**Project Description:** Coordinape is a platform for the open ascription of contribution value onchain, allowing anyone to participate in creating trust graphs in or outside of communities. We started in 2021 by serving DAOs, as a way to manage projects, teams, collaborations, token allocations and value distributions. In 2023 we began to open our tools up to web3 contributors on decentralized social media to grant reputation onchain for ideas and efforts. We have have served tens of thousands of web3 collaborators, who have sent millions of GIVE, without collecting signifiant revenue so far.
[Coordinape.com](https://www.coordinape.com)
**Public Repository:** [https://github.com/coordinape](https://github.com/coordinape)
### **Budget Breakdown**
Octant Funds will be used to continue to support and upgrade the Coordinape Social Oracle (onchain GIVE reputation network) and the Coordinape app:
- minting fees for associated EAS attestations on Optimism
- as well as to develop new features such as:
- GIVE for onchain communities
- Reputation Economy
- Support of Coordinape products = 25% of budget
- Research and Development of new features and products = 50% of budget
- Marketing, ops = 25% of budget
**Funding Requested:** 10-20 ETH or more per Octant round would be a significant addition to our ability to persevere and help us to help web3 communities thrive
**Plans should you fall below, reach or exceed funding goals:**
- To add to our runway, $30K per quarter would sustain us for 25% longer
- We do have a treasury which will sustain us at a lower level of development ability regardless of funding secured.
### **Impact Measurement and Reporting**
We are focussed on GIVE as a defining metric. Each time GIVE is sent, someone is taking the time to show gratitude for the efforts of a colleague or friends in web3. We believe the potential for hundreds or thousands of GIVE per day to be sent is there, and this is what we are aiming at.
GIVE can be tracked on our EAS schema, The Social Oracle, where each GIVE is registered onchain as it is sent:
[https://base.easscan.org/schema/view/0x82c2ec8ec89cf1d13022ff0867744f1cecf932faa4fe334aa1bb443edbfee3fa](https://base.easscan.org/schema/view/0x82c2ec8ec89cf1d13022ff0867744f1cecf932faa4fe334aa1bb443edbfee3fa)
**Short-term Outcomes (0-3 months):**
- increased ways to send GIVE, experiemnts with AI agents, expansions into new places where GIVE can be sent, and new uses for GIVE.
**Mid-term Outcomes (3-6+ months):**
- reputation weighting enhances the value of GIVE, more plugins and uses for GIVE and the Social Oracle, more integrations and ways to extend web3 discovery and governance thru reputation.
**Long-term Impact (5+ years):**
- we have succeeded in making one of the richest decentralized information sources in web3, where collective attestations can be applied to any digital persona or artifact, and we help onchain data to become more interoperable, interpretive and useful. In the process we have helped DAOs, and digital communities and onchain users of all types, to make their efforts and ideas discernible and meaningful.
**Outcomes Measurement:**
- we will measure our success via increased use of GIVE, high reputation discernment via GIVE, community engagements, and more users and protocols using and integrating our data.
### **Interim Reporting**
**Regular Updates:**
- Quarterly updates and frequent Discord checkins when new features are released.
**Milestone Verification:**
- Increased GIVE usage can be tracked on our EAS schema, and we could set up a Dune dashboard to augment interpretation of protocol usage data.
### **Sustainability Plan**
We have enough runway to continue for more than a year, and we will be seeking new funding sources. These include:
- Investigating further grants and partnerships
- Consulting for companies and DAOs
### **Case Studies and Testimonials**
**Gathering Feedback:**
- We are in close communication with integrating partners, users and communities, and can solicit feedback for reporting purposes.
**Showcasing Success:**
- We can maintain Dune Dashboards for metrics presentation, and author update newsletters publicly or via email.
### **Advancing Values of Freedom and Privacy**
Coordinape users are fully able to use the platform and receive GIVE to anonymous profiles, via ethereum virtual machine wallets and generalized web3 identity, tools such as ENS. We believe in the value of onchain personas and operate in keeping with privacy and freedom, and our platform aims to augment this philosophy by offering global users portable, sovereign reputation.
### **Supporting Decentralization**
Coordinape is actively decentralizing ownership of the Reputation Economy and Social Oracle via CoDAO, an open, token community formed in keeping with the philosophies and practices of progressive decentralization.
### **Team Information**
primary independent contributors
Zemm: https://x.com/Zemm_NFT
Zakku: https://x.com/fifthworldzach
Ash: https://x.com/iamashmbanks
Chris: https://x.com/defiginger
Graffe: https://x.com/CryptoGraffe
Singer
Wing
### **Social Proof**
Our project has received grants and recognition from the Optimism DAO and Foundation, and press in various web3 focussed journals.
[RPGF 3 Results](https://github.com/ethereum-optimism/op-analytics/blob/main/rpgf/rpgf3/results/rpgf3_results.csv)
[RPGF 4 Results](https://github.com/ethereum-optimism/op-analytics/blob/main/rpgf/rpgf4/results/Retro_Funding_4_results.csv)
[Coindesk Article](https://www.coindesk.com/tech/2022/08/25/web3-workplace-platform-coordinape-launches-decentralized-compensation-tool-for-daos)
[Coindesk Article 2](https://www.coindesk.com/layer2/2022/07/05/coordinape-is-decentralizing-compensation-decision-making)
[Blockworks Article](https://blockworks.co/news/coordinape-nft-launch)
### **Transparency**
We use fully onchain mechanisms (SAFE / Parcel) to distribute funds to contributors and grantees. All funds will be used to seed development and BD, and all use and transactions will be viewable onchain.
### **Other funding**
- We received grants from DeFi protocols in 2020-21 to bootstrap building
- We raised venture capital in 2021, which lead to 3+ years of runway
- In 2023 and 2024, we received grants from the Optimism Foundation and Retroactive Public Goods Funding, to extend our ability to continue to contribute for web3.
- Paid features such as CoLinks and CoSouls have so far netted less than $30K.