Global grassroots communities are often fragmented and competing for scarce resources. There's a gap in understanding how to leverage Decentralized Autonomous Organizations for their benefit.
This is the total amount allocated to Domino DAO: Where Impact Measurement, Impact Investing, and Impact Evaluation collide with decentralization for a positive ripple effect.
Domino DAO the governance ecosystem for Impact Web3 - a decentralized ecosystem for impact measurement, verification and investment. Creating opportunities to certify and monetize impact measurements.
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We are in the process of registering as a Non Profit DAO in the state of Wyoming, and therefore we will keep our activities open source and transparent. Through the governance structure, we are building and inviting people from all over the world who can join the DAO and participate in positive impact.
Domino DAO will provide opportunities to contribute to projects that positively impact in alignment and as measured by the UN SDGs, with each SDG being tracked to each project and mission.
What is Domino DAO?
Domino DAO (DD) is a decentralized autonomous organization (DAO) providing a governance system for the Impact Web3 Community.
Domino DAO will connect stakeholders from the world of philanthropy, the 'third sector' of NGOs, charities and non profits, impact organizations, Impact Investors, and grassroots activists, and employ a diverse group of Impact Evaluators, with a focus being on community and grassroots-led action.
Domino DAO will be the Governance Community and a meeting place for all impact organizations and people across the globe. The DAO will help govern the Impact3 ecosystem both Sustainable ADA and Proof of Impact Platform - PIP.
The DAO will help facilitate PIP governance, helping create rules and incentives for the platforms and equipping users and stakeholders with useful tools. We plan to utilize PIP and the DAO by creating a community-impact treasury where the community helps vote for different projects that need help scaling their positive impact.
Through the DAO we plan to partner up with different projects and impact ecosystems to amplify our impact and provide out community with more opportunities to express their positive impact.
Pre-funding
Sustainable ADA has been focused on Positive Impact in the Cardano community since Project Catalyst Fund 4. We received our first Catalyst grant in Fund 6 and have been helping give back and grow the Cardano community since then. Learn about our Catalyst journey below.
During Fund 6:
With the Cardano Aim team we helped with the research of adding SDG ratings to proposals in the Catalyst ecosystem.
Add SGD Ratings to proposals: https://projectcatalyst.io/funds/6/f6-partnerships-for-global-adoption/add-sdg-ratings-to-proposals-aim
Research in Applying Frameworks: https://projectcatalyst.io/funds/6/f6-partnerships-for-global-adoption/research-in-applying-frameworks-aim
During Fund 7:
Sustainable ADA during fund 7 did research to evaluate and look at different Impact measurement frameworks to find what works best for blockchain technology. We also did research on creating a token called the Sustainable Goals Token and the idea was to create a research based framework and platform for impact investing, monitoring and evaluation.
We created a white paper for both the Impact Measurement Tool & the Sustainable Goals Token:
Impact Measurements Tool White Paper:
SGT White Paper:
Impact Measurement Tool:
Sustainable ADA Goals Token:
During Fund 8:
Partnership Generation
Onboarding new Users:
During Fund 9:
Creating the Impact Measurements process and Tool for companies to help define KPIs, measure, verify, and report them, with a focus on SDGs impact.
During Fund 10:
Protecting Indonesia’s ecosystems - home to 1 % of the Earth's land area and rainforests with 10 % of the world's known plant species, 12 % of mammal species, 17 % of all known bird species.
During Fund 11:
We partnered up with the Catalyst IO, and Rare Network teams to help develop the content and help facilitate 26 Catalyst Working groups workshops across the globe. We also help put together an event in Barcelona Spain for the kick of the Catalyst Working Groups and the first in-person launch of a Catalyst Fund Fund12!
Initial integration:
We have taken the first steps to build the Domino DAO. By the end of May 2024, we plan to have the DAO registered in the State of Wyoming. This will help build the integrity of the DAO and allow us to operate on a legal basis. This will also allow us to legally incentivize DAO members and create paying roles around the DAO.
The DAO will be registered as a non-profit and the main goals will be to enforce community action in the Impact Web3 community and help amplify anyone's impact across the globe. We are connecting Impact Project, Impact Investors, Impact Evaluators, and grassroots activists from all across the globe. Through the collective decision-making at Domino DAO, we will be able to create a wave of impact that ripples into every place around the world.
What we have built:
Another initial step we have taken to launch the DAO is create a landing page. At dominodao.com, anyone from anywhere in the world can get plugged into our community.
Onboarding - https://impact-web3.gitbook.io/hub
Governance - https://www.clarity.vote/organizations/DominoDAO
Membership - https://dominodao.nmkr.store
Post-funding:
What is Domino DAO?
