Existing taxi services lack decentralized management, leading to high fees, limited trust, and low operational efficiency. Our solution aims to address this.
We will create a DAO for taxi services, leveraging blockchain technology to decentralize management, reduce fees, and increase trust and efficiency.
This is the total amount allocated to Taxi DAO.
Abderrahim Issaoui
No dependencies.
Project will be fully open source.
SDG 8: Promote inclusive and sustainable economic growth, employment, and decent work for all. SDG 11: Make cities inclusive, safe, resilient, and sustainable.
Our solution aims to decentralize the taxi industry by creating a blockchain-based Taxi DAO, leveraging the Cardano ecosystem's functionalities.
The current taxi industry model is centralized, making it difficult for taxi drivers to have control over their revenue and decisions. Furthermore, passengers are often subject to exorbitant fare prices due to monopolistic practices.
We propose a unique solution of a decentralized autonomous organization (DAO) built on Cardano to give power back to the drivers and users. The Taxi DAO will enable drivers to participate in decision-making processes regarding fare prices, operating policies, and more, thus making them a vital part of the ecosystem rather than just service providers.
Additionally, users can benefit from transparent pricing and the opportunity to participate in governance via staking and voting. This not only ensures a democratic system but also contributes to increasing the overall value of the Cardano ecosystem.
Our approach is founded on Cardano's capability to handle complex smart contracts needed for DAO operations, its scalability, and its secure and energy-efficient framework. This solution also utilizes Cardano's native token (ADA), thereby increasing its utility and demand.
We believe our project will engage a broad audience, from Cardano enthusiasts to taxi drivers and passengers seeking a fairer, decentralized taxi platform. We plan to demonstrate our impact through active user participation, increased transaction volumes, and improved satisfaction among taxi drivers.
This project should be important to Cardano as it showcases the practicality of blockchain solutions in everyday services like taxi rides, ultimately helping to drive the mass adoption of Cardano.
Our proposed solution directly addresses the challenge by leveraging our team's expertise in blockchain technology, software development, and quality assurance to contribute to the growth and enhancement of the Cardano ecosystem.
Here are the key impacts and benefits our project will bring to Cardano:
We are realistic in our expectations and foresee a gradual increase in usage as our project progresses and matures. Within a reasonable timeframe post-project completion, we aim to engage a significant number of users, thereby contributing to the overall activity and vibrancy of the Cardano ecosystem.
The success of our project will be gauged through a combination of both quantitative and qualitative measures.
Quantitative Measures:
Qualitative Measures:
In terms of the project's impact on Cardano’s productivity and growth, in the short term, our project aims to deliver tangible, functional solutions that address existing challenges. The improvements we make will contribute to enhancing the overall efficiency of the Cardano ecosystem.
In the long term, our project aims to foster innovation within the ecosystem. By providing reliable and high-quality solutions, we'll encourage more developers and businesses to build on the Cardano blockchain. This can lead to an increase in dApps and other use cases for Cardano, ultimately contributing to the network's growth and the value of ADA.
We plan to disseminate the outputs and results of our project in various ways to ensure maximum reach and impact. These plans will take place over the six-month duration of our project and beyond.
The results generated from the project will serve as a valuable resource for further R&D activities. Insights on DAO operations, governance, user participation, and more can inform the development of other DAOs in different sectors. Furthermore, we'll actively seek collaborations with academic and research institutions to conduct further studies on our DAO model's effectiveness and the social impact of blockchain-based solutions.
As PeakSoft GmbH, a Germany-based consulting company, we bring an extensive range of skills and experiences to the table, making us uniquely positioned to deliver this project.
While our current budget allows for the completion of our proposed project, we may consider seeking additional funding in future Catalyst rounds. This would enable us to introduce new features and expand our project's scope. Any additional funding required will be detailed in a separate, new proposal.
