Research Guild: Business Report

The Research Guild will deliver a report to investigate opportunities and links between Cardano-based solutions and business needs (C2B).

Three PhD candidates studying blockchain applications in land management, intellectual property and peer production; a PhD in Law and International Relations; expertise in research, project management, community development, governance, teaching, license compliance and auditing.

[IMPACT]

RESEARCH GUILD | Our approach is simple – we offer customised research reports for Catalyst campaigns. However, like software development, research isn’t sexy – it takes grunt work. To achieve this work in a scalable way, we propose forming a Research Guild, or a collective of independent researchers investigating blockchain solutions on Cardano. We aim to do so by building a professional research network within Project Catalyst, through invitation and paid research gigs. The Research Guild can also provide paid support to other proposals and initiatives by forming problem-solving scrums around key issues. If the project is successful, our vision is to build a global research network that draws researchers to Cardano, increases adoption as well as knowledge capital for DLT enterprise development.

In this challenge, the key issue revolves around an identified need for research and strategies for Cardano-2-Business (C2B) applications on the blockchain

BUSINESS REPORT | We aim to conduct a scoping exercise that targets C2B challenges and solutions by exploring cases across blockchains, and within Cardano and Project Catalyst. This exercise will be delivered in the form of a public scoping report with key research insights and recommendations that can be implemented by the community immediately, or pursued through future Project Catalyst funding proposals.

RECRUITMENT | Our team will begin by extending invitations to our personal network of academic and professional colleagues, and by extending an open invitation to researchers within the community. Our primary requirement is that Expressions of Interest (EOI) include:

1. A resume including professional and education history;     
2. Links to academic work/publications, and;  
3. A brief bio including your experiences in the blockchain industry.

           EOI’s can be sent through Ideascale @rg.admin

RATIONALE | Research and development go hand-in-hand. In the excitement of experimentation, it can be easy to overlook or underestimate the value of founding a project on a sound research base. Effective research helps to scope the lay of the land, and analyse the strengths, weaknesses, opportunities and strengths (SWOT) that impact a project. It also removes the guesswork, identifies knowledge gaps, builds future funding cases and supports sound decision-making by challenging false assumptions, misinformation or speculation. To continue Cardano’s research-driven ethos, Project Catalyst needs to invest more into high-value community-driven research at the project preliminary level, through a coordinated and consistent approach.

The Research Guild and Guild Reports are positioned to meet this need across campaigns.

This challenge asks the question: ‘How can Cardano-based solutions help meet real business needs and what would be their impact?’

Sometimes, in our zeal to iterate in an exciting and innovative environment, ‘scatter-gun’ approaches to idea-generation can create a proliferation of poorly developed ideas, and inefficiencies in how those ideas are communicated or implemented. This project will directly address the challenge by conducting a professional community-driven research project, and drafting a report that scopes "blockchain-business" solutions across the blockchain space, as well as C2B developments within the Cardano and Project Catalyst network. A list of recommendations will be drawn from the report’s findings, and these will be disseminated publicly so that the community can initiate actions immediately, or use the findings to support or merge future Catalyst funding proposals.

The final report will be disseminated through a dedicated web-portal, and advertised via social channels.

Since research projects can be time-intensive and time-sensitive, the biggest risk facing our project at this stage is the number of research-hours required to complete larger projects (to a high-standard) versus our current team size.

The first iteration of our team is small and involved in existing research work. In order to juggle the potential demands of a slate of research projects, we will dedicate time to recruit atleast three of our colleagues into the network within the next two months. We will do this by maintaining an open invitation for skilled researchers to join the guild so that the research needs of each project, campaign and the community as a whole can be adequately met.

We will also focus our Fund 8 strategy on proposing a slate of smaller research projects that target research-based solutions to niche campaign-problems. This will enable us to begin building research value in the community, and to recruit and incentivise contributions from researchers. As it will also take time to connect and establish with the wider network of researchers, we will also seek funding to better establish the administrative functions of the guild including building a working bounties program, a Guild research standard, collaborative tools/templates and a dissemination portal (such as a website and Github).

