HX-DAO: Empowering Human Value Exchange on Cardano

[GENERAL] Name and surname of main applicant

Toshitaka Ueda

[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

• Co-proposer: Yusuke Yoshimura (Community and Outreach Lead)

• Co-proposer: Kou Tokuda (Technical Developer)

• Co-proposer: Daishiro Okada (Impact Measurement Specialist)

[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)

Solution: We will create a transparent platform using Cardano’s blockchain to facilitate and validate human value exchanges, driving social impact and personal growth.

[GENERAL] Does your project have any dependencies on other organizations, technical or otherwise?

Yes

[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.”

Description: Collaboration with non-profits and social impact organizations is crucial for data validation and user engagement. We have secured partnerships with several organizations and will work closely with them to ensure accurate value tracking.

[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

Explanation: HX-DAO’s platform will be open source under an Apache 2.0 license, allowing the community to access, modify, and contribute to the codebase, ensuring transparency and collaborative development.

[METADATA] Horizons

DAO

[SOLUTION] Please describe your proposed solution

HX-DAO will build a transparent platform for human value exchange using Cardano’s blockchain. This platform will allow users to record, verify, and exchange societal contributions as tokens, promoting positive actions and personal growth. By leveraging Cardano’s smart contracts and blockchain infrastructure, the platform ensures a secure and transparent process aligned with the goals of social impact organizations.

The platform uses smart contracts to enable safe and transparent value exchanges. The specific mechanisms are as follows:

1.Users record their societal contributions on the platform. This includes the following information:

• Type of activity: Environmental activities (e.g., tree planting), volunteer work (e.g., educational support, disaster relief), donations, community services, etc.

• Activity details: Specific information such as the date, location, and number of participants.

• Digital proof: Evidence such as photos, videos, GPS data, and timestamps to verify the activity.

2. Verification Process:

Recorded societal contributions are verified through the following methods:

• Third-party verification: Partnered non-profit organizations and social impact groups confirm the validity of the activities.

• Community evaluation: Other platform users evaluate the activity, providing approval or feedback.

• Automated verification: Digital proof (e.g., GPS data and timestamps) automatically verifies whether the activity took place.

3. Smart Contract Recording:

Verified contributions are tokenized and recorded on the smart contract. The contents of the smart contract include the following:

• Token issuance: After verification, tokens are issued to the user based on the type and impact of the contribution.

• Recording of contribution details: The details of the activity (type, date, location, verification information) are permanently stored on the smart contract, ensuring transparency.

• Token usage conditions: Rules for exchanging or using tokens are recorded in the smart contract. For example, conditions for exchanging tokens for specific services or products.

• Evaluation and feedback recording: Community evaluations and feedback are also recorded in the smart contract, serving as data to measure the quality and impact of the contribution.

Through this mechanism, HX-DAO promotes social impact by tokenizing user contributions in a transparent and reliable way, offering rewards and recognition for their efforts.

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

HX-DAO will drive Cardano’s adoption by creating a new use case focused on social impact and human development. We will measure impact through:

• The number of transactions processed on the platform

• User registration growth and engagement levels

• Impact metrics from partner organizations validating societal contributions

Results will be shared through quarterly reports and open-source documentation updates.

[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?

HX-DAO’s team has extensive experience in blockchain development and social impact projects. We have successfully implemented smaller-scale blockchain solutions with non-profits, demonstrating our capability to deliver. We use a structured project management approach and maintain transparent financial tracking to ensure proper fund management.

