cofound3r

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antonios
Project Owner

cofound3r

Funding Requested

$94,000 USD

Expert Review
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Overview

A Decentralized Maturity Evaluation and Go-to-Market Framework for SingularityNET projects. This service assesses the readiness and maturity stage of each project asking for funding or having completed a grant in SingularityNET’s DeepFunding. The assessment enables streamlining access to SingularityNET resources (builders,funding, marketing, etc.), thus enhancing overall ecosystem efficiency and growth.

Proposal Description

Company Name (if applicable)

cofound3r

How our project will contribute to the growth of the decentralized AI platform

Our robust framework for assessing SingularityNET-funded projects boosts teams in launching and scaling their innovations. Seamlessly integrating with SingularityNET's ethos, it enhances efficiency and transparency, accelerating the commercial viability of AI solutions. Adaptable to initiatives that blend financial and operational support, it fosters strong community involvement, promoting decentralized AI's beneficial impact and driving innovation across various sectors

The core problem we are aiming to solve

With 74% of funded ventures failing across regions, technologies, and territories, SingularityNET projects, like most web3 initiatives focused on technological creation, often struggle to establish and implement commercially viable business models. This gap between cutting-edge tech and market application leads to challenges in assessing market readiness and effectively positioning their innovations. Consequently, inefficiencies arise, restricting return on investment and preventing the ecosystem from fully capitalizing on groundbreaking technologies.

Addressing these barriers demands more than just funding. Robust operational guidance is crucial to ensure that SingularityNET projects not only launch successfully but also sustain and scale their impact, thus maximizing the ecosystem's growth and commercial potential. The primary challenge lies in delivering this operational support in a cost- and time-efficient manner, enabling builders and solutions to evolve into viable ventures.

Our specific solution to this problem

Our solution includes three phases: 

Understand: Capturing Project Reality 

The focus is to capture the project's current reality comprehensively. This involves a detailed analysis across all essential aspects such as business readiness, team capabilities, tech, innovation, and financial stability. We ensure that this evaluation is transparent and tamper-proof, providing an unbiased view of project's maturity and alignment with SingularityNET's overarching goals.

Guide: Continuous Advancement

The Guide phase enables each project to set precise goals based on their position and potential. This stage, enables projects to measure their progress and reassess their strategies in real-time. The structured guidance ensures that each project steadily advances towards achieving commercial viability and value capturing for both themselves and the entire SingularityNET ecosystem.

Support: Targeted Assistance for Mutual Value Creation

The final phase is dedicated to providing targeted assistance in a cost and time efficient manner. This includes the implementation of a dynamic Go-to-Market Action Plan, which encompasses market and pricing strategies tailored to each project's specific needs and market conditions. Additionally, we foster the connection with other AI solutions and services within the SingularityNET platform, promoting a collaborative and integrated community approach.

Project details

By integrating the flow analysed above —Understand, Guide, and Support—, we create a seamless pathway for projects from their inception to market launch. This structured process not only enhances the transparency and efficiency of the ecosystem but also maximizes the commercial success and impact of AI solutions developed within SingularityNET. Furthermore, it strengthens community involvement and collaboration, ensuring that the decentralized AI developed is not only innovative but also beneficial and aligned with global technological advancement trends.

Key Features

  • Decentralized Assessment of Application Maturity: Our service will utilize blockchain technology to transparently evaluate each SingularityNET-funded project across multiple dimensions, including business readiness, team expertise, alignment with SingularityNET principles, AI relevance, financial stability, and technological sophistication.

  • Market Strategy Development: This service will asynchronously guide each team in identifying optimal customer segments and crafting actionable go-to-market strategies, facilitating a structured pathway from lead generation to customer retention and referral.

  • Pricing Strategy Engine: Dynamically suggests pricing strategies that adapt to market focus and go-to-market action plans, ensuring that AI developers maximize their returns on investment.

