$4 trillion, just 1% of global total financial assets needs to be mobilized annually to achieve the Sustainable Development Goals SDGs. Grassroot communities need finance. Top down efforts are slow.
This is the total amount allocated to Impact Web3’s Proof of Impact Platform - Scaling Positive Impact Bridging Cardano4Good Projects to the Wider Sustainability World.
Make it easy for NGOs, impact organisations, and businesses to swiftly tokenize, monetize, measure and verify their impact on our Proof of Impact Platform (PIP) = Bringing new entities to Cardano.
N/A
We are committed to disclosing as much relevant information regarding our activities to demonstrate evidence of our work and success in alignment with this proposal.
Our Proof of Impact Platform (PIP) enables users to support positive impact, and as the number of impact associations, NGOs and organisations grow on PIP, more actions and finance shall be deployed towards the UN Sustainable Development Goals.
Solution:
Close the sustainability finance gap, by equipping NGOs, and impact organisations with web3 tools, to help accelerate and measure their positive impact.
Pre-Funding Activity
We Have Already Demonstrated the Proof of Concept with Proof of Impact Platform (PIP):
We created the PIP proof of concept thanks to our collaboration with Patrick Tobler and NMKR, using their white label studio solution for PIP, and to offer our Cardano Impact Report as a NFT, that can be minted via the website:
Road to MVP:
Proof of Impact Platform (PIP) is a software as a service (SaaS) solution, aiming to help people support the causes and actions carried out by grassroots communities, activists, NGOs, and impact associations.
The primary products are an easy-to-use web app to upload Impact KPI data. Along with a Cardano-powered platform that enables individuals and organizations to support NGOs and impact associations, join a community via Domino DAO, and get rewarded for their actions.
PIP will use Cardano's tools, and related technologies to capture and showcase the reported and proven impact of NGOs, and associations, through purchasable Art as Activism pieces (Proof of Impact NFTs). Each art piece shall contain metadata connecting users to evidence of the positive impact they have contributed towards.
https://youtu.be/O1OsInyBgxc?si=FPHgJ-se6XHGAlkzThe PIP MVP will be comprised of:
Impact Data Submission Portal:
Impact Database:
Example: Impact Data Dashboard for Rimba:
Link to Rimba Dashboard: https://iw3-rimba-dashboard.netlify.app/
By developing these components we are going to move from Proof of Impact Platform Proof of Concept to a complete MVP.
The goal of the proposal is to enhance, test, and expand this work so we can scale Impact Web3 and PIP.
This will enable us to onboard more organizations globally to Cardano and web3.
We have been very busy at both Impact Web3 and Sustainable ADA. Over the past four years, we have been creating partnerships and developing relationships to assemble the puzzle pieces, and help grow and develop a Sustainable Blockchain ecosystem and community.
From all of our research, evaluation, and learning we have set ourselves up for the next steps in our journey.
We were funded in Fund 10 to support Rimba NGO on their digital transformation with novel finance streams for their operations, through the sale of Proof of Impact NFTs.
We are using the data from the feasibility study to help finalize our PIP model. We will be using Rimba's Impact Data and displaying it in a dashboard.
We have been very busy at both Impact Web3 and Sustainable ADA. Over the last three years, we have been creating partnerships and developing relationships to find the puzzle pieces to create the Sustainable Blockchain ecosystem and community we have been dreaming of. From all of our research, evaluation, and learning we have set ourselves up for the next step in the journey.
About Impact Web3
Impact Web 3 is a company that is focused on building and managing decentralized technologies that enable positive impact and sustainability initiatives. The company oversees several key projects that work together to create a more sustainable and equitable world.
One of the primary projects under Impact Web3 is the Sustainable ADA platform. This platform is built on the Cardano blockchain and is designed to facilitate sustainable education and raise awareness about blockchain4good, and especially Cardano4Good initiatives. Through Sustainable ADA, Impact Web3 was born.
The aim of creating Impact Web3 is to provide more educational content to users, and bring to life our mission of creating disruptive positive impact around the world. All of our initiatives are focused on helping show the importance of prioritizing sustainability and regenerative web3 projects that solve actual real world problems.
Another project under Impact Web3 is the Domino DAO, which is a decentralized autonomous organization that aims to promote social and environmental impact through blockchain-based governance. The DAO is designed to allow community members to take part in the work of impact evaluation. The DAO also is to help create a community of impact investors to help support impact project in the Cardano community and connect them with the evaluators and projects themselves. As an impact evaluator and DAO member, you can propose new ideas and vote on initiatives that can help the platform create greater positive change in the world.
