Impact Web3 - The Ecosystem where Impact Measurement, Investing, and Verification collide and empower positive change through the Cardano Blockchain

[GENERAL] Name and Surname of Main Applicant

Impact Web3

[GENERAL] Email address of Main Applicant

impactweb3@gmail.com

Additional Applicants

Sustainable ADA

Razali Samsudin

Cole Bartlett

[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.” in this field.

No dependencies.

[GENERAL] Will your project outputs 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.” in this field.

Project will be fully open source.

[METADATA] Category of Proposal

RealFi

[METADATA] SDG rating

SDG 4: Quality Education

• The Sustainable ADA platform focuses on sustainable education and raising awareness about blockchain-for-good initiatives. By providing educational content and expanding the educational hub, Impact Web3 contributes to promoting quality education.

SDG 9: Industry, Innovation, and Infrastructure

• Impact Web3's focus on building and managing decentralized technologies aligns with SDG 9. By leveraging blockchain technology and decentralized platforms, we promote innovation and contribute to developing sustainable infrastructure.

SDG 16: Peace, Justice, and Strong Institutions

• The Domino DAO project, which aims to promote social and environmental impact through blockchain-based governance, aligns with SDG 16. By fostering transparency, accountability, and community participation in decision-making, Impact Web3 contributes to building strong and inclusive institutions.

SDG 17: Partnerships for the Goals

• Impact Web3's overall mission and vision align with SDG 17, which emphasizes the importance of partnerships and collaborations to achieve sustainable development. Through our various projects and initiatives, Impact Web3 aims to foster partnerships, connect stakeholders, and create a comprehensive ecosystem for driving positive impact and sustainability.

By addressing these SDGs, Impact Web3 actively contributes to the broader global agenda of achieving sustainable development and creating a more equitable and sustainable future.

[IMPACT] Please describe your proposed solution.

Pre-Funding Activity 

We have been very busy at both Impact Web3 and Sustainable ADA. Over the last three years, we have been creating partnerships, and developing relationships to put together the puzzle pieces and create the Sustainable Blockchain4Good ecosystem and community we have been dreaming to create. From all of our research, evaluation, and learning we have set ourselves up for our next steps in our impact journey. 

Post Funding Activity 

Launching Impact Web3 - an ecosystem of products and tools that support one another in creating larger ripple effects of positive social and environmental impact.

Impact Web 3 is a company that is focused on building and managing decentralized technologies that enable positive impact and sustainability initiatives. The company oversees several key projects that work together to create a more sustainable and equitable world.

One of the primary projects under Impact Web3 is the Sustainable ADA platform. This platform is built on the Cardano blockchain and is designed to facilitate sustainable education and raise awareness about blockchain4good, and especially Cardano4Good initiatives. Through Sustainable ADA, Impact Web3 was born.

The aim of creating Impact Web3 is to provide more educational content to users, and bring to life our mission of creating disruptive positive impact around the world. All of our initiatives are focused on helping show the importance of prioritizing sustainability and regenerative web3 projects that solve actual real world problems.

Another project under Impact Web3 is the Domino DAO, which is a decentralized autonomous organization that aims to promote social and environmental impact through blockchain-based governance. The DAO is designed to allow community members to take part in the work of impact evaluation. As an impact evaluator and DAO member, you can propose new ideas and vote on initiatives that can help the platform create greater positive change in the world.

The Proof of Impact Project (PIP) is another key initiative under Impact Web 3. This project is focused on developing a platform that can verify and quantify the impact of sustainability projects, making it easier for investors and other stakeholders to assess the social and environmental impact of their investments. 

This project works side by side with the Domino DAO to help connect our DAO community with an impact measurement framework, and pool of impact projects. We will be providing job opportunities and adding roles for community members who want to support or just are interested in earning a wage. By helping companies track, trace, and verify their impact.