[FEASIBILITY]

Each Research Guild proposal looks at supporting a two-prong approach to campaign problem-solving:

1. Building the Research Guild as a coordinated network of skilled researchers and resource for the Catalyst community, and;
2. Tailoring research reports to campaign or proposal briefs.

Building the Research Guild (20% of treasury) will be achieved as follows:

• Researcher identification and outreach;
• Researcher onboarding;
• Research Project Management and Support;
• Clarifying terms of engagement;
• Designing a bounties program that includes a basic tender process, communication platform, payment/rewards mechanism and job ranking metric;
• Establishing a Guild research standard (including report criteria setting and sign-off);
• Design reporting templates;
• Establishing core competencies for Guild members including research and professional qualifications, peer review processes, skills and experience;
• Establishing collaborative tools; 
• Exploring collaborative models (incl. DCO’s);     
• Establishing a dissemination portal;
• Funding strategies to support Guild sustainability;
• Identifying project and research partnership opportunities;
• Report review processes to gauge community research impacts;
• Drafting Guild community guidelines;    
• To develop an Admin Framework;
• Map review processes including rate setting, report tiering metric (i.e., tiering by word-count, research hours, etc) and template sign-off;
• Exploring Guild network growth opportunities;
• Identifying ongoing Admin and Guild network maintenance tasks.      

Custom Guild Reports (80% of treasury) will be achieved as follows:

• Creating tailored research projects targeting Project Catalyst campaigns;
• Creating tailored research projects for Project Catalyst proposer collaborations;
• Identifying Guild members to research and peer review reports;
• Deploying funds/rewards once report criteria are signed off by peers;
• Report time-budgets (%) will be loosely based on the following research pathway:

Project Commencement – May (Q2 2022)    

Project Plan - 10% of project/budget (2 weeks)       

Literature Review - 30% of project/budget (9 weeks)         

Document collation

Interviews (if required)

Literature Analysis - 10% of project/budget (2 weeks)         

Draft Report v1 - 15% of project/budget (4.5 weeks)              

Editing / Review

Draft Report v2 - 15% of project/budget (4.5 weeks)              

Editing / Review

Finalise Report v3 - 15% of project/budget (4.5 weeks)                      

Peer Review

Final Report.pdf - 5% of project/budget (1 week)   

Dissemination

Project Completion - Nov (Q4 2022)         

A Business Report for ‘F8: Open Standards & Interoperability’ will be framed as follows:

• An identification of key documents, platforms and researchers invested in solving Cardano C2B issues;
• A scoping exercise to outline current C2B issues faced by Cardano and its major competitors;
• A scoping exercise to identify current and retrospective C2B solutions proposed within Project Catalyst;
• Conducting of research interviews with key developers, teams or professionals working on C2B issues (if applicable);
• An evaluation of key problems and current solutions found within the network;
• A concept map of key gaps and opportunities found within the network;
• An analysis of the findings;
• A list of recommendations drawn from the analysis.

Much of the administrative functions of the Guild will need to be established in the early-stages of the project’s lifespan, and subject to ongoing review by the Guild members. Administration in the form of project management, and research in the form of tailored reports, will be an ongoing function of the project.

Based on an approximate funding cycle of 4-5 Catalyst rounds per annum – and in the event that community funding should be perpetual - the proposal roadmap for the project will involve:

1. Approaching each Project Catalyst campaign as a niche research brief; and applying for funds to deliver skilled research insights and actionable solution-focused tasks back to the community;

2. Offering future proposer collaborations and professional partnerships to the community on a co-funded or pro rata basis;

3. Tailoring funding requests to campaign budgets, campaign scope and availability of researchers within the Guild.

It is estimated that a scoping of this scale will take six months to complete: commencing in May (Q2 2022) and concluding in November (Q4 2022). 

