Please describe your proposed solution.
Hey there and happy Fund 9 :)
In this proposal we will introduce the Catalyst Swarm Bounty Board Experiment. We believe that Bounty Boards provide some massive opportunities to emerging DAOs & Community Projects which are building on Cardano.
And there we go
What is a Bounty Board
A Bounty Board is a public Board with open tasks. Tasks can be open to specific individual roles ( like discord roles ) or open to everyone. The Tasks are mostly related to rewards which are distributed once a task is done. The Tasks themself can represent various activities. Bounties are mostly small tasks which can be done in just a few hours, however, with adding multiple sub-tasks, a bounty can become a whole project on its own, the use of bounties often finds its limit in the Bounty creator's creativity only.
Why it is important
Community engagement & interaction is key for the heatly growth of DAOs & Communities, however there is a lack of tools, systems and processes to incentivize and reward project contributors in an easy and auditable way. Bounty Boards allow a wider participation and an easy trackable contribution on which rewarding systems can be built upon. Bounty Boards help to outsource work, to increase participation and to
Dework
The Catalyst Swarm currently uses the Dework Platform for project management & Bounty Boards. Dework is a platform on w3, currently bridged to the Ethereum Blockchain. However, Dework allows us to have first hands-on experience & practice which can be used to develop Bounty Boards on the Cardano Blockchain
Our Goal
Explore and establish a Catalyst Bounty Board linked to a treasury & accounting system
Gathering experience & best practises for DAO Tooling & usecases
Knowledge sharing amongst catalyst community projects
Improve and evolve bounty board, DAO tools and platforms
Provide high quality insights and experience to projects in the Cardano Ecosystem building DAOs & DAO Tools
Please describe how your proposed solution will address the Challenge that you have submitted it in.
DAOs rely heavily on its contributors and the quality of their work. Yet, there is a lack of tools and platforms which allow to engage and reward community members outside of core teams in a fast, safe and motivating manner for their contributions.
Bounty Boards have the potential to unlock next levels for DAOs & Communities and to create new incentivisation models to increase the performance of project developments, social dynamics & community engagement
Here some examples how Swarm experiments & explores Bounties
Events:
Bounties can be used to motivate & recognize community members to participate in workshops, events and sessions. The Bounties are set up as a “multiple submission” which allows several people to participate in one single bounty
Examples:
Swarm Sessions ( Event )
<https://app.dework.xyz/catalyst-swarm/catalyst-swarm-bount?taskId=0504be6e-c0ba-4fbb-9e2d-58c0f390cacb>
InsightFest ( Event )
<https://app.dework.xyz/catalyst-swarm/catalyst-swarm-bount?taskId=81d642f1-9f7f-4741-b763-151ff96e0647>
After Town Hall ( Event )
<https://app.dework.xyz/catalyst-swarm/catalyst-swarm-bount?taskId=53a22193-6344-4831-a18d-e19a58f8d6a4>
Roles & Processes
Bounty Board can help to experiment & improve processes. In our case a first example on a serie of bounties which aims to increase the experience & education of important Catalyst Roles
Example:
Bounties also can be used to design whole processes and support the Catalyst funding rounds at its phases and roles
Proposer Support
Co Write Proposals
Experimenting with bounties to effectively & collaborative Co- write Proposals for Project Catalyst.
<https://app.dework.xyz/catalyst-swarm/catalyst-swarm-bount?taskId=dbdc4f37-2b1b-420d-8bc5-bb1011ee36d6>
Assessment & feedback support
Pre Assess Proposals
Setting Bounties and to incentivize the Community to review finalized proposals before submission phase to allow proposals stronger feedback & input for their Proposals
<https://app.dework.xyz/catalyst-swarm/catalyst-swarm-bount?taskId=3d516add-1b9e-407d-bd6c-1469350c6a7c>
Review Pre Assessments
Allow experienced Community members to review pre assessments and to give constructive feedback to assessors
<https://app.dework.xyz/catalyst-swarm/catalyst-swarm-bount?taskId=68eac59a-a52b-4498-bcfd-c8b7288e5e29>
Example
Using Bounties to engage community contributors by offering easy tasks with great outcome
Timestamping Community Event Recordings
Example:
<https://app.dework.xyz/catalyst-swarm/catalyst-swarm-bount?taskId=a049895e-ae4a-4421-920d-8bc376fcb02b>
An additional feature we explore is to support and to collaborate with other projects via Bounties.