We will be researching how to best create this DAO and integrating the first stage of development to move toward a completely decentralized impact community. In this first stage, we will be creating a Token for DAO members. This will be an NFT called the "Domino DAO Founders Pass". This will give members lifetime access to DAO activities. Over time we will allow for the burning and minting of the DAO Founder Passes and after we have created a pool of founders we will move into a New "Member DAO Pass". As we expand to larger groups of members and new opportunities. This will also allow us to test new tools and scale the community in a way where all members have a voice and we are able to support all impact investors and evaluations entering our ecosystem. We want the Domino DAO the perfect place to onboard new users to Cardano and we believe by taking the proper steps in expanding this community we will be able to effectively reach this goal. This will be an organic growth method and allow us to efficiently scale our community for success.

Impact Web 3 is a company dedicated to using blockchain technology to create positive change and promote sustainability in the world. The company's various projects work together to create a comprehensive ecosystem and community that can help drive positive impact and sustainability initiatives forward. Through Impact Web3 we want to interconnect all the Blockchain for Good projects across all blockchains. But keeping a focus on Cardano as it is a leading blockchain for Impact. Seen in the Cardano Impact Report 2023.

https://sustainableada.com/cardano-impact-report/

Why we need Impact Web3 part of the Cardano community:

Vision:

Our vision at Impact Web 3 is a world where sustainability and positive impact are at the forefront of technological innovation. Where decentralized technologies empower individuals and organizations to work together in creating a more sustainable and equitable future for all.

Mission:

At Impact Web 3, our mission is to build and manage decentralized technologies that enable positive impact and sustainability initiatives.

We strive to provide educational content and raise awareness about the importance of prioritizing sustainability in web3 projects through our Sustainable ADA platform.

Domino DAO aims to promote social and environmental impact through blockchain-based governance and allow community members to take part in impact evaluation and be rewarded for their efforts.

We are actively working towards developing a platform, the Proof of Impact Project (PIP), that can verify and quantify the impact of sustainability projects, making it easier for investors and other stakeholders to assess the social and environmental impact of their investments.

Our projects are interconnected, working together to create a comprehensive ecosystem and community that can help drive positive impact and sustainability initiatives forward.

This funding will enable Impact Web3 to take the next steps in creating greater impact in the Cardano ecosystem and beyond. 

Our Core Focus Areas with Impact Web3:

Education and Media: Sustainable ADA

Revamp the Sustainable ADA Educational Hub

• Support the Cardano Impact Report Initiative 
• Support expansion of educational content 
• Videos
• Courses with partners Blockchain Learning Center
• Virtua Metaverse Educational experience 
• Content Creation Fund
• Onboarding more creators and members to the Sustainable ADA team

Impact Measurement & Investing: Proof of Impact Platfrom (PIP)

• Develop the PIP Platform 
• Finalize White Paper
• Onboard First NGO
• Create Dynamic Proof of Impact NFTs (CIP-68)
• Develop an Impact Project Dashboard
• Develop an investor/supporter public dashboard  

Onboarding: Domino DAO (DD)

• Create a founding board for Domino DAO (DD)
• Finalize White Paper
• Research and test learn to earn model 
• Research using community tools like the Andamio platform
• Integrate voting tools for DAO via Clarity and Summon platforms
• Create onboarding info and start to create a community of impact investors, evaluators, & projects
• Create Impact Evaluation PBL certification course to prove our evaluators are certified and have the proper skills
• Research DID integration with ecosystem service providers such as ProofSpace, Atala Prism, IAMX

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

Our proposed solution, Impact Web3, directly addresses the challenge by focusing on building and managing decentralized technologies that enable positive impact and sustainability initiatives within the Cardano ecosystem. Through our various projects, we aim to create a comprehensive ecosystem and community that promotes sustainable education, impact measurement, and blockchain-based governance.

Firstly, our Sustainable ADA platform, built on the Cardano blockchain, plays a crucial role in raising awareness and providing educational content about blockchain4good, and especially Cardano4Good initiatives. With the funding, we plan to revamp the Sustainable ADA Educational Hub, expand educational content, including videos, courses in partnership with the Blockchain Learning Center, and even create a virtual metaverse educational experience in Virtua. These efforts will empower users to understand the importance of prioritizing sustainability in web3 projects and encourage broader adoption with real world positive impact.

