🧾Proposal Template

An Overview of the Proposal Structure

1. Project Title

Provide a concise and descriptive title for your project.

2. Executive Summary

In a few sentences, summarize the purpose, objectives, and key features of the project.

3. Project Purpose and Objectives

In this section, clearly outline the main purpose and objectives of your project.

• Purpose: Explain the overall goal of the project and its relevance to eckoDAO and the Kadena network.

• Objectives: List specific objectives that the project aims to achieve.

4. Background and Context

Provide any relevant background information or context to help eckoDAO members understand the importance and potential impact of your project.

• Market analysis: Describe the target market, potential competitors, and existing solutions.

• Problem statement: Explain the problem or gap that your project aims to address.

• Unique value proposition: Highlight the unique aspects of your project and how it differentiates from existing solutions.

5. Project Scope and Timeline

Clearly describe the scope of your project and provide a detailed timeline for completion.

• Scope: Outline the main components, features, or services that your project will deliver.

• Timeline: Provide a timeline with specific milestones and expected completion dates for each phase of the project.

6. Budget Breakdown

Present a comprehensive budget breakdown for your project, including all necessary expenses and their corresponding costs.

• Development costs: Detail the costs associated with designing, building, and deploying the project, including salaries, contractor fees, software licenses, and infrastructure expenses.

• Marketing and promotion: Estimate the costs for promoting and raising awareness of your project, such as advertising, events, and community engagement initiatives.

• Maintenance and support: Include any ongoing costs for maintaining, updating, and providing support for your project.

• Contingency fund: Allocate a percentage of the budget for unforeseen expenses or issues that may arise during the project lifecycle.

7. Expected Outcomes and Benefits

Describe the anticipated outcomes and benefits of your project for eckoDAO and the Kadena network ecosystem.

• Direct outcomes: Explain the immediate results or deliverables that your project will produce, such as new products, services, or tools.

• Ecosystem benefits: Detail the broader, long-term benefits that your project may bring to eckoDAO and the Kadena network, such as increased adoption, network growth, or improved security.

8. Performance Metrics and Milestones

Outline the performance metrics and milestones that will be used to evaluate the success of your project and determine the release of funds.

• Performance metrics: Define the key performance indicators (KPIs) that will be used to measure the project's success, such as user adoption, transaction volume, or revenue generation.

• Milestones: List specific milestones or targets tied to the release of funds, such as the completion of a minimum viable product (MVP), reaching a certain number of users, or achieving a predetermined transaction volume.

9. Team and Experience

Introduce the team members responsible for executing the project and highlight their relevant skills and experience.

• Team members: Provide a brief overview of each team member, including their role, background, and relevant expertise.

• Relevant experience: Showcase any past projects, achievements, or qualifications that demonstrate the team's ability to successfully deliver the proposed project.

10. Risk Assessment and Mitigation

Identify potential risks associated with your project and outline the strategies in place to mitigate these risks.

• Risks: List any possible risks, such as technical challenges, regulatory hurdles, or market uncertainties.

• Mitigation strategies: Describe the steps that will be taken to minimize or manage these risks, such as contingency planning, expert consultation, or ongoing monitoring and evaluation.

11. Supporting Documents

Attach any relevant supporting documents or resources that can help eckoDAO members better understand your project and its potential impact.

• Technical documentation: Include any whitepapers, architecture diagrams, or detailed technical specifications for your project.

• Market research: Provide any market research, competitive analysis, or industry reports that support the need for your project and its potential success.

• Letters of support: Attach any letters of support, endorsements, or testimonials from key stakeholders, partners, or industry experts.

By following this proposal template, you will ensure that you provide all the necessary information for eckoDAO members to make an informed decision regarding the allocation of funds for your project.