Fund2 Challenge

If you haven't already: please watch the intro video: https://www.youtube.com/watch?v=Xa2HZ5kuKp4&t=4s

For Cardano to continue its evolution as a dynamic, decentralized network, we'll need to come together as a community of innovators, first focusing on the challenge of attracting developers and entrepreneurs to build on top of Cardano. This mission is critical because the contributions from developers and entrepreneurs will determine the value of Cardano.

Therefore at the end of the fund we will be asking ourselves:

Did our efforts manage to attract developers and entrepreneurs to our ecosystem?

We will be tracking the following metrics:

How many developers did we attract?

How many entrepreneurs?

How many new Dapps were developed associated with proposals?

How many new businesses were developed associated with proposals?

Guiding questions

What are low-hanging fruits that can be achieved first to attract developers and entrepreneurs?

What kind of Dapps and businesses can already be developed in the next six months?

Inspirational potential directions

The community open roadmap contains a "Use cases" section and "Driving adoption" section that can serve as an inspiration for proposers.

Additional options:

Ada Payment integrations.

Prototypes on Plutus/Marlowe playground

Market validation of Dapps

Week1 instructions

By sharing and reading other people's perspectives, we will find better solutions. In fact, research shows that sharing perspectives before sharing solutions can increase the review score of the final proposals by 26%. (See this presentation about the scientific research behind it here: https://youtu.be/f7kpHULIlJU?t=636))

Your perspective can be shared with the community by logging into Ideascale. Press the "Share perspective" button and post into the Fund2 campaign.

Your post can be about the following things:

Provide facts about the challenge others might not be aware of.

Example: Cardano already has about 20,000 people who engaged with our community in the past year.

Share an anecdote about the problem area: Your own experience onboarding to Cardano, or issues you saw other's encounter.

Example: When I first joined Cardano, I had no idea how to integrate my payment solution with the technology, submitted a support ticket, but it never received an answer.

Give an example of how others have successfully addressed this challenge.

Example: Ethereum launched hackathons all the time to attract young developers: https://ethglobal.co/.

Provide your opinion: What kind of proposals would you like to see submitted?

Example: I would love to see someone propose a system to identify entrepreneurs and developers in the eco-system, and keep them notified when new opportunities are introduced.

Share wild thoughts Inspiring, visionary, and hypothetical thoughts.

Example: Decentralized innovation funds can be the new ICO, instead of asking for funds, we ask for labor and ideas to jumpstart a token.

Discuss tradeoffs.

Example: We can campaign really hard to bring developers, but if we are not prepared with good onboarding they might get a bad impression and leave.

Offer Integrative solutions, take a few points of view shared before and define a novel solution.

Example: I see that we have 20K people in the network, that hackathons are great for onboarding devs, and that we need to identify devs in the community. Why don't we send an invitation for a Cardano-wide global hackathon? We could then build a list of interested devs + start engaging with them?

For this week, our goal is to get at least 100 posts exploring the problem.

Key dates

See Project Catalyst's community FAQ for current deadlines and key dates.

Evaluation and Decision Making

Community advisors will review proposals according to this guideline. This is just advice. Funding decision will be made by ada holders using the voting app.