This has been moved to the problem sensing section. Please do not evaluate or review for funding.
Define the Process
This has been moved to the problem sensing section. Please do not evaluate or review for funding.
Proposal Ideate Phase (10-14 days)
- Proposal or Idea is posted to the platform in as complete a form as is possible. This begins a process of discussion amongst the members of the Cohort tasked to review and advise the specific Fund.
- All members are encouraged to provide feedback, ask questions, and bring specific expertise they may have that is related to the proposal. This feedback is intended to ensure all possible issues are understood and resolved.
- The intended result of this phase is to bring clarity about the proposal and to ensure it is ready for the Refinement Phase.
Proposal Refinement Phase (7 days)
- At this point suggestions are made to further perfect the proposal's value statement, objectives, Costs & Returns, and KPI for progress reporting.
- Additionally the Principle(s), Researcher(s), Development Team(s), Reporting structures, and Funding Requirements (total and draw schedule) should be well defined.
- This is intended to ensure that the proposal can be voted on with a high degree of understanding with respect to the impact for the community at large, and the Provable Success Metrics with which funding is Drawn Down in accordance with the planned Draw Schedule.
Proposal Finalize Phase (3 days)
- At this point the proposal should have all of the elements required to put together a well-defined Business Plan, Development Roadmap, Funding Schedule, Reporting Metrics and Schedule, as well as any post development/launch reporting that will be required.
- The Proposal in its final form will be posted as an attachment to the original Proposal on the platform.
Proposal Funding Vote Phase (1 day review of final Proposal Doc, then vote)
- there is a lot of discourse currently about the type of voting process that will be used. This section needs some serious work.
Broad Disclosure of Proposal Funding
- This dissemination of information is critical to drawing attention to Cardano and the Catalyst Program. IOG, CF, and Emurgo are encouraged to broadcast this information on all of their channels.
- Include details about the Proposal, as well as information about Future Cohorts (Funding Rounds).
Proposal Development Phase
- During this phase all Development KPI need to be reported to the Platform in a timely manner to ensure that future funding draws are approved.
Proposal Launch
- Prior to Launch (soft or MVP launches included) the Catalyst Platform must be advised with one week lead time to prepare Appropriate PR and Broad Announcements.
Post Launch Lessons Learned Session
- It is critical that the Principles who have Launched via Catalyst participate in a post-mortem review of the Process and provide feedback about the system, the members involved and any other feedback that can be gathered.
Post Launch Reporting
- All agreed upon KPI need to be reported back to the system for whatever timeframe was in the Final Proposal Documentation. To encourage these data being provided the CF should have a scheduled Community Catalyst Update Blog post and other media releases , which actually promote the Proposal Project's increasing penetration.