  • Integration and Utilization within the SingularityNET Ecosystem: Our service will encourage collaboration and the use of other AI services within the ecosystem, promoting an integrated community approach.

 

By providing a robust framework for assessing SingularityNET-funded projects' maturity and market readiness, we empower teams to effectively launch and scale their innovations. This structured approach integrates seamlessly with the ethos of SingularityNET, facilitating greater efficiency and transparency within the ecosystem and accelerating the commercial viability and adoption of AI solutions. Furthermore, the adaptability of this framework allows SingularityNET to extend its application beyond DeepFunding grants to any initiative that combines financial with operational support, enhancing the coherence and impact of these efforts.

Additionally, our solution fosters strong community involvement and collaboration. By enabling a more accessible and actionable pathway for AI development, we support the overarching mission of creating beneficial, decentralized AI. This commitment helps propel the entire platform toward achieving significant impact in the AI landscape, contributing to a future where decentralized AI plays a central role in driving innovation and value creation across various sectors.

 

The competition and our USPs

Yes

Describe how your solution distinguishes itself from other solutions (if exist) and how it will succeed in the market.

Our research shows that most ecosystem builders and web3 investors require scalable, transparent ways to provide tangible value to their portfolio. Both web3 and non-web3 organizations face similar challenges: lacking focus, time, resources, infrastructure, or expertise needed for designing and delivering effective operational support.

As a result, most organizations either have no structured way of offering operational support or attempt to build internal solutions that are not scalable or able to evolve. This gap in resources, experience, and focus results in solutions that are either non-existent or managed unstructuredly.

Our solution distinguishes itself by addressing these exact challenges. By empowering ecosystems like SingularityNET and establishing the necessary infrastructure, we're enabling them to capture and deliver value both for themselves and their builders, solidifying our path to market growth and lasting success.

 

Our team

Our core team includes Antonios Argiros - https://www.linkedin.com/in/antonisargyros/ , a venture builder with 23 years of experience creating and enabling ventures, and Georgios Nikolaou https://www.linkedin.com/in/georgios-nikolaou-a58322180/  a tech lead who has developed solutions for decentralized angel syndicates and expertly coordinates all external resources. 

Our progress to date has been significantly enhanced by the active support and guidance of RnDAO for which we are truly grateful.

View Team

What we still need besides budget?

No

Existing resources we will leverage for this project

No

Open Source Licensing

mit

Describe license details and, if applicable, list any components that are not subject to this license.

Key Terms:

  • Permission is granted for anyone to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the software.
  • No restriction is placed on the use of the software in private or commercial projects.
  • Must include license: The original copyright notice and license text must be included in all copies or substantial portions of the software.
  • "As is" warranty: The software is provided "as is", without any warranty of any kind, express or implied. The authors or copyright holders are not liable for any claims, damages, or other liabilities.

Benefits:

  • Simplicity and clarity: The license is straightforward and easy to understand, encouraging adoption and contribution.
  • Wide compatibility: Compatible with many other licenses, making it easy to integrate with other open-source projects.
  • Encourages innovation: Its permissiveness encourages developers to use, modify, and distribute the software freely.

Links and references

Website: https://www.cofound3r.com/ 

Short deck: https://docsend.com/view/hib5mgcirj678gkh 

AI services (New or Existing)

Assessment of Maturity

Type

New AI service

Purpose

Transparently evaluate each SingularityNET-funded project across multiple dimensions including business readiness team expertise alignment with SingularityNET principles AI relevance financial stability and technological sophistication.

AI inputs

User input on the predefinied categories

AI outputs

Decentralized Assessment of Application Maturity

Market Strategy

Type

New AI service

Purpose

Asynchronously guide each team in identifying optimal customer segments and crafting actionable go-to-market strategies facilitating a structured pathway from lead generation to customer retention and referral

AI inputs

User input on the predefinied categories

AI outputs

Market Strategy Plan

Pricing Strategy

Type

New AI service

Purpose

Dynamically suggests pricing strategies that adapt to market focus and go-to-market action plans ensuring that AI developers maximize their returns on investment.

