Milestone Release 1 |
$7,500 USD | Transfer Complete | 15 Aug 2024 |
Milestone Release 2 |
$10,000 USD | Transfer Complete | 30 May 2024 |
Milestone Release 3 |
$4,000 USD | Transfer Complete | 15 Aug 2024 |
Milestone Release 4 |
$8,500 USD | Transfer Complete | 15 Aug 2024 |
We have recently initiated this project with a comprehensive kick-off meeting where all team members were present. During this meeting, we thoroughly discussed the various aspects of the project and prepared all necessary tickets for the tasks that need to be accomplished. As of now, we have already begun to tackle some of these tickets.
Many people, such as impact investors, purpose-driven job seekers, and socially conscious consumers, need to differentiate between impact organizations and other organizations. However, existing platforms do not provide this distinction, which means we have to manually analyze each organization to determine if it is an impact organization. To address this, we propose building an AI system that automates this process. We will train the model using a dataset of over 24,000 existing impact organizations.
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This milestone represents the required reservation of 25% of your total requested budget for API calls or hosting costs. Because it is required we have prefilled it for you and it cannot be removed or adapted.
You can use this amount for payment of API calls on our platform. Use it to call other services or use it as a marketing instrument to have other parties try out your service. Alternatively you can use it to pay for hosting and computing costs.
$7,500 USD
This milestone involves the completion of Impact Organization Detector, a tool that uses artificial intelligence (AI) algorithms to curate a selection of impact Organizations. The AI is trained using existing data on impact organizations. When we feed organizations to the AI, it detects whether the company is an impact organization or not, it aggregates all the impact organizations, and then lists them on the Socious platform.
- **Milestone Deliverable:** Fully functional Impact Organization Detector tested and deployed. - **Deliverable Description:** Impact Organization Detector will be fully operational, trained, and tested. Users will be able to see a curated list of impact organizations on the Socious app. - **AI Training:** $6,500 - Training the AI using sample impact organizations on our database. - **Integration and Listing:** $1,500 - Integrating the aggregated impact organizations into the Socious platform and listing them appropriately. - **Testing:** $500 - Testing the entire process from organization detection/collection to listing on the platform. - **Deployment:** $500 - Deploying it to production. - **Contingency:** $1,000 - A contingency budget to cover any unforeseen expenses that may arise during the onboarding process. - **Milestone Related Budget:** $10,000
$10,000 USD
Milestone Description: This milestone involves the process of onboarding our Impact Job Matching Engine onto the SingularityNET platform. This includes all the necessary steps for integration with SingularityNET's infrastructure, from setting up the hosting environment, to configuring API calls, and interacting with the SNET internal team to ensure successful integration.
- **Deliverable Description:** The Impact Organization Detector is successfully integrated and functioning on the SingularityNET platform. All necessary interactions with the SNET internal team have been completed, and the service is live and operational. - **Integration:** $2,000 - All the activities involved in integrating the service with the SingularityNET platform, including configuring the hosting environment, setting up API calls, and ensuring compatibility with the platform. - **Interactions with SNET Internal Team:** $1,000 - Costs associated with interactions with the SingularityNET internal team for integration and onboarding. - **Contingency:** $1,000 - A contingency budget to cover any unforeseen expenses that may arise during the onboarding process. - **Milestone Related Budget:** $4,000
$4,000 USD
Milestone Description: This phase will focus on promoting the service. Marketing campaigns will be launched, and efforts will be made to build partnerships. Continuous improvement will be sought through a user feedback loop.
- **Milestone Deliverable:** Launched marketing campaigns, established partnerships, and implemented user feedback loop. - **Deliverable Description:** Marketing campaigns will be successfully launched, partnerships will be established, and a user feedback loop will be implemented for continuous improvement. - **Marketing Campaigns:** $4,500 - Costs associated with launching marketing campaigns to promote the service. - **Partnership Building:** $3000 - Costs associated with efforts to build partnerships. - **Contingency:** $1,000 - A contingency budget to cover any unforeseen expenses that may arise during the process - **Milestone Related Budget:** $8,500
$8,500 USD
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HenriqC
Feb 10, 2024 | 3:22 PMEdit Comment
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Impactful project indeed! Good questions and good answers in the discussion. Thanks! Here is one more question: How do you think it might be possible to incorporate and leverage the user feedback for improving the accuracy of the model? I guess many users will be relatively motivated, know what they are looking for and would happily share their insights.
seirayun
Project Owner Feb 11, 2024 | 4:15 PMEdit Comment
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Thank you for this excellent question! Yes, user feedback is crucial for enhancing the accuracy of the model. We have plans to enable users to easily report organizations that they believe are not actually impact organizations. This feedback will greatly assist us in improving the model.
XyrisKenn
Feb 7, 2024 | 12:58 AMEdit Comment
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Hello Seirayun, fascinating proposal! I've always been drawn to impact organizations and have volunteered at non-profits. It is a laborious task to find them, and they don't always have available budget to market themselves. Bravo, excellent idea.
seirayun
Project Owner Feb 9, 2024 | 11:41 PMEdit Comment
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Thank you for your kind words! Yes, I agree. I've also searched for impact organizations to volunteer for and it's so difficult to find them!
