Grant Proposal - Boris Boarman: AI-assistant helping navigate crypto grants

This post is for initial discussion and feedback collection on an AI-assistant designed to help navigate crypto grants, bounties, and other funding options. The full treasury proposal is in progress and will be published and shared as soon as we collect positive feedback.

Boris Boarman landing page: Boris Boarman | Whatdahack?!

Context & Objective

Web3 space is well-known for fostering innovation, and existing crypto grant programs and funding options have given birth to many promising startups and initiatives.

However,

  • the process of searching for, finding, and applying for the right crypto funding option is cumbersome and time-consuming for both applicants and reviewers.
  • Applicants struggle with identifying suitable grants and preparing high-quality applications,
  • while reviewers face the challenge of managing numerous submissions. T
  • This inefficiency leads to missed funding opportunities for promising projects and teams
  • and increased workloads for grant reviewers.

Solution: Boris Boarman - AI-agentic application streamlining the grant application and review process

Our research identified three initial scenarios where such an AI assistant can be helpful:

Epic 1: Idea Review and Evaluation

  • An idea is checked against the knowledge base of all previous applications and tested by a trained LLM or real AI intellegence capable of evaluating an idea based on a numeric impact analysis approach. Feedback for improvement is provided.

Epic 2: Relevant Grant Programs Search

  • The AI assistant searches for and finds the best and currently active funding options to finance the development of the project or initiative, reducing the efforts from days to minutes.

Epic 3: Application Document Generation

  • The AI assistant guides the user through a sequence of questions to collect enough information about the project and generates application documents (including the application form and project development calculation) following a foundation’s application structure.

Project Objectives:

  • Develop a gateway tool to various crypto foundations grant programs to
    improve program discoverability.
  • Develop an AI-driven tool to validate project ideas and match them with suitable
    grant opportunities.
  • Automate the creation of relevant paperworks (application form, calculations,
    timelines, team skills compliance, etc) to streamline the application process.
  • Improve the quality and quantity of grant applications submitted, thereby
    increasing the number of funded projects.
  • Reduce the time and effort required for reviewing applications.

Target Audience

  • Grant Seekers: Individuals and organizations looking for funding opportunities to
    support their projects.
  • Crypto Grant Foundations: Organizations offering grants and seeking to promote
    their funding programs and streamline the application review process.

Timeline

Phase 1: Research and Planning (1 month) - Done

  • Identify specific needs of grant seekers and foundations.
  • Define project scope and requirements.
  • Develop a detailed project plan and timeline.

Phase 2: Development (3 months) - In progress

  • Set up the development environment.
  • Build core AI functionalities for the idea validation and grant matching.
  • Integrate APIs for automated document generation.
  • Integrate the functionality into web based interface

Phase 3: Testing and Feedback (1 months)

  • Conduct extensive testing of all functionalities.
  • Collect feedback from a select group of users (beta testing).
  • Implement necessary changes and improvements based on feedback.

Phase 4: Deployment and Launch (1 month)

  • Finalize all features and functionalities.
  • Deploy the tool.
  • Launch marketing and outreach campaigns to attract users.

Phase 5: Post-Launch Support and Enhancement (Ongoing)

  • Provide ongoing support and maintenance.
  • Continuously improve the tool based on user feedback and research.

Advantages of Boris Boarman
Our research identified 4 very similar projects, however we consider Boris Boarman most advantageous compared to other alternatives as it guides the user through the whole idea validation and application process by asking sequenced questions based on one of the three scenarios, instead of waiting for the user to come up with the right prompt. Utilizing custom fine-tuned LLM models for each scenario, we minimize the risk of hallucination and maximize the positive outcome from each interaction with the bot.

As we have advanced knowledge in investment evaluation and software development cost estimation we are able to integrate this knowlegde into Boris Boarman intellegence makig this unique IP another advantage allowing to delivery the smoothest user experience and the sharpest results.