AI inputs

User input on the predefinied categories

AI outputs

Pricing Strategy

Proposal Video

Placeholder for Spotlight Day Pitch-presentations. Video's will be added by the DF team when available.

  • Total Milestones

    6

  • Total Budget

    $94,000 USD

  • Last Updated

    14 May 2024

Milestone 1 - API Calls & Hostings

Description

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.

Deliverables

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.

Budget

$23,500 USD

Milestone 2 - Development of Assessment Framework

Description

This milestone focuses on designing and implementing the foundational assessment framework for evaluating SingularityNET-funded projects. The outcome is a beta version of the framework supported by code repositories and initial documentation enabling transparent and structured evaluations.

Deliverables

Deliverables: Design and implementation of the foundational assessment framework. Outputs: Beta version of the framework. Documentation: Code repositories and initial framework documentation. Time: 10 weeks

Budget

$21,000 USD

Milestone 3 - Integration and Community Testing

Description

In this milestone the framework will be integrated with SingularityNET followed by initial community testing to collect feedback and usage data. This will help refine the framework based on real-world scenarios with test reports and feedback documentation being essential outputs.

Deliverables

Deliverables: Integration of the framework with SingularityNET and initiation of community testing. Outputs: Feedback from integration and initial usage data. Documentation: Test reports and feedback documentation. Time: 6 weeks

Budget

$7,000 USD

Milestone 4 - Market Strategy Development

Description

This stage involves building tool for analyzing the market and formulating effective strategies. The deliverables include a toolkit that helps projects define customer segments and create a clear go-to-market plan accompanied by comprehensive guides for easy adoption.

Deliverables

Deliverables: Development of tools for market analysis and strategy formulation. Outputs: Toolkit components for market strategy. Documentation: Toolkits and usage guides. Time: 6 weeks

Budget

$21,000 USD

Milestone 5 - Pricing Strategy Development

Description

This milestone develops tools that align pricing strategies with market focus and go-to-market plans. It will provide toolkit components and usage guides to help builders dynamically adjust pricing to optimize their return on investment.

Deliverables

Deliverables: Development of pricing strategy tools that adapt to market focus and go-to-market action plans. Outputs: Toolkit components for pricing strategy. Documentation: Toolkits and usage guides. Time: 6 weeks

Budget

$13,500 USD

Milestone 6 - Finalization and Launch

Description

The final milestone incorporates adjustments based on collected feedback ensuring the service is fully functional and integrated. The final deliverables will include launch-ready product documentation a fully refined framework and comprehensive launch materials to guide its adoption.

Deliverables

Deliverables: Final adjustments based on feedback and the official launch. Outputs: Fully functional and integrated service. Documentation: Final product documentation and launch materials. Time: 6 weeks

Budget

$8,000 USD

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Reviews & Rating

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3 ratings
  • 0
    user-icon
    Max1524
    May 18, 2024 | 12:20 PM

    Overall

    3

    • Feasibility 3
    • Viability 3
    • Desirabilty 3
    • Usefulness 4
    Soon reveal the identities of 2 members

    The proposal includes a decentralized maturity assessment and go-to-market framework for SNET projects. At the same time, state what the contribution is like.
    I appreciate the way the problem is posed, then the way to solve the problem through specific solutions.
    But most of all, I need to see transparency from the team. Currently, there is only temporary information about 2 members, but their biographies and real photos are unknown. I sincerely advise the team to be more transparent so that the community has more trust.

    user-icon
    antonios
    May 20, 2024 | 9:32 AM
    Project Owner

    Thank you very much for your review and the insightful feedback on our proposal for a decentralized maturity assessment and go-to-market framework for SingularityNET projects. We are thrilled to hear that our approach to addressing the outlined problems through specific solutions resonated well with you.