(Note: A more comprehensive, longitudinal study will require ongoing research focus and funding. If this proposal is successful, a staged longitudinal C2B research proposal will be considered).

We have determined a base hourly rate for researchers, based on the average of five online career surveys. We have selected surveys from the US (x2), New Zealand, Australia and Germany. USD is the native currency for Project Catalyst recipients, while Australasia and Germany are where our research team resides. The initial rate will not take into consideration education level, specialist skills or experience.

Indeed.com = US$67,873

Indeed.com (AU) = AU$86,828 (or US$62,444.53)

Money.usnews.com = US$59,870

Payscale.com (DE) = €57,073 (or USD $62,607.65)

Salaryexpert.com (NZ) = NZ$91,192 (or US$61,497.13)

The base rate for research projects will be:

US$62,858.46 per annum

US$1,309.55 per week @ 48 weeks

US$32.74 per hour @ 40 hours

To review each proposals roadmap and budget, we must consider the scale and scope of each project (based on the research problem and criteria), the time required to successfully complete the project versus the funders/community’s time requirements, and the hourly rate of the researcher.

Hourly Rate = Base Rate (+ Specialist Rate) (+ Priority Rate)

The Specialist Rate factors in education level, specialist skills or experience, scale, urgency and complexity of the project. In the case of the PhD candidates composing the first generation of our team, a specialist rate for the project – including professional and doctoral research experience - will be added. There will be no Priority Rate on this project.

The Specialist Rate for this project will be:

           $60.00 per hour

With project delivery estimated at six months, it is likely that one researcher and one research assistant will be required for this project, equating to a research team of two.

With a Research Lead engaged in the project part-time (25 hours per week), and one research assistant required part-time (12 hours per week), it is estimated that 37 research hours per week will be dedicated to the project for the six-month period.

The budget requirement for the Research Guild’s Business Report is estimated at:

           RESEARCH LEAD (x1 @ 25 hours per week)  

           @ US$60.00 per hour (specialist rate)          

           @ 25 hours per week = $1,500         

@ 27 weeks (six months approx.) = $40,500.00            

           RESEARCH ASSISTANT (x1 @ 12 hours per week)

           @ US$32.74 per hour (base rate)

           @ 12 hours per week = $392.88

           @ 27 weeks (six months approx.) = $10,607.76

SUBTOTAL = $51,107.76                  

An additional $10,221.55 (20% of the report budget) will be requested to support the Research Guild's Admin Fund, to build project management and administrative capacity. This brings the project total to:

           TOTAL = $61,329.31                           

For each successful proposal, funds will be allocated into the Guild treasury as follows:

80% of all funds to Research Guild - Research Fund;

20% of all funds to Research Guild - Admin Fund.

According to Project Catalyst’s reporting processes, funds will not be released until successful completion of project KPI’s (see Auditability section below). The Research Guild will place bounties on project critical KPI’s that apply to Guild Admin (Network Building) and Guild Research (Custom Reports). These bounties will be open to Guild members and subject to peer review prior to Catalyst sign-off.

The Research Guild

A collective of independent researchers interested in investigating blockchain initiatives on Cardano. We aim to build a professional research network within Project Catalyst to support initiatives at all levels by forming problem-solving scrums around key issues, and to recruit and tender research projects out to the network through a bounties program. Invitations for graduate and professional researchers to join the Guild are open.

Troy Egan | Research Lead, Project Manager, PhD Candidate (2019-Current)

Troy is a PhD candidate at Auckland University, studying peer-production strategies within the creative sector. He has 20 years’ experience in the creative, health and community development sectors in New Zealand and Australia. He is also a previous Co-Proposer and Catalyst Fund3 Co-Recipient with NFT-DAO. Troy will be supporting the Research Guild’s project management and research contributions.

https://www.researchgate.net/profile/Troy-Egan  

https://www.linkedin.com/in/troyegan/

Mina Cu | Research Lead, PhD Law / International Relations, PhD Candidate (2021-Current)