Our Proof of Impact Project (PIP) focuses on developing a platform to verify and quantify the impact of sustainability projects. This platform will allow investors and stakeholders to assess the social and environmental impact of their investments more easily. With the funding, we will finalize the PIP platform, onboard our pilot project with our first NGO, create dynamic Proof of Impact NFTs, and develop an Impact Project Dashboard. These initiatives will provide transparency and accountability, making sustainable investing more accessible and attractive.

The Domino DAO, another project under Impact Web3, promotes social and environmental impact through blockchain-based governance. With the funding, we will establish a board, finalize the White Paper, build upon open access research to develop our learn-to-earn model, explore the use of the Andamio Platform, integrate voting tools, create onboarding information, and offer an Impact Evaluation PBL certification course. These efforts will enable community members to actively participate in evaluating and driving impactful initiatives.

By addressing these challenges and leveraging the funding to enhance our projects, Impact Web3 will bring significant benefits to the Cardano ecosystem, and demonstrate to the world what Cardano4Good is all about! 

These benefits include:

Increased awareness and understanding: The educational initiatives under Sustainable ADA will empower users to grasp the importance of sustainability in blockchain projects, fostering broader adoption and support within the Cardano community.

Transparent impact assessment: The PIP platform will provide investors and stakeholders with reliable data to evaluate the social and environmental impact of sustainability projects, enhancing trust and attracting more sustainable investments.

Community empowerment: Through the Domino DAO, community members will have a voice in impact evaluation and decision-making processes, creating a more inclusive and participatory ecosystem that aligns with Cardano's decentralized principles.

Collaboration and knowledge sharing: Impact Web3's projects will facilitate collaboration between various Blockchain for Good projects, not only within the Cardano ecosystem but also across different blockchains, fostering innovation and collective efforts for positive change.

Our proposed solution, Impact Web3, directly addresses the challenge by leveraging decentralized technologies to promote positive impact and sustainability within the Cardano ecosystem. 

By investing in education, impact measurement, and blockchain-based governance, we aim to create a more sustainable and equitable future for all stakeholders in the Cardano community and beyond.

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

Type of proposal: Research & development

Success Metric:

Research & development - Number of projects utilizing new approaches to development or node operation, number of new standards created due to research efforts.

Development projects most suited here will be open source with the aim of the work executed being available for the benefit of other projects to use and build their applications with

Projects are welcome to make proposals in this category for any specific parts of their project that would be open source and should have benefit to the wider ecosystem around improving the development ecosystem or operation of Cardano.

Why is it important?

Developers need tools and software to more easily build and scale applications and integrations on the Cardano blockchain

What does success looks like?

Innovation in tools, software or research that support how developers build applications or that help with improving Cardano infrastructure

Key metrics to measure:

• Increasing the scalability of Cardano through the introduction of solutions that could in the form of research, layer 2 solutions or integrations of existing solutions.
• Increase the number or quality of the standards, resources and research that make it easier for node operators and developers to understand the ecosystem and to improve the overall quality of the software being delivered across the ecosystem.

We will be measuring the following KPI:

Education: Sustainable ADA

Revamp the Sustainable ADA Educational Hub

• Time supporting Cardano Impact Report Initiative 
• # of new content types 
• # of educational content pieces 
• # of courses
• # of Partnerships

Impact Measurement & Investing: Proof of Impact Platform (PIP)

• Launch White Paper 
• # of Impact measurement data points 
• # of Dynamic NFTs
• # of team members onboarded
• # of investors 
• # of Donors
• # of partnerships

Onboarding: Domino DAO

• # of board members 
• # of advisors 
• # of hours researching learn to earn model 
• # of Onboarding Resources 
• # Of Members Onboarded
• # of Community Mods
• # of Partnerships

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

We plan to share the outputs and results of our project through various channels, including social media platforms, community forums, and the Sustainable ADA website. 