Domino DAO (DD) is a decentralized autonomous organization (DAO) aiming to provide a governance system for the Impact Web3 Community. Domino DAO will connect NGO/Impact Organizations, Impact Investors, and grassroots activists and employ a diverse group of Impact Evaluators, with a focus being on community and grassroots-led action.
Domino DAO will be the Governance Community and a meeting place for all impact organizations and people across the globe. The DAO will help govern the Impact3 ecosystem both Sustainable ADA and Proof of Impact Platform - PIP.
The DAO will help facilitate PIP governance, helping create rules and incentives for the platforms and equipping users and stakeholders with useful tools. We plan to utilize PIP and the DAO by creating a community-impact treasury where the community helps vote for different projects that need help scaling their positive impact.
Through the DAO we plan to partner up with different projects and impact ecosystems to amplify our impact and provide out community with more opportunities to express their positive impact.
Next Steps for Domino DAO:
Initiate a DAO Treasury
Onboard Community Board Members & Mods
Integrate with Andomio & Create a PBL Course for Impact Measurement Auditing
Research on Official Governance Structure
Create a Constitution
Develop Revenue Models
Create a Lead Generation and Referral Program
Create a DAO Onboarding/Marketing Plan
Why do we need a Domino DAO?
The goal of the DAO is to create a local and global community of impact driven people, evaluators, and investors. Helping create a vibrant and inclusive community, focused on funding, growing, and rewarding impact projects, investors, and evaluators.
The Domino DAO will act as a central base for the PIP and Sustainable ADA community. It will be a community hub where anyone from anywhere in the world can contribute and get compensated through the PIP token and other community incentives for participation.
In the future, the DAO will help with decision-making and govern the PIP platform token, which will allow token holders to participate in the platform's decision-making process.
What the Domino DAO can offer:
Platform governance: Domino DAO will create the rules and incentives for the Proof of Impact Platform's users and stakeholders.
Governance token management: The DAO will create and manage the platform's governance token, which will allow token holders to participate in the platform's decision-making process.
Community management: The DAO will manage the platform's community, including social media, forums, and events.
Community Education: Education for community members and access to all our Impact Web3 Products and tools
Impact Evaluation Certifications: PLB course and certifications for Impact Evaluations
Opportunity to make the world a better place: Work in a decentralized community where you have the say and can make a different in the world through the power of collaboration.
Impact Investing community: Foster a community of impact investors and through the Domino DAO and PIP create an easy investor-to-investment relations ship
Target Market for Domino DAO:
The Domino DAO is designed for blockchain enthusiasts and investors who are interested in decentralized finance and governance, including:
Plans Down the Road
In the future, we plan to integrate a token into the Impact Web3 ecosystem and when the time is right the DAO will be part of the incentives for this token. We also want to include DIDs & KYC in the the future so we can verify businesses are actually businesses and that are Impact Evaluators are the Evaluators they say they are.
Why include DIDs, Certified Credentials, & Impact Evaluation certifications
We will be creating a project based learning education framework. A course and mandatory certification for anyone to become a 3rd party impact evaluator, enabling individuals to access a new income stream.
Here's how the proposed solution benefits the Cardano ecosystem:
Enhanced Impact Measurement: The Domino DAO leverages past experience and research to offer an Impact Measurement Tool that enables DAO members to assess and quantify projects impact. This tool provides a standardized framework for evaluating the social and environmental outcomes of projects, promoting transparency and accountability within the ecosystem.
Improved Governance and Management: The Domino DAO facilitates effective governance and management of Cardano DAOs through platform governance and governance token management. It establishes rules and incentives for users and stakeholders, allowing token holders to actively participate in decision-making processes. This approach promotes decentralized decision-making and fosters community engagement.
Community Empowerment and Education: The Domino DAO serves as a hub for the Cardano Impact community, offering various educational resources and tools. It provides community management, including social media, forums, and events, fostering collaboration and knowledge-sharing among members. The inclusion of Impact Evaluation Certifications for members who are evaluators allows individuals to become certified impact evaluators, creating employment opportunities and ensuring reliable impact assessment audits.
Impact Investing and Collaboration: The Domino DAO aims to build a community of impact-driven individuals, evaluators, and investors. By establishing an impact investing community, it attracts investors interested in funding impactful projects. Through the collaboration facilitated by the Domino DAO and the Proof of Impact Platform, it enables easy investor-to-investment relationships, encouraging the growth and support of impact-driven initiatives. Bridging the gap between impact investors and projects making a difference around the world.
Target Market Expansion: Our solution appeals to a wide range of stakeholders within the Cardano ecosystem. Blockchain developers can leverage the Domino DAO for governance and opportunities to support our efforts, while DeFi investors and institutional investors gain access to transparent and secure investment opportunities. Governance experts and crypto enthusiasts can actively contribute their expertise, fostering a vibrant and inclusive community.
