide video showing notification in action on Telegram

Milestone 3: Chat bot development - 1 Month

Milestone outputs

  • Filter appropriate data and provide full visibility
  • Set up roles to receive appropriate notifications
  • Set up group add capability for users
  • Continuous testing and debugging

Acceptance criteria

  • Complete bug fixes and finalize chat bot
  • Telegram chat bot allows users to receive notifications, make calls, add to groups

Evidence of milestone completion

  • Video demo of chat bot functionality.
  • Integration, development and debugging process statistics table

Final Milestone: Deliver Product - 1 Month

Milestone Outputs

  • Deliver the completed chat bot to the community and marketing efforts
  • Create a comprehensive project report
  • Create a comprehensive project report video

Acceptance criteria

  • Detailed documentation on how to use the chat bot and a troubleshooting support channel for users
  • Chat bot is working properly
  • Complete a comprehensive project report
  • Complete a comprehensive project report video

Evidence of milestone completion

  • Link to user manual and support channel
  • Link to a working chat bot
  • Link to a comprehensive project report
  • Link to a comprehensive project report video

Who is in the project team and what are their roles?

1.Do Duc Chau - Team Leader

Link: https://twitter.com/DucChauB

Description:

  • A Blockchain technology enthusiast, with deep understanding of programming, data analysis. He is operating many nodes such as: BBO pool, running Mithril technology, Sanchonet, ENO of World Mobile Token, Orcfax Validator Licenses, ….
  • Has 5 years of experience in data analysis and chat bot development on Telegram
  • Founder of Cardano ECO Talk community | Tre Viet is a large community about Cardano ecosystem in Vietnam.
  • Ambassador for Emurgo organization on education

2.Chu Cao Bang : Technical

Link: https://t.me/ccaobang1210

Description:

  • He has 4 years of experience in data management at a financial company combined with 4 years in the hardware field and 3 years managing the Cardano stake pool.
  • He is capable of working independently and quickly adapts to new working environments and is always eager to learn new technologies. His skills are good in data management, information security, system administration and website development.

3.Le Quoc Trung - Researcher and product introduction

Link: https://www.linkedin.com/in/trung-le-quoc-711b25288/

Description:

  • An entrepreneur with 3 years of experience in the blockchain field, possessing good research and analysis skills along with extensive knowledge of blockchain.
  • Administrator of Cardano ECO Talk Communities | Tre Viet.
  • CswapDEX project ambassador - the 2nd largest NFT exchange on Cardano.

Please provide a cost breakdown of the proposed work and resources

The majority of the budget is used to pay for full-time staff in Vietnam at a salary of $7/hour, equivalent to 20ADA/hour. We consider it appropriate compared to the average developer salary of $60 - $120/hour.

Milestone 1: 1 month

2 people x 100 hours x 20 ADA/hour = 4,000 ADA

Milestone 2: 1 month

3 people x 150 hours x 20 ADA/hour = 9,000 ADA

Milestone 3: 1 month

3 people x 150 hours x 20 ADA/hour = 9,000 ADA

Final milestone: 1 month

2 people x 100 x 20 ADA/hour = 4,000 ADA

Other costs: 5,000 ADA

Including:

  • Proposal management and implementation 50 hours
  • Costs before the proposal start time
  • API fee, data storage for 2 years
  • ADA price risk reserve
  • Additional costs

Total budget: 31,000 ADA

(Exchange rate calculated at the time of proposal submission $0.35/ADA)

No dependencies.

How does the cost of the project represent value for money for the Cardano ecosystem?

Proof of salary: Most of the costs are paid to the app developers (tax included). This salary is in line with the salary of experienced programmers in Vietnam. You can refer to the average salary table here. With this proposal, we have optimized costs by choosing to pay full-time human resources costs in Vietnam at $7/hour equivalent to 20 ADA/hour (exchange rate 1 ADA = $0.35). This salary is relatively low compared to blockchain developers in the world.

Cost efficiency and budget management: With experience in capital management and a team of experienced personnel from previous projects, we ensure the effective and responsible use of resources. Sponsoring us will help save costs:

  • Search and recruit personnel with programming experience in blockchain
  • It doesn't take much time to learn and research
  • Office rental costs and equipment purchases

Value for Cardano:

  • By creating a chat bot on a popular blockchain community platform, it will facilitate better Cardano community interaction, thereby promoting more effective adoption and participation for Cardano governance actions. This will contribute to increasing voting participation, increasing the ability to decentralize, and it also contributes to speeding up the voting process, helping to implement proposals faster.

Risk Mitigation:

  • As Cardano investors, we believe in the real value of ADA so we are willing to take the monetary risk of being paid in ADA.
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