{"signature": "0x128b62d86a0b860e2c629e72a13fee0b836f1ecb6c084917167bcaba63106a776abbc252d25937ec4585c8efc1871a4baf350dce34f98d54e75640e9e4ddc69f1b", "application": {"round": "0xd2871a0f966c3dd16a6eb71e09eab0e232a0283d", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "E6FB+VAkWJtiBX4hb3EpLzZ+oRw6rwvUxdzPnSk2Vg0bXr1oonS2b+V4rQD7OZ0e", "encryptedSymmetricKey": "5f72616b84c1999c890b9314c15d8ca8179de215a783335658ad31a620a31961d5e383f2956c4f2712d0cad7db4dda0ca3e904f3b7faeb1653f5b257c12eea0cd61b404e3daa6ff49d930a7cf018a803e5c890ed535017a65f955f476cce278e0cab5ed9c93fa96c38ce2a0e12b57ecc439801aa1710b9b4bb9e15a18207ac71000000000000002003069c695a7b6e7f0f7461c7c00fbaad17e701aa08056a2b4847b6db2e23dc87fe3d5342253dcea707c48267d51f12af"}}, {"type": "short-answer", "answer": "@MorleySheen", "hidden": true, "question": "Telegram Handle", "questionId": 1}, {"type": "paragraph", "answer": "Our team has extensive experience in analyzing various grant programs within the Web3 space. We have conducted comprehensive research on different crypto grants programs, focusing on protocols that launch as DAOs. Our work includes detailed quantitative reviews, such as the study titled “A Retrospective Quantitative Review of Crypto Grants Programs,” which compares various grants programs based on their decision-making bodies and funding methodologies.", "hidden": true, "question": "Please detail your team's experience in analyzing grant programs, particularly within the Web3 space:", "questionId": 2}, {"type": "paragraph", "answer": "We use various methods to identify best practices and analyze the effectiveness of grant programs. This includes quantitative analysis of grant allocation data, comparative studies of decision-making processes, evaluating the impact of funded projects on the growth of specific ecosystems, gathering insights from key stakeholders involved in grant programs, and continuously monitoring and updating our analysis to reflect the latest developments in the Web3 space. While individual analyses and reviews of grant programs are common, comparative studies that analyze multiple grant programs side by side are scarce. However, we are focusing on multiple grant programs.", "hidden": true, "question": "Describe your approach to identifying best practices and analyzing program effectiveness in grant programs:", "questionId": 3}, {"type": "paragraph", "answer": "Our proposed approach to developing a maturity framework includes evaluating the current state of the grant program, including its structure, processes, and objectives. We will conduct quantitative comparisons across different programs to determine which grant programs are funding which types of projects. Once the characteristics of each grant program are identified, we will extract key elements. For instance, contributions to Uniswap might be strongly related to how well they support the Uniswap ecosystem, while for Gitcoin, a more neutral protocol might be crucial. At this stage, we will clarify the level of contribution to Uniswap and the degree of neutrality for Gitcoin. \n\nBased on the extracted elements, we will score applied projects to allocate funding. This approach aims to clarify the role of each grant program and ensure that funding is directed towards projects that align with the program's focus, thereby increasing efficiency. We envision creating a database to facilitate this analysis.\n\nAdditionally, we will provide recommendations for improvement and continuously track progress. We also foresee the possibility of operating a grant program that funds projects deemed subjectively important but not widely supported, ensuring that essential projects receive necessary funding.", "hidden": true, "question": "How would you develop a maturity framework for assessing grant programs? Please provide an outline of your proposed approach:", "questionId": 4}, {"type": "paragraph", "answer": "To investigate and propose relevant impact metrics, we will collect and analyze data on grant recipients’ performance and project outcomes, compare various grants recipients' amount, and find the difference and characteristics of each grants program, or what value each grants program focuses on, conduct surveys and interviews with any grants recipients and stakeholders, develop a comprehensive database of grants programs to facilitate easier and more efficient analysis(evaluating impact, measuring outcomes, difference-in-differences, and more) by researchers and stakeholders in the future, and then use the insights from our research to inform and potentially implement our own grants program, serving as a practical demonstration of our findings and recommendations.", "hidden": true, "question": "What methods would you use to investigate and propose relevant impact metrics for grant programs?", "questionId": 5}, {"type": "paragraph", "answer": "Months 1-3:\nExpand the scope of research to include additional grants programs and DAOs.\nConduct initial data collection and analysis.\nMonths 3-6:\nPerform deeper analysis to uncover patterns and insights.\nPublish a detailed report summarizing findings and providing actionable recommendations.\nMonths 6+:\nDevelop a comprehensive database of grants programs.\nUse research insights to inform and potentially implement our own grants program.\nContinuous monitoring and evaluation to refine the maturity framework and impact metrics.", "hidden": true, "question": "Provide a breakdown of your project timeline, including major milestones and deliverables:", "questionId": 6}, {"type": "paragraph", "answer": "Shinya Mori - Lead Researcher\n- Leads the research, primarily responsible for data collection and analysis, setting research themes, dissemination, and external communication.\n\nNaoki Akazawa - Technical Lead\n- Acts as the technical lead, providing technical support for the research, conducting detailed analyses, and offering advice for in-depth analysis.