Mina holds a Doctorate in Law and International Relations from Renmin University in China. She is currently a PhD Candidate studying blockchain applications for land management and documentation; as well as a Lead Teaching Assistant and Adjunct Researcher at the Department of Information Systems and Operations Management at The University of Auckland. Mina describes herself as a blockchain believer.

https://unidirectory.auckland.ac.nz/profile/mina-cu

Sév | Research Lead, Compliance / IP Auditing, PhD Candidate (2021-Current)

Sév has a professional background in license compliance and intellectual property auditing in the software industry, both open source and proprietary. He started his PhD with The University of Osnabrück in Germany, focusing on the impact of distributed ledger technology for the management of the intellectual property life cycle. Sév has research interests in NFT’s, DAO’s and has contributed to governance building within several Catalyst projects.

[AUDITABILITY]

The Research Guild Business Report will approach auditability in three ways:

1. Establishing a set of project KPI’s by which the projects progress can be measured;
2. Engaging in internal peer review processes to proof, edit and sign-off on project deliverables;
3. Engaging in Project Catalyst community advisor review and auditing processes.

Key Performance Indicators (KPI’s) are built on tasks associated with the two-prong development of 1) The Research Guild as a sustainable network of skilled researchers and 2) Tailored Guild Reports targeting viable solutions to campaign or proposal briefs. To do so, the Research Guild will maintain a series of Variable KPI’s (for building the Research Guild) and Fixed KPI’s (for targeted Guild Reports) across the Fund 8 campaign rounds. Dependent on the success of one or many of these campaign proposals, the Research Guild KPI’s for Catalyst Fund 8 are as follows:

VARIABLE KPI’s (Capacity Building): Establish the Research Guild (20% of project)

These are predominantly one-off KPI’s used to establish the Research Guild in its first iteration, and will become more focused on growth and maintenance in future rounds.

• Researcher identification and outreach;
• Researcher onboarding;
• Research Project Management and Support;
• Clarifying terms of engagement;
• Designing a bounties program that includes a basic tender process, communication platform and payment/rewards mechanism;
• Establishing a Guild research standard including report criteria setting and sign-off;
• Design reporting templates;
• Establishing core competencies for Guild members including research and professional qualifications, peer review processes, skills and experience;
• Establishing collaborative tools;
• Establishing a dissemination portal;
• Funding strategies to support Guild sustainability;
• Identifying project and research partnership opportunities;
• Report review processes to gauge community research impacts.   

FIXED KPI’s (Campaign-Specific Reports): Business Report (80% of project)

These are perpetual KPI’s used to execute research deliverables against a reporting template, and are targeted to research-driven outcomes for campaigns and proposals.

• Creating tailored research projects targeting Project Catalyst campaigns;
• Creating tailored research projects for Project Catalyst proposer collaborations;
• Identifying Guild members to research and peer review reports;
• Deploying funds/rewards once report criteria are signed off by peers;
• Report time-budgets (%) will be loosely based on the following research pathway:
• An identification of key documents, platforms and researchers invested in solving Cardano C2B issues;
• A scoping exercise to outline current C2B issues faced by Cardano and its major competitors;
• A scoping exercise to identify current and retrospective C2B solutions proposed within Project Catalyst;
• Conducting of research interviews with key developers, teams or professionals working on C2B issues (if applicable);
• An evaluation of key problems and current solutions found within the network;
• A concept map of key gaps and opportunities found within the network;
• An analysis of the findings;
• A list of recommendations drawn from the analysis.

Reporting Template:

• Report Objectives
• Report Contents
• Executive Summary
• Report Outline

Report Background

Report Methodology

Report Rationale

• Report Literature Review

Keyword Search

Global Blockchain-Business Research

Cardano Blockchain C2B Research

Project Catalyst C2B Solutions

• Report Analysis

Key Problems

Key Solutions

Key Findings

• Recommendations
• References

Finally, it is of interest to support the UN Sustainable Development Goals (SDG’s) where they intersect with the project. These goals include:

• Goal 4 & sub-goal 4.4: The advancement of research-oriented education and learning opportunities, the support of technical and vocational upskilling, employment and entrepreneurship;
• Sub-goal 7.a: cooperation and the advancement of research in blockchain-driven problem-solving initiatives;
• Goal 8. Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all;
• Goal 9. Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation;
• Goal 17. Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development.