    Regarding your comments about our team's transparency, we were genuinely surprised. We have made a concerted effort to ensure our information, including our track records and LinkedIn links, is visible within our application—not only for our core team but also for RnDAO, our supporter and a well-respected venture studio in the ecosystem. We understand the importance of transparency and trust within the community and for that all of the above links have been part of our proposal already.

    We have also identified early on that there are challenges with updating our personal information through the platform. We have communicated this issue to the SingularityNET team multiple times through various channels, including direct messages, the Discord channel https://discord.com/channels/909843832491896832/1149336137014452334/1240933084078014525 , and the Telegram group.

    We appreciate your input and are actively working to enhance the visibility and accessibility of our team's proposal. Thank you once again for your positive feedback on the core elements of our proposal. We hope you will have the opportunity to learn more about our team and reconsider your review, as we remain committed to fostering a transparent and trustworthy environment.

  • 0
    user-icon
    mivh1892
    May 14, 2024 | 9:38 AM

    Overall

    4

    • Feasibility 4
    • Viability 3
    • Desirabilty 3
    • Usefulness 4
    AI Foundry

    The project proposes a promising evaluation and market approach framework for SingularityNET projects. The project has the potential to solve a critical problem, promote AI innovation, and benefit the community. However, more real-world evidence is needed on the effectiveness of the evaluation framework and its potential for widespread adoption.

    Feasibility:

    Strengths:

     Identification of a core problem: High failure rate of funded projects. Comprehensive solution: Three-stage evaluation framework including Understand, Guide, and Support.

     Appropriate market approach: Personalized, pricing and ecosystem integration market approach.

    Weaknesses:

    Need for real-world evidence: No information on successful implementation of the evaluation framework. 

    Sustainability:

    Strengths:

    Scalable solution: The evaluation framework can be applied to projects beyond SingularityNET. Sustainable business model: Charging fees from participating projects.

    Weaknesses:

    Technology change risk: The evaluation framework needs to be updated as technology evolves. Desirability:

    Strengths:

     Addresses a critical issue: The high failure rate of startups can harm the SingularityNET ecosystem.

    Positive impact: A successful evaluation framework can lead to more successful startups and a stronger SingularityNET ecosystem.

    Weaknesses:

    Unclear impact level: It is difficult to predict the actual impact of the project.

    Utility:

    Strengths:

    Provides value to SingularityNET projects: The evaluation framework can help startups improve their chances of success. 

    Improves SingularityNET\\\'s efficiency: Better project evaluation and support can lead to more efficient resource use.

    Promotes AI innovation: Supporting AI startups can lead to new breakthroughs.

    Weaknesses:

    Applicable to projects beyond SingularityNET: Benefits may be limited if adoption is restricted.

    user-icon
    antonios
    May 14, 2024 | 11:08 AM
    Project Owner

    Thank you for your positive and detailed review. We appreciate your feedback, which has already helped us adjust our proposal to better communicate our approach.

    We acknowledge the need for real-world evidence to validate our framework's effectiveness. Our team is a strong argument for this evidence:

    • Myself: An experienced venture builder who has supported Fortune 50 corporations, multinational organizations, and Research and Innovation institutions in setting up similar infrastructures.

    • George, our tech lead who has successfully developed web3 products, including a decentralized angel syndicate.

    • RnDAO: Our partner and supporter, who is providing guidance as an experienced web3 venture studio.

    The process we have in place further strengthens our confidence. As describeb in the proposal, we will launch a pilot program with a select group of projects to gather data, refine our approach based on feedback, and demonstrate the framework's practical benefits. 

    We are committed to keeping our framework updated as technology evolves. Continuous monitoring and adaptation will ensure the framework remains relevant and effective in addressing the latest technological advancements.