We will publish regular updates, of discussions held in Cardano for Good, and feature the achievements of the showcased projects. We will share updates on our milestones and increase marketing efforts to create more transparency and encourage more participation in our educational content.

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

Our accountability and dedication to the Cardano community can be seen with all the effort our small team has done in the past and is still continuing to build and support the ecosystem. 

We have had a lot of success while growing Sustainable ADA over the last few years. We have been closely connected to the Cardano community through our Project Catalyst proposing experience. 

Learn more about all of our past funded projects here: https://sustainableada.com/catalyst/

Sustainable ADA has created: 48 individual stories on projects building in the Cardano community and making the world a better place.

More info here: https://sustainableada.com/news/

Sustainable ADA also created the Cardano Impact Report where they highlighted over 65+ Impact Project buildings on Cardano to make the world more sustainable and equitable for all. 

Free Version can be found here: https://sustainableada.com/cardano-impact-report/

More work we have taken part in:

Impact Measurement research: https://www.canva.com/design/DAFC7zRNrdg/em1s_yQDnNU6sPW6KJ8hnA/view?utm_content=DAFC7zRNrdg&utm_campaign=designshare&utm_medium=link&utm_source=publishsharelink

Positive Blockchain Cardano Integration and Project Catalyst Support:

https://positiveblockchain.io/

We have been creating a community of impact, forged through strategic and impactful partnerships:

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

The main goals are to kick start the Impact Web3 ecosystem and start to onboard more partners and users into our ecosystem top take the next steps and develop a platform with a focus on verifiable, immutable, trustless impact measurement.

With our three core focuses at Impact Web3 

Education: Sustainable ADA

Goals - Revamp and expand the educational efforts at Sustainable ADA. We plan to do this by creating a variety of multimedia content and sharing this content to a greater audience. We will create strategic partnerships and partner and help other Cardano community educational initiatives. We also will drive support of the Annual Cardano Impact Report, and continue to find ways to expand our reach with this effort. We will be creating a metaverse educational hub in the Virtua metaverse.

Impact Measurement: PIP

Goals - Finalizing the documentation for the PIP platform. Gluing the puzzle pieces together to develop and build the Proof of Impact Platfrom. Developing dynamic Proof of Impact NFTs. Onboarding the first NGO to the platform. Developing user dashboards. Launching the PIP token.

Onboarding: Domino DAO

Goals - Launch the Domino DAO. Creating a board. Finalizing the Whitepaper. Researching and developing a Learn to Earn model. Looking into partnerships with projects and community tools. Create a Voting tool. Create Onboarding material. Research and launch Impact Evaluation PBL Certification Course.

[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.

(6 milestones over the course of 12 months)

Month 1-2 Milestone #1: Finalize White Paper Strengthen Partnerships Onboard Team Members 

PIP Proof of Impact Platform: 

• Finalize White Paper  
• Finalize Partnerships
• Onboard CTO
• Onboard Two Devs
• Onboard Advisors

Deliverables:

• Add the last pieces to our White Paper and have advisors sign off on it
• Finalize any strategic partnerships for the success of PIP and create disclosure documentation for partnership confirmation.
• Talk with Advisors to have support with finding a CTO release job posts and the opportunities to our community.
• With the CTO onboard two devs
• Finalize the advisory board and release a board statement to community

Sustainable ADA: Education Revamp

• Provide live weekly sessions about the CardanoforGood community 
• Develop stories on projects in the African, Latam, and Asian communities 
• Onboard marketing support
• Promote 5 new contributors positions from pockets across the globe 
• Create a marketing/ social media promotional plan 
• Connect projects to the Positive Blockchain community 
• Create a repository for current projects that have changed course or who have had big improvements 
• Promote onboarding of community mods

Deliverables:

• Continue the Cardano for Good weekly live stream and invite Cardano impact projects
• Create partnerships and use existing with LATAM, African and Asian communities to bring more info on projects from these regions.
• Create proper material to onboard marketing support
• With marketing support create a social post plan to start and market and promote the content
• Create and interview contributors to join our team minimum 5
• Create job listing and promote onboarding of a community mod

