funded
Stakeboard: Social Staking Platform
Current Project Status
In Progress
Amount
Received
$41,000
Amount
Requested
$45,500
Percentage
Received
90.11%
Solution

Stakeboard is a social staking marketplace designed to promote decentralization by improving key aspects of Cardano’s staking landscape.

Problem

To support a growing number of prosperous SPOs, delegating needs to be easier, more informative, more trust-inspiring, and more lucrative.

Addresses Challenge
Feasibility
Auditability

ArgusNFT

2 members

Stakeboard: Social Staking Platform

, Nami wallet developers [2] and the HOSKY team [3].

1. https://twitter.com/Stakeboard_/status/1460921011268898817

2. https://twitter.com/berry_ales/status/1460917711920414723?t=ZUp5ULmisx75eVc_hBhRFg&s=09

3. https://twitter.com/Stakeboard_/status/1460582521436057604

Moreover, Stakeboard's functionality will allow delegators to verify SPOs' claims.Stakeboard will encourage a culture of "trust, but verify" in delegating. If a delegator is uncertain about whether a stakepool's specific claims are true (for example, that they use predominantly green energy or are owned by a woman in blockchain) then Stakeboard's messaging application enables them to ask the SPO for supportive documentation. And Stakeboard will provide verified stakepools with the ability to upload documents to their profile that evidence the truth of their value propositions.

[To learn what the Stakeboard team is already doing to combat scams attacking Cardano's staking community, and how we aim to make Stakeboard one of Cardano's most valuable tools in disarming disinformation cyber attacks, please check out our proposal focusing on this topic: https://cardano.ideascale.com/a/dtd/Defending-Cardano-Staking-Ecosystem/384952-48088]

3. Decentralized Business Opportunities:

At Stakeboard we think of Proof-of-Stake (POS) consensus as foundational decentralized finance (defi). And we believe the power of POS combined with Cardano's UTXO model will only begin to realize its full potential once Cardano delegators and SPOs come together in innovative ways to leverage their collective block rewards into the growth of decentralized business (debiz). The reality is, even if projects like Stakeboard improve trust, transparency and ease-of-use in the Cardano staking landscape, a huge amount of ADA will still remain on centralized exchanges unless delegators are provided more compelling financial incentives towards decentralization. And at stakeboard we believe this financial incentive will be the chance to participate in the growth of staking-centered debiz. The advent of the Initial Stakepool Offering (ISO) funding model is already beginning to show the potential here, and at stakeboard we want to push this potential forward with debiz products built into the Stakeboard platform - starting with the following three:

Stakepad: Stakepad will leverage Stakeboard's infrastructure and resources to improve the Initial Stakepool Offering funding model. Building upon MinSwap's Fair ISO (FISO) model, Stakepad will further improve the fairness, feasibility, and delegator experience of the FISO model in several ways, including:

Stakepad will greatly lower the barrier to entry for Cardano projects wanting to raise funds via an FISO, thereby creating more opportunities for SPOs and delegators to participate in FISOs.

Stakepad will allow projects to introduce criteria for selecting their partner stakepools that go way beyond basic parameters like pools' fixed costs and minimum pledges. If projects wish, they'll be able to include criteria to specifically include stakepools utilizing renewable energy, women and/or minority owned pools, pools located in specific regions, SPOs developing applications for the Cardano ecosystem, etc.

With Stakepad, the Stakeboard team will encourage partner projects to opt for a hybrid stakepool partner selection model which balances fairness to SPOs and the need for community participation in the selection process.

StakeStarter: With StakeStarter, SPOs wanting to use block rewards to launch and/or grow a business (or non-profit organization) will be given special space and additional functionality on Stakeboard to realize their entrepreneurial goals. StakeStarte will essentially allow an stakepools to present proposals to the delegator community, including the SPO's experience, what the stakepool intends to build, what margin they'll require (in other words, what level of ADA rewards delegators can expect while staking to the stakepool), what kind of progress reports will be provided, and what benefits (financial or otherwise) delegators will receive for delegating to the stakepool.

Additionally, for projects needing a considerable amount of seed funding to launch, SPO's will have the option of setting an initial funding contribution requirement prior to launching their pool. If this contribution requirement is reached prior to a deadline stated in the proposal, the SPO will launch their Stakestarter proposal plan and receive the seed funding from Stakeboard, but if the seed funding goal isn't reached by the deadline, any ADA contributed to the seed fund will be returned to the contributor(s).

Essentially, StakeStarter will aim to combine the best of Patreon and Kickstarter models, and integrate them into the POS mechanism to help launch and sustain Cardano ventures.

Opportunity Board: The Opportunity Board will enable Stakeboard users to list job, gig and collaboration opportunities for projects within the Cardano ecosystem.

