Voters still have the problem of making decisions from a large number of proposals and reviews are not seen by many people as a reliable source of information about the quality of proposals.
This is the total amount allocated to Merit Based Reputation Engine Model for Cardano Ecosystem : Enhancing Trust and Accountability.
The rest of Reputation Enginee Developers
Provide a groundbreaking solution Merit Based Reputation Engine for catalyst That aims to address the current trust and accountability challenges by evaluating all activity & enhancing the credibility
No dependencies.
The project Some parts will be open source under the MIT or Apache 2.0 License. All code, documentation, and associated elements will be publicly accessible, allowing the community to copy, inspect, and contribute to the development of the project for Cardano integration. The chosen license ensures transparency, collaboration, and adherence to open source principles.
What won’t be open-sourced:
The Reputation Engine Model will revolutionize the way users interact with IdeaScale and Lidonation. By analyzing historical data and user activity, the model will assign trust scores to participants based on their past contributions, reviews, and behavior within the platforms and also for the new users. These scores will serve as indicators of trustworthiness, capability, and feasibility, enabling more informed decision-making by platform reviewers, voters, administrators, funders and anyone on the system.
Even the users can indicate their Reputation score in their proposal to show their capability.
Key Features:
Proposed Solution
To address these challenges, our proposed solution involves a comprehensive research approaches:
The first and foremost is Research:
Utilizing data from previous funding rounds up to Fund 8.9,10,11, we will conduct a thorough analysis. Leveraging Catalyst Testnet, Ideascale Platform, Milestone Reporting, and Community Reviewing data, we aim to:
The current and latest initall dataset of lates fund 11 can be found ‘https://docs.google.com/spreadsheets/d/1R-wytihG4fKR_E1hvSh8CWbYajo8dLcOezogxJ_7OSU/edit#gid=0’ and also
on the platform looks like this:
Upon successful implementation of the Proof of Concept, we will engage the Cardano community to gather feedback and refine the reputation system further. Community engagement is vital to ensure the system's alignment with the needs and preferences of Catalyst stakeholders. This phase will involve:
Blockchain Integration:
As part of our long-term vision, we aim to integrate the reputation system with the blockchain in future phases. Blockchain integration offers several advantages, including enhanced security, transparency, and immutability. The integration will involve:
Over all we aim to establish a robust Merit Based reputation system that enhances decision-making, fosters community trust, and drives the success of high-quality proposals within Catalyst. Let's work together to build a more transparent, inclusive, and effective governance framework for Cardano's future growth and development.
Importance of Reputation Engine
What are the goals of the reputation tool?
More on The Benefits of Decentralized Reputation Systems can be found Here on Linkedin
Therefore implementing a reputation system is not just a feature enhancement; it's a strategic investment in building a robust, trustworthy, and sustainable community ecosystem. By incorporating a reputation system into ideaScale and Lidonation platforms, we can ensure that they remain vibrant, inclusive, and effective tools for driving innovation and collaboration within the Cardano ecosystem.
Evaluations of Fund 10 show:
Source: https://twitter.com/LidoNation/status/1709916495550030191
Evaluations of Fund 11 Cardano Catalyst Announcement show found HERE:
The implementation of the Merit Based Reputation Engine will have a profound impact on the Cardano ecosystem:
Here are qualitative and quantitative measurements for the Impact:
Qualitative Measurement:
Quantitative Measurement:
It’s evident that there’s room for improvement in the voting system. However, it’s not possible to make improvement proposals if we can’t delve more deeply into the voting results. Without the necessary information, we would be making improvement proposals semi-blindly.
We have to make data-driven improvement proposals for next funds.
Right know some of the available information is:
But for example, the publication of the number of positive and negative vote casts received by each proposal was disabled since Fund5. Link is here from Catalyst forum
Image what it will do in case of the whole voting, and funding of the ideascale catalyst system, this is a snap of just only voting researches Fund10
Our team consists of experienced professionals in software development, machine learning, web and blockchain technology. With a proven track record of delivering innovative solutions, we are well-equipped to develop and implement the Reputation Engine Model for Cardano IdeaScale and Lidonation.
Our team has successfully develop Blockchain and Merit Based Reputation Engine for Singularitynet.io of Mindplex.ai
Our team is proud to be partnered with MLOps Community, a global organization at the forefront of machine learning, DevOps, and cutting-edge technology. As hosts and organizers of the Addis Ababa chapter, we facilitate Meetups , YouTube videos, newsletters, podcasts, and more, providing a platform for knowledge sharing and networking. With branches in various countries and partnerships with industry leaders like AWS, NVIDIA, Databricks and more, we have demonstrated our capacity to deliver successful events and initiatives, showcasing our commitment to innovation and community engagement.
