References for dRep

[IMPACT] Please describe your proposed solution.

dReps will vote on the vast majority of proposals within Project Catalyst and enhance the quality of decision making within each Fund

To do that, dReps have to convince ADA holders to gain delegation from communities. The people who are likely to gain the trust of the community are usually influencers, KOLs or admins of the communities.

Many influencers, KOLs and community admins do not have much experience, time and knowledge to be able to assess proposals and make accurate voting decisions.

Therefore, we create references to the proposals in each fund to help dReps who have the ability to call the delegate community but do not have enough experience, time and knowledge. dReps can refer to this document to make correct voting decisions

[IMPACT] Please describe how your proposed solution will address the Challenge that you have submitted it in.

This proposal will help to address 2 key Metrics of the challenge

(Number of dReps) How many dReps were onboarded? We'll make it easy to become a dRep. dRep does not require too much time, knowledge and experience. Therefore, almost anyone can become a dRep if they are able to convince people to delegate

(Accuracy of delegate decisions) How well did we create content and tools to make it easier to consider dReps? This reference will help dRep with more information and assessments of the proposals. dRep will be able to make more accurate decisions

[IMPACT] What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?

This reference can increase centralization if too many dRep use the same reference without making individual assessments.

Solution: We will make this reference public so the community can compare it with dRep's voting decisions and rational assessment . This will help ADA holders know if the dRep is using the document for reference or 100% copy. Thereby reducing the reputation of dRep.

The assessments in this reference are subjective as they are based on the experience and knowledge of the reviewer.

Solution: This is a reference. It is for reference only, not decision making for dRep. Therefore, dRep still has to evaluate the proposal according to dRep's opinion. If dRep has comments on references, you can email us and we will answer their questions.

[FEASIBILITY] Please provide a detailed plan, including timeline and key milestones for delivering your proposal.

We will create a Google sheet evaluating proposals with the following levels:

Vote Yes: Very good projects with high PA scores. Proposal has a large community impact. High probability of success.

Maybe Yes: Proposal is at a good level but needs to improve a few more aspects to be successful and to be able to solve the challenge (can vote Yes or no vote)

Not good: Proposal is still sketchy, has not provided enough evidence on the ability to implement the proposal, needs further improvement in many aspects (can vote No or no vote)

Vote No: The proposals are a scam, the proposal does not solve the problem of the challenge, the proposal is not feasible,...

KPI & Plan:

The first month:

We make this reference in google sheet

We will assess the proposals in the governance phase of fund 9 as an initial reference (500 proposals). We will then share this reference with the ADA holder community. This will help introduce dRep to the community to increase the number of dRep. Besides, it also helps to increase dRep's capacity in the future

Fund 10: Assess QA round (14 days)

We will assess and score 1,000 proposals of fund 10 in the QA assessment round. This will make our assessments independent of the proposal's score in the Governance phase.

During the Governance Phase (14 days) we will be sharing this document with the community of ADA holders and those who have signed up to become dRep. This reference will help them make voting decisions easier and more accurate

After fund 10 voting result: We will do a survey of dReps after using this reference to edit and develop for the next funds.

[FEASIBILITY] Please provide a detailed budget breakdown.

Number of assessments: 1,500

Cost for an assessment: 10$

Total cost: 15,000 USD

[FEASIBILITY] Please provide details of the people who will work on the project.

Ms. Hannah – Community Admin CA fund 6,7,8

Founder of a Cardano Community (40,000 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

VietCore Team: A team specializing in project evaluation and information sharing of projects on Cardano and other blockchain platforms. Youtube channel with more than 500 subscribers: (10 people) https://www.youtube.com/channel/UCe4l3L082unY0__q_0_krzQ/videos

[FEASIBILITY] If you are funded, will you return to Catalyst in a later round for further funding? Please explain why / why not.

If we are funded, we will return to Catalyst in a later round for further funding.

Every fund needs a reference like this. Therefore, we will create references for each Catalyst fund to assist dRep in making voting decisions easier and more accurate.

[FEASIBILITY] Are you or any member of your team working on any other proposals in this Fund9?

[FEASIBILITY] Are you or your team working on any other proposals from previous Funds?

[AUDITABILITY] Please describe what you will measure to track your project's progress, and how will you measure these?

We will publicly share the link of this google sheet with the community. So anyone can follow the implementation process as well as the results of this proposal. We will measure the proposal implementation process through the number of proposals we have assessed

We will survey the dReps that use this reference to measure the effectiveness of the reference and how the dReps feel when using this reference.

[AUDITABILITY] What does success for this project look like?

The number of dRep participating in Catalyst will increase thanks to this reference. Our target is at least 20 people will become dRep after using this reference

The dReps will vote more easily and accurately (we will measure this through surveys - 80% dRep satisfied with this reference)

[AUDITABILITY] Please provide information on whether this proposal is a continuation of a previously funded project in Catalyst or an entirely new one.

This is an entirely new proposal