Project Evaluation Website

Problem:

It is very difficult for investors to find accurate and objective information about a project. Because websites, youtubers or community administrators, often promote good projects for which they are paid whether it is a good project or a bad project. Therefore, investors are very easy to lose money on scam projects if they don't have ability to self-assess project which they are interested in

Investors often do not have a deep understanding of the technology and investment knowledge of blockchain. So they don't know what the key criteria of a successful project are. That's why they cannot systematically analyze the project themselves to make the right investment decision

The crypto market currently has thousands of projects issuing tokens to raise capital for project development. Among them are many scam projects. It is very difficult to detect fraudulent elements of projects if investors do not have tools to self-assess projects objectively and accurately.

Solution:

We will create a website where everyone can evaluate projects in the crypto market especially Cardano by answering questions about the project. Besides, it will also help people get rid of scam projects. When there are many people involved in the evaluation of a project, there will be a lot of information from different sources. Therefore, Information will be more objective and diverse

- When you access to Website:

Step 1: You will answer a few important YES/NO questions about the project to see if it is a scam project or not. If it is a scam project then you will get a scam alert and why it is a scam project. If not, you will be moved on step 2

Step 2: You will answer questions on a 1-10 scale that are more in-depth about the project. These questions are based on information such as:

• Overview: Established date, country, blockchain platform, mission, vision
• What is the project intended to do? - Roadmap
• What problem do they want to solve?
• Who did it? Information about core team, founder and team's experiences,
• How do they do it? - Technology solutions
• Do they have any new technology?
• Financial game - Token economic
• Competitive advantages and disadvantages - Comparing with other projects in the same field
• Appendix: link, glossary, pictures,.....

You can find information to answer the questions in step 1 and step 2 at:

• Project's whitepaper (lite paper)
• Information about the project's team and founder: Twitter, Github, Linked in,……
• Project community (if any)
• Asking project's team and founder questions in step 1 and step 2

These questionnaires will be created according to different areas of blockchain such as: Oracle, Defi, Game, Side-chain,...

After you evaluate the project yourself on our website, the project information will be saved and others can access the website to find information about the evaluated projects. This is the information of everyone's self-assessment, so the information will be objective and not be used by marketing tricks to serve anyone's interests.

Everyone can give any comment about questions on the website whether the evaluation questions are appropriate or lacking so that the team can continuously update the evaluation questions fully.

Team:

1. Team leader Ms. Hannah – Analyze projects, create questions for website and share website to community

• Founder of Vietnamese Cardano Community (helping 40k followers)
• One year experience in operating a stake pool (SPO)
• Experience in blockchain financial research and investment since 2017
• Blockchain product and market research specialist
• Telegram: https://t.me/hannahgates

2. Mr. Quang Daniel - Translator

• English Teacher & Translator in Viet Nam
• Telegram: https://t.me/quangdaniel

3. Mr. Jimmy Le - Analyze projects, create questions for website

• An Entrepreneur with 3 year experience in the blockchain field.
• Has a deep knowledge in blockchain technology and blockchain projects.
• Manage a small company for 7 years.
• Telegram: https://t.me/Jimmy_Lee01

4. Mr. Vu Do - Analyze projects, create questions for website

• Experience in research on blockchain ecosystems, especially on the Cardano blockchain ecosystem
• Telegram: https://t.me/VuDo2312

5. Mr. Giang Phung - Analyze projects, create questions for website

• Master of Business Administration
• 5 years of experience in Blockchain research & Crypto Currency investment
• Telegram: https://t.me/giangpt

6. Mr. Tony Nguyen – Web Developer & Designer

• 4 year for Business manager of financial and banking solutions- FPT.FIS.Fis Bank
• 8 years for Founder, Branch Manager - Seatech HCM, Software Solutions for Banking and Public Finance
• 3 years of experience in Blockchain research & cryptocurrency investment, research and development of software products on blockchain platform
• Telegram: https://t.me/Trint2

