SPO 4 Life

[GENERAL] Name and surname of main applicant

Bodin Liâm

[GENERAL] Email address of main applicant

liambodin99@gmail.com

Additional applicants

Benjamin Ben-Zvi

Udai Solanki

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

10

[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

Other

[IMPACT] Please describe your proposed solution.

Cardano users might find it difficult to stake since they do not know much about the different SPOs. There are around 3500 of them and on any Cardano wallet (Lace, Yoroï) there is no information about the SPOs. It only exists an exposition on the platforms without further information, which is in our opinion a break to staking since it is hard to find basic and easily accessible information about the SPOs.

Our solution is to create a simple website that will classify all the SPOs according to their characteristics. For instance, we will organize all the climate related SPOs together, all the technology related ones together, and so on.

In addition to that, we will provide small descriptions about each SPO as well as links to their websites for the users to have easy access to the information.

This website will be fully created by Udai that already have a great experience in the domain.

In order to realize this project, we want to send a form to every Stake Pool by email (that we would find on their website) that would gather information about them, this would include :

• Small description of their SPO
• What are they aiming for (climate, NFTs…)
• How much ADA is staked in these
• Who is holding it and for what purpose
• Are they satisfied with our website ?
• What Should we do to improve it ?

In our opinion, this will bring a lot more users to start staking since the information on “where you put your money?” will be very clear and accessible for everyone.

For the marketing and advertising of the website, we have a few ideas in mind : 

• During the TownHall, present our website when finished for the community to start using and sharing it
• We will promote it to every Cardano Wallet (EMURGO, IOHK,...) in order for them to share a link of it
• Be shared by the SPOs themselves to promote the ecosystem

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

“Kicking off Community based solutions to build SPO Tools & Platforms, to offer Services, Events, and Research”. This is what the success for the challenge looks like, and we clearly believe our idea fits in the challenge needs. We also believe that this project can be a really amazing SPO related initiative that will improve in the long run the Cardano Ecosystem.

Our solution will make it easier to understand and to choose where to stake. Staking is still a difficult thing to understand for new users and non-technical persons. Doing a website that is bringing them light on what it is, what impact it has, and why it could be interesting, would definitely allow the SPO community to grow as people would have more awareness of the advantages each one of the SPO has.

Moreover, the fact that we are doing it for the Cardano pools will lead the people that want to stake money in cryptocurrency to have more interest in this blockchain's ecosystem, and to make the Cardano SPO ecosystem more alive.

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

We will measure the success of the proposal based on several aspects : 

• The feedback of the community about the website (After TownHall)
• The number of visitors on the website. 
• The feedback from the different SPOs
• Growth of the listed SPOs
• The fact that our website could be listed into a wallet as a reference for choosing pools
• The number of SPOs listed

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

We will share an Excel sheet with all the data gathered from our website (number of visitors, the most searched category,...)

We will also share information monthly through the reports as well as gather all the information on the closing report / video.

We'll collect feedback from SPOs and share it in a summary document.

The fact that the website is online and easy to access would also be an output itself.

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

The resources needed for this project are not too difficult to manage, and we don’t rely on big collaborations that could be difficult to have. Therefore, we can be really confident about the feasibility of our solution, and have a big level of trust on our capabilities to succeed.

Our development partner has developed multiple complex software applications and has experience in development on Cardano platform.

The two other proposers have a good understanding and experience in the Cardano ecosystem. Benjamin already has been funded in Fund 9, which bring some trust in his work.

The accountability will only be on Google Analytics which is a good tool to analyze data from our website, and bring the outputs to the light.

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

The mains goals are : 

Allow community to understand easily staking and the solutions that do exist

To do so :

• feedback from the users
• feedback from the people responsible for the stake pools
• feedback from the catalyst community

Being a reference for the Cardano stake pool choice

To do so :

• see if we have been put under the light by the overall community of stakeholders (wallets, communities, pools itselves…)

Make the pools more visible and alive than what they are now

To do so :

• Analyze the Data we obtained to see if we helped to grow pools, and see how much people went through the websites

[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.

Month 1-2 : 

• On a sheet, put all the Stake pools, their website and the email address that corresponds to it. As well as small info about what they do.
• Prepare the form for the SPOs to fill up
• Send it to the different SPOs on the email address we found on their website, through this form, we will also ask if the SPO is satisfied with our website (for the monthly sent forms, after the development of the website, not for the first).
• Check the SPOs that did not fill up the form so we can try and contact them again if we find another way (Telegram or another email)
• Review and adapt the resume sent by the SPOs through the forms to make it more suitable for the website.

Month 3-4 : 

• Developing the website with online form to submit and edit the SPO information
• Send the form again so we have some updated information
• Check if there are no new Stake Pools that came that we could add to our Database

Month 5 : 

• Continue sending the forms as well as looking for new Stake Pools
• Complete the development of website with view and sorting functionality with database
• Start marketing and advertising : 
• Contact Daniel Ribar to be a speaker during the TownHall (prepare a presentation)
• Have an after TownHall session to get some feedback and answer questions from the community
• Share our website on the main Telegram Group of Catalyst for the people to access it easily
• Promote it to the organizations that made the Cardano Wallets (IOHK, EMURGO…) in order for them to add a link to it on their respective platforms so it is really accessible to everyone.

Month 6-8 : 

• Continue sending the forms as well as looking for new Stake Pools
• Continue with advertising
• Take into consideration the feedback that we get in order to make some modifications to the website

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

Our first deliverable will be our website, since it will be public and accessible for everyone.

We will also provide on the final report links to the Excel sheet that we have made with all the SPOs and their basic info as well as the Google form that is sent to all of these.

We will also note and share all the feedback that has been given and how we used it to improve the website. 

We will also show each Cardano Wallet that accepted to collaborate with us and that will show the impact of our project.

Also, through the answers of the forms, we can see if the SPOs are satisfied with our website, which is a really important aspect for the project to work well.

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

• Website Development
• UI/Front-end Development = 160 hours x 115 ADA = 18,400 ADA
• Database/Back-end = 80 hours x 115 ADA = 9,200 ADA

• Organizing each SPO on the sheet : 10 min x 3564 SPOs → 150 hours

150 x 115 ADA = 17250 ADA

• Preparing the form and sharing it monthly to the SPOs = 30 hours x 115 ADA = 3450 ADA

• Marketing and Advertising = 60 hours x 115 ADA = 6900 ADA

• Organize partnership with Cardano Wallet : 20 hours x 115 ADA = 2300 ADA

• Stay in communication with the SPOs and help them to improve their system thanks to received feedbacks : 60 hours x 115 ADA = 6900 ADA

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

This could be a huge opportunity to improve the ecosystem of Cardano since it will incentivize people to do some more staking. This will be tru even for the new people that are discovering Cardano ; it will be much easier for them to start staking thanks to this website.

Staking is a really important part of Cardano and we think that by improving this situation, we could create much more impact than expected.

[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