These goals are further expanded upon in the SDG Rating section (bottom of page).

Success for this project will be three-fold:

1. Supporting skilled researchers to engage in the paid investigation of problems and solutions facing the Cardano and Project Catalyst community;
2. Supporting the Cardano and Project Catalyst community to address key campaign issues through a research-driven approach;
3. Delivering a final research document to the community with clear and actionable recommendations.

Fund 8 is the first Project Catalyst fund the Research Guild has participated in as a project.

From this fund onward, the Research Guild will take a blanket approach to funding proposals and budgeting, in proportion to the projected scale of the investigation required, and the approximate specialist hours required to complete the investigation.

We will do this by approaching every Project Catalyst campaign as a research brief.

SDG Rating

UN SUSTAINABLE DEVELOPMENT GOALS

This project supports the following UN SDG goals:

• Goal 4. Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all;
• Goal 7. Ensure access to affordable, reliable, sustainable and modern energy for all;
• Goal 8. Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all;
• Goal 9. Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation;
• Goal 17. Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development.

UN SUSTAINABLE DEVELOPMENT SUB-GOALS

This project supports the following UN SDG sub-goals:

• 4.4 By 2030, substantially increase the number of youth and adults who have relevant skills, including technical and vocational skills, for employment, decent jobs and entrepreneurship
• 7.a By 2030, enhance international cooperation to facilitate access to clean energy research and technology, including renewable energy, energy efficiency and advanced and cleaner fossil-fuel technology, and promote investment in energy infrastructure and clean energy technology
• 8.2 Achieve higher levels of economic productivity through diversification, technological upgrading and innovation, including through a focus on high-value added and labour-intensive sectors
• 8.3 Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services
• 8.4 Improve progressively, through 2030, global resource efficiency in consumption and production and endeavour to decouple economic growth from environmental degradation, in accordance with the 10‑Year Framework of Programmes on Sustainable Consumption and Production, with developed countries taking the lead
• 8.10 Strengthen the capacity of domestic financial institutions to encourage and expand access to banking, insurance and financial services for all
• 9.2 Promote inclusive and sustainable industrialization and, by 2030, significantly raise industry’s share of employment and gross domestic product, in line with national circumstances, and double its share in least developed countries
• 9.3 Increase the access of small-scale industrial and other enterprises, in particular in developing countries, to financial services, including affordable credit, and their integration into value chains and markets
• 9.5 Enhance scientific research, upgrade the technological capabilities of industrial sectors in all countries, in particular developing countries, including, by 2030, encouraging innovation and substantially increasing the number of research and development workers per 1 million people and public and private research and development spending
• 9.a Facilitate sustainable and resilient infrastructure development in developing countries through enhanced financial, technological and technical support to African countries, least developed countries, landlocked developing countries and small island developing States
• 9.c Significantly increase access to information and communications technology and strive to provide universal and affordable access to the Internet in least developed countries by 2020
• 17.3 Mobilize additional financial resources for developing countries from multiple sources
• 17.13 Enhance global macroeconomic stability, including through policy coordination and policy coherence
• 17.19 By 2030, build on existing initiatives to develop measurements of progress on sustainable development that complement gross domestic product, and support statistical capacity-building in developing countries

UN SDG Key Performance Indicator (KPI):

This project intersects with the following UN SDG KPI's:

• 9.5.1 Research and development expenditure as a proportion of GDP
• 9.5.2 Researchers (in full-time equivalent) per million inhabitants
• 17.13.1 Macroeconomic Dashboard

#proposertoolsdg