Our team has achieved significant milestones in the realm of educational mobile applications, boasting over 100,000 downloads and maintaining an active user base exceeding 60,000. You can explore our flagship app here: link.
Furthermore, we're proud to highlight our successful participation in 'Cardano for 100,000+ students,' securing funding through Fund 11. You can view our project proposal and track record here: link.
In addition to our project successes, we're thrilled to announce our collaboration with Microsoft for Startups Founders Hub, a partnership that further solidifies our commitment to innovation and growth.
Our approach will involve thorough research, stakeholder consultation, and iterative development to ensure the model meets the needs of the community.
Research and Development Planning: Milestones 1
Algorithm Development and Wireframe Design: Milestones 2
Prototype Development, Integration and Off Chain Testing: Milestones 3
Testing and Quality Assurance: Milestones 4
Deployment, Launch, and Maintenance: Milestones 5
Our team includes experts in machine learning, API, Web, Mobile and blockchain development, and project management, ensuring comprehensive coverage of all project aspects.
1.Menilik Eshetu - Open Source Specialist, Lead Backend and Reputation System Developer
2. Gerawork Aynekulu - Blockchain Developer and DevOps Engineer with more than 4 years of experience
3. Surafel Fikru - Blockchain Developer at Singualritynet with more than 2 year of experience
4. Ishak Sebsibe - API Developer | Backend Developer | Reputation System Developer
5. Tollan S. Berhanu - AGI Research | AI Development | Cardano Blockchain | Full-stack Web
6 Betelhem Girmay - Human Resource and Digital Marketing Specialist
Our team experienced professional adept at content creation, copywriting, and promotion. Betelhem will manage HR tasks while leveraging digital marketing strategies to enhance project visibility and engagement.
7 Partners and Groups with existing educational and experienced experts
Direct lines of communication have been established to ensure effective coordination and access to necessary resources.
Team Engagement: All listed team members have been engaged and have confirmed their roles and commitment to the project timelines.
This community are in short
Community Hub: Our channel serves as a vibrant hub for interested in blockchain technology. It's a place where enthusiasts, developers, and learners come together to share knowledge, ask questions, and explore the vast potential of blockchain.
Learning Opportunities: people Join us to access educational resources, discussions, and insights into blockchain technology. Whether they are a beginner or an expert, there's always something new to discover and learn in our community.
Networking Platform: Connect with like-minded individuals, experts, and professionals in the blockchain space. Forge valuable partnerships, collaborate on projects, and stay updated on the latest developments and opportunities in blockchain ecosystem.
Community Engagement: Engage in lively discussions, community meetups, and awareness campaigns aimed at promoting blockchain adoption and innovation. Be part of a movement that's shaping the future of technology and entrepreneurship in our country.
Partnership Opportunities: Explore partnership opportunities with blockchain technology companies, startups, and organizations. Together, we can drive meaningful impact and create innovative solutions that benefit our community and beyond.
Note: Our teams are partnered with Binance Africa and started the Process of partnering with Polkadot., Singularitynet And more
A detailed budget breakdown encompassing expenses related to development, testing, deployment, and ongoing maintenance of the Reputation Engine. We are committed to transparent financial management and accountability throughout the project lifecycle.
Cardano-Software-Developer-Average Salary
Infrastructure Costs:
Miscellaneous Expenses:
Total Budget: 110,000 ADA
The proposed budget represents high value for money.
The funding requested for this project represents an investment in the future of Cardano's IdeaScale and Lidonation platforms. By enhancing trust, accountability, and transparency, the Reputation Engine will deliver tangible benefits to the Cardano ecosystem, ensuring the efficient allocation of resources and fostering sustainable growth and innovation.
The Reputation Engine presents an unprecedented opportunity to elevate the integrity and effectiveness of Cardano's IdeaScale and Lidonation platforms. By harnessing the power of data analytics and learning algorithms, we can build a more resilient and trustworthy ecosystem that empowers users and drives meaningful impact.
Clear Reporting: Regular reporting and impact assessment activities demonstrate the commitment to transparency and accountability, providing the Cardano community with insights into fund utilization and project outcomes.
Transparent Allocation: The budget breakdown Each budget item is meticulously justified and ensures a transparent allocation of funds to critical project components, balancing development, content creation, testing, community engagement, and impact assessment.
Attracting Stakeholders: The transparent and accountable ecosystem fosters trust among users, investors, and partners, driving sustainable growth and innovation within the Cardano community.
Long-term Benefits: The long-term benefits of a reliable reputation system outweigh the initial investment, positioning Cardano as a leader in fostering a robust and thriving ecosystem.
Together, let's pave the way for a brighter future for Cardano 🚀.