Last updated a year ago
Regulators around the world are threatening the feasibility of PoS staking protocols. This is done without the required differentiation
We want to analyse the latest PoS-related elements of the emerging EU-regulation and make sure that Cardano-specific benefits are considered
This is the total amount allocated to Examine PoS-Advantages of Cardano.
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Summary for Community Advisors:
1) Our Proposal in a Nutshell: This proposal is aiming for an additional in-depth analysis of the emerging EU-legislation by specifically examining PoS, staking and some newly emerging SPO activities like e.g. ISO (Initial Staking Offering). Based on Cardano's smart way of handling PoS and staking, we want to investigate possible advantages with regards to complying with emerging regulatory frameworks. If funded, we can derive important inputs to another proposal we have placed in fund 7: Establishing a SPO 2.0 Blueprint - which is about creating a BLUEPRINT for starting and growing a legally compliant stakepool of the future.
See: https://cardano.ideascale.com/a/dtd/How-to-establish-a-SPO-2-0/384352-48088
The findings of this proposal will of course also be integrated into our DLT360 Risk & Opportunity Radar (funded in fund 6, see our WEB-Site), thus making these findings also directly useable for the Catalyst-community's systematic risk (and opportunity) management.
2) Impact: This proposal complements the work of various other proposers (which are investigating EU-Regulation in a more general way). Here we are proposing an in-depth analysis of the SPO-related aspects. We want to emphasize that analyzing legal regulations is most beneficial when performed in a practical, result-oriented context (which means in our case: using the findings of this proposal as input to creating an inter-disciplinary BLUEPRINT for starting and operating a regulation-compliant stakepool). For avoiding redundancies and for maximizing benefits for the Cardano Community, we are actively partnering and networking with other legal-regulation-analyzing proposals. For more details please refer to our WEB-Site and/or to our Business Model Canvas section below.
3) Feasibility: This proposal is part of a bigger picture. Our DLT360 team has started its journey after being funded in fund 6 with one of our major services: The DLT360 Risk and Opportunity Radar. Based on this funding, we have implemented a small operational core-team. We are furthermore growing an extended team of inter-disciplinary domain-experts from the Catalyst community, industry and academia for adding their knowledge on demand (For more details please refer to our WEB-Site and/or to our Business Model Canvas section below).
4) Audibility: Our Business Model Canvas section outlined below contains major activities, milestones, deliverables, roadmap and costs. Due to various projects being interlinked and due to the overall complexity of proper planning and tracking, we do this in our DLT360 - MIRO environment. We offer on-demand visits to these MIRO boards for deeper-going discussions during the assessment phase. Due to already running a fund 6-funded project, we are part of the Catalyst Coordinator Process and acquainted with the relevant reporting processes.
Please note: We are applying a best-practice Business Model Canvas approach. We have added tags to our details below, hoping that the Catalyst-funded 'The Great Filter' application will be able to identifying the required sections in our text.
Business Model Canvas - Section containing further details(Our Canvas is maintained in DLT360 MIRO environment, access upon request)
This proposal is part of a bigger picture. Our DLT360 team has started its journey after being funded in fund 6 for one of our major services: The DLT360 Risk and Opportunity Radar. Fund 6 is about establishing this foundational framework for professional risk (and opportunity) management. With this new fund 7 proposal, we are adding a very specific aspect in the regulatory risk & opportunities segment. Points 1 to 5 of our Business Model Canvas are therefore explaining the bigger picture, while points 6 to 9 and the listed activities, milestones, deliverables, roadmap and costs are kept very specific to this project.
Dependent of the above listed customer-segments, we see our value proposition as following (more details in MIRO):
Depending on customer-segment and corresponding value-proposition, the following delivery channels will be used:
This project requires a one-time-effort. After this initial effort and the related initial funding, this will become part of our overall DLT360 activities. For these overall activities we are lobbying for stable service and consulting agreements with the Cardano community and outside-community clients (see also our related Fund 8 Challenge Setting proposal).
This project must be seen in the context of our overall DLT360 revenue stream planning. During this early stage of our DLT360 startup, we are fully focusing on servicing the Cardano Community. The fund 6 funding of our basic DLT360 Risk & Opportunity Radar will lead to delivering 2 quarterly reporting events (one planned for March and one for June 2022). This project will provide the specific (deepened) content related to PoS and SPO. For the overall startup, we are applying a careful 'Lean Startup' approach. This means that we will plan, check and iteratively adjust our Business Model according to our learnings, documented in our MIRO environment. For the time after Q2 2022, we see the following approaches regarding securing sufficient revenue streams for maintaining and growing our services as well as the required expert team and network.
This project requires the following specific key-activities
DLT360 is built by a small core-team and a flexible team of highly renowned domain experts as well as a scalable network of contributors from the Cardano community, from academia and from industry. For this specific project we will need the following key resources
For an always up-to-date-info about our team, please consult our WEB-Site:
We are partnering with other Catalyst projects and proposers in the regulatory field. Please find them always up-to-date on our WEB-Site. We have started to collaborate with
A deep-diving activity in this field could easily consume the entire funding available for this specific Challenge Setting. We will therefore approach this very smartly by integrating as many elements form other initiatives and by approaching this in a very cost-conscious way. Based on our listed key-activities and key-resources, we plan with the following costs (please note that we are in progress of setting up a formal company body and need to follow the strict European tax regulations):
This list of cost is not including the work of Heinz Gassner (contributed by Heinz at this early stage of the DLT360 startup).
Roadmap, Milestones and Deliverables
Due to the strong linkage with other activities of the DLT3690 Risk & Opportunity Radar and the lack of a graphics-integration in IDEAscale, all details are maintained in our MIRO environment. The plan below is just an orientational overview-listing:
KPI Progress and Success Measurement
NB: Monthly reporting was deprecated from January 2024 and replaced fully by the Milestones Program framework. Learn more here
More than 30 years of industry-leadership experience together with a flexible core-team and a network of renowned domain experts