7. Ms. Ha Nguyen - Analyze projects, create questions for website

• 1.5 year of experience in blockchain research & ability to classify blockchain's project.
• Telegram: https://t.me/hanguyen122009

8. Mr. Sang Nguyen - Analyze projects, create questions for website

• 1 year of experience in cryptocurrency investment.
• Working in stock exchange, forex in real life
• Telegram: https://t.me/IlumNguyen

9. Mr. Bao Nguyen - Analyze projects, create questions for website

• 3 year of experience in cryptocurrency investment.
• Graduated from a few basic blockchain's knowledge training courses.
• Telegram: https://t.me/HuyenMyHN

10. Team Advisor Mr. Do Manh Hung – Verify questions on website and give advice for our team

• Over 15 years of experience in financial management for large corporations
• 20 years of experience in investing in financial markets: Stocks, Forex, Crypto…
• 10 years of training, sharing knowledge, experience in financial management and 4 years in Crypto market for thousands of students in Viet Nam
• Telegram: https://t.me/hung_domanh

Our Community and Youtube Channel

• Our Community with nearly 1,500 people interested in Cardano's projects

https://t.me/dautucryptotaman

• Our Cardano and others blockchain projects review videos:

https://www.youtube.com/channel/UCA0w4NkJIWzbdCl12Tw7QTg

Roadmap & KPI: 3 months

- The first month:

• Build website, UX/UI of website
• Research and build question for website
• Translate information on website from Vietnamese to English

- The second month:

• Launch the website and share to community
• Create project evaluation guide video for community
• Collect feedback from community and update question for website
• List evaluated projects from community on the website
• Translate information of all evaluated projects to Vietnamese and English

Target: 30 evaluated projects with 150 evaluated turn

- The third month:

• Update more question to website from community feedback
• Translate information of all evaluated projects to Vietnamese and English
• Encourage more people evaluate project on website

Target after 3 months: 100 evaluated projects with 500 evaluated turn

What does success look like?

• This website becomes one of the most reliable tools for everyone to evaluate objectively any project they want.
• Community can get more objective and diverse information about projects they are interested in
• Everyone evaluate project on website can improve their self-assess project ability
• 100 evaluated projects with 500 evaluated turn in 3 months
• More than 1,000 people reach this website for reading evaluated projects

Risk:

Someone can't answer these question on website because they don't know how to find information about project or they don't have enough knowledge about some technology of blockchain 

• Solution: We will make some video to guide everyone find information of projects and we will create more and more video to share to community knowledge of blockchain

Some new projects have new technologies. So some questions can't show advantages of project. Some questions maybe not suitable for these projects.

• Solution: This website have a feedback box, everyone can give any feedback or problem with questions on website. We are going to read it and update question weekly.

The website can be bombarded by a community with a very active and massive user base. It will make information on website less objective.

• Solution:

1. Everyone can comment below assessments of another people. If some people try to fake information of some projects in their assessments, assessments can be flagged by community. And we are going to reduce reputation of them
2. We are going to tracking people's IP or account to check whether they make so much assessments for a project. After that, our team will check that assessments again to make sure it's objective.

Budget:

• Domain: 75$/year (.io)
• Hosting for a year: 300$/year
• Translate English and Vietnamese (questions on website, evaluated projects) – 1 translator in 3 months: 3,000$
• Research, create and update question set (7 people: research, create, present in group, debate to make questions more objective and diverse): 10,500$
• Full Stack Developer and Graphic Designer for the Website: 3.000$

Total: 16,875$

Conclusion:

Impact: This proposal create objective information from community. It will help everyone get rid of scam projects and find out good projects to invest their money

Feasibility: We have analyzed a lot of blockchain projects and shared a lot of knowledge to community. Beside, The members of our team have abilities suitable for each task

Auditability: Everyone can access our website to self-assess projects. And we are going to update evaluated projects information, number of people self-assessed and reached on our website

More people reach our website more people can get rid of scam projects and find out good projects to invest their money.

So, please VOTE for this proposal to help community have an easy and reliable tool for their investment