Decentralized Recruitment Platform on Cardano

[GENERAL] Name and surname of main applicant

Michael Doran

[GENERAL] Email address of main applicant

michael@teamsourced.com

Additional applicants

N/a

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

6

[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?

No

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

Only the components of the project that are funded through Catalyst will be open-sourced. These include all the smart contracts, serialization-lib code, DID code, and the decentralized recruitment protocol. However, our existing web2 product, which we have been developing for over 4 years, will remain closed source. It is not part of the Catalyst funding scope.

[METADATA] Category of Proposal

Identity Solutions

[IMPACT] Please describe your proposed solution.

Our solution is to develop a decentralized recruitment platform on Cardano. This platform will allow individuals to have full control over their personal data and offer a peer-to-peer hiring process that is transparent and fair. We'll use Cardano smart contracts to handle the data sharing permissions and the hiring process transactions.

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

Our solution addresses the challenge by leveraging the Cardano blockchain to decentralize the recruitment process. This will bring several benefits to the Cardano ecosystem: it will showcase the use of Cardano smart contracts in a real-world use case, increase the utility of ADA in the platform transactions, and attract both individuals and companies to the Cardano community.

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

We will measure the success of our project through several key metrics: number of registered users, number of completed hires, volume of ADA transactions on the platform, and user feedback and satisfaction.

[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 multiple channels: our platform's website, social media updates, blog posts, community presentations, and detailed reports at the end of each project phase.

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

Our team at TeamSourced has a proven track record in the recruitment industry, serving top tech-startups including leading NFT marketplaces, web3 companies, and globally recognized tech brands for over 4 years. We've built a top platform for recruiters, demonstrating our ability to deliver high-quality services consistently.

We are known for creating innovative solutions and maximizing value for recruiting operations, particularly at the top of the funnel, which is one of the most challenging aspects of recruiting for growing companies. Our platform facilitates collaboration among recruiters, enabling them to find, organize, and engage talent efficiently.

Our team, composed of experienced recruiters who have worked with high growth startups and some of the largest tech companies in Silicon Valley, brings a wealth of expertise to this project. We have the necessary skills, experience, and industry knowledge to deliver this project with a high level of trust and accountability.

Moreover, we've established robust quality assurance processes and real-time data analytics on our efforts, ensuring we can manage Catalyst funds responsibly and transparently. Our past accomplishments and the testimonials from our clients demonstrate our ability to deliver on our commitments.

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

Our main goal is to integrate blockchain and Cardano's Catalyst project into our existing recruitment platform, TeamSourced. This will enable us to add new features such as voting, proposal submission, and project tracking, effectively transforming our platform into a web3 application.

To validate the feasibility of our approach, we will leverage our existing infrastructure and knowledge of web2 applications and combine it with our expertise in blockchain technology. Our development team will set up a sandbox environment to test the integration of blockchain and Catalyst features into our platform. We will also engage with the Cardano community to gather feedback and make necessary adjustments.

[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.

1. Research and Planning (1 month): In this phase, we will conduct detailed research on the requirements for integrating blockchain and Catalyst features into our platform. We will also develop a project plan detailing the tasks, timelines, and resources needed.
2. Development (3 months): Our development team will work on integrating blockchain and Catalyst features into our platform. This includes setting up the necessary infrastructure, coding the new features, and testing them in a sandbox environment.
3. Testing and Validation (1 month): We will conduct extensive testing to ensure the new features work as expected. We will also validate the feasibility of our approach by engaging with the Cardano community and gathering feedback.
4. Deployment and Monitoring (1 month): Once we are confident in the stability and functionality of the new features, we will deploy them to our live platform. We will monitor the system for any issues and make necessary adjustments.

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

1. Research and Planning: A detailed project plan including requirements for blockchain and Catalyst integration, tasks, timelines, and resource allocation.
2. Development: A working version of our platform with integrated blockchain and Catalyst features, tested in a sandbox environment.
3. Testing and Validation: A validated and tested version of our platform, ready for deployment.
4. Deployment and Monitoring: A live version of our platform with new features, being actively monitored for performance and user feedback.

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

Our estimated budget for this project is as follows:

• Research and Planning: $10,000
• Development: $50,000
• Testing and Validation: $10,000
• Deployment and Monitoring: $5,000

This budget includes costs for personnel, infrastructure setup, and other resources necessary for the project.

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

The cost of our project represents significant value for money for the Cardano ecosystem. By integrating blockchain and Catalyst features into our existing recruitment platform, we are not only enhancing our platform but also contributing to the growth and development of the Cardano ecosystem. Our platform, with its expanded web3 capabilities, will serve as a real-world example of how Cardano's blockchain technology can be utilized in the recruitment industry, potentially leading to further adoption of Cardano technology.

[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