Last updated 4 days ago
More targeted analysis of large datasets, both from past funds and Catalyst Voices future iterations, needs to be possible to truly learn between iterations and improve the process continuously.
This is the total amount allocated to “Data-Driven Catalyst”: Toolkit for on-chain and off-chain data analytics & insight, optimize governance and prevent gaming and abuse. 3 out of 5 milestones are completed.
1/5
Project outline, roadmap documentation and Catalyst Team feedback
Cost: ₳ 35,000
Delivery: Month 2 - May 2024
2/5
Establishment of Tech Stack, Collaborative Project Management & Workshop
Cost: ₳ 35,000
Delivery: Month 4 - Jul 2024
3/5
On-Demand Data Analytics Projects Initiation
Cost: ₳ 35,000
Delivery: Month 5 - Aug 2024
4/5
Database and API Production Readiness & Community-Tasked Research Projects Finalization
Cost: ₳ 35,000
Delivery: Month 6 - Sep 2024
5/5
Close-out Report & Video, Data Quality Improvements, and Incompatibility Shortcomings
Cost: ₳ 35,000
Delivery: Month 7 - Oct 2024
NB: Monthly reporting was deprecated from January 2024 and replaced fully by the Milestones Program framework. Learn more here
Research and showcase optimal technology stack and procedures to build publicly accessible database, data retrieval and mining toolkit. Enable use of popular tools like LangChain, TensorFlow & Gephi.
This proposal requires the cooperation with the Catalyst Team and community of Proposal Assessors, voluntary contributors to Project Catalyst and Catalyst Voices team.
Project will be fully open source subject to the conditions of Apache 2.0 for software code and CC-BY-4.0 Apache 2.0 for documentation.
4 - Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all
8 - Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
9 - Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation
Process leading to “Data-Driven Catalyst”:
At the end of our 7 month project in close collaboration with the Catalyst team, Catalyst Voices and the community, we will present findings and have final working database for Funds 7 to 10, open to anyone collaboration platform and data storage and retrieval solution that allows seamless integration with the most exciting and cutting edge data science, machine learning and LLM tools out there, for example LangChain, Gemini, ChatGPT, TimeGPT, and do network graphs, identify clusters and discover insights that can drive Catalyst to get better and better over each iteration.
A lot of changes from fund to fund seem arbitrary and sometimes over-calibrated, trying to right past wrong by overshooting in the other direction. This is surely the result of too little meaningful decentralization and the cacophony of the rise and fall of certain powers held by the community (like the "rise and fall of the proposal assessor"). By doing extensive research into a parallel data infrastructure owned by the community and run by the community, to find facts and prove them with hard data, we hope and believe that the process will develop a unique, decentralized dynamic and attract more and more "benign data nerds" to the space that feel that their expertise can have a real-world impact, like Kaggle did in the early days of data science and the internet going mainstream.
Proposers are Plutus Pioneers (cohorts 3 and 4), Atala PRISM Pioneers (2nd cohort) and Marlowe Pioneers. The team covers a broad range of skills from successful startup founders, technical and business backgrounds to community functions. We are funded proposers, have closed out successfully projects in Funds 7 and 8, and have participated in various Catalyst functions including Challenge Teams since Fund-7 (Boosting Cardano’s DeFi) to fund 8,9 (Developer Ecosystem) and current fund 10 (Developer Ecosystem-The Evolution), CA, PA, VCA, VPA and Sub-Circle. We have grown the Developer Ecosystem community on telegram channel: https://t.me/DeveloperEcosystem (149 members as of 7 December 2023) from Fund-8 until now and would like to add value to the ecosystem by applying our experience and insights which we gained from our participation in the PoA pilot in fund 9 to improve the overall process and form the Catalyst Reward DAO community.
Sapient Predictive Analytics has been in the data science, machine learning and collective intelligence space since 2018, winning awards and recognition in Singapore and beyond. We have previously worked with Fraunhofer Institute, Macquarie bank and many small and medium size companies for their decision making, governance, data analytics and trading desks.
https://www.18hall.com/sapient-predictive-analytics/
Milestone 1: Mar 2024 (Project outline, discussions with Catalyst team, documentation of objectives and adjustments of milestones where necessary based on other proposals in this category and dynamics of the Project Catalyst evolution, Github repo and definition of roles of collaborators)
All milestones including first will be subject to Statement-of-Milestones procedure and documented briefings with the Catalyst Team to ensure value for money and appropriate finetuning with the technical capabilities and requirements of the Catalyst Voices and Hermes infrastructure. Community telegram channels and townhall will be briefed as often as possible as part of this process, which should exceed the community-involvement standard for open projects.
10% of total budget (ADA 17,500)
Milestone 2: Apr 2024 Establish tech stack, collaborative project management & workshop
20 examples to data-driven reports presented on Telegram and Github using funds 7 to 10.
Choice of database and API solutions. Teasers of LLM organization and unsupervised learning insights from previous funds to brief Catalyst teams and community of the potentials and limitations.
20% of total budget (ADA 35,000)
Milestone 3: May 2024
On-demand data analytics projects: community voting on 7 most sought after tools or datasets projects - this milestone is the most open and depends on community finding and research findings up to this stage. Statement of Milestones process and liaison with Catalyst Team will allow flexibility to ensure optimal integration into ongoing liquid democracy implementation.
