Please describe your proposed solution.
The Project Catalyst is globally growing at an amazing speed. It helps fund those with excellent ideas to deliver on the Cardano blockchain through communities with a completed decentralized and consensus voting cycle. Having participated in Catalyst for several funds, we also recognized that there are still some existing problems.
Problems:
- Information involved in Project Catalyst (e.g., proposals, proposers, groups, voting, and funding) is continuously changing; it’s hard to stay caught up.
- Information is updated and disseminated through many different channels, which may overwhelm users. Referencing information from the past is also difficult. For example, can you find "the official voting results of fund 6” (which ended years ago)?
- It is very hard to find the right information without investing lots of time in the search.
Our solution: A Project Catalyst chatbot. The Chatbot is able to answer frequently asked questions and provide Project Catalyst-related information (such as proposals, proposers, groups, voting, and funding).
How the chatbot is implemented:
The chatbot will be iOS and Android apps.
The benefits of the chatbot:
- Save time and effort: Users will be provided with the right answer immediately, saving them time and effort in the search. The chatbot is supported 24/7 at any time.
- Reliable information: the chatbot will provide reliable information. Users do not need to look for sources of information (e.g., asking someone in a group chat that may not be reliable).
- Provide guidelines: How can you find a proposal in the past that you remember just a little bit of its information? Through QA, the chatbot will guide you to find the right answer.
Who will benefit?
Anyone outside or within the Project Catalyst communities, such as newcomers, can look at frequently asked questions to learn more about Project Catalyst roles like Proposal Assessor (PA), veteran Proposal Assessor (vPA), Proposers, voters, SPO, NFT, etc.
Anyone who wishes to convey their idea to become a proposal, go through the voting cycle and deploy on the Cardano blockchain if approved for funding but is limited in information and unsure where to start. The Chatbot AI will propose a range of past proposals similar to the ideas or asked keywords that the potential proposer is exploring. This is the ultimate assistance from Chatbot AI, so the proposer can possibly get on with the proposal forming quicker.
Please describe how your proposed solution will address the Challenge that you have submitted it in.
This proposal is aligned with this Challenge's KPIs as follows:
"Increasing the number of dapps and products available for the community to use that help to enrich the ecosystem with new use case"
Answer: The chatbot is a free mobile app that is available for the whole community to use. Even a new user can understand the Project Catalyst ecosystem thoroughly just by querying the chatbot. Surely, it will increase users' engagement with the Catalyst community, thus enriching the Project Catalyst ecosystem.
"Increase the number of integrations that bring existing solutions together for a more seamless and connected experience between different product"
Answer: Currently, information is disseminated through many different channels, which makes it hard for users to follow. The chatbot will bring these pieces of information together in one place where people can query the information they need right away.
"Increased quality of existing products & integrations through suggested improvements that is supported by customer feedback or increased usage by the community"
Answer: With the help of the chatbot, it is certain that it will increase the usage of the whole community.
What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
Risk 1: The biggest challenge is to understand the users' intentions behind their questions.
Solution: we will implement the state-of-the-art natural language processing AI algorithm to train our chatbot.
Risk 2: The database of the chatbot needs to be updated frequently to catch up with Project Catalyst's latest information.
Solution: we plan to hire a person who is responsible for keeping the database updated. We are also thinking about a feature that would allow an administrator to update the database through the chatbot itself.