    The high failure rate of startups is a critical issue our framework aims to address, ultimately strengthening the SingularityNET ecosystem. While we don't claim to eliminate the widely shared statistics (e.g., 9 out of 10 startups fail, 74% of funding ventures fail, etc), we believe a structured and well-documented approach tailored to SingularityNET can significantly increase the chances of success.

    Predicting the exact impact level can be challenging, but our pilot program will provide valuable insights and metrics. These data points will enable us to make data-driven improvements and better forecast the framework's long-term impact. Our evaluation framework provides significant value to SingularityNET projects by enhancing their chances of success, thereby improving the efficiency of SingularityNET through optimized resource allocation and support. Additionally, by fostering AI innovation, we contribute to new breakthroughs that benefit the entire ecosystem.

    While our framework primarily benefits SingularityNET projects, its scalability allows for application in other ecosystems. This broader applicability enhances its overall utility and impact.

    In conclusion, our team is committed to addressing the challenges and leveraging the strengths highlighted in your review. By focusing on real-world validation through a pilot program, maintaining a sustainable and adaptive framework, and driving AI innovation, we aim to support project success and ecosystem growth. 

    Thank you once again for your valuable feedback and consideration.

  • 0
    user-icon
    Joseph Gastoni
    May 14, 2024 | 7:21 AM

    Overall

    4

    • Feasibility 4
    • Viability 3
    • Desirabilty 3
    • Usefulness 4
    A Decentralized Maturity Evaluation Framework

    A Decentralized Maturity Evaluation Framework has potential to improve SingularityNET's project selection and support. Careful planning and execution are required to ensure a secure and user-friendly system, effective communication with projects, and ongoing evaluation of the framework's impact.

    This project proposes a framework to assess the market readiness and guide the go-to-market strategy of SingularityNET-funded projects. Here's a breakdown of its strengths and weaknesses:

    Feasibility:

    • High: The project leverages blockchain technology for transparent evaluation and utilizes existing frameworks for go-to-market strategies.
    • Strengths: The concept builds upon established practices and can potentially integrate with existing SingularityNET infrastructure.
    • Weaknesses: Developing a secure and user-friendly blockchain-based evaluation system requires technical expertise.

    Viability:

    • Moderate: Success depends on SingularityNET adoption, project buy-in, and demonstrating the framework's effectiveness.
    • Strengths: The service addresses a clear need for project evaluation and guidance within SingularityNET.
    • Weaknesses: Convincing projects to participate and potentially revealing sensitive information during evaluation could be challenging.

    Desirability:

    • Moderate: A framework for project evaluation and go-to-market guidance can be desirable for SingularityNET and its funded projects.
    • Strengths: The focus on transparency, efficiency, and commercial viability can be attractive to both parties.
    • Weaknesses: The effectiveness of the framework and its long-term value proposition need to be established.

    Usefulness:

    • Moderate: The framework has the potential to improve project selection, success rates, and overall ecosystem growth.
    • Strengths: Streamlining project evaluation and offering go-to-market guidance can benefit SingularityNET and its projects.
    • Weaknesses: The actual impact of the framework on project success and ecosystem growth needs to be evaluated.

    Besides, the project should consider:

    • A clear communication strategy explaining the evaluation process and data security measures is crucial for project buy-in.
    • Developing a pilot program with a small group of projects can help refine the framework and demonstrate its value.
    • Establishing clear metrics to measure the impact of the framework on project success and ecosystem growth is important.

    Here are some strengths of this project:

    • Addresses a clear need for project evaluation and go-to-market guidance within SingularityNET.
    • Leverages blockchain technology for transparency and potentially existing SingularityNET infrastructure.
    • Offers potential benefits for SingularityNET (better project selection) and funded projects (improved success rates).

    Here are some challenges to address:

    • Convincing projects to participate in the evaluation process, potentially revealing sensitive information.
    • Developing a secure and user-friendly blockchain-based evaluation system.
    • Demonstrating the effectiveness of the framework in improving project success rates and overall ecosystem growth.