To track the progress of our project, we'll implement Agile methodologies, particularly Scrum, and set clear acceptance criteria for each project component and deliverable. We'll also make use of Scrum boards and product backlogs to provide a transparent and constantly updated view of our progress.
For us, success is not merely about reaching milestones. It also involves accomplishing our established acceptance criteria and user stories within our sprints, and successfully delivering the first product increment within the proposed timeline. In essence, success means delivering a product that meets our high-quality standards and offers real value to the Cardano ecosystem.
Our project has several main goals:
To validate our approach and measure our progress, we will use the following indicators:
Our project is primarily software development and community engagement. We will employ agile methodologies for software development, including regular sprints, constant testing, and iterative improvements. For community engagement, we will use a combination of online and offline methods, such as social media engagement, webinars, workshops, and in-person meetings.
Here are the project's milestones, tasks, and timelines:
Milestone 1: Project Kick-off and Design Phase (1 month)
Tasks:
Acceptance Criteria:
Milestone 2: DAO and Platform Development Phase (3 months)
Tasks:
Acceptance Criteria:
Milestone 3: Community Engagement and Onboarding Phase (1 month)
Tasks:
Acceptance Criteria:
Milestone 4: Platform Launch and Evaluation Phase (1 month)
Tasks:
Acceptance Criteria:
Throughout the project, we will use agile project management, allowing us to adapt and make changes quickly based on feedback and learnings. We'll also ensure open communication with the Cardano community, updating them regularly about our progress.
Milestone 1: Project Kick-off and Design Phase
Deliverables:
Outcomes:
Progress Measurement:
Milestone 2: DAO and Platform Development Phase
Deliverables:
Outcomes:
Progress Measurement:
Milestone 3: Community Engagement and Onboarding Phase
Deliverables:
Outcomes:
Progress Measurement:
Milestone 4: Platform Launch and Evaluation Phase
Deliverables:
Outcomes:
Progress Measurement:
Milestone 1: Project Kick-off and Design Phase (40k ADA)
Milestone 2: DAO and Platform Development Phase (100k ADA)
Milestone 3: Community Engagement and Onboarding Phase (30k ADA)
Milestone 4: Platform Launch and Evaluation Phase (30k ADA)
Our project's cost offers significant value for money for the Cardano ecosystem due to our team's expertise, our operational efficiency, and our strategic approach to resource utilization.
Our team comprises highly skilled professionals, with extensive experience in large-scale application development, software quality, and connected car projects. This high caliber of expertise might appear to increase the cost, but it also ensures that we deliver high-quality solutions that are designed to stand the test of time, resulting in long-term savings for the ecosystem.
In terms of operational efficiency, we, as PeakSoft GmbH, a Germany-based consulting company, have years of experience working with prominent clients and managing sizable projects. This experience enables us to streamline our operations, reducing overheads and eliminating unnecessary costs.
Furthermore, as a company, we have full-time employees dedicated to this project, ensuring a high degree of accountability, ownership, and commitment, which in turn leads to better cost management and enhanced output. This commitment also extends to the possibility of deploying external consultants, if necessary, to enhance our capabilities without significantly affecting our cost structure.
The budget for this project has been determined considering the average wages for software professionals in Germany, which is one of the higher wage countries in Europe, reflecting the high level of expertise and quality assurance that we bring to this project. However, we're confident that our team's unique combination of skills and experience in both Web2 and Web3 technologies offers exceptional value for the Cardano ecosystem.
Ultimately, our aim is to provide the Cardano community with solutions that not only solve existing problems but also open up new opportunities. By investing in our project, the community is investing in the potential for future growth and innovation within the ecosystem, making it a value-for-money proposition.
Our team roles and responsibilities for the project are:
The team is prepared to engage external consultants if necessary, as we are always open to bringing in more expertise. We remain committed to active engagement with the Cardano community and technical-group channels and understand the expectations of proof of life verifications and public proposal availability. Our team's combined skills and experience make us well-suited to execute this project and contribute significantly to the Cardano ecosystem.