DelegateSphere DAO is an innovative decentralized autonomous organization (DAO) designed to give delegation process participants on the Secret Network a stronger voice in the ecosystem. By offering governance tokens proportional to delegators' block reward contributions, the DelegatoSphere DAO fosters a vibrant, community-driven environment that enables stakeholders to actively participate in shaping the network's future. This approach ensures that the Secret Network stays flexible, sustainable, and driven by the collective wisdom of its community.
Problem / Solution
Problem statement:
Currently, delegators on the Secret Network do not have a direct say in decision-making processes. This often leads to limited transparency and inadequate support for community initiatives, which can slow down the growth and adoption of the Secret Network.
Solution:
DelegatoSphere DAO aims to solve these issues by creating a community-driven, self-sustaining funding mechanism that allows delegators to take part in network decisions. By receiving governance tokens proportional to their block reward contributions, delegators can have a say in how funds within the DelegatoSphere are managed. This promotes transparency, collaboration, and the natural growth of the Secret Network.
Detailed product description
DelegateSphere DAO's cutting-edge technical architecture includes the following key components:
Secret Contract for Token Distribution: A secure Secret Contract that calculates and distributes governance tokens to delegators based on their block reward contributions.
Secret Contract for Fund Management: A transparent and secure Secret Contract that manages the allocation and distribution of funds within the DelegatoSphere DAO.
Voting Mechanism: A fair voting system that allows governance token holders to propose and vote on funding decisions, ensuring that funds are used for the community's benefit.
Frontend Interface: An easy-to-use web interface that provides delegators with access to DelegatoSphere DAO, allowing them to review proposals, vote, and manage their governance tokens.
Go-to-Market plan
Our go-to-market and commercialization plan focuses on these important aspects:
Understanding the market: Identifying the unique needs and preferences of the Secret Network community to ensure that DelegatoSphere DAO addresses their specific requirements.
Community engagement: Actively interacting with the Secret Network community through forums, social media, and events to gather feedback and raise awareness of DelegatoSphere DAO.
Educational resources: Offering comprehensive educational resources, such as guides, tutorials, and workshops, to help delegators understand the benefits and features of DelegatoSphere DAO.
Strategic partnerships: Collaborating with key players within the Secret Network ecosystem to ensure seamless integration and adoption of DelegatoSphere DAO.
Continuous improvement: Regularly reviewing and refining the features and functionalities of DelegatoSphere DAO based on community feedback and evolving market needs.
Value capture for Secret Network ecosystem
DelegatoSphere DAO is dedicated to delivering significant improvements to both the product and the Secret Network ecosystem:
Decentralized Governance: Giving delegators more control over the management and allocation of funds generated through block rewards.
Transparency and Accountability: Ensuring that decisions about fund utilization are made openly and in the community's best interest.
Community-Driven Growth: Encouraging collaboration and promoting the growth of the Secret Network by supporting community-driven initiatives and projects.
Sustainability: Establishing a self-sustaining ecosystem that continuously generates funds for the DelegatoSphere DAO, ensuring long-term growth and development.
Team members
Our team is made up of highly skilled professionals who have gained experience working with top companies such as Ledger, Zerion, Casper, Storj, Paraswap, and Consensys.
Viktor V., CTO. Expert with 17+ years’ experience as CTO, Lead and Full Stack engineer, 40+ projects. Specialises in blockchain and smart contracts development.
GitHub: https://github.com/with-one-wing
Taras P., Lead frontent developer. Lead Frontend developer with experience at top crypto companies such as Blockchain and Ledger. Specialises in crypto-wallets, browser extensions and NFT development.
GitHub: https://github.com/TarasPotsikaylo
Dmytro Y., Golang Developer. Golang Developer, worked with companies such as Zion, Animoca, Amuzed and over 10+ NFT projects. Specialises in dApps and web3 products development.
GitHub: https://github.com/Dmytro-yakymuk
*the list of team members stated here is not full (the final necessary team members will be listed in the point 11-Development Roadmap) and could be changed or updated.
Team's experience
Duckdao
Decentralized VC fully built by Boosty Labs.
Storj Labs: case here: https://boostylabs.com/cases/storj
The world's largest decentralized cloud storage provider. We provided Storj with full-scope software engineering, product management, design and QA services. Delivered web development and integration/migration services. Designed, developed and launched Android/iOS apps, Object Storage management tools (aka Satellite Account), IAM using Macaroons, software for node operators, crypto/fiat payment system implementation using Stripe, etc.