\n\nShu Tanaka - Research Assistant\n- Supports Shinya and Naoki in their roles, assists with external communication and technical support.\n\nOthers - External Experts\n- While not part of the core team, various experts provide support and reviews for the research.\n\nThis team works collaboratively to deliver high-quality research and analysis.", "hidden": true, "question": "Describe your team composition and the relevant qualifications of key team members:", "questionId": 7}, {"type": "paragraph", "answer": "We are already conducting research based on the data published by Gitcoin, Optimism (Governance Fund and Retro Funding), dYdX, and Uniswap (Uniswap Grants Program and Uniswap Foundation) and have released our analysis results in a report. As we expand the scope of our research, we will add new published data and communicate with program managers to include unpublished data. Currently, we are preparing to additionally investigate the data from clr.fund, ENS, Polygon, and Arbitrum. We have already explained our research plan and we will be supported individuals contributing to the grant programs and governance of ENS, Polygon, and Arbitrum.", "hidden": true, "question": "How will you ensure that your research covers a diverse range of grant programs (at least 5) from different blockchain ecosystems and of varying sizes and maturity levels?", "questionId": 8}, {"type": "paragraph", "answer": "A Retrospective Quantitative Review of Crypto Grants Programs: This study highlighted the differences among various grants programs, focusing on decision-making bodies and funding impact.\n\nhttps://research.fracton.ventures/reports/a-retrospective-quantitative-review-of-crypto-grants-programs/", "hidden": true, "question": "Please provide examples of previous work or projects that demonstrate your expertise in grant program analysis and evaluation:", "questionId": 9}, {"type": "paragraph", "answer": "Lead Researcher: 6.5KARB\nLead Researcher will lead the project, managing data collection, conducting comprehensive analysis, setting research themes, and overseeing external communications.\n\nData Analyst: 6.5KARB\nData Analyst will provide technical expertise, support the research with advanced analytical techniques, and offer guidance on detailed analysis methodologies.\n\nResearch Assistant: 1.5K ARB\nResearch Assistant will assist Shinya and Naoki by supporting their roles, facilitating external communications, and providing additional technical support where needed.\n\nOther Operation: 1.5K ARB\nThis includes costs for data collection tools, blockchain analytics software, and expenses related to the publication and dissemination of research findings.\n\nTotal: 16K ARB\n\nResearch Term\nThe estimated project duration is between 3 to 6 months, allowing for thorough research, analysis, and reporting within this timeframe.", "hidden": true, "question": "Please provide a detailed budget breakdown for the requested ARB allocation:", "questionId": 10}, {"type": "paragraph", "answer": "In publishing our latest report, we have received cooperation and support from multiple experts(Carl Cervone from Open Source Observer, Jonas from Optimism Foundation, and more), and I have presented the progress of my research at Funding the Commons.\n\nhttps://research.fracton.ventures/reports/recap-of-2023-fracton-ventures-research/\n\nWe have contributed to the development of a platform that enables the implementation of quadratic funding (QF) using Japanese yen within Dig DAO, which originated from Japan's Digital Agency. This effort has supported the operation of grant programs.\n\nOne of our members, Naoki Akazawa, is an expert who studied impact evaluation at the university.", "hidden": true, "question": "Is there anything else you'd like to share about your project approach, team expertise, or other relevant experience that may help determine your eligibility for this grant?", "questionId": 11}], "project": {"id": "0xfcb0fd086356d27f72dae1abc9cd4821c41877f9ca9b1934d5e89d6577f6c505", "title": "Fracton Ventures Research", "logoImg": "bafkreic5eipukazppzhbsqbz626qahsbbdvj3dswj6eby5qgclaho3hj4a", "metaPtr": {"pointer": "bafkreid7xnks5tdmzx2ltsdr3iaadyp7xvudxua7wem2jsigzzh63t7lvm", "protocol": "undefined"}, "website": "https://research.fracton.ventures/", "bannerImg": "bafkreidgx7ii2mftgr7gblywpt7sxdfutjhssr5pi5ubt4apegoeo4gehy", "createdAt": 1699408951612, "userGithub": "SHiNYA-MORi", "credentials": {"twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..YZ1wGiVSPGlxuWYFP43NCgk4T9hz3B4ipyGCLTa3M1Nym45UjiG6qfHAwLOFO0XCG8hN6xTI-wwq9JtHb_uCDg", "type": "Ed25519Signature2018", "created": "2023-11-08T02:02:12.180Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2023-11-08T02:02:12.180Z", "expirationDate": "2024-02-06T02:02:12.180Z", "credentialSubject": {"id": "did:pkh:eip155:1:0xF5CA53792C47e3a0792380292D15c894097015fF", "hash": "v0.0.0:uuhskVFLC4aVO0MFS6hBN8wGj9R9XKmSRGUzEPCxW8E=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#fractonresearch"}}}, "description": "Fracton Ventures Research is a R&D institution for a positive sum world through exploring inclusive coordination design. Our focus is to solve coordination problems and public goods problems such as free-rider problem and tragedy of the commons, and to create positive externalities through coordination mechanisms based on blockchain: regenerative funding mechanism, collective decision making, and other protocol design. Also, we will collaborate with profit/non-profit organizations, academic institutions, and government, so we will achieve them by getting experience and knowledge from practical fieldworks.", "lastUpdated": 0, "projectGithub": "fracton-ventures", "projectTwitter": "fractonresearch"}, "recipient": "0x411f9a3cf8B761c0b29A7c18f0ca228C8E79BEB3"}}