Cardano Synergy Hub: Cultivating Innovative Concepts for the Future

[GENERAL] Name and surname of main applicant

Sabrina Liu

[GENERAL] Are you delivering this project as an individual or as an entity (whether formally incorporated or not)

Entity (Incorporated)

[GENERAL] Requested funds in ada

80000

[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] Summarize your solution to the problem (200-character limit including spaces)

Establishing the Cardano Synergy Hub and prototyping novel concepts, exploring uncharted territories, and providing a platform for new entrants to gain experience in product design processes.

[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] Please provide here more information on the open source status of your project outputs

The core concepts will be proprietary, but findings, methodologies, and less-sensitive data will be shared openly to benefit the wider Cardano community.

[SOLUTION] Please describe your proposed solution.

1. Innovation Hub Establishment : Create a virtual collaboration space for ideation, prototyping, and design research, bringing together a diverse group of innovators to generate and test early-stage concept
2. Concept Development Workshops: Host workshops and seminars to guide participants through the product design process, emphasizing user-centric design and early-stage concept validatio
3. Proof of Concept Prototyping : Support selected projects in creating low-fidelity prototypes to test their concepts, encouraging iterative design and refinement.

[IMPACT] Please define the positive impact your project will have on the wider Cardano community.

Cultivating a culture of innovation, collaboration, and early-stage concept development, providing an entry point for new entrants and generating a pipeline of fresh ideas to enhance the Cardano ecosystem.

[CAPABILITY & FEASIBILITY] What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?

With a background in project management and innovation, I will ensure accountability through transparent communication and periodic progress reports. Feasibility will be validated through participant feedback, successful concept validation, and the formation of a vibrant innovation community.

[Project Milestones] What are the key milestones you need to achieve in order to complete your project successfully?

Milestone 1 (Month 1-2): Establish the Cardano Synergy Hub, including the creation of the virtual collaboration platform and outreach to potential innovators.

Milestone 2 (Month 3-4): Conduct Concept Development Workshops, guiding participants through the product design process and emphasizing user-centric design principles.

Milestone 3 (Month 5-6): Support selected projects in creating low-fidelity prototypes, emphasizing iterative design, and fostering a culture of early-stage concept validation.

[RESOURCES] Who is in the project team and what are their roles?

1. Sabrina Liu (Project Lead): Overall project management, ideation facilitation, and community buildin
2. Nicolas Liu (Design Thinking Specialist): Facilitate workshops on user-centric design principles and early-stage concept validatio
3. Emerson Wu (Technical Support): Provide guidance on the technical feasibility of concepts and assist with prototype developmen
4. Margarita Yang (Community Manager): Engage with participants, gather feedback, and foster a collaborative online environment.

[BUDGET & COSTS] Please provide a cost breakdown of the proposed work and resources.

Innovation Hub Establishment - 30k Ada

• Platform development: 15k Ada
• Outreach and marketing: 10k Ada
• Community engagement events: 5k Ada

Concept Development Workshops - 20k Ada

• Workshop facilitation fees: 10k Ada
• Workshop materials and documentation: 5k Ada
• Participant incentives: 5k Ada

Proof of Concept Prototyping - 30k Ada

• Prototype development support: 20k Ada
• Prototype testing and validation: 10k Ada

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

The budget is allocated to establish an inclusive and collaborative innovation hub, ensuring a diverse range of concepts are explored. The focus on early-stage development minimizes the risk of expensive and time-consuming activities, providing value by fostering innovation at a grassroots level within the Cardano ecosystem. The sharing of findings and methodologies further contributes to the community's collective knowledge.

[IMPORTANT NOTE] The Applicant agrees to Fund 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