Last updated a year ago
Lack of a comprehensive ISPO aggregator makes it hard to decide whether ISPO is worth participating. New teams from various chains may find it hard to start their own Initial Stake Pool Offering.
Create an ISPO aggregator platform with reviews to facilitate informed participation and empower new teams in launching successful Initial Stake Pool Offerings through tech and marketing assistance.
This is the total amount allocated to ISPO Center - Aggregator, reviews, tech & marketing support in running ISPOs.
Nikodem Zegzda
No dependencies.
Project will be fully open source.
SDG 4: 4 - Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all
In our proposal, we aim to address the problem of the lack of a comprehensive ISPO aggregator, which makes it difficult for participants to make informed and financially-efficient decisions on where to stake or whether to stake their ADA with ISPO at all.
We have chosen to approach this problem by creating a dedicated platform that serves as an aggregator, offering reviews, analyzes of new ISPO projects.
Another part of the platform will be dedicated to new teams - both coming from Cardano and from other chains, wishing to explore opportunities given by our favourite blockchain via providing tech support, easy guides and marketing assistance in a later stage.
Our project will engage the Cardano community, particularly hodlers interested in participating in ISPOs and teams looking to launch their own crowdfundings. By providing a complete platform with comprehensive information, reviews, and support, we aim to empower participants to make informed decisions and enable new teams to run the ISPO successfully.
What makes our solution unique is the combination of a 'simple' aggregator platform with additional features such as reviews and deep analyzis, as well as comprehensive support for both stakers and ISPO providers. This comprehensive approach will benefit both participants and teams, ensuring a more transparent and efficient ISPO ecosystem on Cardano. We believe it will foster greater engagement, increase the quality of ISPO projects (as the discussable ones will be quickly 'marked'), and contribute to the overall growth and success of the Cardano ecosystem.
We will prove our impact by tracking the engagement and participation levels on our platform, gathering feedback from users, and monitoring the success rate of ISPOs facilitated through our platform. Through these measures, we aim to showcase the positive influence of our solution on the Cardano community and the successful launch of ISPO projects enriching the Cardano network globally.
Our proposal directly addresses the aspects outlined in the SPO challenge description. Our future project aligns with its objectives by providing essential support and resources specifically tailored for Initial Stake Pool Offerings participants (Cardano stakers) and teams (ISPO runners).
The proposal tackles the existing problem of a lack of comprehensive information and resources for individuals and teams interested in participating in ISPOs, either as stakers or as crowdfunders. Through the ISPO Center, we will offer valuable support in the form of experience sharing, public reviews (targeted for ADA stakers) as well as technical assistance, marketing guidance, and operational expertise (targeting startup teams), ensuring that ISPOs can be successfully launched and managed.
Firstly, our proposal should attract a wider range of participants to the ISPO model.
Secondly, the ISPO Center will foster transparency and trust within the ISPO ecosystem. By providing aggregated reviews and ratings, potential participants will be able to make informed decisions about which ISPOs to engage with, resulting in greater confidence and reduced risks for both investors and project teams.
In addition to the impact on ISPOs themselves, our proposal will bring value to the Cardano ecosystem by showcasing the platform's capabilities and attracting new users and developers. By providing a user-friendly and supportive environment for ISPOs, we will help in positioning Cardano as a leading blockchain platform for fundraising and project launches.
While it is challenging to quantify the exact impact, we believe that our solution will significantly increase participation in ISPOs by increasing safety and transparency, attract new teams to launch on Cardano and generate increased engagement and activity within the ecosystem.
To measure the success of our proposal, we will utilize a combination of quantitative and qualitative metrics on the project's benefits for the Cardano ecosystem.
This may include:
We will collect feedback through surveys, interviews, and community interactions to gain insights into the perceived value and impact of the ISPO Center.
We have comprehensive plans to share the results of our project to ensure maximum visibility and utility within the Cardano community.
We plan to create a lasting impact that extends beyond the completion of the project, driving continuous improvement and innovation within the Cardano ecosystem. We see a lot of different ways our basic project can expand in the further future.
Our capability to deliver the project with high levels of trust and accountability is backed by our proven track record and expertise in the Cardano ecosystem. As Cardano Ambassadors and experienced participants in previous Catalyst funds, we have demonstrated our commitment to delivering successful projects.
The main goals for our proposal are:
As our project involves content creation, community engagement and to some extent software development, we will implement a feedback-driven approach. We will gather input from users, stakers, ISPO projects to continuously improve the platform's features, refine our review process, and tailor our technical and marketing support to meet the needs of all kinds of ISPO participants.
Milestone 1: Company formation and basic website development (~2-3 months)
Activities:
Milestone 2: Minimum Viable Product (MVP) development (~2-3 months)
Activities:
Milestone 3: Content creation and reviews (continously ongoing, ~2 months for collecting proper content base)
Activities:
Milestone 4: Marketing initiatives and community engagement (continously ongoing, ~2 months to establish partnerships and help first projects release their ISPOs)
Activities:
Those milestones roughly sum up to 12 months, giving us a year to develop fully functional platform supporting both users and project developers.
Milestone 1 success criteria:
Milestone 2 success criteria:
Milestone 3 success criteria:
Milestone 4 success criteria:
Milestone 1: Company formation and website development
Milestone 2: Minimum Viable Product (MVP) Development
Milestone 3: Content creation (12 months)
Milestone 4: Marketing and Promotion
Other costs:
Total Budget: $44,300; counting 1 ADA = 0,3 USD ~ 147667 ADA
In our opinion the cost of the project represents good value for money for the Cardano ecosystem:
In summary, the project's cost represents value for money by delivering a comprehensive solution for ISPOs, aligned with industry standards, and supporting the general growth of the Cardano ecosystem. The team's plans for future expansion and commitment to marketing initiatives to further enhance the project's potential impact and value.
Kornel Gajewski - idea creator; Cardano Stake Pool operator running CCPL stake pool; 5 years of experience as blockchain translator, writer and editor in top Polish crypto media outlet BeInCrypto (focused mainly on "Learn" educational series)(https://pl.beincrypto.com/author/kornel/), Cardano Ambassador since 2018 (https://forum.cardano.org/u/cornl) - https://www.linkedin.com/in/kornel-gajewski-93508b165/
Interested in web development since high school :-)
Nikodem Zegzda - supporter; successful investor, podcaster, owner of Wieczorową Porą brand, entrepreneur, founder of Lideruj.pl, company focused on organizing online and offline trainings and workshops - https://www.linkedin.com/in/nikodemzegzda/; Cardano Ambassador
We are after initial talks with various contacts we gathered throughout our "online careers". We have confirmed the ability to gather appropriate team of coders to make our initiative live in the following year.