Swarm Bounties for SingularityNet
<https://app.dework.xyz/catalyst-swarm/catalyst-swarm-bount?taskId=b9bfa30a-5c95-4152-8b0a-678e995507c2>
Swarm Bounties for NFT Guild
<https://app.dework.xyz/catalyst-swarm/catalyst-swarm-bount?taskId=c9828c98-1309-41bf-834d-f970c6602428>
Contributions & Contributors ( & reputation ? )
Linked to a token, in our example with the Gimbalabs gimbal token, a bounty board provides also an effective opportunity to track & document contributions on chain. Based on the contributions, a contributors board is emerging which displays & proofs contributions from the engaged community.
Reputation & meritocratic systems
As our system tracks contributions via recognizing community engagement via token, we are able to design first rails of achievement & proof of engagement.
Example:
Task is rewarded with ~200 tokens
Contributor earns ~4000 tokens
Earned Tokens unlock x amount of “contributors token”
“Contributor tokens” are able to mint Contributors NFTs
“Contributor tokens or NFTs” are able vote on project decisions
Treasury & Accounting
Linked to a treasury system which the Treasury Guild develops in collaboration with the Catalyst Swarm, we are able to track & proof contributions on chain. The now developed systems are still at its very beginning and further development will increase the impact & scalability of the developed treasury & accounting tools and systems.
All transactions are tracked on:
Github <https://github.com/treasuryguild/Catalyst-Swarm>
Gitbook <https://treasury-guild.gitbook.io/catalyst-swarm/>
Discord <https://discord.gg/6jk8mVuYqA>
We do not think that Dework is THE Platform to which we will stick for years. However, the currently used Platform allows us to have hands-on experience and the possibility to develop bounty systems in action with real resources & real impact.
Maximizing Insights
As we keep a detailed track & documentation of executed bounties, we are able to get a first impression on emerging categories & patterns and to generate strong experience on Bounty potentials & use cases. By implementing our Bounty Board tools, platforms and services to local communities we are able to sensor authentic needs & use cases for Bounties & emerging systems.
Documentation on sheet
https://docs.google.com/spreadsheets/d/1p9UND-IUIrpsXGXKk4H_dFyKchaKnCTvhMzeE8tLL9g/edit?usp=sharing
Maximizing Impact
The experience and knowledge we earn is shared to other projects and swarm invests a serious amount of time to ensure that other communities have a direct & easy access to our experience. The Bounty systems which Swarm explores are introduced to close collaborators such as the Catalyst School, the Eastern Town Hall & the LATAM Town Hall Teams.
Catalyst School Bounties on Swarm Bounty Board
<https://app.dework.xyz/catalyst-swarm/catalyst-school-task>
Introducing Bounty Board & Gimbal token system to the LATAM Town Hall Team
<https://app.dework.xyz/catalyst-swarm/main-project-2058?taskId=52385b61-3b3b-43e8-b7a2-00893dd4425b>
<https://discord.com/channels/832894680290951179/973497013519925278/990839248078905415>
Introducing Bounty Board & Gimbal token system to the SingularityNET Ambassador program
https://www.youtube.com/embed/6F4kWBlhPFI?start=&list=PLAJnaovHtaFRqH70o3L6s4WbqAJh1Jjmg&index=8Introducing & implementing our experience to other communities allows us to create an amazingly effective experience in which very different groups & projects use the same tool sets & platforms. This generates a maximum of diversity, and by keeping strong communications between the groups we are able to provide very effective feedback loops & accelerators.
Based on those insights, we are able to gather valid data and experiences to develop Community Bounty Boards on the Cardano Blockchain. To avoid duplication of effort and to maximize a collective development, we aim to communicate & collaborate closely to projects which already invest time and resources to DAO developments on the Cardano Blockchain. ( Such as Snapbrillia, ADAO & Gimbalabs )
Gimbalabs
<https://gimbalabs.com/gimbalgrid>
ADAO
<https://www.theadao.io/>
Snapbrillia
<https://www.snapbrillia.com/>
To wrap things up.. We heavily experiment & explore different options on how Bounties could be implemented in Cardano DAOs, Communities & Projects, however, we do not have any real resources to maintain & focus on further development of the bounty board. The current resources for the Bounty rewards are coming from the Catalyst Swarm [SWARM] Stake Pool who generates ~300/~400 ada per epoch. This proposal aims to enable additional resources to improve & boost the experimentation of Bounties and to provide strong insights and real impact to projects which are building DAO structures and tools on the Cardano ECosystem.
The envisioned outcome of this proposal are strong insights & experiences on how to build DAO structures & Tools. Based on those Insights, we are able to generate blueprints and playbooks of best practices and to provide effective support to our DAO Building Cardano Community :)
What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
Bounty Boards and open tasks require a high level of coordination and it might become difficult to moderate & coordinate Bounty Boards while scaling up
Educating Bounty Board Coordinators is our way to mitigate those risks. We will spend all needed time to onboard and educate project & community leaders to dework and to ensure that the platform and related tools can be used to its maximum :)