The Domino DAO addresses the challenge by providing a comprehensive platform for to govern the Impact Web3 ecosystem. By supporting impact measurement, governance, community management, and collaboration within the Cardano ecosystem. It brings valuable impact assessment tools, promotes decentralized decision-making, empowers community members, and attracts investors interested in supporting impactful projects.
Through these benefits, the proposed solution contributes to the growth and adoption of Cardano DAOs, establishing Cardano as a preferred platform for managing decentralized organizations.
Impact Web3
Sustainable ADA has a successful and dedicated track record in the Cardano community. They have transitioned into Impact Web3 which represents Proof of Impact Platform, Sustainable ADA, & Domino DAO. By Teo from UNDP and Sustainable ADA partnering to expand the work around the IMS they will be able to together create greater impacts across the ecosystem.
Sustainable ADAs pre-funding activities and impact measurement experience:
Sustainable ADA has been focused on Impact Measurement since fund 7, and the team has past experience with in-depth universal impact assessments like the SDG, B-Impact, and GINN assessment including many others.
During Fund 6:
With the Cardano Aim team we helped with the research of adding SDG ratings to proposals in the Catalyst ecosystem.
Add SGD Ratings to proposals:
Research in Applying Frameworks:
During Fund 7:
Sustainable ADA during fund 7 did research to evaluate and look at different Impact measurement frameworks to find what works best for blockchain technology. We also did research on creating a token called the Sustainable Goals Token and idea was to from this research create a framework and platform for impact investing and evaluation.
We created a white paper for both the Impact Measurement Tool & the Sustainable Goals Token
Impact Measurement Tool:
SGT White Paper:
Impact Measurement Tool:
Sustainable ADA Goals Token:
During Fund 8:
Partnership Generation:
Onboarding new Users:
During Fund 9:
During Fund 9 we were able to take out past research for the Impact Measurement Tool and use it to finalize our methodology for measuring the impact of businesses in the Cardano ecosystem.
During Fund 10:
During Fund 11:
Cardano Impact Report 2023
We have had a lot of success while growing Sustainable ADA over the last few years. We have been closely connected to the Cardano community through our Project Catalyst proposing experience.
Learn more about all of our past funded projects here: https://sustainableada.com/catalyst/
Sustainable ADA has created: 48 individual stories on projects building in the Cardano community and making the world a better place.
More info here: https://sustainableada.com/news/
Sustainable ADA also created the Cardano Impact Report where they highlighted over 65+ Impact Project buildings on Cardano to make the world more sustainable and equitable for all.
Free Version can be found here: https://sustainableada.com/cardano-impact-report/
Reports Value:
“For those who are not in the Cardano community, this report is not just about Cardano. This is about an awakening to the wider global issues we face today, and a clear call to action, that our time has come to address these issues, head on. The report offers a path forward towards a sustainable and equitable future. By engaging with the innovative projects and initiatives presented here, you can also contribute to positive change and find solutions to the complex issues that burden our world, and at a minimum get inspiration to create your own projects, wherever you are in the world, and you can count on our community to guide you.” - Dr Mihaela Ulieru, Blockchain Pioneer, President at IMPACT Institute, World Economic Forum Expert and Chief AI Alchemist at SingularityNet
Sustainable ADAs Partners and Advisors:
Dr Mihaela Ulieru - Chief AI Alchemist SingularityNET | Former Head of Strategic Impact at IOG
Alex Ross - Talk to Loop Lead | Former International Director of Programs and Partnerships at British Red Cross
Sunny Basra - CEO of SoundRig
Affendi Samsudin - Co-Founder at Streets of ADA - A Samsudin Brothers Projek team
Alain "Fusion" Clapham - FRSA | Curator | Educator | Public Speaker | Facilitator
The self-professed ‘Transformative Storyteller’ has presented shows for MTV and Sky, hosted events at Wembley Arena, interviewed the likes of Beyoncé, Dr Dre and Marvel-mastermind Stan Lee, and shared his story on the TED stage.
An experienced public speaker, educator and creative producer, he is now a lead facilitator for YouTube, empowering thousands of young people to become better Internet Citizens, and helps award-winning CEOs discover their own stories of transformation.
The driving force behind creative currency initiative #IITSPIRATION and founder of BMT and BWT – an immersive live experience celebrating the ‘awesome everyday’ stories of black men and women - Alain takes on all challenges with irrepressible energy, curiosity and a desire to get to the heart of the matter.
Sarah Margono-Samsudin | International Development Practitioner - Education for Sustainable Development Section@UNESCO and Secretariat Member of Mission 4.7 Organisation -
Fabrizio Shao - Adaptive Athlete | Disability Advocate | Web3 Brand Ambassador
The Domino DAO will assist in the Governance of the Impact Web3 ecosystem. The DAO will have an aspect in ever project under the Impact Web3 umbrella.
