What products and integrations can be developed or improved that will offer more use cases to the Cardano ecosystem that are high impact and drive more adoption?
—- FUNDING CATEGORIES BACKGROUND —-
Funding categories offer an effective approach for doing funding categorisation in the Catalyst funding process. Funding categories if fully adopted can remove the issues and inefficiencies surrounding challenge settings.
Funding categorisation has a number of properties that can be analysed. Categorisation can be broad or specific, inclusive or exclusive and recurring or changing. Funding categories have been created based off the properties which are more effective for funding categorisation. Funding categories focus on being broad, inclusive and recurring - https://docs.catalystcontributors.org/funding-categorisation-analysis/categorisation-properties
Using more effective categorisation properties results in a number of advantages. Funding categories offer a more efficient, simple, flexible, scalable and egalitarian approach to do funding categorisation than challenge settings. Funding categories are effective for directing funding and also help to increase healthy competition - https://docs.catalystcontributors.org/funding-categorisation-analysis/funding-categories-advantages/overview
Funding categories achieve similar or often better outcomes than challenge settings for ensuring each focus area has access to funding in a given funding round - https://docs.catalystcontributors.org/funding-categorisation-analysis/historical-analysis-and-comparisons/funding-access-for-each-focus-area
Funding categories provide a 80% total cost reduction when used as a replacement to challenge settings. The numbers used for this estimation are also conservative - the savings are likely higher! Read more here - https://docs.catalystcontributoars.org/funding-categorisation-analysis/historical-analysis-and-comparisons/categorisation-overall-cost-comparison
The full list of funding categories can be found here - https://docs.catalystcontributors.org/catalyst-funding-categories/
—- BUDGET WEIGHTING VOTE —-
The total budget that gets applied to each funding category is determined using a democratic budget weighting vote.
Funding categories are assigned a percentage by each voting participant in the vote. A weighted average percentage is then achieved from the voting results. This percentage is then converted into the equivalent ADA value that will be requested for that funding category from the total amount of funding that will be available in the next round.
To register and participate in the budget weighting vote you can find all of the details in this funding categories documentation - https://docs.catalystcontributors.org/catalyst-funding-categories/budget-weighting-votes/fund-9
Products & Integrations focuses on the following areas:
Why this category is important
Cardano needs a thriving ecosystem of different products and integrations for the community to use that increasingly become the better alternatives over current centralised providers.
The more interesting and useful the products and integrations are in the ecosystem the more reasons people have to interact with the Cardano blockchain that can help further drive more adoption, feedback and further innovation.
Types of proposals to include
Potential success metrics for proposal types
This list is not exhaustive but provides some ideas for proposers to consider.
Considerations for proposers
Why is it important?
Cardano needs innovations and solutions that help the ecosystem reach its potential and help improve the systems we use across the world.
How does success looks like?
An increasing number of products and integrations that offer new solutions for people to interact with and benefit from using Cardano.
Key Metrics to measure
Tracking success for this category will mean:
Individual success metrics are added for the different types of proposal in the category brief. These metrics provide suggestions for how different proposal types could be audited.