Wisdom Peer-to-peer network on cardano blockchain

[GENERAL] Name and surname of main applicant

surafel nigusie

[GENERAL] Email address of main applicant

surafel.fine@gmail.com

Additional applicants

1. Yab Mitiku
2. Tihitna Tesfaye
3. Tsion Tsedalu

[GENERAL] Please specify how many months you expect your project to last (from 2-12 months)

12

[GENERAL] Please indicate if your proposal has been auto-translated into English from another language.

No

[GENERAL] Does your project have any dependencies on other organizations, technical or otherwise?

No

[GENERAL] If YES, please describe what the dependency is and why you believe it is essential for your project’s delivery. If NO, please write “No dependencies.” .

No dependencies.

[GENERAL] Will your project’s output/s be fully open source?

Yes

[GENERAL] If NO, please describe which outputs are not going to be open source. If YES, please write “Project will be fully open source.”

Project will be fully open source.

[METADATA] Category of proposal

DAO

[IMPACT] Please describe your proposed solution.

The Wisdom Peer-to-peer Network is a concept that promotes the sharing of knowledge and experiences among individuals to foster personal growth and development. It emphasizes the importance of connecting with others who can offer valuable insights and perspectives.

 It's a Peer-to-peer network where people can learn from one another and support each other in their journey towards wisdom and well-being. This network can be formed and empowered through various means, including personal relationships, mentorship programs, online communities, or professional networks. The idea is to create a supportive environment where individuals can access wisdom and guidance from others who have relevant experiences and expertise.

In a peer-to-peer network, individuals with similar interests, experiences, or expertise come together to share their knowledge, skills, and insights. This exchange of information can occur through various methods, such as group discussions, study groups, mentorship programs, online forums, or even informal conversations due to different dapp`s run on the network.

The benefits of wisdom peer-to-peer network include:

• Active engagement: promotes active participation, as individuals are encouraged to ask questions, share ideas, and contribute to the learning process. This active engagement enhances critical thinking and problem-solving abilities.

• Collaboration: fosters collaboration and teamwork, as individuals work together to understand concepts, exchange perspectives, and find solutions. This collaborative approach encourages social interaction and develops interpersonal skills.

• Diverse perspectives: It brings together individuals from different backgrounds, experiences, and viewpoints. This diversity of perspectives enriches the learning environment, as learners gain new insights, challenge their own assumptions, and broaden their understanding of a subject.

• Increased motivation: can increase motivation and interest in a subject. When learners see their peers demonstrating knowledge or skills, they are inspired to improve and achieve similar levels of competence.

• Enhanced communication skills: promotes effective communication and active listening. Learners develop their communication skills as they articulate their thoughts, explain concepts to others, and engage in meaningful discussions.

• Building social connections: provides an opportunity to build social connections and create supportive learning communities. Learners can network, form study groups, and establish relationships that extend beyond the learning environment.

[IMPACT] How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?

A network of students, researchers, specialists and world class educators is referred to as a "wisdom network" when they work together to solve problems, make choices, and foster creativity by sharing their knowledge, insights, and experiences. It serves as a connection or space for the exchange of knowledge, allowing users to benefit from the network's collective intelligence to get fresh insights and come up with original solutions. It also provides infrastructure and resources for peer to peer learning platforms, DAPPS and DOW S.

The idea of a wisdom peer to peer network underlines how crucial it is to take advantage of the various viewpoints and areas of knowledge that exist within a decentralized peer to peer connection. It recognizes that no one individual has all of the answers, but that by connecting and collaborating with others, people may leverage collective expertise to find better solutions to difficult problems and create a new value market. Along with having social and technological benefits, this project significantly impacted the Cardano community by promoting our community and Cardano's goal for education. 

[IMPACT] How do you intend to measure the success of your project?

Despite the fact that a project's success can be influenced by a wide range of factors, the way to measure a project's success is by its end goal and each and every milestone on its timeline. For this reason, as a team working on a game-changing project, we gauge our success using the list of factors below.

Scope : we ensure that our project meets its original scope. Whether or not a project meets its original scope is one of the most important factors in determining its success.

Schedule: we consider the timeline for on time compilation of the project,Whether or not a project was completed on time depends on the specific project and its goals.

Budget : we control if a project stays within its budget, There are a number of things that can be done to help ensure that a project stays within budget.

1. Create a realistic budget. 
2. Track our spending. 
3. Be flexible. 
4. Use project management software. .

[IMPACT] Please describe your plans to share the outputs and results of your project?

The Wisdom Peer to Peer Network will give users, such as students, mentors, and businesses, access to networking opportunities, educational materials, practical experience with real-world issues, equitable access to elementary, primary, secondary, and higher-level education, as well as resources and opportunities to develop our skills and follow our passion and dreams. For enterprises, universities, startups, and other types of organizations who want to interact with the network and contribute to it, our platform also provides a development environment. 

[CAPABILITY/ FEASIBILITY] What is your capability to deliver your project with high levels of trust and accountability?

Due to our team's experience developing blockchain-based web apps (dapps), smart contracts, and actively participating in workshops, hackathons, and other related programs and events, we were able to complete and deliver the project on schedule.

[CAPABILITY/ FEASIBILITY] What are the main goals for the project and how will you validate if your approach is feasible?