The Proof of Impact Project (PIP) is another key initiative under Impact Web3. This project is focused on developing a platform that can verify and quantify the impact of sustainability projects, making it easier for investors and other stakeholders to assess the social and environmental impact of their investments.
This project works side by side with the Domino DAO to help connect our DAO community with an impact measurement framework, and pool of impact projects. We will be providing job opportunities and adding roles for community members who want to support or just are interested in earning a wage. By helping companies track, trace, and verify their impact.
We want the Domino DAO to be the perfect place to onboard new users to Cardano and we believe by taking the proper steps in expanding this community we will be able to effectively reach this goal. This will be an organic growth method and allow us to efficiently scale our community for success.
Impact Web 3 is a company dedicated to using blockchain technology to create positive change and promote sustainability in the world, and unite Blockchain for Good projects across web3. We build on Cardano as it is the first and leading Sustainable Blockchain for Impact, as demonstrated in the Cardano Impact Report 2023.
Why we need Impact Web3 as part of the Cardano community:
Vision:
Our vision at Impact Web 3 is to create a world where sustainability and positive impact are at the forefront of technological innovation. We aim to leverage decentralized technologies to empower individuals and organizations to work together to create a more sustainable and equitable future for all.
Mission:
At Impact Web 3, our mission is to build and manage decentralized technologies that enable positive impact and sustainability initiatives. We strive to provide educational content and raise awareness about the importance of prioritizing sustainability in web3 projects through our Sustainable ADA platform. Our Domino DAO aims to promote social and environmental impact through blockchain-based governance and allow community members to take part in impact evaluation.
We work towards developing a platform, the Proof of Impact Project (PIP), that can verify and quantify the impact of sustainability projects, making it easier for investors and other stakeholders to assess the social and environmental impact of their investments. Our projects work together to create a comprehensive ecosystem and community that can help drive positive impact and sustainability initiatives forward.
Impact Measurement X Proof of Impact NFTs X Impact Portfolios
Proof of Impact NFTs
PIP's marketplace will make NFTs available for purchase. Smart contracts will automatically send funds from the sale of the NFT to the NGO's wallet, while also incentivizing users by rewarding them with platform tokens/funds for their actions and needs, that will be redeemable in the growing ecosystem of impact projects and Cardano4Good community.
Dashboard of Impact (example visual and is subject to change)
Our ambitions are to overtime strengthen the relationships between ESG/impact investors and the Social and Environmental impact projects.
To bring more investment to these projects so they can sustainably scale and create greater impact. Furthermore, we can connect impact investors to the projects they want to invest in and support. We envision a model where investors input certain impact investment criteria based on their investing preferences. Then using that information, they are connected with impact projects in our ecosystem, helping impact investors make more conscious and informed investing decisions.
Our proposed solution addresses the challenge by leveraging our expertise in impact measurement and blockchain technology to create the Proof of Impact Platform (PIP).
This platform aims to revolutionize the way citizens financially and morally support grassroots activists, communities, NGOs, and impact associations.
By utilizing blockchain, NFTs, and related technologies, PIP captures and showcases the reported and proven impact of these organizations through purchasable Proof of Impact NFTs.
Post Funding Activity & Next Steps
Further expanding Impact Web3 - an ecosystem of products and tools that support one another in creating larger ripple effects of positive social and environmental impact.
Impact Measurement & Investing: Proof of Impact Platfrom (PIP)
The funding will allow us to scale the Impact Web3 Ecosystem. We are working on developing partnerships that would enable us to onboard 1000s of NGOs onto Impact Web3’s Proof of Impact Platform.
The Proof of Impact Platform (PIP) will be a SaaS company aiming to help citizens financially and morally support the causes and actions carried out by grassroots activists, communities, NGOs, and impact associations.
The primary products are an easy-to-use app to upload Impact KPI data along with a blockchain-powered platform that enables individuals and organizations to support NGOs and impact associations and get rewarded for their actions.
PIP will use blockchain, NFTs, and related technologies to capture and showcase the reported and proven impact of NGOs, and associations, through a purchasable Proof of Impact NFT, containing metadata evidence connected to the positive impact beneficiaries have experienced.
Scale PIP to be able to onboard 100s-1000 of NGOs and Impact Projects
Web2 User interface and easy connections:
Example of a Dashboard:
(Note: Concept for future integration of PIP - IW3)
With funding through Catalyst, we will be able to take our current model for PIP to the next level. This will take important steps for us to reach success. But based on our current progress and past experiences in the Cardano ecosystem, our teams and partners have the skill set to undertake this mission.
