Lack of a dynamically updating progress bar for NFT sales, seamless holder-editing of pre-specified fields in the NFT metadata, and dynamically updated impact data contained in the NFT.
Plug-and-play integration to display real-time progress, purchasers metadata modification functionality, and an ability for impact organizations to update donors NFTs based on NMKR Dev APIs.
This is the total amount allocated to DirectEd- Funding Progress Tracker, Dynamic NFTs for Impact and Editable Metadata.
Edmund Ebiyenrin.
John Ndigirigi.
NMKR Dev API
Project will be open source
The problem being addressed is first the lack of a dynamically updating progress bar, which hinders the ability to display real-time progress, provide visual representation, and reflect current donation progress. This can result in a less engaging user experience and limited visibility into fundraising goals.
We will be retrieving transaction data, calculating progress, designing a progress bar, updating it dynamically, and continuously fetching and updating the progress. This approach utilizes the NMKR API, Next.js, TypeScript, Sass, and a combination of frontend technologies to ensure real-time updates, user-friendly visuals, and seamless integration within the existing technology stack.
Secondly, for the “minted for” field, we will use the NMKR API to fetch the relevant properties for the NFT purchased by the donor. This should include the current "minted for" field value in the metadata. Design the user interface and then implement the update functionality using Node.js to handle the backend logic. We will ensure to implement validation and security measures to ensure that only the original NFT owner or authorized users can update the "minted for" field by first checking the connected wallet address.
Lastly, we will implement an update mechanism where the organization can input and manage the impact information for each NFT using an API (Nodejs), connect the backend functionality with the NFT metadata (NMKR). Update the user interface of the donor's NFT details page to display the impact information retrieved from the NFT metadata. And then Implement authentication and authorization mechanisms to ensure that only the impact organization or authorized users can update the NFT metadata.
The proposed solution brings benefits to the Cardano ecosystem, including enhanced user experience, transparency and trust, improved fundraising efforts, and demonstration of Cardano's value and potential use cases.
We will look at number of uses of the plug-and-play open-source code that we develop for these uses. This includes
As with all DirectEd projects, we maintain monthly progress updates covering all aspects of the team progress and bimonthly newsletters.
The monthly progress updates and OKRs for DirectEd can be viewed for the past 2 years on this page:
https://directed.notion.site/Progress-Updates-OKRs-81f92ecebefb4f289e80e1703ff73d2a?pvs=4
When major milestones have been reached, we will also publish demos that are released on our Twitter page and Telegram Announcements group
Proven track record of delivering
DirectEd has a long-standing history within the Cardano ecosystem and it was born out of a project proposal in Catalyst Fund 6 (proposal). It has since then received funding for two proposals in Fund 8 (dApp & SSI). Closeout video for the F8 dApp proposal here. To sign up for testnet Alpha testing, go to http://testnet.directed.dev/ (opens July 31st). We embrace radical transparency, as can be observed through our public Progress & OKR page and by inspection of our wallet transaction metadata ($directed, $simondirected).
Our SSI proposal is still in progress after both technical and operational challenges alongside contingencies outside of our control. After undertaking feasibility study, several aspects of the original idea contained in the proposal was found to be intractable. More details on other factors can be found in this Change of Scope request that has been submitted to IOG.
DirectEd has delivered in several ways. Utilization of the network, open-source code contributions and real-world impact & partnerships. The section below quantifies each of these:
Cardano use
Open Source Contributions (repo)
Real-world impact and Partnerships
Traction
Media and Twitter spaces
Spring 2023
Fall/Winter 2022
Financial Management and Transparency
We have implemented robust financial management processes, leveraging cardano blockchain technology for transparency, accountability, and responsible use of funds. All transactions contain metadata and can be tracked on the Cardano blockchain. We maintain accurate records, conduct regular audits, and provide transparent financial statements to relevant parties, promoting transparency and accountability in our financial management practices.
To this end, we have implemented the following policies for our treasury management.
This means we have a multi-sig for the custodianship of received funds. We convert the majority of funds to one or several stablecoins upon receipt. We also extensively document each transaction with information about its use in the metadata. The multi-sig wallet can be explored here ($directeddev) and the payout wallet ($directedsimon) can be audited here.
Project Governance and Reporting
Building upon our previous project experience, we have established a robust project governance structure that emphasizes transparency and accountability. Regular reporting and monitoring mechanisms are in place to track progress and ensure adherence to project milestones and targets. You can inspect our public Progress reporting and OKR page here.
As part of our commitment to transparency, we implemented a progress page for donors to track the performance of students, providing updates on their achievements, which can be observed by donors (NFT gated) here. This reporting framework enables stakeholders to stay informed about project status, outcomes, and financial performance, fostering transparency and accountability throughout the project lifecycle.
Feasibility
For the donor progress update module and updatable metadata field ('minted for' field in our case), we have already built out 3/4 of the necessary elements. Much of the remaining work pertains to documentation and polishing the solution to make it easy to reuse.
The dynamically updatable NFT is going to simply be an implementation of the new CIP-68. The first milestone will contain feasibility study, however, to ensure that our goals can be met.
