The research will provide particular improvement proposition which are in line with Catalyst Voices and/or Catalyst Ecosystem Accelerator deliverables
The problem is that there are many DAOs these days. The idea is to research blockchains, their aspects of governance Some ideas, notions, solutions might be used in Catalyst for future improvements.
Please describe your proposed solution.
DAOs (Decentralized autonomous organizations) are important element of cryptocurrency world. In order to make Catalyst better, I think we should study other DAOs and when possible - learn some aspects, and study their mistakes, failures, and achievements. This knowledge will help to make Project Catalyst a better DAO as there is no limit to improvement
Please define the positive impact your project will have on the wider Cardano community.
Cardano Catalyst community builders need to know strengths and weaknesses of other DAOs. This will help to adjust to the needs of users and make Catalyst better
The research will be shared with Cardano community, and published on Cryptotexty site, and 15+ crypto-blogs (which have thousands of readers combined)
During the DAO study I think I will come into contact with many interesting people, whom I hope to invite to Project Catalyst
Additionally, I might think to translate the research into other languages (i.e. I will translate it into Ukrainian)
I will try to publish this research (or parts of this research) on some other crypto or related sites
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?
I have been studying blockchain industry since 2017. I have participated in Project Catalyst since the beginning in 2020. I've been in different roles in Project Catalyst. But I've also taken part in some other DAOs (i.e. - Telos, I submitted proposals, took the vote, and got funded. Other examples: Decred, Secret Network, Harmony).
I will go beyond Ethereum-based DAOs, and many other blockchains have or plan to do something similar to DAO
Also, I have studied political science for many years, and the notion of governance, power, and political systems. I have a degree in Political science, and years ago I was many times on TV as a political analyst.
Well, I used to run myself for the office, and I will run for being dRep in the future.
I think my theoretical and practical interest in DAO would be a good combination to complete this research.
What are the key milestones you need to achieve in order to complete your project successfully?
This study can become later a book, published about DAOs, so firstly I will start explaining the general notion of DAO and evolution of DAOs. Because the readers of the research might be not only our Catalyst fellows, but much broader audience.
Each DAO analyzed will be a milestone.
I will publish article about it on my resources (15+ crypto-blogs) so the community will be able to see the results of research much sooner than the final version.
I will start with these DAOs
So the first milestone will be researach of Aragon Aand Daostack
> Research of
>Research of
>Research of other DAOs
Horizen DAO and the new DAOs which emerged
>Research of other DAOs
>Research of other DAOs
Who is in the project team and what are their roles?
The main researcher is myself, but I will be happy to collaborate with other Catalyst members, especially those who submitted proposals and didn't win in this Fund (of course, assuming this proposal wins)
Also if our efforts to build Cardano company will be successful, I will have team members who will join me in this work
My Linkdein is:
https://linkedin.com/in/avoloshyn
Cryptotexty youtube channel:
<https://www.youtube.com/cryptotexty1>
Please provide a cost breakdown of the proposed work and resources.
The budget is 19999 ADA which is a moment of submitting this proposal $7837
As I have been in Project Catalyst for years, I have an understanding that this is a competitive budget so I will be able to allocate enough time to focus on this work for months
Some of the resources from this amount I might need for getting other cryptocurrencies and testing, taking part in governance in other DAOs, in other blockchains
How does the cost of the project represent value for money for the Cardano ecosystem?
This budget is tiny compared to the overall category budget of 1,500,000 ADA
and I'm confident that conducting such or similar research will bring big value for the Cardano ecosystem in general and for Project Catalyst in particular