(The Next Steps can be found in the Milestone section of the proposal)
Proof of Impact Platform (PIP) enables the verification and quantification of the impact of sustainability projects.
PIP enables investors and stakeholders to assess the social and environmental impact of potential and actual investments more easily.
With Catalyst funding, we will further develop the PIP platform, to be able to onboard more NGOs and impact organisations. We will create more Art as Activism pieces that are dynamic Proof of Impact NFTs with our growing network of artists, and develop an Impact Project Dashboard. These initiatives will provide transparency and accountability, making sustainable investing more accessible and attractive.
By addressing these challenges and leveraging the funding to enhance our projects, Impact Web3 will bring significant benefits to the Cardano ecosystem.
These benefits include:
Increased awareness and understanding: The educational initiatives under Sustainable ADA and Impact Web3 will empower users to grasp the importance of sustainability and blockchain's role, fostering broader adoption and support within the Cardano community.
Transparent impact assessment: The PIP platform will provide investors and stakeholders with reliable, verifiable data to evaluate the social and environmental impact of sustainability projects, enhancing trust and attracting more sustainable investments to actual impact.
Community empowerment: Through the Domino DAO, community members will have a voice and governance roles to contribute with impact evaluation and decision-making processes, creating a more inclusive, diverse, and participatory ecosystem that aligns with Cardano's decentralized principles.
Collaboration and knowledge sharing: Impact Web3's projects will facilitate collaboration between various Blockchain for Good projects, not only within the Cardano ecosystem but also across web3, fostering innovation and uniting collective efforts for positive change.
By investing in education, impact measurement, and blockchain-based governance, we aim to create a more sustainable and equitable future for all stakeholders in the Cardano community and beyond.
Benefits to the Cardano ecosystem:
Enhanced Impact Measurement: The Proof of Impact Platform provides an easy-to-use app and a blockchain-powered platform that enables individuals and organizations to track, measure, and verify the impact of NGOs and impact associations. This transparency and accountability in impact measurement foster trust and confidence in the Cardano ecosystem, and sets Cardano apart as the first and leading Sustainable blockchain.
Empowering Grassroots Activists: PIP empowers grassroots activists and communities by giving them a voice and platform to raise awareness and funds for their causes. By capturing local community testimonials and partnering with organizations like Rimba Non Profit Organisation, Talk to Loop and Palawan NGO Network Inc, as well as working with established and emerging artists from around the world, we ensure that impact is measured based on their experiences and priorities.
Increased Funding Opportunities: Through the marketplace on PIP, Art can be purchased, with the allocated percentage of funds automatically transferred to the NGO's wallet. This provides a direct and transparent way for individuals to support impactful projects and initiatives, attracting more liquidity, finance and capital funding opportunities to the Cardano ecosystem.
Engagement and Rewards: PIP incentivizes users by rewarding them with platform PIP tokens/funds for their actions and needs. This gamification element encourages active participation, engagement, and ongoing support for NGOs and impact associations. In collaboration with Domino DAO, we will make this a fun and engaging experience.
ESG/Impact Investing Connections: The Proof of Impact Platform aims to strengthen the relationships between ESG/impact investors and social and environmental impact projects. By connecting impact investors to projects based on their investing preferences, we enable more conscious and informed investment decisions, driving more funding to impactful projects within the Cardano and blockchain for good ecosystem.
Scalability and Sustainability: This funding will enable us to develop our MVP and pilot with our partners Rimba Non Profit Organisation (France and Indonesia), and Palawan NGO Network Inc. (the Philippines) who are already partnered through the Streets of ADA - A Samsudin Brothers Projek.
PIP has the potential to scale and onboard many more users including artists, social enterprises and NGOs. We are in talks with numerous NGOs and impact associations across Europe, the Americas, Africa and Asia who are exploring their digital transformation journey. This scalability contributes to the long-term sustainability of impactful projects who choose to integrate Cardano battle tested solutions.
Proof of Impact Platform is revolutionizing impact measurement, connecting and uniting communities by directly supporting and empowering grassroots activists. By attracting funding, incentivizing engagement, onboarding new users to Cardano, and connecting impact investors to impactful projects we can use these tools for good, and put them into the hands of people on the frontlines. These benefits will be a huge contribution to the growth, adoption, and positive impact of the Cardano ecosystem.
Impact Web3
Sustainable ADA has a successful and dedicated track record in the Cardano community. They have expanded into Impact Web3 which represents Proof of Impact Platform, Sustainable ADA, & Domino DAO.
