Mission driven and Accountable!

The Problem

ADA holders consider several different factors when choosing a Stake pool to delegate to. Most of these factors such as pool longevity, system uptime, likely return on investment, size of pledge are easily verified and are well catered for by existing community services.

If, however, you choose your pool for reasons not so easy to verify, such as on the back of the pools stated Mission, Vision or Charitable promises you may be left having to simply trust the pool operator at their word. This falls short of the benefits we enjoy elsewhere in our trustless blockchain revolution.

The primary problem we are seeking to address in this challenge setting is:

• The amount of community funds in ADA staked to projects/ngo based SPO's

The Proposal Goals

We require a simple, friction-free solution that allows ADA holders to:

1.  Verify the financial giving promises of a pool are actually being carried out
2.  Trust that the charitable projects that receive donations are being vetted
3.  Stay informed of the impact of this giving activity through widely recognised metrics

With these goals being met, Stake Pool operators will have a valuable differentiator that they can promote knowing ADA holders will have increased trust in their promises.

FLUID7's Solution

By choosing trusted 3rd parties to perform the monitoring and evaluation of the charitable projects who will benefit from the donations, we create a human connection (or oracle) between the on-chain staking activity and the real world beneficiaries of our communities desire to give.

This proposal has selected B1G1 - Business for Good as a strong first candidate organisation to partner with. The B1G1 platform is already fulfilling the stated goals of this proposal for 2,900 donor businesses worldwide. They have a large portfolio of charitable projects in place and are collating UN SDG impact metrics on these projects.
https://b1g1.com/

The B1G1 platform also has made steps toward exposing APIs that allow 'Giving actions' to be triggered from software interfaces. For this first stage, we plan to build tools for Stake Pool operators to use to connect on-chain activity associated with Stake pool delegation to the available API endpoints available from B1G1.

For example:
A mission driven SPO promises to fund 5 days of student internet access for all new delegations over 500ADA to their pool.

We would create a service to monitor that Stake Pool address for new delegations and trigger a donation to the chosen B1G1 project from the Stake Pool operators B1G1 fiat account.

As well as all subsequent users of this solution likely contributing to a broad swathe of the UN SDGs, we have identified that this proposal in itself will be contributing to the following SDGs.

Sustainable Development Goals

Goal 10. Reduce inequality within and among countries

• 10.a Implement the principle of special and differential treatment for developing countries, in particular least developed countries, in accordance with World Trade Organization agreements
• 10.b Encourage official development assistance and financial flows, including foreign direct investment, to States where the need is greatest, in particular least developed countries, African countries, small island developing States and landlocked developing countries, in accordance with their national plans and programmes

Goal 16. Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels

• 16.6 Develop effective, accountable and transparent institutions at all levels
• 16.7 Ensure responsive, inclusive, participatory and representative decision-making at all levels

Goal 17. Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development

• 17.1 Strengthen domestic resource mobilization, including through international support to developing countries, to improve domestic capacity for tax and other revenue collection
• 17.16 Enhance the Global Partnership for Sustainable Development, complemented by multi-stakeholder partnerships that mobilize and share knowledge, expertise, technology and financial resources, to support the achievement of the Sustainable Development Goals in all countries, in particular developing countries
• 17.3 Mobilize additional financial resources for developing countries from multiple sources
• 17.8 Fully operationalize the technology bank and science, technology and innovation capacity-building mechanism for least developed countries by 2017 and enhance the use of enabling technology, in particular information and communications technology

Connect with us

• Twitter: https://twitter.com/FLUID7
• Discord: https://discord.gg/n9AXnuhkhh

FLUID7 Team

Jonathan - Director
Software architect, SPO, Prism pioneer, Dandelion IA Network

Jane - Administration Manager
Accounts, HR

Aman - Systems Administrator
Linux Admin, Devops, Network engineer

Maksim - Lead Developer
Full stack developer

Sommerville - Project Manager
Investor Liaison

For 11 years FLUID7 has built bespoke applications for small enterprises and NGOs specialising in system integrations and commerce applications. For examples of our work and wide experience, please see our website.
https://fluid7.co.uk/case-studies

Roadmap

Assuming success within this Fund, we have laid out the following roadmap with the goal of seeing 5 mission-driven SPOs trial our solution at the beginning of April 2020.

Success after 6 months would see additional features built out as defined in the 'Future Funds' section below and a few key partnerships formed with blockchain explorers and SPO directories.

After 12 months we seek to have persuaded B1G1 to adopt crypto payments as an option for charitable projects they work with. We would also hope to use the successes experienced by B1G1 to create further integrations with other donation platforms.

Current Fund

February 2022

• Proof of concept
• Create sample B1G1 Giving stories
• Capture Pool on-chain updates
• Trigger Zapier calls to B1G1

March 2022

• Social notifications of giving
• Verified off chain impact widgets
• Verified off chain giving badges
• Closed trial with select mission-driven SPOs

Future Funds

• On chain giving badges (NFTs)
• Delegator NFT rewards
• Stake Pool Directory integrations
• Explorer integrations
• B1G1 Crypto accounts

Key Performance Indicators

We have chosen KPIs that are in line with the previously mentioned Sustainable Development Goals we are targeting with this proposal.

• 10.b.1 Total resource flows for development, by recipient and donor countries and type of flow (e.g. official development assistance, foreign direct investment and other flows)
• 17.16.1 Number of countries reporting progress in multi-stakeholder development effectiveness monitoring frameworks that support the achievement of the sustainable development goals
• 17.3.1 Foreign direct investment, official development assistance and South-South cooperation as a proportion of gross national income

KPIs for Month 2

• 5 mission driven SPOs joining the trial
• 3 recipient developing countries chosen
• 500 giving impacts
• 10 SDGs represented in recipient charitable projects

Cost Breakdown

• 3 months cloud hosting - $640
• Systems Admin/Devops - $3,200
• UI/UX design - £3,200
• Software Development - $4,120
• Project Management - $3,840