[To learn more about Stakepad and Stakestarter and the business opportunities they aim to bring to Cardano's SPO community, please check out our proposal focusing on these products: https://cardano.ideascale.com/a/dtd/Beyond-ISOs-SPO-driven-Funding/384955-48088]

Connect with us

Stakeboard Team

Giovanni - Co-Founder

Senior Software Engineer - DevOps Advocate - Plutus Pioneer and Stake Pool Operator

<https://www.linkedin.com/in/giovannigargiulo/>

Sebastiaan - Co-Founder

Entrepreneur and government contractor for software integrations and solutions - Plutus Pioneer

<https://www.linkedin.com/in/sebastiaan-m/>

Anthony - Head of Business Development

Entrepreneur with 7 years business development experience, 15 years sales experience, primarily in financial services and real estate.

<https://www.linkedin.com/in/anthonycapitan/>

Trecy - Head of Design

Passionate about creativity and design processes, I have been working for several years to design aesthetic and functional user experiences.

<https://www.linkedin.com/in/trecy/>

Floriaan - Communication Manager

Support, Community & Social media experience in IT, Design and Blockchain industries.

<https://www.linkedin.com/in/floriaan-mekes-96b510127/>

Matteo - Product Manager

Master degrees in Government Science - Product and Project Manager - Blog writer on blockchain ecosystem.

<https://www.linkedin.com/in/matteo-mannucci-201b12168/>

Roadmap

We've been hard at work on Stakeboard since August, and despite having to fund the project's development until now from the team's savings and on a volunteer basis, we can proudly say we've made huge progress: Platform design is complete and several core functions are built.—As of late November, SPOs can now verify ownership of their pools and create Stakeboard profiles. Nami wallet integration has been completed and delegating directly from Stakeboard has been enabled. And we recently launched the project's landing page at stakeboard.net.

Unfortunately though, we're quickly approaching the point where our abilities to self-fund the project will be depleted, which is why being awarded Catalyst funds for our Fund7 proposals will be critical to sustain project development.

That being said, Here's our Roadmap:

August 2021

  • Proof of Concept (completed)
  • Proposal Fund6 (completed)
  • CICD & infrastructure (completed)
  • Concept design (completed)

September 2021

  • Stakepool listing page (completed)
  • Stakepool verification (completed)
  • Feature design (completed)

October 2021

  • Implement feedback from users (completed)
  • Iterate through the design (completed)
  • Notification center - Alice: Pool updates on telegram (completed)
  • Feature design (completed)

November 2021

  • Notification center - Alice: Pool retirement, Twitter integration (completed)
  • Launched Stakeboard.net (completed)
  • Stake from Stakeboard w/ Nami (completed)
  • Catalyst Fund7 Proposals Submission (completed)
  • Marketing Project and Proposals (completed)
  • Interview with Cardano Hotel (completed)
  • Create Stakeboard style guide (completed)

December 2021

  • Create Stakeboard style guide cont.
  • Interview with CF "Ask an operator" with Jeremy Firster (completed)
  • Stakepool Management - Stakepool Profile customization
  • Enhanced filtering: filter by offchain data (eg. mission, charity, contribution, women in blockchain, etc.)
  • Notification Center - Alice notifications on Stakeboard
  • Marketing project and proposals

January 2022

  • Onboard Stakepool operators and delegators to test the MVP
  • Delegator Account creation via wallet
  • Notification Center - Subscribe to specific Alice notifications on Stakeboard
  • NFT First X SPO to register. (First Y Multi Pool Owner to register)
  • NFT First X Non-SPO to register
  • Set Staking Address(es) on profile

February 2022

  • Communication Center - On platform SPOs to Delegators Messaging
  • Social Media content Integration: Youtube, Medium, Twitter
  • Initial Stakepool Offering MVP Dashboard

March 2022

  • Stakeboard beta launch

Key Performance Indicators

1-month

  • 50 SPOs registered
  • 200 Community size
  • 500 Searches
  • 1k Page Views
  • 5 delegations from stakeboard (nami like)

3 months

  • 150 SPO
  • 500 Accounts registered
  • 4k Searches
  • 15k Page Views
  • 50 delegations from stakeboard (nami like)

6 months

  • Reduce by overall 1% amount staked on exchanges (very had to verify, but still)
  • 1500 registered accounts
  • 200 SPOs connected
  • 20k Searches
  • 100k Page views
  • 100 delegations from stakeboard (nami like)

Cost Breakdown

+ UX: $ 5000

+ One full-time engineer for three months (at 50% of accustomed wages): $26.000

+ One part-time engineer for three months (at 50% of accustomed wages): $13.000

+ Cloud hosting: $ 1.500

close

Playlist

  • EP2: epoch_length

    Authored by: Darlington Kofa

    3m 24s
    Darlington Kofa
  • EP1: 'd' parameter

    Authored by: Darlington Kofa

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  • EP3: key_deposit

    Authored by: Darlington Kofa

    3m 48s
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  • EP4: epoch_no

    Authored by: Darlington Kofa

    2m 16s
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  • EP5: max_block_size

    Authored by: Darlington Kofa

    3m 14s
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  • EP6: pool_deposit

    Authored by: Darlington Kofa

    3m 19s
    Darlington Kofa
  • EP7: max_tx_size

    Authored by: Darlington Kofa

    4m 59s
    Darlington Kofa
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