With Teodor Petricevic from UNDP joining our team to expand our work around Impact Measurement Systems (IMS), together we will have a greater impact 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 assessment frameworks such as UN SDGs, B-Impact, and GIIN's IRIS+ assessment.
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!
Cardano Impact Report 2023
Part of the Cardano community since 2020, and with our successful Project Catalyst experiences, we have had a lot of success in connecting with other projects and grassroot communities that have helped us with growing Sustainable ADA over the years.
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 for a better world.
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/
Why read the Report?
“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 ADA 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
Milestone 1: Partnerships and Registration
Output: Create long-term partnerships and register Impact Web3 in the UAE. Create an Advisory Board for IW3.
Acceptance criteria:
Milestone 2: White Paper V1 & Integrating Feasibility Study
Output: Releasing the first version of the PIP - IW3 White Paper and integrating the first Pilot feasibility study into our new model. We will use the study to define ways to improve IW3-PIP and make it a better experience for users.
Acceptance criteria:
Milestone 3: Upgrades & Official Roadmap
Output: Onboard partners to our community and develop our plan for upgrading IW3 - PIP. Plus releasing our Road Map for launching PIP - IW3 to the public.
Acceptance criteria:
Milestone 4: Begin Development of IW3 - PIP V2
Output: Release information on the official partner and share the plans and development road map.
Acceptance criteria:
Milestone 5: Onboard New Batch & NGO Partnerships
Output: NGOs can easily create an account and fill out specific onboarding resources. Allow for pre-launch onboarding and begin the beta testing round with our first batch
Acceptance criteria:
Milestone 6: Officially Launch the next version of IW3 - PIP
Output: Officially launch IW3 - PIP for all impact projects across the globe. This will most likely be a soft launch to not overdo it out of the gates.
Acceptance criteria:
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 began 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
Catalyst Journey:
We joined Project Catalyst, Cardano’s decentralized innovation fund, during fund 4. After applying and learning from both funds 4 and 5 along with lots of support from Cardano community members and teams, we were able to construct a strong proposal together that focused on our goals and ambitions for Sustainable ADA, and the Cardano community’s goals. We submitted a proposal focused on helping Grow Cardano, and Grow Africa.
With this funding, we had more capacity to focus on researching and sharing stories from change-makers in Africa and the diaspora, who are engaging with Cardano, creating a better tomorrow, today.
Thanks to the Cardano community and the use of their voting power from holding and staking ADA, we successfully secured the funding we were seeking. This helped us to take significant steps towards fulfilling our vision and mission having secured these crucial and helpful funds.
Through our time in the Project Catalyst ecosystem, we have been able to create a lot of strong and exciting partnerships with projects and businesses all across the world. This has led us to develop new ambitions for the work we do and to expand beyond education.
More about the projects we have been involved in: https://sustainableada.com/catalyst/
Experience and Expertise
The Sustainable ADA team has experience working with Figma, Canva, Wix, Final Cut Pro, Da Vinci Resolve 17, Adobe CC, Microsoft Products (Word, Excel, Powerpoint, etc).
Sustainable ADA has experience and backgrounds in Sustainability, Economics, Humanities, Social Sciences. Along with work with NGOs, Social Enterprises, Freelance journalism, and blogging.
The team has been a part of the Cardano ecosystem since 2020 and is very dedicated to the Cardano ecosystem, having authored and published "Recalibrating Value, Identity & Impact Through the Blockchain: Cardano Impact Report 2023”. This was the first of its kind Cardano Impact Report. The Cardano Impact Report is a comprehensive publication that showcases the positive impact generated by the Cardano community. It is designed as a book NFT (Non-Fungible Token) to leverage the unique features of blockchain technology, ensuring authenticity, transparency, and immutability of the content.
https://sustainableada.com/cardano-impact-report/
Sustainable ADA community partners:
The cost of the project represents value for money as it helps to verifiably demonstrate how Cardano is an enabler of postive impact, and attract more finance and capital willing to invest and support impact projects that can prove their impact.
Our efforts will also provide positive marketing opportunities for Cardano as the first Sustainable Blockchain, and enabling projects to walk the walk and not just talk the talk. Combating greenwashing/ SDG washing by bringing the tools to track and trace impact, and verify impact, and cost effectively deploy finance and capital to where it can have the most positive impact.
Impact Web3 and PIP will bring more visibility and recognition of impactful projects building on Cardano. By investing in Impact Web3, and its umbrella of products and services 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).