Ledger
Ledger is a fast paced, growing company developing security and infrastructure solutions for cryptocurrencies as well as blockchain applications for individuals and companies, by leveraging a distinctive, proprietary technology. Boosty Labs developed all the infrastructure for https://market.ledger.com with our team. Ledger is a fast paced, growing company developing security and infrastructure solutions for cryptocurrencies as well as blockchain applications for individuals and companies, by leveraging a distinctive, proprietary technology
Consensys : case here: https://boostylabs.com/cases/consensys
ConsenSys is the leading Ethereum software company. They enable developers, enterprises, and people worldwide to build next-generation applications, launch modern financial infrastructure, and access the decentralized web. Boosty Labs was working on Codefi and provided Consensys with full-stack development and QA engineering services. Storj Labs https://www.storj.io/ The world's largest decentralized cloud storage provider. We provided Storj with full-scope software engineering, product management, design and QA services. Delivered web development and integration/migration services. Designed, developed and launched Android/iOS apps, Object Storage management tools (aka Satellite Account), IAM using Macaroons, software for node operators, crypto/fiat payment system implementation using Stripe, etc.
Mysterium
An open-source ecosystem of tools and infrastructure to liberate the web. Boosty Labs is currently working on the product - decentralized VPN which is a global, distributed network powered by everyday people. Boosty Labs provide its back-end developers, DevOps and even CTO. So, our model of work allow clients to work with developers and even with C-level like with their own employees.
Paraswap
Paraswap is the leading DeFi aggregator that unites the liquidity of decentralized exchanges and lending protocols into one comprehensive and secure interface and APIs. The mission of Paraswap is to drive DeFi participation to new heights by offering secure, intelligent and optimized trading solutions for individuals and institutional traders to tap effortlessly into the fragmented liquidity pools. Boosty Labs helped Paraswap with the smart-contract part and provided Rust developer to be engaged into the project.
We will require ~ 12 weeks to complete this project. We intend to have 4 people: Front-end Developer, Back-end Developer, Project Manager ,Smart Contract Engineer, at a total cost of $81 875.
*please note that the total cost is not final and could vary +-10%
Q1: Development and Launch of Secret Fund DAO Platform
Design and implement smart contracts for token distribution and governance
Integrate wallet providers and other relevant DeFi protocols
Launch the platform and distribute governance tokens to initial participants
Q2: Community Building and Educational Initiatives
Create educational content, guides, and tutorials
Conduct workshops, webinars, and engage with the community on social media
Develop and implement community-led governance proposals
Q3: Expanding Partnerships and Ecosystem Integrations
Establish strategic partnerships with relevant projects and organizations
Integrate with other platforms and protocols within the Secret Network ecosystem
Explore potential collaborations with cross-chain projects
Q4: Continuous Improvement and Platform Optimization
Collect user feedback, address issues, and iterate on the platform
Develop and implement additional features based on community input
Maintain a strong focus on security and performance improvements
Team Name
Boosty Labs
Project Description
DelegateSphere DAO is an innovative decentralized autonomous organization (DAO) designed to give delegation process participants on the Secret Network a stronger voice in the ecosystem. By offering governance tokens proportional to delegators' block reward contributions, the DelegatoSphere DAO fosters a vibrant, community-driven environment that enables stakeholders to actively participate in shaping the network's future. This approach ensures that the Secret Network stays flexible, sustainable, and driven by the collective wisdom of its community.
Problem / Solution
Problem statement: Currently, delegators on the Secret Network do not have a direct say in decision-making processes. This often leads to limited transparency and inadequate support for community initiatives, which can slow down the growth and adoption of the Secret Network.
Solution: DelegatoSphere DAO aims to solve these issues by creating a community-driven, self-sustaining funding mechanism that allows delegators to take part in network decisions. By receiving governance tokens proportional to their block reward contributions, delegators can have a say in how funds within the DelegatoSphere are managed. This promotes transparency, collaboration, and the natural growth of the Secret Network.
Detailed product description
DelegateSphere DAO's cutting-edge technical architecture includes the following key components:
Go-to-Market plan
Our go-to-market and commercialization plan focuses on these important aspects:
Understanding the market: Identifying the unique needs and preferences of the Secret Network community to ensure that DelegatoSphere DAO addresses their specific requirements.
Community engagement: Actively interacting with the Secret Network community through forums, social media, and events to gather feedback and raise awareness of DelegatoSphere DAO.
Educational resources: Offering comprehensive educational resources, such as guides, tutorials, and workshops, to help delegators understand the benefits and features of DelegatoSphere DAO.
Strategic partnerships: Collaborating with key players within the Secret Network ecosystem to ensure seamless integration and adoption of DelegatoSphere DAO.
Continuous improvement: Regularly reviewing and refining the features and functionalities of DelegatoSphere DAO based on community feedback and evolving market needs.
Value capture for Secret Network ecosystem
DelegatoSphere DAO is dedicated to delivering significant improvements to both the product and the Secret Network ecosystem:
Team members
Our team is made up of highly skilled professionals who have gained experience working with top companies such as Ledger, Zerion, Casper, Storj, Paraswap, and Consensys.