Ubio Obu
Feb 6, 2024 | 11:35 AMEdit Comment
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First I must say this is a very good proposal, it's important to know impact-based organizations and their values so one can decide if to work with them or not. I want to know the scope of this project, is it simply a classification project on ML, that simply decides if a project is impact-based or not, will it state the impact focus of the project if it is an impact-based organization? Does it give an impact score? How will it detect organisations who claim to be impact based maybe in their website but not in reality
seirayun
Project Owner Feb 9, 2024 | 11:59 PMEdit Comment
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Hi Ubio, thank you for your great questions! Re. “I want to know the scope of this project, is it simply a classification project on ML, that simply decides if a project is impact-based or not, will it state the impact focus of the project if it is an impact-based organization? Does it give an impact score?” For this specific project, our goal is to determine whether the organization is an impact organization or not. In future iterations, we will also aim to identify the specific social causes they are focusing on. Regarding the impact score, it is based on verified impact and cannot be automated. This approach is taken to prevent greenwashing or impact washing. Re. “How will it detect organisations who claim to be impact based maybe in their website but not in reality”. This is a valid point. In the training data, we have excluded such cases and only included genuinely impactful organizations that were manually assessed. We believe that by using the appropriate training data, we can identify and detect such cases.
Jan Horlings
Feb 1, 2024 | 4:48 PMEdit Comment
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Hi Seira, Nice initiative and I love the fact that you have a milestone for marketing! One question: what data would I have to feed this service, in order to test whether a specific organization is aligned with the 'impact' values? Speaking of which, what criteria determine whether an organization is aligned? Is this binary or more of a grayscale?
seirayun
Project Owner Feb 2, 2024 | 5:18 AMEdit Comment
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Hi Jan, thank you for your great question! In order to feed this service, we require a description of the organization. We have evaluated each company's descriptions manually and classified them as impact or non-impact based on whether the company's primary mission is to advance one of the 17 UN Sustainable Development Goals. For instance, the description below is The Grameen Bank’s: “The Grameen Bank project started in 1976 as an action research pilot project in "Jobra" village in Chattogram district of Bangladesh. In 1983, the pilot project was transformed into a bank with the aim of alleviating poverty and empowering the marginalized poor in Bangladesh through micro-credit. The unique feature of Grameen Bank is that no collateral is required to get the credit from the bank. Unlike mainstream commercial banks that bring their clients to their shiny branch premises where the poor are afraid to be trampled, Grameen Bank carries its services to the comfort zone of its clients’ doorsteps. It has inspired the women and the weaker section of the communities to join the Grameen fraternity. All banking transactions except loan disbursement are done in the meetings of the borrowers at the village level centers organized by the center managers. Grameen Bank's strong presence in remote areas of the country bears witness to this fact. Grameen Bank has always made it a priority to empower women and involve them in economic activities. As a result, Grameen Bank can proudly say that 98% of its borrowers are women. More than two-thirds of these women have moved on to better lives through poverty alleviation. Grameen Bank now operates in 40 Zonal offices, 40 Zonal Audit offices, 240 Area Offices, and 2568 Branch offices and the number of employees as of December 2023 stood at 21,843. Grameen Bank is currently present in 81678 (94%) villages in the country and provides services to nearly 45 million people (including family members) through 10.46 million borrower members. Grameen Bank's microcredit program is being implemented as a successful model in alleviating poverty in many countries of the world. Grameen Bank was awarded the Nobel Peace Prize in 2006 in appreciation of its efforts to create economic and social development from the bottom of the society through microcredit. Grameen Bank is working not just to alleviate the poverty of its borrower members, but also to ensure that their future generations are not left behind. It offers education loans, new entrepreneurship loans, and scholarships to borrower members' children. Grameen Bank's most humanitarian and exceptional program is the Struggle (Beggar) Members Program. Grameen Bank offers interest-free loans to help beggars build financial capacity so that they don't have to beg anymore. Already 21,383 members have given up begging and become self-sufficient. Up to December 2023, the cumulative amount of loan disbursement by Grameen Bank, since inception, stood at US$ 37,785.09 million (BDT 3,007,889.32 million) to 10.46 million borrower members, 97% of whom are female members. Following an exceptional banking practice, Grameen Bank has ensured a lucrative recovery rate of 96.68% (as of December 2023) which is comparatively higher than any other banking systems. As of December 2023, the outstanding loans of the bank are US$ 1,474.85 million (BDT 162,454.28 million) and the balance of the deposit is US$ 2249.83 million (BDT 247,819.31 million). The success indicators of Grameen Bank are now much higher than that of at any other time in the past due to the charismatic and dynamic leadership of its present Board of Directors and Management Team. Grameen Bank has been actively contributing to the development of Bangladesh.” We classify it as an impact organization. We have a dataset of 24,000 examples, which will be used as training data for AI. The AI will analyze descriptions and determine their similarity to the training data. It will provide a percentage indicating the level of similarity. We define a specific range of percentages that we consider indicative of impact.
Jan Horlings
Feb 2, 2024 | 12:08 PMEdit Comment
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Nice. The 17 UN Sustainable Development Goals are a very good baseline indeed. It does require the organization to have a full, reliable and available description in the first place. Is this a common thing? Where would you usually find this? Could the AI for instance derive conclusions from the last 3 annual reports?
seirayun
Project Owner Feb 5, 2024 | 5:25 PMEdit Comment
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Hi Jan, thank you for your great questions! Firstly, “Could the AI for instance derive conclusions from the last 3 annual reports?” Yes, having more information will lead to better results as it improves accuracy. Secondly, re. “It does require the organization to have a full, reliable and available description in the first place. Is this a common thing? Where would you usually find this?” Our goal is to reliably predict whether an organization is an impact organization or not by analyzing a one-paragraph description of the organization. This information can be found on platforms such as Crunchbase and LinkedIn. https://www.crunchbase.com/organization/singularitynet https://www.linkedin.com/company/singularitynet/