Please describe your proposed solution.
Pre-funding
Sustainable ADA has been focused on Impact Measurement since fund 6, and the team has past experience with in-depth universal impact assessments like the SDG, B-Impact, and GINN assessment including many others.
During Fund 6:
With the Cardano Aim team we helped with the research of adding SDG ratings to proposals in the Catalyst ecosystem.
Add SGD Ratings to proposals: <https://projectcatalyst.io/funds/6/f6-partnerships-for-global-adoption/add-sdg-ratings-to-proposals-aim>
Research in Applying Frameworks: <https://projectcatalyst.io/funds/6/f6-partnerships-for-global-adoption/research-in-applying-frameworks-aim>
During Fund 7:
Sustainable ADA during fund 7 did research to evaluate and look at different Impact measurement frameworks to find what works best for blockchain technology. We also did research on creating a token called the Sustainable Goals Token and the idea was to create a research based framework and platform for impact investing, monitoring and evaluation.
We created a white paper for both the Impact Measurement Tool & the Sustainable Goals Token:
Impact Measurements Tool White Paper : https://www.canva.com/design/DAFC7zRNrdg/em1s_yQDnNU6sPW6KJ8hnA/view?utm_content=DAFC7zRNrdg&utm_campaign=designshare&utm_medium=link&utm_source=publishsharelink
Impact Measurement Tool: <https://projectcatalyst.io/funds/7/f7-improve-and-grow-auditability/impact-measurements-tool-research>
Sustainable ADA Goals Token: <https://projectcatalyst.io/funds/7/f7-miscellaneous-challenge/sustainableada-goals-token-research-5d5d2>
During Fund 8:
Partnership Generation
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https://projectcatalyst.io/funds/8/f8-cross-chain-collaboration/cross-chain-impact-lead-generator
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https://projectcatalyst.io/funds/8/f8-business-solutions-b2b-and-b2c/community-lead-generation
Onboarding new Users:
During Fund 9:
<https://cardano.ideascale.com/c/idea/64495>
Creating the Impact Measurements process and Tool for companies to help define KPIs, measure, verify and report them, with a focus on SDGs impact.
<u>Post-funding:</u>
Post funding we are going to be taking the steps to research and develop a DAO framework for the Impact Web3 ecosystem. This proposal will allow us to take the proper steps in developing a decentralized community around impact measurement, investing, and verification.
Through this integration, we will be working with partners from outside the Cardano community. We will be bridging the Talk to Loop platform with our Proof of Impact Platform on Cardano. Incentivizing impact evaluators and data integrity at origin, giving the most vulnerable a means to be heard.
We will be researching how to best create this DAO and integrating the first stage of development to move toward a completely decentralized impact community.
In this first stage, we will be creating a Token for DAO members. This will be an NFT called the "Domino DAO Founders Pass". This will give members lifetime access to DAO activities. Over time we will allow for the burning and minting of the DAO Founder Passes and after we have created a pool of founders we will move into a New "Member DAO Pass".
As we expand to larger groups of members and new opportunities, this will also enable us to test new tools and scale the community in a way where all members have a voice and we are able to support all impact investors, and evaluators entering our ecosystem.
We want the Domino DAO to be the perfect place to onboard new users to Cardano and we believe by taking the proper steps in expanding this community we will be able to effectively reach this goal. This will be an organic growth method and allow us to efficiently and effectively scale our community for success.
What is Domino DAO?
Domino DAO (DD) is a decentralized autonomous organization (DAO) aiming to provide a governance system for the Proof of Impact Platform. and employ a diverse and locally based group of Impact Evaluators, with a focus being on community and grassroots led action.
Domino DAO will facilitate PIP governance, helping create rules and incentives for the platforms and equipping users and stakeholders with useful tools. The DAO will govern and manage the platform's token, which will allow token holders to participate in the platform's decision-making process.
What the Domino DAO will offer:
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Platform governance: Domino DAO will create the rules and incentives for the Proof of Impact Platform's users and stakeholders.
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Governance token management: The DAO will create and manage the platform's governance token, which will allow token holders to participate in the platform's decision-making process.
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Community management: The DAO will manage the platform's community, including social media, forums, and events.
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Community Education: Education for community members and access to all our Impact Web3 Products and tools
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Impact Evaluation Certifications: Project Based Learning (PBL) course and certifications for Impact Evaluations
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Opportunity to make the world a better place: Work in a decentralized community where you have the say and can make a difference in the world through the power of collaboration.