    By focusing on clear communication, data security, a pilot program, and ongoing evaluation, this Decentralized Maturity Evaluation Framework can become a valuable tool for SingularityNET and its projects.

     

    user-icon
    antonios
    May 14, 2024 | 8:37 AM
    Project Owner

    Thank you, Joseph, for your insightful review of our proposal. We truly appreciate the detailed feedback and productive suggestions.

     

    Our proposal aims to enhance SingularityNET's project selection and support through a decentralized maturity evaluation and go-to-market framework. This framework is designed to be dynamic and customizable, aligning with the needs of each grant and funding mechanism to meet SingularityNET's strategic objectives. We believe that a static framework lacks the agility and adaptability required by a dynamic ecosystem like SingularityNET.

     

    We understand the importance of SingularityNET adoption and project buy-in for the success of our framework. We agree 100% that this is a crucial factor in determining the initiative's success or failure. To facilitate adoption, we will implement an engagement strategy that includes clear communication about the selection criteria and the benefits of participating in our evaluation process. By providing transparency and detailed documentation, we aim to foster trust and encourage participation from projects.

     

    Additionally, we offer incentives such as prioritized access to resources, mentorship, and potential funding opportunities to further motivate engagement. This is why we also propose a revenue-sharing model that will involve all relevant stakeholders.

     

    Addressing the concern about potentially revealing sensitive information, we fully understand the sensitivity of this issue. We have spend many hours finetuning our approach since as entrepreneurs, we recognize the importance of protecting confidential information shared publicly or with potential partners and investors. Therefore, our framework is designed to capture only essential data without compromising confidentiality. For example, projects will be required to share the number of customers they have, not their identities or revenue details. This approach ensures that only necessary information is collected, making the evaluation process secure and trustworthy.

     

    Furthermore, all data points and questions will be pre-approved by the SingularityNET ecosystem, ensuring that no unnecessary sensitive information is requested. Also keep in mind that by properly processing these approved data points, we aim to improve the efficiency and success rates of the entire framework over time.

     

    To demonstrate the effectiveness of our framework and establish its long-term value proposition, we will launch a pilot program with a small group of projects. This pilot phase will allow us to refine the framework based on real-world feedback and showcase its benefits. We believe that the more our framework is used, the smarter and more effective it will become. Continuous learning and adaptation will enable our framework to provide increasing value over time, ultimately contributing to higher project success rates and overall ecosystem growth.

     

    We recognize the need to measure the impact of our framework on project success and ecosystem growth. To this end, we establish clear metrics to track key performance indicators such as project launch rates, time to market, and commercial viability. Regular assessments and feedback loops will enable us to make data-driven improvements, ensuring that our framework remains effective and relevant.

     

    Your point about a clear communication strategy is also spot on. In milestone #6, we will include comprehensive materials explaining the evaluation process, benefits, and data security measures. Interactive engagement through webinars, workshops, and dedicated support channels will address any concerns and facilitate smoother participation. By fostering an open and transparent dialogue with stakeholders, we aim to build a strong foundation of trust and collaboration.

     

    In conclusion, we are committed to addressing the challenges and enhancing the strengths of our Decentralized Maturity Evaluation Framework. By focusing on clear communication, robust data security, a pilot program, and continuous evaluation, we aim to support project success, drive ecosystem growth, and align with SingularityNET’s strategic objectives. We believe that our solution will significantly benefit the SingularityNET ecosystem by improving project selection, success rates, and overall efficiency. 

     

    Once again, we thank you for your valuable feedback and consideration.

Summary

Overall Community

3.7

from 3 reviews
  • 5
    0
  • 4
    2
  • 3
    1
  • 2
    0
  • 1
    0

Feasibility

3.7

from 3 reviews

Viability

3

from 3 reviews

Desirabilty

3

from 3 reviews

Usefulness

4

from 3 reviews