Hypha DAO on Cardano

[GENERAL] Name and surname of main applicant

Alexandre Prate

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

Entity (Incorporated)

[GENERAL] Co proposers and Additional applicants

Franz Josef Allmayer

Joachim Stroh

Nikolaus Heger

[GENERAL] Requested funds in ada

745500

[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)

Hypha DAO tackles coordination challenges with contribution accounting, decentralised decision-making, tokenized incentives, and transparent impact, ensuring global scalability for change.

[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

MIT Open Source License (https://hypha.earth/terms-conditions)

[METADATA] SDG rating

13 - Climate Action - Regenerative Currencies for Climate

14 - Life Below Water - Blue Ocean Economies (East Africa)

15 - Life on Land - Regen Agriculture and Land-based DAOs

17- Partnership for the Goals - Global cooperation, infrastructure, and equity

[SOLUTION] Please describe your proposed solution.

Hypha Introduction Deck: https://docs.google.com/presentation/d/1hrgfteaMRnWvGnL90GXXb9QhFXYF9dsK0rVM89WKLcQ/edit#slide=id.g2553a7b6df3_0_2189

Both Hypha and Cardano place a strong emphasis on community engagement and education, aiming to build knowledgeable and engaged communities. Our synergistic collaboration could foster a stronger, more active purpose and impact-driven community.

Hypha's capabilities in facilitating decentralized collaboration, community engagement, and project scalability align closely with Cardano's objectives in fostering a decentralized, efficient, and inclusive blockchain ecosystem. By leveraging Hypha's DAO platform, Cardano can enhance its community engagement, project development, and overall ecosystem growth and impact. More concretely, Hypha’s third generation Decentralized Autonomous Organization (DAO) platform would allow Cardano to leapfrog and upscale its blockchain past infrastructure improvements to bring real business, network and impact value to the Cardano community.

Here are some ways that the Hypha DAO platform enabled for the Cardano blockchain can address these challenges:

• DAOs are a fundamentally new decentralized organizational structure/form that augment, accelerate or replace traditional organizational structures/forms.
• DAOs foster community alignment and collective action through collective and participatory decision-making processes ranging from simple administrative choices to significant directional and financial moves.
• DAOs have the built-in capacity to connect and align with other DAOs in a non-rivalrous playing field creating new forms of agreements, value and knowledge exchange and impact creation.
• DAOs leverage new participatory and transparent governance and reward models that open up unprecendented levels of trust necessary to coordinate large scale “system change” movements and consensus building.
• DAOs create new tokenomics that spawn a new era of creative utilization of tokens that directly represent value and impact or indirectly reference real-world assets.
• DAOs enable effective management of resources through built-in treasuries secured by smart contracts and multi-signatory transaction for allocation and distribution of budgets.
• DAOs work at the intersection of AI-driven sensemaking and Human Collective Intelligence (HCI) to solve humanity's hard problems, together.

Furthermore, working with Hypha offers a series of advantages due to a natural alignment:

• Hypha has been working on a third generation DAO platform for 5 years, using the DAO to build the DAO, and is ready to bring our rich feature set to the Cardano community.
• This reflects a shared vision with Cardano of a decentralized, regenerative and inclusive future. Both platforms aim to democratize access to technology and financial services, especially for those underserved by the traditional system.
• Hypha’s methodical development over five years mirrors Cardano’s emphasis on a research-driven and evidence-based approach. Both organizations prioritize long-term sustainability in their design and operations.
• Hypha’s rich feature set can complement Cardano’s blockchain technology, potentially offering enhanced functionalities for smart contracts, decentralized applications (DApps), and governance models.

Finally, our easy onboarding process has been designed for mainstream adoption. Hypha DAO creates the bridge between Web2.0 and Web3.0 and has the power to embark multi-stakeholder economic sectors into a transition to more equitable and regenerative models, leveraging tokenized incentives and traceability of impact. 

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

The positive impact of our project on the wider Cardano community is multifaceted, contributing to the ecosystem's growth, fostering collaboration, ensuring sustainability, tracing and measuring positive impact and promoting decentralized governance. We believe that our integral accounting protocol, impact framework and streamlined measurement strategy will significantly enhance the overall health and vitality of the Cardano community.

1. Quantitative & Qualitative Metrics for DAOs and Ecosystem Growth:

   - Impact Measurement: We will measure the numerical growth of the interconnected DAO ecosystem, including members, enrolled DAOs, and participants, as well as track the economic impact through funds raised, distributed, and economically viable returns.

