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DYORDYOR extension proposal: A tool that aids users in real-time decision making by providing contextual expert opinions on the active page.

dyordyor
2 years ago

Imagine having immediate access to aggregated tweets from proven experts the moment you open a new page or article in the active window. DYORDYOR is an innovative open-source browser extension that does just that. It collects real-time, relevant Twitter mentions about a specific webpage or article, providing users with instant, same-page contextual insights that enhance due diligence in the web3 sphere.

(Full proposal)

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Test our extension on the polkadot.network -> (github.com/dyordyor/dyordyor/tree/main/dyordyor-chrome-extension)

  1. Install extension locally
  2. go to the polkadot.network

Our data sources

DYORDYOR curates a list of verified experts and community leaders associated with trusted Twitter accounts. These accounts are validated by reputable external sources such as CoinMarketCap, CoinGecko, and DeFiLlama. An AI system (like a LLM) manages and updates this list as experts' status changes or new ones emerge. Check 4 month of work in the DYORDYOR twitter
Also, some of extraction method can be observed in the DYORDYOR github.
We are constantly developing new extraction methods and upgrading our LLM models.

Some samples:

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Dedicated research team with Polkadot traction

Askhat and Artchi, dedicated researchers, have been immersed in the exploration of Polkadot and Kusama ecosystems since early 2022. Their research covers a wide range of technical aspects, primarily focusing on the potential of the community and decentralized applications (dApps). A portion of their findings, with a majority still under Non-Disclosure Agreements (NDAs), is available publicly through this link: Drive.

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DYORDYOR's Mission:

DYORDYOR is committed to fostering a more informed and self-secured cryptocurrency community. Its aim is to combat misinformation and fraud, empower individuals to conduct their own research, and ultimately make the crypto world safer and more accessible.

DOT holders benefits

For major DOT holders, DYORDYOR offers crucial insights that can shape decision-making and strategy. It provides a comprehensive view of sentiment and opinions on various crypto webpages, enabling holders to make informed decisions about investments, parachain and relay updates, and governance proposals. This leads to better outcomes and greater stability within the Polkadot

Future Use Cases within the Polkadot Ecosystem:

DYORDYOR has the potential to become an integral information tool within the Polkadot ecosystem. From assessing the reviews of the validators and DEXes to tracking new parachain dApps, researches, and upcoming integrations, to keeping abreast of parachain events and governance proposals, DYORDYOR has a wide array of use cases.

Here are several real-world challenges that DYORDYOR could help address within the Polkadot ecosystem (view full list in the full proposal)

  1. Staking Decisions: (get more in the full proposal)
  2. Security Alerts: (get more in the full proposal)
  3. Parachain Lifecycle Events: (get more in the full proposal)
  4. Legal and Regulatory Updates for dApps and Parachains: (get more in the full proposal)
  5. (view full list in the full proposal)

Budget Scheme for DYORDYOR:

We have bootstrapped a significant amount of work up to this point. Moving forward to the first milestone, we are requesting the minimum funds required to provide the extension as a viable solution for users and put it to the test.

A detailed plan of our next steps is provided in the Full proposal. To ensure cost-effectiveness, we intend to leverage our developer network and engage part-time developers who are already familiar with our work. This approach will help save time and increase productivity. Moreover, our team has extensive knowledge of the Polkadot ecosystem, which eliminates the need for any tasks related to research or analysis - it's already embedded in our collective expertise. Consequently, all the funds will be directly channeled into product development.

Comments (2)

2 years ago

Hello! We invite a member of the team to join AAG this Thursday at 3:30pm UTC to help us better understand this initiative! Please reach out on Matrix @ jay-chrawnna:matrix.org Thanks! 🙏

2 years ago

The tool isn't specific to Polkadot, then why ask funds only from Polkadot? Did other chains pay anything for the tool yet? Using Polkadot treasury to fund the development doesn't make sense. The value of this tool is when people actually use it. So suggest getting some traction from Polkadot users before requesting for funds from the treasury. There are so many extensions out there, I don't think people want to use them or this. Also, just in case you still end up getting funded, make sure to add 'Built with Grants from Polkadot treasury' into the extension footer. If not any other true value, it will atleast bring some marketing value back(if the tool really finds adoption)

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Comments (2)

2 years ago

Hello! We invite a member of the team to join AAG this Thursday at 3:30pm UTC to help us better understand this initiative! Please reach out on Matrix @ jay-chrawnna:matrix.org Thanks! 🙏

2 years ago

The tool isn't specific to Polkadot, then why ask funds only from Polkadot? Did other chains pay anything for the tool yet? Using Polkadot treasury to fund the development doesn't make sense. The value of this tool is when people actually use it. So suggest getting some traction from Polkadot users before requesting for funds from the treasury. There are so many extensions out there, I don't think people want to use them or this. Also, just in case you still end up getting funded, make sure to add 'Built with Grants from Polkadot treasury' into the extension footer. If not any other true value, it will atleast bring some marketing value back(if the tool really finds adoption)

PleaseLogin to comment

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