We also have a solid vision for future functionality to streamline project progress reporting to minize the risk of wasting approved funds. It will secure foundation funds from unaccountable teams, increase transparancy and reduce the transaction overhead even more.

Innovation:
Boris Boarman is the first tool to integrate conversational AI with grant
application automation, significantly reducing the workload for both applicants
and reviewers.

Company Background & Team Expertise:
Roman Gorbunov, Developer and Founder
14 years of industry total experience, in web3 since 2016 developing various projects from cross-platform wallets with multi-asset support, nft-marketplaces, defi/defund infrastructure, proprietary blockchain projects and cloud-based fintech projects for Fortune 500 corporations and crypto native companies. Certified Software Product and Investment Manager.

https://www.linkedin.com/in/rgorbunov/
https://twitter.com/roma_gorbunov

Asim Abbas, Solutions Architect

Experienced Software Engineer, adept in bringing forth expertise in design, development, testing and maintenance of web and mobile apps. Proficient in various platforms and languages.

https://www.linkedin.com/in/asim0028/
https://x.com/_asim_abbas

Development Costs:
Initial estimation for the fully fledge product is around $250 000
We see it is possible to develop the MVP under $50 000

The detailed estimation will be updated on the current developing and researcch finding and provided on a positive feedback for the proposal.

Impact (What innovation or value will your project bring to Lido Foundation)?

  • Increase Grants Program Discoverability: The tool will reduce weekly efforts for
    searching, finding and getting ready for the right programs down to a couple of
    hours.
  • Increase Quality of Applications: The platform will enhance the completeness
    and quality of grant applications.
  • Increase Amount of Projects Funded: By accurately matching projects with
    suitable grants, more projects will receive funding.
  • Reduce Efforts for Applications Review: Automating the document creation
    process will streamline the review process for grant foundations.

What is the current stage of your project?

  • OpenAI infrastructure prototype developed and published for private testing.
  • Model trained on some sampled data from our findings, from various foundations and source data from various APIs in real time.
  • Custom code MVP is being developed and scheduled to be publsihed by mid September.

The major deliverables we are seeking to obtain during the current phase:

  1. Published prototype for beta-testers - done
  2. Custom developed model trained with foundations data - in progress, to be released soon (End of August)
  3. Custom developed AI-assistant to execute Epic1 feature scenario: Idea
    validation in progress, to be released soon (End of August)
  4. Standalone web application with free credit balance and token-gated access to
    full functionality ($40 per user)
  5. Collected and documented feedback from private beta-testers
  6. Outlined backlog and requirements based on users feedback and research for further development.

How idea/project aligns with the ecosystem and why it will serve as a growth force?

In the Lido ecosystem, where innovative and efficient solutions are critical, this
aligns perfectly by promoting high-quality projects that can drive technological
advancements and network efficiency.

Boris Boarman is designed to provided detailed impact potential projection for each idea submitted, so grant managers will be able to allocate funds more effeciently and reduce reviewing overhead.

Boris identifies and recommends the most relevant grant programs based on the
specifics of each project. This is vital for the ecosystem, which thrives on
targeted funding to fuel innovation. By aligning projects with appropriate grants,
Boris ensures efficient resource utilization, helping projects progress smoothly
from ideation to implementation.

How should the community measure the success of this grant?

  1. We will share the updates via the forum and/or email, whichever is easier
    for the team to keep a track of. Once shipped, we will also be announcing
    this via our socials (Twitter, Telegram, Youtube, LinkedIn).
  2. Tentative date of completion & report submission - 2,5 months since
    proposal approval, the team leaves the right to provide updates on
    delivery timelines in the case of force majeure or other reasonable
    matters.
  3. Published app
  4. 1000 user sessions from different users with the maximum 5 sessions per
    user to count
  • Boris Boarman is sick! And we need this kind of AI-tools.
  • Meah, I do not like it!
0 voters