Domino DAO: 

• Finalize White Paper 
• Create Partnerships
• Learn to Earn & DIDs
• Research Treasury tools
• Look for DAO product partners
• Look for DID certification partners
• Create POC Impact Certificate
• Create DAO NFTs to help fund and give DAO access to early supporters or people interested in being DAO members 
• Create DAO handbook
• Develop a Board 
• Create DAO Sign-Up

Deliverables:

• Add the last pieces to our White Paper and have advisors sign off on it
• Finalize any strategic partnerships for the success of Domino DAO and create disclosure documentation for partnership confirmation.
• Research into integrating a Learn to Earn model by looking at current models and how we can integrate them into the DAO. Also, research into DID tools like Proofspace and finding ways to integrate
• Begin the research into treasury tools and the best ways to maintain and provide DAO treasury security
• Begin the creation of a handbook
• Start research and example for a POC on impact certifications
• Create a DAO sign-up landing page.

Month 3-4 Milestone #2: Onboard Developers and connect partners 

PIP Proof of Impact Platform: Finalize Onboarding 

• Onboard developers and partners 
• Release the White Paper

Deliverables:

• Create job roles and onboard the first CTO, developers and new project partners.
• Finalize the White Paper and release V1 after the Avisors review.

Sustainable ADA: Launch Educational Content 

• Onboard Content Creators 
• Add new projects and Cardano 4 Good project highlight to the PB database so they can get more exposure 
• Onboard 5 contributors 
• Onboard Social media 
• Hire 3 community mods 
• Launch Discord Community Hub

Deliverables:

• Promote the need of Content creators and onboard. Share benefits and launch the incentive pool for community members.
• Get ready all of the Cardano 4 Good projects ready for migration to the PB database.
• Officially onboard 5 new part-time contributors and share roles opportunities
• Prepare our Discord for launch and launch the discord by the end of milestone 2

Domino DAO:

• Onboard developers and partners 
• Release the White Paper
• Reach out and talk to community tools
• Create partnerships 
• Hire 3 discord mods
• Onboard 2-4 board members 
• Develop tokenomics for DAO incentives from the PIP token
• Launch DAO NFT

Deliverables:

• Create job roles, developers and new project partners. But begin with mostly just partners and use the community tools at our disposal without the need to develop our own tooling.
• Finalize the White Paper and release V1 after the Avisors review.
• Launch our DAO member token and the start of the treasury
• Onboard the first board members and have them sign Board role amendment
• Launch the role and hire 3 discord mods (already talking to community members)

Month 5-6 Milestone #3: Set up the MVP & Finalize Tokenomics

PIP Proof of Impact Platform: 

• Finalize the MVP 
• Have Tokenomics reviewed
• Create token launch schedule 
• Test Proof of impact NFTs

Deliverables:

• Our partners finalized the MVP so we are ready to start onboarding the first NGO
• Finalised our proposed tokenomics for the PIP token and share it with our tokenomics expert.
• After token expert reviews create a token launch schedule and get token ready
• Test the proof of impact NFTs and get ready to integrate with the first NGO we are onboarding

Sustainable ADA:

• Develop Video education content on specific project highlights 
• Experiment with ways to monetize our content 
• Partner with community members to promote their work and receive incentives for bringing customers to their platforms
• Start Development of Virtua Metaverse Educational Hub
• Work with BLC & BeanChain

Deliverables:

• Onboard video content creator to support the Sutainable ADA team.
• Create and launch first video educational content from a project we have already highlighted before
• Research content monetization models and ways to bring more funding to this important work
• Begin development of a Sustainable ADA educational Hub in Virtua Cardano Isaland
• Create a course with Blockchain Learning Center

Domino DAO:

• Launch first DAO tools
• Voting 
• DAO NFT Token
• DAO Incentives 
• DAO Treasury 
• Announce First Board member

Deliverables:

• Test internally and launch the first DAO tools to help with the Founders Token, DAO incentives, and treasury management
• We will be announcing our official first members

Month 7-8 Milestone #4: Launch pre-sale & Start initial development 

PIP Proof of Impact Platform: 

• Launch token presale
• Develop marketing material for token sale 
• Create an onboarding kit for first NGO and create the model for onboarding business

Deliverables:

• Finalize and launch the official token sale and begin with a pre-sale.
• Create and finalize the marketing material and promotional material to share the PIP token launch.

