[Proposal] Research DAO x NFT WG

NDC Community and nodes NFT DAO
1

Resurgence of NEAR’s NFTs: A Look at Successful Models & Grassroots Funding

Research Objectives

  • NFT Developments on Other Chains: Identify successful NFT projects/innovations on other chains, analyzing their strategies, and market reception and potential for adaptation within the Near ecosystem.
  • Grassroot Funding Entities: Research successful grassroots funding entities, focusing on publicly available data points such as funding received, allocation strategies, and outcomes.
  • Comparative Analysis: Leverage collected data to draw comparisons with the NEAR ecosystem, supporting the hypothesis that with sufficient funding, attention, and support, digital collectibles can

Introduction

  • A summary of the research objectives.
  • The importance of understanding NFT developments, grassroots funding, and comparative analysis for the NEAR ecosystem.

NFT Development on Other Chains

Research Areas

  • Identification of Successful NFT Projects: Identify prominent and successful NFT projects on other blockchain networks.
  • Analysis of Strategies: Analyze the strategies employed by these projects, including marketing, community engagement, and technological innovations.
  • Market Reception: Analyze the trading volume, user engagement, and sentiment of the community with these projects’ market reception.
  • Potential for Adaptation within the NEAR Ecosystem: Assess the possibility of applying successful strategies and innovations from other chains to the NEAR ecosystem.

Methodology

  • Literature Review: Look through existing literature, whitepapers, and articles to find successful NFT projects on other chains.
  • Data Collection: Compile information on the market performance, user engagement, and technological features of identified projects.
  • Comparative Analysis: Evaluate the approaches and project acceptance in the market in relation to the present NFT developments in the NEAR ecosystem.
  • Expert Interviews: Conduct interviews, optionally, with project founders, developers, and community members to learn about their strategies and experiences.

Grassroot Funding Entities

Research Areas

  • Identification of Successful Grassroots Funding Entities: Identify grassroots funding entities that have achieved notable success in supporting projects within the blockchain space.
  • Funding Received: Examine the funding received by these entities, including sources of funding and allocation strategies.
  • Allocation Strategies: Analyze the allocation strategies employed by these entities, including grant programs, investment strategies, and community-driven initiatives.
  • Outcomes: Evaluate the outcomes and impact of the projects supported by these entities, including successful launches, community growth, and technological advancements.

Methodology

  • Desk Research: Utilize online resources, databases, and reports to identify successful grassroots funding entities within the blockchain space.
  • Data Collection: Gather data on funding received, allocation strategies, and project outcomes through publicly available sources such as websites, reports, and press releases.
  • Case Studies: Select a few prominent grassroots funding entities and conduct in-depth case studies to understand their funding models and outcomes.
  • Comparative Analysis: Compare the funding models and outcomes of identified entities with the funding landscape within the NEAR ecosystem.

Comparative Analysis

Research Areas

  • Comparison of NFT Developments: Compare the strategies, market reception, and technological innovations of successful NFT projects on other chains with those within the NEAR ecosystem.
  • Comparison of Grassroot Funding Entities: Compare the funding received, allocation strategies, and outcomes of successful grassroots funding entities with the funding landscape within the NEAR ecosystem.
  • Support for Hypothesis: Utilize collected data to support the hypothesis that with sufficient funding, attention, and support, digital collectibles can thrive within the NEAR ecosystem.

Methodology

  • Data Integration: Integrate data collected from the analysis of NFT developments and grassroots funding entities.
  • Comparative Analysis Framework: Develop a framework for comparing key metrics and factors across different research areas.
  • Data Visualization: Utilize charts, graphs, and visualizations to present comparative findings effectively.
  • Interpretation of Results: Interpret the comparative findings to draw conclusions and insights regarding the potential for NFT developments and grassroots funding within the NEAR ecosystem.

Conclusion

  • Summarize key findings and insights from the research.
  • Discuss implications for the NEAR ecosystem and potential recommendations for further exploration or action.

Milestones and Timeline for Research within 1 Month

Week 1: Research Planning and Initial Data Collection (April 15 - April 21, 2024)

  • Define detailed research objectives and methodologies for each research area (NFT developments, grassroots funding, and comparative analysis).
  • Compile a list of prominent NFT projects on other chains and grassroots funding entities within the blockchain space.
  • Establish criteria for evaluating the success and impact of NFT projects and grassroots funding entities.

Week 2: In-depth Data Collection and Analysis (April 22 - April 28, 2024)

  • Conduct thorough research and data collection on successful NFT projects on other chains, focusing on their strategies, market reception, and technological innovations.
  • Gather data on grassroots funding entities, including funding received, allocation strategies, and outcomes of supported projects.
  • Begin initial comparative analysis by identifying key metrics and factors for comparison between NFT projects and funding entities.

Week 3: Comparative Analysis and Findings Interpretation (April 29 - May 5, 2024)

  • Conduct a comparative analysis between successful NFT projects on other chains and the current state of NFT developments within the NEAR ecosystem.
  • Analyze the funding models, allocation strategies, and outcomes of grassroots funding entities, comparing them with the funding landscape within NEAR.
  • Interpret findings to conclude the potential for NFT developments and grassroots funding within the NEAR ecosystem.

Week 4: Report Compilation and Conclusion (May 6 - May 12, 2024)

  • Compile research findings, analysis, and insights into a comprehensive report.
  • Develop conclusions and recommendations based on the research outcomes, supporting the hypothesis that digital collectibles can thrive within the NEAR ecosystem.
  • Finalize the research report and present it to stakeholders within the NEAR community.

Research Team

Earnest: Team lead

BGem: NRC alumni

Nedlar: NRC alumni

Lautaro: NCR Cohort 2 student

Team Responsibilities

Team Lead

  • Overseeing the entire research project.
  • Setting research objectives and methodologies.
  • Coordinating activities among team members.
  • Ensuring project timelines and deliverables are met.
  • Conducting final review and analysis of research findings.

Expertise: Experienced in research project management, data analysis, and report writing.

NCR Alumni

  • Conducting in-depth research and data collection on NFT developments, grassroots funding, and comparative analysis.
  • Analyzing collected data and identifying key trends and insights.
  • Collaborating with the team lead to interpret findings and draw conclusions.
  • Assisting in compiling research reports and presentations.

Expertise: Skilled in data analysis, market research, and report writing within the blockchain and NFT domain.

NCR Student

  • Assisting in initial data collection and research planning under the guidance of the team lead and experienced researchers.
  • Conducting research tasks as assigned, such as compiling lists of NFT projects and grassroots funding entities.
  • Supporting experienced researchers in data analysis and interpretation.
  • Assisting in preparing research materials and documentation.

Expertise: Developing research skills and gaining familiarity with the blockchain and NFT landscape.

Requested Amount

  • Team Lead: $700
  • NCR Alumni: $1000 ($500 each)
  • NCR Student: $300

Total Cost: $700 + $1000 + $300 = $2000

Applicant Info

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