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Impact Investing community: Foster a community of impact investors and through the Domino DAO and PIP create an easy investor-to-investment relations ship
Why do we need a Domino DAO?
The goal of the DAO is to create a local and global community of impact driven people, evaluators, entreneurs, activists and investors. Helping create a vibrant and inclusive community, focused on funding, growing, and rewarding impact projects and teams, investors, and evaluators.
The Domino DAO will act as a central base for the PIP and Sustainable ADA community. It will be a community hub where anyone from anywhere in the world can contribute and get compensated through the PIP token and other community incentives for participation.
Why include DIDs, Certified Credentials, & Impact Evaluation certifications
We will be researching a Project Based Learning education framework. A course and mandatory certification for anyone to become a 3rd party impact evaluator, enabling individuals to access a new income stream and develop digital literacy and employable skills for the digital economy.
- This will allow evaluators to work for the Domino DAO and be third-party evaluators for project we track the impact of through PIP.
- This opens up an employment opportunity but also will allow for evaluation in the future to be even more green wash proof.
Integrating with Proof Space:
We will be talking with the ProofSpace team to integrate their services into the Domino DAO community. This will enable us to enhance the capabilities of both our impact investors and evaluators.
How this will help DD?
This integration with Proof Space would allow for us to create DIDs and verifiable credentials for our community members and allow for identity to be wrapped into the Domino DAO ecosystem. Allowing evaluators to earn certifications for their impact evaluation experiences, and to connect verifiable IDs to our impact investors. Proof Space will allow us to build, validate, and scale a decentralized identity solution into the DAO community for Impact Web3.
This integration of Proof Space will allow our decentralized community to have:
Multi-level identity
- Allows us to issue different levels of trust and put a verifiable qualification to the impact evaluators in the DD community. This will allow our community members to obtain a reputation and be held accountable.
Stronger Decentralised Governance
- We will be able to implement better governance frameworks like a DAO trust registry and allow community members to hold recognized roles and give them decision-making power.
Enable Anonymity
- Integrating selective disclosure and ZKPs will help us preserve member privacy and make stake holders retain higher levels of trust when interacting with the DAO ecosystem.
Target Market for Domino DAO:
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The Domino DAO is designed for blockchain enthusiasts and impact investors who are interested in decentralized finance (DeFi), regenerative finance (ReFi) and governance, including:
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Blockchain developers can use the Domino DAO to build decentralized applications and protocols that are governed by the community. The platform provides them with a secure and transparent framework for developing and testing their projects.
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DeFi / ReFi investors can use the Domino DAO to invest in a range of projects that are governed by the community. The platform provides them with access to a diverse range of investment opportunities that are impactful, transparent and secure.
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Governance experts can use the Domino DAO to contribute their expertise and insights to the community. They can help to shape the direction of the platform and ensure that it is governed in a fair and transparent manner.
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Crypto enthusiasts who are interested in decentralized governance and finance can use the Domino DAO to participate in a community that shares their interests and values. They can contribute to the growth and development of the platform while learning about the latest trends and innovations in the space.
Institutional investors can use the Domino DAO to invest in a range of projects and protocols that are governed by the community. The platform provides them with a transparent and secure framework for investing in an equitable and sustainable future, where people and planet come before profit.
Integrating Talk to Loop with PIP & Impact NFTs:
Problem:
“Blockchain technology can’t solve for the human factor. If someone inputs garbage data onto a blockchain, that garbage is recorded forever and can inadvertently become a flawed source of truth. Thus, an analysis of data hygiene is a critical precursor to any blockchain deployment.” – Sheila Warren, Platform Head – Blockchain, Digital Currency, and Data Policy, World Economic Forum.
Why this approach?
In order to address the challenges of ensuring data quality and providing a means for those underserved and unheard to be heard and included, we have partnered with trusted and reputable local NGOs and impact organisations. We aim to pilot how web3, and Cardano blockchain technologies can be leveraged for positive social impact as we believe these tools and stakeholders can work in tandem to help accelerate the achievement of the Sustainable Development Goals through a grassroots led approach. Communities will be given the opportunity to develop and acquire digital skills and discover digital economic opportunities.
How it works with Talk to Loop:
Interactive Voice Response and Reply (IVRR)
Feedback should not be restricted by literacy, connectivity, or language. That’s why Loop created IVRR.
