Distributed decision making Dapp

The most up-to-date information can be found on the Miro board under the website section.

Plans:

The main goal is to get developers to make Cardano more attractive to users and thus increase the number of people involved with the community. How can we achieve this?

One of the ways that we have focused on is to create applications that can be used as features in their own work such as smart contracts, which creates an easy way to make deals between partners. The advantage of our application is that it offers a code-generated contract that is unmodifiable and also secure for all parties. It would also make some of the features of the Cardano community more exciting while also keeping it secure and valid, this would hopefully improve the number of people interested in the community. This application would be integrated and used through API so it would be accessible to many due to requiring low performance in order to work.

The application would be integrated into various activities that are already being done in the community such as documenting, developing, and token minting but also for the voting process. The issue here is that the Cardano community is strongly for decentralization and collective intelligence which we could provide with the application.

By using the application we can provide a safe way to document data that is permanently accessible to permitted parties, this is achieved by letting the app keep track of the data in a structured way. The bigger incentive for users to keep using the application comes from the reward system which gives people who participate more, some more voting power over regular users. The goal of this project is to grow the number of users steadily by about 10% every month and this can be monitored through the number of application downloads, application users, and transactions made through the application.

Roadmap and Budget:

Step 1 (1st month)

Create a whitepaper document that is used for smart contracts in the future to offer simple and secure ways to make deals.

The estimated budget for Content creators and operational cost: 2490$

Step 2 (2nd month)

Have a ready-built application for the named purpose.

The estimated budget for the front end: 7800$

The estimated budget for the back end: 23040$

Gather a group (about 20 people) of governance tool users who then interact with (about 100-500) other users.

The estimated budget for Content creators and operational cost: 2490$

Step 3 (3rd month)

Increase the number of governance tool users (to about 50) while also increasing the number of people interacted with (to about 2000).

The estimated budget for Content creators and operational cost: 2490$

Step 4 (4+ months)

Continue to monitor the success of the application and keep on increasing the number of users as well.

The estimated budget for Content creators and operational cost: 2490$

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