The Wisdom peer to peer Network is a decentralized platform that encourages people to share their knowledge and experiences with one another in order to achieve personal development. It underlines how crucial it is to build relationships with people who can provide insightful and unique opinions. It's a network where individuals may share knowledge and aid one another on their paths to wisdom and wellbeing. This network can be created through a variety of channels, such as close friendships, mentorship initiatives, internet forums, or business networks. The goal is to establish a welcoming environment where people may seek advice and direction from people with appropriate knowledge and experience.

[CAPABILITY/ FEASIBILITY] Please provide a detailed breakdown of your project’s milestones and each of the main tasks or activities to reach the milestone plus the expected timeline for the delivery.

We planned to work on the project with four milestones, each of which would have a three-month deadline and a particular focused duty. 

• Millstone 1: (within three months following money realization)

An implementation and development road map has been researched and prepared.

• Millstone 2: (3 months following the completion of Millstone 1) 

gathering the necessary resources and beginning the development under the direction of our roadmap 

• Millstone 3: (3 months after the completion of Milestone 2).

Test our product online and create a beta version for usability and user experience testing. 

• Millstone 4: (the final two to three months after the first three millstones have been completed)

completion of the product and launch of the core network version 1.0.

[CAPABILITY/ FEASIBILITY] Please describe the deliverables, outputs and intended outcomes of each milestone.

• Millstone 1: (within three months following money realization)

An implementation and development road map has been researched and prepared.

• Millstone 2: (3 months following the completion of Millstone 1) 

gathering the necessary resources and beginning the development under the direction of our roadmap 

• Millstone 3: (3 months after the completion of Milestone 2).

Test our product online and create a beta version for usability and user experience testing. 

• Millstone 4: (the final two to three months after the first three millstones have been completed)

completion of the product and launch of the core network version 1.0.

[RESOURCES & VALUE FOR MONEY] Please provide a detailed budget breakdown of the proposed work and resources.

a detailed budget breakdown of the proposed work and resources of Wisdom Network for one year time frame :

Expenses

• Staff salaries: $100,000
• Marketing and outreach: $30,000
• Technology and infrastructure: $50,000
• Administrative expenses: $20,000

Total Expenses: $200,000

Breakdown of Proposed Work

• Staff salaries: The Wisdom Network will employ a team of three full-time staff members, including a director, a program manager, and a marketing associate. Their salaries will total $100,000 per year.

Development :

Documentation:

• Content creation (e.g., website, blog, white papers)
• Training materials (e.g., user guides, tutorials)
• Support documentation (e.g., FAQs, troubleshooting guides)

• Marketing and outreach: The Wisdom Network will invest in marketing and outreach to raise awareness of the network and its mission. This will include creating and distributing marketing materials, attending conferences and events, and running social media campaigns. The cost of marketing and outreach is estimated to be $30,000 per year.

Publicity:

• Media relations (e.g., press releases, media kits, pitching stories)
• Event planning (e.g., speaking engagements, workshops, community events)
• Social media marketing (e.g., content creation, paid advertising)

Marketing:

• Market research (e.g., surveys, focus groups)
• Product development (e.g., design, testing)
• Pricing (e.g., setting prices, discounts)

Promotion:

• Sales
• Customer service (e.g., support, feedback)
• Referrals (e.g., incentive programs, partner marketing)

Community engagement:

• Volunteer management (e.g., recruiting, training, scheduling)
• Event planning (e.g., meetups, hackathons, conferences)
• Social media engagement (e.g., responding to comments, moderating groups)

• Technology and infrastructure: The Wisdom Network will need to invest in technology and infrastructure to support its operations. This includes the development of infrastructure, the purchase of software licenses, and the cost of hosting and maintaining the network's infrastructure. The cost of technology and infrastructure is estimated to be $50,000 per year.

• Administrative expenses: The Wisdom Network will incur a number of administrative expenses, such as accounting, legal fees, and office supplies. The cost of administrative expenses is estimated to be $20,000 per year.

Project management:

• Project planning (e.g., scope, timeline, budget)
• Project execution (e.g., tasks, deliverables, milestones)
• Project risk management (e.g., contingency plans, mitigation strategies)

Reporting back to the community:

• Newsletters (e.g., updates, announcements)
• Social media posts (e.g., highlights, insights)
• Community surveys (e.g., feedback, suggestions)

Overall, the Wisdom Network is a sustainable and scalable decentralized organization with the potential to make a significant impact on the world. The proposed budget is realistic and achievable, and the network has a strong team of experienced professionals who are committed to its success.

[RESOURCES & VALUE FOR MONEY] How does the cost of the project represent value for money for the Cardano ecosystem?

By utilizing the potent technology known as blockchain, Cardano seeks to address social issues. Wisdom peer-to-peer network and Cardano share a similar dream and vision, demonstrating how much we respect Cardano's goals and work in the education and area. We also want to work closely with Cardano's community and give back by creating and enhancing infrastructure on the Cardano blockchain.

We can guarantee that every resource we receive from this grant will be used to develop this project idea and support it until we complete and materialize our product in accordance with our roadmap and are managed in accordance with the strategy we established in each and every milestone. 

[IMPORTANT NOTE] The Applicant agreed to Fund10 rules and also that data in the Submission Form and other data provided by the project team during the course of the project will be publicly available.

I Accept