Impact Measurement: The project aims to develop and implement effective impact measurement frameworks and tools, with a particular emphasis on the Sustainable Development Goals (SDGs). The goal is to enable projects and companies to define, measure, and report their impact in a transparent and verifiable manner.
Governance and Community Building: The project seeks to establish Domino DAO as a decentralized governance system for the Proof of Impact Platform (PIP). It aims to create rules, incentives, and decision-making processes that involve token holders and stakeholders. Additionally, the project aims to foster a vibrant and inclusive community of impact-driven individuals, evaluators, and investors.
Education and Certification: The project plans to develop educational resources, including a course and certifications, for individuals interested in becoming third-party impact evaluators. This initiative aims to create employment opportunities and ensure the quality and credibility of impact evaluations within the ecosystem.
Impact Investing: The project aims to facilitate impact investing by connecting investors with impactful projects through the Domino DAO and PIP. By providing an investor-to-investment relationship, the project seeks to make it easier for impact investors to support and fund projects aligned with their goals.
To validate the feasibility of their approach, Sustainable ADA can employ several strategies:
By combining these validation strategies, Domino DAO can assess the feasibility of our approach, make necessary adjustments, and ensure that our goals of impact measurement, governance, education, and impact investing are effectively realized within the Cardano ecosystem.
Month 1-2 Milestone #1: Finalize White Paper Strengthen Partnerships Onboard Team Members
Domino DAO:
Deliverables/Outputs:
Month 3-4 Milestone #2: Onboard Developers and connect partners
Domino DAO:
Deliverables/Outputs:
Month 5-6 Milestone #3: Set up the MVP & Finalize Tokenomics
Domino DAO:
Deliverables/Outputs:
Month 7-8 Milestone #4: Start initial course development
Domino DAO:
Deliverables/Outputs:
Month 9-10 Milestone #5: Finalize first MVP Development & Onboard NGO
Domino DAO:
Deliverables/Outputs:
Month 11-12 Milestone #6: Next Steps & Project Highlights
Domino DAO:
Deliverables/Outputs:
Impact Web3 & Sustainable ADA
Cole Bartlett and Razali Samsudin Co-founded Sustainable ADA and Impact Web 3, and have been shaping it into what it is today.
It all started with the initial idea for Sustainable ADA back on April 20th of 2021 (Sustainable ADA 2021). Together, we co-founded it in June of 2021. We have backgrounds, professional experiences, and knowledge in education, economics, sustainability, and how blockchain technologies can be harnessed for good.
Cole Bartlett:
Co-Author of Recalibrating Value, Identity & Impact Through the Blockchain - Cardano Impact Report 2023
Bachelors in Economics and Sustainability | Blockchain/Sustainability Researcher | Social Entrepreneur | Co-Founder of Impact Web 3 & Sustainable ADA | Positive Blockchain Contributor | Socious Business Development Ambassador | Impact Measurement Expertise | Donation Officer for Yagazie Foundation | Co-Founder of Vermont Fishing | Decentralized Lead Generation | UNITE 2030 Youth Delegate
https://www.linkedin.com/in/cole-bartlett
Razali Samsudin: Editor | Lead Author | Subject Expert | Partnerships
Co-Founder of Sustainable ADA, Impact Web3, Streets of ADA - A Samsudin Brothers Projek
Co-Author of Recalibrating Value, Identity & Impact Through the Blockchain - Cardano Impact Report 2023
17+ years of experience as an interdisciplinary Educator from early years settings to postgraduate level, with a background in social sciences, humanities, and sustainability. Author, Writer, Editor, Digital Economy, Blockchain, Sustainability and Impact Measurements, Researcher (Research Lead Connecting SDGs to Project Catalyst and lead on the SDG Proposer Tool and SDG Search Tool with Cardano AIM #Blockchain4Good, #Cardano4Good, #NFT4Good). Social Entrepreneur, Catalyst Proposal Mentor. Wada UN SDG and Education Coordinator, PositiveBlockchain. Global Community Hubs and Impact Lead at Apex Fusion.
https://www.linkedin.com/in/razali-samsudin
https://twitter.com/Razlosophy
The cost of the project represents value for money as it enables the creation of the Domino DAO for the Impact Web3 ecosystem. In hand, we will be able to bring groundbreaking tools to the Cardano ecosystem and bring more visibility and recognition of impactful projects building on Cardano. By investing in Domino DAO, you can unlock new possibilities for the Cardano community. Including a new way to onboard new users to Cardano. The community will gain access to valuable insights, collaboration opportunities, and inspiration to drive positive change.
The costs are justified and a modest ask given the average salaries for a graduate, and postgraduate researcher and Teacher in our sectors, and given our track record in and out of the Cardano community to date based out of USA (Salt Lake City), and western Europe (London and Paris).