20% of total budget (ADA 35,000)
Milestone 4: June 2024 (database and API production ready, 7 community-tasked research projects finalized and presented)
15% of total budget (ADA 26,250)
Milestone 5: July2024 (research into integration of experimental generative AI and unsupervised learning, improvements of data quality and incompatibility shortcomings)
15% of total budget (ADA 26,250)
Milestone 6: September 2024
Close-out video and documentation, finalization meetings with IOG and Catalyst Team.
Gathering feedback from Proposal Assessor community, funded proposers, Catalyst coordinators and other such groups. Presentation at Townhall and full report as PDF.
20% of total budget (ADA 35,000)
Thomas Wedler:
Experienced financial trader and entrepreneur. Ex Shell, Vattenfall, Masefield senior futures and options trader. Individual floor trader at Singapore Exchange. Tom has been building and deploying programs for automated market making and energy derivatives since 2014. 15 years Derivatives experience at multi-national organizations working closely with industry bodies and speaker at market conferences and workshops. Involved in crypto trading since 2014 and DeFi/oracles since 2018. Plutus Pioneer, Marlowe Pioneer and Atala Prism Pioneer.
Thomas is a certified Superforecaster with the Good Judgment Project and winner of the inaugural Hybrid Forecasting Challenge at SAGE / University of Southern California.
https://www.linkedin.com/in/thomas-wedler-18960/
Role in Catalyst: Challenge Team (Fund 8-10), Sub-circle3, Catalyst Coordinators (funded proposers), Veteran Proposal Assessor, Reviewer in funded project milestone reporting (PoA pilot) Fund 9 & Fund 10
June Akra:
Sapient developer team: to provide UI front-end and API for the portal
Founding member of BlockCarbon, financial market expert and academic with vast experience in risk management, derivatives and commodities. Experience for various risk functions in 2 billion dollar AUM fund. Holder of Master degree in Investment with distinction and awarded Draper Prize. Certified Quantitative Finance (CQF) alumni London. Experienced video editor, content creator with combined 50,000 followers on social media, NFT collector and creator. Certified python AI practitioner, Plutus Pioneer & Atala Prism Pioneer.
https://www.linkedin.com/in/june-a-a3a0b4174
Role in Catalyst: Challenge Team (Fund 7-10), Sub-circle3, Catalyst Coordinators (funded proposers), Veteran Proposal Assessor, Reviewer in funded project milestone reporting (PoA pilot) Fund 9 & Fund 10
A. Project management and community reporting, dedicated social media and Github to be created for this purpose and populated for each milestone with the findings and minutes of meetings with Catalyst team members. 280 hours total @ 200 ada/hour = 42,000 ada
B. Implementation of open source database and data analytics tool, integration of LangChain and UX = 300 hours @ 200 ada/hour = 60,000 ada
C. On-demand data analysis after community feedback, 7 total bounties @ 10,000 ada = 70,000 ada
D. Miscellaneous costs like domain registration, cloud hosting and UX third party software (unrelated to the data tool and open source stack): 3000 ada
Our proposal leverages modern data analysis tools and generative AI, for example tools like LangChain build on top of an open source data collection of past and future funds, to scrutinize past funding rounds within the Catalyst ecosystem. The primary objective is to unveil hidden relationships and extract valuable insights from historical data. This report assesses the project's potential to deliver value for money, outlining key factors contributing to its efficacy and overall impact on the blockchain ecosystem. Key benefits include:
Utilization of cutting-edge data analysis tools and generative AI capabilities enhances the project's potential to uncover novel insights.
Automation of data analysis processes reduces manual efforts and accelerates the identification of patterns, enabling more efficient decision-making. The project aims to provide actionable insights derived from past funding rounds, facilitating informed decision-making for stakeholders in the blockchain ecosystem.
Ecosystem Development:
The project's outcomes have the potential to enable a more robust and informed Catalyst process and ecosystem, supporting sustainable growth and innovation. We expect that the project will enhance Catalyst efficiency and fairness by learning from predictive models that can reveal hidden correlations and relationships, improving the accuracy of forecasting impact of rule changes and future funding trends.
More Informed Decision-Making & Enhanced Collaboration:
Proposers can leverage the insights generated to make data-driven decisions, leading to more successful funding strategies and project developments. The project's findings may encourage collaboration within the blockchain community, fostering an environment conducive to shared insights and collective growth.
Combining for the best possible Human+AI Outputs:
Develop clear frameworks for interpreting AI-generated insights to ensure stakeholders can easily comprehend and act upon the information. The project's utilization of modern data analysis tools and generative AI, specifically LangChain, presents a compelling case for value creation within the blockchain ecosystem. By efficiently uncovering hidden relationships in past funding rounds, the project has the potential to significantly impact decision-making processes, foster collaboration, and contribute to the overall growth and resilience of the Catalyst ecosystem.
Example of community members analyzing Catalyst data: VPA Telegram group contribution by Victor Corcino (https://t.me/victorcorcino)
We need a lot more of this, across funds, and leveraging open source data mining and AI packages to the standard of 2023.