Dear Community,
We are resubmitting our proposal due to issues with the UX indicating enacment 3 years from now. The previous proposal can be viewed here.
Ordum is a public good grants aggregator for the Polkadot and Kusama ecosystems. This proposal addresses the funding of R&D.
Introduction
There is no existing software besides Gitcoin to publish, apply for and manage grants. Gitcoin focuses on a quadratic funding model, while there is a need for an overall indexer and management software for grants in web3.
After reading the Builders Program post on the Polkadot Forum and speaking with other members of the community (including councillors, Web3 Foundation, and members of Shokunin Network), it was evident that a grants aggregator is imperative for bringing projects into the ecosystem as well as scaling it.
In order to construct a rich and independent environment of public goods and DAOs, it is fundamental for teams to easily find and acquaint themselves with treasuries and foundations.
Problem
Treasuries / foundations(eg. Polkadot Treasury) are burning funds as there are not enough projects to support.
Grants information and guidelines within the ecosystems are scattered and therefore difficult to find (there are only 2 places where we have a somewhat overview of these; Polkadot/Kusama documentation and Web3 Foundation Github).
It is difficult to publicly track (grant) funding for different stages of project development. This has previously resulted in conflicts within the community.
There isn’t a unified public record to privately / publicly manage and display a grant recipient’s quality and outcome of delivery (scattered documentation).
With GOV2 incoming, further research is required on tracking proposals and deliverables in order to determine the appropriate UX.
Solution
Success for Ordum is the deliverance of all milestones and a V1 POC of a public goods grant aggregator.
A dapp which contains all grants from the ecosystems.
Minting of non-transferable NFTs as “certificates” for completed milestones. Each token would contain information on what was executed and how it was evaluated.
Delivery of milestones, grant applications and funding are displayed on a team’s profile for transparency.
Issuing surveys and analyzing / feedback data for the purpose of aggregating and managing treasury grants in the most optimal way.
Requested funding 78,804 USD // 2770 KSM
Kusama rate EMA7 as per 12th of December 2022, 11.00 (and reimburstment of submission and decision deposit)
The full proposal can be viewed here
We look forward to hearing your feedback.
Ordum Proposal Summary