   - Sharing Outputs: Regular reports will be shared with the Cardano community, detailing quantitative metrics and qualitative insights. This will involve transparently presenting data on ecosystem growth, economic impact, and success stories.

2. Network Expansion and Collaboration Metrics:

   - Impact Measurement: We will quantify ecosystem expansion and collaboration through metrics such as joint initiatives, partnerships, and shared resources. The growth in value-based organizations and user participation will be assessed.

   - Sharing Outputs:Updates on network expansion and collaboration metrics will be communicated through community channels, including forums, newsletters, and social media platforms.

3. Decentralized Monitoring Reporting and Verification (dMRV) & Impact Framework:

   - Impact Measurement: Real-time tracking of improvements and impacts on the ground will be conducted through dMRV. Environmental impact assessments, sustainability practices, and socio-economic impacts will be assessed.

   - Sharing Outputs: Comprehensive reports on social and environmental impact assessments, sustainability practices, and socio-economic impacts will be shared publicly. These reports will be made available through the Cardano community forums and other communication channels.

4. Holistic Governance Metrics:

   - Impact Measurement: Success in the decentralized holonic/human organization (DHO) model, self-governance efficiency, and engagement metrics will be evaluated. Quantitative and qualitative indicators will measure the effectiveness of governance in resource management and incentive alignment.

   - Sharing Outputs: Governance metrics and evaluations will be openly shared with the Cardano community through governance forums and regular community updates. Insights from the assessment of digitalized democratic processes will also be shared for community feedback.

5. Blueprint Replication Metrics- Collective Intelligence:

   - Impact Measurement: The adoption and replication of DAO templates/blueprints globally will be monitored. Success in sustainability, community engagement, and economic viability in replicated ecosystems will be tracked.

   - Sharing Outputs: Reports on blueprint replication metrics will be made available to the Cardano community through community forums and dedicated channels for knowledge sharing. Success stories and lessons learned will be communicated to inspire and guide others in the ecosystem.

Through these rigorous impact measurement strategies and transparent sharing of outputs, our project aims to bring tangible value and “real-word” impact to the Cardano community by fostering growth, collaboration, sustainability, dMRV and effective governance. The continuous feedback loop with the community will ensure that our initiative aligns with the evolving needs and aspirations of the broader 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?

Our team has successfully delivered and marketed a functional product, the Hypha DAO, on Telos and EOS Networks with more than 150 organisations using the product. 

This endeavour aims to extend it to the Cardano community, encompassing the impact token and framework (dMRV). 

Unique Experience: We have built the DAO while using the DAO, going through hundreds of iterations as a team. Living and breathing the DAO everyday and experiencing first hand gives our team significant expertise.

Team Structure: We are organise around 4 circles (domains):

• Products & Tools, incl. Impact evaluation design
• Finflows & Legal, incl. Tokenomics
• Marketing & Activation, incl. Knowledge base and education
• Growth & Services, incl. Business and Network value and impact creation

Skills: Our team of 30 core members and 330 community/contributors has all the skills required to successfully deliver this project. This highly experienced team is composed of (and not limited to): Highly Experienced co-founders/entrepreneurs, Senior Business Developers, Growth Strategies experts, Exceptional Project/Program Managers, Top-end Web3.0 Engineers (blockchain smart-contracts, GraphQL, Front end), Remarkable UI/UX designers, World-class DAOnomics and Tokenomics experts, DAO adoption experts (DAO OS Canvas), QA/Testers.

Track record: We've proven our capabilities by successfully delivering Hypha on EOS, securing an 850k Grant from the EOS Network Foundation.

Hypha Network: Exceptional Network and ecosystem builders in the Hypha Network in order to grow communities around the DAO Ecosystem approach. A group of certified service DAOs on Hypha DAO technology that can support DAO adoption in the Cardano ecosystem. 

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

Description: This first milestone focuses on porting our existing smart contracts on the Cardano blockchain.

Milestone output(s): Smart Contracts on Testnet/Faucet

Expected timeline: 1 month

Acceptance criteria: Contract Actions can be triggered on Testnet/Faucet

Info provided to verify the milestone achievement: Smart contracts deployed on Testnet/Faucet 

Description: The second milestone aims at connecting our current graphQL structure to the Cardano blockchain for documents. 

Milestone output(s): GraphQL (Documents) on Testnet/Faucet

Expected timeline: 1 month

Acceptance criteria: GraphQL Queries on Testnet/Faucet

Info provided to verify the milestone achievement: Access to the GraphQL Database on Testnet/Faucet

Description: This 3rd milestone aims at connecting our existing Hypha DAO UI to the new smart contracts on Cardano and GraphQL. 