Sustainable ADA:

• Launch trial for monetization plan
• Launch the first educational videos and a course on bean chain

Deliverables:

• We will finalize the monetization plan and launch a test rial to see if it works with our outputs.
• We will launch the first educational videos and courses published on the BLC

Domino DAO:

• Community NFT Token Sale Launch
• Finalize PBL certification course
• Get Project Based Learning (PBL) Course testers

Deliverables:

• We will have our founding members pass launched and begin the onboarding of the first members to the Domino DAO
• We will finalize the first version of our PBL impact evaluation certification course.
• We will onboard course testers to improve the content and process.

Month 9-10 Milestone #5: Finalize first MVP Development & Onboard NGO

PIP Proof of Impact Platform: 

• Launch the first MVP of PIP
• Create NGO Onboarding material 

Deliverables:

• Finalize last steps to launch our MVP of PIP and start to create onboarding material for our first pilot NGO.

Sustainable ADA:

• Finalize a content launch schedule 
• Finalize the final report have 5-10 community partners review 
• Create marketing material

Deliverables:

• We will finalize a content launch schedule and plans for after our proposal competition.
• We will also help finalize the impact report and create promotional material to help share it to as many different communities as we can.

 Domino DAO:

• Launch example Learn to Earn MVP
• Launch example Impact Evaluation Certifications

Deliverables:

• Launch our first MVP on a Learn to Earn model to integrate into the DAO impact certification framework

Month 11-12 Milestone #6: Launch MVP and Proof of Concept

PIP Proof of Impact Platform: 

• Onboard NGO & Test with NGO
• Launch first Proof of Impact Dynamic NFT
• Capture documentation on first proof of concept with NGO

Deliverables:

• Onboard the first NGO and take notes and ways to better the process during this stage.
• We will launch our first Dynamic Proof of Impact NFT and get the first NFT fundraising event to take place.
• Document the entire process.

Sustainable ADA:

• Promote the Cardano Impact Report for the Sustainable ADA team
• Launch finalized Sustainable ADA Educational Hub
• Provide rewards for coming to the learning experience 
• Provide education sessions

Deliverables:

• Use marketing material to promote the Impact Report expressing all the collaborations behind this initiative
• Launch the Revampoed EDU hub and a launch schedule for the first education sessions and rewards from our learning experience.

 Domino DAO:

• Get testimonies from first DAO members 
• Share highlights and key stats
• Develop plan for next stage of DAO development 

Deliverables:

• Develop a plan for the next stages of development and scaling the Domino DAO to the next stage.
• Share highlights and key stats of the experience and provide community testimonies as a testament of our impact and success.

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

As a result of our work at Impact Web3, Sustainable ADA, Proof of Impact Platform (PIP) and Domino DAO, we intend that the Cardano ecosystem and community will find the resources and guidance they need to support them and their stakeholders on an impactful journey.

We are working to connect the dots between web3, Cardano and a sustainable and equitable world.

We will measure our project's progress by achieving our deliverables and milestones as set out in the previous section.

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

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

The cost of the project represents value for money as it enables the creation of the Impact Web3 ecosystem. In turn, we will be able to bring groundbreaking tools to the Cardano ecosystem and bring more visibility and recognition of impactful projects building on Cardano. By investing in Impact Web3, and its umbrella of products and services, the community will gain access to valuable insights, collaboration opportunities, and inspiration to drive positive change. 

The costs are justified and a modest ask given the average salaries for a graduate, and postgraduate researcher and Teacher in our sectors, and given our track record in and out of the Cardano community to date based out of USA (Salt Lake City), and western Europe (London and Paris).

[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