Expected return (or why you got funding)
What the community who voted for you expect in return for the funding they allocated.
Last updated
What the community who voted for you expect in return for the funding they allocated.
Last updated
The goal of the Cardano project catalyst community is to help the Cardano ecosystem grow by letting community members propose and fund projects that they think will help Cardano as a whole.
If the proposal is about technical development, the expected result could be the implementation of a new feature, the improvement of an existing feature, or the creation of a new tool or application that can be used to help develop the Cardano blockchain. The proposal may also focus on improving the overall performance, security, or scalability, provide ramps on or off Cardano.
If the proposal is related to community building, the expected outcome might be an increase in the number of users, developers, or stakeholders involved in the Cardano ecosystem. The proposal may also focus on educating the wider community about Cardano and its benefits or organizing events and initiatives to get more adoption and awareness.
Ultimately, the expected outcome of a funded proposal is to make an intentional contribution to the growth and development of the Cardano ecosystem in some way, whether it be through technical improvements or community building initiatives. The success of the proposal will be evaluated based on its Return on Intention i.e.; the impact it has on the Cardano ecosystem.
“Return on intention” refers to the idea that the success of an initiative or project should be evaluated not only based on its technical, or financial return or outcome, but also based on whether it achieved its intended purpose or goal.
By putting "return on intention" at the top of a project's list of priorities, the expectation is the outcome is aligned with the projects original purpose, and that the outcome is meaningful and beneficial to the Cardano ecosystem.
By considering “return on intention” when shaping expectations, the focus is shifted away from short-term financial gains towards impact.
For more information about Cardano's mission, vision and goals here are some links:
Measuring “return on intention” is challenging, it involves evaluating qualitative and subjective criteria, e.g.;
Clear and measurable objectives and key results: was progress towards the intended goal tracked and evaluated throughout the project lifecycle?
Data: For instance, if the objective of your project is to increase awareness of Cardano, data can be collected on website traffic, social media engagement, and other metrics that indicate increased visibility and awareness.
Feedback: Gathering feedback from stakeholders and participants provides valuable insights into how well the project or initiative achieves its intended purpose. Feedback can be collected through surveys, focus groups (or another method you design for your project).
