Our solution will create proper incentives to encourage Cardano developers to share their progress with the rest of the ecosystem. We will create a platform where users can turn smart contracts they have built into templates that can be used by other projects. They can upload these templates to a library that other projects have access to use. Whenever a smart contract is used from this library, a small fee will be paid to the original developer of the template. Developers can either upload their own code which they think could be useful to other community members, or complete code bounties to solve pre-defined problems in the ecosystem. This incentivizes developers to build templates that provide the most utility to the most projects on Cardano, while allowing other projects in the ecosystem to access affordable, high quality code.
This solution will increase the number and quality of Cardano open source projects, increase the number of contributors, and increase the number of open source tools/frameworks.
By paying developers when their contracts are used, we can create financial incentive for developers to upload smart contracts that provide maximal utility to the ecosystem.
As more beneficial tooling becomes available for Cardano projects to leverage, more projects will emerge. More projects building on Cardano means a larger market will become available for smart contract developers to cater to. This increase in demand will attract more and more developers to contribute to the library, thus providing even more tooling for future Cardano projects.
Overall this creates a positive, collaboration-centric flywheel that will help to propel the Cardano ecosystem forward faster.
A large challenge for this project will be building the smart contract templates in a way that they can be easily integrated into different projects that may have different structures.
To address this issue, we'll begin by building smart contracts that are tailored to DAOs built using our Clarity DAO Tooling Protocol. This way the organizations have a similar core structure and will be able to more easily build interoperable software.
As the process of uploading smart contracts to our library becomes more refined and efficient, we'll begin broadening the scope of projects that contribute to the protocol.