Viktor Ihnatiuk, technical Adviser. Co-founder of Boosty Labs, Advisor at Storj. https://www.linkedin.com/in/victor-i/
Viktor V., CTO. Expert with 17+ years’ experience as CTO, Lead and Full Stack engineer, 40+ projects. Specialises in blockchain and smart contracts development. GitHub: https://github.com/with-one-wing
Taras P., Lead frontent developer. Lead Frontend developer with experience at top crypto companies such as Blockchain and Ledger. Specialises in crypto-wallets, browser extensions and NFT development. GitHub: https://github.com/TarasPotsikaylo
Dmytro Y., Golang Developer. Golang Developer, worked with companies such as Zion, Animoca, Amuzed and over 10+ NFT projects. Specialises in dApps and web3 products development. GitHub: https://github.com/Dmytro-yakymuk *the list of team members stated here is not full (the final necessary team members will be listed in the point 11-Development Roadmap) and could be changed or updated.
Team's experience
Duckdao Decentralized VC fully built by Boosty Labs.
Storj Labs: case here: https://boostylabs.com/cases/storj The world's largest decentralized cloud storage provider. We provided Storj with full-scope software engineering, product management, design and QA services. Delivered web development and integration/migration services. Designed, developed and launched Android/iOS apps, Object Storage management tools (aka Satellite Account), IAM using Macaroons, software for node operators, crypto/fiat payment system implementation using Stripe, etc.
Ledger Ledger is a fast paced, growing company developing security and infrastructure solutions for cryptocurrencies as well as blockchain applications for individuals and companies, by leveraging a distinctive, proprietary technology. Boosty Labs developed all the infrastructure for https://market.ledger.com with our team. Ledger is a fast paced, growing company developing security and infrastructure solutions for cryptocurrencies as well as blockchain applications for individuals and companies, by leveraging a distinctive, proprietary technology Consensys : case here: https://boostylabs.com/cases/consensys ConsenSys is the leading Ethereum software company. They enable developers, enterprises, and people worldwide to build next-generation applications, launch modern financial infrastructure, and access the decentralized web. Boosty Labs was working on Codefi and provided Consensys with full-stack development and QA engineering services. Storj Labs https://www.storj.io/ The world's largest decentralized cloud storage provider. We provided Storj with full-scope software engineering, product management, design and QA services. Delivered web development and integration/migration services. Designed, developed and launched Android/iOS apps, Object Storage management tools (aka Satellite Account), IAM using Macaroons, software for node operators, crypto/fiat payment system implementation using Stripe, etc.
Mysterium An open-source ecosystem of tools and infrastructure to liberate the web. Boosty Labs is currently working on the product - decentralized VPN which is a global, distributed network powered by everyday people. Boosty Labs provide its back-end developers, DevOps and even CTO. So, our model of work allow clients to work with developers and even with C-level like with their own employees.
Paraswap Paraswap is the leading DeFi aggregator that unites the liquidity of decentralized exchanges and lending protocols into one comprehensive and secure interface and APIs. The mission of Paraswap is to drive DeFi participation to new heights by offering secure, intelligent and optimized trading solutions for individuals and institutional traders to tap effortlessly into the fragmented liquidity pools. Boosty Labs helped Paraswap with the smart-contract part and provided Rust developer to be engaged into the project.
Team Code Repos
Development Roadmap
We will require ~ 12 weeks to complete this project. We intend to have 4 people: Front-end Developer, Back-end Developer, Project Manager ,Smart Contract Engineer, at a total cost of $81 875. *please note that the total cost is not final and could vary +-10%
Q1: Development and Launch of Secret Fund DAO Platform Design and implement smart contracts for token distribution and governance Integrate wallet providers and other relevant DeFi protocols Launch the platform and distribute governance tokens to initial participants
Q2: Community Building and Educational Initiatives Create educational content, guides, and tutorials Conduct workshops, webinars, and engage with the community on social media Develop and implement community-led governance proposals
Q3: Expanding Partnerships and Ecosystem Integrations Establish strategic partnerships with relevant projects and organizations Integrate with other platforms and protocols within the Secret Network ecosystem Explore potential collaborations with cross-chain projects
Q4: Continuous Improvement and Platform Optimization Collect user feedback, address issues, and iterate on the platform Develop and implement additional features based on community input Maintain a strong focus on security and performance improvements
Example milestones
Secret Contract Development: (300 hours)
Voting Mechanism Development: (200 hours)
Frontend Interface Development: (400 hours)
Community Engagement and Education: (300 hours)
Strategic Partnerships and Collaborations: (200 hours)
Project Management and Coordination: (400 hours)
Additional Information
N/A.