Build a protocol to incentivize mentorship, reward mentors, and build value within a network through a Mentorship DAO.
OneUpOneDown is an existing mentorship application that plans to develop this DAO.
The first step is scoping the viability of building a mentorship DAO on Cardano and presenting a white paper.
The existing infrastructure we are considering building upon includes:
- Zero-Knowledge Proof-of-Identity to avoid self-selection bias
- Identity Solution (ATALA Prism)
- AI Mentor matching (SingularityNET)
- Native tokens and NFTs incentivizing for providing an extraordinary mentorship experience (CNFT.IO)
Zero-Knowledge Proof-of-Identity - OneUpOneDown is a mentorship platform with a specific framework design and AI mentor matching engine. Over 90% of our users have joined through a reference from a friend who has already experienced the program. By analyzing our data, we have seen that removing the stress of selecting a mentor is a crucial part. This also removes the errors that we as humans could make when selecting a mentor. A Zero-Knowledge methodology will allow us to prove the credibility of a mentor but to keep the identity private until permission is given.
Identity Solution - ATALA Prism implementation - All digital ID data can be securely stored and encrypted on a user's device, using Cardano 's decentralized public key infrastructure. Each individual can allow Authority access as permissioned by the user; With this integration, we can better guarantee that the correct person is sharing information and is receiving incentives.
AI Mentor matching - SingularityNET - Currently, OneUpOneDown has developed a machine algorithm that is looking for the perfect match. In our years of experience, there are settings that has been built in the algorithm and give us a huge advantage compared to our competitors. Working in collaboration with people from the SingularityNET team would allow us to improve the algorithm. (Already in discussion with team members of SingularityNET)
Tokenization - incentivizing mentors for providing an extraordinary mentorship experience is how individuals will be reimbursed. A mentor-mentee match will be presented as a block with its own NFTs and both, the mentor and mentee will have a fraction of this NFT. Reputation will be gained through extraordinary mentorship experience and stored on the blockchain.
The proposed decentralized mentorship infrastructure requires research that will scope the project and validate the proposed solution. A white paper and continued development of the Mentorship DAO and reimbursement model will provide dramatic improvements in both the quality and quantity of Open-Source projects by building a culture of trust in our community ecosystem, growth, and the development of collaborative projects expertise.
Why on top of Cardano?
- Because of the Community!
- Fast
- Democratic
- Scalable
- Low cost
Mentoring relationships assist individuals within a network in building mutual learning relationships that become powerful vehicles for passing on knowledge, technique, and principles.
We can deploy a powerful tool for creating trusted and collaborative relationships by incentivising value add participation from mentors and removing the bottlenecks caused by mentor matching challenges.
Once the mentorship DAO has been developed, it can be replicated to facilitate mentorship relationships within any given network or niche.
In future funding rounds, we aim to continue the development of a decentralized mentorship platform:
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Fund 8. Stage 1 Whitepaper: Research and scoping of Mentorship DAO.
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Fund 9. Stage 2 Infrastructure: Building a reimbursement mentoring infrastructure.
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Fund 10. Stage 3 Solution Design: Mentorship DAO platform.
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Fund 11. Stage 4 Implementation: First functional Mentorship DAO platform.
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Dependency on other protocols may influence our development plans, cost and timeline
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Token economics modelling - cost of operating on blockchain (gas fees) may outweigh the value generated from the DAO
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Delivering the promised version in time and budget
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Unforeseen technological obstacles
To understand these risks we are preparing the white paper. To mange them, we will ensure we have the right people involved preparation of the white paper and the project.