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

Milestone 1: Platform Development and Initial Testing

• Outputs: Initial platform prototype, smart contract deployment

• Acceptance Criteria: Successful deployment and internal testing

• Evidence: Test results and code repository updates

Milestone 2: Pilot Launch with Partner Organizations

• Outputs: Platform launch with pilot partners, user onboarding

• Acceptance Criteria: At least 100 active users and 3 partner organizations onboarded

• Evidence: Usage data and feedback from pilot

Milestone 3: Platform Enhancement and Scaling

• Outputs: Additional features based on feedback, expanded user base

• Acceptance Criteria: Minimum of 500 active users and expanded partner network

• Evidence: User and transaction data, feedback report

Milestone 4: Full Launch and Public Engagement

• Outputs: Final platform version and marketing campaign

• Acceptance Criteria: Platform stability and increased user engagement

• Evidence: User metrics, marketing impact report

Final Milestone: Project Close-out Report and Video

• Outputs: Comprehensive project report and video summary

• Acceptance Criteria: Documented project outcomes and community feedback

• Evidence: Final report and video submission

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

• Toshitaka Ueda (Project Lead, CEO of DAO Inc.)

• LinkedIn Profile: https://www.linkedin.com/in/toshitaka-u-3a2181242/

• Yusuke Yoshimura (Community and Outreach Lead, Head of DAO Division, DAO Inc.)

• Akira Tokuda (Chief Technology Officer)

• Technical Team

• Kensuke Tamura (CEO of Andgate)

• LinkedIn Profile: https://www.linkedin.com/in/kensuketamura/

• Specialist overseeing infrastructure for terrestrial broadcasting in Japan

• Kiyotaka Yamazaki (Deputy General Manager, Web3 Business Planning Department, TIS INTEC Group)

• Leads a major company overseeing payment systems in Japan

• Hideki Ikeda (Executive Officer/CTO/BD, SBI VC Trade)

• SBI Group

• Daishiro Okada (Impact Measurement Specialist, former COO at Deutsche Securities and Square Enix USA)

• LinkedIn Profile: https://www.linkedin.com/in/%E5%A4%A7%E5%A3%AB%E9%83%8E-%E5%B2%A1%E7%94%B0-9493851a1/

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

1. 
   

1. Smart Contract Development and Auditing: ₳20,000

• Development of smart contracts for token issuance, verification, and exchange.

• Independent auditing to ensure the security and functionality of the smart contracts.

• Blockchain Integration and Testing: ₳10,000

• Integration with Cardano’s blockchain infrastructure, including API development and testing.

• Frontend/Backend Development: ₳15,000

• User interface (UI/UX) design and backend system development to enable user interactions with the platform.

• Cloud Hosting and Infrastructure: ₳5,000

• Cloud services and hosting fees for initial setup and platform maintenance.

2. Partner Collaboration and Data Verification: ₳20,000

• Non-profit Partnerships: ₳10,000

• Establishment of partnerships with non-profits and social impact organizations for data validation and contribution verification.

• This includes onboarding costs and administrative support.

• User Verification Systems: ₳5,000

• Development of third-party verification systems, automated validation tools (e.g., GPS, timestamps), and ensuring data security.

• Community Engagement and Training: ₳5,000

• Training and onboarding sessions for community members, focusing on how to use the platform and engage with the project’s objectives.

3. Marketing and User Engagement: ₳15,000

• Marketing Campaigns: ₳7,000

• Social media, online advertising, and public relations activities to raise awareness about the platform.

• User Incentives and Rewards: ₳3,000

• Rewards for early user participation and incentives for contributing to the platform and engaging in societal impact projects.

• Educational Materials: ₳3,000

• Creation of guides, videos, and webinars to educate users and partners about the platform and the concept of the DAO.

• Events and Webinars: ₳2,000

• Hosting online and in-person events to promote platform awareness and strengthen partnerships.

4. Administrative and Miscellaneous Costs: ₳15,000

• Legal and Compliance Fees: ₳5,000

• Legal fees for smart contract compliance and ensuring data protection regulations are met.

• Project Management and Operations: ₳5,000

• Salaries for administrative staff, project management tools, and general operational costs throughout the project.

• Miscellaneous Costs: ₳5,000

• Unexpected costs, such as additional software tools, infrastructure adjustments, or extra marketing needs.

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

The budget aligns with the development and scaling requirements for a platform of this nature. By using an open-source model and collaborating with partner organizations, we ensure cost efficiency and maximize value for the Cardano ecosystem by attracting new users and expanding blockchain use cases.