1. Feedback shared
Recipient of aid records their feedback in their chosen language by calling our free phone number (e.g. 6464 in Somalia), from any phone.
2. Content moderated
Loop moderators transcribe, translate and tag the feedback before it is visible on the platform. Organisations are notified of feedback about them. Aggregate data of trends is visible on the statistics page.
3. Reply Submitted
Anyone, including organisations, can reply directly to feedback, in their own time, in their own language, on any device, to stay engaged remotely.
4. Response created
Replies are also translated, and an audio recording is created for the original author of the feedback. The reply is published publicly on the Loop platform, providing it is not sensitive.
5. Closing the loop
The author receives an automated phone call during which they can hear the reply read out to them in their chosen language. The author can then choose to respond immediately, request a call back the next day or simply hangup. The feedback loop is closed!
With the support of the Cardano Project Catalyst funding, we will be able to facilitate the integration of this data into Proof of Impact NFTs as part of the metadata in dynamic NFTs using CIP 68.
Who will we engage?
We are engaging the local community in Palawan, the Philippines, alongside partners:
Palawan NGO Network Inc. made up of 39 NGOs and Impact Organisations.
Talk to Loop (Loop).
Loop is led in the Philippines by the Philippines Loop National Coordination Council (LNCC): composed of six people representing seven large national networks and 40 Civil Society Organisations (CSOs).
The LNCC, is composed of six people who represent 7 large national networks and 4000 CSOs. This includes: NAPC-VDC, DRRNet, CLEARNet, CDRN, BMCSOP, and ECOWEB.
They all come from different geographical parts of the Philippines and represent different actors in the ecosystem: Government Disaster Response agencies, Civil Society Organisations and more. ECOWEB hosts the Loop staff. The Director of ECOWEB is the Chair of LNCC (the role rotates on an annual basis).
There is a national Forum made up of 40 member CSOs and growing, who have all committed to using and improving Loop, to serve their local communities.
How we will demonstrate and prove our impact?
We will demonstrate and prove our impact by using Loop’s rigorous tried and tested model, and integrate the data into the Proof of Impact Platform NFT4Good Pilot Project - Streets of ADA.
Solution is unique because:
Loop is paving the way for the accountability revolution, by ensuring the voices of affected communities are at the heart of organisational decision-making.
Loop enables the gathering of feedback 24/7 online or offline
Reach people where they are, on a device that they already own or can easily access. Loop helps organisations to cross the digital divide. Our patented Interactive Voice Response and Reply (IVRR) technology makes it easy for anybody, regardless of their literacy, to raise their voices and inform decision-making.
Why it's important to Cardano and beyond?
Through community collaboration currently external to the Cardano community, and by onboarding them into the Cardano ecosystem, this will unlock greater diversity, inclusion and spark further innovation and collective problem solving. Accessibility and inclusion are at the heart of the Loop platform. Feedback submitted in one language is translated to 15 others, with more languages being added all the time. Feedback is translated using a combination of a dedicated moderation team and machine translation technology. This ensures the highest quality results across languages:
عربى, Bemba, Bahasa Indonesia, Cebuano, Chichewa, Español, English, Français, Lozi, Somali (af Maay), Polski, Somali (Maxatiri), Tagalog, українська
Drive Cardano's Impact Ecosystem
By engaging local communities and working with diverse impact partners across sectors, we can drive and bring richness to the Cardano impact ecosystem.
Our goal is to inspire and onboard users from creating a Proof of Impact mindset
Project Highlights
We have already onboarded the Palawan NGO Network Inc. made up of 39 NGOs and organisations in the Philippines. An award winning documentary about the team and their mission to challenge corruption, protect land defenders and the planet is shown in Delikado.
Why is the Impact Evaluator Consortium so important?
Bringing economic digital identity to the unconnected, the unheard is essential if we are to be true to the values and vision of Cardano. By connecting partners from the Cardano4Good community with communities and partners in the NGO world, the scale and potential for impact is far greater.
How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?
The Domino DAO, directly addresses the challenge of developing tools and infrastructure for Cardano DAOs by providing a comprehensive platform for impact measurement, evaluation, governance, and community management. By integrating impact measurement frameworks from past research, and the Proof of Impact platform. The solution brings proven methodologies to the Cardano ecosystem.
Here's how the proposed solution benefits the Cardano ecosystem:
Enhanced Impact Measurement: The Domino DAO leverages past experience and research to offer an Impact Measurement Tool that enables DAO members to assess and quantify projects impact. This tool provides a standardized framework for evaluating the social and environmental outcomes of projects, promoting transparency and accountability within the ecosystem.
