Project Kelvin

Inspiration

Project Kelvin is inspired by research into how to make data driven decisions, like the work of Douglas Hubbard, Phillip Tetlock, and Robin Hanson. We believe that these tools are the perfect decision making tools for DAOs, which can lead to better outcomes than existing tools.

What it does

By combining subjective value metrics (eigenkarma) with objective metrics (monte carlo), Project Kelvin helps to identify the actual best regenerative projects and fund them using our token economic model. We use the Stanford Zero Degree projects "Time, Temperature, Capital" model to identify the best projects on a global scale, and then in a fractal way reflect their value in hyperlocal currencies.

Our token economic model is a recursive bonding curve, allowing people to buy into the broad project token, which lets them buy into individual DAO tokens, which can let them buy into individual initiatives within those DAOs.

This allows hyperlocal currencies that can reflect global issues, and global decision making that reflects local issues.

How we built it

Our responsive frontend is built using ReactJS, and of course our smart contracts are written into solidity. Those connect via an oracle to our backend that does the number crunching, written in Django and using CadCAD and scipy to do the calculations.

Challenges we ran into

Celos wallet is a bit harder to integrate than some other blockchains, took us a while and viewing multiple different repos and examples to get it done.

Accomplishments that we're proud of

Getting our impact score up and running is an accomplishment and will allow lots of powerful applications in the future. In addition, the recursive bonding curve setup we have to create hierarchical DAOs is a HUGE milestone for us and will allow much more complex DAOs than most existing DAO systems.

What we learned

We learned the importance of coordination and communication in our project, and hopefully our DAO system can be used to help us with this in the future :).

What's next for Project Kelvin

Now that we have a way to measure individuals' impacts over time, we can create an education reward system, that tracks different education initiatives and rewards those education initiatives that help people and companies make more regenerative decisions over time.