Milestone 1: Initial Setup and API integration for the Progress Bar
Milestone 2: Dynamic Progress Bar Implementation
Milestone 1: Setup and Designing the User Interface for “Minted for” Functionality
Milestone 2: Backend Implementation for Updating NFT Metadat
Milestone 1: Metadata Schema Design, Backend Setup and Impact Organization Interface
Milestone 2: NFT Metadata Integration and Donor NFT Details Page Updates.
Task 3: Design visual components and layouts to present the progress and impact in an easily understandable manner and do proper testing.
Milestone 1: Feasibility Study
Deliverables:
Outputs:
Intended Outcomes:
Milestone 2: Development and Implementation
Deliverables:
Outputs:
Intended Outcomes:
Milestone 3: Deployment and Optimization
Deliverables:
Outputs:
Intended Outcomes:
Feature
Management and Reporting
Adminstrative and Legal
Marketing and outreach of results
Contingency
Total USD = $9,000
Total ADA* = 36,000
* assuming 0.25 USD = 1 ADA exchange rate
We reduce the cost of building out dynamic features that make the user experience of NFTs much richer. With these integrations, you can "do" things with your NFTs!
Our costs are maintained quite low because we are a young team, but eager to build out. The key thing is that we have already delivered more than 50% of the product that we are asking for funding for. It should therefore be considered retroactive funding of open source contributions.
One of the greatest risks with funding in these environments is that you may see proposers who claim that they will be able to build things out but end up not doing it. With our proposal we remove that risk since we've already delivered!
Team
Below is a selection of team members. To see the full team of volunteers and other contributors, head over here.
Simon Sällström. MPhil in Economics, University of Oxford. Founder and CEO, DirectEd Development Foundation with several open-source contributions to the Cardano ecosystem including NFT gating, wallet-connect and two general-purpose smart contract primitives. PA and vPA in Catalyst F6-F9. Chair, Cardano RealFi Consortium Spring 2023. Workstream lead, Oxford Blockchain Society. Founder, Cardano Student Hub Oxford. Speaker at NFT.NYC. 5 completed Catalyst proposals, 3 pending completion (2 for CardanOx). Most recent close-out video.
Rohan Mitta. Smart Contract Lead. MAst in Pure Mathematics, University of Cambridge; MSc Foundations of Computer Science and Mathematics, University of Oxford. Plutus Pioneer 2022. Atala PRISM Pioneer 2022.
Christime Karimi. Chief Examiner. Senior Tutor, Moringa School. BSc of Education from University of Nairobi. Christine has trained 200+ junior developers over the past 5 years. Full stack web developer.
Edmund Ebiyenrin. Front-End. BSc in Computer Science, Federal University Makurdi, Google Student Developer Club regional lead.
John Ndigirigi. Atala PRISM engineer. BSc Computer Science, Dedan Kimathi University of Technology, Software developer, community builder, Atala PRISM pioneer.
Socials: Linktree
Sherrie Ma. UIX design. MSc International Management, Certification in UX/UI Design, BSc in Coastal Environmental Studies, Experiences in UIX design, Business Management, and Retail and Customer Service .
Ency Lu. UIX design. BFA in Studio Fine Arts Queens College…Fashion Design Parsons the new school. UIUX Springboard
Advisors
Below is a selection of advisors to DirectEd. See more here.
Anne Kjær (Riechert) Bathel. Anne is CEO and co-founder ReDI School of Digital Integration, a vocational training program teaching programming and tech skills to refugees and marginalised people. She is a 2006 graduate from KaosPilot in Denmark, a hybrid of a business and a design school. Anne was recognised by Edition F as one of "25 Women" revolutionising German industry and by Handelsblatt as "Mutmacher of the Year"(2018). She was awarded Best Female Social Entrepreneur of the year in Germany 2020 and Ashoka Fellow in 2021.
George Kosimbei. Dr Kosimbei is the current Chief of Party for the Young African Leaders Initiative (YALI) Regional Leadership Center, East Africa. Prior to this role, he served as the Director of Innovation Incubation and University-Industry Linkages and also Chandaria Business Innovation and Incubation Center at Kenyatta University. He has also served as the project manager of the Kenyatta University - University of Rwanda - Neu-Ulm University of Applied Sciences and DAAD project on Technology Transfer and commercialization of Intellectual Property. He has extensive experience working in health economics, innovation incubation, intellectual property management and technology transfer and commercialization of Intellectual Property (IP).
Izzat-Begum B. Rajan. Izzat-Begum combines almost 25 years of experience in tax-efficient legal structuring and large tax dispute management. She offers a unique blend of skills to handle legal, tax, and financial matters as she built her career in multinationals and consulting firms and developed a strong knowledge of impact projects and social enterprises. Since 2005, Izzat-Begum has continuously held various C-suite and Board roles both for large multinationals and start-ups. Today, she is an advisor (providing Legal and Tax oversight) sitting on boards of a wide range of companies operating in the technological space.
Christian Meyer. Research lead at the Oxford Martin Programme on the Future of Development. Affiliated with Nuffield College, the Centre for the Study of African Economies (CSAE), and the Mind & Behaviour Research Group. Before my current role at the Martin School, I was a Postdoctoral Prize Research Fellow in the Department of Economics. His current fieldwork focuses on Ethiopia.