Improved Governance and Management: The Domino DAO facilitates effective governance and management of the Domino DAO through platform governance and governance token management. It establishes rules and incentives for users and stakeholders, allowing token holders to actively participate in decision-making processes. This approach promotes decentralized decision-making and fosters community engagement.
Community Empowerment and Education: The Domino DAO serves as a hub for the Cardano Impact community, offering various educational resources and tools. It provides community management, including social media, forums, and events, fostering collaboration and knowledge-sharing among members. The inclusion of Impact Evaluation Certifications for members who are evaluators allows individuals to become certified impact evaluators, creating employment opportunities and ensuring reliable impact assessment audits.
Impact Investing and Collaboration: The Domino DAO aims to build a community of impact-driven individuals, evaluators, and investors. By establishing an impact investing community, it attracts investors interested in funding impactful projects. Through the collaboration facilitated by the Domino DAO and the Proof of Impact Platform, it enables easy investor-to-investment relationships, encouraging the growth and support of impact-driven initiatives. Bridging the gap between impact investors and projects making a difference around the world.
Target Market Expansion: Our solution appeals to a wide range of stakeholders within the Cardano ecosystem. Blockchain developers can leverage the Domino DAO for governance and opportunities to support our efforts, while DeFi investors and institutional investors gain access to transparent and secure investment opportunities. Governance experts and crypto enthusiasts can actively contribute their expertise, fostering a vibrant and inclusive impact community.
Impact Cardano and Beyond
We will onboard hundreds of new users to the Cardano ecosystem via the pilot project with partners Talk to Loop, the Palawan NGO Network Inc, Streets of ADA - A Samsudin Brothers Projek, and the Cardano4Good impact community.
We intend to work with existing partners and supporters to leverage existing solutions and apply them in new settings.
The Philippines is #1 for Crypto and NFT adoption, and home to approximately 114m people, with approximately 1million people in Palawan, the largest provincial island of the Philippines and has been voted as the best island in the world numerous times:
<https://www.cnnphilippines.com/lifestyle/2020/7/10/Palawan-recognized-anew-as–best-island-in-the-world-.html>
The Domino DAO addresses the challenge by providing the first steps in researching and developing a comprehensive platform of tools to govern the Impact Web3 ecosystem. By supporting impact measurement, governance, community management, and collaboration within the Cardano ecosystem, it brings valuable impact assessment tools, promotes decentralized decision-making, empowers community members, and attracts impact investors interested in supporting impactful projects.
Through these benefits, the proposed solution contributes to the growth and adoption of Cardano DAOs, helping establish Cardano as a preferred platform for managing decentralized organizations and scaling impact sustainably.
How do you intend to measure the success of your project?
We will be looking to measure the following KPIs:
- # of partners
- # of impact certificates
- # of sign ups
- # of new team members
- # of Cardano DAO tools used
- # of DAO NFT holders
- # of testimonies from members
We will also be measuring Success metrics with our integration of Talk to Loop:
We will be looking to measure the following KPIs:
<u>Pre Funding </u>
Our partners at Talk to Loop have already launched their free to use platform: <https://talktoloop.org/>
We have been in talks and planning to develop a proof of concept pilot project in partnership with Palawan NGO Network Inc, Streets of ADA - A Samsudin Brothers Projek, and local community partners in Palawan, the Philippines, since 2022, and early 2023 onboarded Talk to Loop .
(3 milestones over the course of 6 months)
Month 1-4 Milestone #1:
- Leverage on the ground partnerships with local NGOs in the Philippines
- Online zoom meetings with teams and in the field, to discuss the advantages and impact of integrating with web3, cardano and tools such as dynamic NFTs
- Establish a community focal point of contact
Month 4-8 Milestone #2:
- Data collection and analysis
- Cleaning data and evaluating data
Month 8-12 Milestone #3:
- Data integrated into metadata of Proof of Impact NFTs
- Rewards paid out to Impact Evaluators
Please describe your plans to share the outputs and results of your project?
We plan to share the outputs and results of our project through various channels, including social media platforms, community forums, and the Sustainable ADA website.
We will publish regular updates of discussions held in Cardano for Good Twitter spaces, and feature the achievements of the showcased projects. We will share updates on our milestones and increase marketing efforts to create an impactful DAO community.