Milestone output(s): Hypha DAO Web App UI connected to Smart Contracts and GraphQL on Testnet/Faucet

Expected timeline: 1 month

Acceptance criteria: Hypha DAO Web App UI Operational on Testnet/Faucet

Info provided to verify the milestone achievement: Hypha DAO on Cardano URL on Testnet/Faucet

Description: This 4th milestone aims at making our existing Hypha Wallet compatible with Cardano Accounts. 

Milestone output(s): Hypha Wallet - Create account and Signature with a Cardano account

Expected timeline: 1 month

Acceptance criteria: Hypha Wallet Operational on Testnet/Faucet

Info provided to verify the milestone achievement: Hypha DAO on Cardano URL, including Impact framework on Testnet/Faucet

Description: This 5th milestone’s goal is to implement the impact token and an MVP of our dMRV/DAO Impact framework for the Cardano Community to benefit from this capability for traceable impact.

Milestone output(s): Impact Token and [MVP] dMRV/DAO Impact Framework (Social and Ecological)

Expected timeline: 1 month

Acceptance criteria: Impact Token can be minted through proposal on Testnet/Faucet

Info provided to verify the milestone achievement: Hypha DAO on Cardano URL, including Impact token/DAO impact framework on Testnet/Faucet

Description: This final milestone is to perform the end to end testing, produce reports and deploy on the Cardano mainnet for initial DAO adoption by the Cardano Community. 

Milestone output(s):

• End to End Tested Application, smart contracts and GraphQL
• Video Milestone and Final Report
• Project completion with Mainnet Deployment

Expected timeline: 1 month

Acceptance criteria: Hypha on Cardano tested

Info provided to verify the milestone achievement: Hypha on Cardano URL, including the scope of M1-5, on Mainnet 

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

Our highly experienced and senior team has built the DAO while using the DAO. Over this last 5 years working together, we went through hundreds of iterations of the product, managing high level of complexity with ease, fun and agility. We're ready to meet/exceed expectations in making Hypha available on Cardano!

Alex Prate

Multi-Stakeholder Relations/DAOnomics

https://www.linkedin.com/in/alexandreprate

Joachim Stroh

DAO Business Adoption/DAOnomics

https://www.linkedin.com/in/joachim-stroh/

Franz Allmayer

Whole System Integration/DAOnomics

https://www.linkedin.com/in/franz-josef-allmayer/

Nik Heger

Smart Contracts Architect and Hypha Wallet Tech Lead

https://www.linkedin.com/in/nikolausheger/

Arsenije Savic

DAO Tech Lead

https://www.linkedin.com/in/arsenijesavic/

Luigi Carlini

Designer

https://www.linkedin.com/in/luigi-carlini/

Massimo Bergero

Designer

https://www.linkedin.com/in/massimo-bergero-0711a218a/

Evgeni Biryuk

DAO Frontend Developer

Aleks Djokic

DAO GraphQL Backend

Gerardo Hernandez

DAO Blockchain Smart Contracts Developer

Gery Guijarro  

Hypha Wallet Frontend Developer

Pedro Moscoso

QA / Support

Neha Mathrani

UX Copy Writer

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

We anticipate this project to take 6 months with 5 milestones plus a final milestone of one month each. We will anticipate some of the activities across milestones to ensure milestones are always delivered on time and with the expected quality.  

Proposed Payment Schedule:

• Upfront Payment (10%): 74,550 ADA
• Milestone 1 Completion (9.41%): 70,200 ADA
• Milestone 2 Completion (8.14%): 60,750 ADA
• Milestone 3 Completion (20.37%): 151,875 ADA
• Milestone 4 Completion (12.22%): 91,125 ADA
• Milestone 5 Completion (23.54%): 175,500 ADA
• Final Milestone Completion (16.29%): 121,500 ADA

Total: 745,500 ADA

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

We are an experienced and very efficient team and we deliver on a product that is already getting initial traction (150 Organisations to date). This proposal is to port this open-source technology in the Cardano Ecosystem. This is a significant endeavour with a high level of expertise required to deliver and we need to get our key core team members’ focus on this project. 

This proposal will create gains for the Cardano ecosystem, we’re talking about an impact economy that we can create together. 

The deployment of the Hypha DAO product will create significantly higher value than the cost of this proposal as we are talking about transitioning the business layer into the Cardano ecosystem towards regenerative models and the DAO Ecosystem structure. 

[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